MDSC62H3 Lecture Notes - Lecture 5: Dont, Proletariat, Gender Inequality

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Afl-cio american federation of labor/congress of industrial organizations. Rmi revenu minimum d"insertion sewa self-employed women"s association of india. Precariat: is a social class formed by people suffering from precarity, which is a condition of existence without predictability or security, affecting material or psychological welfare. Underneath those four groups, there is the growing precariat", fl anked by an army of unemployed and a detached group of socially ill misfi ts living off the dregs of society. The character of this fragmented class structure is discussed elsewhere (standing, 2009) 1970"s group of ideologically inspired economics came up with a neo-liberal model that captured ears and minds of poltications. Models prime theme was that growth and development depended on market competitiveness & therefore everything should be done to maximise competition and competitiveness. One theme was that countries should increase labour market flexibility. Increase for labour market flexibility meant risks and insecurities for workers in their families(standing 1)

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