Date of release: Thursday, November 3, 2016

The Corruption of Capitalism talk, Business School, 21 NovThe 'lie' at the heart of global capitalism will be discussed during a seminar at the University of Greenwich on Monday 21 November.

Professor Guy Standing of SOAS, University of London, will be speaking about his new book, The Corruption of Capitalism. The event has been organised by the Public Services International Research Unit (PSIRU), part of Greenwich's Business School.

He argues that, while claiming to promote free markets, governments and international agencies have constructed the most 'unfree' market system ever, fostering growing inequality. The income distribution system has broken down and a new one is needed, he contends, anchored on basic income (social dividends) and democratic wealth funds.

Professor Standing, a Professorial Research Associate, is also the author of The Precariat: The New Dangerous Class (2011) and A Precariat Charter: From Denizens to Citizens (2014).

To register for the seminar, send name, organisation and phone number to

For more information about the seminar please contact Jane Lethbridge at

The event, part of a series looking at the future of public services, takes place in Queen Anne Court, Room 028, Greenwich Campus, at 5pm.

The university's Public Services International Research Unit investigates the impact of privatisation and liberalisation, with a specific focus on water, energy, waste management, health and the social care sectors. Its research topics include the function and structure of public services, and the strategies and influence of multinational companies and international financial institutions.

Story by Public Relations