In his latest book, Prof. Guy Standing lays out the case against rentier capitalism - where a small majority accumulate vast wealth and power from rental income of tangible and intangible assets - and how universal basic income can mitigate the grievous economic imbalance.

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  Guy Standing,  The Corruption of Capitalism,  globalization,  the precariat,  property rights,  free market,  capitalism,  universal basic income,  intellectual property,  WIPO,  World Intellectual Property Organization,  property ownership,  rent seeker,  competition,  market system,  ISDS,  Investor-state dispute settlement,  industrialised countries,  poverty,  Goldman Sachs,  JP Morgan,  Other personality interviews,  Economy, Markets