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Precarity is a condition of existence without predictability or security, generally with regards to an individuals material or psychological welfare. Precarity increases in late-capitalism as nations shift from manufactory to service and information based economies.
Milan-based organizer Alex Foti, formerly of the Italian flexwork syndicate ChainWorkers, identifies two types of workers afflicted by precarity, "chainworkers (being workers in malls, shopping centers, hypermarts, and in the myriad of jobs in logistics and selling in the metropolis) and what we call brainworkers (cognitive labourers, programmers, freelancers who possess individual value on the labour market but do not yet have a collective force or subjectivity with social rights - that is, they might make above- standard wages but if they lose their job they are thrown into poverty)."
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