asterisk2a + market   513

Is Britain's housing bubble turning Japanese? - Renegade Inc
Britain is in the grip of a housing crisis. But contrary to some Daily Mail speculators, the bricks and mortar economy is not going the way of Japan, circa 1990. Economist Neil Wilson explains why the same economic and political forces suppressing Japanese property prices will keep British prices artificially inflated for the foreseeable future. [...] The British building industry has heavily consolidated over the past twenty years, creating an Oligopoly [...] Britain is in the grip of a housing crisis. Yet successive governments have allowed this land speculation to flourish. Industry press releases deflect the blame to local council “red tape”, while sitting on thousands of hectares lying undeveloped “until market conditions improve”.
UK  free  market  Brexit  Housing  Crisis  Oligopol  affordable  social  Council  Austerity  Lobby  Competition  self-regulation  Regulation  regulators 
august 2017 by asterisk2a
Naomi Klein: ‘Trump is an idiot, but don’t underestimate how good he is at that’ | Books | The Guardian
One essential ingredient of resistance, she suggests, is to retain a belief in telling and understanding complex stories, keeping faith with narrative.

One of the questions that Klein’s book does not reach a conclusion about is how conscious Trump is of his shock doctrine tactics. Is he a demagogue in the scheming manner of Putin and Erdoğan, or just a useful idiot for the forces around him?
Naomi  Klein  Shock  Doctrine  book  narrative  Storytelling  GE2017  BTW2017  Brexit  Populism  demagogue  demagoguery  Nationalism  DonaldTrump  Donald  Trump  1%  Super  Rich  Plutocracy  Oligarchy  Austerity  Lobby  Stories  Privatisation  Free  Market  neoliberal  neoliberalism  No  Representation  globalisation  Trade  NAFTA  CETA  TTIP  TISA  Chicago  School  Margaret  Thatcher  Reagan  Milton  Friedman  Expert  GFC  bank  bailout  economic  history  Marxism  Karl  Marx  Socialism  inequality  poverty  trap  social  mobility 
june 2017 by asterisk2a
Britain is being led to an epic act of national self-harm over Brexit | Will Hutton | Opinion | The Guardian
Equally, a quarter of British exports with the EU pass through one single port, Calais – £3bn a month – with zero border controls or inspection. Who in Calais is going to inspect these goods to see if they correspond to EU rules if we crash out with no deal? Has France any interest in investing quickly in the customs structure to keep British exports flowing? The M20 and M2 will become gigantic truck parks as drivers wait to be inspected. [...] Nothing is being done at all. Mrs May and her breezy lead negotiator, David Davis, offer platitudes about Britain embracing the globe and no deal being better than a bad deal, but even the most innocent negotiator in the EU team can see this is vainglorious posturing. They are betting on a deal being struck – negotiators with few cards, nor making sure they hold better ones. As matters stand, the consequence of no deal would be calamitous.
Brexit  Customs  Union  David  Theresa  May  BadDealNoDeal  WTO  Single  Market  EU 
june 2017 by asterisk2a
The ten graphs which show how Britain became a wholly owned subsidiary of the City of London (and what we can do about it) – New thinking for the British economy
[ uk banks overinvested enabled by political policy into houses and high streets. underinvested in productive capital like R&D companies in general etc ] >> But it doesn’t increase the productive capacity of the economy one iota: a more expensive house doesn’t produce more intelligent children, and a higher share price doesn’t boost a company’s productivity (though it can indirectly boost its capacity to raise funds for investment). [...] Debt-financed asset purchases are thus fundamentally a Ponzi activity: // not just tight housing supply is increasing prices, but also easy credit/debt/mortgage market! // [...] ultimately, there is a limit to just how much debt individuals and corporations can take on – even with low interest rates
UK  ZIRP  NIRP  QE  housing  market  mortgage  household  consumer  debt  disposable  income  servitude  GFC  recovery  wage  growth  Ponzi  asset  capital  Kapital  BOE  credit  card  affordable  social  servicing  default  rate  insolvency  speculation  unintended  consequences  economic  history  consumption  secular  stagnation  Brexit  policy  fiscal  monetary  Mark  Carney  underinvestment  productivity  R&D  Career  Politicians  Margaret  Thatcher 
may 2017 by asterisk2a
Breast surgeon Ian Paterson inquiry pledge from Tories - BBC News
[ statistics from USA reveal that money is wasted on unnecessary ops and medication, then on management of them, then on billing them ] She said she hoped it would reveal why Paterson was allowed to operate for so long with impunity, but called for the inquiry to be held in public so a "bright light be shone into the way the NHS and private practice is being run which allows such things to happen". [...] The Heart of England NHS Trust has paid out almost £18m in damages and legal costs to hundreds of his former patients. These cases did not form part of the criminal proceedings.
An independent report into his work in 2013, by lawyer Sir Ian Kennedy, found concerns dated back to 2003 but were not dealt with for four years.
NHS  Privatisation  Cancer  Tories  nasty  party  Conservative  Jeremy  Hunt  Simon  Stevens  David  Cameron  George  Osborne  free  market  Theresa  May  GE2017  Brexit  CVD 
may 2017 by asterisk2a
Privatisation of the NHS: Allyson Pollock at TEDxExeter - YouTube
CCG is a cover for insurance market. choice of most profitable patient.
NHS  Privatisation  Market  CCG  GP  UK  STP  Austerity 
april 2017 by asterisk2a
Lords coalition set to fight for amendments to Brexit bill | Politics | The Guardian
The Labour frontbench is seeking concessions such as guaranteeing the rights of EU nationals in the UK, an amendment that was rejected in the Commons, and securing a more meaningful vote for parliament at the end of two-year negotiations, for which there may well be a majority.
Brexit  House  of  Lords  UK  Commons  EEA  Single  Market  WTO 
february 2017 by asterisk2a
Brexit: Fresh legal challenge blocked by High Court - BBC News
A group of campaigners who want Britain to stay in the EU single market argued that Parliament must approve the UK's exit from the European Economic Area.
But the judges refused to give the green light for the challenge, saying they would give their reasons later.
Brexit  Single  Market  European  Union  FoM  Freedom  of  Movement  UK  trade  deal  EU 
february 2017 by asterisk2a
Vince Cable: assurances to Nissan means UK will stay in customs union | Business | The Guardian
Theresa May’s assurances to Nissan that the car industry will remain competitive after Brexit point to a promise that the UK will be staying in the EU customs union, according to Sir Vince Cable.

Cable, who was business secretary throughout the coalition government, said this was the most probable rationale as the industry would need assurances there would be no tariff regime and that its supply chain would not be subject to rules of origin checks.
Brexit  Theresa  May  Nissan  Customs  Union  Single  Market  European  Boris  Johnson  David  Davis  Liam  Fox 
october 2016 by asterisk2a
Keiser Report: Gold & World’s Debt Problems (Summer Solutions series E940) - YouTube
deflationary trap/liquidity trap - orthodox monetary policy w austerity = stagnation. & west is exporting deflation. // if it is good for consumers ... break up banks. // hedging is BS ... you double the system you double the risk. [...] banks are now bigger! ... ban most derivatives, and reintroduce glass stegall // Black-Schoeles - there is no such think as risk free rate and no such thing as the past reflect the future. risk is not equally distributed. [...] VAR is flawed. //
deflation  deflationary  NIRP  currency  war  currency  debasement  ZIRP  QE  Helicopter  Money  secular  stagnation  western  world  Abenomics  BOE  BOJ  Fed  ECB  economic  history  Richard  Koo  liquidity  trap  debt  overhang  balance  sheet  recession  consumer  debt  household  debt  mortgage  mortgage  market  mortgage  rates  distortion  hunt  for  yield  credit  boom  credit  bubble  PBOC  China  reflate  reflation  squeezed  middle  class  wage  growth  income  growth  income  distribution  income  disparity  working  poor  Precariat  Brexit  GFC  too  big  to  jail  productive  investment  underinvestment  austerity  history  productivity  gap  financial  instruments  investment  banking  global  economy  globalisation  globalization  derivatives  output  gap  productivity  recovery  neoliberal  neoliberalism  Chicago  School  neoclassical  economics  deregulation  Wall  Street  speculative  bubble  property  bubble  Beton  Gold  Betongold  stagnation  aggregate  demand  aggregate  demand  short-fall  too  big  to  bail  too  big  to  fail  TBTF  complexity  systemic  risk  systemrelevant  systemicrisk  systemrelevanz  zombie  bank  zombie  banks  non-performing  loan  leverage  hedge  Glass-Steagall  Black-Scholes  Equation 
july 2016 by asterisk2a
Brexit und Italien-Krise: Euro-Gruppen-Chef schließt neue Bankenrettung aus
[ EXPOSURE TO ITALY BANKS ] Euro-Gruppen-Chef Jeroen Dijsselbloem lehnt ein neues Bankenrettungsprogramm ab. "Die Probleme müssen in den Banken geregelt werden", sagte der Niederländer beim Treffen der Eurofinanzminister am Montag in Brüssel. Die Einfachheit, mit der einige Banker mehr öffentliche Gelder forderten, um ihre Probleme zu lösen, sei problematisch. "Das muss ein Ende haben." // http://www.welt.de/finanzen/article156924408/Deutsche-Bank-Chefoekonom-fordert-150-Milliarden.html - Der Kursrückgang bei Bankaktien sei nur das Symptom eines viel größeren Problems, nämlich einer fatalen Kombination aus schwachem Wachstum, hohen Staatsschulden und einer Nähe zur gefährlichen Deflation.
contagion  European  integration  banking  union  Wolfgang  Schäuble  Italy  Germany  repo  Brexit  secular  stagnation  austerity  ECB  European  bank  bailout  systemic  risk  systemicrisk  systemrelevant  systemrelevanz  European  Supervision  reflate  reflation  bank  restructuring  Oversight  MarioDraghi  Mark  Carney  trust  interbank  lending  interbank  market  overnight  deposit  facility  deflation  deflationary  sovereign  debt  crisis  PIGS  Greece  Angela  Merkel  UK  economic  history 
july 2016 by asterisk2a
The U.K. Can’t Block Immigration If It Wants To Keep Its Finance Industry | FiveThirtyEight
The Brexit vote will force the next U.K. prime minister to make a significant choice: Whether to control immigration into the country, or preserve the pre-eminence of the country’s financial center, known as the City of London. Doing both appears to be infeasible. //&! https://twitter.com/ianbremmer/status/750424140268666880
Brexit  Freedom  of  Movement  City  of  London  UK  immigration  Single  Market  Article  50  European  Union  WTO  trade  agreement 
july 2016 by asterisk2a
Theresa May accused of treating EU migrants as a pawn in Brexit talks | Politics | The Guardian
The home secretary is facing intense political pressure to give cast iron assurance that the rights of EU migrants to remain in the UK would not be used as a bargaining chip in any future Brexit talks with the European Union.

Theresa May was accused of treating millions of EU citizens as a pawn in a wider Brexit negotiation. She said it was her intention that EU citizens should remain but said their rights would be a factor in any talks.

Tories urged to offer assurances to EU citizens living in UK
Read more
The British government, including May, has been reluctant to give guarantees for EU citizens because it has yet to be given parallel assurances about the rights of UK citizens in the EU.
Brexit  game  theory  Freedom  of  Movement  EEA  Single  Market  free  trade  free  trade  agreement  European  Union  UK  Career  Politicians  politician 
july 2016 by asterisk2a
EU tells Swiss no single market access if no free movement of citizens | World news | The Guardian
A British Influence poll showed a majority of UK citizens are heavily opposed to the ejection of EU citizens from the UK.

UK politicians will argue they cannot make guarantees about the status of EU migrants in the UK until similar guarantees are made by the EU about the status of Britons living there, or they would be unilaterally throwing away one of their few negotiating cards.
Brexit  immigration  Freedom  of  Movement  Single  Market  free  trade  free  trade  agreement  UK  Switzerland  EEA 
july 2016 by asterisk2a
Keiser Report: Your Special Brexit Coctail (E932) - YouTube
// housebuilding shares hammered. property funds close redemption possibility bc of too much redemption - bank run - funds have to sell some investments at a loss to repay investors. // what is weighting UK economy is too much debt to gdp (bank bailout), consumer credit (boe sounded alarm bells before brexit vote) and too much leverage. //&! Planet Ponzi Paperback (2012) by Mitch Feierstein //&! UK better out w problems of PIGS, Italy, and banking problem.
Brexit  ZIRP  NIRP  QE  asset  allocation  property  bubble  speculative  bubble  speculative  bubbles  mortgage  market  City  of  London  RBS  BOE  Mark  Carney  Help  to  Save  Help  to  Buy  Scheme  Funding  for  Lending  Scheme  Right  to  Buy  distortion  George  Osborne  David  Cameron  Centrist  austerity  Housing  Crisis  Conservative  Party  book 
june 2016 by asterisk2a
Boris Johnson breaks silence to set out leadership platform
Johnson pledges points-based immigration system and continued UK-EU trade [...] Johnson claimed Britain will be able to introduce a points-based immigration system while maintaining access to the European single market. [...] “There will still be intense and intensifying European cooperation and partnership in a huge number of fields: the arts, the sciences, the universities, and on improving the environment. “EU citizens living in this country will have their rights fully protected, and the same goes for British citizens living in the EU. [...] “Yes, the Government will be able to take back democratic control of immigration policy, with a balanced and humane points-based system to suit the needs of business and industry. //&! http://www.telegraph.co.uk/news/2016/06/26/i-cannot-stress-too-much-that-britain-is-part-of-europe--and-alw/
Boris  Johnson  Conservative  Party  Brexit  Freedom  of  Movement  immigration  Single  Market  WTO  free  trade  free  trade  agreement  European  Union 
june 2016 by asterisk2a
The Fix: Can The Junior Doctors' Strike Save The NHS? ( Novara Media )
new junior doc contract is a back door to privatisation in the future. those new contracts. [...] some areas of healthcare will always be unprofitable ... [...] 7 day NHS is smokescreen [...] stealth cuts (pay and pension already, now contracts, and also the bursaries turned into debt contracts thus that item off the gov balance sheet) [...] "need to treat the public as grown ups ... that is how much health care for a sick and old population cost." [...] "we need honesty"
Junior  Doctor  Junior  Doctor  Contract  Junior  Doctors  NHS  NHS  England  Jeremy  Hunt  locum  locum  staff  staff  morale  staff  shortage  austerity  health  care  budget  health  care  cost  health  care  demand  health  care  spending  ageing  population  demographic  bubble  OAP  diet-related  disease  chronic  disease  complex  condition  complex  needs  elderly  care  adult  social  care  cancer  obesity  heart  disease  overweight  chronic  low-grade  inflammation  high  blood  pressure  cholesterol  Privatisation  privatization  PFI  scandal  single-payer  healthcare  Workers  Union  Trade  Union  neoliberal  neoliberalism  free  market  George  Osborne  David  Cameron  nasty  party  Conservative  Tories  general  election  2015  election  campaign  promises  Manifesto  Toff  Privileged  Establishment  No  Representation  health  inequality  Career  Politicians  health  crisis  sick  population  prevention  GP  A&E 
april 2016 by asterisk2a
The tech industry has cut a Google’s worth of jobs in the past 12 months
bigger companies, more profitable products, with less people. // “It would be wrong to assume that increased job cuts are a sign of weakness in the tech sector,” Challenger, Gray & Christmas CEO John Challenger said in a statement. “The simple fact is that the industry is going through a transformation and companies either have to shift their focus or risk extinction. We will always need technology, but how we interact with it, as well as where and when we interact with it, are changing rapidly.” //&! http://recode.net/2016/04/19/intel-chipmaker-mobile-earnings-restructuring/ - Intel missed the mobile revolution. Now it faces its day of reckoning.
Silicon  Valley  Unicorn  Instagram  WhatsApp  productivity  Software  Eats  The  World  Software  Is  Eating  The  World  Software  Revolution  Software  Development  Slack  Facebook  profit  maximisation  profit  maximization  winner  take  all  IBM  Intel  Microsoft  Salesforce  antitrust  overhead  cost  center  AWS  cloudcomputing  Cloudstorage  Netflix  Amazon  Azure  Google  Cloud  Google  Inc.  Alphabet  Inc.  Oracle  Mobile  Creative  scalability  scaling  scale  Snapchat  Twitter  Apple  automation  robotics  AI  artificial  intelligence  3D  printing  autonomous  cars  self-driving  cars  labour  market  job  market  skill  gap  skills  gap  homescreen 
april 2016 by asterisk2a
Revolutionary politics in the UK
// yanis is liberal marxist // &! Will John McDonnell's fiscal rules work for Labour? Paul Mason Vs John Rentoul - youtu.be/0EISho5eSUc - OBR econometrics dictated by Treasury, George Osborne w wonky multipliers that don't fit w IMF models. IMF calls for fiscal stimulus! since late 2015 because China's credit bubble popped and global economy started to head south.
Yanis  Varoufakis  Paul  Mason  Labour  Party  Jeremy  Corbyn  Bernie  Sanders  Marxism  democracy  No  Representation  Super  Rich  1%  oligarchy  plutocracy  tax  evasion  tax  amnesty  tax  avoidance  Soziale  Marktwirtschaft  fairness  Social  Justice  economic  bank  bailout  GFC  austerity  Generationengerechtigkeit  revolving  door  lobby  Greed  crony  capitalism  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  Wall  Street  Main  Street  squeezed  middle  class  working  poor  Precariat  poverty  trap  economic  history  UK  globalisation  globalization  global  economy  self-regulation  deregulation  regulation  regulators  secular  stagnation  trickle-down  economics  free  market  exploitation  liberal  economic  reform  self-employment  job  security  job  insecurity  Zero  Hour  Contract  antitrust  winner  take  all  gini  coefficient  inequality  deprivation  poverty  John  McDonnell  austerity  aggregate  demand  Richard  Koo  Joseph  Stiglitz  Schuldenbremse  Fiscal  Pact  economic  history  neoliberal  neoliberalism  OBR  Chicago  School  neoclassical  economics  infrastructure  investment  liquidity  trap 
april 2016 by asterisk2a
IMF urges more spending to boost growth
Fund’s steering committee calls for more forceful stimulus and warns monetary policy alone is not enough //&! http://www.theguardian.com/business/imf //&! bit.ly/1V9pfhD - IMF chief: regulators long 'alarmed' over Panama's handling of taxation. Christine Lagarde responds to Panama Papers revelations, noting that authorities were concerned but did not take ‘expected’ action.
secular  stagnation  Panama  Papers  tax  evasion  tax  amnesty  tax  avoidance  corporate  tax  rate  labour  market  job  market  Service  Sector  Jobs  income  tax  receipts  budget2016  George  Osborne  David  Cameron  general  election  2015  general  election  2020  election  campaign  promises  Party  Funding  Richard  Koo  Confidence  Fairy  austerity  underinvestment  Generationengerechtigkeit  triple-lock  pension  fairness  Generation  Rent  Housing  Crisis  property  bubble  USA  UK  reflation  reflate  fiscal  policy  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  GFC  sovereign  debt  banking  bank  bailout  job  creation  squeezed  middle  class  working  poor  disposable  income  discretionary  spending  IMF  OECD  credit  bubble  China  BRIC  recovery  Germany  economic  history  2016  Niall  Ferguson  budget  deficit  offshore  banking  investment  banking  TBTF  self-regulation  Greed  crony  capitalism  shareholder  capitalism  globalisation  globalization  global  economy  Oil  price  commodity  prices  ChristineLagarde  inequality  Gini  coefficient  income  mobility  social  mobility  low  pay  low  income  tax  credit  child  poverty  food  poverty  health  care  cost  health  care  demand  western  world  European  Union  Brussels  Brexit  Grexit  sick  population  health  economic  Union  Union  investment  policy  fiscal  me 
april 2016 by asterisk2a
Capitalism and Mental Health: How the Market Makes Us Sick
POVERTY TRAP! // we were never as miserable as a nation as ever before.
profit  maximisation  profit  maximization  underinvestment  austerity  shareholder  capitalism  capitalism  in  crisis  capitalism  capitalist  working  poor  Precariat  squeezed  middle  class  status  anxiety  materialism  consumerism  consumerist  well  being  mental  health  burnout  work  life  balance  exploitation  exploited  part-time  part-time  employment  Contractor  self-employment  Soziale  Marktwirtschaft  cortisol  poverty  trap  poverty  child  poverty  low  pay  low  income  shareholder  value  Wall  Street  disposable  income  discretionary  spending  Robert  Skidelsky  Slavoj  Žižek  Disabled  vulnerable  DWP  WCA  Iain  Duncan  Smith  Stephen  Crabb  George  Osborne  David  Cameron  public  health  public  health  policy  public  health  risk  liberal  economic  reform  neoliberal  neoliberalism  JSA  sanctions  Food  Bank  self-medication  substance  abuse  abuse  alcohol  abuse  alcoholism  binge  drinking  coping  mechanism  GP  health  care  cost  health  care  demand  NHS  homeless  homelessness  Housing  Generation  Rent  UK  USA  precarious  work  precarious  employment  isolation  child  protection  education  policy  Self-esteem  sociology  psychology  Wertegesellschaft  Gesellschaft  values  Gentrified  Gentrifzierung  gentrification  Beton  Gold  Betongold  urban  planning  urbanisation  rat  capitalism  class  economic 
april 2016 by asterisk2a
Future of Steel - Ken Clarke & Paul Mason - BBC Newsnight
[TORIES CRISIS: bedroom tax, JSA sanctions killing people, Food Banks, redefining child poverty and fuel poverty, Independent Living Fund closed, Housing Crisis, tax cut defeat in Lords, mental health, NHS strikes, Hinkley Point C, energy prices, London Airport expansion/3rd runway, ESA cut, PIP cut and resignation of IDS, Brexit splitting the Party, shit world economy, can't touch triple-lock pensions, Academy plans, Panama Papers (British Territory: Bahamas, Cayman & Co).] Now - Tories are victims to their own policy of underinvestment since 2010 of a future-proof economy "long-term predictability" [BREXIT & austerity not predictable]. Energy prices too high, not competitive. Manufacturing never recovered. Monetary policy has run its course (sedative + Chinas credit bubble). policy folly now wholly exposed! AND now they tinker with the idea of picking winners! LOL! nationalising or part-nationalising through guarantees or subsidies on energy price. & youtu.be/QJw24Z-cEoQ
underinvestment  austerity  Smart  Grid  energy  policy  energy  price  competitive  advantage  competitive  George  Osborne  David  Cameron  budget2010  budget2015  Budget2016  Manufacturing  current  account  deficit  budget  deficit  trade  deficit  TPP  AIIB  World  Bank  China  BRIC  commodity  prices  heavy  industry  microeconomic  policy  macroeconomic  policy  macroprudential  policy  Mark  Carney  education  policy  skills  gap  skill  gap  skill  investment  apprenticeship  further  education  immigration  migration  Tories  Conservative  Party  nasty  NIRP  ZIRP  QE  recovery  output  gap  productivity  productivity  gap  Service  Sector  Jobs  job  creation  labour  market  job  market  DWP  Iain  Duncan  Smith  general  election  2015  election  campaign  promises  Manifesto  corporate  restructuring  corporate  welfare  subsidies  subsidizing  corporate  subsidies  Privatisation  Nationalization  Nationalisation  constituency  Party  Funding  general  election  2020  IMF  OECD  policy  folly  policy  error  global  economy  credit  bubble  Germany  Hinkley  Point  C  renewable  energy  energy  storage  job  creation  fiscal  policy  monetary  policy  Mark  Carney  QE  ZIRP  NIRP  property  bubble  rent-seeking  rentier  liquidity-trap  liquidity  trap  Housing  Crisis  Help  to  Save  Help  to  Buy  Scheme  Right  to  Buy  Buy-to-Let 
april 2016 by asterisk2a
GoPro Isn’t Doomed Yet. But they must become a software company, fast.
GoPro needed to spend heavily in “video editing automation.”
GoPro needs software in spades, far beyond just something to make editing easier. The company that created the first mass-market visceral experience broadcasting device ought to have a hand in every dimension of the current live revolution, not just be one of its few cameras. That requires software. [...] Most consumers already have all the hardware they need to create video; what they need is software to make this infinity of images comprehensible. As the defensibility of hardware declines, GoPro has an advantage few other makers of software have: fans, tens or even hundreds of millions of them.
Software  Is  Eating  The  World  Software  Eats  The  World  commoditization  commodity  business  Brand  Canon  Nikon  Kodak  Instagram  Beme  Vine  Snapchat  Entertainment  Selbstdarstellung  streaming  Twitch  Periscope  Meerkat  virtual  reality  VR  Augmented  Android  iPhone  Apple  premium  aspiration  status  anxiety  consumerism  materialism  mass  market  Pop  Culture  Hardware  Unicorn  DJI  Drone  Consumer  App  Consumer  Software  video  editing  Vlog  Vlogging 
april 2016 by asterisk2a
What the Panama Papers Tells Us About Global Capitalism
never seen David Cameron red-faced, so much! [...] sold in 2010!? And what was before that time? The time he was a MP!? [...] we are not all in this together, for sure! // book the hidden wealth of nations. - 7-8trn tax evasion and avoidance - not taxed. //&! Rumble - Just like FDR - Bernie Welcomes the GE CEO Hatred... - youtu.be/jT7NIoDS1gw - taking advantage of the tax laws THEY MADE.
Panama  Papers  David  Cameron  George  Osborne  tax  evasion  tax  amnesty  tax  avoidance  Super  Rich  Toff  Privileged  Establishment  Westminster  Whitehall  expense  scandal  No  Representation  Career  Politicians  1%  legal  loopholes  plutocracy  oligarchy  Tories  nasty  party  Richard  Wolff  Conservative  shell  company  offshore  banking  tax  loopoles  budget  deficit  austerity  fairness  Generationengerechtigkeit  neoliberal  neoliberalism  accounting  scandal  corporate  scandal  white-collar  crime  trickle-down  economics  free  market  corporate  tax  rate  Budget2016  self-regulation  underinvestment  squeezed  middle  class  working  poor  Gini  coefficient  child  poverty  corruption  bribery  money  laundering  UK  USA  Bahamas  CaymanIslands  income  distribution  tax  credit  Disabled  vulnerable  babyboomers  triple-lock  pension  DWP  capital  gains  tax  income  tax  receipts  secular  stagnation  western  world  social  mobility  income  mobility  trust  low  pay  shareholder  capitalism  crony  capitalism  low  income  Service  Sector  Jobs  Universal  Basic  class  warfare  disposable  income  discretionary  spending  credit  bubble  economic  history  Gesellschaft  Wertegesellschaft  materialism  consumerism  status  anxiety  pay 
april 2016 by asterisk2a
Achselzucken schadet
Panama Papers Warum der Zynismus, mit dem die Leaks vielfach aufgenommen wurden, die falsche Reaktion auf die Enthüllungen ist [...] So wie es keine Neuigkeit ist, dass die globale Finanzelite sich eine juridisch-ökonomische Parallelwelt geschaffen hat. [...] Dennoch ist der fatalistische Zynismus, mit dem die Leaks vielerorts aufgenommen wurden, nicht nur falsch, sondern sogar gefährlich. Aus zwei Gründen: zum einen, weil der Zynismus eine Sprache ist, die der Neoliberalismus perfekt beherrscht. „Der Zyniker“, so schreibt etwa der Philosoph Franco Berardi, „ist ein leichter Schläfer: Er schläft traumlos und wacht auf, sobald die Macht ihn ruft.“ Wer sich in solcher Abgeklärtheit einrichtet, muss sich nicht wundern, wenn am Ende alles so bleibt, wie es ist.
Panama  Papers  cynicism  tax  amnesty  tax  avoidance  tax  evasion  Super  Rich  1%  oligarchy  plutocracy  Establishment  Privileged  squeezed  middle  class  working  poor  Precariat  voter  turnout  Lügenpresse  refugee  crisis  immigration  migration  trickle-down  economics  free  market  self-regulation  lobby  revolving  door  Career  Politicians  trust  western  world  Niall  Ferguson  secular  stagnation  democracy  corruption  bribery  Schwarze  Kassen  Schwarzgeld  austerity  budget  deficit  bank  bailout  GFC  recovery  crony  capitalism  shareholder  capitalism  Wall  Street  profit  maximisation  profit  maximization  No  Representation 
april 2016 by asterisk2a
Im Zweifel links: Nimm, was du kriegen kannst!
Der globale Kapitalismus macht die ganze Welt zum Spielplatz der Reichen. Die Panama Papers erinnern daran: Nicht die Flüchtlinge sind unser Problem - sondern die Steuerflüchtlinge. //&! Die Mensch-Maschine: Leak ist Pop! Die Inszenierung übertrumpft die Inhalte: Die Panama Papers zeigen, wie sich die Bedeutung von Leaks verändert hat. Jeder liest darin, was er eh schon immer geglaubt hat. - bit.ly/25MV0AF //&! Briefkastenfirmen zerstören die Marktwirtschaft - bit.ly/1q2Vt0S //&! taz.de/!5289286/ //&! Die Panama Papers und das „Lügenpresse“-Dilemma - bit.ly/1VbfejK //&! bit.ly/1N6I1ya - kapitalistische Medienlogik //&! bit.ly/1SGNSfA - NO NYT //&! bit.ly/1PQor9j //&! cynycism wrong reaction - bit.ly/1SnKVjC
Panama  Papers  1%  Super  Rich  oligarchy  plutocracy  tax  evasion  tax  amnesty  tax  avoidance  austerity  budget  deficit  accounting  scandal  corporate  scandal  shareholder  capitalism  crony  capitalism  bank  bailout  Whistleblower  leak  Soziale  Marktwirtschaft  income  distribution  inequality  Gini  coefficient  meritocracy  meritocratic  American  Dream  money  laundering  Lügenpresse  trust  Career  Politicians  No  Representation  revolving  door  Wikileaks  investigative  journalism  journalism  offshore  banking  Schwarzgeld  Schwarze  Kassen  corruption  bribery  legal  loopholes  lobby  revolving  door  Party  Funding  campaign  finance  NYT  neoliberal  trickle-down  economics  neoliberalism  free  market  self-regulation 
april 2016 by asterisk2a
British households doing less cleaning, DIY and gardening, says ONS
[80% of 2015 GDP growth was consumer related][home improvement is bell weather signal] [...] Over the past decade British waistlines have expanded with obesity reaching crisis levels. Yet the ONS estimates that, in the home at least, the number of calories consumed has been falling. [...] Another significant change is the value put on “transport services” provided by households. This week record car sales were reported, jumping to more than 500,000 in March alone, yet the number of miles driven by households – to go to work or the shops, collecting children from school, etc – remains significantly below the levels recorded a decade ago. [...] It attributed the fall to petrol costs and pressure on household budgets after the financial crash. [...] . Time spent on DIY is down the most – by 20% since 2005. ...
recovery  disposable  income  discretionary  spending  DIY  homeownership  UK  property  bubble  Housing  Crisis  Generation  Rent  squeezed  middle  class  consumer  debt  household  debt  credit  card  debt  car  loan  ZIRP  NIRP  QE  mortgage  market  distortion  credit  payment  working  poor  low  pay  low  income  job  insecurity  private  debt  consumer  spending 
april 2016 by asterisk2a
Why Everyone Must Get Ready For The 4th Industrial Revolution
For example, as automation increases, computers and machines will replace workers across a vast spectrum of industries, from drivers to accountants and estate agents to insurance agents. By one estimate, as many as 47 percent of U.S. jobs are at risk from automation. Many experts suggest that the fourth industrial revolution will benefit the rich much more than the poor, especially as low-skill, low-wage jobs disappear in favor of automation.

But this isn’t new. Historically, industrial revolutions have always begun with greater inequality followed by periods of political and institutional change. The industrial revolution that began at the beginning of the 19th century originally led to a huge polarization of wealth and power, before being followed by nearly 100 years of change including the spread of democracy, trade unions, progressive taxation and the development of social safety nets.
Mobile  Creative  Mobile  Creatives  augmented  intelligence  artificial  intelligence  AI  Robotics  automation  destruction  creativity  book  social  safety  net  welfare  state  tax  credit  working  poor  Precariat  low  pay  low  income  Universal  Basic  income  tax  receipts  job  creation  Service  Sector  Jobs  precarious  work  precarious  employment  Contractor  part-time  Zero  Hour  Contract  self-employment  tax  evasion  profit  maximisation  profit  maximization  shareholder  capitalism  shareholder  value  Wall  Street  M&A  Autonomous  Cars  Google  Car  Uber  public  transport  public  transportation  corporate  tax  rate  tax  amnesty  tax  avoidance  Panama  Papers  offshore  banking  Super  Rich  1%  plutocracy  oligarchy  Soziale  Marktwirtschaft  skills  gap  skills  economy  skill  mismatch  skill-biased  technological  change  skill  gap  skills  mismatch  skills  shortage  skills  missmatch  skill  investment  education  policy  winner  take  all  business  model  R&D  R&D  underinvestment  austerity  Generationengerechtigkeit  fairness  democracy  secular  stagnation  western  world  job  market  labour  market  poverty  trap  economic  history  UK  USA  Europe  Germany 
april 2016 by asterisk2a
Public Investment Payoff Not Necessarily About Efficiency
electrification of public rail - reduce emissions and improve public health (health hazard of diesel train engines proven - for passengers and residents). also improve public health - people ditching their cars! // 8:40 each additional public capital investment might be less valuable after the first road to the sea port. but that does not factor in types and public health and safety. road vs train. diesel train vs electric train. slow train vs faster electric magnetic safe low maintenance train w auto pilot (augmented intelligence). less public health risks, less health hazard, more public safety = less economic damage through a less sicker population (health care cost, health care demand, less work hours lost, higher productivity - healthy, happy people) but micro and macro economists do not put this into their GDP - well being, happiness, public health. // beijings hazardous hair will prove to be hughe economic cost (public health) down the road (chronic pulmonary conditions and cancer = lower productivity, lower discretionary spending because of spending goes to medicine and medical care and down the road leads to old age poverty for some if not the family).
underinvestment  public  investment  austerity  infrastructure  investment  infrastructure  productivity  productivity  gap  productive  investment  rentier  rent-seeking  commute  commuter  commuting  well  being  public  health  UK  Fossil  fuel  industry  fuel  public  health  policy  Richard  Koo  economic  history  recovery  dogma  ideology  free  market  neoliberal  neoliberalism  microeconomic  policy  added  value  USA  investment  spending  R&D  nominal  GDP  targeting  GDP  George  Osborne  output  gap  public  capital  ROI 
april 2016 by asterisk2a
Budget 2016: Four key numbers - BBC Newsnight
weaker outlook for income tax receipts & economy/global economy >> OBR has done 'no projections' on impact of Brexit: Robert Chote - BBC Newsnight - youtu.be/A0jvIUKTU1U //&! Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight - youtu.be/L0TBTbfNgCw - "WE HAD THE BIGGEST BANK BAILOUT" //&! NICKY MORGAN ON TORY WELFARE ROW - BBC Newsnight - youtu.be/IC_Yhggk62o
Budget2016  OBR  secular  stagnation  income  tax  receipts  productivity  gap  recovery  economic  history  Richard  Koo  Brexit  Schuldenbremse  Fiscal  Pact  general  election  2020  austerity  underinvestment  business  confidence  job  creation  Service  Sector  Jobs  low  pay  low  income  working  poor  tax  credit  Zero  Hour  Contract  wage  stagnation  squeezed  middle  class  self-employment  part-time  Contractor  Zero  Hour  Contract  recovery  economic  history  UK  fairness  Generationengerechtigkeit  pension  obligation  triple-lock  pension  bank  bailout  trickle-down  economics  dogma  ideology  Richard  Koo  Privatisation  free  market  demographic  bubble  poverty  child  poverty  food  poverty  ESA  Disabled  vulnerable  DLA  PIP  DWP  Iain  Duncan  Smith  sanctions  JSA  social  housing  affordable  housing  Crisis  property  bubble  welfare  state  welfare  reform  Universal  housing  benefit  social  safety  net 
march 2016 by asterisk2a
Angestellte bei Airbnb und Uber: "Diese Jobs schaffen ein neues Prekariat"
AirbnB und andere Firmen tun so, als hätten sie eine soziale Mission. Doch laut dem Buchautor Tom Slee beuten sie ihre Angestellten schlimmer aus als herkömmliche Firmen - und begünstigen totale Überwachung. // SPIEGEL: Es gibt Ökonomen, die sehen in diesen neuen Jobs auch eine Chance.

Slee: Diese Jobs schaffen ein neues Prekariat. Die dahinterstehenden Plattformen tarnen sich als Innovation, bauen aber auf unbegrenzte Verfügbarkeit und darauf, Arbeitsgesetze auszuhebeln und alles Risiko den Kleinunternehmern aufzuhalsen. [...] SPIEGEL: Uber und Co gerieren sich oft als Plattformen für freie Miniunternehmer. Sind sie das wirklich?

Slee: Die Leute sind scheinselbstständig, oft werden sie wie Angestellte behandelt. Tatsächlich haben sie etwa die Pflicht, 90 Prozent der angeforderten Fahrten anzunehmen, sonst werden sie gefeuert.
Share  Economy  sharing  Uber  for  X  Uber  Lyft  AirBnB  Book  on-demand  mobile  homescreen  ondemand  convenience  convenience  Service  Sector  Jobs  Precariat  precarious  employment  precarious  work  Contractor  part-time  part-time  employment  Zero  Hour  Contract  1099  Economy  Gig  Economy  neoliberal  neoliberalism  tax  credit  low  pay  low  income  self-employment  labour  market  job  insecurity  job  security  job  market  secular  stagnation  squeezed  middle  class  working  poor  marketplace  efficiencies  TaskRabbit  minimum  wage  TOS  employment  EULA 
march 2016 by asterisk2a
As unicorn startups send customer service gigs to the hinterland, is Silicon Valley exporting its prosperity, or just dead-end jobs?
In the end, only a couple of the San Francisco Lyft staffers decided to go to Nashville. Some scrambled to find new jobs in the company, and the rest got severance and left. Six months later, two people I talked to are still looking for jobs, in a city that boasts a 3.4 percent unemployment rate. “I feel a little burned by this experience,” said one. “There’s just this understanding that if you work for customer service in the tech world you’re not valued. Those are soft skills, and associated with women, they’re not super valued.” [...] With their skills deemed better suited to Nashville, Lyft’s workers can’t help but internalize another message about whether they belong in increasingly Darwinian San Francisco. “It doesn’t make any fucking sense to live in one of the most expensive areas in the country and work in nonprofit development,” one told me.
Another customer service worker I’d talked to from a big software company decided that if she wanted to stick around the Bay Area, it was time to teach herself to code.
Service  Sector  Jobs  low  pay  working  poor  low  income  precarious  work  squeezed  middle  class  job  creation  job  market  job  insecurity  job  security  Silicon  Valley  part-time  Contractor  outsourcing  self-employment  customer  runway  operating  margin  cost  center  cost  of  living  standard  of  living  costcutting  tax  credit  Precariat  precarious  employment  career  ladder  career  advice  IT  Industry  labour  market 
march 2016 by asterisk2a
The Uber Model, It Turns Out, Doesn’t Translate
Uber for X // Startups that deliver what you want, when you want it — like Uber, but for groceries, laundry, munchies, etc. — are revamping their business plans or shutting down entirely. It turns out that the on-demand model is so cash-intensive that it only really works if you're, well, Uber.
Uber  Uber  for  X  Uber  Playbook  Lyft  on-demand  mobile  homescreen  convenience  Share  Economy  Gig  Economy  self-employment  1099  Economy  marketplace  efficiencies  TaskRabbit  Zero  Hour  Contract  commodity  business  commoditization  Niedriglohnsektor  Service  Sector  Jobs  job  insecurity  job  creation  job  security  job  market  freelancing  freelance  precarious  work  working  poor  Silicon  Valley 
march 2016 by asterisk2a
Government planning to repeal animal welfare codes
Poultry industry to oversee chicken-farming standards as ministers move to create industry-led deregulation. Conservative ministers are planning to repeal an array of official guidance on animal welfare standards, starting with a move to put the code on chicken-farming into the hands of the poultry industry.

Liz Truss, the environment secretary, is overseeing moves to scrap the statutory codes on farm animal welfare and move to an “industry-led” guidance as part of her department’s deregulatory agenda. [ so industry funds its own regulatory body, lol! ] [...] Other sectors that could get control of their own guidance include the cattle, sheep and pig farming industries. //&! Poultry deregulation plans risk bringing back dark days of food scares. History shows problems start when food companies police themselves: think salmonella, BSE, foot and mouth, swine flu - bit.ly/1UON3ai - Privatisation move! Austerity. Self-regulation.
carbon  tax  COP21  meat  tax  Lobbying  lobby  lobbyist  livestock  farming  livestock  industry  Industrial  Industrial  Production  agriculture  agriculture  industry  agriculture  policy  UK  Tories  Conservative  Party  nasty  trickle-down  economics  free  market  deregulation  regulation  regulators  Privatisation  austerity  ecological  disaster  ecological  damage  ecological  footprint  carbonfootprint  methane  greenhouse  gases  global  warming  climate  change  food  born  pathogen  food  borne  illness  antibiotic  resistance  antibiotics  post-antibiotic  era  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  Wall  Street  Campylobacter  animal  welfare  animal  cruelty  humane  slaughter  Poultry  Dairy  Milk  Overfishing  Fish  public  health  public  health  policy  public  safety  sick  population  health  crisis  BSE  swineflu  swine  flu  Zoonotic  Diseases  zoonosis  Salmonella  Salmonella  Poisoning 
march 2016 by asterisk2a
Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight
turning a banking crisis into a budget deficit blowout and blaming it on poor working age people with some benefits to their name. //&! What will it be the Budget be remembered for? DEBATE - BBC Newsnight - youtu.be/iOrhLL-Pe3E - productivity is about increasing public and private investment, and private investment has been falling year after year. tax cuts ie corporate tax rate, do not increase private investment. and household debt/consumer debt/credit car/car loan/student debt is rising and rising, taking up the slack that Osborne is cutting from the budget.
budget2016  budget2010  bank  bailout  austerity  budget  deficit  economic  history  Richard  Koo  UK  GFC  George  Osborne  Sajid  Javid  dogma  ideology  income  tax  receipts  corporate  tax  rate  HMRC  tax  evasion  tax  avoidance  DWP  fairness  Generationengerechtigkeit  triple-lock  pension  pension  obligation  babyboomers  recovery  aggregate  demand  shareholder  capitalism  secular  stagnation  neoliberal  neoliberalism  trickle-down  economics  free  market  Positioning  PR  spin  doctor  George  Osborne  David  Cameron  budget2015  Fiscal  Pact  Schuldenbremse  Brexit 
march 2016 by asterisk2a
The Privatising Industry in Europe
Do you wonder why the 'Troika' persists in its privatisation agenda despite the evidence of its failures and the growing economic and social costs?
The report “The Privatising Industry in Europe”, written by Sol Trumbo Vila and Matthijs Peters for the Transnational Institute, TNI, suggests two possible motives and shows who the ‪#‎BigWinners‬ of those privatisations are. - https://www.tni.org/en/publication/the-privatising-industry-in-europe - The rationale put forward by advocates of privatisation does not stand up to the evidence. Privatisation has failed to provide promised revenue as only profitable firms are being sold and consistently at undervalued prices. Meanwhile the latest research by the IMF and by European universities show that there is no evidence that the privatised firms are more efficient than state-owned firms. [...] Privatisation in Europe has encouraged a growth in corruption,
Privatisation  austerity  Troika  neoliberal  neoliberalism  trickle-down  economics  oligarchy  plutocracy  1%  Super  Rich  shareholder  capitalism  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Main  Street  budget  deficit  Richard  Koo  exploitation  revolving  door  Career  Politicians  Wolfgang  Schäuble  Angela  Merkel  Yanis  Varoufakis  IMF  World  Bank  economic  history  dogma  ideology  Royal  Mail  white-collar  crime  white-collar  fraud  corruption  bribery  nepotism  Schwarze  Kassen  Schwarzkasse  Chicago  School  free  market  self-regulation 
march 2016 by asterisk2a
Pensions stance creates budgetary mayhem
Disability benefits: they are forecast to increase by £2bn over the next five years. Could do something there. Sickness benefits: they are predicted to rise by about £1bn. Might be able to save some of that. But what's this? It's rising by £15bn over the coming five years. That's the one. Off our Martian goes to see the chancellor. "What are pensions?" she asks. That is the problem the government is struggling with. Its political refusal to touch pensions, or pensioner benefits, has in a stroke protected the single biggest cost in the welfare budget. And the cost that is rising the most. [ AND ADD INTO THE SAME BUCKET THE NHS and PUBLIC HEALTH BUDGET! ] Welcome to your new job, Stephen Crabb.
DWP  Iain  Duncan  Smith  pension  obligation  Tories  Conservative  Party  Party  Funding  constituency  austerity  budget2016  budget2015  babyboomers  PIP  DLA  ESA  general  election  2015  general  election  2020  election  campaign  promises  George  Osborne  David  Cameron  Stephen  Crabb  Generationengerechtigkeit  fairness  aggregate  demand  secular  stagnation  OAP  demographic  bubble  ageing  population  NHS  public  health  health  care  budget  health  care  cost  health  care  spending  sick  population  health  crisis  Universal  Credit  Richard  Koo  Schuldenbremse  dogma  ideology  Fiscal  Pact  European  Union  trickle-down  economics  free  market  neoliberal  neoliberalism  policy  folly  policy  error  welfare  reform  welfare  state  social  safety  net 
march 2016 by asterisk2a
Disability benefits U-turn leaves Cameron with £4.4bn to find
David Cameron has been forced to concede that a £4.4bn black hole created by the U-turn over disability benefits will not be filled by further cuts to welfare as he fought to shore up his credibility following the shock resignation of Iain Duncan Smith. The spending climbdown was announced on Monday by Stephen Crabb, the new work and pensions secretary, an hour after Cameron addressed the political crisis engulfing the Conservative party by offering his support to George Osborne and praise for the work of Duncan Smith. [...] but the Treasury clarified the remarks by stressing that there were no plans to fill the £4.4bn gap caused by dropping PIP reforms with further cuts in welfare spending. &! bbc.in/1S10VIg
budget2016  austerity  PIP  DLA  ESA  DWP  welfare  reform  welfare  state  Iain  Duncan  Smith  social  safety  net  poverty  trap  poverty  child  poverty  George  Osborne  David  Cameron  Stephen  Crabb  PR  positioning  spin  doctor  Tories  Westminster  Brexit  Boris  Johnson  Constituency  Party  Funding  general  election  2020  general  election  2015  Manifesto  fairness  Generationengerechtigkeit  babyboomers  dogma  ideology  trickle-down  economics  Free  Market  aggregate  demand  policy  folly  policy  error  Disabled  vulnerable  NHS  mental  health 
march 2016 by asterisk2a
Budget 2016: Osborne's economic fitness regime - BBC News
[2015] 80% OF ECONOMY CONSUMER SPENDING! - The economy has enjoyed what Andrew Goodwin of Oxford Economics describes as a "sugar rush" -the equivalent of a big tax cut - or 'fiscal stimulus' - through lower petrol prices. The economy grew by 2.2% last year; 80% of that growth was down to consumer spending. "That [growth] strikes us as some distance below par given the tailwinds we have had," Mr Goodwin says. And after the sugar rush comes the sugar crash: growth is likely to be revised down in the years to come because of global economic weakness.
budget2016  budget2015  George  Osborne  policy  folly  policy  error  zombie  consumer  consumer  debt  household  debt  credit  card  debt  car  loan  student  debt  ZIRP  NIRP  QE  mortgage  rates  mortgage  market  property  bubble  Oil  price  commodity  prices  aggregate  demand  distortion  underinvestment  IFS  OBR  income  tax  receipts  HMRC  job  creation  Service  Sector  Jobs  working  poor  low  income  low  pay  squeezed  middle  class  Consumerism  Industrial 
march 2016 by asterisk2a
Climate change deal: 'Zero carbon' laws promised by government - BBC News
Under current law, emissions must be cut by 80% by 2050 - but ministers have said this does not go far enough. Following the climate deal in Paris, it is clear the UK must not increase CO2 at all because the warming threat is so severe, they added. No details of the law change have been given - and critics said the UK was failing to meet even current targets. [...] However, many in the energy sector will be baffled by what they see as a schizophrenic attitude to climate change from the government. While pledging their allegiance to very demanding CO2 cuts, ministers have made a slew of policy changes that are predicted to increase emissions. [...] government has failed to secure any new nuclear stations, scrapped a competition for carbon capture and threatened cuts in the offshore wind budget unless costs radically fall. [& turned back on] onshore wind and large scale solar energy
COP21  climate  change  global  warming  carbonfootprint  Food  Politics  industry  livestock  farming  industrial  agriculture  energy  policy  renewable  energy  Amber  Rudd  David  Cameron  George  Osborne  austerity  policy  folly  policy  error  extreme  weather  weather  extreme  flooding  flash  flood  UK  Tories  nasty  party  austerity  Generationengerechtigkeit  fairness  policy  error  policy  folly  trickle-down  economics  free  market  Privatisation  neoliberal  neoliberalism  Hinkley  Point  C 
march 2016 by asterisk2a
Georg Schramm: Wir leben in einem großen Krieg! | 3sat 14.02.2016 - YouTube
warren buffet - war between super rich and poor, // Donald Trump is symptom // - Heinrich Heine (1797-1856) - Weltlauf !!! //&!
refugee  crisis  Angela  Merkel  warrenbuffet  Warren  Buffet  Super  Rich  1%  plutocracy  oligarchy  squeezed  middle  class  GFC  derivatives  crony  capitalism  free  market  self-regulation  Gini  coefficient  East 
march 2016 by asterisk2a
Nationalstaat vs. Nationalismus - Oskar Lafontaine 01.03.2016 - Bananenrepublik - YouTube
wir muessen die wirtschaftsordnung aendern. ... Greed leads to War. //&! (TAKEN FOR GRANTED LIKE RELIGION - PRODUCTIVITY AND GROWTH! - Volker Pispers Kapitalismus Erklärung | Aktuellste HD Aufzeichnung 2016 - youtu.be/u07XONlDwX8 //&! Georg Schramm: Wir leben in einem großen Krieg! | 3sat 14.02.2016 - youtu.be/YcrkJrxwKiQ
Nationalism  democracy  Brussels  Lohndumping  Sozialstaat  Soziale  Marktwirtschaft  neoliberalism  neoliberal  free  market  borderless  social  democracy  Minijob  Zeitarbeit  crony  capitalism  profit  maximisation  shareholder  value  No  Representation  European  Union  Super  Rich  1%  plutocracy  oligarchy  Leiharbeit  GFC  trickle-down  economics  Greed  economic  history  history  Gini  coefficient  Productivity 
march 2016 by asterisk2a
Hinkley: Why do we need the new nuclear power station? - BBC News
[ strike price ] Why is a new nuclear power station at Hinkley Point running years behind schedule and the cause of seemingly endless debate? Here are some answers to the questions surrounding the world's most expensive power project. [ prob w renewables is energy storage systems and capacity! ] [...] However, the UK needs to build more power stations if it is to meet growing demand for electricity and the government wants to ensure consumers foot the bill no matter where the electricity comes from.
Hinkley  Point  C  white  elephant  nuclear  power  nuclear  waste  carbon  tax  renewable  energy  energy  policy  energy  price  competitiveness  industrial  policy  Manufacturing  foreign  direct  investment  energy  storage  energy  security  Tories  Amber  Rudd  David  Cameron  George  Osborne  underinvestment  Smart  Grid  UK  Politics  dogma  ideology  trickle-down  economics  free  market  neoliberalism  neoliberal  subsidies  subsidizing  solar  energy  wind  energy  gas  energy 
march 2016 by asterisk2a
Kommunalwahl in Hessen: Nichtwähler machen AfD stark - SPIEGEL ONLINE
[ symptom ] // Die Rechten sind auf dem Vormarsch. Ihr Erfolg ist auch eine Antwort der Gesellschaft auf eine Krankheit des Kapitalismus, die von den etablierten Parteien ignoriert wird. Und die hat mit den Flüchtlingen nichts zu tun. - bit.ly/1QBo7Ad //&! Banned TED Talk: Nick Hanauer "Rich people don't create jobs" - youtu.be/CKCvf8E7V1g - nobody can afford to buy new stuff. circle of life. customers and businesses. consumer needs to have disposable income //&! Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming - youtu.be/q2gO4DKVpa8
AfD  No  Representation  democracy  plutocracy  oligarchy  Super  Rich  1%  fairness  Rechtsruck  Rechtsextremismus  UKIP  Europe  Germany  UK  populism  Polarisation  fearmongering  Fear  voter  turnout  Soziale  Marktwirtschaft  Sozialpolitik  Integrationspolitik  refugee  crisis  Agenda  2010  squeezed  middle  class  hartz-iv  working  poor  minimum  wage  ALG2  Aufstocker  Minijob  Leiharbeit  Zeitarbeit  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  lobbyist  lobby  Lobbying  revolving  door  NPD  Angela  Merkel  Gini  coefficient  Altersarmut  poverty  poverty  in  old  age  social  mobility  income  mobility  kalte  Progression  Schuldenbremse  Fiscal  Pact  Wolfgang  Schäuble  GFC  recovery  job  security  insecurity  symptom  crony  capitalism  capitalism  exploitation  wage  stagnation  far-right  right-wing  trickle-down  economics  free  market  neoliberalism  neoliberal  neoconservatism  neoconservatives 
march 2016 by asterisk2a
Ex-MPC member says rates will stay low until 2021 - BBC News
Blanchflower: Global economy "feels a little bit like 2008" Interest rates will likely fall further in Britain and remain at near record low levels until 2021, [...] Blanchflower described the backdrop to the committee's decision in March 2009 to cut rates to 0.5% as catastrophic. He said the MPC at the time had wished to avoid a death spiral. Britain was plunged into its deepest-ever recession in 2008 as confidence in banks collapsed and investment dried up. "We cut rates in November 2008 by 150 basis points (1.5%). It was clear that we should have cut by more but didn't because of the panic that it might have caused," he said. "It was absolutely clear that this (the financial crisis) was something we had not seen in a generation. We learned that the scale of the shock was enormous." [...] mortgage rates are 31% lower than before the crisis, while savers may have lost £106bn due to record low rates. //&! bbc.in/1YeqV87 &! bbc.in/1LGOxAf - central banks understated deflation pressure!
ZIRP  NIRP  QE  BOE  UK  global  economy  recovery  aggregate  demand  property  bubble  underinvestment  austerity  George  Osborne  speculative  bubbles  speculative  speculation  mortgage  market  macroprudential  policy  Mark  Carney  Help  to  Buy  Scheme  Help  to  Save  Right  to  Buy  Buy-to-Let  subprime  car  loan  credit  card  debt  zombie  consumer  zombie  corporations  zombie  banks  Richard  Koo  liquidity  trap  secular  stagnation  economic  history  GFC  household  debt  private  debt  consumer  debt  David  Blanchflower  Danny  Blanchflower  financial  repression  hunt  for  yield  asset  allocation  distortion  Super  Cycle  junk  bond  Gini  coefficient  deflationary  deflation  Taper  QT  monetary  policy  fiscal  policy  Pact  Schuldenbremse  BIS  ECB  Fed  BOJ  credit  bubble  PBOC  hot-money 
march 2016 by asterisk2a
Keiser Report: Sovietization of capitalism (E723) - YouTube
BIS 100% of private debt and finance sector larger than 3.9% of economy bad ... and siphoning off talent from more productive fields of work. And finance favours lending to property and land (low productivity). [...] financial products (derivatives) do not help economy. is just a financial product, fee collection. rentier! rent-seeking behaviour! fees fees fees. (JP Morgan, 89% of profits, see interview) [...] QE reflated asset prices/share prices! // In the second half, Max interviews David Graeber about his new book, The Utopia of Rules: On Technology, Stupidity and the Secret Joys of Bureaucracy.
private  debt  consumer  debt  household  debt  BIS  Wall  Street  recovery  zombie  banks  car  loan  credit  card  debt  student  loan  debt  student  loan  Bubble  student  debt  economic  history  GFC  secular  stagnation  UK  City  of  London  USA  investment  banking  retail  banking  BOE  Fed  macroeconomic  policy  microeconomic  policy  property  speculative  bubbles  speculative  speculation  productivity  output  gap  austerity  George  Osborne  dogma  ideology  constituency  Party  Funding  vested  interest  interest  groups  mortgage  market  Housing  Crisis  Help  to  Buy  Scheme  Help  to  Save  Funding  for  Lending  Scheme  Right  to  Buy  Buy-to-Let  subsidies  subsidizing  derivatives  financial  product  rent-seeking  rentier  QE  ZIRP  NIRP  reflate  reflation  Mark  Carney  fiscal  policy  monetary  policy  Richard  Koo  book  David  Graeber  MervynKing 
march 2016 by asterisk2a
Over 80% Of Jobs Added In January Were Minimum Wage Earners | Zero Hedge
most of the jobs that were created, if only on a goalseeked, seasonally adjusted basis, were of the lowest paying, worst possible quality as has been the case for the past 7 years as the BLS desperately seeks to "pad" its political mandate of providing proof in a recovery which however is impossible if it were to tell the truth. //&! https://www.reddit.com/r/Economics/comments/48xbro/jobs_report_242000_jobs_added_unemployment_rate/d0njzvb //&! http://www.zerohedge.com/news/2016-03-04/past-year-us-added-360000-waiters-and-only-12000-manufacturing-workers &! http://www.zerohedge.com/news/2016-03-04/president-obama-takes-economic-victory-lap-after-biggest-wage-drop-record
UK  USA  job  creation  Service  Sector  Jobs  minimum  wage  low  pay  low  income  precarious  work  Precariat  BLS  HMRC  DWP  Iain  Duncan  Smith  George  Osborne  David  Cameron  aggregate  demand  Richard  Koo  consumer  debt  household  debt  credit  card  debt  car  loan  secular  stagnation  recovery  GFC  austerity  trickle-down  economics  neoliberalism  neoliberal  living  wage  tax  credit  FOI  Freedom  of  Information  Act  free  market  social  safety  net  welfare  state  housing  benefit  working  poor  economic  history  squeezed  middle  class 
march 2016 by asterisk2a
Economics as a pluralist liberal education - Royal Economic Society
Last year we published a report which provided evidence-based analysis of the shortcomings of economics education at the University of Manchester with a foreword by Andy Haldane, Chief Economist at the Bank of England (2014). In it we demonstrated that economics education at the University of Manchester fails to provide graduates with the skills and qualities the University publicly states it will provide. It has never been our argument that Manchester has special problems — on the contrary, our argument is that the problems we have identified are widespread across universities.1 We are now in the process of carrying out a curriculum review of economics education at universities across the UK.2 A key part of the Post-Crash Economic Society’s mission is to go beyond criticism and to put forward well thought out proposals for reform. //&! bit.ly/1QY8dlC - post-crash economics.
economics  economic  history  austerity  monetary  theory  monetary  policy  fiscal  policy  GFC  economists  Chicago  School  free  market  self-regulation  dogma  ideology 
march 2016 by asterisk2a
Britain heading for power cuts next winter, say 60 local authorities | Business | The Guardian
bit.ly/1TOwjhT &! A group representing 60 local authorities has warned that recent closures of large power stations have left Britain heading for power cuts next winter, despite assurances to the contrary from the government. [...] National Grid needed to act immediately to fill the supply gap by sending out new contracts for at least 2,500 megawatts (MW) of additional generating capacity – enough to power 2.5m homes. The alliance wants ministers to reconsider the level of carbon taxes, saying this is one of the key reasons why so many coal-fired power stations are being shut down early. [...] In recent years, coal, nuclear and gas-fired plants have been shut because of low prices, high operating costs or old age. Windfarms have been erected and new nuclear facilities promised but energy companies say gas plants cannot be built without higher subsidies. //&! bit.ly/1MpvhlE - UK doesn not meet 15% of EU renewables target, but cuts subsidies for renewables, duh! &! bit.ly/1sL8Kty
carbon  tax  renewable  energy  Smart  Grid  energy  storage  energy  price  energy  policy  energy  security  UK  competitiveness  austerity  solar  energy  wind  energy  subsidies  subsidizing  corporate  welfare  fossil  fuel  Petroleum  Industry  gas  power  industrial  policy  policy  folly  policy  error  underinvestment  George  Osborne  Amber  Rudd  David  Cameron  Tories  short-termism  Hinkley  Point  C  nuclear  power  nuclear  waste  nasty  party  Generationengerechtigkeit  fairness  babyboomers  dogma  ideology  trickle-down  economics  free  market  neoliberalism  neoliberal  coal  power 
february 2016 by asterisk2a
EU referendum: Boris Johnson calls Cameron's Project Fact 'baloney' | Politics | The Guardian
"stay campaign is project fear" leave campaigners go without facts. [...] Chris Grayling, one of the six cabinet members who favour Brexit, had earlier dismissed a 28-page Cabinet Office report warning of what Cameron called a “decade of uncertainty” if Britain votes to leave, as “completely ludicrous”. Grayling accused his boss of running a “relentless campaign of fear”. Separately, employment minister Priti Patel, another prominent advocate for Brexit, ramped up the criticism of cabinet secretary Sir Jeremy Heywood’s decision to limit the support civil servants can provide to pro-Brexit ministers, describing it as “unconstitutional”. [...] Iain Duncan Smith “I have the highest opinion of the British people; [ //&! If it were a pure economic argument, where are the economists?! but it's about ideology, dogma and demagogy ... populism, propaganda, polarisation, manufactured consent, supported by right-wing media's manufactured consent ] &! bit.ly/1oKclJ1 &! Sturgeon - bbc.in/1TM6YGm
Brexit  campaign  Career  Politicians  David  Cameron  Boris  Johnson  Tories  Conservative  Party  nasty  democracy  UKIP  neoconservatism  neoconservatives  neoliberalism  neoliberal  trickle-down  economics  free  market  self-regulation  City  of  London  George  Osborne  Iain  Duncan  Smith  DWP  Westminster  Whitehall  No  Representation  Toff  Privileged  Establishment  dogma  ideology  demagogy  demagogue  manufactured  consent  far-right  Rechtsextremismus  Rechtsruck  right-wing  Polarisation  populism  propaganda  fearmongering  Fear  Nicola  Sturgeon  SNP  Labour  Party 
february 2016 by asterisk2a
Meet the teachers, charity workers, NHS staff and scientists Theresa May wants to kick out of Britain | Home News | News | The Independent
In April, new immigration laws will see tens of thousands of skilled workers deported from the UK [...] The Government has responded to a petition urging it to scrap a new £35,000 pay threshold on non-EU workers, calling it a “modest” contribution to cut net migration to Britain. Yet the Government’s own analysis estimates the measure will cost up to £575 million to the taxpayer in the first year alone, and it has sparked a public outcry from the tens of thousands of people set to be affected. [...] employers have had since April 2011 to prepare. //&! From stop35k.org/#!blank/c1enr - "Tier 2 General Skilled Workers who do not make £35,000 salary or who have been in the UK for 6 years, will need to leave or be deported. The Home Office estimates this will cost taxpayers between £181million and £575million" [...] Other proposed legislation is to prevent people from EEA to work here if they do not earn 30k/y or more.
immigration  migration  UK  tax  credit  housing  benefit  Theresa  May  George  Osborne  David  Cameron  UKIP  general  election  2015  election  campaign  promises  Manifesto  Tories  Conservative  Party  nasty  constituency  babyboomers  demographic  bubble  ageing  population  NHS  austerity  neoliberalism  neoliberal  neoconservatism  neoconservatives  free  market  double  standard  policy  folly  policy  error  Career  Politicians  No  Representation  general  election  2010  Schengen  Agreement  European  Union  EEA  work  visa  Home  Office  DWP  Iain  Duncan  Smith 
february 2016 by asterisk2a
Mervyn King: new financial crisis is 'certain' without reform of banks | Business | The Guardian
The former Bank of England governor says in his new book that imbalances in the global economy makes a crash inevitable [...] GFC was the fault of the financial system, not individual greedy bankers, in his new book, The End Of Alchemy: Money, Banking And The Future Of The Global Economy [...] “Without reform of the financial system, another crisis is certain, and the failure ... to tackle the disequilibrium in the world economy makes it likely that it will come sooner rather than later,” Lord King wrote. [...] global central banks were caught in a “prisoner’s dilemma” - unable to raise interest rates for fear of stifling the economic recovery, the newspaper reported. [... blame] broken financial system. [...] failure of a system, and the ideas that underpinned it, [...] “Only a fundamental rethink of how we, as a society, organise our system of money and banking will prevent a repetition //&! dailym.ai/21tPG5y
bank  crisis  banking  crisis  investment  banking  self-regulation  retail  banking  Greed  financial  product  regulation  regulators  City  of  London  George  Osborne  Mark  Carney  macroprudential  policy  property  bubble  austerity  liquidity  trap  secular  stagnation  job  creation  Service  Sector  Jobs  economic  history  GFC  neoliberalism  neoliberal  trickle-down  economics  free  market  ZIRP  NIRP  QE  faultlines  hot-money  hunt  for  yield  distortion  financial  repression  emerging  middle  class  emerging  market  Frontier  Markets  BRIC  China  Brazil  credit  bubble  2016  reflate  reflation  junk  bond  revolving  debt  household  debt  mortgage  market  consumer  debt  UK  IMF  OECD  credit  card  debt  car  loan  BOE  MervynKing  ECB  Fed  Europe  deflationary  deflation  Gini  coefficient  inequality  MarioDraghi  Taper  QT  bonuses  bonus  global  imbalances  structural  imbalance  Career  Politicians  lobbyist  lobby  Lobbying  revolving  door  New  Normal  speculative  bubbles  Richard  Koo  Fiscal  Pact  Schuldenbremse 
february 2016 by asterisk2a
David Cameron will be ousted regardless of EU referendum vote | Daily Mail Online
Just 50 Tory MPs needed to trigger vote of no confidence in Prime Minister Cameron dismissed as a 'lame duck' and could face coup after June's vote Cabinet rebel Iain Duncan Smith rubbishes PM's warning that Brexit would be 'gamble of the century' Work and Pensions Secretary says UK's future is more in danger inside EU //&! Iain Duncan Smith declares war on David Cameron: Leading Eurosceptic minister accuses the Prime Minister of having a 'low opinion' of Britons and mocks his 'pessimistic' campaign to stay in the EU - dailym.ai/1KVS11H
Iain  Duncan  Smith  George  Osborne  David  Cameron  Tories  Conservative  Party  nasty  Toff  Privileged  Establishment  straight  white  male  male  privilege  white  male  privilege  negotiation  diversity  Westminster  No  Representation  Career  Politicians  Boris  Johnson  Theresa  May  immigration  migration  UKIP  DWP  welfare  state  social  safety  net  austerity  neoliberalism  neoliberal  trickle-down  economics  free  market  City  of  London 
february 2016 by asterisk2a
Weltwirtschaft: Ökonomen halten Ende des Wachstums für unvermeidlich - SPIEGEL ONLINE
Weltwirtschaft: Ökonomen halten Ende des Wachstums für unvermeidlich [...] Ein Beispiel: Wenn das Bruttosozialprodukt eines Landes 10 Milliarden Euro beträgt und um eine Milliarde Euro wächst, dann entspricht das einer Steigerung von zehn Prozent. Wenn das BIP aber 1000 Milliarden Euro beträgt, dann müsste die Wirtschaft schon um 100 Milliarden Euro wachsen, um ein Wachstum von zehn Prozent zu schaffen. Wächst das BIP wie vorher um eine Milliarde Euro, entspricht das nur noch einer Steigerung von 0,1 Prozent. Die Wirtschaft wäre dann sozusagen ausgewachsen. Die alten Zeiten kehren nicht mehr zurück [...] Sollten die Ökonomen recht haben, hätte das für Staat und Sozialsysteme einschneidende Folgen: Die Planung von Bundeshaushalt oder Rentenkasse geht von einem Wachstum irgendwo zwischen ein und zwei Prozent pro Jahr aus. [...] Die Wirtschaft "unabhängiger vom Wachstum gestalten"
G20  George  Osborne  UK  austerity  Europe  Schuldenbremse  Fiscal  Pact  Germany  Wolfgang  Schäuble  Angela  Merkel  secular  stagnation  Richard  Koo  aggregate  demand  budget  deficit  economic  history  finite  resources  resource  depletion  economic  growth  global  economy  policy  monetary  policy  policy  error  policy  folly  Japan  Abenomics  demographic  bubble  ageing  population  AI  artificial  intelligence  Robotics  self-driving  cars  autonomous  car  structural  unemployment  unemployment  long-term  unemployment  youth  unemployment  productivity  output  gap  squeezed  middle  class  Precariat  working  poor  low  pay  low  income  precarious  work  Zero  Hour  Contract  Contractor  underinvestment  marginal  cost  competitiveness  energy  policy  energy  price  flat  world  borderless  globalization  globalisation  economics  of  abundance  post-capitalism  Larry  Summers  Gini  coefficient  inequality  Super  Rich  1%  plutocracy  oligarchy  democracy  social  democracy  Soziale  Marktwirtschaft  trickle-down  economics  dogma  ideology  free  market  self-regulation  neoliberalism  neoliberal  education  policy  income  inequality  GDP  nominal  GDP  targeting  inflation  targeting  liquidity  trap  credit  bubble  distortion  ZIRP  NIRP  QE  USA 
february 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 ]
UK  secular  stagnation  austerity  Richard  Koo  Japan  economic  history  dogma  ideology  IMF  OECD  ChristineLagarde  economists  Paul  Krugman  Joseph  Stiglitz  Robert  Reich  David  Cameron  Tories  nasty  party  recovery  aggregate  demand  Conservative  macroeconomic  policy  microeconomic  policy  fiscal  policy  monetary  policy  Mark  Carney  BOE  City  of  London  HMRC  tax  evasion  tax  avoidance  self-employment  corporate  tax  rate  Service  Sector  Jobs  working  poor  multiplier  precarious  work  Precariat  low  pay  low  income  tax  credit  housing  benefit  income-based  JSA  Zero  Hour  Contract  Contractor  wage  stagnation  stagnation  DWP  Iain  Duncan  Smith  skills  gap  STEM  productivity  output  gap  Manufacturing  industrial  policy  neoliberalism  neoliberal  trickle-down  economics  Chicago  School  JohnMaynardKeynes  keynes  Keynesianism  Pact  Schuldenbremse  Wolfgang  Schäuble  Angela  Merkel  European  Union  property  bubble  apprenticeships  value  creation  added  value  underinvestment  productive  investment  infrastructure  investment  competitiveness  marginal  cost  energy  price  energy  policy  Hinkley  Point  C  nuclear  power  nuclear  waste  subsidies  subsidizing  corporate  welfare  lobbyist  lobby  Lobbyin 
february 2016 by asterisk2a
Brexit referendum could destabilise UK recovery, says IMF | Business | The Guardian
[ putting investment decisions and plans on hold! ] Christine Lagarde warns that uncertainty over outcome ‘will be bad in and of itself’ in months leading up to vote [...] But the IMF’s annual health check said “the relatively positive outlook is subject to risks and uncertainties”, including a global slowdown, sluggish productivity growth, a large trade deficit, still-high levels of household debt, and the forthcoming referendum on EU membership. It said any sign of weakness in growth should be met with higher spending by the Treasury. The UK authorities should explore “both revenue and expenditure measures, while protecting spending in priority areas, including healthcare, education, and infrastructure”. The report emphasised that “flexibility in the fiscal framework should be used to modify the pace of adjustment in the event of weaker demand growth”. [ moderates and politicians, wisely worded! no instructions. no direct criticism. ]
Brexit  austerity  household  debt  consumer  debt  property  bubble  credit  card  debt  car  loan  student  loan  debt  student  loan  student  debt  IMF  OECD  job  creation  Service  Sector  Jobs  trade  deficit  UK  George  Osborne  David  Cameron  fiscal  policy  industrial  policy  labour  market  underinvestment  education  policy  NHS  child  poverty  Gini  coefficient  inequality  social  mobility  income  mobility  recovery  2016  general  election  2015  budget  deficit  election  campaign  promises  Manifesto  Generationengerechtigkeit  fairness  trickle-down  economics  neoliberalism  neoliberal  labour  economics  Zero  Hour  Contract  part-time  minimum  wage  tax  credit  Contractor  self-employment  low  pay  Precariat  working  poor  low  income  disposable  income  discretionary  spending  debt  servitude  monetary  policy  fiscal  stimulus  Pact  Schuldenbremse  general  election  2020 
february 2016 by asterisk2a
Whatever happened to the obesity strategy? - BBC News
There is speculation now that it may not be published before Easter. The simple reason is the prime minister's overcrowded diary and his current preoccupation with Europe. David Cameron knows the clock is ticking down to the end of his premiership before the next election. He wants to make his mark on domestic policy and he has identified tackling obesity as an important potential part of his legacy. It is seen at Number Ten as a priority second term issue, to rank with the dementia initiative in his first term of office. Much of the groundwork has already been done by the Department of Health and Public Health England. [...] Mr Cameron's anti-red tape and pro-business leanings might steer him away from such an approach and towards a voluntary deal agreed with the supermarkets. But officials and experts will make the case for government intervention.
Tories  nanny  state  obesity  epidemic  obesity  childhood  obesity  David  Cameron  Big  Sugar  Sugar  Tax  NHS  public  health  policy  public  health  sick  population  diet-related  disease  chronic  diseases  health  crisis  health  care  budget  health  care  spending  Conservative  Party  self-regulation  dogma  ideology  free  market  neoliberalism  neoliberal  regulation  regulators  Party  Funding  general  election  2020  constituency  austerity  budget  deficit  Westminster  Whitehall  cancer  diabetes  metabolic  syndrome  overweight  high  blood  pressure  hypertension 
february 2016 by asterisk2a
Thousands told their pension savings could be at risk - BBC News
[ fees ] It follows fears that dozens of companies providing auto enrolment pensions are too small to survive. The BBC has also uncovered evidence that employers and workers are being deliberately misled by some providers. The government said it was aware of the issue, and was planning to take action. Independent experts claim the problem could affect up to a quarter of a million people a year who are putting their savings into so-called master trust pensions. Such schemes are popular with the 1.8 million small employers with fewer than 30 staff who are currently signing up under the auto enrolment programme. "There is a risk of these schemes falling over; there is a risk that members might lose their money," said Andrew Warwick Thompson, executive director for regulatory policy at the Pensions Regulator. However, he said scheme assets invested through asset managers regulated by the Financial Conduct Authority (FCA) would be safe. This will be "the vast majority of cases", he said.
Tories  Privatisation  self-regulation  regulation  speculation  speculative  retirement  401k  pension  scheme  pension  obligation  pension  fund  public  pension  George  Osborne  David  Cameron  DWP  Iain  Duncan  Smith  Toff  Privileged  Establishment  Whitehall  Westminster  No  Representation  Career  Politicians  dogma  ideology  microeconomic  policy  labour  market  Conservative  Party  nasty  secular  stagnation  Generationengerechtigkeit  Wall  Street  profit  maximisation  shareholder  value  Millennials  generationy  generationx  babyboomers  City  of  London  GFC  oversight  Bank  FCA  Greed  regulators  trust  free  market  neoliberalism  neoliberal  policy  error  policy  folly  HMRC 
february 2016 by asterisk2a
TWiST - E622 by TWiStartups
when displaced through technology "labour will find eventually more productive uses." // creative cognitive non-repetitive work is safe // more bounty // have to have social safety net! general welfare "complex issue" to tax the 1% for that ... // 40:50 Pakistan, Drone Warfare, one hand does x other hand does y ... see PBS Frontline on Iraq war. Also Fahrenheit 9/11. Cablegate. harbouring taliban, al-quaida, refuge and supplying them.
automation  Robotics  AI  artificial  intelligence  augmented  intelligence  self-driving  cars  autonomous  car  Mobile  Creatives  Mobile  Creative  creativity  standard  of  living  economic  history  book  Gini  coefficient  meritocracy  meritocratic  American  Dream  inequality  income  distribution  squeezed  middle  class  wage  stagnation  secular  stagnation  income  redistribution  welfare  state  social  safety  net  food  poverty  poverty  trap  child  poverty  poverty  free  market  trickle-down  economics  neoliberalism  neoliberal  fairness  tax  evasion  tax  avoidance  Generationengerechtigkeit  neoconservatism  neoconservatives  Career  Politicians  No  Representation  plutocracy  oligarchy  Super  Rich  1% 
february 2016 by asterisk2a
Brexit-Befürworter träumen vom Singapur auf Steroiden - SPIEGEL ONLINE
Ohne EU geht es der britischen Wirtschaft besser: Das versprechen Brexit-Befürworter, die mehr Handel und weniger Bürokratie erwarten. Doch ihre Hoffnungen sind mit hohen Risiken behaftet. [...] Am Dienstag warnten die Chefs von rund 200 britischen Unternehmen wie Vodafone Chart zeigen, Jaguar Land Rover und Shell Chart zeigen mit einem offenen Brief in der "Times" vor dem sogenannten Brexit. Bei einer Umfrage der Bertelsmann-Stiftung sprachen sich vier von fünf Unternehmenschefs für einen Verbleib in der EU aus. Andernfalls, so die Brexit-Gegner, drohten Jobverluste und Unternehmensverlagerungen. [...] Handel: Schwellenländer statt EU
City  of  London  neoliberalism  dogma  ideology  neoliberal  neoconservatism  neoconservatives  trickle-down  economics  austerity  corporate  tax  rate  self-regulation  regulation  banking  crisis  bank  bailout  GFC  Brexit  UK  Career  Politicians  trade  agreement  BRIC  emerging  middle  class  emerging  market  Frontier  Markets  TTIP  TPP  AIIB  PR  misrepresentation  Positioning  spin  doctor  regulators 
february 2016 by asterisk2a
Pando: So we’ve all agreed: Zenefits will be the (guilty) scapegoat for all that went wrong in tech for the last five years
You don’t have to read everything Pando has written in the past few years to know some of the things we’re not big on. Bro-ish behavior, breaking laws, the cult of disruption, Silicon Valley companies hiring dangerous political operatives, and dictating your business strategy based on how much money you can raise. To name just a few. You only have to read Farhad Manjoo’s excellent piece on Zenefits last week that detailed how staff were told to turn their t-shirts inside out when they went to bars, or the Journal’s latest story about how Zenefits HR had to circulate a memo asking people not to have sex in the stairwells anymore to know this was a company right up there with “Boober” and the college emails of Evan Spiegel... //&! Zenefits: Were the Valley's kingmakers wrong, or did they just lie? - bit.ly/1SS6bDv //&! The Inside Story Of The Meltdown at $4.5 Billion Unicorn Zenefits - soundcloud.com/jay-yarow/zenefits - the sky is the limit! hyperbole. doubling every year... landgrab!
Zenefits  Uber  Silicon  Valley  Hype  Cycle  growth  round  hunt  for  yield  distortion  governance  corporate  governance  corporate  culture  culture  filter  bubble  bubble  Angel  Investor  Party  Seed  Incubator  Private  Market  FOMO 
february 2016 by asterisk2a
Europa: Den Parteien laufen die Mitglieder weg - SPIEGEL ONLINE
[ symptoms ] SPD und CDU haben seit 1990 fast die Hälfte ihrer Mitglieder verloren. Die Erosion der Parteien ist kein deutsches Phänomen, sie findet in ganz Europa statt. Unsere Demokratie ändert sich dadurch grundlegend. [...] Parteimitglieder sind nur noch Randgruppen [...] Personen statt Programme [...] Die Mehrheit der Bürger misstraut den Parteien
plutocracy  oligarchy  Super  Rich  1%  neoliberalism  neoliberal  neoconservatism  neoconservatives  No  Representation  Career  Politicians  squeezed  middle  class  Workers  Union  Trade  Union  trickle-down  economics  democracy  Soziale  Marktwirtschaft  Agenda  2010  Perspektivlosigkeit  deprivation  lobbyist  lobby  Lobbying  revolving  door  corruption  bribery  history  tax  evasion  tax  avoidance  multinational  conglomerate  Lügenpresse  corporate  media  trust  distrust  trustagent  symptom  globalization  globalisation  flat  world  borderless  Schwarzkasse  Jeremy  Corbyn  Bernie  Sanders  austerity  Precariat  working  poor  precarious  work  Zeitarbeit  labour  market  Leiharbeit  Zero  Hour  Contract  Contractor  part-time  Minijob  self-regulation  deregulation  speculative  bubbles  credit  bubble  reflate  reflation  wage  stagnation  income  growth  income  distribution  Gini  coefficient  inequality 
february 2016 by asterisk2a
An Alarm Goes Off Threatening The "Strong U.S. Jobs" Myth: Withheld Income Taxes Are Stalling | Zero Hedge
[#misrepresentation - FOI request to HMRC - job creation, ask for list of annual salary 2009 - till now - picture emerges of mostly low pay jobs. with more and more job qualifying for tax credits. ask also for numbers of tax credits during the "recovery" and also income based job seeker allowance, people just working 16hrs or less. - also housing benefit. / also the numbers and incomes for self-employed and their income development during the recovery, do they grow their income? or do they make ends meet? ] The best example of this is when looking at the growth of federal income and employment tax withholdings, the broadest and most timely read on the health of the job market, which as Jed Graham writes, "has been sinking at an alarming rate." While for most of 2015, tax withholdings rose at a rate of 5% or more from a year ago, on the back of job growth and gains in wages, commissions and other incentive pay, in recent months there has been a substantial dropoff in this key indicator.
FOI  UK  USA  recovery  Service  Sector  Jobs  economic  history  secular  stagnation  George  Osborne  wage  stagnation  low  pay  low  income  labour  market  precarious  work  Precariat  working  poor  disposable  income  discretionary  spending  income  growth  part-time  Zero  Hour  Contract  Contractor  self-employment  HMRC  IRS  Freedom  of  Information  Act  austerity  David  Cameron  nasty  party  PR  spin  doctor  Positioning  misrepresentation 
february 2016 by asterisk2a
Koch Brothers Declare War On Electric Cars - YouTube
introduce a carbon tax, rather than cherry picking! // who is also invested in their "ventures"? Arabs! See also Fahrenheit 9/11 documentary by Michael Moore. //&! Koch Bros Behind Solar Power Fines - youtu.be/E3SDcOZLksk --- ALEC lobby group. //&! Koch Bros Slammed By Billionaire T. Boone Pickens - youtu.be/65Y1RWDdQBI //&! Koch Brothers Caught On Tape - Obama & Osama Compared - youtu.be/hTUjYyae2zw //&! Koch Brothers Destroyed By Bloomberg Report - youtu.be/ENuN2R0je0k //&! Letters Expose Agenda Of Billionaire Koch Brothers - youtu.be/1JdhyI8mmqY //&! Koch Bros Tried To Shut Up Maddow, Bad Idea - youtu.be/J4XQO6bH7_k //&! Zach Galifianakis Slams Koch Brothers - youtu.be/fW96KEbeGTw //&! Koch Brothers EXPOSED: 2014 (ft. Bernie Sanders) - youtu.be/2N8y2SVerW8 //&!
fossil  fuel  vested  interest  interest  groups  carbon  tax  electric  car  Tesla  Motors  renewable  energy  solar  energy  wind  energy  subsidies  subsidizing  COP21  plutocracy  Greed  oligarchy  Super  Rich  1%  revolving  door  lobbyist  lobby  Lobbying  Koch  Brothers  Career  Politicians  Super  PAC  presidential  election  2016  climate  change  Generationengerechtigkeit  global  warming  climate  crisis  economic  damage  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  corporate  welfare  pork  barrel  corporate  scandal  Oil  price  commodity  prices  budget  deficit  industrial  policy  competitiveness  competitive  crony  capitalism  history  Saudi  Arabia  petrodollar  Petroleum  Industry  petrodollars  Middle  East  gwbush  bush  georgewbush  fracking  shale  gas  SolarCity  Panel  ALEC  bribery  corruption  antitrust  far-right  free  market  neoconservatism  neoconservatives  neoliberalism  neoliberal 
february 2016 by asterisk2a
This Letting Agent Admits The Housing Shortage Is Good News For Landlords - BuzzFeed News
[ Lord Adair Turner book & Richard Koo; banks tend 2 lend 2 property & land rather than productivity/businesses. risk averse, if the family cant pay the mortgage any more, than at least u have not lost all the money! less risky! Its also partly rentier behaviour of banks. // also BOE has to be concerned about future disposable income; rent & utilities eating up 50%-75% of income thus less for consumption! ] “Landlords’ balance sheets are looking healthier than at any point since 2014, and property investors are looking at an excellent rate of return from their portfolios.” Gill warned that changes to stamp duty announced in chancellor George Osborne’s Autumn Statement and due to take effect on 1 April – people selling buy-to-let investments will pay an extra 3% – were bad news for landlords. But overall, the “consistent and developing lack of housing for across all tenures, for a spiralling population” meant the level of demand for rental properties would not reduce, he said.
property  bubble  speculative  bubbles  asset  bubble  asset  allocation  macroprudential  policy  Generationengerechtigkeit  generation  rent  Housing  Crisis  social  affordable  distortion  ZIRP  NIRP  QE  aggregate  demand  Right  to  Buy  Buy-to-Let  Help  to  Buy  Scheme  Help  to  Save  policy  folly  policy  error  consumer  debt  household  debt  budget  deficit  recovery  mortgage  market  credit  bubble  GFC  bank  bailout  BOE  zombie  banks  rentier  rent-seeking  Richard  Koo  underinvestment  productive  investment  infrastructure  investment  zombie  consumer  industrial  policy  economic  history  Mark  Carney  financial  repression  behavioral  finance  behavioral  economics  herding  herd  hunt  for  yield  leverage  margin  trading  equity  bubble  Gini  coefficient  disposable  income  discretionary  spending  VAR  CDO  CDS  risk  aversion  squeezed  middle  class  secular  stagnation  inequality  UK  generational  contract  lost  generation  constituency  Tories  Conservative  Party  nasty  David  Cameron  George  Osborne  general  election  2015  general  election  2020  fiscal  policy  austerity  monetary  policy  liquidity  trap 
february 2016 by asterisk2a
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