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The Five Lies of Global Capitalism

This is an edited extract of The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay by Guy Standing (Biteback, 2016). Today we have the most unfree market system ever created. It is a corruption much deeper than corruption by individuals or companies; it is the uncharted corruption of an ideal, of free markets, as economies are being rigged to favor owners of assets—the ‘rentiers’—while depressing incomes from labor.
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