Do Intellectual property RIGHTS create INEQUALITY ? - (Short 2 - Ep. 24 with GUY STANDING)

▶ Do Intellectual property RIGHTS create INEQUALITY ? - (Short 2 - Ep. 24 with GUY STANDING)
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WATCH FULL VIDEO with GUY STANDING here :
▶ Rentier Capitalism and the Emergence of the Precariat --    • Rentier Capitalism and the Emergence of th...  
and here :
▶ Is BASIC Income the SOLUTION ? --    • Is BASIC Income the SOLUTION ?  

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Financial planner Jonathan K. DeYoe and Real Estate investor and coach Terrie Schauer team up to bring The Mindful Wealth Podcast.

Learn how to close the gap between the rat race and true wealth. The mindful wealth podcast is about making meaningful mental improvements to manifest an exponentially richer life. Discover the secret to security, tools to beating bigger-is-better thinking, and tips to mindful success, holistic wealth, and financial freedom.

00:00 - Do intellectual property rights create Inequality?
00:09 - Guy Standing
04:07 - Outro
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His 30 Years in the UN led him to a perspective in response to the neo-liberalism that started with Thatcher and Reagan in the late 70s. It was a time of real change in the field of economics from Keynesianism to neo-liberalism.
The ideology favored free-markets over institutions, social liberalism, and redistribution.
Neo-Liberalism is not about de-regulation. It is about Rentier - Capitalism.

The word “Deregulation” in reference to modern economics is a fundamental error of imagination. The word “deregulation” gets bandied around, but it is complete nonsense. This was a model that emerged which involved state regulation of a profoundly different type that what had preceded it. There is lots of regulation… but it benefits capital over labor.

In 80s and 90s, Rentier Capitalism emerged and a new globalized class structure began to take shape. That is when Dr. Standing articulated the “Precariat” for the first time. The word turned off the publisher and his Marxist friends did not appreciate the introduction of a new class.

Who knew? Dr. Standing professes utter disbelief that this ideas and books have received the welcome they have in the modern world. They’ve been translate into 24 languages and he has given 700 presentations on Rentier Capitalism and Basic Income.

Rentier Capitalism meant the privatization and the plunder of the commons.

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