asterisk2a + reich   39

Stocks are up. But it appears to us that the U.S. economy is going down. Go figure.
velocity is at 57yr low - WOW! the money that is in circulation is in less hands! the econ expanded according to GDP, but less and less $ reach on avg each hand. - "This is serious. The velocity of money tracks how often each dollar is used to buy something in the economy. Falling velocity shows that consumers and business are pulling back… becoming more reluctant to spend and invest… downsizing… and holding onto dollars rather than spending them. This has a similar effect as reducing the supply of money bidding for goods and services. Prices drop. Deflation, in other words. The bubble has developed a leak. The hot air is gushing out." //&! bit.ly/1MOxc9A //&! research.stlouisfed.org/fred2/series/M2V &! pieria.co.uk/articles/getting_things_wrong_federal_reserve_style - it is associated with stagnant NGDP [...] demand problem.
monetary  velocity  liquidity  trap  Richard  Koo  nominal  GDP  targeting  GDP  measurement  GDP  recovery  reflate  reflation  economic  history  money  supply  Fed  fiscal  policy  monetary  policy  Gini  coefficient  inequality  economic  harm  economic  damage  GFC  crony  capitalism  shareholder  capitalism  Greed  profit  maximisation  profit  maximization  squeezed  middle  class  Elizabeth  Warren  Joseph  Stiglitz  Paul  Krugman  Robert  Reich  Thomas  Piketty  2016  UK  USA  secular  stagnation  Pact  fiscal  stimulus  austerity  Schuldenbremse  social  mobility  income  mobility  working  poor  Precariat  low  pay  low  income  Service  Sector  Jobs  Zero  Hour  Contract  Contractor  self-employment  inflation  targeting  microeconomic  policy  macroeconomic  policy  Super  Rich  1%  plutocracy  oligarchy  capitalism  capitalism  in  crisis  self-regulation  book  shareholder  value  Wall  Street  meritocracy  meritocratic  post-racial  America  barackobama  Larry  Summers  Bernie  Sanders  Establishment  Privileged  deregulation  bank  bailout  social  safety  net  welfare  state  aggregate  demand 
april 2016 by asterisk2a
Piketty: EU should welcome one million immigrants a year
"The European Union has the capacity to absorb a large flow of migrants, one million per year in terms of inflow net of outflow," he said.
"This is exactly what we had between 2000 and 2010 and this was working in the sense that unemployment was being reduced.
"The problem is - with the austerity policies and with the recession - now we are in a situation where it's very difficult in particular with southern Europe, with the terrible economic situation that we have created there in particular." [...] The population of the EU has only risen by 0.2% a year since 1995, he argues, compared to 1.2% for the world's population over the same period.
According to Eurostat, the official statistical arm of the European Commission, a total of 3.4 million people came to the EU during 2013. Some 2.8 million left, leaving a net immigration figure of around 600,000. [S]low growth [...] exacerbated not just by a lack of immigration but also by austerity policies aimed at reducing public expenditure. [EU in recession 2011 forward]
immigration  migration  refugee  crisis  Integrationspolitik  Sozialpolitik  youth  unemployment  austerity  GFC  secular  stagnation  Richard  Koo  ageing  population  demographic  bubble  social  safety  net  pension  obligation  economic  history  welfare  state  Gini  coefficient  Super  Rich  inequality  social  mobility  income  mobility  plutocracy  oligarchy  Precariat  working  poor  squeezed  middle  class  hartz-iv  Aufstocker  neoliberal  neoliberalism  Soziale  Marktwirtschaft  ALG2  Zeitarbeit  Leiharbeit  Minijob  part-time  employment  Contractor  self-employment  Zero  Hour  Contract  underinvestment  disposable  income  discretionary  spending  Robert  Skidelsky  bank  bailout  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  Angela  Merkel  Leadership  Wall  Street  shareholder  capitalism  crony  capitalism  lobby  No  Representation  Career  Politicians  democracy  European  Union  UK  Elizabeth  Warren  Paul  Krugman  Robert  Reich  Joseph  Stiglitz  carbon  tax  policy  folly  policy  error  right-wing  far-right  Rechtsruck  recovery  nominal  GDP  targeting  inflation  targeting  finite  resources  resource  depletion  GNP  GDP  GDP  measurement  profit  maximisation  profit  shareholder  policy  income  inequality  income 
april 2016 by asterisk2a
Discussing the IMF’s research on inequality - an interview with Andrew Berg
Inequality and Unsustainable Growth (2011) - imf.org/external/pubs/ft/sdn/2011/sdn1108.pdf - what are the determinants of sustained growth (answer a middle class). phases of growth. institutional governance (tax evasion and tax avoidance). lobby, revolving door, no representation, career politicians. [...] redistribution should have win-win effect. //&! Richard Wilkinson: How economic inequality harms societies - youtu.be/cZ7LzE3u7Bw - national income per head (average) is not reflective (correlates) for health and child well-being measures, social capital (volunteering, Tories Big Society), mental health, prison population, social mobility. that is why Tories redefined fuel poverty & child poverty! That is why nominal GDP targeting is double edge sword (tax evasion and average national income per head, and being dependent on a industry for GDP (ie Brazil and resources, or south UK and banking - 80% of 2015 growth was consumtion). Leads to status anxiety & materialism/
inequality  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  squeezed  middle  class  working  poor  CEO  pay  shareholder  capitalism  IMF  western  world  Super  Rich  1%  plutocracy  oligarchy  discretionary  spending  disposable  income  Generation  Rent  poverty  poverty  trap  meritocracy  meritocratic  income  distribution  American  Dream  child  poverty  Thomas  Piketty  income  growth  income  inequality  income  mobility  Gini  coefficient  social  mobility  income  redistribution  Universal  Basic  tax  credit  tax  free  income  tax  evasion  tax  amnesty  tax  avoidance  HMRC  Political  Governance  Career  Politicians  revolving  door  Lobbying  lobby  lobbyist  No  Representation  Niall  Ferguson  secular  stagnation  Elizabeth  Warren  Precariat  job  insecurity  welfare  state  social  safety  net  nominal  GDP  targeting  WHO  consumerism  materialism  status  anxiety  values  social  status  self-esteem  mental  health  well  being  GNP 
april 2016 by asterisk2a
George Osborne warns of further spending cuts in Budget - BBC News
[ LOL! ] But recent figures showing the UK economy was smaller than expected meant savings must be found in his Budget statement on 17 March, he said. [...] Mr Osborne said he would rather look for extra cuts now than risk breaking his own manifesto commitment to achieve a surplus in the budget by the end of this Parliament. The chancellor did not completely rule out raising taxes in the event of a further slowdown in growth, but said that now was not the time for "significant" tax hikes. [...] I'm absolutely clear we've got to root our country in the principle that we live within our means and that we have economic security." [...] "whole purpose of our economic plan was to have a budget surplus. [...] we got big challenges at home to make the economy more productive even as more people get work. [ because having part of your budget in the property bubble is so productive ] [...] I will do what is required to keep our country safe and secure." [ NOT CHANGING PLANS ie U-TURN ]
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february 2016 by asterisk2a
Beware the Minuses of Negative Interest Rates
Whether sub-zero interest rates actually work is open to debate, however. So says Richard Koo, the chief economist of the Nomura Research Institute. “In my view,” he writes, “the adoption of negative interest rates is an act of desperation born out of despair over the inability of quantitative easing and inflation targeting to produce the desired results.” The failure of the BOJ and the ECB to meet their inflation and growth goals is shared by the Federal Reserve and the Bank of England. None of these central banks understand that their textbook solutions don’t fit the real economy, Koo asserts. [...] And on a more practical level, why corporations sit on record hoards of cash (taxes aside). [<< macro prudential policy ] //&! “When no one is borrowing money, monetary policy is largely useless.” [...] Keynes was right and (Milton) Freidman was wrong. - bit.ly/1Kl07Ri & There is no Confidence Fairy //&! fam.ag/1ogOOiM & bit.ly/1LpJL4W & bit.ly/1VgSjAB & bit.ly/214Icm3 & bit.ly/1Kl228n
secular  stagnation  emerging  middle  class  demographic  bubble  ageing  population  western  world  ZIRP  NIRP  QE  distortion  liquidity  trap  New  Normal  financial  repression  GFC  economic  history  Richard  Koo  consumer  debt  squeezed  middle  class  household  debt  credit  card  debt  car  loan  business  confidence  consumer  confidence  student  loan  debt  student  loan  Super  Cycle  debt  servitude  mortgage  market  asset  bubble  speculative  bubbles  hunt  for  yield  hot-money  equity  bubble  bond  bubble  property  bubble  credit  bubble  BRIC  China  student  debt  disposable  income  discretionary  spending  Frontier  Markets  emerging  market  UK  USA  Europe  Japan  Abenomics  Niall  Ferguson  Paul  Krugman  Joseph  Stiglitz  Gini  coefficient  inequality  income  inequality  income  distribution  income  mobility  wage  stagnation  income  growth  tax  evasion  tax  avoidance  Wall  Street  profit  maximisation  shareholder  value  underinvestment  austerity  productivity  output  gap  public  investment  productive  investment  infrastructure  investment  business  investment  STEM  R&D  competitiveness  Robert  Reich  balance  sheet  recession  deleveraging  debtoverhang  zombie  banks  zombie  corporations  zombie  consumer  macroprudential  policy  miltonfriedman  JohnMaynardKeynes  keynes  Keynesianism  Fiscal  Pact  policy  monetary  policy  Schuldenbremse  unconventional  monetary  policy  QT  Taper  money  supply  money  ve 
february 2016 by asterisk2a
James Galbraith, Kate Pickett, Branko Milanovic - Consequences of Inequality and Wealth Distribution - YouTube
free education / land value tax / higher inheritance tax / abolition of private education / more progressive taxation / combat tax avoidance and tax evasion / ... Universal Basic Income //&! New Theoretical Perspectives on the Distribution of Income and Wealth Among Individuals - youtu.be/RO8KWTb2iPM - w Joseph Stiglitz and Paul Krugman --- distinguishing between wealth and capital. ignore land (free yourself from Ricardo). land. credit. //&! David Cay Johnston: The Perils Of Our Growing Inequality - David Cay Johnston about his new book, Divided: The Perils of Our Growing Inequality. - youtu.be/ok7ZJ8mS19Y
inequality  income  inequality  Gini  coefficient  education  policy  income  distribution  income  redistribution  tax  free  income  income  mobility  social  mobility  health  inequality  gender  inequality  trickle-down  economics  neoliberalism  neoliberal  welfare  state  social  safety  net  progressive  tax  code  Super  Rich  1%  oligarchy  plutocracy  social  democracy  No  Representation  Career  Politicians  democracy  tax  evasion  tax  avoidance  Universal  Basic  inheritance  tax  financial  literacy  wealth  distribution  wealth-distribution  transferring-wealth  Thomas  Piketty  Joseph  Stiglitz  Robert  Reich  squeezed  middle  class  globalization  globalisation  Paul  Krugman  Elizabeth  Warren  austerity  fairness  Generationengerechtigkeit  fiscal  policy  economic  growth  Supply  and  Demand  Demand  and  Supply  disposable  income  discretionary  spending  credit  bubble  GFC  recovery  monetary  policy  debt  servitude  consumer  debt  household  debt  Student  Loan  debt  debt  credit  card  debt  credit  card  economic  history  macroeconomic  policy  microeconomic  policy  competitiveness  productivity  knowledge  worker  book  monopoly  oligopoly  oligopol  American  Dream  meritocracy  meritocratic  post-racial  America  free  market  freemarkets  dogma  ideology 
january 2016 by asterisk2a
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
Warren Buffett Crushes Republicans On Taxes - YouTube
Not having a voice. No being heard. // Empört Euch! (German) Perfect Paperback – Feb 2011 by Stéphane Hessel
moral  imperative  morality  Super  Rich  1%  capital  gains  tax  capital  gains  income  tax  income  distribution  income  redistribution  infrastructure  investment  underinvestment  budget  deficit  fairness  democracy  No  Representation  Career  Politicians  austerity  tax  evasion  tax  avoidance  corporate  tax  rate  crony  capitalism  capitalism  Wall  Street  shareholder  value  profit  maximisation  exploitation  lobbyist  lobby  Lobbying  revolving  door  corruption  bribery  Party  Funding  USA  secular  stagnation  Niall  Ferguson  public  investment  Gini  coefficient  income  inequality  income  mobility  social  mobility  American  Dream  progressive  white-collar  crime  squeezed  middle  class  globalization  globalisation  flat  world  borderless  plutocracy  oligarchy  Sozialer  Abstieg  Millennials  Generationengerechtigkeit  generationy  corporate  welfare  subsidies  subsidizing  corporate  scandal  corporate  state  corporate  media  Polarisation  propaganda  populism  corporate  culture  corporate  values  corporate  governance  corporate  social  responsibility  Services  Services  dogma  ideology  neoliberalism  neoliberal  Greed  GFC  recovery  trickle-down  economics  bank  bailout  society  Gesellschaft  Wertegesellschaft  Rebellion  social  uprising  Richard  Wolff  Robert  Reich  Joseph  Stiglitz  inequality  stagnation  class 
october 2015 by asterisk2a
Robert Reich - Timeline Photos
In some cities – San Francisco, Seattle, Boston, New York – it’s 40 to 50 percent. What’s the solution? Part of it is better public transportation – so people can live further away from where they work, in affordable housing. But rather than invest more in public transportation, America is disinvesting. We're spending a smaller percentage of our GDP on public transit now than at any time since World War II. Why? Ask Republicans in Congress and in state legislatures.
dogma  ideology  USA  infrastructure  investment  underinvestment  infrastructure  public  transportation  transportation  commuting  Richard  Wolff  Robert  Reich  austerity  fairness  Generationengerechtigkeit  discretionary  spending  squeezed  middle  class  gentrification  Gentrified  urban  planning  urbanisation  tax  evasion  tax  avoidance  corporate  tax  rate  crony  capitalism  capitalism 
october 2015 by asterisk2a
Robots are coming for your job. That might not be bad news
The problem with automation isn’t technology. The problem is capitalism. // [ Deflationary pressure, 3bn people in developing world and frontier markets unemployed, waiting to join workforce. ] [ who buys the gadgets and widgets when half the world is unemployed ] // This time, as Martin Ford argues in Rise of The Robots, education and upscaling won’t help us. There will simply be fewer jobs to go around, as everything from accountancy to journalism will be done faster, cheaper and more efficiently by machines. The result, as Jerry Kaplan agrees in Humans Need Not Apply, is that billions will be left destitute – unless we radically rethink our way of keeping people fed.
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october 2015 by asterisk2a
One Map Shows Just How Expensive College Can Be for Students Making Minimum Wage
[S]ubstantial evidence that lack of information plays a critical role in shaping the financial decisions people make. Consider how a vast majority of people who are currently defaulting on their student loans in the U.S. would be able to halt their financial suffering if they knew they could enroll in an income-based repayment plan that would shrink or eliminate their monthly payments. This map goes some way toward explaining why low-income students are less likely to enroll in college. If the idea that college is a risky investment is something thats gaining traction in well-to-do circles, then surely people who hail from less fortunate backgrounds are even more inclined to think the potential price is too high. // could be seen as balance sheet recession: rising cost of education - & on other side - unable 2 pay w job u can get (asset value). Education is mispriced in UK/USA in a new world going forward! >> youtu.be/_EDGTzOXa_g?t=1h46m5s
College  University  USA  student  loan  debt  student  loan  student  debt  NPL  un-college  minimum  wage  cost  of  living  income  growth  wage  growth  wage  stagnation  Millennials  generationy  disposable  income  discretionary  spending  babyboomers  living  standard  standard  of  living  living  wage  Generationengerechtigkeit  generation  rent  2015  income  mobility  social  mobility  downward  mobility  Gini  coefficient  income  distribution  1%  Super  Rich  income  inequality  low  income  income  redistribution  precarious  work  working  poor  job  security  job  creation  UK  education  policy  competition  globalisation  globalization  neoliberalism  neoliberal  Privatisation  borderless  flat  world  trickle-down  economics  economic  history  inequality  labour  market  Service  Sector  Jobs  Niedriglohnsektor  marginal  propensity  to  consume  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  Thomas  Piketty  Elizabeth  Warren  Larry  Lessig  labour  economics  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  secular  stagnation  stagnation  debt  servitude  Super  Cycle  debtoverhang  deleveraging  balance  sheet  recession  financial  literacy  Career  Politicians  No  Representation  social  contract  political  theory  vested  interest  interest  groups  generational  contract  lost  generation  lost  decade  personal  bankruptcy  poverty  trap  Mark  Blyth  dem 
september 2015 by asterisk2a
Millennials Can't Afford Cars, and Are Fine With That - Bloomberg View
As somebody who wondered in a column last week whether people in developed countries were perhaps learning that they no longer needed as much stuff as they used to, and whether this might lead to big shifts in the global economy, I read on with great interest. [...] The changes in young adults' consumption habits have clearly been influenced by economic forces. But economic forces shape societal attitudes, too. I also don't see much sign that these economic forces are about to reverse. Both these things can be true: The median 25-to-34-year-old has less to spend, and is less interested in spending it on a car.
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september 2015 by asterisk2a
Group of 20 Financial Leaders Agree to Act to Bolster Growth - The New York Times
Ms. Lagarde was even more explicit, making it clear that governments had for too long relied on the supply of cheap cash from central banks that have been running ultra-loose monetary policy. “Monetary policy alone will not cut it,” she said. “It is necessary, it is recommended from our perspective, particularly in Europe and in Japan still, but it will not cut it on its own. “Clearly in the fiscal sphere as well as in the structural reforms sphere, more needs to be done, and it needs to accompany and eventually take the baton from the central bank governors.”
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september 2015 by asterisk2a
Soziale Gerechtigkeit und Wachstum: Deutschland mittelmäßig - SPIEGEL ONLINE
Wie gut gelingt es Staaten, eine nachhaltige Wirtschaftspolitik mit sozialer Gerechtigkeit zu vereinen? Deutschland landet in einer Studie des Weltwirtschaftsforums nur im Mittelfeld. Vor allem das Steuersystem schneidet schlecht ab. // &! bit.ly/1K7qKCb - Erbschaft!
Generationengerechtigkeit  fairness  austerity  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  gender  inequality  economic  growth  tax  free  income  kalte  Progression  coldprogression  Universal  Basic  Super  Rich  1%  Public  Services  Services  welfare  state  social  safety  net  OECD  IMF  Robert  Reich  Joseph  Stiglitz  Thomas  Piketty  tax  avoidance  tax  evasion  capital  gains  tax  income  tax  infrastructure  infrastructure  investment  commuting  chronic  stress  child  poverty  poverty  trap  food  poverty  well  being  happiness  index  neoliberalism  neoliberal  Workers  Union  precarious  work  Precariat  working  poor  minimum  wage  tax  credit  education  policy  underbanked  poverty  Sozialer  Abstieg  squeezed  middle  class  corporate  tax  rate  Privatisation  underinvestment  productive  investment  investment  Public  Good  Career  Politicians  short-term  long-term  competitiveness  globalisation  globalization  borderless  flat  world  job  security  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  tax  code  lobbyist  lobby  Lobbying  shared  economic  interest  Wall  Street  profit  maximisation  shareholder  value  Mittelstand  SME  SMB  Germany  society  culture  Gesellschaft  babyboomers  Millennials  generationy  bank  social  bail 
september 2015 by asterisk2a
▶ How The Economic Machine Works by Ray Dalio
credit great 4 productive investments 4 the future that will benefit u/me/gov/biz like infrastructure/edu/skills. but waste 4 pure consumption that dont increase productivity in the long run. Like consumer credit spend 2 replace a 2yr old flat screen. vs consumer credit 4 vocational/professional further edu 2 get a higher earning job (future higher income 2 repay the then debt liability & have some more/left over). Bad if u dont have later higher earnings from higher education 2 repay debt & just work in an underemployed placement that any college dropout could do. Thing is, college dropout doesnt have that debt liability that the higher education person has (reduced disposable income bc debt repayment + interest payments.) Women are hit double (gender pay gap) & triple (childcare long-term earnings loss). // min16 income growth important 2 keep up with debt repayment beyond interest. if not, we reached peak long-term debt cycle! // doesnt include globalisation's deflationary effects
credit  bubble  austerity  business  cycle  debt  cycle  financial  cycle  Super  economic  cycle  productivity  income  growth  wage  growth  wage  stagnation  output  gap  economics  disposable  income  discretionary  spending  economic  history  living  standard  standard  of  living  gender  pay  gap  reflate  reflation  asset  bubble  equity  bubble  China  USA  2015  speculative  bubbles  secular  stagnation  stagnation  deflationary  deflation  household  debt  government  debt  public  debt  debt  servitude  student  loan  debt  consumer  debt  debtoverhang  balance  sheet  recession  deleveraging  sovereign  debt  crisis  debt  bubble  student  debt  debt  monetisation  debt  monetization  private  debt  GFC  recovery  Richard  Koo  liquidity  trap  NPL  excess  reserves  zombie  banks  zombie  consumer  debt  restructuring  QE  ZIRP  NIRP  debt  jubilee  greatrecession  Great  Depression  budget  deficit  Super  Rich  Polarisation  Thomas  Piketty  tax  evasion  tax  avoidance  fairness  inequality  Gini  coefficient  social  cohesion  social  tension  social  contract  Career  Politicians  Joseph  Stiglitz  Paul  Krugman  Robert  Reich  Mark  Blyth  income  redistribution  income  inequality  income  mobility  social  mobility  capital  gains  tax  tax  code  corporate  tax  rate  lost  decade  lost  generation  neoliberalism  neoliberal  globalization  globalisation  western  world  developed  world  Europe  competitiveness  competition  competitive  flat  world 
september 2015 by asterisk2a
UK seems to relax pressure on Caymans over company register | US news | The Guardian
The UK government appears to have relaxed its pressure on the Cayman Islands to create a register of company ownership, despite David Cameron’s plea last year for overseas territories to do so in the interests of tax transparency. The prime minister promised to introduce a public register of beneficial ownership in the UK and wrote to the overseas territories last year urging them to consider doing the same, arguing that public access to a central list is “vital to meeting the urgent challenges of illicit finance and tax evasion”. However, the Cayman Islands is one of several offshore territories – including the British Virgin Islands and Bermuda – that are refusing to implement the idea after consultation. // sanctions for the vulnerable, disabled, sick, deprived, in poverty going to the food bank without hot water or electricity. but no sanctions for Amazon, Starbucks, Vodafone, Boots, and Co. ... tending to those that donate and go out to vote.
tax  evasion  tax  avoidance  UK  corporate  tax  rate  David  Cameron  fairness  Wall  Street  shareholder  value  profit  maximisation  budget2015  budget  deficit  2015  Tories  Establishment  Privileged  No  Representation  social  contract  political  theory  Europe  USA  Super  Rich  1%  capital  gains  tax  tax  code  social  cohesion  austerity  social  tension  ethics  moral  beliefs  Thomas  Piketty  Joseph  Stiglitz  Robert  Reich  Mark  Blyth  exploitation  lobbyist  lobby  Lobbying  revolving  door  election  campaign  promises  general  election  2015  sanctions  double  standard  values  Generationengerechtigkeit  society  Iain  Duncan  Smith  DWP  babyboomers  economic  history  crony  capitalism  capitalism  vested  interest  interest  groups  bank  bailout  sovereign  debt  crisis 
september 2015 by asterisk2a
Thom Hartmann "The Crash of 2016" - YouTube
7:10 American Dream not abt being Super Rich, part of 1%, self-made millionaire. American Dream is abt live a good life, meaningful work. Launch children into world. Edu. Vacation. & Left over 4 retirement. having a voice; Workers Union. Health Care. Some little savings. Retirement Fund. // Wages did not keep up with productivity gains, if they had, minimum wage would be about $22! - bit.ly/1NZLVwc // 1trn$ in student loans/debt! that is what post-war gen had in assets! // (neoliberalism and neoconservative) Think Tanks; like Kato Institute, produce papers that are pushed to media 'getting our message across' (control media), also control over our justice system, & control over our education (our story, ie X Prof and read Ayan Rand). // Middle Class once invested in college & university. Was seen as intellectual class, society pillar. Till the last 32 years. // cites Fourth Turning book! // re-peat of 1929, = GFC // &! youtu.be/nUWaXZWhnqA &! youtu.be/polYrI4Us84
American  Dream  inequality  democracy  meritocracy  meritocratic  USA  Gini  coefficient  social  mobility  income  mobility  education  policy  neoliberalism  neoliberal  Wall  Street  profit  maximisation  shareholder  value  globalization  globalisation  Robert  Reich  productivity  output  gap  working  poor  precarious  work  Precariat  outsourcing  Zeitarbeit  Leiharbeit  part-time  squeezed  middle  class  Sozialer  Abstieg  skill-biased  technological  change  technological  progress  Robert  Skidelsky  Joseph  Stiglitz  wage  growth  crony  capitalism  Super  Rich  1%  lost  generation  lost  decade  GFC  recovery  western  world  developed  world  dot.com  reflate  reflation  credit  bubble  monetary  policy  fiscal  policy  austerity  bank  bailout  Generationengerechtigkeit  fairness  standard  of  living  student  loan  babyboomers  student  debt  disposable  income  discretionary  spending  zombie  consumer  status  anxiety  trickle-down  economics  economic  history  labour  market  labour  economics  job  creation  job  security  job  market  capital  gains  tax  lobbyist  lobby  Lobbying  Career  Politicians  No  Representation  social  contract  Gesellschaft  Lügenpresse  election  campaign  promises  manufactured  consent  world  wage  change 
september 2015 by asterisk2a
Richard Duncan: The Real Risk Of A Coming Multi-Decade Global Depression - YouTube
50 year long debt super cycle & credit bubble up-held. Put. // hasnt created inflation because of Globalisation = deflationary! [3bn ppl living on $2/day] Collapse of marginal cost of labour, offsetting inflation pressure of QE/NIRP/credit creation last decades. // Will eventually haunt people back once globalisation has run its way in ~100-75 years & the world is actually flat. energy cost 0, marginal cost 0, economics of abundance. // // min 23 AND because of this deflationary pressure of globalisation, excess capacity, etc lead to wage stagnation & or pressure to work 4 less (Contractor, Werkvertrag, Zeitarbeit, self-employment, Zero Hour Contract, outsourcing) and longer, in western world. Leads inevitably 2 being pushed into recession & avoiding that authorities always pushed button 4 more credit. Credit growth prevented western world not 2 be pushed into recession in last decades. 2010 Private Sector cant drive recovery! Massive Gov stimulus needed +10 years, not austerity!
debt  bubble  Super  Cycle  Greenspan-Put  Ben  Bernanke  fiat  currency  debt  monetisation  debt  monetization  deflationary  deflation  secular  stagnation  Abenomics  globalization  globalisation  Fed  centralbanks  BIS  economic  history  QE  ZIRP  NIRP  GFC  recovery  western  world  technological  progress  commodity  business  commoditization  economics  of  abundance  marginal  cost  Janet  Yellen  benbernanke  ECB  BOE  BOJ  monetary  policy  Zero  Hour  Contract  neoliberalism  neoliberal  Contractor  Zeitarbeit  Werkvertrag  self-employment  freelancing  freelance  wage  stagnation  wage  growth  disposable  income  discretionary  spending  dot.com  outsourcing  flat  world  credit  bubble  debt  servitude  consumer  debt  student  loan  debt  debtoverhang  sovereign  debt  crisis  student  debt  household  debt  private  debt  fiscal  policy  austerity  Richard  Koo  Mark  Blyth  Joseph  Stiglitz  Robert  Reich  productive  investment  underinvestment  infrastructure  investment  Paul  Krugman  shared  economic  interest  Industrial  Revolution  2.0  Smart  Grid  STEM  education  policy  value  creation  added  value  Manufacturing  3D  printing  energy  price  energy  policy  competitive  competition  competitiveness  competitive  advantage  R&D  Research  Public  Partnership  world  fiscal  d 
september 2015 by asterisk2a
International Focus - A History of Austerity - YouTube
fallacy of composition problem // short-term profit seeking and rent-seeking behaviour, underinvestment, no productive investment - especially long-term. // this underinvestment - public and private sector + market forces and technological progess will level the world and the China/Asia/LatAm rises up to the western world level while western world stays stagnant (loss of standard/quality of living competitively) because of being behind - software is eating the world, 3D printing, uncompetitive manufacturing and heavy industry/goods because of higher energy prices because of lack of investment in energy storage systems that are realized right now and backing off in investment in renewable energy and energy efficiency schemes (especially UK budget2015), automation, robotics, lack knowledge workforce to fill future digital/STEM/knowledge jobs, because of low social mobility, student debt, cuts in education - vocational - professional, as well as giving up on child poverty targets.
rent-seeking  austerity  economic  history  recovery  GFC  secular  stagnation  ideology  dogma  European  Union  UK  USA  2015  underinvestment  productive  investment  asset  allocation  short-term  thinking  short-term  view  hunt  for  yield  QE  ZIRP  NIRP  asset  bubble  speculative  bubbles  equity  bubble  bond  bubble  public  investment  infrastructure  investment  long-term  view  long-term  thinking  Career  Politicians  neoliberalism  neoliberal  No  Representation  academia  academics  Angela  Merkel  Wolfgang  Schäuble  Troika  IMF  OECD  ChristineLagarde  Richard  Koo  Paul  Krugman  Robert  Reich  Joseph  Stiglitz  sovereign  debt  crisis  zombie  banks  TBTF  too  big  to  jail  toobigtofail  bank  bailout  NPL  ECB  Fed  BOE  fiscal  policy  Pact  Schuldenbremse  manufactured  consent  corporate  state  propaganda  corporate  media  populism  PR  spin  doctor  Eurogroup  EuroFin  democracy  Generationengerechtigkeit  fairness  social  contract  crony  capitalism  deregulation  self-regulation  regulation  regulators  lobbyist  lobby  Lobbying  revolving  door  unintended  consequences  unknown  unkown  lost  decade  lost  generation  western  world  Developing  developed  world  Gini  coefficient  social  mobility  income  mobility  policy  in 
august 2015 by asterisk2a
Larry Lessig’s campaign to run as the “Referendum President” & restore representative democracy - YouTube
min 7 campaign finance and party / politician finance - voucher system (tax free, out of your tax, financed by all tax payers, distributed across all). give it to the party and politician/candidate u think will represent u. does what you think is right. 1 man one woman one (voting right 16), company got a voucher. no lobby org got vocher. its the people. // GroKo Germany election Merkel partied in Berlin in-front of her party. No in-front of the people. // 100bn in corporate subsidies per y in USA alone statistic via Kato Institute (liberal think tank) // the internet is both the best it possibly can be and the worst it possibly can be // Americans have no capacity to admit to their mistakes. // &! youtu.be/48OtjHGpcIQ - Referendum Candidate Lessig Would Consider Biden as VP
lobbyist  lobby  Lobbying  presidential  election  2016  Politics  reform  No  Representation  Career  Politicians  inequality  Super  Rich  1%  post-capitalism  crony  capitalism  Wall  Street  shared  economic  interest  shareholder  value  profit  maximisation  Paul  Mason  Jeremy  Corbyn  Elizabeth  Warren  Robert  Reich  GroKo  TTIP  TTP  CETA  NAFTA  climate  change  GFC  bank  bailout  Super  PAC  Generationengerechtigkeit  fairness  sovereign  debt  crisis  babyboomers  accountability  transparency  political  theory  social  contract  subsidies  subsidizing  Surveillance-Industrial  Complex  surveillance  state  Orwellian  Jim  Crow  military–industrial  Internet  Privacy  Net  Neutrality  Privacy  human  rights  Whistleblower  Chelsea  Manning  Edward  Snowden  Julian  Assange  NSA  Five  Eyes  interest  groups  interestgroups  vested  interest  GCHQ  USA  UK  Secret  Courts  FISA  Court  FISAAA  Wikileaks  BND  deceiving  Drone  Strike  Drone  Warfare  Zivilgesellschaft  Zivilcourage  Bürgertum  civil  liberty  civil  courage  civil  society  civil  rights  Gesellschaft  Wegwerfgesellschaft  climate  crisis  economic  damage  capitalism  exploitation  Iraq  War  9/11  False  Flag  Torture  War  on  Terror  aspirational  economic  F 
august 2015 by asterisk2a
John Ralston Saul: The Collapse of Globalism - YouTube
the source of legitimacy is economics and only one source/type of economic thinking // TTIP & Co erase governments! // globalisation hailed promises, empty promises. // the more they say its inevitable, the more you know its the way out. // bailout for one side of society, and austerity for the others // no shared economic interest !!! rootless tax evaders global corporations are not stakeholders in country X // where does the power go? decision and policy making? to those with money and influence and network! - thus not the citizens // "we are in a post-globalist world" really? why is there then TTIP? Austerity is currently taking over the vacuum! // neoliberalism pouted and propagandated by fear induced monologues by Career Politicians (GFC) // money has no moral limits nor conscience !!! // great moderation and unfettered globalisation & financial realm (masters of the universe) - Alan Greenspan & Ben Bernanke >> extremes (ideology) break down (GFC) // austerity doesn't work!
globalisation  globalization  economic  history  GFC  recovery  austerity  liberal  economic  reform  book  democracy  human  capital  deregulation  lobbyist  lobby  Lobbying  No  Representation  Career  Politicians  economic  model  trickle-down  economics  borderless  TTIP  flat  world  income  growth  western  world  Gini  coefficient  Consumer  Protection  CETA  NAFTA  USA  social  cohesion  social  contract  social  tension  crony  capitalism  Wall  Street  profit  maximisation  shareholder  value  Davos  1%  Super  Rich  Thomas  Piketty  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  bailout  too  big  to  jail  toobigtofail  TBTF  PIGS  IMF  Bank  education  policy  vocational  education  underinvestment  productive  investment  Industrial  Revolution  2.0  Future  of  Work  tax  evasion  tax  avoidance  tax  code  stakeholder  Margaret  Thatcher  Angela  Merkel  David  Cameron  George  Osborne  neoliberal  neoliberalism  academia  academic  alangreenspan  Ben  Bernanke  benbernanke  Great  Moderation  zombie  banks  ideology  individuality  sociology  society  psychology  gesellschaft  western  society  capital  gains  self-regulation  regulation  regulators  Bank  Oversight  revolving  door 
may 2015 by asterisk2a
5 Things Everyone Needs to Know About Baltimore | Alternet
http://www.alternet.org/racism-real-real-reason-behind-baltimore-uprising // &! http://www.alternet.org/news-amp-politics/david-simon-my-country-horror-show "I don't think it's unique to America. [...] And that notion that capital is the metric, that profit is the metric by which we're going to measure the health of our society is one of the fundamental mistakes of the last 30 years. I would date it in my country to about 1980 exactly, and it has triumphed. [...] But the idea that it's [capitalism] not going to be married to a social compact, that how you distribute the benefits of capitalism isn't going to include everyone in the society to a reasonable extent, that's astonishing to me." nicht teil haben an der Gesellschaft. // &! alternet.org/economy/5-ways-its-become-crime-be-poor-america-punishable-further-impoverishment &! &! bit.ly/1EVuyKz &! bit.ly/1bFWwfU "Perspektivlosigkeit, Wut und Paranoia"
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may 2015 by asterisk2a
Super-rich have doubled their wealth since economic crisis | The Sunday Times
The total wealth of the richest 1,000 individuals and families in Britain has more than doubled in the last 10 years to £547bn, the survey reported. // work is disproportionally taxed compared to capital and capital gains.
Super  Rich  1%  UK  Gini  coefficient  income  inequality  social  mobility  income  mobility  austerity  capital  gains  recovery  GFC  squeezed  middle  class  tax  free  income  tax  avoidance  tax  evasion  tax  code  taxation  Policy  Makers  David  Cameron  Toff  Privileged  Establishment  education  lost  decade  lost  generation  social  cohesion  No  Representation  trust  distrust  trustagent  Career  Politicians  Western  World  economic  history  Thomas  Piketty  Joseph  Stiglitz  Robert  Reich  living  wage  Software  Is  Eating  The  World  deflationary  deflation  secular  stagnation  flat  borderless  globalisation  globalization  Future  of  Work  Mobile  Creatives  Mobile  Creative  marketplace  efficiencies  marketplace  Industrial  Revolution  2.0  Industrial  Revolution  folly  error  sovereign  debt  crisis  bond  bubble  equity  bubble  unintended  consequences  complexity  IMF  OECD  ZIRP  NIRP  QE 
april 2015 by asterisk2a
Live chart: The low countries - YouTube
Timothy Geithner says no risk of U.S. losing it's AAA credit rating - http://youtu.be/0HDCvqgxrrE || Geithner: Japan's 'Lost Decade' Not America's Fate - http://youtu.be/fax8BIPKcP8 "the hope it's gonna heal itself, to hope you can grow yourself out of it" growing your way out of it" || +!!! Timothy Geithner Fired Robert Shiller? http://youtu.be/bIwBEYoSqKY >> economics has no humans in it !!! no real world example. Conventional wisdom so strong. "We've got too scientific." And anybody who is 'flaky' gets pushed out [Robert Schiller]. >>Wenn du dich auf andere verlaesst, bist du verlassen.<< || Robert Shiller: Speculative Asset Prices - http://youtu.be/oBXPOWytDMs "present value". google.co.uk/search?q=present+value+Robert+Schiller || + Robert Shiller: Nobel Prize Winning Economist - http://youtu.be/ABvtKGrIDUs "it can't be an exact science (forecasting) because of the complexity, mass data; uncertain, certain, and data that can't be put in numbers, storystelling -> feedback loops ...
bond  bubble  Japan  USA  UK  Europe  Germany  hunt  for  yield  lost  decade  lost  generation  deflation  deflationary  liquidity  trap  financial  repression  economic  history  Tim  Geithner  Timothy  Geithner  austerity  balance  sheet  recession  Richardkoo  Richard  Koo  creditrating  creditrisk  debt  monetization  debt  monetisation  QE  ZIRP  NIRP  monetary  transmission  mechanism  monetary  policy  monetary  stimulus  unconventional  monetary  policy  monetary  theory  Super  Cycle  debt  jubilee  GFC  deleveraging  debtoverhang  Career  Politicians  Makers  policy  folly  policy  error  toobigtofail  TBTF  systemrelevanz  Lobbying  lobbyist  lobby  fiscal  stimulus  fiscal  sovereignty  PIGS  sovereign  debt  crisis  Thomas  Piketty  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  savings  glut  faultlines  Structural  Impediments  unemployment  deficit  imbalance  GDP  economic  model  Robert  Skidelsky  Robert  Reich  Paul  Krugman  consumer  debt  public  debt  debt  restructuring  household  debt  zombie  banks  creditcrunch  creditcrisis  ECB  BOE  BOJ  Abenomics  Fed  BuBa  leadership  Democratic  Process  democracy  trust  trustagent  confidence  greatrecession  greatdepression  history  evolution  Why  Software  Is  Eating  the  Software  Is  Eating  skill-biased  techn 
june 2014 by asterisk2a
Zinsentscheid der EZB: Draghi plant Minus vor Zinssatz - SPIEGEL ONLINE
Schon immer ließ sich das Ende eines Systems besonders schwer erkennen, wenn man Teil des Systems ist. Im Jahre sieben nach Ausbruch der Finanzkrise ist es langsam Zeit für die Frage: Was, wenn die vermeintliche Ausnahme in Wahrheit die Regel ist? Wenn es sich bei der Kombination aus niedrigen Zinsen, niedrigem Wachstum und niedriger Inflation, die weite Teile Europa seit 2008 ebenso im Griff hält wie die USA und Japan, um die neue Normalität handelt? Wenn das seit Jahrzehnten praktizierte westliche Wirtschaftsmodell, sich immer niedrigere Wachstumsraten mit immer höheren Staatsschulden zu erkaufen, an seinem Schlusspunkt angelangt ist? +++ http://bit.ly/SxhnZq "Nicht Europa ist am Ende - sondern der Kapitalismus, so wie wir ihn kennen. [...] Im angelsächsischen Finanzkapitalismus wachsen die Vermögen der Reichen und stagnieren die Einkommen der anderen." [...] [EU Election Result is a vote] gegen das ungerechte Wirtschaftssystem, das ihre Lebensgrundlage gefährdet.
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june 2014 by asterisk2a
Paxman interviews economist Thomas Piketty - Newsnight - YouTube
IT IS ALL A MATTER OF DEGREE. thus you have to marry liberalism & conservatism, throw the junk out. u get liberal-conservatism. The rise of the working poor & squeezed middle class had not been good 4 economic growth & vitality. || +Thomas Piketty on Wealth, Income and Inequality >> watch?v=zytqTSh3oGw || + http://www.huffingtonpost.com/2014/05/01/thomas-piketty-cold-war_n_5247373.html || + http://www.npr.org/2014/05/11/310784652/on-income-inequality-a-french-economist-vs-an-american-capitalist << Edward Conard WRONG! || +++ What the 1% Don't Want You to Know with Paul Krugman - watch?v=QzQYA9Qjsi0 "All men are created equal" NO MORE. 'commanding heights' >> https://www.youtube.com/results?search_query=commanding+heights+documentary + market income inequality vs disposable income inequality http://bit.ly/1ollCVp ... "We live in such an ugliness in America." || Wealth Concentration is a agglomeration of Politica & Public Policy Power. || + Robert Reich >> v=q-rpkZe2OEo || v=heOVJM2JZxI
Thomas  Piketty  economic  history  inequality  income  inequality  income  mobility  social  mobility  Gini  coefficient  gender  inequality  gender  equality  equality  book  extremism  extrem  economics  ethics  moral  beliefs  trickle-down  economics  corporate  governance  governance  democracy  Politics  Career  Politicians  lobby  Lobbying  lobbyist  Political  System  accountability  transparency  income  redistribution  wealth-distribution  transferring-wealth  wealth  distribution  GDP  Super  Rich  property  rights  crony  capitalism  capitalism  working  poor  squeezed  middle  class  middle  class  josephstiglitz  Joseph  Stiglitz  paulkrugman  Paul  Krugman  Robert  Reich  disposable  income  wealth  redistribution  transfering  wealth  social  safety  net  Grundeinkommen  tax  credit  tax  free  income  Unconditional  Basic  UBE  progressive  kalte  Progression  coldprogression  history  trustagent  distrust  trust  confidence  Mobile  Creatives  Mobile  Creative  skill-biased  technological  change  skill  skills  capital  skills  knowledge  worker  White-collar  Blue-collar  taxevasion  taxavoidance  net  wealth  offshore  banking  extreme  concentration  of  wealth  happiness  happiness  index  G  Zero  G20  global  registery  of  financial  assets  corruption  job  creation  on  job  training  job  market  Patrimonialism  patrimonial  capitalism  eureka  wealth  working  inher 
may 2014 by asterisk2a
Thomas Piketty: on tour with the 'rock-star economist' -video | Business | theguardian.com
Thomas Piketty. funny thing, at this meeting in min 3. no handshake, no spreading germs. less sick days. ;) ... +++ Faisal Islam on The Default Line - video interview - http://www.theguardian.com/business/video/2013/aug/16/faisal-islam-default-line-video || + Michael Lewis: the stock market is rigged – video interview - http://www.theguardian.com/business/video/2014/apr/30/michael-lewis-the-stock-market-is-rigged-video-interview ||
Thomas  Piketty  Robert  Reich  Book  documentary  Gini  coefficient  post-recession  post-crisis  GVC  greatrecession  greatdepression  recovery  2014  income  inequality  income  mobility  coldprogression  kalte  Progression  social  mobility  low-income  income  growth  income  distribution  tax  free  income  disposable  income  crony  capitalism  greed  Super  Rich  corporate  governance  journalism  journalismus  speculative  bubbles  property  bubble  economic  history  long-term  thinking  accountability  governance  public  policy  policy  error  policy  folly  policy-makers  lostdecade  lostgeneration  long-term  unemployment  underemployed  structural  unemployment  youth  unemployment  unemployment  Europe  USA  UK  sovereign  debt  crisis  democracy  inequality  Faisal  Islam  generational  contract  Environmental  Movement  disaster  Millennials  generationy  babyboomers  HFT  WallStreet  toobigtofail 
may 2014 by asterisk2a
Why Americans Are Moving Less: New Jobs Aren't Worth It - Richard Florida - The Atlantic Cities
[symptom of the working poor and squeezed middle class and wage stagnation || http://youtu.be/_k9q8rBfRVY + http://youtu.be/akVL7QY0S8A + http://youtu.be/nIimu0LF4JA + http://youtu.be/BOMoC0_m5pQ // Americans are moving less—and not as far—because it's not nearly as worthwhile economically. Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven by those seeking better job opportunities. Since the 1980s, neither the job opportunities nor the potential for better wages have made such moves worth it, according to the study. It finds that by 2013 the rate of interstate relocations had fallen 51 percent below its 1948 to 1971 average levels, the peak years for such longer-distance moves.
working  poor  squeezed  middle  class  wage  stagnation  inequality  income  mobility  income  inequality  social  mobility  USA  fiscal  policy  public  policy  Gini  coefficient  middle  class  Robert  Reich  economic  history  Thomas  Piketty  economics  microeconomic  policy  microeconomics  macroeconomic  policy  macroeconomics  elizabethwarren  Elizabeth  Warren  babyboomers  generational  contract  Debt  Super  Cycle  sovereign  crisis  private  consumer  bubble  jubilee  zombie  consumer  Consumerism  productivity  minimum  wage  living  wage  secular  stagnation  stagnation  labour  market  labour  market  participation  Super  Rich  lobby  Lobbying  lobbyist  crony  capitalism  revolving-door  presidency  barackobama  Career  Politicians  accountability  transparency  democracy  corporate  governance  governance  job  market  job  creation  skill-biased  technological  change  skills  knowledge  worker  White-collar  Blue-collar  Higher  Education  bubble  formal  cost  Apprenticeships  on  job  training  Germany  UK  Europe 
april 2014 by asterisk2a
IMF study finds inequality is damaging to economic growth | Business | The Guardian
International Monetary Fund paper dismisses rightwing argument that redistributing incomes is self-defeating. [...] It is 18 months since the IMF published its controversial view that government cuts to public-sector spending were having a larger detrimental effect than previously thought. The paper, written by its chief economist, Olivier Blanchard, was incendiary and sparked denials in London and Brussels where calls for austerity were strongest. [...] In an interview later Ostry said it was his belief that the inclusion of higher welfare payments would only support the argument in favour of redistribution. [... as there is a welfare, social security, pension payment cap on income in some of the G8 if I remember right, ie Germany for sure! ...] + http://www.ted.com/talks/richard_wilkinson "Richard Wilkinson: How economic inequality harms societies"
IMF  IWF  economic  history  income  mobility  income  inequality  income  distribution  income  redistribution  taxation  OECD  G8  tax  credit  tax  free  income  USA  UK  Germany  social  society  social  science  happiness  josephstiglitz  paulkrugman  Robert  Reich  Gini  coefficient  Robert  Skidelsky  GDP  public  policy  income  gap  macroeconomic  policy  macroeconomics  microeconomic  policy  microeconomics  inequality  gender  inequality  child  poverty  food  poverty  poverty  poverty  in  old  age  working  poor  middle  class  squeezed  middle  class  kalte  Progression  austerity  society  social-safety-net  mental  health  mental  illness  unequal  society  trust  distrust  socialsystem  Nordics  Japan  social  dysfunction  welfare  welfare  state  state  benefits  healthcare  prejudice  judgement  beauty  standard  body  image  Depression  social  study  social  status  Oxidative  stress  stress  Self-esteem  Richard  Wilkinson  public  health  policy  public  health  chronic  diseases  chronic  stress  sustainability  sustainable 
march 2014 by asterisk2a
INEQUALITY FOR ALL - Upward Mobility on Vimeo
This is a clip from the Robert Reich film "Inequality for All." You can see or order the whole film here. It's also available to watch instantly on Amazon, or you can get the DVD from Netflix. It is truly worth your time to see the whole movie — I promise! Fact-checks by Robert Reich's very capable crew. + http://youtu.be/QPKKQnijnsM - Twitter user GroteMond has rightly pointed out that socialism isn't technically equal distribution of wealth. However, in the case of this video, the video creator is referring to the majority of Americans' perception of what socialism is, not what it actually is. So yes, there's yet another thing we are generally misinformed about. + http://youtu.be/qSjGouBmo0M USA Healthcare + http://youtu.be/ZuhYRZRfTuY
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february 2014 by asterisk2a

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