In a rare moment of candour, the then Federal Reserve chairman, Alan Greenspan, gave us an insight into what he feels are the optimum conditions for workers. The so-called healthy economy that he presided over, owed its success to what he called growing worker insecurity. Workers with precarious existences are not going to make demands.
It’s this compromised position, coupled with diminishing wages, that is the cornerstone to the global gig economy. But with workers pushed to breaking point, is it now time to call time on predatory business models that give rise to this form of exploitative relationship?
Host Ross Ashcroft met up with Writer and Filmmaker, Shannon Walsh, to discuss.
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