Why Privatization is Fueling Inequality | Guy Standing on Capitalism | Lost Dollar Business Club Ep 628

Two Old Farts Making Noises

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In this LIVE episode of the Lost Dollar Business Club, we are joined by world-renowned British labor economist Guy Standing to explore the urgent issue of Privatization of the Commons and its impact on democracy and equality.
🔍 What's Happening?
Standing unpacks how rentier capitalism—a system where wealth is monopolized by property owners and the elite—is widening the gap between the rich and the rest of society. From the rise of insecure, low-wage jobs (the precariat) to the erosion of public goods, we’ll examine how privatization is dismantling democracy as we know it.
💬 What You’ll Learn:
How policies since the Reagan-Thatcher era have supercharged inequality
Why the global working class faces increasing insecurity and debt
The transformative potential of Universal Basic Income (UBI) to combat inequality
Insights on how UBI experiments have led to improved mental health and economic stability
🌐 Don't Miss This Discussion:
We’ll also touch on the global power dynamics between the U.S. and China, and the illusion of the so-called "free market." This is a must-watch for anyone interested in the future of capitalism and economic justice.
#capitalism #GuyStanding #precariat #economicinequality #basicincome #RentierCapitalism #trickledowneconomics #wealthgap #meritocracy #freemarket #laborrights #politicalreforms #universalbasicincome #financialjustice #EconomicFairness #lostdollarbusinessclub #lostandfound #businessnews #business #globaleconomy #globalnews #twooldfartsmakingnoises #2ofentertainment
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