Question: What is the Precariat? How according to Guy Standing does the Precariat differ from the traditional working class in industrial societies? Why according to Standing

What is the "Precariat"? How according to Guy Standing does the Precariat differ from the traditional working class in industrial societies? Why according to Standing has the Precariat grown in numbers over the past few decades? Referring to the concept of a "reserve army of labour", explain the likely indirect effects of the growth of the Precariat on the wages and working conditions of workers in full time employment

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