asterisk2a + commoditization + investment   7

Sports Direct is a reflection of the modern British economy | Letters | Business | The Guardian
Sports Direct seems to be a metaphor for the modern British economy. “The conscious strategy would seem to be to rely on cheap labour rather than costly investment,” as your editorial (11 December) says. It also illustrates the epidemic growth of workforce insecurity which plagues a nation scarred by the rise of the precariat. Britain is rapidly becoming the sweatshop of Europe, and this, along with bubbles in consumer debt and house prices, has been a major part in such anaemic recovery as we have seen over the past five years. [...] [ HMRC cut under austerity, can't do it's job ] //&! theguardian.com/business/sports-direct-international //&! bit.ly/1jTkmsi - transferring assets. then bringing in administrators. leaving suppliers empty.
corporate  scandal  Precariat  working  poor  precarious  work  job  security  low  pay  low  income  investigative  journalism  Whistleblower  Amazon  Retail  Online  Shopping  commodity  business  commoditization  crony  capitalism  capitalism  Wall  Street  shareholder  value  profit  maximisation  George  Osborne  industrial  policy  STEM  David  Cameron  Tories  nasty  party  underinvestment  Conservative  competitive  competitiveness  self-regulation  regulation  regulators  Zero  Hour  Contract  Contractor  exploitation  lobbyist  lobby  Lobbying  trickle-down  economics  neoliberalism  neoliberal  microeconomic  policy  macroeconomic  policy  macroprudential  policy  business  investment  productivity  output  gap  austerity  tax  evasion  tax  avoidance  corporate  welfare  white-collar  crime  subsidies  subsidizing  HMRC  Trade  Union  Workers  Union  skills  gap  accounting  scandal 
december 2015 by asterisk2a
Richard Duncan: The Real Risk Of A Coming Multi-Decade Global Depression - YouTube
50 year long debt super cycle & credit bubble up-held. Put. // hasnt created inflation because of Globalisation = deflationary! [3bn ppl living on $2/day] Collapse of marginal cost of labour, offsetting inflation pressure of QE/NIRP/credit creation last decades. // Will eventually haunt people back once globalisation has run its way in ~100-75 years & the world is actually flat. energy cost 0, marginal cost 0, economics of abundance. // // min 23 AND because of this deflationary pressure of globalisation, excess capacity, etc lead to wage stagnation & or pressure to work 4 less (Contractor, Werkvertrag, Zeitarbeit, self-employment, Zero Hour Contract, outsourcing) and longer, in western world. Leads inevitably 2 being pushed into recession & avoiding that authorities always pushed button 4 more credit. Credit growth prevented western world not 2 be pushed into recession in last decades. 2010 Private Sector cant drive recovery! Massive Gov stimulus needed +10 years, not austerity!
debt  bubble  Super  Cycle  Greenspan-Put  Ben  Bernanke  fiat  currency  debt  monetisation  debt  monetization  deflationary  deflation  secular  stagnation  Abenomics  globalization  globalisation  Fed  centralbanks  BIS  economic  history  QE  ZIRP  NIRP  GFC  recovery  western  world  technological  progress  commodity  business  commoditization  economics  of  abundance  marginal  cost  Janet  Yellen  benbernanke  ECB  BOE  BOJ  monetary  policy  Zero  Hour  Contract  neoliberalism  neoliberal  Contractor  Zeitarbeit  Werkvertrag  self-employment  freelancing  freelance  wage  stagnation  wage  growth  disposable  income  discretionary  spending  dot.com  outsourcing  flat  world  credit  bubble  debt  servitude  consumer  debt  student  loan  debt  debtoverhang  sovereign  debt  crisis  student  debt  household  debt  private  debt  fiscal  policy  austerity  Richard  Koo  Mark  Blyth  Joseph  Stiglitz  Robert  Reich  productive  investment  underinvestment  infrastructure  investment  Paul  Krugman  shared  economic  interest  Industrial  Revolution  2.0  Smart  Grid  STEM  education  policy  value  creation  added  value  Manufacturing  3D  printing  energy  price  energy  policy  competitive  competition  competitiveness  competitive  advantage  R&D  Research  Public  Partnership  world  fiscal  d 
september 2015 by asterisk2a
Paul Mason - is capitalism dead? | Guardian Live - YouTube
100 year process, this is the 21st century // when you define the problem you also define the solution, in most cases. from A to B. // capitalism has rent-seeking tendency. DRM and IP/intellectual property is rent-seeking. // --- need book what to do with post-capitalism tools, open source, open data, share economy, shared economic interest, transparency, political reform - voucher system (Larry Lessig). --- // biotech and gene and new age of medicine will replace hardware and proprietary software (already being displaced by open source) //
post-capitalism  crony  capitalism  monopoly  monopsony  Silicon  Valley  Wall  Street  Paul  Mason  rent-seeking  intellectual  property  Page  Rank  Google  Search  copyright  IP  intellectualproperty  DRM  Kindle  Amazon  Microsoft  Open  Source  Open  Data  civic  good  Public  civic  society  Share  Economy  proprietary  software  Karl  Marx  economic  history  shared  economic  interest  profit  maximisation  shareholder  value  buyback  underinvestment  productive  investment  climate  change  interest  groups  vested  interest  interestgroups  fiduciary  responsibility  long-term  view  long-term  thinking  faultlines  lobbyist  lobby  Lobbying  Career  Politicians  social  contract  No  Representation  neoliberalism  neoliberal  exploitation  Gini  coefficient  Future  of  Work  Mobile  Creatives  knowledge  knowledge  worker  3D  printing  marginal  cost  economics  of  abundance  renewable  energy  commodity  business  commoditization  book  meritocracy  meritocratic  Gesellschaft  Zivilgesellschaft  Wegwerfgesellschaft  zombie  consumer  finite  resources  status  anxiety  identity  society  philosophy  sociology  social  cohesion  social  tension  inequality  income  mobility  social  mobility  4-day  week  leisure  tim 
august 2015 by asterisk2a
El-Erian: This Is Not 1998 or 2008 - YouTube
it is a repricing. a correction. prices got too far away (reflation of equity & co through ZIRP, NIRP, QE, speeches, plus hunt for yield & FOMO). It just happened to be China being the trigger, the wake-up call - very loud wake-up call - bc of its economic size and heft. (taper talks 2015 that made equity already nervous, and bond holders too, was too timid). Reality check. // Was it justified, yes. // In the long-run, we are all dead. And in the long-run things will, eventually, correct itself. // People may take now into account a new normal, lower interest rate environment, lower global growth, lower yields, lower inflationary pressures, lower dividend payments, more work that corporates (crony capitalism) need to do to squeeze out that earnings growth especially in the western world. inequality - low wage growth/stagnation - less discretionary spending on non-essential items (in the western world). & "realization that policy tools were less effective". &! bv.ms/1NFsFUn
reflate  reflation  hunt  for  yield  ZIRP  NIRP  QE  asset  allocation  equity  bubble  speculative  bubbles  speculative  speculation  secular  stagnation  New  Normal  asset  bubble  bubble  bond  bubble  bubbles  distortion  economic  history  trickle-down  economics  recovery  UK  USA  Europe  dogma  ideology  austerity  fiscal  policy  fiscal  stimulus  Richard  Koo  Japan  lost  decade  lost  generation  balance  sheet  recession  deleveraging  savings  rate  debtoverhang  debt  servitude  sovereign  debt  crisis  faultlines  Structural  Impediments  participation  rate  unemployment  imbalance  Makers  policy  error  policy  folly  macroprudential  policy  microeconomic  policy  monetary  policy  monetary  theory  unconventional  monetary  policy  monetary  transmission  mechanism  monetary  system  STEM  industrial  policy  Manufacturing  competitiveness  globalisation  globalization  flat  world  commodity  business  commoditization  borderless  deflationary  deflation  Software  Is  Eating  The  Marketplace  mobile  homescreen  mobile  phone  mobile  first  Smartphone  Revolution  2.0  energy  price  Oil  price  inflation  expectation  wage  stagnation  wage  growth  productivity  output  gap  underinvestment  Gini  coefficient  inequality  income  mobility  social  mobility  productive  investment  IMF  OECD  developed  world  emerging  emerging  growth  investment  midd 
august 2015 by asterisk2a
China's currency devaluation could spark 'tidal wave of deflation' | Business | The Guardian
[3rd day in a row Yuan/RMB is devalued by PBOC (13/08/15)] “We’re all going to feel it: we’ll feel it through commodities; we’ll feel it through manufactured goods exports, not just from China but from everywhere that has to compete with it; and we’ll feel it through wages.” [...] China could be willing to let the yuan depreciate by as much as 25% over the next five years – “stone by stone, step by step” – in an attempt to restore the export-led growth that was such a winning formula [...] China [may be] trying to protect itself against the period of financial instability [following Taper by western central banks Fed/BOE] [or counter $ recent rise 21% & peg against $] [or fight home grown recession with kitchen sink] // &! bloom.bg/1gC8FFe &! bloom.bg/1WkMfZZ &! bloom.bg/1hy7O9l &! bloom.bg/1NpE4FI &! bv.ms/1IKB3fX // what is the new normal 4 growth in this global economy, competitive = keeping prices low = inflation & low interest rate pressure.
yuan  RMB  PBOC  China  devaluation  deflationary  deflation  UK  USA  Europe  Exportweltmeister  competition  competitive  competitiveness  Lohnzurückhaltung  lohndumping  secular  stagnation  western  world  globalisation  globalization  commodities  commodity  business  commoditization  Germany  Asia  Latin  America  borderless  flat  world  wage  growth  wage  stagnation  inflation  expectation  inflation  targeting  wage  pressure  productivity  output  gap  recovery  GFC  economic  history  New  Normal  hunt  for  yield  Great  Moderation  fiscal  policy  monetary  policy  QE  ZIRP  NIRP  Taper  unintended  consequences  unknown  unkown  complexity  Industrial  Revolution  2.0  IMF  SDR  currency  war  disinflation  inflation  wage  inflation  Japan  Australia  Oil  price  energy  price  Developing  Frontier  Markets  Forex  USD  British  Pound  Euro  Yen  BOJ  BOE  Fed  ECB  Bank  of  Canada  asset  bubble  macroprudential  policy  asset  allocation  productive  investment  underinvestment  business  investment  2015 
august 2015 by asterisk2a
Uber’s drivers are employees, not “contractors”: California labor commission ruling | PandoDaily
[ Uber is not a stakeholder in the local economy and does not share economic interest of the population at large. Uber = privatization of public/private transportation. an option for convenience. trading money for time and convenience ] Uber’s business model—skim profits off drivers, while avoiding the expenses that come with hiring drivers as employees—just suffered a major blow: the California labor commission has just ruled that Uber’s drivers are, in fact, employees, not contractors. Uber, which has seen its valuation soar to over $50 billion, can no longer claim that it is just a nifty little app that happens to pair up micro-entrepreneurial drivers and consumers, thereby avoiding the expenses and laws that other transportation and logistics companies have to bear. The ruling will significantly impact Uber’s valuation, now that they’ll have to pay and treat their drivers like employees.
Uber  1099  Economy  marketplace  efficiencies  marketplace  self-employment  precarious  work  Precariat  working  poor  Wall  Street  profit  maximisation  shareholder  value  crony  capitalism  exploitation  commodity  business  commoditization  public  transportation  transportation  public  utility  utility  infrastructure  infrastructure  investment  Software  Is  Eating  The  World  autonomous  car  self-driving  cars 
june 2015 by asterisk2a
Desertec: Wüstenstrom-Projekt DII für Erneuerbare Energie vor dem Aus - SPIEGEL ONLINE
.... Europe has to step in. Capitalism sees no need to put that money now in long-term when profit margin sinks over the long-term as energy prices may sink over the long-term because energy (renewable energy) becomes commodity ... cheaper. with marginal revenue/profit. thus making it impossible to turn 15-20% ROI over the long-term. This became untenable for investors as they explored the project.
Desertec  infrastructure  investment  renewable  energy  business  investment  ZIRP  short-term  thinking  short-term  view  Wall  Street  profit  maximisation  corporatism  Europe  crony  capitalism  capitalism  commoditization  commodity  business  ROI  social  cohesion  Public  Policy  utility  shareholder  value  shareholder  democracy  Democratic  Process  Policy  Makers  error  folly 
october 2014 by asterisk2a

related tags

2.0  3D  4-day  Abenomics  abundance  accounting  added  advantage  Africa  allocation  Amazon  America  anxiety  Asia  asset  austerity  Australia  autonomous  avoidance  bailout  balance  bank  Ben  benbernanke  Bernanke  BIS  Blyth  BOE  BOJ  bond  book  borderless  BRIC  British  bubble  bubbles  business  buyback  Cameron  Canada  capitalism  car  Career  cars  centralbanks  change  China  civic  class  climate  coefficient  cohesion  commodities  commoditization  commodity  competition  competitive  competitiveness  complexity  consequences  Conservative  consumer  consumption  contract  Contractor  copyright  corporate  corporatism  cost  creation  Creatives  credit  crime  crisis  crony  currency  Cycle  Data  David  debt  debtoverhang  decade  deflation  deflationary  deleveraging  democracy  Democratic  depletion  Desertec  devaluation  developed  Developing  digital  discretionary  disinflation  disposable  distortion  dogma  dot.com  DRM  Eating  ECB  economic  economics  Economy  education  efficiencies  emerging  energy  equity  error  Euro  Europe  evasion  expectation  exploitation  Exportweltmeister  faultlines  Fed  fiat  fiduciary  finite  first  fiscal  flat  folly  FOMO  for  Forex  freelance  freelancing  Frontier  Future  G8  gap  generation  George  Germany  Gesellschaft  GFC  Gini  globalisation  globalization  good  Google  Great  Greenspan-Put  Grid  groups  growth  history  HMRC  homescreen  Hour  household  human  humanity  hunt  identity  ideology  imbalance  IMF  Impediments  income  industrial  inequality  inflation  infrastructure  intellectual  intellectualproperty  interest  interestgroups  investigative  investment  IP  Is  Janet  Japan  job  Joseph  journalism  Karl  Kindle  knowledge  Koo  Krugman  Latin  leisure  loan  lobby  Lobbying  lobbyist  lohndumping  Lohnzurückhaltung  long-term  lost  low  macroeconomic  macroprudential  Makers  Manufacturing  marginal  Mark  market  marketplace  Markets  Marx  Maslow  Mason  maximisation  mechanism  meritocracy  meritocratic  microeconomic  Microsoft  middle  mobile  mobility  Moderation  monetary  monetisation  monetization  monopoly  monopsony  nasty  neoliberal  neoliberalism  New  NIRP  No  Normal  OECD  of  Oil  Online  Open  Osborne  output  outsourcing  Page  participation  Partnership  party  Paul  pay  PBOC  philosophy  phone  policy  Politicians  poor  post-capitalism  Pound  Precariat  precarious  pressure  price  printing  private  Process  productive  productivity  profit  progress  property  proprietary  public  QE  R&D  Rank  rate  recession  recovery  reflate  reflation  regulation  regulators  Reich  renewable  rent-seeking  Representation  Research  resource  resources  responsibility  Retail  Revolution  Richard  RMB  Robert  ROI  round  savings  scandal  SDR  Search  secular  security  self-actualization  self-awareness  self-driving  self-employment  self-regulation  servitude  Share  shared  shareholder  sheet  Shopping  short-term  Silicon  skills  Smart  Smartphone  social  socialism  society  sociology  software  Source  sovereign  speculation  speculative  spending  stagnation  status  STEM  Stiglitz  stimulus  Street  Structural  student  subsidies  subsidizing  Super  sustainability  sustainable  system  Taper  targeting  tax  technological  tension  The  theory  thinking  time  Tories  Trade  transmission  transportation  trickle-down  Uber  UK  unconventional  underinvestment  unemployment  unintended  Union  unknown  unkown  USA  USD  utility  Valley  value  vested  view  wage  Wall  war  week  Wegwerfgesellschaft  welfare  Werkvertrag  western  Whistleblower  white-collar  work  worker  Workers  working  world  Yellen  Yen  yield  yuan  Zeitarbeit  Zero  ZIRP  Zivilgesellschaft  zombie 

Copy this bookmark:



description:


tags: