asterisk2a + consumption   52

(4387) How the opioid crisis decimated the American workforce - YouTube
direct link between out of work (injury) and opioid addiction and dropping out of workforce. // &! https://www.youtube.com/watch?v=iKXWelf-ZvA - Neuroscientist Dr. Carl Hart: People Are Dying in Opioid Crisis Because of Politicians’ Ignorance - needle exchange and free drug purity checks is a step to reducing overdose deaths and first foot in door for rehab (liberal) //&! https://www.youtube.com/watch?v=nNj89ohoYQ0 - American Epidemic: The Nation's Struggle With Opioid Addiction WSJ &! https://www.youtube.com/watch?v=jfe8pol6OG4 - The Opioid Effect: An Ohio Family Rebuilds After Addiction VICE //&! AMERICA ADDICTED - https://www.youtube.com/watch?v=w67IDMY2tn8 - A community overwhelmed by opioids &! https://www.youtube.com/watch?v=EGITecuBEHQ - Who Profits from the Opioid Crisis? Meet the Secretive Sackler Family Making Billions from OxyContin - watering down regulation and oversight. &! https://www.youtube.com/watch?v=KPk6VinYG-k - How Big Pharma & Cartels Got America Addicted to Heroin with Jason Smith &! https://www.youtube.com/watch?v=EnviuDOvhlg - US Addiction Epidemic Fuelled By Pharma Corporations (2015) "pill mill" &! https://www.youtube.com/watch?v=rmJEY1CTgKg - Why Portsmouth, Ohio Became The Epicentre of America's Opioid Crisis &! https://www.youtube.com/watch?v=Lof9_iPAWAY - Opioid Crisis in Maine &! https://www.youtube.com/watch?v=mQtCTxO2hTM - Narcan On The Rise &! https://www.youtube.com/watch?v=tNWU6XSjb-c - Heroin's Children: Inside the US opioid crisis - Fault Lines
addiction  coping  chronic  stress  abuse  opioid  dopamine  crisis  epidemic  narcotics  war  on  drugs  USA  painkillers  economic  damage  workforce  Precariat  working  poor  structural  unemployment  food  S.A.D.  western  diet  lifestyle  insecurity  trap  poverty  inequality  American  Dream  secular  stagnation  wage  income  growth  Productivity  output  gap  GFC  history  Super  Rich  1%  trickle-down  Sociology  socioeconomic  Society  Gesellschaft  Xanax  fentanyl  alcohol  heroin  overdose  Consumerism  mental  health  well-being  wellbeing  Capitalism  Consumer  Selbstdarstellung  consumption  Austerity  welfare  state  neoliberalism  OxyContin  lobby  pharma  pharmaceutical  BigPharma  revolving  door  vested  interest  Regulation  regulators  self-regulation  substance 
november 2017 by asterisk2a
Russell Brand: Society is collapsing - BBC News
"Society is collapsing," the comedian tells the BBC, "and people are starting to recognise that the reason they feel like they're mentally ill is that they're living in a system that's not designed to suit the human spirit.
Anarchism  Russell  Brand  mental  health  self-medication  coping  mechanism  maladaptive  chronic  stress  loneliness  social  isolation  Facebook  Selbstdarstellung  Selbstwertgefühl  addiction  book  neoliberal  capitalism  Exploitation  Consumer  Consumerism  consumption  Precariat  Generation  Rent  working  poor  poverty  trap  Materialism  inequality  mobility  income  meritocracy  meritocratic  Competition 
october 2017 by asterisk2a
In our focus on the digital, have we lost our sense of what being human means? | Genevieve Bell | Opinion | The Guardian
MAKE OUR OWN FUTURE - And of course, there are bigger questions about the role of technology more broadly. In making the machines smarter, we have sacrificed a little something of ourselves – we run the risk of being reduced to data and the decisions it drives. I believe we are more than data, more than just intelligence. I worry that, in our current focus on the digital, we have lost some of our agency and some of our sense of what being human might mean. But I don’t believe this is inevitable or irreversible.
Anarchism  humanity  social  media  Facebook  Data  Big  currency  AI  artificial  intelligence  augmented  Utopia  neoliberalism  democracy  Silicon  Valley  UBI  Universal  Basic  Income  Consumerism  Consumer  Materialism  Capitalism  consumption  Gesellschaft  Wertegesellschaft  Society  Soziologie  Psychology  Transhumanism  algorithm  inequality 
october 2017 by asterisk2a
The ten graphs which show how Britain became a wholly owned subsidiary of the City of London (and what we can do about it) – New thinking for the British economy
[ uk banks overinvested enabled by political policy into houses and high streets. underinvested in productive capital like R&D companies in general etc ] >> But it doesn’t increase the productive capacity of the economy one iota: a more expensive house doesn’t produce more intelligent children, and a higher share price doesn’t boost a company’s productivity (though it can indirectly boost its capacity to raise funds for investment). [...] Debt-financed asset purchases are thus fundamentally a Ponzi activity: // not just tight housing supply is increasing prices, but also easy credit/debt/mortgage market! // [...] ultimately, there is a limit to just how much debt individuals and corporations can take on – even with low interest rates
UK  ZIRP  NIRP  QE  housing  market  mortgage  household  consumer  debt  disposable  income  servitude  GFC  recovery  wage  growth  Ponzi  asset  capital  Kapital  BOE  credit  card  affordable  social  servicing  default  rate  insolvency  speculation  unintended  consequences  economic  history  consumption  secular  stagnation  Brexit  policy  fiscal  monetary  Mark  Carney  underinvestment  productivity  R&D  Career  Politicians  Margaret  Thatcher 
may 2017 by asterisk2a
Germany bans meat from official functions
[ introduce animal products consumption tax and put it into NHS & public health ] Germany bans meat from official functions
The government says it’s for environmental reasons, but critics are complaining of violation of personal freedom.
Sugar  Tax  Meat  sick  population  public  health  CVD  Cancer  Diabetes  Vegan  Whole-Food  Plant-Based  UK  Germany  consumption  Tobacco  Alcohol  prevention  self-medication  coping  mechanism  NHS  care  demand  premature  ageing  death 
february 2017 by asterisk2a
How Narcissists Took Over the World - YouTube
intolerant of others and other thinking. increases entitlement feeling and lowers respect for others. // mobile homescreen is feeding. same w social media. // thus CONCLUSION! POLITICAL COLLECTIVISM WILL HAVE IT AS HARD AS NEVER BEFORE! Generation Me to forgoe self interest in crony capitalism society.
DonaldTrump  Donald  Trump  Selbstdarstellung  Selfie  Social  Media  Newsfeed  Facebook  Psychology  Sociology  Narcissist  Narcissism  Twitter  Instagram  filterbubble  filter  bubble  childhood  parenting  parenthood  development  Wertegesellschaft  Gesellschaft  Zivilcourage  Zivilgesellschaft  Society  soziologie  neoliberal  neoliberalism  crony  capitalism  collectivism  activism  selfish  self-awareness  self-regulation  Self-Employment  individualism  consumerism  consumerist  consumption  Brand  status  anxiety  Politics  Career  Politicians 
november 2016 by asterisk2a
"I love making videos more than anything. When you're churning out sheer quantity there's no time to dwell. You just post." @CaseyNeistat
because YT algo demands it to elevate you // "I take it very seriously, I don't mess around. I love every second and my typical edits take 3-6 hours in post production." //&! "I have friends who do daily vlogs that shoot and edit directly from their cell phones. That's amazing!" //&! "I created @bemeapp because I wanted a platform to share video without self-consciousness. It's a way to share honestly." //&! "My office is a sanctuary. It's organized chaos that makes it functional. I'm more productive in my studio than anywhere else" //&! //>> Hollywood and other regular players, off the internet, is no place to take risks.
Casey  Neistat  YouTube  content  discovery  content  distribution  Piracy  bootleg  content  consumption  content  economy  content  creator  content  strategy  Vlog  Vlogging  Entertainment  storytelling  Selbstdarstellung  Selfie  Beme  Farm  creator  creative  constraint  creative  content  creative  craft  creative  destruction  creative  expression  creative  resistance  creative  surplus  Social  Media  Clickbait  Linkbait  Reality  TV  television  Selbstfürsorge  mobile  homescreen  Entertainment  Industry  Escapeism  Escapism  original  content  original  programming  Netflix  Amazon  Prime  Hollywood  HBO  ZDFneo  BBC3  iPlayer  geo  blocking 
april 2016 by asterisk2a
THE DIRTY LITTLE SECRET | DailyVee 029
3:40 - youtube.com/watch?v=in28p1aycts - "attention is the asset" // >> see mariemeimberg [ YouTube - Daily Vlogs sind asozial # DAILY VLOG FEEDBACK No2 # Youtube-Formate-Test ] Daily vlogging ist asozial! & even Casey Neistat's feel repetitive if they are not a ONE OFF CREATION via added value, life insight, lessons learned, personal note, very individual only could do ... creating and adding value for the viewer to their life's. No Time Waster's "Can I have my 10 minutes back, please?" //&! min 5:30 - YouTube land Germany is responding to what Germany YouTube wants; see BeHaind's YouTube Deutschland eine BeSCHANDSaufnahme. ... you have to do what your customers want and do ... youtu.be/VoXwDn8VlSQ - or be yourself the creative and do what you want and fewer want and do and not get the 1 million subs. and still make ~100k a year but not the million. + Patience! ... we live in world of instant gratification, tricking you. [...] how u make ur money is more important than how much!
Vlog  Vlogging  YouTube  added  value  value  creation  Proposition  value  add  content  consumption  content  economy  competitive  competitive  advantage  attention  arbitrage  attention  graph  attention  span  mobile  homescreen  Escapeism  Gaming  Entertainment  Procrastinating  Casey  Neistat  Gary  Vaynerchuk  content  discovery  content  distribution  Social  Media  content  creator  Entrepreneurship  success 
april 2016 by asterisk2a
Nasty Gal Layoffs Hit 10 Percent of Staff | Re/code
Online fashion retailer Nasty Gal has laid off 10 percent of its staff, as the purveyor of edgy women’s clothing cuts costs amid an uncertain financing and retail environment. CEO Sheree Waterson told the company in an email that the cuts were necessary as the “market in which we operate is changing, both in retail broadly and apparel specifically.” Nineteen employees across several departments were let go. Nasty Gal also laid off some staff in 2014. The layoffs underscore the difficulty mature e-commerce startups can encounter as they transition from being a hot new brand to the long slog of building a more traditional retail business. In short, building a retail brand is really hard and technology can only afford you so many shortcuts along the way. Online beauty brand BirchBox announced layoffs of 15 percent of its staff last week, as startups in e-commerce tighten belts as investors become more wary of unprofitable growth.
Nasty  Gal  Branding  Brand  e-commerce  Retail  pure  play  Amazon  brick  and  mortar  business  squeezed  middle  class  discretionary  spending  disposable  income  USA  consumption  consumer  debt  household  debt  credit  card  debt  car  loan  student  loan  debt  student  loan  Bubble  low  pay  low  income  Precariat  precarious  work  eBay  zombie  consumer  Primark  status  symbol  status  anxiety  consumerist  consumerism  secular  stagnation  debt  servitude  retirement  pension  scheme  401k  fiscal  policy  austerity  monetary  policy  reflate  reflation  economic  history  recovery  job  creation  Service  Sector  Jobs  emerging  middle  class  western  world  credit  BRIC  emerging  market  Frontier  Markets 
february 2016 by asterisk2a
Cornel West and Richard Wolff talk about Capitalism and White Supremacy - YouTube
individualism tends to capitalism (each their own coloured widget) vs individuality of the individual. don't mistake the one for the other and you can't achieve the same happiness and well-being with just individualism because it is also based on constant consumption. // what people leave out of socialism and the pundits decry over it. is democracy. democratic socialism. // Plutocracy is undercutting its ability to survive! Problem, the system will take us down with it. // We got ecological catastrophe on our doorstep. Nuclear catastrophe. And Capitalisms catastrophe. //&! Ceased all power and rendered the citizen powerless. This is no capitalistic democracy. This is crony capitalism. - Chris Hedges June 8, 2015 - youtu.be/iA41ggsdeXE - capitalism has no internal constraints. remove external constraints & it will see & use everything (private free market enterprise) as replaceable & commodity w a price (even the planet): the environment, workers health. &! non-violent revolution!
Richard  Wolff  Cornel  West  democracy  capitalism  individuality  Workers  Union  Trade  Union  crony  capitalism  exploitation  individualism  economic  history  well  being  zombie  consumer  aspirational  product  consumerist  consumerism  wage  slave  debt  servitude  Marxism  Karl  Marx  book  consumption  free  market  socialism  Career  Politicians  No  Representation  Super  Rich  1%  lobbyist  lobby  Lobbying  post-racial  America  Gini  coefficient  inequality  USA  UK  dogma  ideology  trickle-down  economics  working  poor  precarious  work  Precariat  meritocracy  meritocratic  interest  groups  vested  interest  social  tension  social  cohesion  plutocracy  Elite  oligarchy  ecological  disaster  environmental  disaster  economic  damage  global  warming  climate  change  mass  extinction  extreme  weather  weather  extreme  White  Supremacy  Religion  extremism  radicalism  activists  activism  tax  evasion  tax  avoidance  TTIP  TPP  NAFTA  CETA  TISA  GFC  bank  bailout  fairness  corporate  welfare  austerity  revolving  door  Surveillance-Industrial  Complex  military–industrial  prison–industrial  medical-industrial  CAFTA  accountability  oversight  transparency  corporate  corporate  corporate  corporate  corporate  corporate  corporate  social  s 
october 2015 by asterisk2a
Huge pension shortfall facing UK's young adults | Money | The Guardian
[ has to put away 10% of disposable income/earnings ?pre-tax?, put it in equities, and open the envelope only after 60-70 years. ] The average 35-year-old has to save £660,000 into a pension plan if they have any hope of matching the standard of living enjoyed by today’s pensioners – but have so far managed to put aside just £14,000.
retirement  savings  savings  rate  savings  glut  disposable  income  discretionary  spending  pension  pension  scheme  squeezed  middle  class  wage  stagnation  wage  growth  income  growth  income  gap  income  distribution  income  inequality  low  income  Sozialer  Abstieg  working  poor  Precariat  precarious  work  financial  literacy  zombie  consumer  consumerism  consumerist  materialism  status  anxiety  babyboomers  generationy  Millennials  status  symbol  consumption  consumer  debt  household  debt  private  debt  student  loan  debt  Bubble  stagnation  secular  stagnation  competitive  competition  competitiveness  globalization  globalisation  flat  world  borderless 
september 2015 by asterisk2a
Richard Duncan: The Real Risk Of A Coming Multi-Decade Global Depression - YouTube
50 year long debt super cycle & credit bubble up-held. Put. // hasnt created inflation because of Globalisation = deflationary! [3bn ppl living on $2/day] Collapse of marginal cost of labour, offsetting inflation pressure of QE/NIRP/credit creation last decades. // Will eventually haunt people back once globalisation has run its way in ~100-75 years & the world is actually flat. energy cost 0, marginal cost 0, economics of abundance. // // min 23 AND because of this deflationary pressure of globalisation, excess capacity, etc lead to wage stagnation & or pressure to work 4 less (Contractor, Werkvertrag, Zeitarbeit, self-employment, Zero Hour Contract, outsourcing) and longer, in western world. Leads inevitably 2 being pushed into recession & avoiding that authorities always pushed button 4 more credit. Credit growth prevented western world not 2 be pushed into recession in last decades. 2010 Private Sector cant drive recovery! Massive Gov stimulus needed +10 years, not austerity!
debt  bubble  Super  Cycle  Greenspan-Put  Ben  Bernanke  fiat  currency  debt  monetisation  debt  monetization  deflationary  deflation  secular  stagnation  Abenomics  globalization  globalisation  Fed  centralbanks  BIS  economic  history  QE  ZIRP  NIRP  GFC  recovery  western  world  technological  progress  commodity  business  commoditization  economics  of  abundance  marginal  cost  Janet  Yellen  benbernanke  ECB  BOE  BOJ  monetary  policy  Zero  Hour  Contract  neoliberalism  neoliberal  Contractor  Zeitarbeit  Werkvertrag  self-employment  freelancing  freelance  wage  stagnation  wage  growth  disposable  income  discretionary  spending  dot.com  outsourcing  flat  world  credit  bubble  debt  servitude  consumer  debt  student  loan  debt  debtoverhang  sovereign  debt  crisis  student  debt  household  debt  private  debt  fiscal  policy  austerity  Richard  Koo  Mark  Blyth  Joseph  Stiglitz  Robert  Reich  productive  investment  underinvestment  infrastructure  investment  Paul  Krugman  shared  economic  interest  Industrial  Revolution  2.0  Smart  Grid  STEM  education  policy  value  creation  added  value  Manufacturing  3D  printing  energy  price  energy  policy  competitive  competition  competitiveness  competitive  advantage  R&D  Research  Public  Partnership  world  fiscal  d 
september 2015 by asterisk2a
Why has Apple broken its vow of silence? - BBC News
re-pricing // would Steve Jobs have done thing?! Not back then. But this time is different. This time, Apples future growth is in China, India, emerging market, emerging middle class of the developing world with western aspirations - consumption (type patter, meat and fancy electronics with a recognisable brand behind it (so ppl can put you into the category of 'made it' - status anxiety)., not in the western world with new products. And I think he took this as an opportunity to transmit that and his confidence into the future for apple - through those lines, 'sent to a worrying investor.' Apple is one of the richest, most valuable things America got. America (Apple) has confidence into the future to sell to the emerging middle class. As much as warren buffet believes in the industrial future strength, re-emergence, to make products affordable/competitively through cheap energy that USA has access now. // &! bit.ly/1JjFsXx talking abt Apples exposure 2 China & Co. Reliant on.
Apple  Tim  Cook  Wall  Street  Jim  Cramer  China  fiduciary  responsibility  SEC  insidertrading  insider-trading  emerging  middle  class  emerging  market  Developing  World  western  developed  Frontier  Markets  global  economy  global  trade  2015  warrenbuffet  aspirational  product  consumer  product  consumerism  materialism  status  anxiety  status  symbol  socioeconomic  status  social  status  consumerist  consumer  consumption  squeezed  middle  class  secular  stagnation  UK  USA  Europe  long-term  view  long-term  thinking 
august 2015 by asterisk2a
Pando: “Video is an unfair advantage you either join or lose” [SPONSORED]
your Newsfeed in Facebook became 50% video over night, and those videos started to autoplay, grabbing all of your attention. I think the change was dramatic, and it changed social media from being this static journal to something where everything is moving all the time. [...] Video is not even remotely close to photos when it comes to complication, but it’s also 1000 times more powerful. [...] Just to give you an example, consider, autoplay video. It has different requirements. It needs to capture your attention very fast. When we design for autoplay video, how do we create the first few seconds to capture your attention? [ GaryV does edit his videos between YT and FB differently! ] [...] We expect the market will penalize someone who is not prioritizing video. [...] Photos and text are just becoming more and more invisible. // Snacking, Entertainment, Escapeism, - or - Utility (here is a 20% coupon)
Newsfeed  Facebook  Video  Meerkat  Periscope  YouTube  Vine  Instagram  storytelling  user  behaviour  consumption  consumer  consumerist  consumerism  snacking  Entertainment  Escapeism  native  content  native  advertising  branded  content  The  Wars  attention  span  user  generated  content  user  experience  user  churn  mobile  first  mobile  homescreen  mobile  phone  user  engagement  engagement  customer  experience  customer  retention  customer  acquisition  marketing  brand  awareness  advertisement  advertising 
august 2015 by asterisk2a
UK economic growth figures to ignite interest rate debate | Business | The Guardian
Recent business surveys have suggested household spending remains the main engine of growth despite the government’s long-standing vow to rebalance the economy towards more manufacturing and exports. [...] “Services output should do most of the legwork,” said Hare. “The GDP print is likely to point to a two speed economy, with services buoyed by solid domestic demand, while manufacturers suffer from the strong pound.” [...] Economists are divided over the extent to which households can continue to power the recovery, especially with another round of government cuts on the way. [...] “Consumers in the UK are feeling ever more confident. Wage inflation is starting to outstrip price inflation for the first time in years, while mortgage rates are at historically low levels and unemployment has generally been falling,” said Nielsen’s UK & Ireland managing director, Steve Smith.
recovery  UK  Taper  2015  economy  zombie  consumer  consumer  confidence  consumer  debt  household  debt  credit  card  debtoverhang  private  debt  budget2015  austerity  consumption  job  creation  job  market  Niedriglohnsektor  Niedriglohn  Service  Sector  Jobs  fiscal  policy  macroprudential  policy  microeconomic  policy  macroeconomic  policy  monetary  policy 
july 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
Macroeconomics Causes of Inequality - YouTube
"consumption drives much of the economy" // free up disposable income >> free child care, health care, limit exploitation of financial illiterate people (% interest on pay day loans, overdraft charges, dispo), public services, social services, pension contribution by state (preventing poverty at old age), tax credits for low income and children and carers, free education and vocational education/continual education - enabling to move up the ladder, // min11 - secular stagnation post GFC compared to previous recessions in terms of real household demand (balance sheet recession, debt overhang, deleveraging (debt repayment), and lack of new issuance of consumer credit I guess, too + rising income equality! lower redistribution from top to bottom (fair taxation) reduces recycling of income (freed up by policy items above) into demand. // min 18 - top 5% society (luxury, vanity, status) takes over bottom 80% society in aggregate terms of consumption. Economy driven by WHOM?! Affluent!
income  inequality  inequality  social  mobility  income  mobility  vocational  education  education  policy  Gini  coefficient  Makers  squeezed  middle  class  middle  class  working  poor  precarious  work  Precariat  savings  Proletariat  economic  model  trickle-down  economics  macroeconomic  policy  economic  growth  Super  Rich  1%  tax  free  income  Universal  Basic  tax  credit  tax  code  tax  avoidance  tax  evasion  consumption  consumerist  consumer  credit  creation  budget  deficit  exploitation  shareholder  value  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  lohndumping  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  productivity  Werkvertrag  disposable  income  discretionary  spending  contractor  outsourcing  fairness  unrecht  bailout  Career  Politicians  gender  pay  gap  policy  folly  policy  error  Soziale  Marktwirtschaft  working  class  Blue-collar  Worker  White-collar  Worker  knowledge  GFC  debtoverhang  balance  sheet  recession  liquidity  trap  deleveraging  secular  stagnation  austerity  UK  USA  economic  history  recovery  fiscal  policy  fiscal  stimulus  Schuldenbremse  Pact  Western  World  Europe  deflationary  consumer  debt  consumer  confidence  dot.com  Privileged  Establishment  convenience  on-demand  innovation  Silicon  Valley  wealth  distribution  income  distribution  income  growth  income  gap  redistrib 
may 2015 by asterisk2a
Snapchat Murders Facebook - YouTube
'nobody has figured out a video on phone/mobile' / Snapchat / Snapchat Stories (user generated content) / Discover (content from multimedia companies/newspapers)
storytelling  Snapchat  Vine  Twitter  Facebook  Video  YouTube  Instagram  trends  trend  Celebrity  of  You  Selbstdarstellung  narcissism  social  status  status  anxiety  status  symbol  socioeconomic  status  culture  Gossip  culture  gaffen  Gawker  Tabloid  Millennials  Silicon  Alley  ugc  user  generated  content  content  discovery  consumption  user  behaviour  mobile  first  mobile  homescreen  mobile  phone  attention  span  snacking  Entertainment  user  hack  Signal  vs.  Noise  filter  bubble  crowd  long-tail 
february 2015 by asterisk2a
Megatrend Teilen – wenn die Privatsphäre verschachert wird, Kulturplatz 11.02.2015 - YouTube
Sharing = Renting (splitting up cost for X) &! the trend for lifestyle and experiences instead of pure consumption as consumerist. Still, there is differentiation - see Uber and Lyft.
Share  Economy  Social  Economy  consumption  Co-Op  Collaborative  collaboration  consumerism  consumerist  generationy  Millennials  user  experience  product  experience  offline  experience  shared  experience  capitalism  cohesion  trend  trends  western  lifestyle  status  anxiety  status  symbol  socioeconomic  status  status 
february 2015 by asterisk2a
Doku Die Marketing Könige [Dokumentatin Deutsch 2014] - YouTube
Neopets, Zynga Farm game, Tamagotchi, << game design. +++ habit forming product design, ... +>> then comes the native advertisement because of increased attention span of the user, because marketers like that, in a throwaway world with zero attention span. min 27 -- habit forming product -- user goes back to do something, check of something, get rewards, ... Belohnungssystem (dopamin). << Gamification >> The House always wins. // pinterest; wardrobemalfunction >> vertical, focus, physical, social, advice, recommendation engine, search/find engine, improvement and quantifiable ... // behavioural finance/economic study showed we spend up to 100% more when we use/consider the option to pay with credit card. and decisions are quicker. there is a different feeling of loss of money when you pay cash out of your pocket. the actual physical immediate loss. credit cards allows to live in the now, not to defer pleasure or having to earn it or feel loss by paying cash. adults are infantilized.
marketing  Retail  e-commerce  advertisement  advertising  Consumerism  consumption  consumer  choice  Protection  consumerist  consumer  debt  zombie  consumer  consumer  status  symbol  socioeconomic  status  social  status  status  anxiety  branding  Brand  brands  childhood  Start-Up  lesson  Start-Up  advice  shareship  wardrobemalfunction  feelz  Gamification 
january 2015 by asterisk2a
Binge Media Culture Finds a Receptive Audience in Americans - NYTimes.com
“With the things that get us to really crave the news, the tenor of the story tends to have a negative impact on the way we see the world more generally,” he said, referring to the controversial and scandalous subjects that draw in chronic readers and viewers. “We become more cynical.” Does he regard his own bingeing on these topics as escapist? + https://www.youtube.com/watch?v=A4aAJrJB6h0 + http://alaindebotton.com/news-users-manual/ “Absolutely,” he said. “You forget about your life for 30 minutes while you read about Chris Christie’s implosion.” Joshua Ferris’s forthcoming novel, “To Rise Again at a Decent Hour,” is about “the obsessive-compulsive nature of your own personality emerging through these platforms, and disliking the person who is taking advantage of them,” he said. Mr. Ferris, 39, confessed to bingeing on news, TV and YouTube videos, though he recently took a six-month purgative sabbatical.
binge  drinking  binge  consumption  binge  watching  binge  reading  gossip  celebrity  culture  Popular  Pop  BuzzFeed  Listicle  digital  natives  digital  content  short-form  content  throwaway  content  content  distribution  micro  content  attention  span  attention  technological  history  Technology  consumer  turned  creator  self-publishing  publishing  2.0  Twitter  microblogging  blogosphere  Blogging  Instagram  Vine  Facebook  Social  Media  sharing  is  caring  sharing  economy  mainstream  conglomerate  corporate  binge  consumption  barrier  of  consumption  mobilephone  Smartphone  Snapchat  communication  cynicism  Book  Alain  de  Botton  productivity  Millennials  living  environment  western  lifestyle  western  society  quality  of  life  life  lesson  life  hacker 
may 2014 by asterisk2a
Wolfgang Ullrich: Alles nur Konsum Rezension - SPIEGEL ONLINE
Stattdessen wirken Energieduschgels, Heilwasser und karmasteigernde Säfte wirklich, wenn man nur fest an das Versprechen von Werbung und Produktdesign glaubt. [...] Analog zum Bildungsbürger macht er den Konsumbürger aus, der Bio-Lebensmittel und Designer-Ware kauft, um sich vom Pöbel abzugrenzen. Ullrich schlägt vor, dass sich Sozialpolitiker der Frage annehmen könnten, warum der Placebo-Effekt der Warenästhetik den Wohlhabenden vorbehalten bleibt, während die Armen sich wegen ihres mies gestalteten Billig-Duschgels weiter träge fühlen müssen. [...] Oft rührt das Glücksgefühl der Konsumenten eben auch daher (so argumentiert der Philosoph Robert Pfaller, den Ullrich an anderer Stelle wohlwollend zitiert), dass sie etwas Leichtsinniges und Verschwenderisches tun. [...] "sich etwas gönnt"
luxury  placebo  society  zombie  consumer  consumption  philosophy  book  western  society  consumerist  consumer  culture 
april 2013 by asterisk2a
Consumer spending: Dropping shopping | The Economist
Britain’s squeezed households largely explain the country’s flatlining economy. + That is worrying, since other prices are highly unlikely to stand still. Firms facing higher energy bills tend to pass on cost increases. Another worry is the continued fall in sterling says Mr Kara. The pound has depreciated by close to 6% in 2013 against the currencies of Britain’s main trading partners. When the pound loses value imports become more expensive, cutting buying power.
currency  debasement  debtoverhang  2013  monetary  policy  GFC  consumption  economic  history  fiscal  policy  UK  debt  bubble  zombie  banks  sovereign  debt  crisis  consumer  debt  davidcameron  greatdepression  budget2013  zombie  consumer  deleveraging  public  debt  private  debt  GeorgeOsborne  greatrecession  balance  sheet  recession 
march 2013 by asterisk2a
Stephen Roach On Why Abe's Aggression Won't Save Japan //via ZeroHedge
The politicization of central banking continues unabated.

[...] [... GFC USA Aftermath ...]

When the bubbles burst, households understandably became fixated on balance-sheet repair – namely, paying down debt and rebuilding personal savings, rather than resuming excessive spending habits.

[...]

US consumers have pulled back as never before. In the 19 quarters since the start of 2008, annualized growth of inflation-adjusted consumer spending has averaged just 0.7% – almost three percentage points below the 3.6% trend increases recorded in the 11 years ending in 2006.

[...]

Not only is QE’s ability to jumpstart crisis-torn, balance-sheet-constrained economies limited; it also runs the important risk of blurring the distinction between monetary and fiscal policy. Central banks that buy sovereign debt issued by fiscal authorities offset market-imposed discipline on borrowing costs, effectively subsidizing public-sector profligacy.
UK  stephenroach  liquidity-trap  currency-war  currency  debasement  banking  crisis  debtoverhang  France  structural  imbalance  status  quo  Politics  liberal  economic  reform  PIIGS  Europe  savings  glut  zombie  consumer  greatrecession  GFC  Richardkoo  zombie  banks  Japan  lostgeneration  lostdecade  2013  sovereign  debt  crisis  unintended  consequences  debt  monetisation  ZIRP  QE  economic  history  2012  monetary  theory  monetary  policy  Abenomics  BOE  BOJ  ECB  Fed  USA  balance  sheet  recession  consumption  consumer 
december 2012 by asterisk2a
Money can't make you happy... if you are only spending it to impress others | Mail Online
Spending money on once in a lifetime experiences from luxury holidays to concert tickets won't make you happy, according to a surprise study.
But before you cancel that world cruise it's worth noting that you'll only fail to find contentment if your motive is to impress others.
'Why you buy is just as important as what you buy,' said assistant profressor Ryan Howell, from San Francisco State University, who led the study.
'When people buy life experiences to impress others, it wipes out the well-being they receive from the purchase. That extrinsic motivation appears to undermine how the experiential purchase meets their key psychological needs.'
lifestyle  lifehacker  lifelessons  relationships  psychology  money  relationship  consumption  wealth  management  wealth 
june 2012 by asterisk2a
US consumer spending: Hard times | The Economist
AMERICANS are spending less on clothes and eating out and more on household fuel bills and healthcare, according to data from the Bureau of Labour Statistics. Between 2007 and 2010, average annual consumer spending per unit—defined as a family/shared household or single/financially independent person—fell by 3.1% to $48,109. Average prices over this period have risen by 5.2%, so real consumer spending has fallen by almost 8%.
change  changes  consumption  consumer  USA  statistics  greatrecession  2007  2010  deleveraging 
october 2011 by asterisk2a
Love over money? - YouTube
Marc Cenedella, founder and chief executive of TheLadders, considers how society's preferences are shifting from material-based to experience-based rewards.
consumption  generationy  millennials  generationx  change  society  greatrecession  gfc 
october 2011 by asterisk2a
"Its A Cash-Flow Problem": The Ever Broker US Consumer Increasingly Relying On Credit Cards For Daily Staples | zero hedge
Somehow, in all the confusion, the endangered species known as the American "consumer" missed the economic recovery. The reason, as Bloomberg writes, is that consumers are increasingly "using credit cards to pay for basic necessities as income gains fail to keep pace with rising food and fuel prices." The data comes from credit card transaction processor First Data which reported that the dollar volume of charged purchases rose 10.7% in June (a 6.8% increase in the number of transactions). "The difference probably represents the increasing cost of gasoline, said Silvio Tavares, senior vice president at First Data, the largest credit card processor. "Consumers, particularly in the lower-income end, are being forced to use their credit cards for everyday spending like gas and food,” said Tavares, who’s based in Atlanta. “That’s because there’s been no other positive catalyst, like an increase in wages, to offset higher prices. It’s a cash-flow problem."
USA  consumer  income  recovery  2011  greatrecession  inflation  economy  spending  consumption 
july 2011 by asterisk2a
Minimalisten: Haste nix, biste was - SPIEGEL ONLINE - Nachrichten - Panorama
"Man gewinnt die Kontrolle über sein Leben zurück, alles wird klarer, übersichtlicher, einfacher."

"Minimalismus hat Zulauf", sagt Bernd Vonhoff, Vorsitzender des Berufsverbandes Deutscher Soziologinnen und Soziologen. Das Phänomen sei zwar schwer zu quantifizieren, ziehe sich aber durch alle Bevölkerungsschichten.
Vonhoffs Erklärung: Die Welt werde immer komplexer. Diese Komplexität zu bewältigen und zu reduzieren sei stressig. 20 Prozent der Berufstätigen würden Stresssymptome aufweisen. Wer sein Leben minimalistisch gestalte, reduziere den Druck. Das begriffen immer mehr Menschen. Deswegen seien Minimalisten "anerkannt und werden nicht mehr als Spinner bezeichnet".

Und die Versuchung, Dinge zu kaufen? Die Abhärtung dagegen beginne mit dem Eingeständnis, "wie viele Dinge beispielsweise nur der Ablenkung von mangelnden Sozialkontakten gedient haben".
minimalismus  lebensstil  life  minimalism  complexity  society  sociology  culture  mass  media  consumption  Glück  Freiheit  freedom  personal  living  control 
july 2011 by asterisk2a
BBC News - British 'rebalancing' brings pain to the High Street
There are three unstoppable forces at work:
A squeeze on consumers' spending power from inflation that significantly outpaces wage, tax-credit and benefit rises;A fear that the squeeze will intensify from expected imminent increases in energy prices and a less imminent rise in interest rates (though with household debt still equivalent to 160% of disposable income, any rise when it does come will be painful);The migration of much of what the high street and small shopping centres do to the Internet.
retail  uk  2011  recession  recovery  economy  consumption  deleveraging  consumer  austerity  outlook  income  disposable  stagflation 
june 2011 by asterisk2a
CRUNCH TIME FOR THE HIGH STREET | City A.M.
cash is king, retailers are advised to handle cash flow (what they have) well.

FASHION retailer Jane Norman was on the brink of collapse this weekend, after all of its stores across the UK were closed for business, signalling imminent insolvency.
Habitat, the furniture retailer founded by Sir Terence Conran in 1964, last week appointed administrators to sell its 33 stores citing cashflow difficulties and the “current tough trading environment for retailers”.
Homeform, the owner of Dolphin Bathrooms and Moben Kitchens, also buckled, putting more that 1,300 jobs at risk.
 French company Kesa admitting last week it was considering “strategic alternatives” for Comet, its British business, including the sale of the chain and delisting from the London market. This came after Dixons Retail reported more than £300m in write-downs on Thursday resulting in a pre-tax loss of £224.1m.
card maker Clinton Cards
retail insolvencies increased by 6% to 448 in the first quarter of 2011.
UK  retail  consumer  consumption  2011  recession  recovery  stagflation 
june 2011 by asterisk2a
Fuel economy: The Difference Engine: Four bangs for the buck | The Economist
Europeans snigger at how little it costs even Californians to fill the tank. But people in the United States pay through the nose for many other things in life (health, education, property taxes, wireless services, etc) that foreigners get for far less or even free. ... 

all previous recessions, petrol consumption has been a leading indicator of recovery, bouncing back sharply as people started using their vehicles more to shop, to dine out, to seek the curious and the entertaining, and, above all, to take vacations. Despite the American economy’s belated and still timid recovery—seen in increasing sales of cars, clothing, hospitality, entertainment, and consumer goods generally (though still not housing)—the amount of petrol being consumed across the country has tumbled to 2001 levels, and shows every sign of falling further.  

Reason; BC Americans buying frugal - more fuel efficient cars now. $4-a-gallon gas, Americans want cars that do 40mpg or more.
greatrecession  recession  USA  economy  behaviour  consumer  consumption  study  research  signs  SUV  patterns  oil  oilprice  2008  2011  change  frugal  austerity  budget  analysis  efficient  efficiency 
june 2011 by asterisk2a
Why the consumer is no longer king | City A.M.
. Today’s figures from the British Retail Consortium – total retail sales rose just 1.1 per cent and like-for-like sales fell 0.4 per cent in February on a year ago – confirm that the great retail bonanza is over (though of course surging living and petrol costs and inflation are the other key drivers of the slowdown, having slashed real disposable income).

The British consumer’s credit card is maxed out, as is the government’s. The UK’s only hope is that the private sector starts to invest again – the corporate capital stocks are in need of refreshing after the cutbacks of recent years – and is able to sell its wares abroad. Hoping for a domestic consumer-led recovery is pointless.
UK  consumer  2011  consumption  recovery  economy 
march 2011 by asterisk2a
Crisis lessons from Irving Fisher: Fix the debt-deflation disease, not its symptoms | vox - Research-based policy analysis and commentary from leading economists
This column rehabilitates Irving Fisher’s debt-deflation theory to explain the current crisis. It suggests that fiscal stimulus will do little to prevent the crisis from becoming a protracted slump because the problem lies in finance. A cure will require reversing deflation and restarting the credit system.
“…in the great booms and depressions, each of the above named factors (over production, underconsumption, over capacity, price dislocation, over confidence, over investment, over saving etc.) has played a subordinate role as compared with two dominant factors, namely, over indebtedness to start with and deflation following soon after;… where any of the other factors do become conspicuous, they are often merely effects or symptoms of these two.” (Irving Fisher, 1933, p. 341)
deflation  debt  macroeconomics  2010  2011  IrvingFisher  consumption  greatrecession  greatdepression  capacity  public  private  economics  fiscal  stimulus  book 
february 2011 by asterisk2a
Why Americans Can't Save Money - Room for Debate - NYTimes.com
According to a Harris Poll released last week, 27 percent of Americans have no personal savings and 34 percent have no retirement savings, an increase from over a year ago.
At the same time, people are spending more. Borrowing is up, perhaps a sign of consumer confidence in the recovery.
Why was the era of thrift so short-lived? Why are Americans spending again, yet unable to save?
savings  saving  USA  2010  2011  outlook  consumption  consumer 
february 2011 by asterisk2a
Looking Behind the Decline in Credit Card Debt - NYTimes.com
“There is a lot of debate going on right now among economists,” “Is there truly deleveraging or are charge-offs removing a lot of balances?”

impact of tighter credit was working its way through an economy in which consumers continue to feel the effects of joblessness, lower incomes and declining housing values. “It has a braking effect on the economy, and the key thing is to get to the right balance,” he said. “We are in a process right now of finding that balance.”

Consumer debt has been steadily falling over the last couple of years. The Federal Reserve said last week that household liabilities — including mortgages, credit card accounts and nonrevolving accounts like auto loans — totaled $13.9 trillion in the second quarter of 2010, down $200 billion from the same quarter a year earlier.

Outstanding revolving accounts, mostly credit cards, declined to $832.2 billion from $915 billion in that same period, the Fed said in a separate report earlier in the month.
credicrunch  creditcard  debt  revolving  2010  deleveraging  consumer  private  consumption 
september 2010 by asterisk2a
Green Inc. Column - Rethinking the Measure of Growth - NYTimes.com
Overlooking that risk has possibly cost future economic growth, the report said, and has contributed to a looming environmental crisis.

“Market prices are distorted by the fact that there is no charge imposed on carbon emissions,” the report said. “Clearly, measures of economic performance that reflected these environmental costs might look markedly different from standard measures.”

Economists in Asia say the debate about gross domestic product misses the point. Gross domestic product as a statistic is sound, they say; what is wrong is the fascination in government with what it measures — the sum total of a nation’s annual production.

“The problem is not G.D.P.,” said Bhanoji Rao, a visiting economics professor at the Lee Kuan Yew School of Public Policy in Singapore. “The problem is the culture of consumption.”
GDP  JosephStiglitz  economics  ecology  ecological  crisis  oil  BP  oil-spill  oilprice  risk  economy  measurement  measuring  growth  domestic  consumption  consumer  change 
july 2010 by asterisk2a
Austerity’s all very well, but someone must spend more to ensure recovery - Telegraph
All that is worth doing but it still doesn't exactly sound like a magic bullet.
That requires someone to spend more. Again, who?
There are umpteen countries which are running huge current account surpluses: last year, China's surplus was 6pc of GDP, Taiwan's 11pc, Malaysia's 17pc and Singapore's 19pc. The oil producers also ran huge surpluses – 5pc in Saudi Arabia (down from a massive 28pc the year before), 16pc in Libya and Qatar, and 26pc in Kuwait. Within Europe our two big oil producers, Russia and Norway, ran surpluses of 4pc and 14pc respectively.
Among non-oil producers in Europe, Germany and Holland ran surpluses of 5pc, and Switzerland 9pc. Moreover, these countries are in general sitting on huge international reserves. This is where the money is and it is where demand should expand.
China remains the key to Asia.
Anyway, the more important issue is the willingness of the Chinese to rebalance the economy towards consumers and away from reliance on exports.
china  consumption  economic  policy  mistake  fiscal  monetary  uk  davidcameron  USA  germany  austerity  demand  demand-curve  ECB  BOE  Fed  PBC  currencies  currency 
july 2010 by asterisk2a
Economist Warns of Public Bubble - Real Time Economics - WSJ
The U.S. economy has traded a public bubble for a private one, according to this forecast by California forecasting firm Beacon Economics.

The firm’s stance is that the $787 billion federal stimulus package and the Federal Reserve’s near-zero interest rates have propped up the economy but will prove unsustainable and are actually exacerbating some of the imbalances that led to the recession. “The nation seems to be trading in its private bubble for a public one, swapping one set of unsustainable economic drivers for another,” the report said.
bubble  public  debt  deficit  budget  usa  2010  outlook  forecast  benbernanke  interestrate  private  treasuries  stimulus  housing  TARP  toxicassets  losses  accounting  property  inflation  savings  consumption  package  greatrecession  recovery  double-dip  recession  deflation  richardkoo  KennethRogoff 
april 2010 by asterisk2a
Economists React: ‘The Consumer Is Back’ - Real Time Economics - WSJ
Overall recent retail sales reports indicate the U.S. consumer may have emerged from the financial crisis with fewer scars than we had feared. While we are not revising our medium-term consumption forecasts at this time, we would certainly acknowledge that the latest data point to upside risks. –Zach Pandl, Nomura Global Economics
consumption  consumer  spending  retail  usa  2010  march  april  outlook  forecast  recovery  greatrecession 
april 2010 by asterisk2a
Consumer Borrowing Fell $11.5 Billion in February - CNBC
The Federal Reserve said Wednesday that borrowing declined by $11.5 billion in February, surprisingly weaker than the small $500 million gain that economists had expected. The February decline was the 12th decrease in the past 13 months as consumers slash borrowing in the face of a deep economic recession and high unemployment.

The February weakness reflected a sizable 13.6 percent drop in revolving loans, the category that includes credit card debt, and a smaller 1.6 percent decline in nonrevolving loans, the category that covers auto loans.

A revival in consumer borrowing and spending is seen as crucial to providing support for the overall economy, which is still struggling to emerge from the worst recession since the 1930s.
borrowing  consumer  debt  private  recovery  2010  usa  revolving  spending  consumption  benbernanke  outlook  forecast 
april 2010 by asterisk2a
Daily Media Use Among Children and Teens Up Dramatically From Five Years Ago - Kaiser Family Foundation
Over the past 5 years, time spent reading books remained steady at about :25 a day, but time with magazines and newspapers dropped (from :14 to :09 for magazines, and from :06 to :03 for newspapers). The proportion of young people who read a newspaper in a typical day dropped from 42% in 1999 to 23% in 2009. On the other hand, young people now spend an average of :02 a day reading magazines or newspapers online.
media  research  study  teens  children  culture  education  consumption  trends  internet  publishing  newspapers  future 
january 2010 by asterisk2a
Recession’s Emerging Credo - Do More, Buy Less - NYTimes.com
“It’s a different kind of recession,” said Richard Florida, the author of several best-selling books about the economics of cities. “It’s not like in the ’30s when people stopped going to concerts. Now people seem to be keeping up with experience consumption and cutting back on other necessities.”
recession  effects  family  consumption 
january 2010 by asterisk2a

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