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[[File:The-precariat.jpg|thumb]] | [[File:The-precariat.jpg|thumb]] | ||
Eric Weinstein | The term '''“Precariat”''' designates a social class characterized by economic insecurity, unstable employment, and a lack of predictable income, benefits, or occupational identity. It combines ''precarious'' and ''proletariat'', reflecting both the instability of modern labor conditions and their connection to working-class exploitation. | ||
== Origins and Conceptual Development == | |||
The concept gained prominence through the work of '''Guy Standing''', particularly in ''The Precariat: The New Dangerous Class'' (2011). Standing proposed that global labor markets have undergone structural changes producing a new class distinct from the traditional working class. He argued that neoliberal economic policies, labor market deregulation, and the dismantling of social protections have created widespread precarity in employment and life conditions. | |||
In Standing’s framework, The Precariat comprises individuals lacking stable labor contracts, occupational identity, or social protections—features that once characterized the industrial working class. Members of this group experience unstable, low-wage, and often temporary or gig-based employment. They are marked by income volatility, weak social integration, and limited access to welfare or labor rights. | |||
Standing situates the rise of The Precariat within late 20th- and early 21st-century transformations in global capitalism: labor market deregulation, privatization, technological disruption, and the erosion of collective bargaining. These processes, he argues, have produced a distinct class structure in which the precariat occupies a position of structural disadvantage, insecurity, and political disaffection. | |||
== Defining Features == | |||
The Precariat lacks the stable attributes associated with Fordist industrial employment: long-term contracts, social security, pensions, and collective bargaining rights. Members typically cycle through short-term jobs, part-time work, gig employment, or informal economic activities. This instability extends to their social identity and political voice, producing both economic and existential uncertainty. | |||
Key characteristics include: | |||
* '''Employment insecurity''': Temporary, zero-hours, or gig-based work arrangements. | |||
* '''Income volatility''': Unpredictable earnings and limited access to benefits. | |||
* '''Occupational fragmentation''': Weak attachment to a professional identity or career trajectory. | |||
* '''Social disembeddedness''': Reduced integration into unions, communities, or welfare institutions. | |||
* '''Educational mismatch:''' Often well-educated individuals performing low-skill or underpaid work. | |||
== Scientists as The Precariat == | |||
Eric Weinstein has used '''The Precariat''' to refer to the class of scientists and intellects trapped in economic fragility. Once architects of prosperity, they no longer possess the security and [[Academic Freedom]] once associated with intellectual life, now living at the mercy of grants, bureaucracies, and "[[Peer Review]]" ([[Peer Injunction]]). Their work, a public good, creates wealth that never reaches them. Precarity silences dissent and breeds conformity; courage is unaffordable. | |||
Weinstein points out that the postwar understanding between society and its scientists has disappeared. Stability and prestige have been replaced by grant cycles and bureaucratic oversight. What had been a revered calling has become a desperate contest for survival, an Academic Hunger Games. Weinstein argues that restoring security and prosperity to scientists would reignite innovation, rebuild national strength, and renew civilization’s creative core. Wealth, he insists, is the antidote to corruption, fear, and decay in science. | Weinstein points out that the postwar understanding between society and its scientists has disappeared. Stability and prestige have been replaced by grant cycles and bureaucratic oversight. What had been a revered calling has become a desperate contest for survival, an Academic Hunger Games. Weinstein argues that restoring security and prosperity to scientists would reignite innovation, rebuild national strength, and renew civilization’s creative core. Wealth, he insists, is the antidote to corruption, fear, and decay in science. | ||
== A Market Failure in Plain Sight == | === A Market Failure in Plain Sight === | ||
Weinstein argues that scientific labor is structurally undervalued. Researchers produce ''public goods'' — discoveries that benefit everyone and cannot be restricted — but receive compensation inconsistent with their societal value. This is a form of "market failure," since the system rewards administration and extraction rather than creation. | Weinstein argues that scientific labor is structurally undervalued. Researchers produce ''public goods'' — discoveries that benefit everyone and cannot be restricted — but receive compensation inconsistent with their societal value. This is a form of "market failure," since the system rewards administration and extraction rather than creation. | ||
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This condition, he maintains, distorts priorities. It leads to a society that treats knowledge as an afterthought while consuming its results. | This condition, he maintains, distorts priorities. It leads to a society that treats knowledge as an afterthought while consuming its results. | ||
== The Price of Fear == | === The Price of Fear === | ||
Financial dependence changes how people speak and act. When scientists' jobs and grants are insecure, dissent becomes dangerous. Many remain silent to avoid jeopardizing their positions. | Financial dependence changes how people speak and act. When scientists' jobs and grants are insecure, dissent becomes dangerous. Many remain silent to avoid jeopardizing their positions. | ||
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Weinstein cites the pandemic years as evidence, reminding his audience that scientists repeated the views of administrative leaders such as Fauci and Collins instead of challenging them. The issue is structural: a precarious academic profession cannot remain intellectually open. There is no possibility of dissent without fear of losing everything. | Weinstein cites the pandemic years as evidence, reminding his audience that scientists repeated the views of administrative leaders such as Fauci and Collins instead of challenging them. The issue is structural: a precarious academic profession cannot remain intellectually open. There is no possibility of dissent without fear of losing everything. | ||
== Cheap Science, Costly Consequences == | === Cheap Science, Costly Consequences === | ||
Weinstein contends that modern research culture favors compliance and volume over originality. Budgets are cut, expectations rise, and institutions reward caution. He describes this as "cheap science" — a system that appears efficient yet yields diminished outcomes. | Weinstein contends that modern research culture favors compliance and volume over originality. Budgets are cut, expectations rise, and institutions reward caution. He describes this as "cheap science" — a system that appears efficient yet yields diminished outcomes. | ||
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The consequence is declining trust and stagnation. Bureaucracy replaces discovery, and administrative logic overtakes radical curiosity and risk taking. | The consequence is declining trust and stagnation. Bureaucracy replaces discovery, and administrative logic overtakes radical curiosity and risk taking. | ||
== The Expert Class in Decline == | === The Expert Class in Decline === | ||
Weinstein's concern applies not only to scientists but also the larger "expert class." Journalists, academics, and professionals (e.g., doctors) face the same conditions of dependence and instability. | Weinstein's concern applies not only to scientists but also the larger "expert class." Journalists, academics, and professionals (e.g., doctors) face the same conditions of dependence and instability. | ||
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Weinstein characterizes this as a structural process that turns independent expertise into [[Managed Reality TM|managed opinion]]. When professional survival depends on sponsorship or compliance, the public’s access to independent judgment erodes. | Weinstein characterizes this as a structural process that turns independent expertise into [[Managed Reality TM|managed opinion]]. When professional survival depends on sponsorship or compliance, the public’s access to independent judgment erodes. | ||
== Restoring the Builders == | === Restoring the Builders === | ||
Weinstein maintains that stability is essential for intellectual honesty. A scientist must be able to [[Academic Freedom|resist authority and still remain employed]]. Without that foundation, even the strongest institutions risk devolving into performance structures. | Weinstein maintains that stability is essential for intellectual honesty. A scientist must be able to [[Academic Freedom|resist authority and still remain employed]]. Without that foundation, even the strongest institutions risk devolving into performance structures. | ||
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}} | }} | ||
== The Stakes == | === The Stakes === | ||
Weinstein presents '''The Precariat''' as evidence of a [[Universal Institutional Betrayal|deep imbalance between creators and institutions]]. A society that cannot secure its knowledge producers risks losing its ability to generate new ideas. | Weinstein presents '''The Precariat''' as evidence of a [[Universal Institutional Betrayal|deep imbalance between creators and institutions]]. A society that cannot secure its knowledge producers risks losing its ability to generate new ideas. | ||
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</blockquote> | </blockquote> | ||
== On X == | == More On X == | ||
=== 2022 === | === 2022 === | ||
{{Tweet | {{Tweet | ||