LABR 1F90 Lecture Notes - Lecture 3: Precarity, Precariat, Wage Labour

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Enclosure movement and accumulation by dispossession: in short, the process of forcibly changing the social organization and thus separating people from the means of production, which was the land, thus creating a numerous class of landless labourers . Present-day examples of accumulation by dispossession: according to david harvey they are as follows: Privatization when you privatize something that was nationalized (doesn"t belong to government anymore) Finalcialization best example is the 2008 recession. Management of crises poorer nations that are forced into policies that keep them impoverished. Thursday, september 21, 2017: welfare capitalism: does not mean a capitalist country with welfare" programs. Rather, refers to firms that seek to engage labour in an ongoing way by creating programs geared to the whole" worker. The precariat is sometimes used to describe the class" of workers who experience precarity at work. These periods reflect dominant relations in transition: no exact dates.

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