asterisk2a + niedriglohn   63

George Osborne vs John McDonnell - Treasury Questions - YouTube
"economic security for the country (& working people)" out of the mouth of Mr "Judgement Call" (that is what the tax credit cuts are, according to him, in front of select committee in house of commons hearing on the matter. // As if 12bn have no multiplier. 12bn for the corporate sharing it amongst their shareholders who have already bns, there is no multiplier at all. it just moves the digit after the comma. For the poop it is about paying for heating and new shoes. stupid. could afford welfare bill if corporates were to pay their fair share of taxes and not avoid and evade and no corporate welfare like for the steel industry (picking winners). = Show of Career Politician with some ideoligy and dogma and no principles. HE IS A MERCENARY. NOT A VISIONARY. A Career Politician. Calculated. Opportunistic. No long-term view. // IFS did say, in case of austerity, private sector has to pick up the slack. And it did since 2010. And new figures in household debt/credit card debt shows that.
George  Osborne  tax  credit  child  tax  credit  working  tax  credit  general  election  2020  Policy  Makers  error  renewable  energy  Hinkley  Point  C  TBTF  property  bubble  generation  rent  Housing  Crisis  tax  evasion  tax  avoidance  fairness  Generationengerechtigkeit  infrastructure  investment  underinvestment  industrial  energy  price  energy  productivity  output  gap  job  creation  Research  R&D  STEM  gender  inequality  gender  pay  gap  education  social  mobility  income  mobility  downward  mobility  Gini  coefficient  Super  Rich  1%  Toff  constituency  Establishment  election  campaign  promises  general  election  2015  babyboomers  Privileged  Entitlement  corporate  welfare  fossil  fuel  big  pharma  sick  population  Sugar  food  industry  obesity  epidemic  obesity  childhood  obesity  folly  nasty  party  Opportunism  opportunist  minority  No  Representation  Career  Politicians  David  Cameron  Conservative  Tories  capital  gains  tax  corporate  tax  rate  competitive  competitiveness  zombie  consumer  household  debt  consumer  debt  credit  card  debt  credit  card  budget  deficit  Super  Cycle  austerity  low  pay  low  income  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  secular  stagnation  wage  stagnation  income  growth  squeezed  middle  class  income  distribution  income  redistribution  income  inequality  wage  growth  lost  generation  House  of  Lords  UK  Parliam 
october 2015 by asterisk2a
Robert Reich - Timeline Photos
What about all the ballyhoo about manufacturing jobs coming back to America? Well, some have. But they pay lousy wages. The average wages of production and non-supervisory employees in manufacturing are lower today than they were in 1985, when adjusted for inflation. [...] Bottom line: Most Americans have got zilch out of this recovery. In fact, they’re worse off now than they were in 2000. Meanwhile, the top 0.1 percent is doing fabulously well. More and more people are concluding the game is rigged -- which it is. No one should be surprised at the surge in populist anger on the left and the right.
USA  job  creation  recovery  industrial  policy  wage  growth  wage  stagnation  UK  western  society  western  world  secular  stagnation  squeezed  middle  class  Sozialer  Abstieg  income  growth  economic  growth  disposable  income  income  distribution  income  mobility  income  inequality  income  redistribution  social  mobility  Gini  coefficient  Super  Rich  1%  discretionary  spending  zombie  consumer  credit  card  debt  credit  card  car  loan  2015  GFC  reflate  reflation  globalization  globalisation  flat  world  borderless  competitive  competitiveness  competition  low  pay  low  income  labour  market  labour  economics  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  precarious  work  Precariat  working  poor  Joseph  Stiglitz  Robert  Reich  poverty  child  poverty  food  poverty  poverty  trap  generationy  babyboomers  participation  rate  manual  labour  Millennials  retirement  mainstreet  Wall  Street  profit  maximisation  shareholder  value  tax  evasion  tax  avoidance  capital  gains  tax  corporate  tax  rate  dogma  ideology  neoliberalism  neoliberal  republicans  democrats  public  awareness  public  perception  American  Dream  post-racial  America  economic  justice  fairness  bank  bailout  TBTF  too  big  to  jail  too  big  to  bail  Generationengerechtigkeit  budget  deficit  austerity  populism  corporate  corporate  r 
october 2015 by asterisk2a
Tax credit cuts - will the House of Lords stop them? - YouTube
what constitutional crisis? democracy. separation of power. checks and balances. getting the voice of the minority heard who have no voice, nobody, no lobby in Westminster to speak and represent them. // 1:44:00 David Cameron and Osborne lied to win a small majority in the general election, withholding the details of further (12bn) welfare cuts in the next parliament if they were (re-)elected. The British public is fed up. Same with LibDems budging on Student Fees post-election and students went on the street in London and elsewhere. & 1:58-59:00 because of that fact, what the gov is asking us to do to waive this through, is unacceptable. & 2:00:00 no taxation without representation & 2:34:00 Poor have to make even more hard choices that Toff can't even imagine to make. & If you don't create middle-class jobs (job creation/industrial policy), you have to top up pay with tax credit for low income. Period. & 2:47:00 proposed amendments were just soft paced cut style. no principles!
tax  credit  child  tax  credit  working  tax  credit  House  of  Lords  UK  austerity  UK  Parliament  Tories  Labour  Party  Conservative  Party  nasty  Toff  Privileged  Establishment  George  Osborne  David  Cameron  precarious  work  Precariat  working  poor  income  distribution  income  redistribution  Gini  coefficient  inequality  income  inequality  health  inequality  gender  inequality  single  parent  social  mobility  income  mobility  neoliberalism  neoliberal  fairness  GFC  bank  bailout  corporate  welfare  social  safety  net  welfare  state  Generationengerechtigkeit  recovery  budget  deficit  tax  avoidance  tax  evasion  corporate  tax  rate  subsidies  subsidizing  election  campaign  promises  general  election  2015  budget2015  minority  low  income  low  pay  minimum  wage  Sozialer  Abstieg  squeezed  middle  class  poverty  child  poverty  food  poverty  poverty  trap  Career  Politicians  No  Representation  lobbyist  lobby  Lobbying  crony  capitalism  capitalism  democracy  social  contract  Millennials  generationy  part-time  Zero  Hour  Contractor  job  creation  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  market  manual  PR  spin  doctor  messaging  vulnerable  Disabled  Support  Universal  Basic  hartz-iv  Agenda  2010  ALG2  liberal  economic  reform 
october 2015 by asterisk2a
Deutschland: Fast 118.000 Selbstständige sind auf Hartz IV angewiesen - SPIEGEL ONLINE
Immer mehr Unternehmer beantragen staatliche Unterstützung. Laut einem Bericht bekamen im vergangenen Jahr fast 118.000 Selbstständige Hartz IV. Besonders schlecht verdienen demnach Leute die als Ein-Personen-Unternehmen arbeiten. [...] Zugleich hat sich die Zahl der Selbstständigen ohne Beschäftigte dem Bericht zufolge seit dem Jahr 2000 von 1,84 auf 2,34 Millionen erhöht. Damit gebe es inzwischen deutlich mehr Solo-Selbstständige als Selbstständige mit Beschäftigten. Deren Zahl habe im vergangenen Jahr bei 1,85 Millionen gelegen. [ << underlying truth of the labour market Germany - precarious. No way to save something for retirement. ]
low  pay  Niedriglohnsektor  lohndumping  Niedriglohn  self-employment  ALG2  Aufstocker  hartz-iv  labour  market  job  market  job  creation  job  security  Sozialer  Abstieg  squeezed  middle  class  working  poor  precarious  work  Precariat  Germany  Selbstständigkeit  neoliberalism  neoliberal  social  safety  net  welfare  state  Agenda  2010  Altersarmut  poverty  in  old  age  poverty  recovery  GFC  corporate  welfare  tax  evasion  tax  avoidance  fairness  subsidies  subsidizing 
october 2015 by asterisk2a
These 5 Facts Explain the Worrying Rise of Europe’s Far-Right | TIME
Economic instability, populist politicians and a refugee wave is changing the face of politics in Europe Another round of elections, another push from increasingly vocal nationalists. Austria’s far-right Freedom Party gave the Social Democrats a run for their money in local elections over the past weekend, but fell short of capturing Vienna’s mayoralty. What started as an oddity in European politics has quickly become a disturbing pattern. These five facts explain the rise of the radical right in Europe, its causes and its implications for the region.
Rechtsruck  Unrechtsstaat  Lügenpresse  refugee  crisis  GFC  austerity  bank  bailout  sovereign  debt  crisis  Grexit  Brexit  Brussels  European  Union  AfD  NPD  UKIP  fairness  Generationengerechtigkeit  Sozialer  Abstieg  squeezed  middle  class  hartz-iv  precarious  work  Precariat  working  poor  job  creation  Career  Politicians  No  Representation  democracy  corporate  welfare  Schuldenbremse  Fiscal  Pact  Wall  Street  crony  capitalism  tax  evasion  tax  avoidance  profit  maximisation  shareholder  value  Niedriglohnsektor  Niedriglohn  Service  Sector  Jobs  Leiharbeit  Zeitarbeit  Minijob  ALG2  liberal  economic  reform  trickle-down  economics  economic  history  neoliberalism  neoliberal  neoconservatism  neoconservatives  Surveillance-Industrial  Complex  military–industrial  inequality  Gini  coefficient  social  mobility  income  mobility  job  security  uncertainty  globalization  globalisation  symptom  political  theory  lobbyist  lobby  Lobbying  revolving  door  social  contract  reflate  reflation  constituency  credit  bubble 
october 2015 by asterisk2a
Angela Merkel: Abschottung ist keine Option mehr - SPIEGEL ONLINE
bit.ly/1QvB63Z &! bit.ly/1Ne9n73 - Kanzlerin Merkel vor dem Bundestag erklärt zum Zusammenhalt in der EU gemahnt. Man stehe vor "historischen" Prüfungen. //&! Stärken die Flüchtlinge den Standort Deutschland oder kommen hohe Kosten auf die Sozialkassen zu? Der Ökonom Raffelhüschen warnt vor massiven Steuererhöhungen und steigender Altersarmut. - bit.ly/1KaYeiO - Schon heute gebe es in Deutschland Hunderttausende unqualifizierte Arbeitslose. "Es kommen jetzt bis zu 1,5 Millionen Menschen dazu, von denen etwa 70 Prozent ebenfalls unqualifiziert sind", sagte Raffelhüschen der Nachrichtenagentur dpa. &! bit.ly/1NDSvcn - Geringqualifizierten droht in Deutschland heute häufiger ein Leben in Armut als noch vor zehn Jahren. Mehr als 30 Prozent derjenigen ohne Berufsausbildung und mit höchstens einem Realschulabschluss sind demnach armutsgefährdet. &! Integrationsdebatte: Lammert fordert von Flüchtlingen Anpassung an "Leitkultur" - bit.ly/1MEOmEq
refugee  crisis  GroKo  Germany  Angela  Merkel  Soziale  Marktwirtschaft  austerity  Wolfgang  Schäuble  underemployed  skills  gap  education  policy  integration  Sozialpolitik  immigration  migration  fiscal  policy  underinvestment  productive  investment  infrastructure  investment  Schuldenbremse  Pact  European  Union  economic  history  recovery  globalisation  globalization  flat  world  competitive  competitiveness  lohndumping  Sozialer  Abstieg  precarious  work  Precariat  working  poor  minimum  wage  mindestlohn  Minijob  hartz-iv  refugee  Asylbewerber  Asylum  Altersarmut  poverty  child  poverty  poverty  in  old  age  poverty  trap  Gini  coefficient  tax  evasion  tax  avoidance  Wall  Street  Greed  crony  capitalism  fairness  Generationengerechtigkeit  capitalism  exploitation  Workers  Union  Trade  Union  subsidies  subsidizing  welfare  state  social  safety  net  social  mobility  income  mobility  Realschulabschluss  vocational  education  professional  education  Qualification  Software  Is  Eating  The  Robotics  automation  Service  Sector  Jobs  job  security  labour  market  job  market  Niedriglohn  Niedriglohnsektor  secular  stagnation  Niall  Ferguson  trickle-down  economics  neoliberalism  neoliberal  Makers  lobb 
october 2015 by asterisk2a
Zero hour contracts | Economics Help
41% of people on a zero hour contract job – wish to gain a replacement job, additional job or more hours in current job. This compares to just 12% of people not on a zero hour contract. Supporters argue zero hour contracts have helped to increase labour market flexibility, reduce unemployment and reduce costs for firms. For some workers, the job flexibility is advantageous. However, the rise of zero hour contracts have increased the phenomena of under-employment – where people have a job, but less hours and income than they would like. Critics argue that zero hour contracts lead to lower income, greater job and financial insecurity and reduced quality of life. // via https://redd.it/3kw63i // from comments - These contracts could only have come into being because employers today have the upper hand. The situation is victorian and strips the worker of all dignity. // // Here is not investment happening in the workforce to close skills gap. It's take take take.
Zero  Hour  Contract  Contractor  working  poor  job  security  precarious  work  Precariat  Service  Sector  Jobs  job  creation  recovery  UK  2015  neoliberalism  neoliberal  Workers  Union  Niedriglohnsektor  Niedriglohn  minimum  wage  profit  maximisation  shareholder  value  Wall  Street  manual  labour  labour  market  labour  economics  job  market  tax  credit  child  tax  credit  working  tax  credit  underemployed  Sozialer  Abstieg  squeezed  middle  class  youth  unemployment  exploitation  microeconomic  policy  microeconomics  Career  Politicians  lobbyist  lobby  Lobbying  No  Representation  society  Gini  coefficient  poverty  trap  child  poverty  food  poverty  chronic  stress  social  mobility  income  mobility  downward  mobility  professional  education  vocational  education  capital  skills  skill-biased  technological  change  skills  gap  human  capital 
september 2015 by asterisk2a
Why we Polish are downing tools to get the recognition we deserve | John Zylinski | Comment is free | The Guardian
[ Tories and Co pit them, us all, against each other ]
immigrants  immigration  scape  goat  smoke  mirror  David  Cameron  UKIP  Nigel  Farage  George  Osborne  DWP  Iain  Duncan  Smith  austerity  UK  Service  Sector  Jobs  job  market  job  creation  Sozialer  Abstieg  squeezed  middle  class  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  lohndumping  labour  market  Workers  Union  Zeitarbeit  Leiharbeit  economic  history  industrial  policy  STEM  Manufacturing  manufactured  consent  propaganda  populism  Career  Politicians  No  Representation  short-term  thinking  short-term  view  national  interest  Xenophobia  racism  Tories  Conservative  Party  policy  folly  policy  error  Makers  social  contract  social  cohesion  social  tension  welfare  state  neoliberalism  neoliberal  babyboomers  Generationengerechtigkeit  skills  gap  skill-biased  technological  change  globalisation  globalization  borderless  flat  world  competitive  competitiveness  competition  London  economies  of  agglomeration  Westminster  SNP  Scotland  Wales  Northern  Ireland  progressive  coldprogression  kalte  Progression  financial  repression  bank  bailout  bailout  zombie  banks  GFC  recovery  political  theory  precarious  work  social  policy  Party  workin 
august 2015 by asterisk2a
UK economic growth figures to ignite interest rate debate | Business | The Guardian
Recent business surveys have suggested household spending remains the main engine of growth despite the government’s long-standing vow to rebalance the economy towards more manufacturing and exports. [...] “Services output should do most of the legwork,” said Hare. “The GDP print is likely to point to a two speed economy, with services buoyed by solid domestic demand, while manufacturers suffer from the strong pound.” [...] Economists are divided over the extent to which households can continue to power the recovery, especially with another round of government cuts on the way. [...] “Consumers in the UK are feeling ever more confident. Wage inflation is starting to outstrip price inflation for the first time in years, while mortgage rates are at historically low levels and unemployment has generally been falling,” said Nielsen’s UK & Ireland managing director, Steve Smith.
recovery  UK  Taper  2015  economy  zombie  consumer  consumer  confidence  consumer  debt  household  debt  credit  card  debtoverhang  private  debt  budget2015  austerity  consumption  job  creation  job  market  Niedriglohnsektor  Niedriglohn  Service  Sector  Jobs  fiscal  policy  macroprudential  policy  microeconomic  policy  macroeconomic  policy  monetary  policy 
july 2015 by asterisk2a
Yellen: There's Still Slack in Labor Markets - YouTube
>> signs that a debt fuelled recovery doesn't fix the long standing (since 90's 2000's post dot.com) underlying fundamentals of an economy. // low wage low productivity jobs especially part-time and minimum wage - doe not have an economic multiplier as a whole, they cost the economy or are at least net-net 0. // it is the same in UK. and signs show in Germany as well. // &! subprime was one of many predatory lending practices to financial illiterate ppl and exploitation of the underbanked/unbanked, and banks also choose to charge minorities higher interest rates - youtu.be/CbW9mH7p_8E + and add also practices of Payday Loans. Those things are a symptoms of the system at large. Resulting in the Poverty Trap.
USA  labour  economics  labour  market  participation  rate  skills  gap  underemployed  part-time  2015  education  policy  vocational  education  social  mobility  downward  mobility  self-employment  Gini  coefficient  squeezed  middle  class  long-term  unemployment  unemployment  youth  unemployment  employabilitie  employability  structural  unemployment  structural  imbalance  Impediments  secular  stagnation  output  gap  productivity  recovery  GFC  competitiveness  competitive  globalisation  globalization  borderless  flat  world  fiscal  policy  monetary  policy  debt  monetisation  debt  monetization  economic  history  infrastructure  investment  Makers  Career  Politicians  No  Representation  Sozialer  Abstieg  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  precarious  work  Precariat  working  poor  economic  growth  trickle-down  economics  economic  damage  economic  model  shared  economic  interest  long-term  view  long-term  thinking  short-term  thinking  short-term  view  Opportunism  opportunist  policy  folly  policy  error  microeconomic  policy  job  creation  job  market  job  security  Minijob  Aufstocker  minimum  wage  living  wage  disposable  income  savings  rate  discretionary  spending  well  being  dot.com  UK  Lohnzurückhaltung  lohndumping  mindestlohn  wage  growth  wage  stagnation  inequality  income  inequality  income  mobility  capi 
july 2015 by asterisk2a
The Coming Crash & The Recession That Never Ended - Part 1 - YouTube
Part 2 youtu.be/SpJ4L2QGNI4 [ min 2:00 post WW2 german debt jubilee - American & Britain needed Germany as bulwark against USSR! thus Germany had leverage because it was systemic. Greece is not systemic, nor needed. Thus they openly talk, relaxed, abt Grexit. Grexit was systemic risk in the first ~3 years post GFC, because of underfunded German, Frensh and Belgian zombie banks. 6:00 PIGS generation will be disillusioned about claims of European Union unity! 7:30 austerity ] // &! Part 3 - youtu.be/FWulzJy2oXc Bernie Sanders on inequality &! social mobility, skills gap, ... make-up of USA economy is a impediment to future growth (output gap, no more 3% annually) & also part-cause of inequality ... &! Part 4 youtu.be/8wzDwU1pzpY - China may tumble bc they dont have the internal & global demand for the infrasturcture/economy they have build (debtoverhang, debt servitude) &or social uprising &! USA overreach // Forget QE, Wall Street’s new drug is the stock buyback - on.mktw.net/1HDtdUR
Richard  Wolff  Taper  equity  bubble  China  irrational  exuberance  ZIRP  NIRP  QE  unintended  consequences  unknown  unkown  asset  bubble  hunt  for  yield  stock  buyback  fundamentals  economic  growth  recovery  UK  USA  balance  sheet  recession  Europe  Richard  Koo  job  creation  Service  Sector  Jobs  labour  market  participation  rate  underemployed  structural  unemployment  structural  imbalance  Impediments  unemployment  youth  unemployment  long-term  unemployment  Gini  coefficient  income  growth  disposable  income  low  income  income  distribution  income  inequality  wage  growth  wage  stagnation  employment  self-employment  squeezed  middle  class  precarious  work  working  poor  social  mobility  income  mobility  Robert  Shiller  robertshiller  part-time  Contractor  Zero  Hour  Contract  uncertainty  Niedriglohnsektor  minimum  wage  Niedriglohn  Lohnzurückhaltung  lohndumping  Zeitarbeit  Leiharbeit  monetary  policy  fiscal  policy  deleveraging  debtoverhang  savings  rate  debt  servitude  Super  Cycle  behavioral  economics  behavioral  finance  skills  gap  education  policy  vocational  education  economic  history  economic  model  trickle-down  economics  discretionary  spending  dogma  ideology  austerity  neoliberal  neoliberalism  democracy  Career  Politicians  No  Representation  debt  monetisation  debt  stagnation  inequality  history  debt  debt  debt  m 
july 2015 by asterisk2a
Homejoy Is Shutting Down At The End Of The Month | TechCrunch
tcrn.ch/1CO0OOU / 7:10 $VC subsidized early business. Could not get 2 cash flow even. Lets not speak of cash flow positive. // If u dont have a cash flow even/positive business, u are dependent on $VC 2 keeping it afloat. If u dont have massive growth, VCs like 2 see & not hitting ur milestones & ur still not able 2 turn the business arnd towards cash flow even. Ur dead in the pan. AND 4 digital only consumer & entertainment products, scale is important +10m users. Because then only advertisers might ... might consider placing an add/natively if the conversion & engagement metrics are attractive. Advertisers & brands cant spread resources thin across 1000 apps. Its overhead & waste in ops. That is why BIG like TV (still), Daily Paper/Magazine (still) and FB (owning +70% of Social) are the MAIN HUBS. >> THUS [Freemium] the Free On Phone Version 4 closetphile (wont cost u much except dev) & the Customer paying 4 Cloud Convenience,Security, more features (ie analytics). &! bit.ly/1CSygUA
Start-Up  lesson  Start-Up  advice  on-demand  convenience  scale  economies  of  scale  Venture  Capital  burn  rate  runway  business  model  closetphile  wardrobemalfunction  freemium  Homejoy  added  value  value  creation  Perception  Silicon  Valley  Unicorn  speculative  bubbles  speculative  speculation  Appification  mobile  homescreen  mobile  first  mobile  phone  irrational  exuberance  Rocket  Internet  Uber  Lyft  customer  acquisition  customer  acquisition  cost  customer  retention  customer  lifetime  value  SAAS  Postmates  Service  Sector  Jobs  1099  Economy  uncertainty  self-employment  Niedriglohnsektor  Niedriglohn  marketplace  efficiencies  marketplace  commodity  business  commoditization  price  sensitive  price  insensitive  price  sensitivity  behavioral  economics  behavioral  finance  status  symbol  status  anxiety  socioeconomic  status  social  status  craigslist  sustainable  sustainability  metrics  KPI  Circa  Share  Economy  marketshare  unit  economics 
july 2015 by asterisk2a
Joseph Stiglitz: It’s Time to Get Radical on Inequality - YouTube
Nobel laureate Stiglitz, author of The Price of Inequality and The Great Divide, studies the forces driving inequality and what is at stake if it continues. In his view, bad economic thinking deserves part of the blame — fanciful ideas like trickle-down and the notion that economists should try to increase the size of the economic pie and let the politicians worry about distribution. On the contrary, Stiglitz sees distribution as a problem economists must confront. He warns that an economic system that doesn’t raise standards of living for most Americans is a failure. [...] monopoly rent = too big to fail/tbtf (bailout) == cost to society/economic damage == where was antitrust!? monopolies are less productive & costly eventually in the long-term. rent exploitation through lobby! [...] this is bad for everyone, rising inequality, lower inequality is an econ multiplier // &! The Great Divide with Joseph Stiglitz and Robert Reich - youtu.be/e3aJxy9tA-w &! youtu.be/U-oEjFKCp00 NEET
inequality  income  inequality  gender  inequality  Gini  coefficient  social  mobility  downward  mobility  income  mobility  working  tax  credit  child  tax  credit  tax  code  capital  gains  fairness  income  distribution  capital  gains  tax  earned  income  tax  tax  avoidance  tax  evasion  corporate  tax  rate  tax  free  income  tax  credit  welfare  state  Public  Services  Services  austerity  trickle-down  economics  economic  model  economic  history  book  Privileged  progressive  kalte  Progression  coldprogression  wealth  distribution  academia  academics  neoliberal  neoliberalism  liberal  economic  reform  precarious  work  working  poor  poverty  trap  child  poverty  well  being  education  policy  vocational  education  skills  gap  paternity  leave  maternity  leave  gender-based  discrimination  gender  equality  Women  in  Tech  STEM  added  value  value  creation  shared  economic  interest  economic  damage  microeconomic  policy  economic  growth  disposable  income  discretionary  spending  Thomas  Piketty  Joseph  Stiglitz  josephstiglitz  Gesellschaft  social  tension  social  cohesion  society  uncertainty  insecurity  Career  Politicians  savings  rate  job  creation  labour  market  labour  economics  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  living  wage  Contractor  Zero  Hour  Contract  Leiharbeit  Zeitarbeit  exploitation  Wall  Street  profit  maximisation  shareholder  value  crony  interest  interest  capitalis 
july 2015 by asterisk2a
Davos 2015: Nouriel Roubini says Income Inequality Creates U.S. Plutocracy - YouTube
- shown hurting growth. US growth is dependent on consumer spending. stupid. hacking off the only leg one has is not smart. // established economic truth ! Paul Krugman: Inequality Actually Bad for Growth - youtu.be/cRMi8_M681U &! Paul Krugman & Tony Atkinson in Conversation | Inequality and Economic Growth - youtu.be/3l6E3mUNW70 &! &! What's Really Driving Income Inequality: Orszag - youtu.be/XJ_raBX7oq8 ( only added value jobs STEM - pays for work and shows wage growth, not so in service sector jobs. UK recovery showed it; lots of service sector job creation than any other type of job + Lohnzurueckhalting (no leverage to demand higher wage than just minimum wage or little above bc outside the door waits the one who will replace you) = no wage growth in the first couple of years of recovery and no productivity growth and persistent output gap (below potential) )
plutocracy  Gini  coefficient  income  mobility  social  mobility  American  Dream  inequality  income  inequality  squeezed  middle  class  economic  growth  USA  economic  history  wage  growth  UK  recovery  secular  stagnation  job  market  job  creation  labour  market  labour  economics  STEM  productivity  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  precarious  work  Precariat  working  poor  job  security  Contractor  Zero  Hour  Contract  part-time  underemployed  skills  gap  Zeitarbeit  Leiharbeit  manual  labour  value  creation  added  value  knowledge  worker  Blue-collar  White-collar  minimum  wage  living  wage  disposable  income  discretionary  spending  industrial  policy  fiscal  policy  Higher  Education  policy  vocational  Sozialer  Abstieg  liberal  economic  reform  neoliberal  neoliberalism  trickle-down  economics  fiscal  stimulus  public  investment  competitiveness  competitive  infrastructure  investment  borderless  flat  world  globalisation  globalization  austerity  fairness  tax  evasion  tax  code  tax  avoidance  profit  maximisation  shareholder  value  Wall  Street  crony  capitalism  GFC  gender  inequality  poverty  trap  child  poverty  poverty  democracy  short-term  thinking  short-term  view  long-term  view  long-term  thinking  employability  lost  decade  lost  generation  youth  unemployment  Career  capitalism  Po 
july 2015 by asterisk2a
UK's inflation rate falls to 0% - BBC News
bit.ly/1IXuomp >> Carney: Current account deficit is a risk highlighted by FPC. UK is relying on the kindness of strangers to finance current account deficit. Household borrowing isn't driving the deficit Tighter fiscal policy is needed. Tighter macroeconomic policy is needed also. Deficit highlights importance of maintaining the attractiveness of the UK for foreign investment // &! bit.ly/1I07olT - BOE's Miles doesn't see secular stagnation in the UK [...] Carney - Health of the financial system is likely to boost productivity [really?] [...] McCafferty: Low income jobs have kept productivity low &! bit.ly/1JfaSxr - Bank is looking at the household sensitivity to rate rises [ mortgage bubble will prevent BOE to raise rates faster as demand stokes as more disposable income is spend on serving interest payments thus depressing GDP growth bc 70% of it is consumer spending ] &! bit.ly/1HtySg1
current  account  deficit  UK  Mark  Carney  austerity  fairness  sovereign  debt  crisis  ZIRP  NIRP  QE  unintended  consequences  unknown  unkown  asset  bubble  equity  bubble  property  bubble  George  Osborne  productivity  output  gap  industrial  policy  STEM  Higher  Education  added  value  fiscal  policy  Public  infrastructure  investment  recovery  economic  history  competitiveness  competitive  globalisation  globalization  flat  world  borderless  deflationary  deflation  secular  stagnation  zombie  banks  Service  Sector  Jobs  job  creation  job  market  labour  market  labour  economics  skills  gap  policy  vocational  working  poor  precarious  work  Precariat  squeezed  middle  class  Zero  Hour  Contract  Contractor  disposable  income  discretionary  spending  household  debt  Niedriglohn  Niedriglohnsektor  underemployed  self-employment  employability  part-time  mortgage  market  BOE  2015  macroprudential  policy  macroeconomic  policy  microeconomic  policy  Manufacturing  fiscal  stimulus  Taper  USA  negative  real  interest  rate  interestrate  debt  servicing  interest  payment  consumer  debt 
july 2015 by asterisk2a
BBC iPlayer - Newsnight - 08/07/2015
"Comprehensive analysis of the Budget with Evan Davis and guests." // During the election David Cameron said child tax credit/benefit was off the list of welfare spending cuts. - broken election campaign promise // --- SHOULD BE (Labour Party Policy for next election):: make work pay and eliminate child poverty AND help people (everyone) w education and support to find better and more gainful work that lift them and the economy by producing added value products. // no path to higher wages, no path to higher productivity, no path to added value British Products export increase (manufacturing, research, STEM, ...) // low wage jobs have no to very little economic multiplier ... take into account tax credits etc and it is net-negative for state and the council //
election  campaign  promises  David  Cameron  budget2015  living  wage  minimum  wage  George  Osborne  Tories  Conservative  Party  working  poor  precarious  work  Precariat  underemployed  part-time  social  mobility  income  mobility  downward  mobility  poverty  trap  added  value  Manufacturing  Public  Policy  industrial  solidarity  society  class  warfare  austerity  dogma  ideology  trickle-down  economics  economic  model  corporate  tax  rate  STEM  education  vocational  education  practical  skill  set  practical  skills  skills  gap  democracy  Future  of  productivity  output  gap  economic  growth  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  competitiveness  competitive  borderless  flat  world  working  tax  credit  tax  credit  child  tax  credit  neoliberal  neoliberalism  liberal  economic  reform  welfare  state  Public  Services  Services  childcare  employability  self-employment  long-term  unemployment  child  poverty  food  poverty  poverty  Student  Maintenance  Grant  exports  current  account  deficit  export  Higher  gender  inequality  single  mum  teenage  pregnancy  economic  multiplier  labour  economics  labour  market  job  creation  recovery  GFC  bailout  fairness  short-term  thinking  short-term  view  Career  Politicians  No  Representation  Gini  coefficient  inequality  social  cohesion  social  tension  Gesell 
july 2015 by asterisk2a
Osborne's Budget: ‘High priest of an austerity cult’ | Politics | The National
At its heart was a commitment to cut the deficit and bring the country in surplus by 2020. Osborne will achieve that partly through cuts to government spending, partly through new tax avoidance measures and substantially with hefty cuts to welfare. // &! John Swinney: The National Living Wage hides an attack on people in low-wage jobs -bit.ly/1CrSapj &! Equality: This Budget continues the project which impoverishes women - bit.ly/1D3dxrX - women make up ~70-77% of recipients of tax credit! &! tax credit essential for families on low income to top up to afford "living" [...] The Scottish Federation of Housing Associations is wholeheartedly against the removal of the automatic entitlement to Housing Benefit for 18 to 21-year-olds. This will have an adverse affect on the life chances and employment prospects of the 28,000 plus claimants in this group – over half of whom have young families of their own – as it could, for many, put their homes at risk. bit.ly/1LYCgWA &! bit.ly/1D3egtb
budget2015  austerity  poverty  trap  teenage  pregnancy  neoliberal  neoliberalism  gender  inequality  welfare  state  dogma  ideology  Conservative  Party  Tories  Toff  Privileged  Establishment  poverty  food  poverty  child  poverty  Gini  coefficient  Student  Maintenance  Grant  vocational  education  education  policy  tax  credit  working  tax  credit  child  tax  credit  living  wage  minimum  wage  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  skills  gap  downward  mobility  social  mobility  income  mobility  IMF  OECD  economic  history  propaganda  populism  manufactured  consent  corporate  state  solidarity  fairness  bailout  current  account  deficit  productivity  output  gap  industrial  policy  Higher  STEM  Manufacturing  added  value  working  poor  precarious  work  Precariat  Contractor  Zero  Hour  Contract  self-employment  labour  market  labour  economics  fiscal  policy  short-term  thinking  short-term  view  Career  Politicians  No  Representation  David  Cameron  George  Osborne 
july 2015 by asterisk2a
Budget 2015: The return of Tina - BBC News
Tina, it would appear, is back. Forgotten Tina? The acronym for There Is No Alternative? Regularly cited by Margaret Thatcher? Thatcher? Oh, come on, it hasn't been that long since the Tories were in sole command of the UK. [ // history rhymes; Angela Merkel and her "Alternativlos." = There is No Alternative. ] George Osborne set out quite deliberately in a range of ways to suggest that there is no effective or realistic alternative to his approach. [...] It is aimed over their heads at the voters. Mr Osborne is seeking to suggest that there is a remorseless logic to his package, that only the ingrate or innumerate would oppose it.
Alternativlos  Angela  Merkel  dogma  ideology  history  Margaret  Thatcher  Career  Politicians  austerity  No  Representation  economic  history  bailout  liberal  economic  reform  neoliberal  neoliberalism  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  tax  evasion  tax  avoidance  GFC  Wall  Street  lobbyist  lobby  Lobbying  toobigtofail  TBTF  too  big  to  jail  crony  capitalism  welfare  state  Public  Services  Social  Services  added  value  job  creation  industrial  policy  education  policy  Gini  coefficient  mobility  income  mobility  downward  mobility  vocational  education  skills  gap  Future  of  Work  Software  Is  Eating  The  World  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  Aufstocker  globalisation  globalization  differentiate  differentiation  commodity  business  commoditization  borderless  flat  competitiveness  competitive  media  conglomerate  conglomerate  Lügenpresse  manufactured  consent  propaganda  populism  PR  relations  Conservative  Party  Tories  Toff  Establishment  Privileged  spin  doctor  Leadership  IMF  World  Bank  IBS  zombie  banks  George  Osborne  David  Cameron  GroKo  Germany  UK  policy 
july 2015 by asterisk2a
Helpling: Putzportal-Chef Franke über Preise und Festanstellungen - SPIEGEL ONLINE
Putzjob: Zwischen 8 und 9,50 Euro Stundenlohn verdienen "Helplinge" - minus Kosten für Rentenversicherung, Anfahrt, Arbeitskleidung --- Die Plattform Helpling vermittelt günstige Putzkräfte. Forciert sie nur die Ausbeutung von Tagelöhnern? Hier spricht Mitgründer Benedikt Franke über karge Stundenlöhne. [...] KarriereSPIEGEL: On-Demand-Plattformen verbrennen derzeit vor allem Geld. Ihr US-Konkurrent Homejoy soll pro Auftrag zwölf Dollar Verlust einfahren. Wird Helpling jemals profitabel arbeiten können? Franke: Unser Geschäft hängt ganz davon ab, ob es uns gelingt, langfristige Kundenbeziehung aufzubauen. Darauf konzentrieren wir uns derzeit, versuchen aus ganzer Kraft, das Kundenerlebnis zu optimieren. Operativ arbeiten wir bereits profitabel. [ LTV - user lifetime value got to be < than user acquisition cost = sustainable (if operation can be paid for and some little profit even) - en.wikipedia.org/wiki/Customer_lifetime_value ] - bit.ly/1NP6Ore "digitaler feudalismus"
Rocket  Internet  Helpling  on-demand  convenience  Share  Economy  self-employment  precarious  work  Precariat  working  poor  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  1099  Economy  marketplace  efficiencies  marketplace  Uber  Contractor  Zero  Hour  Contract  labour  market  labour  economics  underemployed  employability  employabilitie  uncertainty  Sozialer  Abstieg  Aufstocker  minimum  wage  living  wage  commodity  business  commoditization  Universal  Basic  Income  working  tax  credit  child  tax  credit  tax  code  tax  free  Homejoy  Venture  Capital  user  acquisition  LTV  business  model  status  symbol  status  anxiety  socioeconomic  status  social  status  squeezed  middle  class  Soziale  Marktwirtschaft  class  warfare  job  creation  job  market  Minijob  Zeitarbeit  Leiharbeit  vocational  education  education  policy  added  value  value  creation 
july 2015 by asterisk2a
The Tory budget plan to cut tax credits – is it naive or just plain cynical? | Politics | The Guardian
[// If the Toff thinks firms will pay living wage & will not try to skirt around, he is intellectually a fraud & a cynic. //] [...] [P]roclaiming his renewed determination 2 take 12bn more out of the 220bn benefits bill, Osborne is being dishonest in an Alex Salmond sort of way. He & Dave have again ringfenced the £95bn pensioners share of the bill (state pensions plus perks like free TV licences), which is by far the largest component. Why? Pensioners bother to vote. They also retain the quaint old habit of buying newspapers. The Tory newspapers support pensioner perks. [ No Leadership, opportunistic, ... ] &! bit.ly/1KIQ4Tg Greek turmoil offers Osborne justification for his dictum of austerity [...] UK Manufacturing just 10% of Economy, oil capital shrinking, &! We are all in this together ... he pits each against each other for his agenda, ideology, dogma of the small state &free market while bailing out crony capitalism &zombie banks &treating them all same as if nothing happened
working  tax  credit  child  tax  credit  austerity  UK  David  Cameron  George  Osborne  budget2015  living  wage  minimum  wage  Tories  Conservative  Party  Privileged  liberal  economic  reform  welfare  state  Social  Services  Public  Services  free  market  Contractor  Zero  Hour  Contract  working  poor  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  job  market  job  security  underemployed  self-employment  political  economy  political  theory  democracy  Career  Politicians  No  Representation  Leadership  ideology  dogma  economic  history  propaganda  manufactured  consent  Lügenpresse  Toff  Establishment  mobility  downward  mobility  Gini  coefficient  inequality  income  inequality  tax  code  tax  free  income  child  poverty  chronic  stress  food  poverty  poverty  equality  solidarity  bailout  PR  relations  spin  doctor  fairness  TBTF  toobigtofail  too  big  to  jail  labour  market  labour  economics  job  creation  value  creation  added  value  recovery  GFC  society  Gesellschaft  Zivilgesellschaft  civil  society  courage  zombie  banks  crony  capitalism  capitalism  Wall  Street  small  state  London  income  growth  economic  growth  Lohnzurückhaltung  wage  growth 
july 2015 by asterisk2a
Firms must be forced to raise low pay, says key ally of David Cameron | Society | The Guardian
Ex-Downing Street aide Rohan Silva puts forward radical plan to make the living wage a requirement. George Osborne will come under new pressure to tackle the scourge of low pay, as a former senior adviser to David Cameron calls for all employers to be forced to pay the living wage as a way to combat poverty and boost the economy. [...] [London] is thriving but is threatened by two problems that afflict the economy: a chronic shortage of housing, and poverty. “There is one simple thing we can do: make the living wage a requirement for London jobs, as well as across the UK,” he writes. “At a stroke, this would boost salaries, support families and improve the quality of life for millions of people.” [...] [ If you think companies will voluntary pay living wage, you are a fool. Tax evaders/avoidance. Rootless crony global corporate conglomerates have no such shared economic interest. ]
living  wage  minimum  wage  working  poor  precarious  work  Precariat  Contractor  Zero  Hour  Contract  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  tax  credit  working  tax  credit  child  tax  credit  crony  capitalism  capitalism  profit  maximisation  shareholder  value  shared  economic  interest  George  Osborne  budget2015  austerity  welfare  state  affordable  housing  social  housing  UK  economic  history  liberal  economic  reform  ideology  dogma  Conservative  Party  trickle-down  economics 
july 2015 by asterisk2a
WikiLeaks - Espionnage Élysée - Angela Merkel on Greece and Europe (actions speak louder than words).
Earlier reporting reveals that following talks last week in Berlin with Merkel, Hollande complained that nothing of substance was achieved; it was purely for show. Hollande had found the chancellor fixated on the Fiscal Pact and above all on Greece, on which he claimed she had given up and was unwilling to budge. // Angela (Germany) put(s) national and personal political interests first second third and last .... // symptoms of our time, even politicians jump on "everybody for himself" //
Angela  Merkel  Grexit  Greece  Leadership  PIGS  sovereign  debt  crisis  European  Union  Wolfgang  Schäuble  GroKo  Germany  shared  economic  interest  Career  Politicians  No  Representation  Wall  Street  haircut  Nationalism  political  theory  political  economy  policy  folly  policy  error  short-term  thinking  short-term  view  Legacy  political  error  political  folly  Jean-Claude  Juncker  ECB  MarioDraghi  GFC  bailout  fairness  solidarity  propaganda  populism  Lügenpresse  manufactured  consent  IMF  EFSF  toobigtofail  TBTF  too  big  to  jail  zombie  banks  banking  recovery  economic  history  Sozialer  Abstieg  downward  mobility  Gini  coefficient  inequality  tax  evasion  tax  avoidance  squeezed  middle  class  labour  market  labour  economics  precarious  work  Precariat  liberal  economic  reform  unintended  consequences  unknown  unkown  working  poor  Leiharbeit  Zeitarbeit  Minijob  minimum  wage  living  wage  Aufstocker  hartz-iv  Riester-Rente  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  Service  Sector  Jobs  globalisation  globalization  competitiveness  competitive  flat  world  borderless  job  market  job  creation  underemployed  youth  unemployment  lost  decade  lost  generation  monetar 
july 2015 by asterisk2a
Could We Make Even the Worst Jobs, Great Jobs? - YouTube
If you treat your workforce as a profit center, as opposed to a cost center, perhaps your company's bottom line will soar. Why? Because employees, treated really well, perform really well. Management professor Zeynep Ton examines how organizations can design and manage their operations in a way that satisfies employees, customers, and investors simultaneously. (Hint: Paying higher than the minimum wage is a great start toward better performance).
HR  human  resources  operations  Start-Up  advice  Start-Up  lesson  book  management  Niedriglohn  Service  Sector  Jobs  Niedriglohnsektor  customer  Retail  brick  and  mortar  business  innovation  workforce  productivity  performance  living  wage  minimum  wage  Zeitarbeit  Leiharbeit  Werkvertrag  precarious  work  Precariat  working  poor  underemployed  part-time  uncertainty  chronic  stress  incentive  Universal  Basic  Income  happiness  index  complexity 
june 2015 by asterisk2a
Can we ever really expect to see the growth of the past again? - Telegraph
>> what kind of jobs have been created since 2009? no high productivity/output jobs with marginal costs for each additional unit produced. those just fill in some gap. but do not add to above par economic output (blue ocean) // dot.com recovery was debt fuelled. GFC recovery was debt fuelled. // monetary policy might have saved the world momentarily, but fiscal policy did not put logs and pillars under the world, their respective economies - being prudent - looking long-term raising competitiveness with skilled workforce. things are now as a whole, as wobbily as they were 2009/10. Period.
secular  stagnation  Taper  output  gap  productivity  western  world  UK  USA  deflationary  Europe  structural  imbalance  Impediments  underemployed  labour  market  labour  economics  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  job  creation  job  market  economic  history  recovery  GFC  dot.com  policy  folly  policy  error  education  policy  vocational  education  Future  of  Work  Mobile  Creatives  Mobile  Creative  competitiveness  competitive  globalisation  globalization  flat  world  borderless  economics  of  abundance  marginal  cost  economic  damage  microeconomic  policy  long-term  view  long-term  thinking  employability  structural  unemployment  asset  bubble  ZIRP  NIRP  QE  workforce  austerity  IMF  OECD  economic  growth  lost  decade  lost  generation  disposable  income  discretionary  spending  squeezed  middle  class  precarious  Precariat  Zeitarbeit  Leiharbeit  Minijob  working  poor  Gini  coefficient  income  mobility  downward  mobility  social  mobility  Super  Rich  1%  Sozialer  Abstieg  Existenzangst  demographic  bubble  sovereign  debt  crisis  debtoverhang  balance  sheet  recession  savings  glut  deleveraging  Career  Politicians 
june 2015 by asterisk2a
The world is defenceless against the next financial crisis, warns BIS - Telegraph
Monetary policymakers have run out of room to fight the next crisis with interest rates unable to go lower, the BIS warns. [...] These low interest rates have in turn fuelled economic booms, encouraging excessive risk taking. Booms have then turned to busts, which policymakers have responded to with even lower rates. [greenspan put][dot.com and GFC were in part fuelled by inadequate rate setting and oversight] [...] [BIS also rejecting the notion of secular stagnation]. // &! BIS 'low rates hold back global growth' - http://www.ft.com/cms/s/12ded5aa-1be6-11e5-a130-2e7db721f996 // &! Rising interest rates pose new risk for banks: BIS - reut.rs/1Jgyft9 [...] but a "normalization" of borrowing costs would reverse the debt-fueled inflation of asset prices and hit banks' own loss-absorbing equity capital, the BIS said. "Just as falling yields have supported asset valuation gains in recent years, an eventual normalization would generate losses ... Banks' equity capital would shrink."
BIS  monetary  policy  unconventional  monetary  policy  Financial  Crisis  business  cycle  economic  cycle  economic  history  centralbanks  Fed  Taper  ECB  ZIRP  NIRP  QE  unintended  consequences  unknown  unkown  BOE  monetary  system  monetary  stimulus  monetary  transmission  mechanism  zombie  banks  EuropeanSystemicRiskBoard  bailout  equity  bubble  bond  bubble  fractional  reserve  banking  dot.com  GFC  recovery  Greenspan-Put  alangreenspan  Great  Moderation  Ben  Bernanke  Fed  mandate  Bank  Oversight  deflationary  debtoverhang  balance  sheet  recession  zombie  consumer  structural  imbalance  Impediments  output  gap  productivity  USA  UK  Europe  western  world  secular  stagnation  asset  allocation  distortion  capital  allocation  asset  bubble  job  creation  labour  market  labour  economics  Niedriglohnsektor  Niedriglohn  Service  Sector  Jobs  lost  generation  lost  decade  policy  folly  policy  error  demographic  bubble  sovereign  debt  debt  bubble  consumer  debt  debt  monetisation  debt  monetization  economic  growth  economic  damage  structural  unemployment  underemployed  supply  side  economics  microeconomic  policy  vocational  education  education  policy  Future  of  Work  Mobile  Creatives  Mobile  Creative  marginal  cost  economics  of  abundance  Silicon  Valley  industrial  policy  ideology  austerity  Fiscal  Pact  Schuldenbremse 
june 2015 by asterisk2a
The Surveillance Economy and Extreme Income Inequality: You Can't Have One Without the Other - YouTube
Uber and Airbnb is equal to informal economy (uncertainty) = staying power only for owner of marketplace (wealth accumulation & ultimate bargain power as owner of (monopoly/oligopoly form of marketplace). Silicon Valley made the informal economy cool again bc its on your smartpone (homescreen). Uber & Co are becoming, as owners of said marketplace, the new super elite (with no shared economic interest & no stakeholder in local economy). Disenfranchised & Price war. // The perfect, crazy, too good to be true, idea - will crash eventually (accumulating wealth with little to no input [see stakeholder theory/shared economic interest/long-term views and interest!]). // Start-up Lesson/Advice: "cost of choice" & paying computation with advertising = corruption (Google, Facebook &Co) paying (Wall Street, short-termism [Fast Food]) for micro-management of your life, of your choice. = U loosing free will. // youtu.be/kZO8mgarU0k youtu.be/XdEuII9cv-U youtu.be/cCvf2DZzKX0 youtu.be/5puB_7Q2n74
abuse  of  power  income  inequality  inequality  surveillance  state  Orwellian  democracy  Net  Neutrality  censorship  self-censorship  Gini  coefficient  Career  Politicians  USA  Five  Eyes  World  Police  World  Ian  Bremmer  book  Jaron  Lanier  21stcentury  Privacy  Internet  Privacy  Vorratsdatenspeicherung  Cryptopocalypse  history  Open  Source  transparency  accountability  lobbyist  lobby  Lobbying  stakeholder  Wall  Street  crony  capitalism  tax  evasion  tax  avoidance  profit  maximisation  bribery  corruption  shareholder  value  occupywallstreet  Indignados  Indignants  short-term  thinking  short-term  view  Share  Economy  1099  Economy  marketplace  marketplace  efficiencies  commodity  business  commoditization  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  Universal  Basic  Silicon  Valley  tax  free  income  capital  gains  informal  Super  Rich  1%  Uber  AirBnB  self-employment  contractor  Zero  Hour  Contract  Big  Data  analytics  Software  Is  Eating  The  World  augmented  intelligence  Failure  bailout  GFC  Google  oligopoly  oligopol  monopoly  business  model  Start-Up  lesson  Start-Up  advice  cost  of  choice  advertising  economics  of  abundance  marginal  cost  business  plan  long-term  view  long-term  thinking  Zeitarbeit  The  Leih 
june 2015 by asterisk2a
Who Will Be Hurt Most When The Tech Bubble Bursts? Not VCs | TechCrunch
In a nutshell, FOMO is driving many investors in a hustle to be a part of the next Facebook or Twitter and put in huge investments for a fraction of stake. And, they don’t see much risk in it as long as they get the downside protection. [ growth round = rocket fuel splashed onto stuff to acquire more customers and market share (basically, but not always) ] [...] Someday, pretty soon, these will be put to the test, and valuations based on visibility of earnings will matter again. A few will succeed of course, but several others will fall – it remains to be seen how miserably. VCs will most likely walk away with their invested money, if not more. It’s the employees and founders who will see their million-dollar dreams crash and burn. [living beyond ur means & betting dollars you dont have on a time that seems further away than u can even guess (secular stagnation)] [lack of income growth (across the western world) thus disposable income (discretionary spending) is also not helping]
Silicon  Valley  burn  rate  operations  Bill  Gurley  Unicorn  runway  FOMO  Venture  Capital  growth  round  termsheet  liquidation  preferences  Private  Market  Private  Equity  SPV  bubble  distortion  QE  ZIRP  NIRP  disinflation  secular  stagnation  deflationary  deflation  western  world  business  model  revenue  revenues  fiscal  policy  income  growth  USA  OECD  sovereign  debt  crisis  austerity  disposable  income  policy  error  Taper  policy  folly  monetary  policy  productive  investment  underinvestment  infrastructure  investment  1%  Super  Rich  on-demand  convenience  Share  Economy  labour  labour  economics  discretionary  spending  Schuldenbremse  PIGS  Brexit  Grexit  currency  war  macroeconomics  Pact  Europe  productivity  Lohnzurückhaltung  job  creation  globalisation  globalization  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  flat  world  borderless  competitive  Future  of  Work  Industrial  Revolution  2.0  economic  history  speculative  bubbles  speculative  speculation  demographic  bubble  Super  Cycle  consumer  debt  zombie  consumer  zombie  banks 
may 2015 by asterisk2a
Where next? - YouTube
2:50 >> no income growth (average hourly earnings), despite being now for 1-2 quarters at employment rate pre-recession. Q is! is the flat income growth (average hourly earnings) a symptom that job creation took only place in Service Sector Jobs couples with self-employment! And very very little in comparison in manufacturing, R&D and other high value add jobs. Or is it because of Lohnzurueckhaltung? And there is still slack in the economy, while BOE doesn't think so for 2015 and expects incomes/pay increases to be noticeable in 2015.
recovery  USA  UK  income  growth  western  world  consumer  confidence  secular  stagnation  productivity  2015  economic  history  GFC  labour  market  labour  economics  self-employment  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  working  poor  precarious  work  Precariat  contractor  contract  part-time  Zero  Hour  1099  Economy  Lohnzurückhaltung  output  gap  Fed  BOE  unknown  unkown  economics  academia  academic  academics 
may 2015 by asterisk2a
Florida man undermines Uber’s claim that drivers aren’t employees | PandoDaily
tech-enabled marketplace in your pocket. (1) trading money for time and (2) finding through the marketplace efficiently someone to do it (price discovery, finding a natural equilibrium - how ever it might look). A search engine for people doing manual mennial labour. // http://www.fastcoexist.com/3040863/stop-saying-uber-is-part-of-the-sharing-economy
1099  Economy  Share  Economy  self-employment  contractor  contract  Zero  Hour  Leiharbeit  Zeitarbeit  neoliberal  neoliberalism  working  poor  precarious  work  Precariat  poverty  uncertainty  USA  UK  Europe  exploitation  marketplace  on-demand  convenience  Uber  Lyft  Hailo  Instacart  Postmates  Homejoy  Helpling  Handy  minimum  wage  living  wage  search  engine  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  Services  Industry 
may 2015 by asterisk2a
OECD: Vermögen in Deutschland sind besonders ungleich verteilt - SPIEGEL ONLINE
Wie sind die Vermögen in den Industriestaaten verteilt? Eine neue OECD-Studie zeigt: In Deutschland klaffen Besitzverhältnisse und Einkommen auseinander. // moving again to a world where winner takes almost all. duopolies/oligopolies
Germany  inequality  Gini  coefficient  social  mobility  income  mobility  Super  Rich  1%  capital  gains  income  growth  Lohnzurückhaltung  lohndumping  Niedriglohn  Niedriglohnsektor  mindestlohn  income  distribution  disposable  income  discretionary  spending  squeezed  middle  class  working  poor  Zeitarbeit  Minijob  ALG2  Aufstocker  hartz-iv  poverty  child  poverty  food  poverty  poverty  in  old  age  Altersarmut  Leiharbeit  Werkvertrag  No  Representation  Workers  Union  Career  Politicians  Wall  Street  profit  maximisation  shareholder  value  crony  capitalism  neoliberal  neoliberalism  bailout  Service  Sector  Jobs 
may 2015 by asterisk2a
Macroeconomics Causes of Inequality - YouTube
"consumption drives much of the economy" // free up disposable income >> free child care, health care, limit exploitation of financial illiterate people (% interest on pay day loans, overdraft charges, dispo), public services, social services, pension contribution by state (preventing poverty at old age), tax credits for low income and children and carers, free education and vocational education/continual education - enabling to move up the ladder, // min11 - secular stagnation post GFC compared to previous recessions in terms of real household demand (balance sheet recession, debt overhang, deleveraging (debt repayment), and lack of new issuance of consumer credit I guess, too + rising income equality! lower redistribution from top to bottom (fair taxation) reduces recycling of income (freed up by policy items above) into demand. // min 18 - top 5% society (luxury, vanity, status) takes over bottom 80% society in aggregate terms of consumption. Economy driven by WHOM?! Affluent!
income  inequality  inequality  social  mobility  income  mobility  vocational  education  education  policy  Gini  coefficient  Makers  squeezed  middle  class  middle  class  working  poor  precarious  work  Precariat  savings  Proletariat  economic  model  trickle-down  economics  macroeconomic  policy  economic  growth  Super  Rich  1%  tax  free  income  Universal  Basic  tax  credit  tax  code  tax  avoidance  tax  evasion  consumption  consumerist  consumer  credit  creation  budget  deficit  exploitation  shareholder  value  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  lohndumping  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  productivity  Werkvertrag  disposable  income  discretionary  spending  contractor  outsourcing  fairness  unrecht  bailout  Career  Politicians  gender  pay  gap  policy  folly  policy  error  Soziale  Marktwirtschaft  working  class  Blue-collar  Worker  White-collar  Worker  knowledge  GFC  debtoverhang  balance  sheet  recession  liquidity  trap  deleveraging  secular  stagnation  austerity  UK  USA  economic  history  recovery  fiscal  policy  fiscal  stimulus  Schuldenbremse  Pact  Western  World  Europe  deflationary  consumer  debt  consumer  confidence  dot.com  Privileged  Establishment  convenience  on-demand  innovation  Silicon  Valley  wealth  distribution  income  distribution  income  growth  income  gap  redistrib 
may 2015 by asterisk2a
Bank of England says UK economy to grow by 2.5% in 2015 - BBC News
Mr Carney warned of "underlying weakness" as the Bank gave a gloomier picture for productivity growth. The Bank revised down its productivity forecast because it sees a disproportionate number of new jobs as low-skilled and low-output. Productivity growth is now expected to improve only modestly in the coming year before remaining below past average rates. 'Underinvestment' "Today's report should leave nobody in any doubt about the fundamental role of productivity growth in the UK economy's performance," said Aberdeen Asset Management chief economist Lucy O'Carroll. "The Bank of England has downgraded its growth outlook, and Mark Carney has put poor productivity right at the centre of the story. "He may have put part of the productivity disappointment of recent years down to a disproportionate pick-up in low-productivity jobs, but he has also admitted that underinvestment has played a role." [...] [+ EU&Global (China) headwinds] = in no rush to raise interest rates. &! bbc.in/1RIb9Ah
productivity  UK  job  creation  labour  market  labour  economics  Niedriglohn  Niedriglohnsektor  Services  Industry  service  industrial  policy  structural  imbalance  Impediments  output  gap  recovery  working  poor  squeezed  middle  class  USA  precarious  work  Precariat  self-employment  contractor  Zero  Hour  Contract  outsourcing  borderless  flat  world  globalisation  globalization  competitiveness  competitive  competition  Manufacturing  Career  Politicians  short-term  thinking  short-term  view  economic  history  GFC  dot.com  productive  investment  hunt  for  yield  asset  allocation  ZIRP  NIRP  QE  unintended  consequences  speculative  bubbles  speculative  speculation  ecosystem  education  policy  vocational  education  continual  education  underemployed  employability  long-term  unemployment  structural  unemployment  Revolution  2.0  entrepreneurial  entrepreneurship  Start-up  SME  SMB  Mittelstand  Software  Is  Eating  The  Share  Economy  service  Sector  Jobs  2015  sociology  trust  advice  psychology  anxiety  secular  stagnation  deflationary  digital  knowledge  sharing  shadow  1099  Economy  New  Economy  Venture  Capital  wantrepreneur  Year  of  Code  practical  skills  practical  skill  set  of  economics  of  apprenticesh 
may 2015 by asterisk2a
Eurokrise ǀ Die ökonomischen Irrwege der Angela M. — der Freitag
Die Agenda 2010 - ein Name wie Donnerhall - ist bis heute eines der umstrittensten Projekte der rot-grünen Bundesregierung, denn sie war faktisch ein flächendeckendes Lohnsenkungsprogramm, indem die Lohnansprüche der Arbeitnehmer durch Hartz IV, Leiharbeit, Werkverträge u.ä. rapide gedrückt wurden. Und es ist geglückt: bis 2013 sind die Reallöhne bundesweit gesunken oder stagnierten trotz positiver Produktivitätsentwicklung. Angela Merkel versucht nun schon seit 5 Jahren, um jeden Preis das deutsche Modell der Lohnsenkung durch die Agenda 2010 auf ganz Europa zu übertragen, passender Weise mit der SPD. Sie wird scheitern. Aber nicht auf ihre Kosten, sondern auf de Kosten anderer, denn es gilt ein einfacher ökonomischer Mechanismus: Keine Nachfrage und Investitionen - Keine Wirtschaftsleistung - Keine Steuereinnahmen - Kein Schuldendienst. Diese Logik ist einfacher als eine schriftliche Division, zur Kenntnis scheint sie in Deutschland trotzdem nicht genommen zu werden.
Leiharbeit  Werkvertrag  Zeitarbeit  Agenda  2010  GroKo  hartz-iv  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  contractor  self-employment  subsidies  subsidizing  ALG2  Aufstocker  labour  market  labour  economics  Exportweltmeister  Germany  China  competitive  advantage  competitiveness  competitive  competition  flat  world  borderless  industrial  policy  productivity  lobbyist  lobby  Lobbying  Workers  Union  Angela  Merkel  Wolfgang  Schäuble  Fiscal  Pact  Schuldenbremse  austerity  sovereign  debt  crisis  secular  stagnation  consumer  confidence  squeezed  middle  class  working  poor  precarious  work  Precariat  Proletariat  No  Representation  Career  Politicians  short-term  thinking  short-term  view  Europe  PIGS  microeconomics  microeconomic  policy  policy  Makers  policy  error  policy  folly  Revolution  2.0  working  class  middle  class  disposable  income  budget  deficit  social  cohesion  democracy  Protest  Partei  Protest  Party  Sozialer  Abstieg  Soziale  Marktwirtschaft  Wall  Street  profit  maximisation  shareholder  value  lohndumping  living  wage  minimum  wage  Service  Sector  Jobs  wage  stagnation  sticky  wages  economic  history 
may 2015 by asterisk2a
After Your Job Is Gone | TechCrunch
Future  of  Work  Mobile  Creatives  Mobile  Creative  Software  Is  Eating  The  World  Robotics  autonomous  car  self-driving  cars  algorithm  automation  first  homescreen  phone  Peak  Peak  Jobs  self-employment  Zero  Hour  Contract  contractor  precarious  Precariat  working  poor  crony  capitalism  shareholder  value  profit  maximisation  globalisation  globalization  borderless  flat  competitiveness  competitive  competition  freelance  freelancing  competitive  advantage  education  policy  Share  Economy  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  industry  Services  on-demand  convenience  austerity  Universal  Basic  Income  welfare  welfare  state  social  safety  net  minimum  wage  living  wage  Makers  Career  Politicians  protectionism  Uber  public  transportation  transportation  AirBnB  Postmates  Lyft  disposable  squeezed  middle  class  social  cohesion  democracy  No  Representation  Wall  Street  outsourcing  1099  Economy  3D  printing  industrial  policy  Manufacturing  Mittelstand  SME  SMB  Leadership  Programming  STEM  Bulimie  lernen  online  learning  e-learning  Google  vocational  education  Sozialer  Abstieg  Soziale  Marktwirtschaft  marginal  cost  economics  of  economics  economics  abundanc 
may 2015 by asterisk2a
Leiharbeiter - Kollegen dritter Klasse - YouTube
>> Lohnkosten niedrig halten! Contacting out, which contracts out the work further. // abuse of Werkvertrag & Leiharbeit // Hungerlohn am Fliessband - Leiharbeit bei Daimler 2013 - youtu.be/y6bdEzhjJ5k - 8.19 stundenlohn - 1200 (*981 nach steuern) als Familienvater mit 4 kindern. Aufstocker! ALG2 1500 Euro - STAAT subsidizes SME, SMB, International Publicly listed companies. Standort Deutschland. // So kann man auch nicht viel in das system einzahlen! // !!&& Mittelschicht - Angst vor dem Abstieg Teil 1 - youtu.be/2VLdoL3ygRY &! Teil 2 - tax code fairness // &! Fachkräftemangel - Die Legende von heiß begehrten Ingenieuren und Akademikern - youtu.be/IRZkYjtCOMk << Industry creates a ghost to have more (over)qualified supply that will work for any wage, contract and any kind of job. &! youtu.be/btXMYFhlK94 &! youtu.be/lFq2aAcf-8s
Leiharbeit  Germany  labour  market  labour  economics  contractor  Exportweltmeister  industrial  policy  crony  capitalism  competitive  advantage  competitiveness  competitive  China  BRIC  profit  maximisation  shareholder  value  social  cohesion  working  poor  precarious  work  Precariat  squeezed  middle  class  middle  class  Workers  Union  Soziale  Marktwirtschaft  Werkvertrag  outsourcing  Wall  Street  flat  world  borderless  globalisation  globalization  Tarifvertrag  Gewerkschaft  Lohnzurückhaltung  Lohnkostensenkung  Lohndumping  Niedriglohn  Niedriglohnsektor  subsidies  subsidizing  living  wage  minimum  wage  poverty  in  old  age  poverty  human  capital  Aufstocker  Proletariat  Sozialer  Abstieg  working  class  Zero  Hour  Contract  uncertainty  Europe  creative  destruction  downward  mobility  social  mobility  income  mobility  Gini  coefficient  Fachkräftemangel  Career  Politicians  No  Representation  fairness  tax  code  tax  free  income  Super  Rich  1%  tax  avoidance  tax  evasion  too  big  to  jail  TBTF  bailout  consumerist  consumerism  status  symbol  status  anxiety  socioeconomic  status  social  status  soziologie  psychology  Future  of  Mobile  Creatives  Mobile  self-employment  underemployed  democracy 
may 2015 by asterisk2a
Uber, the Rashomon | PandoDaily
[ low skill, routine job ] When an Uber glides to its appointed pickup point, what do we see? Do we see an innovator hastening the inexorable shift to a new information-based economy? Or an arrogant bully using cheap capital, greed, and a dangerous, misogynist culture of convenience to consolidate a trillion dollar market? Or do we see both? [...] I’m sure pure Uber defenders exist, but the truth is, most of us are worried about the sheer expression of capitalistic force that the company represents. [...] Uber is the poster child for our global conversation about the role of work in our society, and about the kind of company we want to create, work at, and celebrate. [SV] its male-dominated, aggressive philosophy of “breaking things fast” and “asking for forgiveness rather than permission.” Uber feels inevitable — a uniquely of-the-moment company, a mirror held up to the Valley’s aggregate psyche.
Uber  Capitalism  Share  Economy  self-employment  Zero  Hour  Contract  contractor  outsourcing  precarious  work  Precariat  working  poor  Service  Sector  Jobs  Services  Industry  convenience  disposable  income  disrupting  markets  disruption  marketplace  efficiencies  marketplace  information-based  Big  Data  analytics  Travis  Kalanick  Silicon  Valley  public  transportation  transportation  workplace  work  environment  labour  market  labour  economics  Future  of  job  security  job  creation  1099  Economy  Wall  Street  profit  maximisation  short-term  thinking  short-term  view  shareholder  value  mono  culture  asshole  culture  asshole  game  monoculture  jock  culture  Campus  Software  Is  Eating  The  World  social  entrepreneurship  accountability  Niedriglohn  Niedriglohnsektor 
april 2015 by asterisk2a
Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages: Amazon.co.uk: Carlota Perez: 9781843763314: Books
Carlota Perez draws upon Schumpeter's theories of the clustering of innovations to explain why each technological revolution gives rise to a paradigm shift and a "New Economy" and how these "opportunity explosions", focused on specific industries, also lead to the recurrence of financial bubbles and crises. // // imagine in the USA, no welfare state & social safety net, +500.000 self-employed workers on those marketplaces find no jobs because of a deep recession (short-fall of disposable income for convenience services) // bit.ly/1BrAPFJ - In the new world of on-demand everything, you’re either pampered, isolated royalty — or you’re a 21st century servant. [...] Carnegie Mellon researchers warned that the internet could make us into hermits.
Silicon  Valley  Hype  Cycle  speculative  bubbles  Share  Economy  Uber  convenience  TaskRabbit  Shyp  service  Services  Industry  Sector  Jobs  Niedriglohn  Niedriglohnsektor  precarious  work  Precariat  Zero  Hour  Contract  self-employment  marketplace  efficiencies  marketplace  Venture  Capital  Snapchat  Unicorn  consumer  internet  consumerism  consumer  consumer  confidence  book  Industrial  Revolution  Industrial  Revolution  2.0  Software  Is  Eating  The  World  Robotics  algorithm  3D  printing  automation  Future  of  Mobile  Creatives  Mobile  Creative  Postmates  Lyft  Hailo  Delivery  Hero  Just  Eat  saddl.nl  Drinkfly  DoorDash  sprig  Wineist  SpoonRocket  Onfleet  OLA  BlaBlaCar  Sidecar  Zipcar  Houzz  Instacart  Deliveroo  Operator  Hello  Alfred 
april 2015 by asterisk2a
Hartz IV: Forscherin hält Regelsatz für 45 Euro zu niedrig - SPIEGEL ONLINE
Armutsgefährdung: Forscherin hält Hartz-IV-Satz für viel zu niedrig Der Hartz-IV-Satz wird bald neu ermittelt - schon jetzt gibt es deshalb Streit: Nach Angaben einer Armutsforscherin sind die Sozialleistungen derzeit 45 Euro zu niedrig.
Agenda  2010  hartz-iv  Niedriglohnsektor  Niedriglohn  Altersarmut  Aufstocker  social  safety  net  social  cohesion  child  poverty  poverty  poverty  in  old  age  food  poverty  public  health  policy  public  health  social  mobility  income  mobility  Gini  coefficient  downward  mobility  education  policy 
february 2015 by asterisk2a
Finanzsystem: "Dieser Crash wird in die Geschichte eingehen" - YouTube
>> nichts substanzielles geaendert nach 2008. // min 10 Muendiger Anleger, ZIRP and NIRP >> Papierwerte nichts mehr wert. &! Bildung! Investment in Bildung. &! Staatliche Rente, Private Rente, Betriebliche Rente. Rister und Ruerup Rente nichts wert. &! Germany - Altersarmut und Niedriglohnsektor &! Altersversorge ist eine wette auf die Zeit ... was hat in 30-40 jahre noch wert? Stabil und ueberschaubare risiken nur in Sachwerten (nicht Papier). &! Exportweltmeister - zeit ist limited. Deutschlands 'aufschwung' wird auch in ein paar jahren wieder vorbei sein. &! Endspiel. 2008 war das einlaeuten ... Systemkriese! &! Werte - Geld macht nicht Gluecklich. 15% Rendite auch nicht. - Menschlichkeit - Wir - muss wieder zurueckkehren. In das Grab kannst du nichts hinterlassen. Geld arbeitet nicht, Menschen arbeiten! Wandel kommt nicht von oben, von der elite, ... kommt von der Mitte der Gesellschaft. &! ungedeckte Geldsysteme. &! https://www.youtube.com/watch?v=DmCoCHZkiFs
GFC  book  lost  decade  lost  generation  Debt  Super  Cycle  jubilee  economic  history  fiat  currency  trust  confidence  Bailout  TBTF  too  big  to  jail  ZIRP  NIRP  continual  education  Future  of  Work  Mobile  Creative  Mobile  Creatives  hunt  for  yield  Altersarmut  Niedriglohn  Niedriglohnsektor  sovereign  crisis  fiscal  sovereignty  social  safety  net  Soziale  Marktwirtschaft  Universal  Basic  Income  squeezed  middle  class  middle  class  sustainability  sustainable  equity  bubble  bubble  bond  bubble  property  bubble  monetary  union  monetary  system  monetary  policy  monetary  theory  European  European  European  Election  2014  No  Representation  Career  Politicians  status  quo  Lobbying  lobbyist  lobby  stakeholder  interest  groups 
february 2015 by asterisk2a
OECD moniert wachsende Ungleichheit zwischen Arm und Reich - SPIEGEL ONLINE
[ The Economic case for better equality ] - Die Ungleichheit in Deutschland hat sich laut OECD deutlich verschlimmert - und den Aufschwung gebremst. Eine gerechtere Sozialpolitik hätte demnach bis zu sechs Prozentpunkte mehr Wachstum möglich gemacht. [... ] Die OECD fordert die Politik zum Gegensteuern auf. "Unsere Analyse zeigt, dass wir nur auf starkes und dauerhaftes Wachstum zählen können, wenn wir der hohen und weiter steigenden Ungleichheit etwas entgegensetzen", sagte Generalsekretär Angel Gurria. "Der Kampf gegen Ungleichheit muss in das Zentrum der politischen Debatte rücken." [...] Eine Umverteilung von oben nach unten mittels Steuern und Transfers sei nicht zwangsläufig wachstumsschädlich, solange entsprechende Maßnahmen zielgenau angewandt werden, schreibt die Industrieorganisation. Eine solche Verteilungspolitik müsse sich vor allem auf Familien mit Kindern sowie auf junge Menschen konzentrieren und deren Lernchancen verbessern.
Niedriglohn  Niedriglohnsektor  hartz-iv  Aufstocker  Precariat  precarious  work  working  poor  minimum  wage  mindestlohn  living  wage  cost  of  living  Germany  competitiveness  competitive  advantage  comparative  advantage  flat  world  globalization  globalisation  Fachkräftemangel  Agenda  2010  Social  Services  Gini  coefficient  gender  inequality  gender  pay  gap  income  inequality  inequality  disposable  income  Lohnzurückhaltung  lohndumping  Leiharbeit  Zeitarbeit  Policy  Makers  short-term  thinking  short-term  view  Career  Politicians  folly  error  Exportweltmeister  election  campaign  promises  kalte  Progression  coldprogression  Angela  Merkel  CDU  CSU  SPD  No  Representation  SMB  SME  tax  avoidance  tax  evasion  Budget  Schwarze  Null  infrastructure  investment  OECD  austerity  welfare  state  safety  net  cohesion  tax  code  tax  free  income  Universal  Basic  Grundeinkommen  Gerechtigkeit  fairness  Democratic  Process  democracy  education  Year  of  Mobile  Creative  Mobile  Creatives  practical  skill  set  skill-biased  technological  change  Software  Is  Eating  The  practical  skills  continual  education  mobility  income  mobility  discrimination  Super  Rich  1%  Privileged  economic  history  crony  capitalism  capitalism  Wall 
december 2014 by asterisk2a
Autumn Statement 2014: Osborne's Cuts 'Will See Public Spending Fall To Lowest Level In 80 Years'
Tony Dolphin, senior economist at the Institute for Public Policy and Research, warned that Osborne's planned cuts were "implausible". "Given the scale of cuts in the public sector, [the OBR] can only make its growth forecast add up by assuming that consumer demand is boosted by households taking on more debt - and at an unprecedented pace. "Extraordinarily, the OBR thinks that by 2019 the household sector will have a financial deficit twice as big as in 2007 and 2008 when the financial crisis hit. As result, the household debt-to-income ratio is forecast 2 rise beyond its pre-crisis peak 2 over 180%. "This is pretty implausible. If the next government tries 2 follow the deficit reduction path set out in the Autumn Statement, it can only succeed in the short-term because the household sector takes on debt @ a faster pace than it did before the financial crisis. [this warning was heeded some years ago alrdy that consumer&corp would have to take on debt to spend to keep GDP # up!!!]
austerity  UK  George  Osborne  economic  history  David  Cameron  general  election  2015  fairness  Liberal  Democrats  Conservative  Party  Labour  Party  Super  Rich  1%  Privileged  Establishment  No  Representation  Toff  fiscal  policy  Democratic  Process  democracy  tax  free  income  Budget  Gerechtigkeit  Gini  coefficient  income  inequality  compromise  Career  Politicians  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  economics  market  tax  evasion  tax  avoidance  GDP  economic  growth  zombie  corporations 
december 2014 by asterisk2a
BBC News - Long, long slog to mend public finances
So the job of mending the public finances is a long way from over. The best performing, big developed economy in the world - that's us by the way, as assessed by speed of GDP growth - is generating far less tax than expected. So this year, the Office for Budget Responsibility expects the harvest for the Exchequer from taxation to be £7.8bn less than it predicted in March. And by 2017-18, it says the shortfall will be an eye-watering £21bn. & the biggest shortfall, roughly half of it, is in income tax, which reflects the creation of lots of new low wage jobs & the absence of meaningful pay rises for millions. [...] reflecting a change in the structure of the economy, rather than a passing phenomenon. [AUSTERITY] The OBR calculates that spending per head in real terms in 2019/20 on the public sector minus health and schools would be £1,290, or 57% less than in 2009/10. [... edu & industrial policy not straight ahead towards econ of the future ...] [in this together?] &! bbc.in/1tqUjGz
tax  avoidance  tax  evasion  Gerechtigkeit  fairness  crony  capitalism  Budget  UK  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  economic  history  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  fiscal  policy  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  labour  economics  labour  market  George  Osborne  David  Cameron  competitiveness  competitive  competition  comparative  advantage  Silicon  Valley  BRIC  Frontier  Markets  Developing  free  trade  global  trade  trade  agreements  TTIP  austerity  Structural  Impediments  unemployment  infrastructure  investment  deficit  imbalance  apprenticeships  education  policy  practical  skills  practical  skill  set  secular  stagnation  wage  stagnation  stagnation  stagflation  deflationary 
december 2014 by asterisk2a
Buzzfeed reveals that Uber exec boasted of planning smear campaign against Pando EIC, Sarah Lacy | PandoDaily
Uber  Travis  Kalanick  personal  values  corporate  values  corporate  governance  corporate  culture  Hype  Hype  Cycle  transportation  public  transportation  ethical  machine  self-employment  middleman  Niedriglohn  lohndumping  Lohnzurückhaltung  Niedriglohnsektor  precarious  work  Precariat  Prekariat  working  poor  minimum  wage  Lyft  competitive  competitiveness  Silicon  Valley  squeezed  middle  class  middle  class  middleclass  crony  capitalism  profit  maximisation  exploitation  Wall  Street 
november 2014 by asterisk2a
Revealed: how coalition has helped rich by hitting poor | Politics | The Observer
"We are all in this together." [...] &!&!&! http://www.spiegel.de/international/zeitgeist/hilary-mantel-in-an-interview-with-spiegel-on-the-britain-of-today-a-1002263.html "Interview with Hilary Mantel: 'What's Happening in Britain at the Moment Is Really Ugly'" Hilary Mantel's historical novels are celebrated in Britain, but her critiques of the establishment are widely feared. In a SPIEGEL interview, she says her country is retreating into insularity and to attitudes prevalent in Victorian times. [...] It's a retreat into insularity, into a mood of harshness. When people feel they're being mistreated, they lash out against people who are weaker than themselves, immigrants for example. What's happening here at the moment is really ugly. The government portrays poor and unfortunate people as being morally defective. This is a return to the thinking of the Victorians. Even in the 16th century, Thomas Cromwell was trying to tell people that a thriving economy has casualties [...]
austerity  working  poor  squeezed  middle  class  Precariat  precarious  work  Prekariat  UK  George  Osborne  fiscal  policy  monetary  policy  tax  free  income  tax  evasion  tax  avoidance  Super  Rich  1%  Gini  coefficient  income  inequality  disposable  income  income  mobility  social  mobility  downward  mobility  zombie  consumer  David  Cameron  welfare  state  child  poverty  poverty  in  old  age  poverty  food  poverty  fuel  poverty  Gerechtigkeit  fairness  GFC  recovery  Bailout  monarchy  UKIP  European  Election  2014  globalization  globalisation  flat  world  Software  Is  Eating  The  Future  of  competitive  competitiveness  Mobile  Creative  Mobile  Creatives  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  minimum  wage  coldprogression  kalte  Progression  lohndumping  mindestlohn  AfD  Rechtsruck  uncertainty 
november 2014 by asterisk2a
Müllers Memo: Frau Merkels Verständnis von Wirtschaft - SPIEGEL ONLINE
Angela Merkel lächelte leicht spöttisch. Bei der Vorstellung des Gutachtens der fünf Wirtschaftsweisen äußerte die Kanzlerin Zweifel daran, wie "ein Beschluss, der noch nicht in Kraft ist, jetzt schon eine konjunkturelle Dämpfung hervorrufen kann". Gemeint war der Mindestlohn, dessen anstehende Einführung der Sachverständigenrat als Wachstumskiller gebrandmarkt hatte. [...] Niemand, auch nicht die fünf Wirtschaftsweisen, erwartete damals einen durchschlagenden Erfolg der Agenda-2010-Reformen von Gerhard Schröder. Doch dann entwickelten die Hartz-Gesetze im Zusammenspiel mit dem Globalisierungsboom ab 2006 eine überraschende Sogwirkung. Insbesondere weil viele Menschen bereit waren, für ziemlich wenig Geld eine Beschäftigung anzunehmen. Heute bekommt fast ein Viertel der Beschäftigten in Deutschland eine Bezahlung, die Arbeitsmarktforscher als Niedriglöhne klassifizieren. &! http://www.spiegel.de/wirtschaft/soziales/rente-immer-mehr-aeltere-menschen-arbeiten-a-1003237.html
Agenda  2010  Niedriglohn  Niedriglohnsektor  Germany  Angela  Merkel  economic  history  Europe  precarious  work  working  poor  hartz-iv  economics  labour  economics  labour  market  Lohnzurückhaltung  mindestlohn  lohndumping  job  security  sociology  socioeconomic  status  social  status  status  anxiety  Future  of  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  competitive  competitiveness  Exportweltmeister  Precariat  Why  Software  Is  Eating  the  Software  Is  Eating  Robotics  automation  algorithm  Services  Industry  service  economy  service  infrastructure  investment  education  policy  short-term  thinking  short-term  view  kalte  Progression  coldprogression  babyboomers  generationy  Millennials 
november 2014 by asterisk2a
Technology To Automate A Third Of U.K. Jobs Over Next 20 Years, Says Deloitte | TechCrunch
This link between lower paid jobs and automation suggests technology risks fueling growing wealth inequalities — unless education and training can be successfully reconfigured to upskill populations with the digital, management and creative skills that are at reduced risk of automation. [...] In the high risk corner, the research lists jobs like office and admin support; sales and services; transportation; construction and extraction; and production. While jobs identified as low or no risk jobs include skilled management; financial services; computing, engineering and science; education; legal services; community services; the arts and media; and healthcare.
Future  of  Work  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Niedriglohn  Niedriglohnsektor  Services  Industry  service  economy  service  Precariat  precarious  working  poor  Mobile  Creative  Mobile  Creatives  practical  skills  practical  skill  set  algorithm  flat  globalization  globalisation  competition  exploitation 
november 2014 by asterisk2a
Handy Sued For Being a Hellscape of Labor Code Violations
The crux of the suit (embedded below) is that Handy uses independent contractors instead of employees—a popular tactic amongst startups like Uber, Lyft, Homejoy, SpoonRocket, Taskrabbit, and Postmates. [ cost center = insurance, benefits, perks, holiday pay, ... ]
Services  Industry  service  economy  service  self-employment  contractor  Future  of  Work  middleman  Silicon  Valley  profit  maximisation  cost  center  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Niedriglohn  Niedriglohnsektor  precarious  Precariat  minimum  wage  mindestlohn 
november 2014 by asterisk2a
Holland: Programm macht aus junge Arbeitslosen Unternehmer - SPIEGEL ONLINE
An der Idee, Unternehmernachwuchs zu fördern, kann auch Wiemer Salverda zunächst nichts Schlechtes finden. Allerdings, so der Arbeitsmarktprofessor von der Universität Amsterdam, seien Programme wie "Jong & Baas" lediglich ein Tropfen auf den heißen Stein - erreichen sie doch nur einen sehr kleinen Kreis an jungen, meist hochqualifizierten Erwachsenen. "Ein Großteil der Jugendlichen, die mit Arbeitslosigkeit kämpfen, haben von solchen Programmen rein gar nichts", so Salverdas vernichtendes Urteil. [...] gerade für alle ohne Hochschulabschluss weiter verschlechtern werde: Von den rund einer Million potentielle Stellen für Geringqualifizierte wird laut van Dijk die Hälfte in den kommenden vier bis fünf Jahren wegfallen. Zum einen wegen der fortschreitenden Technologisierung, zum anderen, weil sich die Jobs derart spezialisieren werden, dass die Firmen sie künftig mit besser ausgebildeten Fachkräften besetzen.
self-employment  Mobile  Creative  Mobile  Creatives  practical  skills  practical  skill  set  youth  unemployment  lost  generation  education  policy  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Future  of  Work  University  College  Liberal  Arts  specialization  Niedriglohn  Niedriglohnsektor  Precariat  precarious  Zeitarbeit  Lohnzurückhaltung  lohndumping  Proletariat  Services  Industry  service  economy  service  Share  sharing  economy  Grundeinkommen  Universal  Basic  Income  Ich-AG 
october 2014 by asterisk2a
Deutschlands neue Slums - Das Geschäft mit den Armutseinwanderern - Monitor - ARD | Das Erste
((Roma & Sinti slums in Bulgaria, sich selber aufgegeben, petty crime & prostitution))Das Exclusiv im Ersten "Deutschlands neue Slums - Das Geschäft mit den Armutseinwanderern" von Isabel Schayani und Esat Mogul (Erstsendedatum 19.08.2013) wurde mit dem Deutschen Sozialpreis 2014 in der Sparte Fernsehen ausgezeichnet.
adoptarefugee.org  Roma  Sinti  petty  crimes  economic  refugee  refugee  East  Europe  east-europe  bulgaria  Europe  human  tragedy  dehumanisation  human  rights  exploitation  Trafficking  Wanderarbeiter  Niedriglohn  Niedriglohnsektor  minimum  wage  mindestlohn  Arbeitsverhältnis  poverty 
october 2014 by asterisk2a
Empire - The Promise and Peril of Democracy - Web Extra - Empire asks why democracy is in retreat - YouTube
symptoms now more evident than ever!
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october 2014 by asterisk2a
BBC News - American Dream breeds shame and blame for job seekers
"Unemployed auto workers, factory workers, they have a lot of regrets about the past," he said. "A lot of workers are internalising, 'You succeed on your own merits and your own abilities, and if you fail, you're to blame'," Chen says. He isn't alone in seeing this pattern. Experts tell the BBC that job seekers in the US are now, more than ever, blaming themselves for being out of work, due in part to misconceptions about what it takes to succeed in America. [...] Meritocracy became the prevailing ideology, encouraging workers to aim high and reap the resultant rewards. Anyone could achieve greatness. Paupers could become princes. The more people made, the more likely they were to believe they were worthy of it. A study published in the Journal of Personality and Social Psychology last year found that the higher people perceived their social class to be, the more likely they were to believe that success comes to those who most deserve it. [class warfare, meritocracy is ideology]
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september 2014 by asterisk2a
Jürgen Trittin: Plädoyer für linke Reformen - SPIEGEL ONLINE
Heute ist es für viele Menschen, gerade wirtschaftlich Schwächere, schwer geworden, dem Begriff "Reform" etwas Gutes abzugewinnen. Viel zu oft war Reform ein Synonym für sozialen Rückschritt & Ausschluss aus der Gesellschaft. Reform heute ist neoliberal aufgeladen, es steht für Deregulierung, für weniger Sicherheit, mehr Armutsrisiko & weniger Demokratie. Diese reale Erfahrung hat die Angst vor Veränderung erhöht. So haben Konservative leichtes Spiel. Das Bittere ist: Für diese Diskreditierung von Veränderung, für die Umdeutung von Reform sind auch Regierungen der linken Mitte mitverantwortlich. Links reden, rechts wählen - das ist keine deutsche Marotte. Als Folge der Finanzkrise wurden in Europa erst einmal reihenweise konservative & wirtschaftsliberale Regierungen gewählt. Gerade dort, wo die Krise wirklich zugeschlagen hat, zeigte sich wieder einmal: Krisen sind keine guten Zeiten für eine Politik der linken Mitte. [GroKo: Das allermeiste bleibt, wie es ist.] youtu.be/yAmiQJYqjxM
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september 2014 by asterisk2a
Sascha Lobo: Sharing Economy wie bei Uber ist Plattform-Kapitalismus - SPIEGEL ONLINE
S.P.O.N. - Die Mensch-Maschine: Auf dem Weg in die Dumpinghölle. Der Konflikt um den Fahrdienst Uber illustriert einen globalen Trend. Was oft als Sharing Economy bezeichnet wird, ist in Wirklichkeit ein euphemistisch benannter Aspekt einer neuen digitalen Wirtschaftsordnung: des Plattform-Kapitalismus. +!+!+!+ https://news.ycombinator.com/item?id=8347583 - The Demons Of On-Demand +!+!+!+ Legal challenges could threaten the business models of the on-demand startups relying on independent contractors. Does Silicon Valley Have a Contract-Worker Problem? — An examination of tech's favorite labor model. "t's simply the digital middleman [...] fewer people [will] have traditional full-time or part-time jobs as a result. [...] "Perpetual, hourly employment is often deeply inefficient for all parties involved," (CAPITALISM SAYS) [... vs MyClean using Employee Structure, Controlling usr experience] - nymag.com/daily/intelligencer/2014/09/silicon-valleys-contract-worker-problem.html +!+!+!+
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september 2014 by asterisk2a
Arm und Reich Wie geteilt ist Deutschland DOKU - Kanal abonnieren nicht vergessen! :-) - YouTube
min ~13 - Lohnzurueckhaltung, Mittelstand, Working Poor, ... ~ min 16 - flat world || agenda 2010 hat keine added value jobs geschaffen nur working poor jobs || neoliberlism at work after fall off iron curtain! ... || Symptom - AfD & Co. Auslaenderfeindlichkeit, etc etc. || keine chancengleichheit. Punkt. || USA Zustaende - || CDU CSU SPD etc lost "Wohlstand fuer alle." mit jeder neuen generation 10er abschnitte, steigt Deutschland weiter ab. Weil nichts getan wird - short-term view.
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september 2014 by asterisk2a

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