The “Precariat” Population Explosion
In a recent Time article (Jan. 23, 2017) Klaus Schwab, the founder of the World Economic Forum that meets yearly in Davos, Switzerland, used the term Precariat to describe a growing segment of society. The term is what linguists call a portmanteau, a combination of not only words but also their meanings (think ‘smog’ as smoke and fog combining as a word and also in reality). Schwab describes a “condition of existence w/o predictability or security, affecting material or psych