asterisk2a + solidarity   46

Europe is becoming an undemocratic continent where force matters more than law | Comment is free | The Guardian
Only banks, global corporations and the superrich have any power against this faceless semi-superstate [...] In the past year, on two occasions when tested, European solidarity fell apart. [...] The real power, meanwhile, sits with large corporations, banks and elites. And here’s the strangest thing: for all the power concentrated at the top, the EU lacks the will to operate purposefully in the multipolar global power system. We know, roughly, what the US wants. Ditto for China and Russia. Ask what Europe wants – in Ukraine, Syria or the Arctic circle – and you’ll draw a blank. In a multipolar world, whose chaos zones are expanding, effective states with clear diplomatic aims and red lines matter.
democracy  Career  Politicians  bank  bailout  banking  crisis  lobbyist  lobby  Lobbying  tax  evasion  tax  avoidance  crony  capitalism  capitalism  Wall  Street  shareholder  value  shared  economic  interest  profit  maximisation  Brussels  Rechtsruck  symptom  No  Representation  social  contract  fairness  morality  Generationengerechtigkeit  austerity  Fiscal  Pact  Schuldenbremse  solidarity  TBTF  too  big  to  jail  too  big  to  bail  conglomerate  corporate  scandal  corporate  media  corporate  state  injustice  justice  white-collar  crime  Brexit  sovereign  debt  crisis  refugee  crisis  Super  Rich  1%  Gini  coefficient  inequality  poverty  G  Zero  economic  history  monetary  union  European  trickle-down  economics  dogma  ideology  Privatisation  neoliberalism  neoliberal  neoconservatism  neoconservatives  USA  UK  Europe  vested  interest  interest  groups 
october 2015 by asterisk2a
„Macht die Grenzen auf!“ | Monitor | Das Erste | WDR - YouTube
Kosovo-Flüchtlinge - youtu.be/HPXeScjqv9I - Kosovo, armenhaus Europas. 20-30 Jahre keine Verbesserung. Kein Rechtsstaat, keine politische entwicklung. Korruption. Mafia. // Integration! - Chancen der Zuwanderung - youtu.be/3rKiCuEM1ko - Fachkraeftemangel, demographic bubble - better education! << more investment, not met, to integrate succesfully! (Syria, Iraq, Eritrea). Current school system is more of a hinderance than a acceleration of integration because of lack of appriate teachers and numbers of teachers.Bildungssystem foerdert nicht, eher diskriminiert! // &! Flüchtlinge auf der Balkanroute - youtu.be/vlzFU-mLzsg &! youtu.be/sZgbTA1FU1k //&! Pictures - bbc.in/1O1AFiR &! No quick fix - bbc.in/1EDJPQP //&! bbc.in/1NTwuXb - War or abject misery pushes, opportunity in western countries provides the pull. There are other pulls too. [People you know in Europe.] &! bit.ly/1PQPnaT &! bv.ms/1im9Jhz
migration  immigration  Europe  Middle  East  Syrien  Syria  Iraq  Eritrea  economic  refugee  refugee  war  refugee  political  refugee  UK  morality  ethics  Career  Politicians  foreign  affairs  foreign  policy  foreign  relations  ISIS  Iraq  Afghanistan  Germany  Leadership  shadow  economy  USA  Mexico  21stcentury  Niedriglohnsektor  manual  labour  East  Europe  war  Kosovo  NATO  poverty  food  poverty  extreme  poverty  democracy  unemployment  corruption  bribery  Aid  Entwicklungshilfe  Mafia  transparency  accountability  humanitarian  crisis  Human  Trafficking  decency  humanity  organised  crime  tragedy  progress  rights  being  dehumanisation  subhuman  Lebensgrundlage  integration  Fachkräftemangel  demographic  bubble  ageing  population  education  policy  Asylbewerber  Asylum  social  discrimination  discrimination  Gesellschaft  Zivilgesellschaft  civic  society  civic  good  civil  courage  civil  society  European  Union  solidarity 
september 2015 by asterisk2a
Big businesses should agree to renounce aggressive tax planning, says HMRC | Business | The Guardian
[ Voluntary, are you kidding me!? ] The government wants the UK’s largest businesses to sign a voluntary code of conduct on tax which would see them renounce aggressive tax planning and vow to follow the spirit as well as the letter of the law. // [ rootless crony capitalistic tax evaders with profit maximization and shareholder value on mind ... to pay more!? ] [ how intellectual dishonest can one be!? (Osborne, Cameron and Co.) we are obviously not all in this together! He ask the poorest, disabled and unemployed to do their best (or work more hours, harder and asking their employer to pay them more for the same amount of work - by cutting tax credits) and if it doesn't yield results, cuts the benefits (his 'only work pays' mantra ... and ask crony rootless global conglomerates to be a little easier on tax planning through a "voluntary code of conduct" ]
general  election  2015  election  campaign  promises  budget2015  crony  capitalism  capitalism  Wall  Street  shareholder  value  profit  maximisation  David  Cameron  George  Osborne  No  Representation  austerity  tax  avoidance  tax  evasion  UK  conglomerate  corporate  governance  Career  Politicians  IMF  OECD  democracy  society  social  cohesion  social  tension  HMRC  corporate  tax  rate  trickle-down  economics  economic  model  economic-thought  dogma  ideology  propaganda  corporate  state  populism  Lügenpresse  fairness  Gesellschaft  solidarity  manufactured  consent  neoliberalism  neoliberal  liberal  economic  reform  microeconomic  policy  Makers  policy  error  policy  folly  tax  credit  child  tax  credit  working  tax  credit  Tories  Conservative  Party  DWP  Iain  Duncan  Smith  minimum  wage  living  wage 
july 2015 by asterisk2a
America Is One Big Pothole: Ray LaHood - YouTube
- increases cost for people and businesses, doing business. in USA, compared to elsewhere. Ops Cost. ie Commuting times. biggest well being/health cost to employees and thus businesses (sick days and productivity and health care spending) same with air and water pollution. same with defences against flooding (drainage and sewers). same with fallen trees on electricity lines during storms (rail and street disruption). // China is building controversially not for the next 5-10 years. It is building for the next 20-30 years because (1) political system and (2) for the purpose of keeping GDP growth up y/y at an arbitrarily number of ie 5-7%. Without regard for the quality, the multiplier, repair cost (up keep cost of an empty road or building till it is fully utilized in 5-10 years time). // US, UK, etc could also additionally to the gasoline tax put on a levy of 0.1-2% on gross revenue of all businesses. Because they USE the infrastructure too & depend on it to do business - or move.
infrastructure  infrastructure  investment  USA  gas  tax  gasoline  tax  fiscal  stimulus  fiscal  policy  long-term  view  long-term  thinking  competitiveness  competitive  flat  world  borderless  UK  Germany  globalisation  globalization  Career  Politicians  No  Representation  economic  model  trickle-down  economics  tax  evasion  tax  avoidance  tax  code  corporate  tax  rate  fairness  solidarity  Gesellschaft  society 
july 2015 by asterisk2a
Lesbos: Flüchtlingslager überfordert -Video - SPIEGEL ONLINE
Die Camps auf der griechischen Insel Lesbos sind überfüllt, die hygienischen Zustände unhaltbar. Der Bürgermeister der Inselhauptstadt fühlt sich von der internationalen Gemeinschaft im Stich gelassen. // increase of 80% compared to last year. // Migrants Flood Greek Island of Lesbos - youtu.be/kDqhptRULFw // &! Kos Becoming Main Migrant Entry Point To Europe - youtu.be/oZDBBq0FABI
Greece  refugee  war  refugee  political  refugee  economic  refugee  Asylum  Asylbewerber  Italy  European  Union  solidarity  society  Gesellschaft  Syrien  Syria  Europe  immigrants  immigration  adoptarefugee.org 
july 2015 by asterisk2a
Robert J. Shiller: "Are We Headed for Another Financial Crisis?" (final edition, as of MAR 8) - YouTube
3rd ed adds bond market. where richard koo explains bond prices are a symptom of the balance sheet recession as is "deflationary." // liquidity trap // predicting turning points is bad business - highlighting fundy skew is easy. // equity bubble BURST? no. bond bubble BURST? no. how abt unreasonable higher interest rates for businesses bc of Taper from Fed long dated bonds into illiquid market. like Koo argues as possibility, which would depress gdp growth further bc of higher capital cost than the economy fundy actually would demand. contributing 2 the secular stagnation. // Other case: Crash of China (too much of a good thing, irrational exuberance) & Western Central Banks have no means 2 ease further & Career Politicians have no guts 2 actually pull out the guns for once 4 intelligent fiscal stimulus w a long-term view (no white elephants & bridges 2 nowhere). // 19:30 status anxiety, Sozialer Abstieg, everyone for himself, austerity, inequality, Software, etc = secular stagnation
Robert  Shiller  financialcrisis  GFC  economic  history  book  recovery  ZIRP  NIRP  QE  credit  bubble  equity  bubble  property  bubble  speculative  bubbles  speculative  speculation  psychology  confidence  irrational  exuberance  animal  spirit  austerity  Fiscal  Pact  Schuldenbremse  ideology  dogma  economic  model  financial  crisis  housing  market  UK  USA  China  Japan  Richard  Koo  deflationary  hunt  for  yield  sustainable  sustainability  Richardkoo  balance  sheet  recession  deflation  secular  stagnation  negative  real  interest  rate  Taper  BOJ  BOE  Fed  ECB  sovereign  debt  crisis  monetary  policy  monetary  system  monetary  stimulus  unconventional  monetary  policy  monetary  transmission  mechanism  monetary  theory  modern  monetary  theory  policy  stimulus  crony  capitalism  mainstreet.org  mainstreet  Wall  Street  exploitation  uncertainty  deleveraging  savings  rate  business  investment  Sozialer  Abstieg  inequality  income  inequality  tax  code  capital  gains  fairness  Software  Is  Eating  The  World  consumer  confidence  business  confidence  public  investment  productive  investment  personal  investment  underinvestment  infrastructure  investment  socioeconomic  status  status  anxiety  social  status  zombie  consumer  zombie  corporations  zombie  banks  Gesellschaft  solidarity  society  soziologie  sociology  worry  squeezed  middle  class  precariou 
july 2015 by asterisk2a
Davos 2015: Nouriel Roubini says Income Inequality Creates U.S. Plutocracy - YouTube
- shown hurting growth. US growth is dependent on consumer spending. stupid. hacking off the only leg one has is not smart. // established economic truth ! Paul Krugman: Inequality Actually Bad for Growth - youtu.be/cRMi8_M681U &! Paul Krugman & Tony Atkinson in Conversation | Inequality and Economic Growth - youtu.be/3l6E3mUNW70 &! &! What's Really Driving Income Inequality: Orszag - youtu.be/XJ_raBX7oq8 ( only added value jobs STEM - pays for work and shows wage growth, not so in service sector jobs. UK recovery showed it; lots of service sector job creation than any other type of job + Lohnzurueckhalting (no leverage to demand higher wage than just minimum wage or little above bc outside the door waits the one who will replace you) = no wage growth in the first couple of years of recovery and no productivity growth and persistent output gap (below potential) )
plutocracy  Gini  coefficient  income  mobility  social  mobility  American  Dream  inequality  income  inequality  squeezed  middle  class  economic  growth  USA  economic  history  wage  growth  UK  recovery  secular  stagnation  job  market  job  creation  labour  market  labour  economics  STEM  productivity  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  precarious  work  Precariat  working  poor  job  security  Contractor  Zero  Hour  Contract  part-time  underemployed  skills  gap  Zeitarbeit  Leiharbeit  manual  labour  value  creation  added  value  knowledge  worker  Blue-collar  White-collar  minimum  wage  living  wage  disposable  income  discretionary  spending  industrial  policy  fiscal  policy  Higher  Education  policy  vocational  Sozialer  Abstieg  liberal  economic  reform  neoliberal  neoliberalism  trickle-down  economics  fiscal  stimulus  public  investment  competitiveness  competitive  infrastructure  investment  borderless  flat  world  globalisation  globalization  austerity  fairness  tax  evasion  tax  code  tax  avoidance  profit  maximisation  shareholder  value  Wall  Street  crony  capitalism  GFC  gender  inequality  poverty  trap  child  poverty  poverty  democracy  short-term  thinking  short-term  view  long-term  view  long-term  thinking  employability  lost  decade  lost  generation  youth  unemployment  Career  capitalism  Po 
july 2015 by asterisk2a
Why Greece’s European Agreement Is Not a Bailout - YouTube
'Tsipras was digging his own grave.' That he goes home now with that deal that has to be passed by Parliament, this deal after the referendum no on bailout terms less harsh, that is tough. Demuetigung by Eurogroup and Co. To go home with even more stricter terms, the people that elected him on an anti-austerity platform and gave a resounding 61% no to the bailout terms given February 2015 after the election of Syriza.
Greece  Alexis  Tsipras  Yanis  Varoufakis  Syriza  referendum  democracy  bailout  2015  Eurogroup  Angela  Merkel  creditor  Politics  economic  history  IMF  Troika  Great  Depression  Career  Politicians  Wolfgang  Schäuble  ECB  Germany  FrancoisHollande  France  Grexit  austerity  Privatisation  debt  restructuring  haircut  sovereign  debt  crisis  debt  jubilee  common  sense  common  good  solidarity  BIS  World  Bank  ChristineLagarde  Jean-Claude  Juncker  MarioDraghi  European  Union 
july 2015 by asterisk2a
Am Tiefpunkt der europäischen Nachkriegsgeschichte - Jung & Naiv: Folge 237 - YouTube
referendum yes no - was not planned through if Eurogroup would not budge to demands of lesser austerity terms. Syriza had no plan (Grexit) for this case, how it played out. Thus (Tsipras) had to accept (capitulated) any offer Eurogroup offered; privatisation of state assets with an aim to raise 50bn, no debt restructuring nor forgiveness. // This is the 3rd bailout outcome; a bailout to repay previous bailouts (EFSF, IMF, ECB) and private debt obligations. Greece (Parliament) will have to accept Eurogroup offer/demands because they were not willing to opt by their own, the worst of the worst and the unknown of Grexit. 'Darin liegt auch die Demuetigung.' //
referendum  bailout  Alexis  Tsipras  Yanis  Varoufakis  Greece  Eurogroup  Troika  IMF  ECB  Angela  Merkel  Wolfgang  Schäuble  2015  Career  Politicians  manufactured  consent  populism  corporate  state  solidarity  austerity  ideology  dogma  Great  Depression  economic  history  media  conglomerate  European  Syriza  fiscal  sovereignty  sovereign  debt  crisis  insolvent  Insolvenzverschleppung  insolvency  Grexit  liberal  economic  reform  Privatisation  democracy 
july 2015 by asterisk2a
Understanding the Financial Crisis in Greece - YouTube
In which John Green discusses the history of Greece's deficit and debt problems, the challenges of adopting the Euro and living with the Eurozone's monetary policy, and the possibility of the so-called Grexit--a Greek exit from the Euro.
Grexit  economic  history  Greece  European  Union  solidarity  Great  Depression  2015  referendum  austerity  European  Leadership 
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
Greece debt crisis puts Germany's Merkel under pressure - BBC News
Of all of its creditors, Greece owes Germany the most - €68bn (£49bn; $75bn). // should compromise and change Germany internal debate whether we want to see 70% of our money or non at all in case of a Grexit in the next 5 years because Greece can no get back to economic growth and a real nationalistic and populistic elected gov that make Syriza look pale in comparison does elect to exit Euro voluntarily. Short sighted ideological national interest will bring worse than they can imagine - destroying the european dream and damaging europe as a whole as economy long-term (ie deflationary pressures ECB fights with more money, instead with political long-term resolution in the interest of THE EUROPEAN UNION, SOLIDARITY, they already did since GFC with their dither strategy, putting plasters on fault lines. Angela Merkel could have become the true Queen of Europe history would have remembered her. But she can only be national career politician & a lab worker (has science degree).
Career  Politicians  compromise  Grexit  bailout  debt  restructuring  haircut  EFSF  IMF  ECB  ESM  Greece  sustainable  sustainability  economic  history  austerity  national  interest  European  Union  policy  folly  policy  error  Angela  Merkel  Sigmar  Gabriel  Wolfgang  Schäuble  Troika  ChristineLagarde  Eurogroup  MarioDraghi  common  sense  common  good  Great  Depression  lost  decade  lost  generation  zombie  banks  short-term  thinking  short-term  view  ideology  dogma  populism  propaganda  Nationalism  media  conglomerate  Lügenpresse  No  Representation  faultlines  structural  imbalance  GFC  recovery  solidarity  manufactured  consent  corporate  state  Gesellschaft  European  fiscal  transferunion  Eurobond  Leadership  vision 
july 2015 by asterisk2a
BBC iPlayer - Newsnight - 08/07/2015
"Comprehensive analysis of the Budget with Evan Davis and guests." // During the election David Cameron said child tax credit/benefit was off the list of welfare spending cuts. - broken election campaign promise // --- SHOULD BE (Labour Party Policy for next election):: make work pay and eliminate child poverty AND help people (everyone) w education and support to find better and more gainful work that lift them and the economy by producing added value products. // no path to higher wages, no path to higher productivity, no path to added value British Products export increase (manufacturing, research, STEM, ...) // low wage jobs have no to very little economic multiplier ... take into account tax credits etc and it is net-negative for state and the council //
election  campaign  promises  David  Cameron  budget2015  living  wage  minimum  wage  George  Osborne  Tories  Conservative  Party  working  poor  precarious  work  Precariat  underemployed  part-time  social  mobility  income  mobility  downward  mobility  poverty  trap  added  value  Manufacturing  Public  Policy  industrial  solidarity  society  class  warfare  austerity  dogma  ideology  trickle-down  economics  economic  model  corporate  tax  rate  STEM  education  vocational  education  practical  skill  set  practical  skills  skills  gap  democracy  Future  of  productivity  output  gap  economic  growth  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  competitiveness  competitive  borderless  flat  world  working  tax  credit  tax  credit  child  tax  credit  neoliberal  neoliberalism  liberal  economic  reform  welfare  state  Public  Services  Services  childcare  employability  self-employment  long-term  unemployment  child  poverty  food  poverty  poverty  Student  Maintenance  Grant  exports  current  account  deficit  export  Higher  gender  inequality  single  mum  teenage  pregnancy  economic  multiplier  labour  economics  labour  market  job  creation  recovery  GFC  bailout  fairness  short-term  thinking  short-term  view  Career  Politicians  No  Representation  Gini  coefficient  inequality  social  cohesion  social  tension  Gesell 
july 2015 by asterisk2a
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.
current  account  deficit  added  value  industrial  policy  budget2015  STEM  Higher  Education  vocational  policy  Student  Maintenance  Grant  Gini  coefficient  social  mobility  austerity  downward  mobility  income  mobility  poverty  trap  child  poverty  poverty  working  tax  credit  tax  credit  child  tax  credit  Housing  Benefit  skills  gap  skill-biased  technological  change  Future  of  Work  Mobile  Creatives  Mobile  Creative  practical  skills  practical  skill  set  apprenticeships  George  Osborne  David  Cameron  IMF  OECD  globalisation  globalization  borderless  competitiveness  competitive  productivity  flat  world  economic  history  trickle-down  economics  economic  model  labour  economics  Wall  Street  shareholder  value  profit  maximisation  corporate  tax  rate  shared  economic  interest  stakeholder  tax  evasion  tax  avoidance  solidarity  fairness 
july 2015 by asterisk2a
Osborne's Budget: ‘High priest of an austerity cult’ | Politics | The National
At its heart was a commitment to cut the deficit and bring the country in surplus by 2020. Osborne will achieve that partly through cuts to government spending, partly through new tax avoidance measures and substantially with hefty cuts to welfare. // &! John Swinney: The National Living Wage hides an attack on people in low-wage jobs -bit.ly/1CrSapj &! Equality: This Budget continues the project which impoverishes women - bit.ly/1D3dxrX - women make up ~70-77% of recipients of tax credit! &! tax credit essential for families on low income to top up to afford "living" [...] The Scottish Federation of Housing Associations is wholeheartedly against the removal of the automatic entitlement to Housing Benefit for 18 to 21-year-olds. This will have an adverse affect on the life chances and employment prospects of the 28,000 plus claimants in this group – over half of whom have young families of their own – as it could, for many, put their homes at risk. bit.ly/1LYCgWA &! bit.ly/1D3egtb
budget2015  austerity  poverty  trap  teenage  pregnancy  neoliberal  neoliberalism  gender  inequality  welfare  state  dogma  ideology  Conservative  Party  Tories  Toff  Privileged  Establishment  poverty  food  poverty  child  poverty  Gini  coefficient  Student  Maintenance  Grant  vocational  education  education  policy  tax  credit  working  tax  credit  child  tax  credit  living  wage  minimum  wage  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  skills  gap  downward  mobility  social  mobility  income  mobility  IMF  OECD  economic  history  propaganda  populism  manufactured  consent  corporate  state  solidarity  fairness  bailout  current  account  deficit  productivity  output  gap  industrial  policy  Higher  STEM  Manufacturing  added  value  working  poor  precarious  work  Precariat  Contractor  Zero  Hour  Contract  self-employment  labour  market  labour  economics  fiscal  policy  short-term  thinking  short-term  view  Career  Politicians  No  Representation  David  Cameron  George  Osborne 
july 2015 by asterisk2a
Alexis Tsipras im EU-Parlament: Viel reden, wenig sagen - SPIEGEL ONLINE
bit.ly/1IJwjL7 Greece needs much more time for reform implementation and to get to a stable economy, till it even can be considered debt repayment - even if all creditors block a substantial haircut/debt jubilee - they had (Germany). IF THEY (creditors) can not see a 'common sense' deal through, Greece will have to issue IOU in lieu of Euro paper money for Pensioners, Civil Servants & Contractors or break with ECB and issue unsecured loans to Banks via Bank of Greece. AND/OR as well as probably enact Plan B for a return to the Drachma ( bit.ly/1D16Rus ) AND THEN - Juncker threatens-claims Tsipras to have in-detail Grexit plan ( bit.ly/1gobU36) already. This only speak to the dogma & ideology creditors live in. No willing to compromise for the future of european union and actually use the crisis as an opportunity for more integration and solidarity. A union that Europe needs for its future, existence.
Greece  Grexit  referendum  creditors  IMF  Alexis  Tsipras  Syriza  Germany  EFSF  ECB  MarioDraghi  ChristineLagarde  Troika  Jean-Claude  Juncker  Angela  Merkel  Wolfgang  Schäuble  France  FrancoisHollande  zombie  banks  European  Union  European  History  Career  Politicians  No  Representation  Leadership  compromise  dogma  austerity  ideology  economic  economic  model  academia  political  economy  political  theory  political  error  political  science  political  folly  Governance  solidarity  fiscal  monetary  banking  transferunion  currency 
july 2015 by asterisk2a
Greece’s fight is for democracy in Europe. That’s why we must support it | Owen Jones | Comment is free | The Guardian
The EU powers told Greeks their world would cave in unless they acquiesced by voting yes. The no vote has raised the political stakes even higher (by Owen Jones, author) The referendum was, of course, a rejection of an austerity programme that has unleashed what is commonly described in Greece as a humanitarian crisis. Since Lehman Brothers crashed in 2008, austerity has always relied on the displacement of blame from elites to elsewhere. It was Goldman Sachs who helped the then Greek government to cook the countrys books to win entry into the euro. It was German & French banks who profitably and recklessly lent to Greece, just as US banks disastrously showered subprime mortgages on low-paid Americans. It was Germany who benefited from being able to export its consumer goods to peripheral European countries such as Greece. [transfer of debt/risk, plunging people & welfare state downward spiral with little growth to pay off new debt = unsustainable by Wall Street] &! bit.ly/1G3v9ns
democracy  referendum  Grexit  Greece  Europe  technocrat  austerity  economic  history  GFC  Career  Politicians  IMF  World  Bank  ECB  Troika  crony  capitalism  bailout  zombie  banks  too  big  to  jail  TBTF  toobigtofail  banking  crisis  sovereign  debt  crisis  Wall  Street  capitalism  neoliberal  neoliberalism  liberal  economic  reform  Yanis  Varoufakis  Owen  Jones  Thomas  Piketty  debt  jubilee  haircut  Leadership  No  Representation  Super  Cycle  debtoverhang  debt  restructuring  dogma  ideology  propaganda  Lügenpresse  manufactured  consent  history  European  solidarity  Germany  Angela  Merkel  corporate  state  Wolfgang  Schäuble  Jean-Claude  Juncker  ChristineLagarde  MarioDraghi  academia  academics 
july 2015 by asterisk2a
Münchau: Merkel zwischen Schuldenkonferenz und Grexit - SPIEGEL ONLINE
[ Groesste feigheit und intelectual cynicism of EU history. "Alternativlos." BIS warned, time was wasted. ] Mit ideologischer Verbohrtheit beharren die Deutschen darauf, dass Griechenland all seine Kredite zurückzahlen muss - was so oder so nicht geschehen wird. Höchste Zeit also für eine Schuldenkonferenz! // Case of history - Treaty of Versailles = Nationalism (Nazi) and Rechtsruck! Happened in Greece and Co. and in Germany. // People learned and after WW2 and came together to give Europe a chance! >> London Debt Agreement (German: Londoner Schuldenabkommen) "An important term of the agreement was that repayments were only due while West Germany ran a trade surplus, and that repayments were limited to 3% of export earnings. This gave Germany’s creditors a powerful incentive to import German goods, assisting reconstruction." - bit.ly/1exF0vY bit.ly/1ep1dvW - also periphery countries like France, Italy, Spain and Portugal were encouraged by Allies not to demand war reparations.
Greece  Grexit  PIIGS  PIGS  sovereign  debt  crisis  debtoverhang  ideology  propaganda  WW1  WW2  Treaty  of  Versailles  debt  jubilee  European  History  London  Agreement  Londoner  Schuldenabkommen  common  good  common  sense  Gesellschaft  dogma  populism  economic  society  austerity  trickle-down  economics  long-term  view  long-term  thinking  solidarity  Angela  Merkel  IMF  Troika  Wolfgang  Schäuble  World  Bank  Jean-Claude  Juncker  ChristineLagarde  academia  academics  sustainable  sustainability  Super  Cycle  debt  restructuring  haircut  debt  bubble  TBTF  too  big  to  jail  toobigtofail  crony  capitalism  Career  Politicians  No  Representation  Leadership  Legacy  vision  European  Union  fiscal  transferunion  Eurobond  lost  decade  lost  generation  GroKo  Sigmar  Gabriel  manufactured  consent  corporate  state  democracy  Lügenpresse  political  theory  political  error  political  economy  political  folly  policy  folly  policy  error  ECB  MarioDraghi  Makers  Great  Depression  GFC  recovery  output  gap  bailout  zombie  banks  banking  EuropeanSystemicRiskBoard  BIS 
july 2015 by asterisk2a
The Tory budget plan to cut tax credits – is it naive or just plain cynical? | Politics | The Guardian
[// If the Toff thinks firms will pay living wage & will not try to skirt around, he is intellectually a fraud & a cynic. //] [...] [P]roclaiming his renewed determination 2 take 12bn more out of the 220bn benefits bill, Osborne is being dishonest in an Alex Salmond sort of way. He & Dave have again ringfenced the £95bn pensioners share of the bill (state pensions plus perks like free TV licences), which is by far the largest component. Why? Pensioners bother to vote. They also retain the quaint old habit of buying newspapers. The Tory newspapers support pensioner perks. [ No Leadership, opportunistic, ... ] &! bit.ly/1KIQ4Tg Greek turmoil offers Osborne justification for his dictum of austerity [...] UK Manufacturing just 10% of Economy, oil capital shrinking, &! We are all in this together ... he pits each against each other for his agenda, ideology, dogma of the small state &free market while bailing out crony capitalism &zombie banks &treating them all same as if nothing happened
working  tax  credit  child  tax  credit  austerity  UK  David  Cameron  George  Osborne  budget2015  living  wage  minimum  wage  Tories  Conservative  Party  Privileged  liberal  economic  reform  welfare  state  Social  Services  Public  Services  free  market  Contractor  Zero  Hour  Contract  working  poor  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  job  market  job  security  underemployed  self-employment  political  economy  political  theory  democracy  Career  Politicians  No  Representation  Leadership  ideology  dogma  economic  history  propaganda  manufactured  consent  Lügenpresse  Toff  Establishment  mobility  downward  mobility  Gini  coefficient  inequality  income  inequality  tax  code  tax  free  income  child  poverty  chronic  stress  food  poverty  poverty  equality  solidarity  bailout  PR  relations  spin  doctor  fairness  TBTF  toobigtofail  too  big  to  jail  labour  market  labour  economics  job  creation  value  creation  added  value  recovery  GFC  society  Gesellschaft  Zivilgesellschaft  civil  society  courage  zombie  banks  crony  capitalism  capitalism  Wall  Street  small  state  London  income  growth  economic  growth  Lohnzurückhaltung  wage  growth 
july 2015 by asterisk2a
Griechenland: Slavoj Zizek im Interview über Tripras - SPIEGEL ONLINE
Mehr Europa: Im Interview verteidigt der Slowene Slavoj Zizek die Tsipras-Regierung - und deren Idee eines Referendums. Von Philip Kaleta [...] Zizek: Die griechische Regierung hat wiederholt ihre Absicht klar gemacht, Griechenland sowohl in der EU als auch in der Eurozone halten zu wollen. Diese Haltung ist völlig eindeutig, Referendum hin oder her. Es geht heute darum, ob der Sparkurs weiterverfolgt wird oder neue Wege eingeschlagen werden. Die Kritiker von Tsipras versuchen, den Kern des Referendums in eine Schicksalsfrage umzudeuten. [...] Ohne einen solchen Plan [oekonomischer neuanfang] würde sich die Krise letztlich immer wieder reproduzieren. [...] Sogar der IWF hat eingeräumt, dass Griechenland einen groß angelegten Schuldenerlass braucht, um "Raum zum Atmen" zu schaffen und die Wirtschaft wieder zum Laufen zu bringen. [...] In Ihrem aktuellen Buch plädieren Sie für eine europäische Leitkultur, ... [ bailout = socialism for tbtf/jail and donors, lobby & country club ]
democracy  Slavoj  Zizek  Greece  PIGS  austerity  bailout  toobigtofail  TBTF  too  big  to  jail  Wall  Street  crony  capitalism  capitalism  Career  Politicians  No  Representation  referendum  Podemos  Syriza  Grexit  European  Union  debt  jubilee  sustainability  sustainable  debtoverhang  sovereign  debt  crisis  fiscal  sovereignty  Great  Depression  ideology  dogma  economic  history  sociology  psychology  history  Europe  solidarity  Gesellschaft  IMF  Troika  Angela  Merkel  Wolfgang  Schäuble  Jean-Claude  Juncker  Jens  Weidmann  ChristineLagarde  ECB  MarioDraghi  Leadership  fiscal  political  compromise  shared  economic  interest  EFSF  European  vision  courage  technocrat  status  quo  lost  decade  lost  generation  egalitarianism  fairness  equality  inequality  Gini  coefficient  egalitarian  culture  society  heresy  thought  thought  leader  economic-thought  trust  trustagent 
july 2015 by asterisk2a
Merkel's Leadership Has Failed in the Greece Crisis - SPIEGEL ONLINE
[ "Alternativlos." ] Angela Merkel relishes her reputation as queen of Europe. But she hasn't learned how to use her power, instead allowing a bad situation to heat up to the boiling point. Her inability to take unpopular stances badly exacerbated the Greek crisis. // &! bit.ly/1f8B8lY - Kein Unterschied, ob "Bild", "Zeit" oder ARD: In den deutschen Medien schwingen sich Journalisten reihenweise zu pöbelnden Parteigängern auf, statt Fakten und Analysen zur Griechenlandkrise zu bringen.
debt  jubilee  haircut  Grexit  Greece  PIGS  sovereign  debt  crisis  Angela  Merkel  Leadership  Career  Politicians  Germany  political  error  political  economy  political  science  political  folly  short-term  thinking  short-term  view  European  Union  IMF  ECB  BuBa  Bundesbank  Jens  Weidmann  MarioDraghi  ChristineLagarde  Jean-Claude  Juncker  France  unintended  consequences  unknown  unkown  complexity  ideology  dogma  manufactured  consent  corporate  state  bailout  solidarity  Gesellschaft  history  economic  history  austerity  Schuldenbremse  Fiscal  Pact  policy  folly  policy  error  GFC  recovery  sovereignty  Lügenpresse  media  conglomerate 
july 2015 by asterisk2a
Greek referendum: how would top economists vote? | World news | The Guardian
"A no vote would at least open the possibility that Greece, with its strong democratic tradition, might grasp its destiny in its own hands. [...] [I]s far more hopeful than the unconscionable torture of the present." [...] The troika clearly did a reverse Corleone – they made Tsipras an offer he can’t accept, and presumably did this knowingly [ Blackmail offer they (Syriza) could not accept - bbc.in/1GV19uS &! bbc.in/1TcpC7s &! youtu.be/g3YF38exVNo ]. So the ultimatum was, in effect, a move to replace the Greek government. [T]hat has to be disturbing for anyone who believes in European ideals. [...] I recommend that the Greek people give a resounding “No” to the creditors in the referendum on their demands this weekend. // &! The Guardian view on the Greek referendum: hard to imagine a more dismal choice - Editorial - bit.ly/1LZS7kv - The Greek crisis has led Brussels into the business of regime change // &! True leaders admit 2 mistakes = humility. not smartest.
jeffreysachs  Jeffrey  Sachs  Joseph  Stiglitz  Paul  Krugman  Grexit  referendum  democracy  Troika  IMF  ECB  austerity  ideology  economic  history  Career  Politicians  Angela  Merkel  Wolfgang  Schäuble  ChristineLagarde  Syriza  blackmail  dogma  economic  damage  economic  model  economic-thought  shared  economic  interest  social  tension  social  cohesion  Gesellschaft  European  Union  solidarity  propaganda  manufactured  consent  corporate  state  EFSF  haircut  debt  jubilee  Leadership  humility  MarioDraghi  Jean-Claude  Juncker 
july 2015 by asterisk2a
Greek economy close to collapse as food and medicine run short | World news | The Guardian
Banks said they had a €1bn cash buffer to see them through the weekend – equal to just €90 (£64) a head for the 11 million-strong population – and would require immediate help from the European Central Bank on Monday whatever the result of the referendum, in which the two sides are running neck and neck. Alexis Tsipras, Greece’s prime minister, was fighting for his political life on Friday night, using a rally to say that a no vote would enable him to negotiate a reform-for-debt-relief deal with the country’s creditors. [ Greece needs debt jubilee (and Allies urged also to forgo reparations) like post-WW2/Nazi Germany got that enabled it to economically succeed, but Greece (and its people) is not seen as too big to fail and not critical for European stability. A 20 year debt repayment pause that IMF last week brought in, is not enough. It is just a delay. It's economically not sound. Just opportunism to show to the public 'we do something.' ]
debt  jubilee  Germany  history  WW2  haircut  sustainable  sustainability  sovereign  debt  crisis  Grexit  PIGS  contagion  unintended  consequences  unknown  unkown  monetary  union  Leadership  IMF  ChristineLagarde  Angela  Merkel  Jean-Claude  Juncker  Wolfgang  Schäuble  Career  Politicians  European  solidarity  Gesellschaft  Greece  debt  bubble  debt  restructuring  Opportunism  opportunist  Wirtschaftswunder  economic  history  zombie  banks  bailout  Troika  EFSF  Syriza  ECB  MarioDraghi  ELA  austerity  ideology 
july 2015 by asterisk2a
"We want the NHS to fight with us, not against us" - Newsnight - YouTube
>> research into medicine combating rare diseases need to be subsidized by conglomerate of countries - ie WHO !!! - and money put transparently in private-public (arms/joint-ventures) partnerships and keeping them lean and accountable. and letting people across the world put their brains to use in the research and process - crowd funding/sourcing style, failing faster (knowing faster what does not work and stop there, thus finding a solution - other possible pathway - faster. << THIS Needs multi-country Leadership that push the vision with a mission!
NHS  philosophy  big  pharma  pharma  pharmaceutical  industry  subsidies  subsidizing  ethics  ethical  machine  ethical  moral  beliefs  morality  minority  democracy  medical  profession  medical  research  public  health  public  health  policy  shared  economic  interest  stakeholder  happiness  index  Gesellschaft  Zivilgesellschaft  solidarity  Leadership  vision  western  world  transferring-wealth  Disabled  disability  welfare  state  Services  Social  Services  austerity  crony  capitalism  Wall  Street  shareholder  value  profit  maximisation  private-public  partnership  wisdom-of-the-crowd  crowdsourcing  crowd  sourcing 
july 2015 by asterisk2a
Gregor Gysi, DIE LINKE: »Sie wollen die linke Regierung in Griechenland beseitigen« - YouTube
[ "Alternativlos" & 'Jeder fuer sich selbst.' ] Die Rettungspakete galten nie den Bürgerinnen und Bürgern, sondern immer den Banken. Auch bei uns wurden 480 Milliarden Euro binnen einer Woche für die Rettung der Banken beschlossen. Wenn man mal 1 Million Euro für einen kulturellen oder sozialen Zweck braucht, dann bekommt man ein Nein, aber bei den Banken gibt es immer nur ein Ja. [...] Ich habe Ihnen zugehört, Frau Bundeskanzlerin. Ihre Rede kann ich wie folgt zusammenfassen: Die griechische Regierung hat alles falsch gemacht, und Sie, Herr Schäuble und die europäischen Institutionen, also der Internationale Währungsfonds, die Europäische Kommission und die Europäische Zentralbank, haben alles richtig gemacht. // via bit.ly/1R6V2yA
GroKo  Angela  Merkel  European  Union  bailout  Grexit  PIGS  PIIGS  EFSF  EFSM  ESM  IMF  Germany  Leadership  austerity  ideology  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  Jean-Claude  Juncker  zombie  banks  GFC  sovereign  debt  crisis  democracy  No  Representation  EuropeanSystemicRiskBoard  European  History  Rechtsruck  propaganda  manufactured  consent  Sigmar  Gabriel  solidarity  Gesellschaft  Lügenpresse  investigative  journalism  journalismus  journalism  Syriza  political  economy  political  theory  France  economic  election  campaign  promises  Protest  Partei  Protest  Party  Podemos  Career  Politicians  short-term  thinking  short-term  view  Sozialer  Abstieg  squeezed  middle  class  hartz-iv  welfare  state  Public  Services  Social  Services  fairness  Super  Rich  1%  tax  evasion  tax  avoidance  crony  capitalism  sovereignty  Troika  corporate  state  Toff  Establishment  Privileged  poverty  Gini  coefficient  mobility  UK  ChristineLagarde  political  science  political  error  political  folly  PR  relations  spin  doctor  banking  transferunion  currency  monetary  Eurobond  ECB  MarioDraghi  trichet  compromise  Politics 
july 2015 by asterisk2a
WikiLeaks - Espionnage Élysée - Angela Merkel on Greece and Europe (actions speak louder than words).
Earlier reporting reveals that following talks last week in Berlin with Merkel, Hollande complained that nothing of substance was achieved; it was purely for show. Hollande had found the chancellor fixated on the Fiscal Pact and above all on Greece, on which he claimed she had given up and was unwilling to budge. // Angela (Germany) put(s) national and personal political interests first second third and last .... // symptoms of our time, even politicians jump on "everybody for himself" //
Angela  Merkel  Grexit  Greece  Leadership  PIGS  sovereign  debt  crisis  European  Union  Wolfgang  Schäuble  GroKo  Germany  shared  economic  interest  Career  Politicians  No  Representation  Wall  Street  haircut  Nationalism  political  theory  political  economy  policy  folly  policy  error  short-term  thinking  short-term  view  Legacy  political  error  political  folly  Jean-Claude  Juncker  ECB  MarioDraghi  GFC  bailout  fairness  solidarity  propaganda  populism  Lügenpresse  manufactured  consent  IMF  EFSF  toobigtofail  TBTF  too  big  to  jail  zombie  banks  banking  recovery  economic  history  Sozialer  Abstieg  downward  mobility  Gini  coefficient  inequality  tax  evasion  tax  avoidance  squeezed  middle  class  labour  market  labour  economics  precarious  work  Precariat  liberal  economic  reform  unintended  consequences  unknown  unkown  working  poor  Leiharbeit  Zeitarbeit  Minijob  minimum  wage  living  wage  Aufstocker  hartz-iv  Riester-Rente  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  Service  Sector  Jobs  globalisation  globalization  competitiveness  competitive  flat  world  borderless  job  market  job  creation  underemployed  youth  unemployment  lost  decade  lost  generation  monetar 
july 2015 by asterisk2a
Griechenland-Krise: Wir verspielen Europa - Kommentar - SPIEGEL ONLINE
Die Griechen können sich per Referendum aus dem Euro wählen, die Briten über einen EU-Austritt abstimmen: Europa droht auseinanderzubrechen - weil wir alle uns zu wenig dafür einsetzen. [...] Griechenland drohen der Staatsbankrott und ein chaotisches Ausscheiden aus der Eurozone. Die Briten sollen in einigen Monaten über den Verbleib in der EU abstimmen. Eine gemeinsame europäische Strategie für den Flüchtlingsansturm über das Mittelmeer ist nicht in Sicht. Die Geheimdienst-Ausspähungen haben die USA und Europa einander entfremdet, während Russland an einer undurchsichtigen Expansionsstrategie arbeitet. [ Symptoms of our time. ] // bit.ly/1HvMxbP - Pressekompass: Wer ist schuld an der Griechen-Krise? Die Antworten der internationalen Medien
Brexit  Grexit  European  Union  Angela  Merkel  David  Cameron  Jean-Claude  Juncker  Wolfgang  Schäuble  Leadership  Career  Politicians  political  science  short-term  thinking  short-term  view  political  economy  monetary  austerity  UKIP  Rechtsruck  Rechtsextremismus  Fiscal  Pact  Schuldenbremse  sovereign  debt  crisis  solidarity  Zivilgesellschaft  Zivilcourage  Gesellschaft  Sozialer  Abstieg  Existenzangst  squeezed  middle  class  economic  history  zombie  banks  fairness  bailout  GFC  recovery  PIGS  vision  mission  compromise  interest  groups  vested  interest  Germany  UK  France  unknown  unkown  unintended  consequences  ECB  manufactured  consent  propaganda  Lügenpresse  AfD  Protest  Partei  Protest  Party  European  Election  2014  democracy  No  Representation  ideology  adoptarefugee.org  political  refugee  economic  refugee  refugee  war  refugee  Asylum  Asylbewerber  East  policy  folly  policy  error  history  European  USA  surveillance  state  Orwellian  Five  Eyes  corporate  espionage  industrial  espionage  espionage  cyber  espionage  Russia  Ukraine  Ukrain  Syrien  Syria  ISIS  Iraq  uncertainty  instability  QE  ZIRP  NIRP  deflationary  secular  stagnation  Crimea  NATO  East  Europe  Deutschland  Scottish  independence  referendum  Greec 
june 2015 by asterisk2a
Griechenland: Was Angela Merkel noch alles angeboten hat - SPIEGEL ONLINE
Für den Fall, dass Tsipras die Verlängerung des aktuellen zweiten Hilfspakets zu den veränderten Konditionen akzeptiert hätte, bot Merkel ihm dem Vernehmen nach in einem letzten Gespräch am Freitag vergangener Woche unter anderem Folgendes an: ein drittes Hilfsprogramm, Schuldenerleichterungen, also eine teilweise Umschuldung, Investitionen in Höhe von rund 35 Milliarden Euro. // BUT NO debt jubilee/haircut and admitting that it was a EU bank bailout through the back door. // Counter-off on day 0 from Syriza; ESM to take on debt for two years. Another delay. Country will NOT start to grow in two years to pay off EFSF and IMF ... bit.ly/1Nsrupr &! IMF pushes back on default scenario - bit.ly/1NsrpSz &! Germany paid 85bn to EU banks (aka Greece Debt payments via EFSF, IMF and ECB ELA liability and bonds that ECB bought via their bank refinance programms (LTRO) via BuBa capital ownership of ECB) in case of default - bit.ly/1Hrx4ra // &! bbc.in/1Knh8qM &! bbc.in/1Knh8qM
Grexit  default  IMF  EFSF  Angela  Merkel  PIGS  Wolfgang  Schäuble  European  Union  Career  Politicians  economic  history  sovereign  debt  crisis  zombie  banks  GFC  recovery  Great  Depression  Greece  austerity  Troika  ECB  Syriza  democracy  solidarity  political  error  political  economy  political  folly  policy  error  policy  folly  ESM  ELA  BuBa  Bundesbank  LTRO  TLTRO  MarioDraghi  Jean-Claude  Juncker 
june 2015 by asterisk2a
Griechenland vor dem Referendum: Banken sind Herd der Krise - SPIEGEL ONLINE
Angesichts dieser Lage würden rationale Menschen den Schaden begrenzen wollen. Die einzige Möglichkeit, die es jetzt noch gibt, wäre ein verhandelter Schuldenschnitt für Griechenland ohne neues Programm, aber mit einer Refinanzierung der griechischen Banken. Mit anderen Worten: Wir müssten die Schmach über uns ergehen lassen, dass wir einem Teilverzicht unserer Forderungen zustimmen und gleichzeitig einen weiteren Kredit vergeben. So irrsinnig, wie sich das anhört, so sinnvoll wäre ein solcher Schritt aus deutscher Sicht. Nicht aus Mitleid oder Verantwortung. Sondern aus Eigennutz. Die Betonung hier liegt auf Teil-Verzicht. // // in the end it was a bank bailout through the backdoor sold to the people as Greece Bailout, the money went to the EU banks. period. so sell it as it is, the fucking pig. isn't politics about compromise? >> THUS LOL by Merkel call for more compromise - bit.ly/1Lyfjsc &! Merkel and Junker is at fault for putting them before Europe at large - bit.ly/1FxypaT
haircut  debt  jubilee  Grexit  Greece  PIGS  contagion  EFSF  IMF  Angela  Merkel  Wolfgang  Schäuble  ChristineLagarde  Career  Politicians  Leadership  unintended  consequences  2015  political  error  political  economy  European  Union  political  folly  policy  error  policy  folly  short-term  thinking  short-term  view  solidarity  Podemos  Syriza  Gesellschaft  zombie  banks  banking  bank  crisis  banking  crisis  stresstest  EuropeanSystemicRiskBoard  ECB  MarioDraghi  Jens  Weidmann  sovereign  debt  crisis  default  default  scenario 
june 2015 by asterisk2a
Six takeaways from the Danish elections
Rechtsruck  Rechtsextremismus  right-wing  immigration  Europe  Protest  Partei  Protest  Party  Zivilgesellschaft  gesellschaft  Sozialer  Abstieg  2015  squeezed  middle  class  welfare  state  Public  Services  austerity  Social  Services  political  economy  European  Union  GFC  recovery  bailout  toobigtofail  too  big  to  jail  TBTF  fairness  populism  propaganda  dogma  Nationalism  protectionism  symptom  European  Election  2014  antisemitism  Antisemitismus  racism  Xenophobia  solidarity  PIGS  sovereign  debt  crisis  Career  Politicians  No  Representation  policy  error  policy  folly  short-term  thinking  short-term  view  political  folly  AfD  NPD  UKIP  Fiscal  Pact  Schuldenbremse  Angela  Merkel  Leadership  vision 
june 2015 by asterisk2a
Greece isn't any old troubled debtor - BBC News
What is very striking - and important - about the agonised talks between Greece and its creditors is that no European leader has tried to bind the feuding sides together with a call to European solidarity, or with any emotive rhetoric about how this great monetary project is all about prosperity and peace for all eurozone citizens. [Career Politicians are are managing the status quo. They are no missionaries.] Nor has any great sense been conveyed that maintaining the wholeness and integrity of the eurozone is a matter of passionate principle. Instead the public and private debate has been couched in the language of national interests, rather than the imperative of keeping the so-called great European project on the road. [...] And some of them would say the creditors are in self-harming denial [not accepting a haircut or lengthy pause of repayment till economy is on a growth track] Or to put it another way, Mrs Merkel and Mr Hollande don't want the backlash from their own citizens.
Grexit  Brexit  European  Union  Leadership  Greece  PIGS  sovereign  debt  crisis  GFC  banking  zombie  banks  Career  Politicians  No  Representation  solidarity  crony  capitalism  Wall  Street  lobbyist  lobby  Lobbying  interest  groups  democracy  Angela  Merkel  Wolfgang  Schäuble  European  Parliament  Protest  Partei  Protest  Party  Principle  austerity  IMF  ChristineLagarde  Troika  economic  history  policy  error  policy  folly  short-term  thinking  short-term  view  bailout  haircut  humanitarian  crisis  human  tragedy  dehumanisation  subhuman  Germany  unintended  consequences  unknown  unkown  default  default  scenario 
june 2015 by asterisk2a
Rt Hon David Blunkett MP | Where Next for Welfare? - YouTube
helping people to cope w change in the labour market, enabling to succeed in a changing labour market. // instead one is exposed to the downward spiral of long-term unemployment, instead of enabling social mobility and income (and personal) growth // throwing away human capital // we inherit what we seed - you reap what you sow // min 24 - getting corporate entities to pay their fair share of tax // min 30 - honest system // psychology of welfare, the right way // min 55 investing in people, personal advisor // tax credit for on the job training/on-boarding of long-term unemployed, dual system (education & job), apprenticeships paying living wage // corporates get subsidies, why does an employee can't get that - helping to compete in this labour market // &! Welfare: When does the State say no? | 18.06.2013 - youtu.be/aBo-1WVu2YE // // &! [Labour] Alan Milburn: Education’s role in promoting social mobility - youtu.be/-sTuE2X99G4 - https://www.gov.uk/government/people/alan-milburn
welfare  welfare  state  social  safety  net  Public  Services  Services  labour  market  labour  economics  vocational  education  education  policy  practical  skills  practical  skill  set  apprenticeships  austerity  hartz-iv  ALG2  Germany  UK  IMF  economic  history  policy  error  short-term  thinking  short-term  view  policy  folly  Career  Politicians  Conservative  Party  microeconomic  policy  macroeconomic  policy  job  creation  job  market  underemployed  long-term  unemployment  long-term  view  long-term  thinking  David  Cameron  economic  damage  income  growth  fear  solidarity  social  cohesion  social  tension  competitiveness  competitive  competition  on  job  training  social  mobility  downward  mobility  income  mobility  human  capital  gesellschaft  stereotype  Gini  coefficient  inequality  2015  child  care  tax  credit  low  income  working  poor  precarious  work  Precariat  Proletariat  self-employment  income  distribution  income  inequality  income  redistribution  Super  Rich  1%  fairness  unrecht  budget  deficit  tax  evasion  tax  avoidance  loopholes  No  Representation  Establishment  Privileged  Toff  continual  education  child  poverty  food  poverty  poverty  moral  beliefs  ethical  beliefs  corporate  culture  corporate  values  paid  maternity  leave  sickness  benefits  paid  paternity  leave  HR  human  resources  Disabled  employability  youth  unemployment  structural  unemployment  tax  code  tax  free  income  living  wage  minimum  wage  society  disposable  income 
may 2015 by asterisk2a
Revealed: hitlist of welfare cuts facing Britain's next chancellor | Politics | The Guardian
No Representation; personal & corporate tax avoidance/evasion (criminal behaviour) & non-dom, as well as progressive tax code (just lowered last term to 45% for 150k.) Instead should be 50% as it was. As well as introducing a 55%/60% for 500k/1m. // &! UK living standards fell for all but the richest under coalition – analysis - bit.ly/1Rc2PZg // &! bit.ly/1JU55Cm "when it comes to cuts there is no longer any “low-hanging fruit”. What’s left are in large part harsh cuts hitting middle-income working families" [...] Cameron spoke this morning of a “one nation” Toryism but he will know his £12bn of cuts will disproportionately hit the poor, young sick and​ disabled. The cuts will deliver more pain, fear and instability to those they affect. [...] seriously dismantling the welfare state [Cameron and Tories] will know this carries a political cost. // &! bit.ly/1PwOhQg bit.ly/1GaA37k bit.ly/1Ij67FZ bit.ly/1FJecDL bit.ly/1IAKanv
austerity  Public  Services  Social  Services  maternity  pay  welfare  state  safety  net  UK  David  Cameron  Conservative  Party  budget  deficit  No  Representation  Gini  coefficient  mobility  income  mobility  squeezed  middle  class  tax  credit  working  poor  low  income  precarious  work  Precariat  Zero  Hour  Contract  contractor  Workers  Union  uncertainty  Proletariat  Toff  Establishment  Privileged  discretionary  spending  disposable  income  income  growth  living  wage  living  standard  standard  of  living  cost  of  living  minimum  wage  underemployed  self-employment  education  policy  vocational  education  working  class  Blue-collar  Worker  White-collar  Worker  knowledge  fiscal  policy  Disabled  poverty  in  old  age  child  poverty  food  poverty  poverty  gesellschaft  cohesion  tension  demagogue  demagogy  fear  opportunist  Opportunism  security  welfare  fairness  recovery  GFC  inequality  income  inequality  capital  gains  middle  class  society  culture  Spin  Doctor  solidarity  child  benefit 
may 2015 by asterisk2a
Der überflüssige Mensch, 12:05: WDR 5
On a Planet of limited resources. Unlimited growth is impossible. Book "Würde des Menschen im Spätkapitalismus."
Book  solidarity  anti-doping  society  philosophy  economic  history  Debt  Super  Cycle  social  science  doping  capitalism  Robert  Skidelsky  Sport  economics  ecology  burnout  ecological  disaster  productivity 
august 2013 by asterisk2a
Sozial ǀ Weder Egoist noch Altruist — der Freitag
Dass jede und jeder das gleiche Recht hat, nach der eigenen Fasson glücklich zu werden – diese Gleichheit ist heute kaum mehr angreifbar. Parallel dazu ist die Gesellschaft zunehmend in Reich und Arm zerrissen. [...] Gleichheit braucht gleiche Rechte, und krasse ökonomische Ungleichheiten untergraben das Gleichheitsgefühl: Dieses Gefühl ist das Entscheidende, schwer zu Beschreibende. Gleichheit steht dann auf stabilem Fundament, wenn man andere als Ähnliche erlebt; wenn alle mit allen „auf Augenhöhe“ leben und für eine „Leichtigkeit des Miteinanders“ stehen. Eine Welt der Gleichen, schreibt Rosanvallon, „ist als eine definiert, in der jeder sich in die Lage der anderen hineinversetzen kann“.
solidarity  society  Politics  sociology  economic  history  philosophy  western  lifestyle  millennials  generationy  socialism  history  equality  psychology  book  western  society  democracy  inequality 
july 2013 by asterisk2a
Gladwell on Income Inequality: We're Off the Rails - YouTube
Best-selling author Malcolm Gladwell discusses America's dramatically changing notions of wealth and income inequality since the mid-20th century. Gladwell notes that top-earning Americans faced a 91% income tax rate during most of the 1950s. "What's amazing is that, if you even bring this up now, people don't believe you," he says.

---

Do the better-off have a moral obligation, and some sense of solidarity, sincerity, ... to pay a little more?
solidarity  culture  society  moral  taxation  USA  malcolmgladwell  economic  history  income  inequality 
april 2012 by asterisk2a
What Would Keynes Say Today? - NYTimes.com
Keynes would certainly agree that current unemployment rates reflect a recession-induced shortfall in the demand for labor. The evidence for this claim has been deftly summarized by Paul Krugman, citing studies by the Economic Policy Institute and the Roosevelt Institute. The competing argument that we are simply experiencing a mismatch between employer needs and labor force skills lacks credibility.

Conservative economists like Robert Barro of Harvard University insist that increased government spending will have little positive effect
[...]
Policy prescriptions cannot be implemented unless they garner sufficient political support.
[...]
In today’s global economy, however, employers have less incentive to collaborate with workers than they once did. Multinational firms can easily relocate to low-wage, low-tax havens. With one click of a mouse, shareholders can move their capital out of the United States into mutual funds invested entirely in emerging markets, including China.
unemployment  keynes  Keynesianism  USA  2010  paulkrugman  politics  policy  presidency  barackobama  globalisation  global  moneymarkets  financial  mutualfunds  stockmarket  solidarity 
october 2010 by asterisk2a
Umfrage: Mehrheit der Manager befürwortet Reichensteuer - SPIEGEL ONLINE - Nachrichten - Wirtschaft
Konkret würden 54 Prozent im Fall von Steuererhöhungen am ehesten die Reichen belasten - entweder über eine Wiedereinführung der Vermögensteuer oder eine Anhebung des Spitzensteuersatzes für höhere Einkommensgruppen.
Diese sogenannte Reichensteuer hatten SPD, Grüne und Linkspartei immer wieder ins Gespräch gebracht, auch einzelne Unionspolitiker befürworten die Idee. Für die schwarz-gelbe Bundesregierung ist dies jedoch kein Thema: Ihr Sparpaket setzt vor allem bei den Sozialleistungen an, Spitzenverdiener werden geschont.
germany  budget  2010  2011  2012  rich  tax  taxation  solidarity  angelamerkel  FDP 
june 2010 by asterisk2a

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