asterisk2a + skill-biased   101

Inequality report: Top 1% of Scots have more than bottom 50% - The Scotsman
The richest one per cent north of the border owns more wealth than the bottom 50 per cent, with the poorest 40 per cent of households 9.4 times worse off in 2012/14 than the top 10 per cent, compared with 8.8 times in 2010/12. The research paper found that the least wealthy 30 per cent of households “have very few assets, with employment no longer a guarantee against low wealth.”
Scotland  inequality  Gini  Coefficient  poverty  trap  working  poor  income  mobility  social  education  public  health  distribution  redistribution  Super  Rich  1%  10%  Oligarchy  Plutocracy  UK  Precariat  downward  SNP  taxation  upward  skills  skill-biased  technological  unemployment 
february 2017 by asterisk2a
UK faces return to inequality of Thatcher years, says report | Business | The Guardian
Pressure on the government to help struggling Britons has intensified after a leading thinktank warned that falling living standards for the poor threatened the biggest rise in inequality since Margaret Thatcher was prime minister.

The Resolution Foundation said Theresa May would need to make good on her pledge to support “just about managing” households as it released a report showing that rising inflation and an end to recent strong jobs growth would hit the least well-off hardest.
UK  Brexit  Austerity  tax  credit  Tories  JAM  nasty  party  Conservative  poverty  fuel  working  poor  Precariat  zero  hour  contract  Contractor  Self-Employment  gig  Economy  1099  part-time  social  mobility  income  distribution  redistribution  squeezed  middle  class  technological  unemployment  underemployed  underemployment  trap  education  policy  public  health  inequality  Food  Bank  gini  Coefficient  Triple  Lock  Pension  JSA  ESA  DWP  minimum  wage  taxation  evasion  avoidance  HMRC  NHS  inflation  living  standard  disposable  discretionary  spending  Card  consumer  debt  household  underinvestment  skills  skill-biased  Productivity  output  gap  downward  upward  Theresa  May  George  Osborne  David  Cameron  Philip  Hammond 
february 2017 by asterisk2a
For UK women in low-paid jobs, a second child is a mixed blessing | Society | The Guardian
Lack of childcare means mothers have to stop working and see their incomes fall, according to LSE study [...] A new study finds that, while the addition of a second child has little effect on the working hours of mothers in skilled jobs, it has a substantial and negative effect on low-skilled women who are forced to reduce their hours considerably or even give up their jobs altogether. The findings reinforce the view that there is a shortage of affordable childcare in the UK, despite successive government attempts to help women into work in recent years.
single-mother  gender-based  inequality  child  care  tax  credit  UK  income  social  mobility  skill-biased  technological  unemployment  change  skill  gap  skills  STEM 
august 2016 by asterisk2a
Festival of Economics 2014: Will the Robots Eat all the Jobs? - YouTube
gov needs to smooth transition! education that focuses on analytics, creativity and research. and an economy w more capital investment! [...] link CXX pay w investment, not shareprice or company value per se. and/or mend the tax code to generously reduce corporation tax rate w how much they invest of their turnover, on a linear scale.
technological  unemployment  Universal  Basic  Income  Grundeinkommen  structural  unemployment  long-term  unemployment  skill-biased  technological  change  Industrial  Revolution  Mobile  Creative  Mobile  Creatives  self-employment  Precariat  precarious  employment  precarious  work  working  poor  Zero  Hour  Contract 
july 2016 by asterisk2a
Behind the Bond-Stock Divide Is a Big and Risky Bet on Central Banks - WSJ
The idea is that if stocks are rising, bond yields should be climbing too. Here's how to reconcile it. The answer is central banks. If rates are going to stay lower for longer; if more rounds of quantitative easing are coming; if new ways of easing are coming -- the rates should be going down and stocks moving higher. [...] It's about dividends paying more than bonds. 90% of the bond market universe is near 2% or lower. //&! http://www.zerohedge.com/news/2016-07-12/germany-about-sell-zero-coupon-10-year-bonds-first-time-ever //&! http://www.zerohedge.com/news/2016-07-13/we-just-found-out-who-has-been-buying-all-these-record-low-yielding-bonds - When your nation's bonds are trading with a record low 28bps negative yield (10Y JGBs), everything else in the world (aside from Swiss 10Y) is a relative 'value'...
bond  bubble  ZIRP  NIRP  QE  equity  bubble  hunt  for  yield  central  banks  BIS  Fed  BOE  ECB  BOJ  PBOC  secular  stagnation  wage  growth  output  gap  productivity  gap  squeezed  middle  class  working  poor  Precariat  inequality  Gini  coefficient  western  world  rising  middleclass  Asia  BRIC  income  distribution  tax  evasion  tax  avoidance  crony  capitalism  capitalism  in  crisis  capitalism  neoliberal  neoliberalism  globalisation  global  economy  globalization  free  trade  dividends  underinvestment  business  confidence  consumer  confidence  discretionary  spending  disposable  income  student  debt  consumer  debt  car  loan  property  bubble  speculative  bubble  speculative  bubbles  distortion  asset  allocation  austerity  AI  Robotics  automation  augmented  intelligence  Structural  Impediments  imbalance  unemployment  long-term  unemployment  skills  gap  skill-biased  technological  change  skills  shortage  economic  history  Brexit  technological  history  underemployed  underemployment  part-time  deflation  deflationary  JGB 
july 2016 by asterisk2a
Does The Myth of Meritocracy show us how to alleviate inequality?
No debate about social mobility is complete without reference to the supposedly halcyon days of the 1950s and 1960s. The class fluidity of those decades, however, was not the result of professions becoming more meritocratic. It was caused by an unprecedented rise in the number of middle-class jobs: there was more room at the top. [...] Bloodworth writes that 21st-century society is characterised by a dwindling of professional jobs and more people slipping downwards: there is “more room at the bottom”. [...] Globalisation has created what the economist Robert H Frank calls “winner-takes-all” markets
downward  mobility  social  mobility  income  mobility  inequality  Paul  Mason  book  post-capitalism  James  Bloodworth  Gini  coefficient  income  distribution  structural  unemployment  long-term  unemployment  skill  gap  skills  gap  skill  mismatch  skill-biased  technological  change  AI  artificial  intelligence  globalisation  globalization  rising  middleclass  squeezed  middle  class  BRIC  Manufacturing  economic  history  sociology  Brexit  Identitypolitics  Identitätspolitik  career  ladder  education  bubble  education  cost  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  Robotics  Robots  automation  neoclassical  economics  Chicago  School  trickle-down  economics  trickle-down  effect  1%  10%  20%  working  poor  Precariat  credit  card  credit  card  debt  consumerism  consumerist  austerity  bank  bailout  capitalism  in  crisis  neoliberal  neoliberalism  crony  capitalism  tax  evasion  tax  avoidance  Baby  Boomers  babyboomers  Elizabeth  Warren  Joseph  Stiglitz  poverty  trap  poverty  child  poverty  rentier  rent-seeking  winner  take  all  monopoly  monopsony  conglomerate  multinational  Toff  Privileged  Establishment  No  Representation  Politicians  career  politician  Centrist  meritocracy  meritocratic  plutocracy  oligarchy  capitalism 
july 2016 by asterisk2a
Testing times ahead for Universal Credit
[ in real terms cuts through the back door. spin doctor and positioning ] Universal Credit was meant to bring "radical changes" to people's real incomes and incentivise them to move off benefits and into work, according to David Finch, a former economic analyst at the DWP.
"But... the strength of the improved incentives it was meant to bring have been gradually eroded," he says, speaking in his current role as a researcher at the Resolution Foundation.
There have been significant tensions between the Treasury and the DWP over its cost.
Last year the government announced funding cuts to the universal credit "work allowance" - reducing the amount people can earn before benefit payments are withdrawn.
Universal  Credit  DWP  Stephen  Crabb  austerity  spin  doctor  Positioning  PR  Iain  Duncan  Smith  poverty  trap  skill  gap  skill  mismatch  skill-biased  technological  change 
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
Why the Work Programme didn’t get Sarah a job | Martin Bright | Society | The Guardian
The government’s flagship welfare-to-work programme institutionalises bullying, interrupted only by undirected job searches // Work programme creates just 48,000 long-term jobs in three years. Flagship jobs scheme the government insisted would help millions back into work is called into question by figures - bit.ly/1ipiBhW
DWP  Iain  Duncan  Smith  unemployment  long-term  unemployment  youth  unemployment  social  mobility  income  mobility  downward  mobility  Gini  coefficient  skills  gap  capital  skills  human  capital  skill-biased  technological  change  skills  practical  skills  practical  skill  set  vocational  education  professional  education  austerity  underinvestment  STEM  Tories  Conservative  Party  dogma  PR  spin  doctor  reframing  framing  Positioning  ideology  Toff  Establishment  Entitlement  Privileged 
september 2015 by asterisk2a
Higher education cuts 'risk NI being left behind' - BBC News
Northern Ireland is in danger of being left behind if there are further cuts to the higher education budget, a leading technology expert has warned. Tom Gray of Belfast software firm Kainos said more investment was needed to produce skilled workers.
UK  austerity  skill-biased  technological  change  education  policy  George  Osborne  David  Cameron  Gini  coefficient  poverty  trap  inequality  income  mobility  social  mobility  Tories  Conservative  Party  Toff  Privileged  Entitlement  Establishment  budget2015  competitive  competition  competitiveness  globalization  globalisation  flat  world  borderless  Software  Is  Eating  The 
september 2015 by asterisk2a
'The trade union bill is sinister' | Owen Jones meets Frances O'Grady - YouTube
>> Changes for Tories constituency.
Trade  Union  Workers  Union  Wall  Street  shareholder  value  profit  maximisation  John  Lewis  co-op  cooperation  gender  pay  gap  CEO  pay  No  Representation  Soziale  Marktwirtschaft  globalization  globalisation  Germany  UK  USA  White-collar  Worker  Blue-collar  Worker  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  democracy  fairness  Gesellschaft  Gerechtigkeit  exploitation  neoliberalism  neoliberal  lobbyist  lobby  Lobbying  Tories  Conservative  Party  David  Cameron  George  Osborne  dogma  austerity  wage  growth  income  growth  ideology  low  income  income  distribution  productivity  income  gap  income  redistribution  income  inequality  Gini  coefficient  inequality  social  mobility  income  mobility  downward  mobility  education  policy  apprenticeships  Super  Rich  1%  tax  evasion  tax  avoidance  tax  code  corporate  tax  rate  underinvestment  business  investment  skills  gap  capital  skills  human  capital  skill-biased  technological  change  practical  skills  practical  skill  set  short-term  thinking  short-term  view  opportunity  opportunist  trickle-down  economics  Establishment  Toff  Privileged  social  safety  net  welfare  state 
september 2015 by asterisk2a
Zero hour contracts | Economics Help
41% of people on a zero hour contract job – wish to gain a replacement job, additional job or more hours in current job. This compares to just 12% of people not on a zero hour contract. Supporters argue zero hour contracts have helped to increase labour market flexibility, reduce unemployment and reduce costs for firms. For some workers, the job flexibility is advantageous. However, the rise of zero hour contracts have increased the phenomena of under-employment – where people have a job, but less hours and income than they would like. Critics argue that zero hour contracts lead to lower income, greater job and financial insecurity and reduced quality of life. // via https://redd.it/3kw63i // from comments - These contracts could only have come into being because employers today have the upper hand. The situation is victorian and strips the worker of all dignity. // // Here is not investment happening in the workforce to close skills gap. It's take take take.
Zero  Hour  Contract  Contractor  working  poor  job  security  precarious  work  Precariat  Service  Sector  Jobs  job  creation  recovery  UK  2015  neoliberalism  neoliberal  Workers  Union  Niedriglohnsektor  Niedriglohn  minimum  wage  profit  maximisation  shareholder  value  Wall  Street  manual  labour  labour  market  labour  economics  job  market  tax  credit  child  tax  credit  working  tax  credit  underemployed  Sozialer  Abstieg  squeezed  middle  class  youth  unemployment  exploitation  microeconomic  policy  microeconomics  Career  Politicians  lobbyist  lobby  Lobbying  No  Representation  society  Gini  coefficient  poverty  trap  child  poverty  food  poverty  chronic  stress  social  mobility  income  mobility  downward  mobility  professional  education  vocational  education  capital  skills  skill-biased  technological  change  skills  gap  human  capital 
september 2015 by asterisk2a
How Legal Immigration Failed Silicon Valley | TechCrunch
Our immigration system hinders entrepreneurship, innovation and productivity. Success in the tech industry, where whole new job categories are created overnight, requires deep familiarity with trends, products and technologies. Learning opportunities abound — if you’re willing to transition to new roles, educate yourself, work on different products or switch companies altogether. Building your own startup, or even joining one, can be the best career move; it offers remarkable potential for growth by wearing multiple hats in an expanding organization. The labor market benefits from this flexibility not just with an improved and adaptable workforce, but also one that creates jobs. The immigration process impedes all these possibilities. [...] [ reset process when switching companies ] [...] And that’s not even the worst part. If you get laid off, you must leave the country. Immediately. [...] Try telling your VC you spent $25,000 of their $1 million funding on immigration fees
USA  immigration  Europe  Germany  UK  skill-biased  technological  change  skills  gap  capital  skills  workforce  migration  ecosystem  Silicon  Valley  Berlin  Start-Up  Scene  London  Scene  Green  Card  job  security  insecurity  American  Dream  entrepreneur  practical  skills  practical  skill  set  skill  job  creation  borderless  globalization  globalisation  flat  world  global  economy  digital  economy  marginal  cost  economics  of  abundance  Future  of  Work  Remote  Work  liberal  economic  reform  policy  error  short-term  view  Career  Politicians  No  Representation  neoconservatism  neoconservatives  Rechtsruck  ageing  population  demographic  bubble  STEM  R&D  Research  Industrial  Revolution  2.0  policy  labour  market  labour  economics  added  value  value  creation  multiplier  education  policy  vocational  education  professional  education  long-term  view  HR  human  resources  hiring  recruiting  recruitment  war  for  talent  H1B  startupvisa  visa  H-1B 
september 2015 by asterisk2a
Robert Greene: How to Master Anything and Achieve Greatness by Lewis Howes | Free Listening on SoundCloud
craft a career path that suits ur interest. what are u getting excited abt every day. helps with learning, deep learning! the more passion. the more knee deep u are in. increases ability to learn. // go through apprenticeship, and tour of duty. its skills skills skills. 3, 4, 5, 6, ... live in hyper competitive world (globalisation) // information has to become accumulated, stored, put into action again and again (retrieval). // social intelligence, EQ, forging your own path, // let your work speak for itself, for you. // social intelligence // 10000 hours // you become the product of your education (environment). // Napoleon // we life in a complex world, master your complex field, ideas come to you. philosophers stone. // its about problem solving. its not sexy and glamorous // entrepreneurship is about character, worth more than an ivy league degree // go where you learn most, start-up // u dont want people 2 love u, u have no control over it, it is not needed. its abt skills.
Robert  Greene  book  Start-up  of  You  Success  Failure  self-actualization  self-awareness  passion  long-term  view  differentiate  differentiation  capital  skills  skill-biased  technological  change  practical  skill  set  skills  gap  career  advice  career  ladder  competitiveness  competitive  Future  of  Work  Mobile  Creatives  mentoring  mentor  life  hacker  life  lesson  Problem  Solving  Personal  Brand  practical  skills  softskills  skills  discipline 
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
Dan Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic - YouTube
free self-regulated market where winner take all - creates adverse outcomes. //<< Book - The Darwin Economy: Liberty, Competition, and the Common Good by Robert H. Frank - Competition can be devastating if it is about winner take all !!! - youtu.be/hmbfK​DvDrJI - via Dan Ariely // // !!! QE - reflate - hope and pray confidence will come back and economy roars back to health. did not happen. // poverty trap // trend continues w inequality, // post-racial America // inability to get out of bad situation // under banked, payday loan // studies have shown, Americans imagine/think of their countries more equal and just than Sweden // (1) create new financial institution, retail banking serving people (not making 15% profit p/a to give it to share holders even demanding more) like Sparkassen // (2) reform education // (stop damaging) narrative of invisible hand - getting the best out of people // national identity // sense of agency !!!
inequality  QE  competitive  competition  winner  take  all  monopoly  monopsony  book  shared  economic  interest  common  good  Dan  Ariely  China  credit  bubble  ZIRP  NIRP  business  confidence  consumer  confidence  equity  bubble  speculative  bubbles  Super  Rich  1%  asset  bubble  faultlines  structural  imbalance  Impediments  Gini  coefficient  social  mobility  income  mobility  poverty  trap  child  poverty  poverty  USA  UK  Europe  austerity  recovery  2015  social  cohesion  social  tension  social  contract  welfare  state  social  safety  net  education  policy  skill-biased  technological  change  skills  gap  western  world  post-racial  America  Jim  Crow  working  poor  squeezed  middle  class  Sozialer  Abstieg  Germany  food  poverty  budget2015  fairness  Generationengerechtigkeit  Privileged  Toff  Establishment  Public  Services  Services  society  racial  segregation  gentrification  Gentrified  class  segregation  urbanisation  urban  planning  social  housing  affordable  housing  Lügenpresse  manufactured  consent  corporate  media  corporate  state  propaganda  populism  stigma  self-regulation  deregulation  Wall  Street  invisible  hand  crony  capitalism  profit  maximisation  shareholder  value  bank  bailout  TBTF  too  big  to  bail  too  big  to  jail  meritocra 
august 2015 by asterisk2a
Easy Money Creates the Most Dangerous Bubbles - Bloomberg View
[Money has been slushing arnd in markets speculating, not investing in future & productive, added value goods. big companies are flush 2. easy credit is holding zombie corps of the last century over water. western world is persisting 2 put a banking bailout/crisis in the light of a sovereign debt crisis 2 push idealogical austerity. falling way being, never be able 2 catch up with productivity, output gap, STEM, research, future of work, smart grid & infrastructure, retooling their economy 21st century style.] // "speculation in property markets, amplified by mortgage financing, as a persistent central factor driving economic cycles." [...] the worst bubbles -- those that inflict the most economic pain -- tend to involve not just speculation, but a surge in easy lending and increasing leverage. [...] economic downturns following credit bubbles were generally worse and lasted longer. [...] danger of leverage cycle. // [ easy credit & debt fuelled recovery of assets, not fundamentals ]
book  credit  bubble  liquidity  trap  Richard  Koo  economic  history  zombie  banks  Mark  Blyth  Paul  Krugman  Joseph  Stiglitz  business  confidence  business  investment  economic  damage  2015  faultlines  structural  imbalance  structural  unemployment  skills  gap  skill-biased  technological  change  education  policy  austerity  fiscal  policy  monetary  policy  recovery  western  world  USA  UK  Europe  Germany  underinvestment  productive  investment  infrastructure  investment  Smart  Grid  Software  Is  Eating  The  GFC  Career  Politicians  status  quo  social  contract  fairness  Generationengerechtigkeit  banking  crisis  TBTF  too  big  to  bail  too  big  to  jail  toobigtofail  financial  market  leverage  margin  trading  property  bubble  mortgage  market  ZIRP  NIRP  QE  Impediments  distortion  economic  model  economic  cycle  financial  cycle  financial  crisis  financial  incentive  financial  repression  financial  literacy  ECB  Abenomics  BOJ  BOE  Fed  monetary  stimulus  macroprudential  policy  macroeconomic  policy  microeconomic  policy  deleveraging  balance  sheet  recession  debtoverhang  BIS  unintended  consequences  unknown  unkown  PBOC  China  equity  bubble  speculative  bubbles  bond  bubble  debt  bubble  asset  bubble  asset  allocation  academia  academics  economic-thought  behavioral  economics  behavioral  finance  hubris  panic  consumer  confidence  confidence  trust  banking  investment  banking  distr 
august 2015 by asterisk2a
Steve Keen on Education - YouTube
economy future relies on innovation. and if you check and monitor to death a system, and add bureaucracy on top of it, and low wages, and being under staffed and being over worked. and crowded, noisy class rooms (unable to spot talent and unable to sponsor). you can't have a prosperous future economy/generation with high social mobility. higher incomes. new industries. // oh and theyve cut research to nothing // oh and the creative digital industry is complaining, and added value industry is complaining about lack of qualified/skilled young workforce. // // UK will lose rest of its heavy industry because of energy prices it can't compete on world wide because it hasn't invested in the Smart Grid, energy storage systems, infrastructure, and renewable energy! Period. Budget2015 they cut all of renewable investment schemes and even had the audacity to put a carbon tax levy on it!
UK  education  policy  social  mobility  income  mobility  Gini  coefficient  STEM  University  College  vocational  education  apprenticeships  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Research  knowledge  economy  knowledge  worker  skill-biased  technological  change  skills  gap  capital  skills  practical  skills  practical  skill  set  softskills  Fachkräftemangel  Millennials  generationy  entrepreneurship  entrepreneurial  social  entrepreneurship  capitalism  creative  destruction  disruption  Software  Is  Eating  The  World  Robotics  3D  printing  automotive  automation  self-driving  cars  autonomous  car  globalization  globalisation  borderless  flat  competitive  competition  competitive  advantage  competitiveness  public  investment  business  investment  underinvestment  productive  investment  infrastructure  investment  long-term  view  short-term  view  Career  Politicians  No  Representation  social  contract  Generationengerechtigkeit  fairness  secular  stagnation 
august 2015 by asterisk2a
Pando: STEM talent: It's a distribution problem
But there's another side to the story: STEM jobs may not be the most attractive for the top STEM grads. The Economic Policy Institute found that half the students who studied computer science, but weren't working in comp-sci after they graduated, said it's because they found a better job. Grads can make more money in managerial and professional positions, where the median annual salary is $20,000 higher according to 2009 U.S. Census data. Wages have remained stagnant in the IT sector for the last decade, according to the Economic Policy Institute's report. // // but not SV and Co. (where you have fundamental fault lines of supply AND demand)
STEM  skill-biased  technological  change  education  policy  professional  education  vocational  education 
august 2015 by asterisk2a
Paul Mason: what they aren't telling you about work - YouTube
hollowing out // automation - vs - skill & problem solving (figuring out how to automate/put something together/create new) - vs - end of the chain work (low end, manual, repetitive, service...) // within the next 20 years, 47% of jobs in developed world could be replaced by robots/automation/machines // Future of Work is about problem solving, not putting (end of the chain) things together. figuring out the new, making the new, making something better, more efficient, faster, better quality, ... // and as it stands now, those who reap the rewards will be few. and gov policy, ie tax evasion, tax avoidance, tax code, fairness, --- gains have to be shared.
squeezed  middle  class  White-collar  Worker  Blue-collar  Worker  manual  labour  labour  market  job  creation  skill-biased  technological  change  practical  skill  set  practical  skills  skill  gap  capital  skills  skills  gap  automation  Robotics  working  poor  Software  Is  Eating  The  World  3D  printing  Manufacturing  industrial  policy  UK  USA  Europe  developed  western  Future  of  Work  knowledge  economy  Problem  Solving  Mobile  Creatives  Mobile  Creative  domain  knowledge  knowledge  algorithm  precarious  Zero  Hour  Contract  Contractor  self-employment  insecurity  job  security  technological  progress  STEM  Makers  protectionism  Research  Revolution  2.0  Revolution  Universal  Basic  Income  tax  credit  tax  free  economics  of  abundance  marginal  cost  renewable  energy  Marketplace  destruction  creator  innovator  innovation  entrepreneurial  entrepreneurship  entrepreneur  Precariat  Share  post-capitalism  Super  Rich  1%  inequality  mobility  social  mobility  rapid  change  generational  change  tax  code  capital  gains  tax  growth  wage  stagnation  secular  stagnation  productivity  output  gap  shared  economic  interest  Wall  Street  exploitation  shareholder  value  profit  maximisation  fairness  Generationengerechtigkeit  Gesellschaft  identity  status  status  social  status  social  an 
august 2015 by asterisk2a
Darwinism At Your Doorstep: Why You Only Care About Amazon Now | TechCrunch
“You either fit here or you don’t,” and that in Seattle the company has a widespread reputation for its toughness. For now, you have a choice whether to work for Amazon. For now, you have options. Amazon is the vanguard of a very scary movement in the tech sector but we’re not all there yet (though some techbros on Twitter seem happy at the thought of Amazon culture catching on). [...] Why do we care suddenly about working conditions when it turns out that white-collar employees are the ones getting shafted? The workers at Amazon fulfillment centers have much less choice and much less power than the marketers and engineers in the Times piece. [...] We’re acting shocked and horrified that Amazon applies what it calls “purposeful Darwinism” to people with MBAs and PhDs, // [ trend, conditions known in service sector job and manual labour sector swapping over into the cushy world of blue-/white-collar worker ] Capitalism regresses toward feudalism.
Amazon  Silicon  Valley  corporate  culture  corporate  values  HR  human  resources  squeezed  middle  class  Sozialer  Abstieg  White-collar  Worker  Blue-collar  Worker  working  poor  precarious  work  class  warfare  USA  UK  competitive  competitiveness  competition  neoliberalism  neoliberal  perks  benefits  Europe  globalization  globalisation  borderless  Software  Is  Eating  The  World  automation  Robotics  flat  self-employment  freelance  freelancing  Zero  Hour  Contract  Contractor  Service  Sector  Jobs  manual  labour  job  market  labour  economics  labour  market  western  secular  stagnation  economic  history  differentiate  differentiation  Seth  Godin  career  ladder  career  advice  being  remarkable  Purple  Cow  Future  of  Mobile  Creatives  Mobile  Creative  destruction  capitalism  crony  capitalism  Wall  Street  profit  maximisation  shareholder  value  Jeff  Bezos  monopsony  monopoly  deflationary  deflation  wage  stagnation  trickle-down  economics  Thomas  Piketty  book  Universal  Basic  Income  tax  code  Super  Rich  1%  inequality  inequality  Gini  coefficient  tax  capital  gains  tax  capital  gains  technological  progress  skill-biased  technological  change  technological  history  augmented  intelligence  living  standard  standard  of  living  cost  of  living  living  wage 
august 2015 by asterisk2a
How World of Warcraft Could Save Your Business and The Economy - YouTube
https://twitter.com/jhagel/status/634747935356551168 - Hagel is/was Deloitt CEO? // working in a self-organising group, << big corporation. multi-product company. // Start-up of You - invent your own dashboard for you. OKR & continual learning, exploration, execution, challenging yourself. getting up again after failure and learning/analysing it and trying again. &! passion, curiosity, interest driven. // https://twitter.com/jhagel/status/634747935356551168
MBA  hiring  human  resources  HR  EQ  IQ  softskills  practical  skills  skill-biased  technological  change  Problem  Solving  practical  skill  set  Start-Up  advice  of  You  Start-Up  lesson  TQ  corporate  values  corporate  culture  meritocracy  meritocratic  Office  Politics  OKR  Failure  continual  education  education  policy 
august 2015 by asterisk2a
Will Advances in Technology Create a Jobless Future? | MIT Technology Review
Who Will Own the Robots? - We’re in the midst of a jobs crisis, and rapid advances in AI and other technologies may be one culprit. How can we get better at sharing the wealth that technology creates? // BY MARTIN FORD - The Great Divide: Unequal Societies and What We Can Do About Them BY JOSEPH E. STIGLITZ &! Inequality: What Can Be Done? BY ANTHONY B. ATKINSON &! The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies BY ERIK BRYNJOLFSSON AND ANDREW MCAFEE // &! Paul Krugman - “A lot of what’s happening [in income inequality] is not just the gods of technology telling us what must happen but is in fact [due to] social constructs that could be different.” - gov policy, corporate policy (ie 4-day work week and 6-hour days because productivity and profit margin do allow for that, and more brings diminished returns etc etc but will that go down well with Wall Street?)
Universal  Basic  Income  tax  evasion  tax  avoidance  crony  capitalism  shared  economic  interest  AI  Software  Is  Eating  The  World  marketplace  efficiencies  mobile  homescreen  mobile  phone  commodity  business  commoditization  Service  Sector  Jobs  Niedriglohnsektor  Future  of  Work  Creatives  Creative  skill-biased  technological  change  skills  gap  skill  mismatch  education  policy  Makers  4-day  week  6-hour  day  productivity  output  gap  secular  stagnation  squeezed  middle  class  working  poor  precarious  1099  Economy  Gig  Economy  self-employment  Zero  Hour  Contract  Contractor  on-demand  convenience  outsourcing  job  creation  job  market  labour  economics  labour  market  neoliberalism  neoliberal  Wall  Street  profit  maximisation  shareholder  value  capitalism  inequality  capital  gains  1%  Super  Rich  meritocracy  meritocratic  tax  code  tax  tax  free  welfare  state  tax  credit  Public  Services  Social  Services  austerity  dogma  manufactured  consent  propaganda  populism  lobbyist  lobby  Lobbying  PR  spin  doctor  Robotics  3D  printing  Manufacturing  STEM  industrial  policy  automation  self-driving  cars  autonomous  car  marginal  cost  economics  of  abundance  safety  net  Gini  inequality  technological  technological  labour  capital 
august 2015 by asterisk2a
What is the 'gig' economy? | FT Comment - YouTube
human capital, HR - as cost center. // trading short-term competitiveness (kick ppl of the book according to demand) but trade it in aggregate with long-term social deprivation and skill gaps and underinvestment. because of dog eat dog mentality than you are incentivised to compete on price, because it is the easiest and you are able to to it with those neoliberal labour reforms in Europe. Don't compete with Amazon on price. Don't compete with China/Asia on price. Stupid.
Gig  Economy  1099  Economy  Zero  Hour  Contract  freelancing  freelance  part-time  Contractor  working  poor  precarious  work  uncertainty  squeezed  middle  class  Sozialer  Abstieg  neoliberalism  neoliberal  21stcentury  job  creation  job  market  labour  economics  labour  market  manual  labour  Service  Sector  Jobs  on-demand  convenience  western  world  Zeitarbeit  Leiharbeit  Europe  UK  USA  Germany  capitalism  human  capital  conglomerate  social  safety  net  Universal  Basic  Income  self-employment  tax  credit  poverty  trap  poverty  in  old  age  savings  rate  Policy  Makers  lobbyist  lobby  Lobbying  folly  error  short-term  thinking  short-term  view  meritocracy  meritocratic  Alain  de  Botton  work  environment  philosophy  chronic  stress  Precariat  Future  of  Mobile  Creatives  Mobile  Creative  profit  maximisation  shareholder  value  Workers  Union  Wall  Street  budget  deficit  OECD  IMF  lost  generation  lost  decade  professional  education  vocational  education  education  unintended  consequences  skills  gap  skill-biased  technological  change  Software  Is  Eating  The  Niedriglohnsektor  microeconomic  macroeconomic  deprivation  Perspective  hopelessness  voter  turnout  Career 
august 2015 by asterisk2a
Immigrants Don’t Steal Jobs by Slate's The Gist
high skill immigration adds to economy. low skill adds to economy - if - they are put into higher education and start to add after a handful of years to the economy in a added value job, not service sector job. // Debunking the Myth of the Job-Stealing Immigrant for the New York Times Magazine. // marginal downside effects. no sudden shocks because of migration. // immigration should be supplement to existing ('native') workers. - even low skilled workers are complement, to the skilled worker/economy. // net benefit to federal economy (taxes), net cost to local economy - integrating immigrants.
immigrants  immigration  Asylbewerber  Asylum  UK  USA  Europe  Germany  Ausländerfeindlichkeit  2015  demographic  bubble  premature  ageing  ageing  population  Japan  academia  academics  policy  folly  policy  error  integration  Integrationspolitik  Leadership  society  competitive  competitiveness  competitive  advantage  manual  labour  Service  Sector  Jobs  Niedriglohnsektor  capital  skills  skill-biased  technological  change  skills  gap  practical  skill  set  practical  skills  job  market  job  creation  labour  economics  labour  market  social  mobility  income  mobility  vocational  education  professional  education  apprenticeships  Makers  Angela  Merkel  Wolfgang  Schäuble  Career  Politicians  No  Representation  social  contract  Gesellschaft  Zivilgesellschaft  flat  world  borderless  globalisation  globalization  industrial  policy  microeconomic  policy  competition  China  economic  history 
august 2015 by asterisk2a
Europe's economic challenge not just about Greece - BBC News
IMF, Christine Lagarde, said: "I remain firmly of the view that Greece's debt has become unsustainable." [...] Greek debt will reach 201% of GDP some time next year. [...] It is unlikely a portion of the debt will be written off but there may well be an agreement to extend current loans and to lower the rates of interest. [...] [ the overall health of Europe as a whole and its individual parts in question] [...] the eurozone economy splutters. There is a recovery - the eurozone is growing at an annual rate of 1.3% - but it is patchy. In the [Q2'15] France and Italy, which account for 40% of the eurozone economy, flat-lined. Italy which had only recently emerged from recession fell back, managing growth of just 0.2%. [...] [ ECB: on balance, outlook remains on the downside ] The eurozone economy is still smaller than it was in 2008. [...] The fundamental challenges to the European economy remain - how to innovate [...] modernise [...] [ EU project living up to its potential ]
Europe  Germany  France  PIIGSFB  Greece  recovery  2015  bailout  bank  bailout  IMF  debt  restructuring  debt  jubilee  Insolvenzverschleppung  insolvent  insolvency  sovereign  debt  crisis  greatrecession  austerity  ChristineLagarde  Troika  Wolfgang  Schäuble  Angela  Merkel  Leadership  economic  history  unemployment  long-term  unemployment  structural  unemployment  youth  unemployment  Impediments  faultlines  structural  imbalance  European  Union  Fiscal  Pact  Schuldenbremse  GFC  sovereignty  lost  decade  lost  generation  EuropeanSystemicRiskBoard  European  Parliament  Career  Politicians  No  Representation  policy  folly  policy  error  Generationengerechtigkeit  fairness  short-term  thinking  short-term  view  Opportunism  opportunist  smoking  gun  smoke  mirror  corporate  media  manufactured  consent  propaganda  populism  European  Election  2014  Lügenpresse  industrial  policy  STEM  PR  spin  doctor  economic  damage  social  tension  social  contract  social  cohesion  competitive  competition  competitiveness  differentiate  differentiation  Software  Is  Eating  The  World  skill-biased  technological  change  technological  progress  Smart  Grid  political  political  theory  political  economy  political  error  political  folly  Politics  Ego  interest  groups 
august 2015 by asterisk2a
Why we Polish are downing tools to get the recognition we deserve | John Zylinski | Comment is free | The Guardian
[ Tories and Co pit them, us all, against each other ]
immigrants  immigration  scape  goat  smoke  mirror  David  Cameron  UKIP  Nigel  Farage  George  Osborne  DWP  Iain  Duncan  Smith  austerity  UK  Service  Sector  Jobs  job  market  job  creation  Sozialer  Abstieg  squeezed  middle  class  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  lohndumping  labour  market  Workers  Union  Zeitarbeit  Leiharbeit  economic  history  industrial  policy  STEM  Manufacturing  manufactured  consent  propaganda  populism  Career  Politicians  No  Representation  short-term  thinking  short-term  view  national  interest  Xenophobia  racism  Tories  Conservative  Party  policy  folly  policy  error  Makers  social  contract  social  cohesion  social  tension  welfare  state  neoliberalism  neoliberal  babyboomers  Generationengerechtigkeit  skills  gap  skill-biased  technological  change  globalisation  globalization  borderless  flat  world  competitive  competitiveness  competition  London  economies  of  agglomeration  Westminster  SNP  Scotland  Wales  Northern  Ireland  progressive  coldprogression  kalte  Progression  financial  repression  bank  bailout  bailout  zombie  banks  GFC  recovery  political  theory  precarious  work  social  policy  Party  workin 
august 2015 by asterisk2a
How Millennials Are Paying a High Price As a Result of the 2008 Financial Crash | Better Markets
[ post-GFC ] 56% of 22-year-olds who just graduated ended up in jobs that did not require a degree, categorizing them as “underemployed.” [...] Today’s younger Americans are taking on more student loan debt than any generation before them, delaying major life milestones such as buying a home and starting a family. This debt is also threatening older generations, who need a large and growing workforce paying into social safety net programs such as Medicare and Social Security. [...] Mr. Rattner gets it right in his column when he writes that “starting behind often means never catching up,” since it’s been proven that graduating in a poor economy can have a long-lasting effect on a person’s career. [...] This lost generation faces an uncertain future and the resulting fallout will negatively impact them, their families and the entire U.S. economy for decades to come. // all the while, banker bashing has become a no-go topic in UK. // &! bit.ly/14R1pzk &! bit.ly/1PsHx7C
underemployed  lost  decade  lost  generation  un-college  College  University  UK  USA  job  market  job  creation  labour  market  recovery  2015  GFC  Millennials  inequality  Gini  coefficient  student  loan  debt  student  loan  student  debt  debt  servitude  demographic  bubble  social  mobility  income  mobility  unintended  consequences  long-term  view  long-term  thinking  economic  damage  Europe  austerity  Generationengerechtigkeit  fairness  social  cohesion  social  contract  social  tension  TBTF  too  big  to  jail  bailout  apprenticeships  education  policy  vocational  education  professional  education  skills  gap  skill-biased  technological  change 
august 2015 by asterisk2a
China's Devaluation Becomes Japan's Problem - Bloomberg View
The worsening economy, which voters hoped Abe would have sorted out by now, doesn't help. Inflation-adjusted wages dropped 2.9 percent in June, a sign Monday's second-quarter gross domestic product report for the may be truly ugly. [...] After 961 days, all Abenomics has really achieved is a sharply weaker yen, modest steps to tighten corporate governance and marketing slogans asking companies to hire more women. [...] If Japan offers a cautionary tale, it's that weaker currency alone isn't the answer. If Abe had used the yen's 35 percent plunge since late 2012 to good effect -- passing big reforms on labor flexibility, import tariffs, tax policy, supporting startups, reducing red tape -- Japan might not be facing the prospect of another recession. [ Japan's experience is a red flashing warning light for UK, US and especially Germany. ie uncompetitive Zombie corporations held alive with NIRP, ZIRP, and future new normal low interest rate environment. Where is growth? Silicon Valley. ]
Japan  economic  history  Abenomics  BOJ  2015  China  Yuan  RMB  currency  debasement  currency  war  devaluation  fiscal  policy  QE  ZIRP  NIRP  liquidity  trap  monetary  policy  deflationary  deflation  globalisation  globalization  secular  stagnation  western  world  UK  USA  Europe  Germany  Lohnzurückhaltung  lohndumping  Makers  competitive  competitiveness  Exportweltmeister  competitive  advantage  competition  flat  world  New  Normal  Richard  Koo  Developing  Frontier  Markets  borderless  global  trade  global  economy  balance  sheet  recession  consumer  confidence  debtoverhang  debt  servitude  sovereign  debt  crisis  Super  Cycle  financial  crisis  zombie  banks  zombie  corporations  zombi  banks  creative  destruction  Silicon  Valley  technological  progress  skill-biased  technological  change  Software  Is  Eating  The  Mobile  Creatives  Mobile  Future  of  Work  deleveraging  asset  bubble  Wall  Street  reflation  reflate  hunt  for  yield  asset  allocation  inflation  targeting  Fed  BOE  PBOC  ECB  monetary  transmission  mechanism  monetary  theory 
august 2015 by asterisk2a
Access To Startup Skills Threatened By U.K. Visa Review | TechCrunch
[ unable to move fast, execute fast ] Startups of course rely on filling vacancies by bringing skills from abroad — given it may be the only way to obtain relevant expertise when you’re working in such nascent areas. [...] According to the MAC’s call for evidence, the proposed changes being considered by the government include some potentially radical measures — such as: significantly raising the salary threshold; restricting which job roles are eligible; and removing the right for dependents of visa holders to be able to work in the U.K. [ salaries threshold, NHS already cried out loud foul as many foreign nurses would have to leave it threshold would be set at about 34-35 minumum earnings. ] [...] “The majority don’t… and several of the respondents said it’s already too complicated and expensive for us to go through that process,” he notes. [...] “populist politics” could pose a threat the U.K.’s digital economy [... quality of life in London less than in other US cities ...]
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august 2015 by asterisk2a
Tech’s Privilege Barrier — The Information
Behind the articles we write about hot startups and funding rounds is a truth that needs a headline of its own: The technology industry is not as meritocratic as it may seem. For this column, I am focusing specifically on entrepreneurs, the people who found companies and beat the odds to turn them into something big. By many measures, the industry is incredibly fair with relatively few barriers to entry. You could, in theory, build the next Snapchat or WhatsApp with a good idea, a laptop and barely any capital. The reality is a little different. Rags to riches tales (like Steve Jobs or WhatsApp’s Jan Koum) get a lot of attention and certainly exist. But the “anyone can make something of himself” narrative ignores the fact that to go from idea to successful company you need a lot of other ingredients, ingredients where privilege helps a lot.
meritocracy  meritocratic  American  Dream  Silicon  Valley  social  mobility  income  mobility  Gini  coefficient  Privileged  male  privilege  white  male  privilege  straight  white  male  gender-based  discrimination  gender  bias  selection  bias  confirmation  bias  skill-biased  technological  change  USA  education  policy  racial  discrimination  ethnic  discrimination  social  discrimination  ethnic  minority  black  minority  minority  Toff  Establishment  Networking  career  advice  career  ladder  poverty  trap  inequality  barriers  to  entry 
july 2015 by asterisk2a
Inequality and the Challenge of Employment - New Economic Thinking - YouTube
intrinsic motivation, fairness, social animal - social comparison (is encoded into the brain) - status anxiety // self-interest mostly wins over ethics/moral values? // trust between principle & agent // org structure and inventive - ie bonus variable attracts more selfish people and risk takers // justice and fairness is critically important - not only in orgs but also democracies //&! Natural rate theory (equilibrium) - service sector jobs (unskilled manual labour jobs) w minimum wage and not higher. and flexible wages with no minimum wage (USA) create working poor/inequality. institutional change - economists are not just analysts they also affect policy makers (think tanks). // austerity hurts equality/social mobility = economic long-run damage to potential (thus output gap and productivity loss) - lack of supply of able workforce to create added value products & services. trickle-down not helping. //&! tax code unfair, lower capital gains tax than on earned (labour) income
inequality  Gini  coefficient  social  mobility  income  mobility  intrinsic  motivation  fairness  human  resources  HR  management  people  management  well  being  philosophy  Alain  de  Botton  happiness  index  Selbstfürsorge  self-awareness  self-actualization  Maslow  socioeconomic  status  status  anxiety  social  status  workplace  work  environment  beyond  workplace  drama  chronic  stress  shareholder  value  profit  maximisation  shared  economic  interest  economic  damage  wage  growth  income  growth  income  gap  gender  pay  gap  glass  ceiling  glass  cliff  gender-based  discrimination  gender  inequality  trust  labour  economics  labour  market  microeconomic  policy  behavioral  economics  Organizational  behavior  organization  skill-biased  technological  change  job  market  minimum  wage  living  wage  equilibrium  sticky  wages  liberal  economic  reform  neoliberal  neoliberalism  underemployed  Workers  Union  macroeconomic  policy  unemployment  skills  gap  education  policy  vocational  education  poverty  trap  student  debt  student  loan  downward  mobility  welfare  state  Higher  income  inequality  Privileged  Middle  Class  Sozialer  Abstieg  squeezed  Public  Services  Services  child  poverty  poverty  American  Dream  output  gap  potential  output  added  value  value  creation  capital  skills  human  capital  dehumanisation  subhuman  trickle-down  economics  dogma  ideology  austerity  policy  error  policy  folly  UK  state  capital 
july 2015 by asterisk2a
The escape from the balance sheet recession and the QE trap: An interview with Richard Koo - YouTube
"deflationary" is a symptom of balance sheet recession, deleveraging, debtoverhang ... of the private sector, corporate sector (& public gov sector) (to repair balance sheet). inflation of price of goods 2 live is still existent. you cant eat laptops. inflation is still present. actions of private sector, corporate sector to repair balance sheet (and even public sector, all three together) is deflationary. // UK! interesting is that consumer still borrows ie via credit card and mortgages. // question is how long UK can run such a big current account deficit. somebody has to pay for it, if not the gov with debt, then it has to be the private sector. as long as it can serve debt payments, as long as it has wage growth (increase of productivity, closing of output gap). But job creation during recovery was mostly Service Sector Jobs & self-employment. Not added value STEM. // corporate sector will not, in the long-run, pay for current account deficit w debt. &! youtu.be/EhYvaMc3f44
Richard  Koo  deflationary  book  mortgage  market  credit  card  private  debt  austerity  underinvestment  household  debt  current  account  deficit  UK  George  Osborne  David  Cameron  dogma  ideology  economic  history  economic  model  value  creation  added  value  STEM  productivity  productive  investment  infrastructure  investment  short-term  thinking  short-term  view  budget2015  public  investment  personal  investment  business  investment  economic  damage  microeconomic  policy  macroeconomic  policy  BOE  Mark  Carney  Toff  Privileged  Establishment  Tories  Conservative  Party  long-term  view  long-term  thinking  Career  Politicians  structural  deficit  Impediments  structural  unemployment  underemployed  part-time  Service  Sector  Jobs  job  creation  skills  gap  labour  market  labour  economics  Student  Maintenance  Grant  Higher  Education  policy  vocational  debt  loan  Gini  coefficient  social  mobility  income  mobility  welfare  state  poverty  trap  child  poverty  poverty  tax  code  working  tax  credit  corporate  tax  rate  child  tax  credit  tax  credit  tax  free  income  disposable  income  savings  rate  structural  imbalance  debt  servitude  ZIRP  NIRP  QE  fiscal  policy  fiscal  stimulus  monetary  policy  MervynKing  discretionary  spending  job  security  uncertainty  inequality  income  inequality  gender  inequality  propaganda  populism  media  conglomerate  manufactured  consent  skill-biased  technological  change  Funding  for  policy  gap  policy  policy  Lendin 
july 2015 by asterisk2a
Employers warn of 'skills emergency' - BBC News
More than half of employers fear they will not be able to recruit enough high-skilled workers, according to a survey by the CBI. The employers' organisation is warning that a skills shortage is "threatening to starve economic growth". [...] "The government has set out its stall to create a high-skilled economy, but firms are facing a skills emergency now, threatening to starve economic growth," said Ms Hall. "Worryingly, it's those high-growth, high-value sectors with the most potential which are the ones under most pressure. That includes construction, manufacturing, science, engineering and technology. [...] The survey also highlighted concerns about the need for better careers advice to help young people understand more about the jobs likely to be available. [ &! scrapping GCSEs ! ] // education cost in UK are disenfranchising those who can not afford and are put off by the debt burden they will have to server // &! bit.ly/1IUkBxo
skill-biased  technological  change  practical  skills  practical  skill  set  skills  gap  UK  productivity  STEM  vocational  education  education  policy  MOOC  Higher  Student  Maintenance  Grant  poverty  trap  social  mobility  income  mobility  labour  market  labour  economics  job  creation  on  job  training  apprenticeships  job  security  job  market  Service  Sector  Jobs  underemployed  output  gap  Manufacturing  immigration  added  value  industrial  policy  recovery  George  Osborne  budget2015  Exportweltmeister  Germany  Fachkräftemangel  competitiveness  competitive  globalisation  global  trade  globalization  borderless  flat  world  policy  error  policy  folly  short-term  thinking  short-term  view  solidarity  working  poor  precarious  work  Precariat  squeezed  middle  class  Gini  coefficient  OECD  IMF  infrastructure  infrastructure  investment 
july 2015 by asterisk2a
George Kerevan: A merciless attack on the poor ... to the sound of cheers | Comment | The National
What about the cut to Corporation Tax, to 18 per cent? UK firms currently sit on £550bn in cash reserves which they have little inclination to spend, other than to buy back their shares. Cutting their taxes will only swell this useless cash mountain, not lead to more investment. Indeed, the independent Office for Budget Responsibility, in papers published with the Budget, forecasts Britain’s current account deficit on trade will worsen in the next five years – a sure sign of failing productivity and competitiveness. The Tories cheered George Osborne to the rafters yesterday but just wait until the economic roof falls in when American interest rates rise and Britain’s bubble economy has to face the real world.
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july 2015 by asterisk2a
The Fundamental Fallacy of Modern Recruiting | TechCrunch
Engineers in most firms today are also supposed to know at least something about product design, marketing, and customer support for those top-paying enterprise clients. Purely technical roles still exist of course, but they tend to congregate away from consumer and enterprise software into areas such as embedded systems. Interdisciplinary skills may be the hallmark of the modern engineer, but it is precisely that broad and ambiguous skillset that complicates hiring. [...] [HR/Recruiters] have an impossible job looking for these unicorn employees. When we combine the increasing ambiguity of our jobs with the increasing distance of HR recruiters from the actual work taking place, you get everything that is wrong with modern recruiting. [...] [ Founder team should ] take an active role in ensuring that the right employees are being hired. [ And not outsourcing at first chance. ]
HR  human  resources  practical  skills  practical  skill  set  skill-biased  technological  change  softskills  career  advice  career  ladder  career  CV  Portfolio  key  words  Job  Search  security  market  labour  economics  labour  market  jobsearch  on  training  jobhunt  Future  of  Work  Mobile  Creatives  Mobile  Creative  recruitment  pattern  matching  Supply  and  Demand  Demand  and  Supply  Start-Up  advice  Start-Up  lesson  management  application 
june 2015 by asterisk2a
Child poverty measurement set to change - BBC News
"We are all in this together." // "In short - can a [Tory gov] that says it is governing for "One Nation" unpick the rules around measuring & cutting the # of poor children in Britain without being accused of cynicism? // &! bit.ly/1GySqhN "The plan sounds reasonable, but the purpose is to whip up confusion at a time when the poor are about to get poorer. [...] “blue-collar Conservatism”, appealing to working-class Tories who are not much interested in such abstractions as relative poverty, but can certainly be rallied against those who are felt to be living at the expense of hard-pressed taxpayers." [pitting them against each other]. &! bit.ly/1TNlpbz &! bit.ly/1x0Ghmu existential threat &! bit.ly/1BMOJtg &! bit.ly/1K9G3OE bit.ly/1QQvINd &! Scrapping £320m independent living fund - bit.ly/1SJO4wT &! bit.ly/1TFWHdg 'trickle-down doesnt work, says IMF [...] 1% & well off only buy 1 pair of jeans. power 2 implement reform? [= rebellion, not able with status quo ppl << Chris Hedges]'
KPI  measurement  child  poverty  social  mobility  education  policy  Public  Services  Services  austerity  income  mobility  UK  Gini  coefficient  IMF  OECD  David  Cameron  economic  history  Conservative  Party  George  Osborne  Iain  Duncan  Smith  DWP  Future  of  Work  No  Representation  Toff  Establishment  Privileged  fairness  gesellschaft  Zivilgesellschaft  Sozialer  Abstieg  food  poverty  poverty  precarious  Precariat  underemployed  working  poor  minimum  wage  child  tax  credit  working  tax  credit  inequality  downward  mobility  tax  free  income  opportunist  Opportunism  class  warfare  class-warfare  squeezed  middle  class  short-term  thinking  short-term  view  noise  pollution  political  economy  Career  Politicians  Tories  uncertainty  competitiveness  competitive  globalisation  globalization  civil  society  sociology  social  tension  social  cohesion  PR  relations  communication  Spin  Doctor  practical  skills  practical  skill  set  skill-biased  technological  change  vocational  education  psychology  chronic  stress  premature  ageing  health  crisis  mental  health  mental  illness  health  health  policy  democracy  minority  disability  Disabled  trickle-down  economics  bailout  recovery  toobigtofail  TBTF  too  big  to  jail  wage  growth  liberal  economic  reform  tax  tax  tax  consumeris 
june 2015 by asterisk2a
Google 'should be allowed in examinations' - BBC News
It is inevitable search engines such as Google will be allowed in public examinations, including GCSEs and A-Levels, the head of an exam board says. [...] allowing internet use in exam rooms reflected the way pupils learned and how they would work in future. &! bbc.in/1GJXC8e &! http://redd.it/23i94n &! Beyond Bulimic Learning Improving teaching in further education - bit.ly/1HVzPkq &! 1.usa.gov/1GLcsLJ - Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime. -Confucius >> The bulimic learning model unintentionally ignores the 3 steps involved in the learning process: (1) remembering information; (2) thinking, which is the rearrangement of information; (3) learning, which is the use of information in a thought process until the person is fluent.10 Bulimic learning never allows the student to get beyond the first step of remembering. This only contributes to students' feeling unprepared and “knowing nothing”
Bulimic  Learning  Bulimie  lernen  book  education  policy  life  lesson  life  hacker  STEM  Google  Search  practical  skills  skills  skill  practical  skill  set  skill-biased  technological  change  Future  of  Work  Mobile  Creatives  Mobile  Creative 
april 2015 by asterisk2a
Schule in Finnland: Reform für weniger Fächer - SPIEGEL ONLINE
Finnland gilt seit den Pisa-Tests als Schullabor der Welt. Jetzt probieren die Reformer etwas Neues aus: weniger Fachunterricht, mehr Kompetenzvermittlung. Sogar bei den Noten sollen Schüler mitreden dürfen. // seth godin - being remarkable.
education  policy  PISA  practical  skills  skills  softskills  practical  skill  set  skill-biased  technological  change  e-learning  Mobile  Creatives  Mobile  Creative  Future  of  Work  entrepreneur  Artist  creator 
april 2015 by asterisk2a
'100,000s young people left behind' because of unemployment - BBC Newsbeat
#symptom !!! "There [aren't] enough jobs to go around," he says. "Everybody is fighting for the same job and if you haven't got qualifications or even experience you're always going to be looked over. "So some people do find it harder to get a job than other people. "It's definitely depressing, it takes a toll on your self-esteem, confidence and motivation but you have to get to a point where you have to push forward... to better yourself." [...] Matty's still unemployed but much more hopeful of finding work after doing voluntary work and enrolling on a series of training programmes.
youth  unemployment  long-term  unemployment  lost  generation  No  Representation  education  policy  social  safety  net  apprenticeships  practical  skills  practical  skill  set  skill-biased  technological  change  working  poor  Precariat  precarious  work  Robotics  automation  Software  Is  Eating  The  World  algorithm  Mobile  Creative  Mobile  Creatives  borderless  competitive  globalization  globalisation  destruction 
february 2015 by asterisk2a
Neue Studie zeigt: Ohne Abschluss kaum Chancen auf dem Arbeitsmarkt - SPIEGEL ONLINE
Deutschen Chefs sind formale Abschlüsse besonders wichtig, zeigt eine neue Auswertung der PIACC-Studie. Für Geringqualifizierte sind die Jobchancen in Deutschland ungleich schlechter als in anderen Ländern.
Gini  coefficient  social  mobility  income  mobility  downward  mobility  education  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  inequality  Germany  automation  Robotics  Share  Economy  Software  Is  Eating  The  World  AI  algorithm  assessment  center  skill-biased  technological  change  practical  skills  practical  skill  set  IQ  EQ  Liberal  Arts 
february 2015 by asterisk2a
Jonathan MacDonald - Building Windmills : Opportunities - LeWeb'14 Paris - YouTube
in times of change, build windmills, not walls. // outcome through motivation, that many desire. // technology + people = win, beats human only and technology only performance - ie in Chess ... ie Airline Pilots, Medicine, Teaching, Folding of Proteins - as Game << been done, // min 9 - build AI, AI detects we are weakest link and destroying earth, AI destroys us or minimises population ... // ... what is this guys pain point?
Net  Neutrality  Share  Economy  Start-Up  lesson  Start-Up  advice  protectionism  flat  world  globalization  globalisation  society  rapid  change  skill-biased  technological  change  Software  Is  Eating  The  Future  of  Work  Perspective  Mobile  Creative  Mobile  Creatives  Year  of  Code  darknet  Dark  Internet  Silk  Road  AI  artificial  intelligence 
december 2014 by asterisk2a
OECD moniert wachsende Ungleichheit zwischen Arm und Reich - SPIEGEL ONLINE
[ The Economic case for better equality ] - Die Ungleichheit in Deutschland hat sich laut OECD deutlich verschlimmert - und den Aufschwung gebremst. Eine gerechtere Sozialpolitik hätte demnach bis zu sechs Prozentpunkte mehr Wachstum möglich gemacht. [... ] Die OECD fordert die Politik zum Gegensteuern auf. "Unsere Analyse zeigt, dass wir nur auf starkes und dauerhaftes Wachstum zählen können, wenn wir der hohen und weiter steigenden Ungleichheit etwas entgegensetzen", sagte Generalsekretär Angel Gurria. "Der Kampf gegen Ungleichheit muss in das Zentrum der politischen Debatte rücken." [...] Eine Umverteilung von oben nach unten mittels Steuern und Transfers sei nicht zwangsläufig wachstumsschädlich, solange entsprechende Maßnahmen zielgenau angewandt werden, schreibt die Industrieorganisation. Eine solche Verteilungspolitik müsse sich vor allem auf Familien mit Kindern sowie auf junge Menschen konzentrieren und deren Lernchancen verbessern.
Niedriglohn  Niedriglohnsektor  hartz-iv  Aufstocker  Precariat  precarious  work  working  poor  minimum  wage  mindestlohn  living  wage  cost  of  living  Germany  competitiveness  competitive  advantage  comparative  advantage  flat  world  globalization  globalisation  Fachkräftemangel  Agenda  2010  Social  Services  Gini  coefficient  gender  inequality  gender  pay  gap  income  inequality  inequality  disposable  income  Lohnzurückhaltung  lohndumping  Leiharbeit  Zeitarbeit  Policy  Makers  short-term  thinking  short-term  view  Career  Politicians  folly  error  Exportweltmeister  election  campaign  promises  kalte  Progression  coldprogression  Angela  Merkel  CDU  CSU  SPD  No  Representation  SMB  SME  tax  avoidance  tax  evasion  Budget  Schwarze  Null  infrastructure  investment  OECD  austerity  welfare  state  safety  net  cohesion  tax  code  tax  free  income  Universal  Basic  Grundeinkommen  Gerechtigkeit  fairness  Democratic  Process  democracy  education  Year  of  Mobile  Creative  Mobile  Creatives  practical  skill  set  skill-biased  technological  change  Software  Is  Eating  The  practical  skills  continual  education  mobility  income  mobility  discrimination  Super  Rich  1%  Privileged  economic  history  crony  capitalism  capitalism  Wall 
december 2014 by asterisk2a
Fortune 500 firms in 1955 vs. 2014; 89% are gone, and we’re all better off because of that dynamic ‘creative destruction’ | AEIdeas
Economic Lesson: That’s a lot of churning and creative destruction, and it’s probably safe to say that almost all of today’s Fortune 500 companies will be replaced by new companies in new industries over the next 59 years, and for that we should be thankful. The constant turnover in the Fortune 500 is a positive sign of the dynamism and innovation that characterizes a vibrant consumer-oriented market economy, and that dynamic turnover is speeding up in today’s hyper-competitive global economy. Steven Denning pointed out a few years in Forbes that fifty years ago, the life expectancy of a firm in the Fortune 500 was around 75 years. Today, it’s less than 15 years and declining all the time. In the end, the creative destruction that results in a constantly changing group of Fortune 500 companies is driven by the endless pursuit of sales and profits that can only come from serving customers with low prices, high quality and great service.
creative  destruction  Fortune  500  capitalism  economic  history  technological  history  technological  progress  skill-biased  technological  change  technology 
august 2014 by asterisk2a
Fachkräftemangel Warum nicht mehr Facharbeiter nach Deutschland kommen - SPIEGEL ONLINE
http://www.arbeitsagentur.de/web/wcm/idc/groups/public/documents/webdatei/mdaw/mta4/~edisp/l6019022dstbai447048.pdf +++ Zwar gibt es Informationsangebote wie die Internetseite >> www.make-it-in-germany.com. << Doch dass Deutschland inzwischen nicht nur um Ingenieure und Informatiker wirbt, sondern auch um Lokführer und Leitungsinstallateure, dürfte in weiten Teilen Chinas oder Indiens noch unbekannt sein. // +++ Same as USA Green Card - Labor Certification Category ( http://en.wikipedia.org/wiki/Permanent_residence_(United_States)#Green_card_holders_and_families ) // q is still, how is the image around the world about germany and its people towards immigrants and the possibility to be folded in, mesh-in into Germany!? And certainly about the language barrier? Germans know their basic english in the job - should that be communicated - that if all fails you can use english? 2nd how about offering free German language courses for 3 years? and an assistant to help through bureaucracy? //
immigration  knowledge  worker  knowledge  economy  domain  knowledge  human  capital  skill-biased  technological  change  capital  skills  practical  skills  practical  skill  set  Germany  Green  Card  workforce  Fachkräftemangel  education  policy  demographics  demographic  bubble  society  image  brand  details  White-collar  Blue-collar 
august 2014 by asterisk2a
The rise of robot scheduling is a nightmare for low-wage workers - Quartz
The Times story points at a larger truth: Advances in management and workplace technology all have essentially one goal, to get more out of employees at lower cost. And in the quest for efficiency, companies often forget they’re dealing with people. + Kantor offers as an example the heartbreaking chronicle of a woman named Janette Navarro, and her efforts to raise her young son while working at Starbucks under this scheduling system. She often found out about her work hours with only a few days notice, requiring panicked adjustments to take care of her son and the family’s finances. She was sometimes asked to “clopen” her store (work till closing at 11pm and return at 4am to open it). The job required constant scrambling and caused tension with family members she frequently needed to beg for help to keep an eye on her son. ... She wasn’t alone.
Zero  Hour  Contract  underemployed  workless  working  poor  service  industry  service  economy  Services  On  Demand  skill-biased  technological  change  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  efficiency  optimisation  labour  economics  labour  market  exploitation  corporatism  well  being  human  being  Wall  Street  profit  maximisation  capitalism  corporate  values  corporate  culture  corporate  governance  flexible  work  Future  of  abuse  of  power 
august 2014 by asterisk2a
Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming - YouTube
- history has it that the thriving middle class made USA. period. // --- and the future of work - needs investment! as capitalism, a flat world and software eats the world - eats up jobs (robots, automation, off shoring, outsourcing, outside advisory and contractors only (for everything that is not key) etc). >> thus education has got to change to be for the 21st century || + Eric Liu: Why ordinary people need to understand power --- http://youtu.be/Cd0JH1AreDw #civic #PowerPlay #AbuseofPower #illiteracyaboutpower #willfulignorance >> #participation #calltoaction #sharewhatyoudo +!+!+ http://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014.html +!+!+ http://billmoyers.com/2014/09/11/a-wealthy-capitalist-on-why-money-doesnt-trickle-down/
Super  Rich  1%  tax  evasion  tax  avoidance  tax  code  fairness  plutocracy  Career  Politicians  Gini  coefficient  inequality  income  inequality  working  poor  squeezed  middle  class  USA  economic  history  social  mobility  income  mobility  trickle-down  economics  wealth  distribution  income  redistribution  income  distribution  disposable  income  skill-biased  technological  change  education  policy  Public  infrastructure  investment  investment  personal  investment  Future  of  Work  Mobile  Creative  Mobile  Creatives  practical  skills  practical  skill  set  human  capital  capital  skills  workless  underemployed  flat  world  competitive  advantage  competitiveness  competitive  comparative  advantage  quality  of  life  standard  of  living  life  balance  globalisation  globalization  Utopioa  Indignados  Indignants  occupywallstreet  GFC  Wall  Street  crony  capitalism  corporatism  bribery  corruption  Lobbying  lobbyist  lobby  No  Representation  society  well  being  civic  life  civic  society  personal  values  Power  Play  abuse  of  Democratic  Process  democracy  willful  ignorance  citizen  ethical  machine  long-term  thinking  long-term  view  western  society  civil  society  Zivilgesellschaft  Politics  Political  Governance  participation  participation  rate  voter  turnout  oligarchy 
august 2014 by asterisk2a
Humans Need Not Apply - YouTube
taking all human brain capacity (cognitive resources) and solving big problems. like space travel. renewable energy. cleaning up earth. efficiencies her and there. ... working on utopia. 4-day work weeks, 6-8 hrs/day.
Future  of  Work  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  capital  skills  human  capital  leisure  time  Robert  Skidelsky  practical  skills  practical  skill  set  education  policy  Public  Career  Politicians  Politics  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  automation  Robotics  Robots  AI  Three  Laws  of  Robotics  creativity  destruction  marketplace  efficiencies  flat  globalization  globalisation  competitive  advantage  competitive  competitiveness  comparative  advantage 
august 2014 by asterisk2a
Manufacturing the Talent Shortage, by Dimas Guardado | Model View Culture
In order to fully realize the vision of a technical workforce that serves the needs of our diverse populations, we will need to ensure that all workers, regardless of their background, experience level, or motivation for entering the field, have access to the resources they need to achieve mastery in their profession. We need not wait for future generations to pass through Computer Science programs and coding bootcamps to construct the environments in which our current and future colleagues will find success. Organizations can take on practices that encourage mutual instruction, facilitate knowledge sharing, and produce safety mechanisms for problems that might arise from knowledge gaps. Code review, pair programming, coding standards, practice fields, retrospectives, testing, and monitoring are all practices that are well known to support these aims, and many can be used specifically with an eye towards developing and growing emerging talent.
hiring  HR  human  resources  brogrammer  STEM  education  policy  workforce  knowledge  worker  knowledge  economy  domain  knowledge  skill-biased  technological  change  Future  of  Work  Mobile  Creative  Mobile  Creatives  Silicon  Valley  culture  Start-Up  advice  Start-Up  lesson  environment  workplace  DIY  war  for  talent  talent  career  advice  people  management  diversity  meritocratic  meritocracy  on  job  training 
august 2014 by asterisk2a
If Schools Don't Change, Robots Will Bring On a 'Permanent Underclass': Report | Motherboard
via http://www.reddit.com/r/Futurology/comments/2ct2xs/if_schools_dont_change_robots_will_bring_on_a/ The respondents overwhelmingly agree that this lovely future where robots do the work and humans design the robots and everyone has leisure time and lots of money only exists in a fantasy future where the school systems pump out a shitload of Elon Musks and Sergey Brins—or, at the very least, people who can reliably work at the companies those guys own. [...] only the best-educated humans will compete with machines [...] and education systems [around the world] are still sitting students in rows & columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.” // Rise of Service Jobs (dominance) in USA, even post-GFC. // ADD: http://www.washingtonpost.com/blogs/on-leadership/wp/2014/08/07/are-robots-coming-for-your-job/
Robotics  AI  Future  of  Work  Start-up  of  You  Mobile  Creative  Mobile  Creatives  Year  of  Code  skill-biased  technological  change  practical  skills  practical  skill  set  capital  skills  knowledge  worker  White-collar  Blue-collar  human  capital  creativity  destruction  value  creation  Problem  Solving  complexity  unknown  unknowns  unintended  consequences  education  policy  Public  HR  human  resources  hiring  underemployed  structural  unemployment  employment  unemployment  leisure  time  disposable  income  working  poor  squeezed  middle  class  flat  world  globalisation  globalization  competitive  advantage  comparative  advantage  competitiveness  Competition  competitive  Career  Politicians  Precariat  Proletariat  sociology  psychology  Universal  Basic  Grundeinkommen  precarious  precarious  employment  Services  Industry  service  income  mobility  social  mobility  income  inequality  Gini  coefficient  living  wage  standard  of  living  minimum  wage  wage  stagnation  workforce  labour  economics  labour  market  middle  class  status  quo  sector  Europe  USA  disruption  knowledge  economy  domain  knowledge  domain  expertise  expertise 
august 2014 by asterisk2a
Live chart: Age and population - YouTube
flat  world  globalization  globalisation  Competition  food  security  food  poverty  food  prices  disposable  income  population  Mobile  Creative  Mobile  Creatives  knowledge  worker  knowledge  economy  skill-biased  technological  change  Future  of  Work  western  world  competitiveness  competitive  advantage  quality  of  life  middle  class  comparative  advantage  property  rights  democracy  Democratic  Process  Frontier  Markets  BRIC  emerging  market  emergingmarkets  frontiermarkets  technological  progress  first  mobilephone  cellphone  phone  feature  phone  China  Africa  South  Africa  East  Arab  transparency  accountability  Religion  oversight  free  trade  free  market  Career  Politicians  freedom  of  press  free  speech  crony  capitalism  corporatism  exploitation  Wall  Street  sustainability  sustainable  bribery  corruption  presidency  barackobama  USA  foreign  policy  foreign  affairs  diplomacy  Europe  capitalism 
august 2014 by asterisk2a
The female Pinterest engineer who pressed tech giants to air embarrassing diversity numbers - San Francisco Business Times
via https://twitter.com/mialoira/status/495027092367478784 || https://twitter.com/beltzner/status/494977730677440512 || https://twitter.com/triketora // In her experience, Chou said women engineers face significant, sometimes subtle, obstacles, starting with low performance expectations and less-than-plum assignments. "Pinterest was the first place where I felt like an engineer," said Chou. "It's hard to explain or articulate. When I came here, I was treated as an equal." Sometimes the discrimination is not subtle, like the time when a male engineer at a computer language conference asked her, "What do you do? Photocopy s---?" One major fact that advocates say must be addressed is that far fewer young women than men are learning computer science while in school. // http://www.codedoc.co/directors-thoughts/
Pinterest  Silicon  Valley  Women  in  Tech  diversity  workforce  STEM  Female  Founders  minority  black  minority  ethnic  minority  Mountain  View  Start-Up  lesson  Start-Up  advice  corporate  culture  personal  values  HR  human  resources  hiring  jock  culture  Campus  gender-based  harassment  gender-based  discrimination  society  feminism  feminist  Misogynie  misogyny  stereotype  bias  gender  bias  judgement  labels  label  boxes  gender  inequality  gender  politics  gender  policing  gender  equality  gender  role  gender  norms  gender  conforming  gender  discrimination  gender  non-conforming  gender  gap  corporate  values  corporate  governance  income  inequality  knowledge  worker  skill-biased  technological  change  gender  diversity  gender  asymmetry 
august 2014 by asterisk2a
The Rise Of Europe's Religious Right
For the most part, though, issues dear to social conservatives were a side issue in elections driven heavily by economic frustration. [...] The suddenness with which social conservatives became a force in Brussels has many progressives speculating that they are the creations of American social conservatives seeking to “export the culture wars.” [...] Today, American ties seem much more about a shared vision to build a global conservative movement rather than leaning on stronger and wealthier U.S. partners for support. // http://www.salon.com/2014/02/28/the_dying_right_why_christian_fundamentalists_are_in_panic_mode_partner/ || Pro Progressive - the hard things are hard bc they are worth doing it. It's easy to turn ones back. But its hard to hold your face into the storm that is brewing. Holding onto status quo is not worth the struggle, it is a futile short-term view - as the status quo is not sustainable.
No  Representation  Career  Politicians  Democratic  Process  democracy  European  Election  2014  UKIP  UK  France  European  Parliament  working  poor  squeezed  middle  class  underemployed  structural  unemployment  long-term  unemployment  youth  unemployment  unemployment  living  standard  cost  of  living  quality  of  life  income  mobility  social  mobility  Toff  meritocratic  meritocracy  policy  error  policy  folly  Makers  Politics  GFC  faultlines  global  imbalances  structural  imbalance  Tea  Party  Religion  Germany  liberal  economic  reform  sovereign  debt  crisis  Super  Cycle  uncertainty  immigration  globalisation  globalization  flat  world  Future  of  Work  skill-biased  technological  change  Mobile  Creative  Mobile  Creatives  security  financial  security  well-being  neoconservatives  neoconservatism  radicalism  extremism  conservative  Religious  Far-Right  Christianity  Christian  Fundamentalists  LGBT  reproductive  rights  abortion  gay  marriage  gaymarriage  gay  rights  gayrights  Angela  Merkel  CDU  CSU  National  Front  Brussels  human  progress  progressive  human  tragedy  unintended  consequences  unknown  unknowns  complexity  secular  stagnation  wage  stagnation  stagnation  babyboomers  generationy  Millennials  society  civic  society  civic  life  society  society  error  folly 
july 2014 by asterisk2a
The Futurist: The Education Disruption : 2015
Hence, the superstar of the modern age is not the person with the best degree, but rather the person who acquires the most new skills with the greatest alacrity, and the person with the most adaptable skillset. [...] (Moody's has already downgraded the outlook of the entire US higher education industry). But most importantly, the most valuable knowledge will become increasingly self-taught from content available to all, and the entire economy will begin the process of adjusting to this new reality. // Book: The Start-up of You - Reid Hoffman.
Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  creativity  practical  skills  practical  skill  set  learning  adaptability  MOOC  education  bubble  Year  of  Code  digital  divide  White-collar  Blue-collar  employment  book  life  hacker  life  lesson  Public  Policy  education  GDP  happiness  index  satisfaction 
july 2014 by asterisk2a
Humans And Computers Will Come Together For Middle Work | TechCrunch
Middle work leverages what machines do best – solving low-value, high-volume problems – and combines it with what humans do best – solving high-value, low-volume problems. Middle work is not just “information work” where humans use computers to complete tasks like millions of people do every day in the office. Rather it’s defined as work that wouldn’t be economically viable for a human to do without a workflow platform, yet  is too nuanced for software to perform unaided. For example, software is great for spellchecking a marketing email, but only a human can think creatively to write an engaging headline to get consumers to click on that email.
Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  practical  skills  practical  skill  set  Year  of  Code  creativity  destruction  decision  making 
july 2014 by asterisk2a
Is This What A Bursting Bubble Looks Like? - YouTube
- bear market, not a 2008/09 decline, more like a lost decade of little productivity growth and very very slow closing of the still existing output gap. - companies benefit form technological progress (accelerating); get more done with less people. +++ https://www.facebook.com/PeterSchiff/posts/10154276062445062
asset  bubble  hunt  for  yield  unintended  consequences  ZIRP  QE  liquidity  trap  NIRP  unconventional  monetary  policy  monetary  policy  Fed  ECB  BOE  BOJ  GFC  recovery  greatdepression  greatrecession  2014  lost  decade  productivity  output  gap  G20  G  Zero  G8  Europe  USA  UK  complexity  unknown  unknowns  Taper  deflation  deflationary  globalisation  globalization  flat  world  working  poor  squeezed  middle  class  middle  class  skill-biased  technological  change  technological  progress  knowledge  worker  knowledge  economy  economic  history  history  faultlines  Structural  Impediments  unemployment  deficit  imbalance  global  imbalances  sovereign  debt  crisis  Super  Cycle  debt  bubble  debt  jubilee  debt  monetization  debt  monetisation  default  demographic  bubble  speculative  bubbles  signal  vs  noise  noise  dysfunctional  marketplace  efficiencies  market  dynamics  market  intervention  financial  market  market  failure  market-failure  lost  generation  lostdecade  lostgeneration  currency  debasement  fiat  currency  fiat  money 
july 2014 by asterisk2a
Steve Jurvetson never sells a share of a company he invests in - YouTube
59m7s >> what if we erase the digital divide ... transforming the pyramid into a conical spike because of winner takes all network effects. .... >> ~30hr work week - Robert Skidelsky, ... contribution to the collective worth society, unpaid. - unconditional living wage/income ... a basic income redistribution. fairness. people that work in low to non-profit companies because of added value to society ... paid by excess profits of X ... we are all in the same boat. we are all interconnected. dependent on each other. +++ http://youtu.be/pDVDWNguPs4?t=1h5m20s // doing more with fewer staff. & practical skills you need in today's workplace, u don't learn at university. Elon Musk, the most important men 4 the future. bc he's swinging big, willing to fail with his ambition(s). attracts similar minds. [down the line come's Bill Gates 2.0, Larry & Sergey, & others that work on sustainability of food and energy.] ADD Larry Page on that topic - http://on.recode.net/1qZC7oZ // vid id Wdnp_7atZ0M
peak  employment  unemployment  structural  unemployment  long-term  unemployment  employment  Mobile  Creative  Mobile  Creatives  knowledge  worker  White-collar  Blue-collar  Year  of  Code  digital  divide  productivity  output  gap  flat  world  globalization  globalisation  competitive  advantage  competitiveness  competitive  Competition  social  mobility  income  mobility  Gini  coefficient  Super  Rich  capitalism  USA  offshoring  outsourcing  1%  network  effects  global  competitive  landscape  workforce  Robert  Skidelsky  academia  academics  economic  history  history  tax  free  income  income  redistribution  income  distribution  fairness  unintended  consequences  complexity  unknown  unknowns  underemployed  economics  of  abundance  social  safety  net  happiness  index  GDP  Chamath  Palihapitiya  society  market  society  social  society  civic  society  civil  society  Industrial  Revolution  pluralistic  society  western  society  efficiency  marketplace  efficiencies  skill-biased  technological  change  capital  skills  practical  skill  set  practical  skills  skills  skill  education  policy  formal  education  education  perfect  storm  Indignados  Indignants  occupywallstreet  Elon  Musk  disrupting  markets  disruption  sustainability  sustainable  workless  hybrid  work  working  class  working  poor  working  squeezed  middle  class  Larry  Page  Sergey  B 
july 2014 by asterisk2a
- Startups - George Zachary of Charles River Ventures - TWiST #237 - YouTube
interesting point about deflationary pressures ... ... min 59 - re-training of workforce - for the workplaces of the future. // min 1:00:00 social divide between the havs and the havs not. // education has to marry (50/50) liberal arts and practical skill sets for the future. mandatory will have to be technology basics and programming intro.
deflation  deflationary  technological  history  technological  progress  skill-biased  technological  change  ZIRP  NIRP  hunt  for  yield  asset  bubble  volatility  Fed  BOE  ECB  BOJ  QE  flat  world  globalisation  globalization  competitive  advantage  offshoring  outsourcing  comparative  advantage  comparative-advantage  competitiveness  education  policy  Debt  Super  Cycle  CAPEX  competitive  knowledge  worker  White-collar  Blue-collar  Year  of  Code  war  for  talent  San  Francisco  Silicon  Valley  Mobile  Creative  Mobile  Creatives  Venture  Capital  VC  workplace  workforce  Charles  River  Ventures  urbanisation  urban  planning  Los  Angeles  Start-Up  Scene  New  York  Start-Up  Scene  Palo  Alto  Public  Career  Politicians  Politics  transparency  communication  language  Vision  accountability  Berlin  Start-Up  Scene  Europe  Start-Up  Scene  Start-Up  lesson  Start-Up  advice  Lean  Start-Up  immigration  emigration  long-term  thinking  long-term  view  society  social  mobility  income  mobility  leadership  education  MOOC  practical  skills  practical  skill  set 
july 2014 by asterisk2a
Tinder highlights tech world’s frat-pack culture - FT.com
! GREAT ARTICLE by Tett ! tip of the iceberg. "money and hubris is involved." - Sheryl Sandberg's 'book for the white, privileged & entitled ivy league girls' is a drop in the ocean. Instead of having girls getting a beautician degree at college for the service industry; fighting the hard fight/competing head to head for little pie there is *http://youtu.be/p6taTMa4nls || - http://www.theguardian.com/commentisfree/2014/jul/02/tinder-sexual-harassment-silicon-valley-sexism - Tinder's sexual harassment scandal is not a surprise. It's another wake-up call How many Silicon Valley sexism stories must we endure before 'entrepreneurs' get serious about diversity? + http://www.theguardian.com/technology/2014/jun/28/silicon-valley-startup-failure-culture-success-myth + http://www.theguardian.com/technology/2014/jul/02/silicon-valley-sexism-tinder-culture-women-ageism + https://news.vice.com/article/tinder-co-founders-lawsuit-reflects-tech-industrys-rampant-sexism
Women  in  Tech  Tinder  gender-based  harassment  gender-based  discrimination  gender  bias  gender  politics  gender  policing  STEM  jock  culture  Campus  parenting  childhood  childhood  development  everyday  sexism  sexism  sexismus  body  image  gossip  culture  gossip  Tabloid  celebrity  culture  Silicon  Valley  diversity  Facebook  Google  Yahoo!  sexual  harassment  bias  stereotype  glass  ceiling  feminism  feminist  Glossy  Magazine  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  college  career  advice  Year  of  Code  university  Sheryl  Sandberg  white  male  privilege  entitlement  male  privilege  privilege  Privileged  gender  inequality  inequality  income  mobility  social  mobility  gender  equality  gender  discrimination  gender  gap  discrimination  Female  Founders  womens  sport  Palo  Alto  San  Francisco  meritocracy  corporate  culture  corporate  governance  storytelling  hubris  Venture  Capital  angelinvestor  hunt  for  yield 
july 2014 by asterisk2a
Bill and Melinda Gates' 2014 Stanford Commencement Address - YouTube
min 17 in - about not having a better future for our kids. the thing is, the lowest hanging fruits have been eaten. now there only the hard things left to to, hard because they seem so remote from here, hard because they are worthwhile pursuing despite setbacks. renewable energy, curing diseases, sustainability in lots of quadrants - energy, food & water, environment, democracy & more or less striving for equality - social and income mobility. End: >> Luck, that could be me, empathy, leadership, ...
Public  Policy  STEM  technical  literacy  technical  illiteracy  education  Mobile  Creative  Mobile  Creatives  social  mobility  income  mobility  Career  Politicians  Politics  Year  of  Code  G20  flat  world  globalisation  globalization  competitive  advantage  competitiveness  competitive  comparative  advantage  comparative-advantage  advice  Public  Good  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Gini  coefficient  digital  divide  digital  natives  digitalnatives  inequality  income  inequality  accountability  short-term  thinking  long-term  thinking  long-term  view  democracy  Democratic  Process  Vision  communication  language  leadership  Bill  Gates  AIDS  tuberculosis  child  poverty  food  poverty  environmental  disaster  ecological  disaster  climate  change  empathy  innovator  innovation  Bill  &  Melinda  Gates  Foundation  optimism  luck  equality  health  health 
july 2014 by asterisk2a
IAMA: Christopher Hitchens | reddit's top ten questions - YouTube
moral hero, grit and grain: book "a struggle for power." many minutes in 'working class adopting capitalism without it's cruelties.' corporations, politicians, there got to be transparency & accountability. avoiding ecological, environmental & economic disaster, exploitation, secrecy, misery @ the workplace & parasitic behaviour (leeching out the life of the host, the planet, till death). end of video; debate, debating, speech, rhetoric and flair; tip - improv. Socratic method; process of elimination, eliminating all questions a good means of ordering the mind. Christopher Hitchens 1949-2011 BBC tribute http://youtu.be/TsUSb13m5VY < Religion "ur created sick & commanded to be well," and talking about Cancer. + It is unbelievable that Religion is still a power of force and way of thinking in Political and Policy circles. // Paxman meets Hitchens - http://youtu.be/Y-s9AyNQyCw | + on ABC1 Lateline http://youtu.be/yI30VwPZm-o - see related content, other interviews during his ill health.
Christopher  Hitchens  book  capitalism  USA  Republic  revolution  history  accountability  corporatism  lobby  workplace  parasitic  behaviour  corporate  governance  corporate  culture  working  poor  knowledge  worker  White-collar  Blue-collar  skill-biased  technological  change  revolving  door  Lobbying  lobbyist  Career  Politicians  zombie  corporations  corporations  corporate  media  Politics  Public  Policy  unknown  unknowns  complexity  unintended  consequences  working  class  middle  class  squeezed  middle  class  transparency  Germany  Europe  UK  Public  Life  debate  speeches  speech  rethorik  rhetoric  improv  Socratic  method  Religion  cancer 
july 2014 by asterisk2a
BIS Slams "Market Euphoria", Finds "Puzzling Disconnect" Between Economy And Market | Zero Hedge
"... it is hard to avoid the sense of a puzzling disconnect between the markets’ buoyancy and underlying economic developments globally....  Despite the euphoria in financial markets, investment remains weak. Instead of adding to productive capacity, large firms prefer to buy back shares or engage in mergers and acquisitions.   As history reminds us, there is little appetite for taking the long-term view. Few are ready to curb financial booms that make everyone feel illusively richer.  Or to hold back on quick fixes for output slowdowns, even if such measures threaten to add fuel to unsustainable financial booms. Or to address balance sheet problems head-on during a bust when seemingly easier policies are on offer. The temptation to go for shortcuts is simply too strong, even if these shortcuts lead nowhere in the end. [...] " Never before have central banks tried to push so hard."
short-term  thinking  short-term  long-term  thinking  long-term  view  Wall  Street  WallStreet  ZIRP  hunt  for  yield  equity  bubble  asset  bubble  2014  NIRP  QE  monetary  policy  monetary  stimulus  monetary  system  liquidity  trap  BIS  unintended  consequences  unknown  unknowns  complexity  faultlines  financial  market  productivity  output  gap  fiscal  stimulus  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  infrastructure  investment  corporate  governance  public  good  public  interest  public  investment  Career  Politicians  Politics  democracy  Democratic  Process  lobby  Lobbying  lobbyist  stakeholder  shareholder  shareholder  value  Makers  policy  error  policy  folly  industrial  policy  energy  policy  fiscal  policy  education  policy  BOE  Fed  ECB  BOJ 
june 2014 by asterisk2a
BBC News - Flexible working rights extended to all
http://www.bbc.co.uk/news/business-28084265 + http://www.bbc.co.uk/news/uk-24171663 "Working 40 hours per week is fairly typical for full time employees in the UK - but an independent think tank has called for that figure to be reduced to 30 hours. The New Economics Foundation said a shorter, more flexible working week would be good for workers, the environment and the economy." - future is ~30-35hrs with productivity time slots - /// http://www.bbc.co.uk/news/magazine-23462627 Figures from the Office of National Statistics suggest we are actually working on average an hour or two less than we did in 1971 but it does not feel that way, as the internet and email mean we are never off-duty. || http://www.bbc.co.uk/news/business-26436131 - "Compressed hours" - teamTreehouse has a 4 day work week.
flexible  working  hours  productivity  output  gap  Robert  Skidelsky  book  leisure  time  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  future  of  work  happiness  index  GDP  academia  academics  status  symbol  social  status  work  life  balance 
june 2014 by asterisk2a
BBC News - Foreign languages 'shortfall' for business, CBI says
The UK's education system is failing to produce enough people with foreign-language skills to meet a growing need from business, the CBI has said. Nearly two-thirds of about 300 UK firms surveyed by the business lobby group said they preferred staff with these skills. French, German and Spanish were highly prized but Arabic and Mandarin were growing in importance, it said.
flat  world  globalisation  globalization  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  education  policy  college  university  education  competitive  advantage  competitiveness  competitive  comparative  advantage  USA  UK 
june 2014 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
BBC News - 'No wage rises' until jobless rate falls to 5% says MPC member
Martin Weale said there may be more spare capacity in the economy than policymakers had previously estimated. +++ Bank of England 'puzzled' by productivity gap - http://www.bbc.co.uk/news/business-27857472 >> London Finance Centre Canary Wharf drove up productivity in the run up to the 2008 GFC :: UK workforce as a whole, lacking skills for the future, thus the productivity gap; Mobile Creative, Mobile Creatives, skill-biased technological change, knowledge worker, White-collar Worker, Blue-collar Worker. Year of Code is too late and a drop/tea-cup in the ocean. College needs to offer Computer Science Degrees (Technichal College), not just University. College's offers courses as "Beauty Technicians." Services Industry that does NOT scale. A locals hairdressers service can not be exported, sold and consumed in other countries. Period.
spare  capacity  output  gap  UK  productivity  recovery  2014  BOE  economic  history  unknown  unknowns  complexity  unemployment  structural  unemployment  economy  monetary  policy  fiscal  policy  austerity  Impediments  faultlines  structural  imbalance  productivity  gap  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  Year  of  Code  21stcentury  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  education  Higher  formal  education  business  education  education  bubble  un-college  College  scaling  scale  microeconomics  macroeconomic  policy  microeconomic  policy  macroeconomics  macroprudential  policy  microprudential  regulation  Public  interest  retraining  STEM  education  policy  Career  Politicians  short-term  thinking  long-term  thinking  accountability  Politics  transparency  democracy  Democratic  Process  free  press  free  speech  pluralistic  society  plurality  pluralism  freedom  of  press  debate  discourse 
june 2014 by asterisk2a
Open your company's doors and let the machines in - the economy depends on it - Telegraph
The faster the mechanisation process, the more likely we are to see productivity – the amount of output each worker generates – starting to grow again and, with it, wages. A greater use of artificial intelligence throughout the economy will benefit, not hurt, the overall workforce. There are just two, crucial, caveats: it will be vital to help individuals displaced by the new technologies to find work in new areas. Better education and training will become even more vital. We also need policies to ensure that the UK, already a leading player in high value-added industries, continues to develop in these areas; this means making sure that Britain remains an open economy, that taxes are kept low, that higher education is allowed to thrive free of the dead hand of the state, and that infrastructure, including airport links, is up to scratch.
infrastructure  investment  infrastructure  UK  Net  Neutrality  productivity  Structural  Impediments  unemployment  skill-biased  technological  change  skill  skills  capital  skills  knowledge  worker  workless  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  unemployment  long-term  unemployment  long-term  thinking  short-term  thinking  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Software  competitive  advantage  competitiveness  Competition  competitive  comparative-advantage  comparative  advantage  21stcentury  New  Economy  Public  Policy  education  formal  education  Higher  practical  skills  employability  practical  skill  set  fiscal  globalization  globalisation  Year  of  Code  programmers  programming  working  poor  squeezed  middle  class  living  wage  Career  Politicians  folly  error  Policy  Makers  faultlines 
june 2014 by asterisk2a
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