asterisk2a + net   378

Entrepreneurs don’t have a special gene for risk—they come from families with money — Quartz
micro social safety net helps taking risks. see also what happens to your brain when living in poverty day to day. // And this is a key advantage: When basic needs are met, it’s easier to be creative; when you know you have a safety net, you are more willing to take risks. “Many other researchers have replicated the finding that entrepreneurship is more about cash than dash,” University of Warwick professor Andrew Oswald tells Quartz. “Genes probably matter, as in most things in life, but not much.” [...] “If one does not have money in the form of a family with money, the chances of becoming an entrepreneur drop quite a bit,” Levine tells Quartz.
Entrepreneurship  Silicon  Valley  Grundeinkommen  Universal  Basic  Income  social  safety  net  Dogma  chronic  stress  poverty  trap  Deprivation  Middle  Class  working  poor  Myth  UBI  risk  mental  health  Start-up 
september 2017 by asterisk2a
Naomi Klein on Trump Election: "This is a Corporate Coup d’État" - YouTube
Hillary's low voter turn-out. compared to Obama enthusiasm, gave it Trump. // Trump not republican, not ideolog, trump testing what will keep him in office (things might escalate). But Cabinet is Trump and Republican conspiracy. // "This is a Corporate Coup d’État" Cabinet picks are panic picks in part, to hold back progressive policy in west (regulating banks, pollution etc etc) ... next 100 days in favour of the SWAMP //&! ie shredding Net Neutrality - Meet The Man Who Might Kill The Internet - https://youtu.be/0DUM-7h1AlY - FCC appointment Ajit Pai. - if you are a corporatists, you want to limit competition, the small players coming up from down there ...
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january 2017 by asterisk2a
Technological Unemployment (2013) w Jacque Fresco
wikipedia Jacque Fresco // MORE AI, automation, robotics, augmented intelligence, self-driving cars = LESS AGGREGATE DEMAND (disposable income of the middle class, working class & working poor) [...] productivity has risen but incomes NOT! [...] & companies are making more money for shareholders & owners with less & less people (see Facebook) [...] Industry doesnt care abt people. They hire people because it hasnt been yet automated. [...] A JOBLESS RECOVERY & JOBLESS GDP GROWTH [...] routine middle class jobs eliminated fastest! [...] pace of destruction is greater than pace of creation of new jobs! [...] ie Lawyer Software searching through files via augmented intelligence //&! Humans Need Not Apply - youtu.be/7Pq-S557XQU //&! Jerry Kaplan ((re)distribute wealth more equally - youtu.be/JiiP5ROnzw8), Rifkin (Zero Marginal Cost), Paul Mason (post-capitalism) book //&! UBI a must in future - youtu.be/WMF-Z74C1QE &! youtu.be/mEV-kAjtm9U &! youtu.be/9pdU_Rkwzes
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july 2016 by asterisk2a
Stocks are up. But it appears to us that the U.S. economy is going down. Go figure.
velocity is at 57yr low - WOW! the money that is in circulation is in less hands! the econ expanded according to GDP, but less and less $ reach on avg each hand. - "This is serious. The velocity of money tracks how often each dollar is used to buy something in the economy. Falling velocity shows that consumers and business are pulling back… becoming more reluctant to spend and invest… downsizing… and holding onto dollars rather than spending them. This has a similar effect as reducing the supply of money bidding for goods and services. Prices drop. Deflation, in other words. The bubble has developed a leak. The hot air is gushing out." //&! bit.ly/1MOxc9A //&! research.stlouisfed.org/fred2/series/M2V &! pieria.co.uk/articles/getting_things_wrong_federal_reserve_style - it is associated with stagnant NGDP [...] demand problem.
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april 2016 by asterisk2a
Is Stephen Crabb the man to tackle this age of extreme inequality?
The Panama Papers will lead to the dynamiting of Tory credibility, but new work and pensions secretary, Stephen Crabb, is unlikely to prove the saviour of his party’s reputation. [...] Last autumn’s U-turn over cuts to working tax credits was a smoke screen. The axe will fall, only not everywhere, not just yet. From this week, existing universal credit claimants will lose up to £220 a month as the work allowance is pared back faster than the national living wage increases to replace it. [...] Short of taking a vow of poverty and retreating like Charles V to a monastery, there is nothing he can say now that will change the perception that he is at the head of a party that has a fundamental personal interest in preserving the advantages of the 1%.
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april 2016 by asterisk2a
Workers or Shirkers? Ian Hislop's Victorian Benefits
An entertaining, provocative film in which Ian explores the colourful history behind one of the most explosive issues of our times - welfare: who deserves to be helped, and who doesn't. [... ] all hate, no heart. just spreadsheets. at Whitehall, no 11. [...] Benefit Street = victorian freak show/circus of curiosities [...] writing about others, "othering" them. demonising them or putting them on pedestals, making them saints. [...] IDS "a single mother wo aspiration is a product of the system" would correct that, a product of her environment (society) [ie gentrification - poor living w poor door to door. and everyone is looking down on them.].
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april 2016 by asterisk2a
Piketty: EU should welcome one million immigrants a year
"The European Union has the capacity to absorb a large flow of migrants, one million per year in terms of inflow net of outflow," he said.
"This is exactly what we had between 2000 and 2010 and this was working in the sense that unemployment was being reduced.
"The problem is - with the austerity policies and with the recession - now we are in a situation where it's very difficult in particular with southern Europe, with the terrible economic situation that we have created there in particular." [...] The population of the EU has only risen by 0.2% a year since 1995, he argues, compared to 1.2% for the world's population over the same period.
According to Eurostat, the official statistical arm of the European Commission, a total of 3.4 million people came to the EU during 2013. Some 2.8 million left, leaving a net immigration figure of around 600,000. [S]low growth [...] exacerbated not just by a lack of immigration but also by austerity policies aimed at reducing public expenditure. [EU in recession 2011 forward]
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april 2016 by asterisk2a
Why Everyone Must Get Ready For The 4th Industrial Revolution
For example, as automation increases, computers and machines will replace workers across a vast spectrum of industries, from drivers to accountants and estate agents to insurance agents. By one estimate, as many as 47 percent of U.S. jobs are at risk from automation. Many experts suggest that the fourth industrial revolution will benefit the rich much more than the poor, especially as low-skill, low-wage jobs disappear in favor of automation.

But this isn’t new. Historically, industrial revolutions have always begun with greater inequality followed by periods of political and institutional change. The industrial revolution that began at the beginning of the 19th century originally led to a huge polarization of wealth and power, before being followed by nearly 100 years of change including the spread of democracy, trade unions, progressive taxation and the development of social safety nets.
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april 2016 by asterisk2a
The Week Ahead: the return of the nasty party and a good week for Brexit
David Cameron and George Osborne wanted to cut even more! //&! Nicky Morgan's embarrassing interview over Tory cuts to disabled welfare - youtu.be/hjk06tjx_xQ //&! Jeremy Corbyn - youtu.be/Ain-IP4pHCk //&! IFS: cutting disability benefits to fund tax cuts is a political choice - youtu.be/xVBf9dSa9Mw //&! MANIFESTO Election Campaign Promises - Tories hoist by their own petard over disability cuts - youtu.be/N8VijFKLQek //&! also closed Independent Living Fund - youtu.be/nurjzK5VPAI //& "The electorate don't mind. Those who vote aren't affected." *George Osborne - youtu.be/N8VijFKLQek - WCA to bring down bill by kicking people off was a pipedream & Universal Credit is a real cut in benefits. //&! Nicky Morgan's nightmare defending Osborne's nasty budget - youtu.be/Y9YNcQF4t8I - 12bn cuts were promised in Manifesto 2015. 4.4 tried through PIP. youtu.be/5-3Bp7qzj4Y (pre-election) //& cutting corporation tax (& capital gains tax) - youtu.be/gZ6qNHLnbs0 &! Analysis - youtu.be/v-qmvI9s3pE
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april 2016 by asterisk2a
Waiters And Bartenders Rise To Record, As Manufacturing Workers Drop Most Since 2009
On the surface, the March jobs reported was better than expected... except for manufacturing workers. As shown in the chart below, in the past month, a disturbing 29,000 manufacturing jobs were lost. This was the single biggest monthly drop in the series going back to December 2009. But not all is lost: as has been the case for virtually every month during the "recovery", virtually every laid off manufacturing worker could find a job as a waiter: in March, the workers in the "Food services and drinking places" category, aka waiters, bartenders and minimum wage line cooks, rose again to a new record high of 11,307,000 workers, an increase of 25K in the month, offsetting virtually all lost manufacturing jobs. This is how the two job series have looked since the start of 2015: 24k manufacturing jobs have been lost in the past 14 months compared to an increas of 365K food service workers.
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april 2016 by asterisk2a
Discussing the IMF’s research on inequality - an interview with Andrew Berg
Inequality and Unsustainable Growth (2011) - imf.org/external/pubs/ft/sdn/2011/sdn1108.pdf - what are the determinants of sustained growth (answer a middle class). phases of growth. institutional governance (tax evasion and tax avoidance). lobby, revolving door, no representation, career politicians. [...] redistribution should have win-win effect. //&! Richard Wilkinson: How economic inequality harms societies - youtu.be/cZ7LzE3u7Bw - national income per head (average) is not reflective (correlates) for health and child well-being measures, social capital (volunteering, Tories Big Society), mental health, prison population, social mobility. that is why Tories redefined fuel poverty & child poverty! That is why nominal GDP targeting is double edge sword (tax evasion and average national income per head, and being dependent on a industry for GDP (ie Brazil and resources, or south UK and banking - 80% of 2015 growth was consumtion). Leads to status anxiety & materialism/
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april 2016 by asterisk2a
Budget 2016: Four key numbers - BBC Newsnight
weaker outlook for income tax receipts & economy/global economy >> OBR has done 'no projections' on impact of Brexit: Robert Chote - BBC Newsnight - youtu.be/A0jvIUKTU1U //&! Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight - youtu.be/L0TBTbfNgCw - "WE HAD THE BIGGEST BANK BAILOUT" //&! NICKY MORGAN ON TORY WELFARE ROW - BBC Newsnight - youtu.be/IC_Yhggk62o
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march 2016 by asterisk2a
Iain Duncan Smith resigns: Why? What next? - BBC Newsnight
youtu.be/e2XyYgkYNFE - Resignation stuck a knife into George Osborne. // working age on the bottom of the pile bore the burden of austerity. [...] weakness of labour party could mean Conservative will be in power for a long time. [...] this is big shot of Tory-out vs Tory-in. They wanted Osborne to fail. // tax credits, Google Tax Deal, ESA, PIP/DLA, .... //&! Iain Duncan Smith First interview since his shock resignation - youtu.be/hr5-WbzevyM &! youtu.be/ntKf3HtVNxs - lower gov income (income tax receipts and corp tax) pushed things ahead. No 10 ran DWP ... // Marr Show papers: IDS's resignation and budget shambles (20 Mar 16) - youtu.be/ZkNOxXZW9Kw //&! Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight - youtu.be/L0TBTbfNgCw //&! Iain Duncan Smith Resignation Nothing To Do With EU - youtu.be/MJr2WmVtV1c &! youtu.be/_nAHvGZYkfY &! youtu.be/kvmOPZ0wP3o &! youtu.be/Hu_pnQBITPI
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march 2016 by asterisk2a
Pensions stance creates budgetary mayhem
Disability benefits: they are forecast to increase by £2bn over the next five years. Could do something there. Sickness benefits: they are predicted to rise by about £1bn. Might be able to save some of that. But what's this? It's rising by £15bn over the coming five years. That's the one. Off our Martian goes to see the chancellor. "What are pensions?" she asks. That is the problem the government is struggling with. Its political refusal to touch pensions, or pensioner benefits, has in a stroke protected the single biggest cost in the welfare budget. And the cost that is rising the most. [ AND ADD INTO THE SAME BUCKET THE NHS and PUBLIC HEALTH BUDGET! ] Welcome to your new job, Stephen Crabb.
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march 2016 by asterisk2a
Disability benefits U-turn leaves Cameron with £4.4bn to find
David Cameron has been forced to concede that a £4.4bn black hole created by the U-turn over disability benefits will not be filled by further cuts to welfare as he fought to shore up his credibility following the shock resignation of Iain Duncan Smith. The spending climbdown was announced on Monday by Stephen Crabb, the new work and pensions secretary, an hour after Cameron addressed the political crisis engulfing the Conservative party by offering his support to George Osborne and praise for the work of Duncan Smith. [...] but the Treasury clarified the remarks by stressing that there were no plans to fill the £4.4bn gap caused by dropping PIP reforms with further cuts in welfare spending. &! bbc.in/1S10VIg
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march 2016 by asterisk2a
Work and Pensions Secretary Iain Duncan Smith QUITS Cabinet with vicious swipe at George Osborne over shambolic disability benefit cut U-turn Read more: http://www.dailymail.co.uk/news/article-3499499/Work-Pensions-Secretary-Iain-Duncan-Smith-QUITS-Cabin
[ we are all in this together ] [IDS PIP cuts] 'not defensible' alongside the tax breaks for the wealthy in this week's Budget. [...] He branded slash in benefits for the disabled as being 'indefensible.' IDS hit out at Osborne for lack of awareness and for letting the welfare system be 'salami-sliced' [...] 'I am unable to watch passively whilst certain policies are enacted in order to meet the fiscal self-imposed restraints that I believe are more and more perceived as distinctly political rather than in the national economic interest,' he wrote. The former Tory leader and standard-bearer for the Eurosceptic Right of the party admitted he wanted to cut benefits enjoyed by wealthy pensioners, but these plans were blocked by the Chancellor and the Prime Minister. [...] Mr Duncan Smith believed the Chancellor was too sly and devious in the way he went about balancing the nation’s books. [ Osborne wanted also to increase VAT Solar Panels ]
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march 2016 by asterisk2a
'Graph of Doom' warning to Highland councillors
deprived areas have low tax base to fund welfare and social care, and w demographic bubble, less income tax receipts. this is a double whammy to fund demand of babyboomers. // In a paper to councillors, officers quote research such as a London borough council's "Graph of Doom" showing the effect of spending cuts on services.
The Highland officials also make reference to political commentators describing a period of "perma-austerity" for local government.
They recommend that the council reviews its priorities.
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march 2016 by asterisk2a
Budget 2016: Higher rate tax cut is 'wrong choice', says Nicola Sturgeon
[we are all in this together ] [ tax cut for one, and cut away +1bn in PIP ] the starting point for paying 40p income tax in the rest of the UK will be raised from £43,000 to £45,000. [...] Scotland's 40p tax payers: 372,000 - Approximate total number. 10% - Working population. £190m Value of 40p tax cut plan. 14,000 Workers removed from rate by cut [...] Shadow Chancellor John McDonnell backed the threshold change.
budget2016  tax  code  austerity  secular  stagnation  PIP  DWP  Iain  Duncan  Smith  vulnerable  Disabled  disability  SNP  Nicola  Sturgeon  George  Osborne  Tories  nasty  party  Conservative  Toff  Establishment  Privileged  social  safety  net  welfare  state  welfare  reform  tax  credit 
march 2016 by asterisk2a
Renten: Frauen bekommen nicht mal halb so viel Rente wie Männer - SPIEGEL ONLINE
Die Gehaltslücke zwischen Männern und Frauen wird im Alter zur riesigen Kluft: Im Schnitt erhält eine Rentnerin in Deutschland 57 Prozent weniger Geld als ein Rentner. Eine Studie zeigt die Gründe. [...] Die WSI-Forscher nennen eine Reihe von Faktoren, die für die Rentenkluft verantwortlich sind: niedrige Erwerbsbeteiligung: Frauen sind und waren weit häufiger gar nicht berufstätig als Männer. hohe Teilzeitquote: Frauen arbeiten häufig nicht Vollzeit. niedrige Entgelte: Aktuell verdienen Frauen im Schnitt 21 Prozent weniger als Männer. Früher, als die jetzigen Rentnerinnen im Berufsleben standen, war die Lücke noch größer. häufige und längere Erwerbsunterbrechungen, etwa durch Kinderbetreuung. häufige Beschäftigung in Minijobs ohne Rentenversicherung
gender  gap  retirement  child  care  elderly  care  adult  social  care  savings  rate  gender  pay  gap  poverty  in  old  age  poverty  social  safety  net  pension  pension  scheme  pension  obligation  pension  fund  public  pension  gender  inequality 
march 2016 by asterisk2a
State pension changes: Charity finds 70,000 people won't qualify for pension under new rules | Home News | News | The Independent
Changes to the system coming into effect on 6 April mean that people will need 10 qualifying years to get any new state pension. This is a change from the existing regime which allows people to receive at least some state pension even with only a few years of NICs. [...] Age UK said it supports the aim of a simpler, fairer state pension, acknowledging it should benefit many people with low lifetime earnings due to low pay and caring responsibilities. But the charity is concerned that there are many approaching retirement, particularly women, who do not have a full NI record. [...] "People who haven't built up enough National Insurance can apply for Pension Credit, which works by topping up their other income and provides additional security in retirement.”
pension  pension  scheme  pension  obligation  pension  fund  public  pension  UK  babyboomers  budget  deficit  secular  stagnation  low  pay  low  income  working  poor  Precariat  precarious  work  Zero  Hour  Contract  Contractor  part-time  self-employment  welfare  state  social  safety  net  poverty  in  old  age  NIC  Altersarmut  elderly  care  adult  social  care  retirement  401k  ISA  savings  rate  squeezed  middle  class 
march 2016 by asterisk2a
Over 80% Of Jobs Added In January Were Minimum Wage Earners | Zero Hedge
most of the jobs that were created, if only on a goalseeked, seasonally adjusted basis, were of the lowest paying, worst possible quality as has been the case for the past 7 years as the BLS desperately seeks to "pad" its political mandate of providing proof in a recovery which however is impossible if it were to tell the truth. //&! https://www.reddit.com/r/Economics/comments/48xbro/jobs_report_242000_jobs_added_unemployment_rate/d0njzvb //&! http://www.zerohedge.com/news/2016-03-04/past-year-us-added-360000-waiters-and-only-12000-manufacturing-workers &! http://www.zerohedge.com/news/2016-03-04/president-obama-takes-economic-victory-lap-after-biggest-wage-drop-record
UK  USA  job  creation  Service  Sector  Jobs  minimum  wage  low  pay  low  income  precarious  work  Precariat  BLS  HMRC  DWP  Iain  Duncan  Smith  George  Osborne  David  Cameron  aggregate  demand  Richard  Koo  consumer  debt  household  debt  credit  card  debt  car  loan  secular  stagnation  recovery  GFC  austerity  trickle-down  economics  neoliberalism  neoliberal  living  wage  tax  credit  FOI  Freedom  of  Information  Act  free  market  social  safety  net  welfare  state  housing  benefit  working  poor  economic  history  squeezed  middle  class 
march 2016 by asterisk2a
Iain Duncan Smith: the latest MP to pretend council cuts are not his fault | Public Leaders Network | The Guardian
[ comparing gov budget and council budgets to the liking of a company or household! ] [ Iain Duncan Smith ] My only advice to local council[s] is that if you get the balance right, you should be able to manage this in a way that is not headline news – doing it with better efficiency. It is like any company, [ ... /// ... ] In the case of Enfield, which has had to make savings of £118m since 2010 – 49% in real terms according to a council spokeswoman – Duncan Smith’s proclamations are an affront. [...] Duncan Smith’s ill-informed pontifications, Taylor says, are an exercise in power without responsibility
Richard  Koo  Iain  Duncan  Smith  George  Osborne  David  Cameron  Jeremy  Hunt  nasty  party  Tories  Conservative  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Council  Public  Services  Social  Services  Police  NHS  child  protection  safety  net  welfare  state  economic  history  aggregate  demand  austerity  UK  deprivation 
march 2016 by asterisk2a
Austerity has hit disabled people hardest – now they're fighting back | Public Leaders Network | The Guardian
The charity has accused the council of systemic failures, including removing wellbeing payments without offering an alternative, and raising eligibility criteria for social care so that disabled people who previously received services are no longer able to do so.
adult  social  care  Disabled  disability  OAP  stroke  heart  attack  heart  disease  premature  ageing  ageing  population  demographic  bubble  social  safety  net  welfare  state  Council  austerity  Public  Services  Services  DWP  ESA  Iain  Duncan  Smith  David  Cameron  George  Osborne  elderly  care  general  election  2015  election  campaign  promises  Manifesto  Westminster  Whitehall  Toff  Establishment  Privileged  fairness  budget2015  budget2016 
march 2016 by asterisk2a
Emily has organ failure – yet her mother had to battle for benefits | Frances Ryan | Opinion | The Guardian
What happened to Emily Field is unlikely to find its way on to the news. But the story of how one young woman with organ failure was denied help when she most needed it – and the subsequent battle between the Department for Work and Pensions (DWP), the outsourcing firm Atos, and a mother – tells us exactly how rotten Britain’s social security system has become. //&! ‘How long are you likely to have Parkinson’s?’ asked the woman assessing his claim. No wonder he is scared for his future - bit.ly/1TFWxTE - They asked what sort of work I could do but I can’t do anything physical because of my tremors … I can’t hold the wardrobe handles to get my clothes out in the morning.” That image might be one for George Osborne to pause on as he talks of cutting sickness benefits as an “incentive” for people such as Brehaut to get a job.
DWP  Iain  Duncan  Smith  Privatisation  austerity  welfare  state  social  safety  net  ESA  PIP  DLA  George  Osborne  David  Cameron  Tories  nasty  party  Conservative 
march 2016 by asterisk2a
Why Hillary Clinton’s ‘super-predator’ concession is such a big moment for political protest - The Washington Post
Clinton’s 1996 speech included some language about these so-called super-predators implying that they were a generation of guilt- and compassion-free sociopaths who, in the interest of society, simply had to be contained. [...] Clinton seemed audibly and visibly irritated, saying she would answer if allowed to speak and then, even more notably, “that no one had ever asked her that before.” Then, Clinton essentially moved on with her regularly scheduled fundraising program. There was no accounting, partial or full, for her 1996 position nor how she arrived at her 2016 stance on criminal justice reform. Moving on. [...] Clinton decided to offer an apology for using that “super-predator” and “brought to heel” language. In the 1990s both were part of a relatively popular but now largely discredited theory about rising youth crime. [ tough on crime was] effective tactic with white voters, because in the [US] there are a whole host of persistent stereotypes abt race & criminality.
Hillary  Clinton  prison–industrial  complex  mandatory  minimum  sentences  War  on  Drugs  Beschaffungskriminalität  economic  justice  System  Bail  racial  profiling  post-racial  America  racial  discrimination  meritocracy  meritocratic  American  Dream  Career  Politicians  No  Representation  social  democracy  plutocracy  oligarchy  Super  Rich  1%  Integrationspolitik  Sozialpolitik  downward  mobility  social  mobility  income  mobility  youth  crime  youth  unemployment  deprivation  Perspektivlosigkeit  trickle-down  economics  USA  neoliberalism  neoliberal  social  safety  net  welfare  state  recidivism  rate  Rehabilitation  presidential  election  2016  double  standard  stereotype  bias  prejudice  crime  white-collar  crime  public  sentiment  public  perception  public  opinion  Bill  Clinton  presidency  barackobama  judgement  snap  judgement  injustice  MLK  child  poverty  poverty  trap  food  poverty  mental  health 
february 2016 by asterisk2a
David Cameron will be ousted regardless of EU referendum vote | Daily Mail Online
Just 50 Tory MPs needed to trigger vote of no confidence in Prime Minister Cameron dismissed as a 'lame duck' and could face coup after June's vote Cabinet rebel Iain Duncan Smith rubbishes PM's warning that Brexit would be 'gamble of the century' Work and Pensions Secretary says UK's future is more in danger inside EU //&! Iain Duncan Smith declares war on David Cameron: Leading Eurosceptic minister accuses the Prime Minister of having a 'low opinion' of Britons and mocks his 'pessimistic' campaign to stay in the EU - dailym.ai/1KVS11H
Iain  Duncan  Smith  George  Osborne  David  Cameron  Tories  Conservative  Party  nasty  Toff  Privileged  Establishment  straight  white  male  male  privilege  white  male  privilege  negotiation  diversity  Westminster  No  Representation  Career  Politicians  Boris  Johnson  Theresa  May  immigration  migration  UKIP  DWP  welfare  state  social  safety  net  austerity  neoliberalism  neoliberal  trickle-down  economics  free  market  City  of  London 
february 2016 by asterisk2a
British people think their media is the most biased and right-wing in Europe - and they're probably right | Voices | The Independent
Just two individuals - Rupert Murdoch and Lord Rothermere - controlled a staggering 52.2 per cent of online and print national news publications in the UK in 2013 [...] All of these newspapers either backed the Conservatives or Ukip in the most recent election and are all considered traditional right-wing publications. If you add up the readership of these right-wing newspapers, they account for a staggering 69 per cent of national newspaper readership in Britain in 2013. Left Foot Forward concluded their analysis by stating that “over three quarters (77.8 per cent) of the press is owned by a handful of billionaires.”
UK  corporate  media  media  conglomerate  multinational  News  Corp.  News  Corporation  foxnews  newscorp  WSJ  far-right  Rechtsruck  Daily  Mail  Rupert  Murdoch  propaganda  Polarisation  populism  journalismus  investigative  journalism  journalism  Westminster  Whitehall  Tories  David  Cameron  nasty  party  Positioning  PR  spin  doctor  misrepresentation  George  Osborne  immigration  migration  austerity  DWP  Iain  Duncan  Smith  Nationalism  USA  tax  evasion  tax  avoidance  welfare  state  social  safety  net  NHS  Privatisation  Super  Rich  1%  oligarchy  plutocracy  freedom  of  press  pluralism  pluralistic  society  lobbyist  lobby  Lobbying  revolving  door  No  Representation  Career  Politicians  UKIP  squeezed  middle  class  wage  stagnation  Wall  Street  shareholder  value  profit  maximisation  GFC  bank  bailout  Generationengerechtigkeit 
february 2016 by asterisk2a
TWiST - E622 by TWiStartups
when displaced through technology "labour will find eventually more productive uses." // creative cognitive non-repetitive work is safe // more bounty // have to have social safety net! general welfare "complex issue" to tax the 1% for that ... // 40:50 Pakistan, Drone Warfare, one hand does x other hand does y ... see PBS Frontline on Iraq war. Also Fahrenheit 9/11. Cablegate. harbouring taliban, al-quaida, refuge and supplying them.
automation  Robotics  AI  artificial  intelligence  augmented  intelligence  self-driving  cars  autonomous  car  Mobile  Creatives  Mobile  Creative  creativity  standard  of  living  economic  history  book  Gini  coefficient  meritocracy  meritocratic  American  Dream  inequality  income  distribution  squeezed  middle  class  wage  stagnation  secular  stagnation  income  redistribution  welfare  state  social  safety  net  food  poverty  poverty  trap  child  poverty  poverty  free  market  trickle-down  economics  neoliberalism  neoliberal  fairness  tax  evasion  tax  avoidance  Generationengerechtigkeit  neoconservatism  neoconservatives  Career  Politicians  No  Representation  plutocracy  oligarchy  Super  Rich  1% 
february 2016 by asterisk2a
BBC iPlayer - Battling with Benefits - Episode 2
w 30hrs or less you can't make months end. // 40.000 in Wales alone on Zero Hour Contract. // +50% win ESA decisions/sanctions appeals
Zero  Hour  Contract  ESA  DWP  Iain  Duncan  Smith  George  Osborne  David  Cameron  austerity  welfare  state  social  safety  net  fairness  vulnerable  long-term  unemployment  structural  unemployment  precarious  work  Precariat  working  poor  low  pay  low  income  minimum  wage 
february 2016 by asterisk2a
Dispatches - Low Pay Britain - All 4
living wage starts from 21? 25? // retail big! high street big! - service sector. no manufacturing ... // IT IS CORPORATE SUBSIDY - PROGRAM FOR LOW PAY! // very far from Germay model! // tax payer pays for people in high street! // Ofsted found inadequate conditions! AND SMALL MINORITY GET ACTUALLY A FULL-TIME JOB! LOL LOL LOL! // Social Market Foundation (research) found lvl2 apprenticeship adds nothing to purse over a lifetime. // its DWP policy to get young people off the paper onto other paper largely, still funded, by the gov - still adding to budget deficit. // Ofsted concerned over apprenticeships "wasting public funds" // WHAT A TORY SPIN! // retail places have shot up, and construction plummeted! the latter is harder or put through training providers ( private companies, PRIVATISATION! ). employers are not in charge. to quote one employee of a training provider "meet targets, get money in" its about the # of apprenticeships, not the quality or economic need/industry. //
apprenticeships  exploitation  Workers  Union  Trade  Union  working  poor  Generationengerechtigkeit  fairness  precarious  work  Precariat  self-regulation  minimum  wage  living  wage  low  pay  low  income  welfare  state  social  safety  net  working  tax  credit  tax  credit  housing  benefit  Iain  Duncan  Smith  DWP  spin  doctor  Positioning  Career  Politicians  No  Representation  Service  Sector  Jobs  job  creation  youth  unemployment  policy  folly  policy  error  education  policy  PR  David  Cameron  George  Osborne  industrial  policy  STEM  Manufacturing  microeconomic  policy  macroeconomic  policy  recovery  GFC  disposable  income  discretionary  spending  corporate  scandal  corporate  welfare  subsidies  subsidizing  budget  deficit  Fachkräftemangel  trickle-down  economics  neoliberalism  neoliberal  Wall  Street  profit  maximisation  shareholder  value  Ofsted  skills  gap  budget2015  free  market  Privatisation  dogma  ideology 
february 2016 by asterisk2a
Politicking: Matt Taibbi on America's 'Injustice System' - YouTube
worship culture of success. [...] jail is for poor people. [...] securities fraud go jail free w fine, and do benefit/welfare fraud, go straight to jail! // For Profit Bail System - on YouTube Vice Channel. //&! Matt Taibbi, "The Divide" - youtu.be/k4CohXkdR0w //&! Matt Taibbi: Minding the Wealth Gap - youtu.be/KiRe1PK3zkM //&! Too Big To Fail, Too Big To Jail: Matt Taibbi, Bernie Sanders Town Hall 2013 - youtu.be/d-nh8DYJvlM //&! Matt Taibbi: The Conspiracy To Destroy Our Pensions - youtu.be/ZIDfyfXDGME //&! Matt Taibbi explores US criminal injustice with Bill Maher - youtu.be/uS9LHBPTM7A //&! The Divide: American Injustice in the Age of the Wealth Gap (w/ Matt Taibbi) - youtu.be/iFl-o7qJHaY
white-collar  crime  mandatory  minimum  sentences  Beschaffungskriminalität  post-racial  America  racial  profiling  economic  justice  injustice  System  Law  &  Career  Politicians  War  on  Drugs  Precariat  deprivation  poverty  trap  USA  Gini  coefficient  prison–industrial  complex  inequality  meritocracy  meritocratic  American  Dream  education  policy  social  mobility  income  mobility  health  inequality  mental  health  mental  illness  chronic  stress  poverty  book  compassion  empathy  Greed  welfare  state  stigma  plutocracy  oligarchy  Super  Rich  1%  Fraud  securities-fraud  social  safety  net  Food  Stamps  Food  Bank  public  sentiment  prejudice  bias  downward  mobility  trickle-down  economics  neoliberalism  neoliberal  neoconservatism  neoconservatives  financial  accounting  scandal  corporate  scandal  lobbyist  lobby  Lobbying  interest  groups  vested  interest  too  big  to  jail  money  laundering  bribery  corruption  DOJ  SEC  presidency  barackobama  GFC  financial  product  economic  history  squeezed  middle  class  working  poor  wage  stagnation  libor  rigging  scandal 
february 2016 by asterisk2a
Number of childminders in England falls by 10,000 in five years | Money | The Guardian
[ single parents ... // privatisation works only if you have people that have to money to spend on private child care, duh! ] The number of childminders in England has plummeted by 10,000 in the past five years, putting pressure on childcare places and raising costs for working parents, according to figures obtained by Labour. As a result of the drop in numbers, Labour says, there are now 23,000 fewer childcare places provided by childminders in England, and costs for places have risen by 27% since 2010. In a further blow, the Tories’ flagship childminder agencies scheme, intended to be a “one-stop shop” aimed at simplifying childcare for parents and getting more childminders into the profession, has failed to get off the ground. Figures in Ofsted’s annual report show that just five agencies are registered with Ofsted, and to date none have childminders signed up with them. [...] [ potential childminders have to self-fund education ]
child  care  policy  folly  austerity  policy  error  education  policy  income  mobility  social  mobility  Gini  coefficient  Privatisation  welfare  state  social  safety  net  Ofsted 
february 2016 by asterisk2a
Full-time work is no bar to poverty in UK, report says | Society | The Guardian
Despite at least one adult working full time, millions of households cannot make ends meet, Joseph Rowntree Foundation reports [...] Millions of households struggle to make ends meet even though they include at least one adult in full-time work, according to a report by the Joseph Rowntree Foundation (JRF). Living standards have declined since 2008 despite the economy’s return to growth, the anti-poverty charity said, warning that families with children are at particular risk of a life in poverty. [...] The MIS is determined by asking members of the public to define what is needed to “live to an adequate level”. The threshold is £16,850 for a single person, £25,600 for a lone parent with one child and £36,060 for a single breadwinner with two children. [...] Approximately 11.6 million people in the UK live below the MIS, [...] An improving economy alone is not guaranteed to reverse this rise.” [...] [ no economic security in this recovery! ]
Service  Sector  Jobs  job  creation  precarious  work  Precariat  minimum  wage  Zero  Hour  Contract  Contractor  UK  poverty  tax  credit  child  poverty  squeezed  middle  class  wage  stagnation  income  growth  low  pay  low  income  disposable  income  discretionary  spending  income  distribution  income  inequality  Gini  coefficient  income  mobility  downward  mobility  social  mobility  income  redistribution  tax  free  income  recovery  austerity  living  standard  quality  of  life  Perspective  Perspektivlosigkeit  deprivation  economic  security  GFC  secular  stagnation  economic  history  inequality  health  inequality  trickle-down  economics  dogma  ideology  neoliberalism  neoliberal  corporate  tax  rate  corporate  welfare  subsidies  subsidizing  DWP  George  Osborne  David  Cameron  Iain  Duncan  Smith  budget  deficit  tax  evasion  tax  avoidance  USA  household  debt  consumer  debt  credit  card  debt  car  loan  student  loan  debt  student  loan  student  debt  Bubble  child  care  social  safety  net  welfare  state 
february 2016 by asterisk2a
Facebook ‘colonialism' row stokes distrust in Zuckerberg - BBC News
[ winner take all environment ] Digital colonials Because colonialism, albeit digital, is precisely what some in India were afraid of. The suggestion by Andreessen that India, with its history, should somehow be pro-colonialism was treated by many as absurd. //&! India's regulators reject FB "Free Basic" on grounds of net neutrality - on.recode.net/1PPpuLd //&! what Facebook and Marc Andreessen got wrong about Free Basics and India. - https://soundcloud.com/exponentfm/episode-066-you-dont-know-what#t=50:00 --- it's about Zero Rating
Facebook  Google  Search  Google  Inc.  Amazon  Apple  Marc  Andreessen  a16z  Mark  Zuckerberg  philanthropy  Net  Neutrality  Zero  Rating 
february 2016 by asterisk2a
Jeremy Hunt makes the wrong diagnosis - Jason Beattie - Mirror Online
Jeremy Hunt claims the new terms are necessary if the government is to deliver its ambition of a 7-day NHS. But there is a deeper issue of why Mr Hunt is pressing ahead with these reforms when there is a the far bigger crisis facing the health service - the dire state of social care. To put it another way: why is the Health Secretary trying to build an extension when the main house is in danger of collapsing? In the last parliament the Coalition government cut social care by more than £3billion despite warnings it would put unsustainable pressure on the NHS as elderly patients require treatment which could have been prevented if they had been cared for at home. The NHS is now suffering from the consequences of those cuts.
NHS  policy  error  austerity  Council  elderly  care  adult  social  care  Jeremy  Hunt  David  Cameron  George  Osborne  babyboomers  demographic  bubble  premature  ageing  ageing  population  general  election  2015  budget2015  budget2010  election  campaign  promises  Manifesto  Junior  Doctors  A&E  GP  CQC  bed  blocking  sick  population  health  crisis  public  health  policy  public  health  health  care  budget  health  care  spending  diet-related  disease  chronic  diseases  vulnerable  Disabled  disability  Services  Services  welfare  state  social  safety  net  DWP  Iain  Duncan  Smith  fairness  bank  bailout  tax  avoidance  tax  evasion 
february 2016 by asterisk2a
Prisons overhaul to be announced by David Cameron - BBC News
He will say the "failure" of the current system, with its high reoffending rates and levels of violence, is "scandalous". He is expected to announce prison governors will be given more say over how jails spend their money. [ BUT NOT MORE MONEY AS A WHOLE TO PREVENT, INTERVENE, REINTEGRATE and this was not in the Manifesto ] [...] "Not everyone shows remorse and not everyone seeks redemption. "But I also strongly believe that we must offer chances to change; that for those trying hard to turn themselves around, we should offer hope; that in a compassionate country, we should help those who've made mistakes to find their way back onto the right path." [...] "Prisons are currently violent and overcrowded. As such, they fail everyone: victims, the public, staff and prisoners themselves. [...] outgoing chief inspector of prisons in England and Wales said prisons were "as bad as you could possibly imagine". [...] conditions in adult prisons had deteriorated over the past five years.
austerity  Police  Public  Services  Social  Services  Integrationspolitik  deprivation  Precariat  Sozialpolitik  Beschaffungskriminalität  poverty  trap  Tories  PR  Positioning  spin  doctor  budget2015  nasty  party  Conservative  drug  abuse  alcohol  abuse  physical  abuse  substance  abuse  Gini  coefficient  Wertegesellschaft  Gesellschaft  society  psychology  sociology  David  Cameron  Career  Politicians  mental  health  childhood  development  parenthood  parenting  short-termism  childhood  child  poverty  child  abuse  Privatisation  Justice  System  economic  mobility  income  mobility  inequality  welfare  state  safety  net  homeless  homelessness  addiction  War  on  Drugs  Westminster  Toff  Privileged  Establishment  No  Representation  budget  deficit  Big  Manifesto  election  campaign  promises  general  election  2015 
february 2016 by asterisk2a
More Evidence Supporting the House of Debt | House of Debt
Many have argued that we overstate the importance of housing and household debt in explaining the Great Recession and weak recovery. They point to the banking crisis, policy uncertainty, or excessive regulation as equally or even more important. The data released today by the BEA show pretty clearly that the arguments we make in House of Debt remain relevant for thinking about economic weakness today. In our view, the explanation we provide is the most consistent with the striking difference in consumption across states. // From Comments: Without real median income rising you can’t grow in an economy based on debt expansion
secular  stagnation  consumer  debt  mortgage  market  household  debt  USA  UK  recovery  GFC  credit  card  debt  debt  servitude  debtoverhang  Richard  Koo  student  loan  debt  Super  Cycle  student  debt  debt  monetisation  debt  monetization  private  debt  fiscal  policy  monetary  policy  book  marginal  propensity  to  consume  consumerist  consumerism  zombie  consumer  discretionary  spending  disposable  income  negative  equity  job  creation  precarious  work  Precariat  low  pay  low  income  Service  Sector  Jobs  job-creation  squeezed  middle  class  Elizabeth  Warren  income  distribution  inequality  Gini  coefficient  income  mobility  social  mobility  American  Dream  post-racial  America  Joseph  Stiglitz  Thomas  Piketty  Paul  Krugman  part-time  Zero  Hour  Contract  Contractor  income  growth  income  inequality  economic  history  Super  Rich  1%  austerity  oligarchy  plutocracy  fiscal  stimulus  budget  deficit  corporate  welfare  tax  avoidance  tax  evasion  corporate  tax  rate  subsidies  subsidizing  welfare  state  social  safety  net  western  world  trickle-down  economics  neoliberalism  neoliberal  Chicago  School  credit  bubble  liquidity  trap  balance  sheet  recession  deleveraging 
february 2016 by asterisk2a
Employment and Support Allowance should not be cut - campaigners - BBC News
- bbc.in/1mhcpOT // putting disabled into poverty. as long as people are discriminated against in the workplace ... and no anonymous interview, nor CV exists ... this is not fair. // POSITIONING and SPIN and PR - less money and incentive vs a better life ... "A DWP spokesman said the government was "committed to ensuring that people have the best support possible". "The current system needs reform because it fails to provide the right incentives, and acts to trap people on welfare," the spokesman said."
ESA  DWP  Iain  Duncan  Smith  austerity  welfare  state  social  safety  net  Disabled  disability  vulnerable  mental  health  fairness  nasty  party  budget2015  George  Osborne  David  Cameron  Generationengerechtigkeit  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  HR  human  resources  discrimination 
february 2016 by asterisk2a
Draft EU deal: What Cameron wanted and what he got - BBC News
But how does the 16-page letter drawn up by the President of the European Council, Donald Tusk, measure up to what the prime minister originally wanted from the negotiations? The BBC's chief correspondent Gavin Hewitt gives his verdict while Europe correspondent Chris Morris looks at how the deal will be perceived elsewhere in the EU. //&! - bbc.in/20vdgOT - The deal, which includes an "emergency brake" on migrant benefits, paves the way for the UK's EU referendum to take place as early as June. But would this have the effect of reducing the number of EU migrants coming to the UK? Mark Easton has been investigating. ECONOMIC MIGRANT - bbc.in/1PVT25C &! bit.ly/1Qf0auj - FOI! - only 84,000 EU migrant families claiming tax credits have lived in the UK for four years or less [...] [ Cameron/Tories again selective and misleading. AND redefining migrant families even it the couple has one UK national! nasty party at work again redefining XYZ. ]
Brexit  immigration  migration  Schengen  Agreement  tax  credit  welfare  state  social  safety  net  low  pay  low  income  minimum  wage  Zero  Hour  Contract  Contractor  precarious  work  Precariat  UKIP  David  Cameron  Tories  nasty  party  Conservative  Fear  fearmongering  propaganda  Polarisation  populism  Rechtsextremismus  Rechtsruck  shadow  economy  FOI  Freedom  of  Information  Act  Positioning  PR  spin  doctor 
february 2016 by asterisk2a
Is public support for refugees in the UK dropping? - BBC News
A new poll indicates that support in Britain for taking in more refugees may be sliding. [...] bc people can't personalise the facts and figures. talk is only about numbers. not individual stories! the voices of refugees are not heard proportionately to what is written about "the crisis." ... rather than a task to do because the west has meddled in the middle east since WW1 in its own interest. the west supported the fall of lybian leader gaddafi, the west supported a regime change in egypt. the west looked away in Syria.
jasminrevolution  Arab-Spring  refugee  crisis  Middle  East  geopolitics  politics  Syrien  Syria  Egypt  Lybia  Libya  Muammar  Gaddafi  public  sentiment  Germany  UK  austerity  Fiscal  Pact  social  safety  net  welfare  state  Schuldenbremse 
february 2016 by asterisk2a
Nearly 14,000 disabled people have mobility cars taken away - BBC News
Independent Living Allowance ILA/ PIP personal independent payment & disability fund. // biggest cause of disability of 40 and older? stroke. diet and lifestyle attributed. // how much higher pay and lower taxes and less welfare state is paying for mobility scooters or cars that are customised for disabled person to drive? // // Nearly 14,000 disabled people who rely on a specialist motoring allowance have had their cars taken away from them following government welfare changes. [...] The government hopes to save £2bn as a result of the switch from DLA to PIPs. [ during a parliament term ] while tax evasion to the tune of +20bn a year goes on [ and around 70bn in europe (guestimate) ]
DWP  WCA  ESA  Disabled  disability  poverty  loneliness  social  safety  net  welfare  state  Iain  Duncan  Smith  George  Osborne  austerity  David  Cameron  fairness  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  heart  disease  stroke  nasty  party  Funding  Tories  Conservative  Westminster  Toff  Privileged  Establishment  No  Representation  constituency  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Career  Politicians 
february 2016 by asterisk2a
Harald Welzer zum Thema Flüchtlinge - YouTube
Thomas Friedman - Germany hippieland? // Gunnar Heinsohn über den wahren Hintergrund des Asylwahns - youtu.be/zhzthrcmkBM - (16:11) Milton Freedman, only highly productive educated skilled people come to your country for work if there is work, if there is zero social safety net/welfare state. GERMANY NEEDS TO INTEGRATE, EDUCATE migrants with MASSIVE PUSH! MASSIVE! NEW OWN MARSCHALL PLAN thus that those don't end up on hartz-iv and ALG2/Aufstocker! Compassionately. Emphatically. And ask German Industry to help to overlook some minor issues like German and Math that can be fixed along the way! reform economic refugees. // TO MAINTAIN Exportweltmeister and keep stable the transferleistungsbilanz (welfare state/social safety net) // economic refugees also created via trade agreements, globalisation and competition. and borderless world. // Book "Selbstdenken" - youtu.be/v_FVRNlLZT4
refugee  crisis  Angela  Merkel  Germany  political  economy  political  theory  public  sentiment  fearmongering  Fear  budget  deficit  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  SPD  CDU  CSU  babyboomers  squeezed  middle  class  Precariat  far-right  AfD  NPD  European  Union  European  History  Asylbewerber  Asylum  UK  USA  Ausländerfeindlichkeit  Social  Media  manufactured  consent  Lügenpresse  hartz-iv  ALG2  Aufstocker  mindestlohn  minimum  wage  sociology  psychology  safety  net  Agenda  2010  welfare  state  working  poor  liberal  economic  reform  Zeitarbeit  Gesellschaft  Wertegesellschaft  Zivilgesellschaft  Schengen  Agreement  Syrien  Syria  ISIS  islamic  radicalism  islamic  extremism  civil  war  Afghanistan  Iraq  Irak  East  demographic  bubble  ageing  population  Fachkräftemangel  Sozialpolitik  Integrationspolitik  Islamophobia  Rechtsextremismus  Rechtsruck  political  refugee  war  refugee  economic  refugee  Exportweltmeister 
february 2016 by asterisk2a
PMQs: David Cameron urged to 'think again' on ESA cuts - BBC News
[ we should help them get back to work ... 'by cutting their existence and add to worry, subsistence living and food and fuel poverty' ] Labour leader Jeremy Corbyn urged David Cameron to "think again" about cuts to employment and support allowance, warning that it will badly impact cancer patients and people with "severe" disabilities. Raising the topic at PMQs, Mr Corbyn said the government should not try to reverse its defeat in the House of Lords over the plans to cut the benefit by £30 a week. The PM said existing ESA claimants unable to work would not lose any money. "But in future, those who are able to get back to work, we should help them get back to work. That is what a compassionate country does," he added, and went on to attack Labour's health and economic policies in Wales and Scotland.
ESA  DWP  Disabled  disability  David  Cameron  Jeremy  Hunt  progressive  tax  code  tax  evasion  tax  avoidance  PR  spin  doctor  Positioning  nasty  party  Conservative  fairness  Generationengerechtigkeit  bank  bailout  budget  deficit  neoliberalism  neoliberal  trickle-down  economics  vulnerable  vulnerability  mental  health  George  Osborne  Iain  Duncan  Smith  welfare  state  social  safety  net  food  poverty  fuel  poverty  poverty  WCA 
february 2016 by asterisk2a
The upsetting reality of modern day poverty
My food budget? About £45 a week. [...] You see, to Jamie Oliver, a £20 shoulder of lamb is "cheap", because it can do two meals and it’s not the leg, so costs less per kilo. Two meals, Jamie? For 20 bloody quid, I want at least four meals. It’s a sad day when I get angry at Jamie Oliver for being a pretentious, arrogant prick. [...] I can’t afford to smoke. I don’t know many people who can. I have bars of soap next to my sinks and I am able to use them to good effect. I am not dirty. I am relatively poor. There is a difference. [...] The reality is eating plain boiled rice and pretending to like it, so the kids don’t know there’s no other food except for what is on their plates. [...] The reality of poverty is the shame of always having to say, “Sorry, I can’t afford it.” [...] I’ll make you a coffee, but only if you don’t have sugar – that’s a luxury we only buy in if we’re going to make a cake.
poverty  food  poverty  DWP  sanctions  Bank  Iain  Duncan  Smith  low  pay  low  income  minimum  wage  precarious  work  Precariat  Zero  Hour  Contract  part-time  child  poverty  child  tax  credit  tax  credit  working  tax  credit  austerity  George  Osborne  David  Cameron  social  democracy  democracy  fairness  Generationengerechtigkeit  bailout  corporate  welfare  welfare  state  social  safety  net  disability  Disabled  vulnerable  mental  health  homelessness  social  housing  affordable  housing  Crisis  Tories  nasty  party  Positioning  public  sentiment  public  awareness  public  perception  public  image  Perspektivlosigkeit  deprivation 
february 2016 by asterisk2a
Revealed: the Tories new plan to squeeze the working poor (From Herald Scotland)
[ great picture of IDS. redistribution from bottom to the top. ] THE TORY government been attacked over plans to extend controversial benefit sanctions to claimants with jobs, with critics warning introducing the "shockingly harsh" penalties risks plunging workers into poverty. A number of pilot schemes are currently being carried out in the UK – including in Inverness – to assess a new scheme which the Department of Work and Pensions (DWP) says is aimed at helping workers on low earnings take on more hours and increase their income. Benefits can be stopped if claimants fail to meet requirements outlined by the DWP – such as missing Jobcentre appointments or failing to show evidence of looking for more work for a certain number of hours a week, on top of their usual job.
sanctions  DWP  Iain  Duncan  Smith  working  poor  part-time  austerity  poverty  child  poverty  food  poverty  Zero  Hour  Contract  Contractor  freelance  self-employment  precarious  work  Precariat  low  income  low  pay  minimum  wage  UK  Gini  coefficient  income  inequality  income  distribution  income  redistribution  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  Tories  nasty  party  Conservative  Funding  progressive  tax  code  corporate  welfare  subsidies  subsidizing  George  Osborne  David  Cameron  dogma  welfare  state  social  safety  net  ideology  neoliberalism  neoliberal  trickle-down  economics  tax  credit  Service  Sector  Jobs 
february 2016 by asterisk2a
Economists to Cameron: refugee crisis response 'morally unacceptable' | World news | The Guardian
[ trapped by populism and UKIP (he followed into Brexit), as Career Politician and general election 2015 saving point ] In open letter to PM, more than 120 leading economists including former UN and World Bank officials say UK can do far more. [...] David Cameron’s government has agreed to take up to 20,000 Syrian refugees over five years, from the camps on the borders of the war-torn country. More than 1,000 have arrived so far. The numbers are dwarfed by the 1.1 million refugees taken in by Germany last year and 160,000 in Sweden, the highest in Europe as a proportion of the population. However, they and other EU countries are now trying to drastically reduce their refugee inflows. [...] [ Mario Draghi there is opportunity of growth RE demographic bubble ]
refugee  crisis  UK  David  Cameron  Career  Politicians  No  Representation  UKIP  Polarisation  propaganda  populism  immigration  migration  Brexit  public  sentiment  UNHCR  austerity  Theresa  May  manufactured  consent  welfare  state  social  safety  net  nasty  party  Tories  Conservative  Toff  Privileged  Establishment  demographic  bubble  Integrationspolitik  Sozialpolitik  Rechtsruck  Rechtsextremismus  Ausländerfeindlichkeit  Xenophobia  Islamophobia 
february 2016 by asterisk2a
Fred Block: The Tenacity of the Free Market Ideology - YouTube
Fred Block discusses his book “The Power of Market Fundamentalism,” which extends the work of the great political economist Karl Polanyi to explain why free market dogma recovered from disrepute after the Great Depression and World War II to become the dominant economic ideology of our time. // wo state role there would be no market system. // need social democracy in complex diverse society - representing people // freedom in complex diverse society = free of hunger and economic uncertain & freedom of nonconformity - protections, no marginalisation, no economic punishment // social democracy and free market are both Utopias // Thatcher & Co blaming State for malaise! nobody likes technocratic arguments, leaves public out, thus was able to make big return. // wealth creation through efficiency route takes more work and capital than predation (rentier/rent seeking) - ie relaxing fuel efficiency savings regulation for Detroit back in the days // trust that state can support innovation
economic  history  freemarkets  free  market  neoliberalism  self-regulation  neoliberal  book  macroprudential  policy  macroeconomic  policy  microeconomic  policy  Chicago  School  USA  UK  social  democracy  capitalism  dogma  ideology  austerity  trickle-down  economics  globalization  globalisation  borderless  flat  world  Greed  boom  and  bust  crony  capitalism  plutocracy  oligarchy  Super  Rich  1%  democracy  revolving  door  Career  Politicians  No  Representation  social  mobility  American  Dream  meritocracy  meritocratic  Alain  de  Botton  philanthropy  profit  maximisation  shareholder  value  Wall  Street  Gini  coefficient  income  mobility  education  policy  welfare  state  social  safety  net  Supply  and  Demand  market  economy  Demand  and  Supply  JohnMaynardKeynes  keynes  Keynesianism  GFC  Great  Moderation  Great  Depression  Utopia  Ronald  Reagan  Margaret  Thatcher  rentier  rent-seeking  predation  financial  product  wealth  creation  R&D  STEM  productive  investment  productivity  output  gap  public  investment  underinvestment  infrastructure  investment  competitive  competitiveness  M&A 
january 2016 by asterisk2a
James Galbraith, Kate Pickett, Branko Milanovic - Consequences of Inequality and Wealth Distribution - YouTube
free education / land value tax / higher inheritance tax / abolition of private education / more progressive taxation / combat tax avoidance and tax evasion / ... Universal Basic Income //&! New Theoretical Perspectives on the Distribution of Income and Wealth Among Individuals - youtu.be/RO8KWTb2iPM - w Joseph Stiglitz and Paul Krugman --- distinguishing between wealth and capital. ignore land (free yourself from Ricardo). land. credit. //&! David Cay Johnston: The Perils Of Our Growing Inequality - David Cay Johnston about his new book, Divided: The Perils of Our Growing Inequality. - youtu.be/ok7ZJ8mS19Y
inequality  income  inequality  Gini  coefficient  education  policy  income  distribution  income  redistribution  tax  free  income  income  mobility  social  mobility  health  inequality  gender  inequality  trickle-down  economics  neoliberalism  neoliberal  welfare  state  social  safety  net  progressive  tax  code  Super  Rich  1%  oligarchy  plutocracy  social  democracy  No  Representation  Career  Politicians  democracy  tax  evasion  tax  avoidance  Universal  Basic  inheritance  tax  financial  literacy  wealth  distribution  wealth-distribution  transferring-wealth  Thomas  Piketty  Joseph  Stiglitz  Robert  Reich  squeezed  middle  class  globalization  globalisation  Paul  Krugman  Elizabeth  Warren  austerity  fairness  Generationengerechtigkeit  fiscal  policy  economic  growth  Supply  and  Demand  Demand  and  Supply  disposable  income  discretionary  spending  credit  bubble  GFC  recovery  monetary  policy  debt  servitude  consumer  debt  household  debt  Student  Loan  debt  debt  credit  card  debt  credit  card  economic  history  macroeconomic  policy  microeconomic  policy  competitiveness  productivity  knowledge  worker  book  monopoly  oligopoly  oligopol  American  Dream  meritocracy  meritocratic  post-racial  America  free  market  freemarkets  dogma  ideology 
january 2016 by asterisk2a
Insatiability, and the 15-hour week - YouTube
// book wealth of nations //&! Prof Lord Robert Skidelsky - How Much is Enough? The Economics of the Good Life - youtu.be/yeWz5Cg_BD4 //&! Guaranteed Employment & Basic Income - youtu.be/2W1ShSG1X6k //&! Why the precariat requires a basic income (Prof. Guy Standing) (ENG) - youtu.be/4WaA8zqjBSk //&! The Precariat: The new dangerous class - Sydney Ideas - youtu.be/-jJt-5i_dls
book  Robert  Skidelsky  income  distribution  GDP  nominal  GDP  targeting  macroeconomic  policy  happiness  index  microeconomic  policy  4-day  work  week  6-hour  work  day  economic  history  well  being  public  health  policy  public  health  leisure  time  work  life  balance  burnout  western  society  western  world  secular  stagnation  life  hacker  life  lesson  inequality  Gini  coefficient  wealth  distribution  tax  evasion  tax  avoidance  social  democracy  No  Representation  democracy  welfare  state  social  safety  net  minimum  wage  Universal  Basic  Thomas  Piketty  precarious  work  Precariat  working  poor  poverty  in  old  age  poverty  UK  USA  Europe  transferring-wealth  wealth-distribution  trickle-down  economics  neoliberalism  neoliberal  Super  Rich  1%  plutocracy  oligarchy  Greed  zombie  consumer  consumerism  consumerist  status  anxiety  Selbstdarstellung  Selbstfürsorge  sociology  philosophy  Aristotle  low  income  tax  free  income  income  redistribution  income  inequality 
january 2016 by asterisk2a
Woman sobs while describing life on minimum wage to Bernie Sanders – video | US news | The Guardian
A woman in the audience of a Bernie Sanders rally in Iowa Falls, Iowa, breaks down while describing what it’s like to live on minimum wage. ‘It’s really hard,’ she says. Sanders praises the woman’s bravery in speaking out, and then rallies against Republican presidential candidates calling for cuts to social security
USA  poverty  poverty  trap  Bernie  Sanders  minimum  wage  part-time  Disabled  Social  Security  welfare  state  stigma  austerity  safety  net  Food  Stamps  presidential  election  2016  income  distribution  income  redistribution  income  inequality  plutocracy  oligarchy  Super  Rich  1%  inequality  health  inequality 
january 2016 by asterisk2a
Aberdeen and Edinburgh highlighted in city economies report - BBC News
No Scottish cities were in the top 10 for "low-wage, high-welfare" economies. The 2016 report - described as a "health check" for the 63 largest UK cities - focused on Chancellor George Osborne's vow to build a "higher wage, lower welfare" economy, as set out in the Summer Budget 2015. >> It argued that nearly a million new jobs had been created in cities since 2010 - but that the average salary had also dropped by £1,300 per resident. 'High-wage, low-welfare' << [...] The think tank said the two areas' ability to attract high-skilled jobs - in the oil and professional services industries for example - was the key to their success. It argued that cities with high wages had seen faster jobs growth, with employment rising by 10% since 2010, compared with 3% in low-wage cities. [...] [ Housing Crisis across the country thus ] increased housing benefit payments.
job  creation  recovery  Service  Sector  Jobs  UK  austerity  minimum  wage  living  wage  George  Osborne  neoliberalism  neoliberal  Manufacturing  macroeconomic  policy  microeconomic  policy  low  pay  low  income  tax  credit  child  tax  credit  working  tax  credit  tax  free  income  progressive  tax  code  income  distribution  disposable  income  discretionary  spending  income  inequality  income  growth  wage  growth  secular  stagnation  globalization  globalisation  borderless  flat  world  economic  history  nasty  party  Tories  Conservative  trickle-down  economics  squeezed  middle  class  precarious  work  Precariat  wage  stagnation  income  redistribution  welfare  state  social  safety  net  David  Cameron  budget2015  budget2010  Public  Services  Services  added  value  value  creation  Housing  Crisis  affordable  social 
january 2016 by asterisk2a
There’s so much to protest against. How to keep up? | Barbara Ellen | Opinion | The Guardian
On the eve of a House of Lords vote, more than 30 charities, including Mencap, Parkinson’s UK and Mind, plus peers, including Paralympian Tanni Grey-Thompson, have criticised the cuts (which would in effect reduce ESA to ordinary jobseeker level), arguing that they would put the disabled under increased pressure and make it harder for them to find work. [...] This is what matters at present – however dutifully the Labour party opposes cuts, the Tories clearly feel “unopposed” and thus free to continue unleashing their bombardments. People like me may also owe the shamed, battered Liberal Democrats an apology – during their time in coalition perhaps they did put the brakes on the worst excesses of Tory policy.
austerity  Labour  Party  Liberal  Democrats  Tories  nasty  Disabled  vulnerable  ESA  DWP  Iain  Duncan  Smith  budget2015  welfare  state  social  safety  net  poverty  Food  Bank  House  of  Lords  Gini  coefficient  income  distribution  income  redistribution  social  mobility  income  mobility  mental  health  HR  human  resources  discrimination  George  Osborne  social  democracy  David  Cameron  Jeremy  Corbyn  Opposition  Party  Career  Politicians  No  Representation  fairness 
january 2016 by asterisk2a
Revealed: Chancellor George Osborne to cost Scots working mothers £3,400 each year (From Herald Scotland)
[ via redd.it/41uxs1 ] New figures reveal for the first time the impact on Scots from George Osborne's cuts to in-work benefits through the new Universal Credit. Critics have accused the Chancellor of attempting to resurrect his scrapped tax credit cuts by the back door. Analysis shows that the average Scottish single mother-of-two working full time on the new National Living Wage would be £3,321 a year worse off by 2021. [...] The research by the House of Commons Library emphasizes the difference between those who remain on tax credits and those on Universal Credit, currently being phased in across Scotland. Next year a single mother of two in Scotland working full time on the minimum wage would be an average of £2,981 a year worse off if they are on Universal Credit than someone in identical circumstances on tax credits. [...] George Osborne's determination to fix the deficit on the backs of working people,
austerity  Universal  Credit  DWP  tax  child  tax  working  tax  working  poor  low  income  minimum  wage  social  safety  net  welfare  state  George  Osborne  Iain  Duncan  Smith  budget2015  fairness  bank  bailout  social  democracy  budget  deficit  child  poverty  food  poverty  Gini  coefficient  inequality 
january 2016 by asterisk2a
BBC iPlayer - Britain's Trillion Pound Island - Inside Cayman
20bn£/year go through tax avoidance (legal through loopholes). = 20bn austerity for next 4-5 years this parliament from 2015. and was around the same from 2010 as Tories came to power forming coalition with lib dems. // who can pay for the lawyer and lobbyist - to implement loopholes. // its the gov that lets make the rules, by lobbyists. // (New Labour) Gordon Brown cut corp tax in his time by 5% and Osborne will have it cut by further 10% points in his two parliament sittings as chancellor. "You can't compete with Zero." << Cayman Islands (no infrastructure and no educated people) - vs. - UK (with infrastructure and educated people, social safety net, pensions). // ultimately, tax laws have to be changed in the local country, not cayman islands.
UK  offshore  banking  tax  avoidance  austerity  fairness  Generationengerechtigkeit  budget  deficit  Wall  Street  shareholder  value  profit  maximisation  lobbyist  lobby  Lobbying  Tories  Conservative  Party  nasty  HMRC  revolving  door  No  Representation  democracy  social  democracy  bank  bailout  GFC  crony  capitalism  capitalism  Greed  budget2015  budget2010  non-dom  Super  Rich  1%  oligarchy  plutocracy  City  of  London  poverty  income  distribution  income  redistribution  inequality  Gini  coefficient  social  mobility  income  mobility  Policy  Makers  Career  Politicians  Westminster  Council  Public  Services  Services  constituency  babyboomers  globalization  globalisation  neoliberalism  neoliberal  tax  evasion  loopholes  welfare  state  social  safety  net  corporate  tax  rate  trickle-down  economics  George  Osborne  David  Cameron  GordonBrown  Labour  Party  borderless  accounting  scandal  white-collar  crime  corporate  scandal  corporate  crime  IMF  OECD 
january 2016 by asterisk2a
Sean Bean’s battle cry: ‘I despair at the state of further education’ | Education | The Guardian
fight to save colleges from threat of funding cuts //&! The Tories’ assault on further education will cost Britain dearly. Colleges have been battered by cuts already – another round could destroy them. It is time we made David Cameron talk about it - http://bit.ly/1QeZ46n
education  policy  social  mobility  income  mobility  social  safety  net  welfare  state  austerity  post  code  lottery  inequality  UK  George  Osborne  Generationengerechtigkeit  Tories  nasty  party  Conservative  David  Cameron  constituency  babyboomers  budget2015  short-termism  budget  deficit  dogma  ideology  Career  Politicians  No  Representation  social  democracy  democracy  fairness  generation  rent  student  loan  debt  student  loan  Bubble  discretionary  spending  disposable  income  student  debt  debt  servitude  consumer  debt  credit  card  debt  household  debt 
january 2016 by asterisk2a
DWP to apologise to woman whose brother killed himself after his benefits were cut | Society | The Guardian
A woman whose partially sighted brother killed himself after his benefits were cut is to receive an apology from the Department for Work and Pensions, after the health service ombudsman partially upheld her complaint about his case. It marks the end of a two-year battle for Linda Cooksey, 60, who believes her brother Tim Salter, a recluse with undiagnosed mental health problems, should never have been found fit for work by DWP assessors. [...] A report last month linked fit-for-work tests carried out between 2010 and 2013 with extra suicides and mental ill health. The DWP has said it has worked with medical experts and charities to make significant improvements to the work capability assessment (WCA) and give additional support to those with mental health issues.
DWP  austerity  welfare  state  social  safety  net  mental  health  mental  illness  vulnerability  vulnerable  Disabled  disability  UK  stigma  discrimination  social  discrimination  Iain  Duncan  Smith  spin  doctor  PR  Positioning  fairness 
january 2016 by asterisk2a
Long waits for disabled people on housing lists says charity - BBC News
The Leonard Cheshire charity says the number of those waiting for a home has risen by 7% in the last five years, with some on the list for up to 12 years.
Housing  Crisis  affordable  social  Disabled  disability  inequality  UK  austerity  welfare  state  social  safety  net  adult  social  care 
january 2016 by asterisk2a
Why should Rachel Watt have to sleep in her wheelchair? | Frances Ryan | Opinion | The Guardian
This is the hidden face of Britain’s social care crisis: disabled people left without help in their own homes. Read most coverage of the cuts to social care and it is easy to believe the crisis solely affects older people. According to research by Scope, 83% of disabled people in this country are now living without sufficient hours in their care package. That means being unable to get out of the house or waiting 14 hours to go to the toilet. This is what happens when austerity strips £4.6bn from social care spending in five years. As the government squeezes local authorities, social care has been left with a “funding gap” – a gaping wound, shall we say – that is growing by £700m a year. The King’s Fund thinktank has told the Guardian that the financial prospects for Britain’s social care system in 2016 “could not be worse”. [...] The biggest trick the government can play is the myth that any of this is inevitable. [...] It is the political choice[.]
Disabled  disability  austerity  Council  adult  social  care  elderly  care  NHS  health  care  health  care  budget  health  care  spending  vulnerable  Tories  Conservative  Party  nasty  Toff  ideology  DWP  Iain  Duncan  Smith  Jeremy  Hunt  dogma  Establishment  Privileged  Westminster  No  Representation  Career  Politicians  George  Osborne  David  Cameron  constituency  minority  budget2010  general  election  2015  general  election  2010  election  campaign  promises  babyboomers  premature  ageing  ageing  population  OAP  chronic  diseases  diet-related  disease  demographic  bubble  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  corporate  welfare  welfare  state  social  safety  net  recovery  GFC  subsidies  subsidizing  poverty  human  decency  subhuman  dehumanisation  human  being  human  tragedy  Super  Rich  1%  plutocracy  oligarchy  Party  Funding  food  poverty  neoliberalism  neoliberal  Rechtsruck  immigration  migration  squeezed  middle  class  working  poor  Precariat  low  income  far-right  UKIP  Positioning  PR  spin  doctor  populism  propaganda  Polarisation  manufactured  consent 
january 2016 by asterisk2a
Brexit: the golden opportunity that could become Sturgeon’s nightmare | Colin Kidd | Opinion | The Guardian
Paradoxically, Scotland has seemed on the brink of independence ever since losing the referendum. The prime minister’s ungracious, Ukip-appeasing speech on the morning after the vote proved a massive turnoff, especially for conscience-stricken no-voting doubters, to whom it sounded like undiluted English nationalism. Cameron’s own goal contributed to a phenomenal surge of support for the SNP, which since the 2015 general election holds 56 of Scotland’s 59 seats at Westminster. Given a majority on that scale, independence would appear to be there for the taking.
Brexit  Scottish  Independence  Scottish  referendum  SNP  Nationalism  Toff  UKIP  Establishment  Privileged  Westminster  nasty  party  Career  Politicians  constituency  Tories  Conservative  David  Cameron  George  Osborne  No  Representation  democracy  general  election  2015  election  campaign  promises  babyboomers  immigration  migration  Opportunism  opportunist  recovery  GFC  austerity  fairness  Generationengerechtigkeit  ideology  dogma  bank  bailout  welfare  state  social  safety  net 
january 2016 by asterisk2a
Why The Crash of 2016 Will Happen... - YouTube
China's Credit Bubble popped. &! Could China Trigger the Crash of 2016? - youtu.be/JRw8JgP-L0A //&! IMF: "Age of America" Will End 2016: Steve Forbes on China - youtu.be/YxCxHM5Ax_k //&! Has The Crash of 2016 Now Begun? What Can & Should Be Done? - youtu.be/JwEDvXYVE_g - Richard Wolff, austerity failed what has been promised "business confidence." Smart money unloading started in 2015. "Silly China-bashing." China has capacity (over capacity) but western world has reached its credit limit! << youtu.be/L4J_n9pTdJQ codependent. //&! youtu.be/ORRPNO2XPDA - still too much debt, austerity flaws, no income growth to serve debt and not cut back on spending (private households), China exporting deflation.
book  Super  Rich  1%  plutocracy  corporate  state  corporate  media  Wall  Street  lobbyist  lobby  Lobbying  vested  interest  interest  groups  revolving  door  Career  Politicians  No  Representation  social  democracy  democracy  Wertegesellschaft  Wegwerfgesellschaft  squeezed  middle  class  neoliberalism  2016  neoliberal  working  poor  Precariat  wage  stagnation  secular  stagnation  western  world  corporate  scandal  tax  evasion  tax  avoidance  corruption  bribery  Greed  GFC  bank  bailout  austerity  fairness  Generationengerechtigkeit  tax  code  Rechtsruck  far-right  Rechtsextremismus  refugee  crisis  symptom  Xenophobia  Islamophobia  Gini  coefficient  inequality  income  mobility  social  mobility  poverty  trap  welfare  state  social  safety  net  USA  Hegemony  China  UK  Debt  Super  Cycle  post-racial  America  crony  capitalism  capitalism  shared  economic  interest  economic  damage  Europe  PIGS  sovereign  crisis  consumer  household  ZIRP  NIRP  QE  IMF  financial  repression  speculative  bubbles  property  bubble  New  Normal  fiscal  policy  monetary  policy  globalization  globalisation  flat  world  borderless  free  trade  debtoverhang  credit  card  car  loan  mortgage  market  oligarchy 
january 2016 by asterisk2a
Civil servants will be banned from helping Brexit ministers, Cameron says - Politics live | Politics | The Guardian
He put Brexit on the table because it was popular and feared to lose votes to UKIP. Opportunist. Career Politician. Needs a script. And now is changing the script in order not to lose the plot. The public voting yes. // David Cameron has made it clear that civil servants will not be allowed to help ministers who want to make the case for Britain leaving the European Union. He set this out in a letter listing four rules that will apply to ministers who want to campaign for Brexit. [...] [ and makes clear what his cabinet and peers can vote on ] Ministers will only be free to dissent on the issue of staying in the EU or leaving. [...] Ministers who speak from the frontbench will be expected to support government policy. But “we need to be flexible and apply common sense”, Cameron said. [...] This implies that Outist ministers will not be allowed to make the case for leaving the EU from the Despatch Box. [ Meaning his Brexit-Op is a dickless stunt. ]
Brexit  general  election  2015  election  campaign  promises  David  Cameron  Tories  nasty  party  Conservative  Toff  Privileged  Establishment  Westminster  Career  Politicians  No  Representation  democracy  social  democracy  fearmongering  Fear  propaganda  populism  Theresa  May  imigrants  immigration  corporate  state  corporate  media  Daily  Mail  News  Corp.  newscorp  News  Corporation  manufactured  consent  Housing  Crisis  austerity  fairness  welfare  state  social  safety  net  Polarisation  Lügenpresse  far-right  Rechtsruck  European  2014  Manifesto  recovery  Precariat  precarious  work  globalization  globalisation  neoliberalism  neoliberal  bank  bailout  GFC  squeezed  middle  class  working  poor  wage  growth  wage  stagnation  income  growth  low  income  secular  stagnation  western  world 
january 2016 by asterisk2a
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