asterisk2a + dogma + consent   66

The Week Ahead: the return of the nasty party and a good week for Brexit
David Cameron and George Osborne wanted to cut even more! //&! Nicky Morgan's embarrassing interview over Tory cuts to disabled welfare - youtu.be/hjk06tjx_xQ //&! Jeremy Corbyn - youtu.be/Ain-IP4pHCk //&! IFS: cutting disability benefits to fund tax cuts is a political choice - youtu.be/xVBf9dSa9Mw //&! MANIFESTO Election Campaign Promises - Tories hoist by their own petard over disability cuts - youtu.be/N8VijFKLQek //&! also closed Independent Living Fund - youtu.be/nurjzK5VPAI //& "The electorate don't mind. Those who vote aren't affected." *George Osborne - youtu.be/N8VijFKLQek - WCA to bring down bill by kicking people off was a pipedream & Universal Credit is a real cut in benefits. //&! Nicky Morgan's nightmare defending Osborne's nasty budget - youtu.be/Y9YNcQF4t8I - 12bn cuts were promised in Manifesto 2015. 4.4 tried through PIP. youtu.be/5-3Bp7qzj4Y (pre-election) //& cutting corporation tax (& capital gains tax) - youtu.be/gZ6qNHLnbs0 &! Analysis - youtu.be/v-qmvI9s3pE
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april 2016 by asterisk2a
EU referendum: Boris Johnson calls Cameron's Project Fact 'baloney' | Politics | The Guardian
"stay campaign is project fear" leave campaigners go without facts. [...] Chris Grayling, one of the six cabinet members who favour Brexit, had earlier dismissed a 28-page Cabinet Office report warning of what Cameron called a “decade of uncertainty” if Britain votes to leave, as “completely ludicrous”. Grayling accused his boss of running a “relentless campaign of fear”. Separately, employment minister Priti Patel, another prominent advocate for Brexit, ramped up the criticism of cabinet secretary Sir Jeremy Heywood’s decision to limit the support civil servants can provide to pro-Brexit ministers, describing it as “unconstitutional”. [...] Iain Duncan Smith “I have the highest opinion of the British people; [ //&! If it were a pure economic argument, where are the economists?! but it's about ideology, dogma and demagogy ... populism, propaganda, polarisation, manufactured consent, supported by right-wing media's manufactured consent ] &! bit.ly/1oKclJ1 &! Sturgeon - bbc.in/1TM6YGm
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february 2016 by asterisk2a
A day in court showed me the misery of Britain’s housing policy | Polly Toynbee | Opinion | The Guardian
The housing crisis they inherited has worsened as rents rise, but David Cameron and George Osborne’s cuts to social housing are a bizarre response: the housing and planning bill going through parliament marks the end of the social housing era. Not by accident but by deliberate policy, 88,000 council homes to rent will be lost, says the Conservative-controlled Local Government Association. Labour says the total will be 180,000 by 2020. Money is sucked out of social housing into the Treasury, as the 1% rent cut saves on the housing benefit bill by stealing funds due to pay for new social homes. Half of all renters get some housing benefit, with the continuous rise in rents. Cutting that support simply propels more into homelessness.
poverty  trap  poverty  social  housing  affordable  housing  Crisis  UK  DWP  Universal  Credit  Council  Starter  Homes  David  Cameron  precarious  work  Precariat  working  poor  Zero  Hour  Contract  Contractor  part-time  nasty  party  trickle-down  economics  neoliberalism  neoliberal  Privatisation  post  code  lottery  Gini  coefficient  income  mobility  social  mobility  inequality  Generationengerechtigkeit  fairness  generation  rent  George  Osborne  budget  deficit  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  corporate  tax  rate  general  election  2015  election  campaign  promises  Manifesto  austerity  policy  folly  policy  error  dogma  ideology  constituency  fearmongering  Fear  manufactured  consent  PR  spin  doctor  Positioning  Tories  Conservative  tax  Westminster  Toff  Privileged  Establishment  child  poverty  education  policy  job  security  insecurity  uncertainty  well  being  mental  health  Depression  health  inequality  food  poverty  budget2015 
february 2016 by asterisk2a
Stigma of mental illness | Alastair Campbell - YouTube
you can never anticipate when change, social change comes. legislation is usually a response to change. mental health is last big taboo. // >> "Control the Message." << you can not control where the message goes. you can only control what you say and what you do << budget deficit. need to get into surplus. to pay down debt. but not telling not the disabled increased the budget deficit so massively, but the bankers bailout and the pensioners. and the corporate welfare. never was the cause adressed. what is easier? cut minority? or tax your party funders? the city and non-doms and super rich? mega properties? // what is easier to cut? cancer service, child protection service, mental health service?
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january 2016 by asterisk2a
The Guardian view on fair play in politics: a Conservative coup | Editorial | Opinion | The Guardian
From trade union reform to parliamentary process, the Tories show a pattern of contempt for the protocols of democracy [...] Thanks to a crafty, albeit constitutionally permitted, parliamentary manoeuvre, a cut that will affect hundreds of thousands of disadvantaged young people went through without proper debate or vote on the floor of the Commons. David Cameron commands a slender majority, but it is enough to pass most of his legislative programme in a more transparent fashion. Only the most controversial elements risk obstruction, either through rebellion on the Tory benches in the lower house or rejection in the upper one. [...] That episode, like the vote on student grants, is consistent with a pattern displayed by this government of impatience with democratic norms, verging on contempt. One habit is bundling measures of primary importance up in secondary legislation. [...] lay the foundations for a long-term Conservative monopoly on government.
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january 2016 by asterisk2a
Why should Rachel Watt have to sleep in her wheelchair? | Frances Ryan | Opinion | The Guardian
This is the hidden face of Britain’s social care crisis: disabled people left without help in their own homes. Read most coverage of the cuts to social care and it is easy to believe the crisis solely affects older people. According to research by Scope, 83% of disabled people in this country are now living without sufficient hours in their care package. That means being unable to get out of the house or waiting 14 hours to go to the toilet. This is what happens when austerity strips £4.6bn from social care spending in five years. As the government squeezes local authorities, social care has been left with a “funding gap” – a gaping wound, shall we say – that is growing by £700m a year. The King’s Fund thinktank has told the Guardian that the financial prospects for Britain’s social care system in 2016 “could not be worse”. [...] The biggest trick the government can play is the myth that any of this is inevitable. [...] It is the political choice[.]
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january 2016 by asterisk2a
Cambridgeshire's £800m NHS out-sourcing contract ends - BBC News
A five-year £800m NHS out-sourcing contract has ended after eight months because the company running it said it was not "financially sustainable". // Because NHS itself is running on a thin edge where more efficiencies can hardly be found. How does a for-profit company with minimum margin targets will do it with fat execs? They are not able to do it what NHS took +20 years to get to that kind of efficiency at that kind of scale. Sorry, but the positioning of NHS being wasteful is opportunistic way for way to argue for Privatisation, because private companies are so much more efficient; see CEO pay and bonuses of large health care companies in USA.
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december 2015 by asterisk2a
No mention of climate change in the TPP: Sierra Club report shows “dirty deal” means environmental disaster - Salon.com
The Trans-Pacific Partnership will "fuel the climate crisis" warns the environmental organization in a new report [...] Environmental and labor organizations have warned for years that the TPP, which has been characterized as “NAFTA on steroids,” will mean disaster for the climate and for the economy. “A Dirty Deal: How the Trans-Pacific Partnership Threatens Our Climate,” the Sierra Club’s new report, details just how disastrous it could be. [...] The Sierra Club’s report finds that the TPP will do the following: “Empower fossil fuel corporations to challenge climate policies in private tribunals” [...] he deal will give foreign corporations the ability to sue governments for implementing environmental policies that do not meet companies’ “expectations” or that could make their investments less profitable.
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december 2015 by asterisk2a
Gordon Brown on tax credits and Jeremy Corbyn - YouTube
&! Steve Hilton on refugee crisis, Syria and tax credits - youtu.be/2JiKaIomDJU - ISIS is jihadist ideology, is long-term war. can not close door to refugees at same time you are committed to drone warfare and direct sight bombing with fighter jets. & Is Tories welfare reform reform or smoke screen/spin/reframing of austerity?!
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november 2015 by asterisk2a
Robert Reich - Timeline Photos
What about all the ballyhoo about manufacturing jobs coming back to America? Well, some have. But they pay lousy wages. The average wages of production and non-supervisory employees in manufacturing are lower today than they were in 1985, when adjusted for inflation. [...] Bottom line: Most Americans have got zilch out of this recovery. In fact, they’re worse off now than they were in 2000. Meanwhile, the top 0.1 percent is doing fabulously well. More and more people are concluding the game is rigged -- which it is. No one should be surprised at the surge in populist anger on the left and the right.
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october 2015 by asterisk2a
Chris Hedges June 8, 2015 Town Hall Seattle - YouTube
Ceased all power and rendered the citizen powerless. This is no capitalistic democracy. This is crony capitalism. 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! // Revolutions are internal affairs w different dynamic. All succesful revolutions are fundamentally non-violent. No revolution is successful until sizable internal protection/security defects (Whistleblower et al) and refuses to fight for the discredited regime/plutocracy/oligarchy/Elite/Super Rich/1%/Corporation/crony capitalism/tax evasion/tax avoidance and joins the revolution. // Living in truth & speaking the truth to power. Pulling people into the streets & discrediting the status quo. Dont pit people against each other. Essay. The power of the powerless // If we do not break it. We & our children have no future!
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october 2015 by asterisk2a
My fear is that Addenbrooke's is just the beginning
Whilst our ageing population creates an underlying pressure on hospitals across the country, the failure of Conservative ministers to plan the NHS workforce and properly fund social care is at the heart of the problem.  A key contributor to the ‘inadequate’ rating given to Addenbrookes was understaffing, particularly in the maternity and A&E services. The CQC is clear that the staff working at the hospital did everything they could for the patients in their care. The problem was that there simply weren't enough of them. [...] The Royal College of Nursing estimate that hospitals spent almost £1 billion on agency nurses alone last year – it’s no wonder hospital finances are in such a dire position. [ Osborne cut spending (when came to power in libdem coalition 2010) on training! stupid, he put the NHS/Hospitals in that position! experts say it won't be fixed for years. pipeline issue was created by Tories! ]
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september 2015 by asterisk2a
”Lobbyismen hotar demokratin” - EFN - Ekonomi- och FinansNyheterna
Owen Jones --- shared economic interest. politicians have to be servant to their people. seen as the greatest honor one can receive. and job. legacy. not money/riches (in future). should always aim to put yourself out of business so to speak, for means of progress and healing. // Brexit defense for London // TTIP // open and democratic = less angles for corruption and bribery
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september 2015 by asterisk2a
Lord Ashcroft 'not settling scores' with David Cameron book - BBC News
"If this was just a revenge job, Lord Ashcroft & I could have published it before the election." bbc.in/1V5Rl94 CoAuthor Isabel Oakeshott //&! bbc.in/1FpIfC4 - Ashcroft quits the House of Lords //&! Ashcroft & Cameron - an inevitable end? Two powerful men need each other, and then one of them becomes more powerful, and doesnt need the other anymore. [...] [book] looks a lot like revenge. [...] The Conservatives needed him, as all political parties need money, & between 2002/11 he gave more than £5m. [ those who want leadership position/power, ie Cameron, are & will be never great leaders when history judges them ] - bbc.in/1MEYLko bit.ly/1LrS8QP bit.ly/1MEppd0 bit.ly/1PktP6A bit.ly/1gH7wvI bit.ly/1NHFptp &! So Cameron was young & reckless. Lucky he wasnt young, reckless & poor - bit.ly/1Oqc8Fg bit.ly/1j3nRwJ bit.ly/1LIGEnD bit.ly/1V6xSoy - Cameron is part of a select group of people to whom different rules apply, and he knows it, [like evryone else in Britain [dubbed Hameron scandal].
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september 2015 by asterisk2a
NHS on brink of collapse, warns former health minister | Society | The Guardian
Norman Lamb [...] NHS will crash within two years with catastrophic consequences unless the government orders an immediate multibillion pound cash injection, the former minister in charge of care services says. [...] fears mount among senior NHS officials, care providers and local authorities that NHS and care services are approaching breaking point. [Lamb] accuses the government of dishonesty in failing to admit the scale of the problems [ sick population, premature ageing, chronic diseases, obesity crisis, Big Sugar, food industry, cancer, sedentary lifestyle, demographic bubble, pollution, chronic stress, mental health ]. [ need non-partisan commision ] [...] NHS CEO [...] [sees no] progress in tackling public health problems [which are multi-dimensional][, shaving the top off/limiting the extent/prevention (Sugar Tax/Alcohol Unit pricing review/review of food deserts & fast-processed-junk-food filled grocery stores) against predictable/status quo = pressures continue 2 increase.]
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september 2015 by asterisk2a
In the loop August 28: Google, Brexit lobby and Uber's expansion by POLITICO Europe
[My take, for EU to thrive, it needs 2 develop & integrate further the 6 killer apps of western nations history, but they dont do that. quite the opposite especially under pressure situations (refugee crisis response: bit.ly/1KkArk5 Merkel 'this is EU wide problem, not just Germanys') & that is very much something that speaks 4 Brexit as UK has 2 give up further powers & further struggle 2 be just a prosthetics (not even appendage like science can grow an ear on someones arm) 2 Europe, which gives other countries internal nationalism leverage 2 put barriers in way of really putting Europe on the map of the "world economy," developing/advancing the 6 killer apps 4 Europe. Brexit will be part of Merkel's legacy! Verwalten of status quo. No principles. No vision. No mission. No future.] bit.ly/1FW3Qgi // European integration itself is a Moonshot project & it looks like that crisis management leading to political crisis, doesnt help at all putting the rocket together in the first place.
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september 2015 by asterisk2a
Disenfranchised Voters and the Rise of Radical Populism - YouTube
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september 2015 by asterisk2a
Jeremy Corbyn: Labour will campaign for UK to stay in the EU | Politics | The Guardian
McFadden stressed he did not believe Cameron was seeking to undermine those rights in his talks with his EU partners, but recognises that Corbyn is deeply concerned at what he regards is a shift from a social Europe to a free-market Europe. He said: “If the prime minister tries to water down hard won employment protections that would be wrong and foolhardy on his part and we would very strongly oppose it. But if he does try to water down these protections, the right response is not to leave the EU but to fight the 2020 election on a clear commitment to restore those employment rights – and we have to remain in the EU to do that.”
Labour  Party  Jeremy  Corbyn  Brexit  David  Cameron  Conservative  Party  Toff  Tories  neoliberalism  neoliberal  self-regulation  London  constituency  investment  banking  British  Bill  of  Rights  NSA  GCHQ  Surveillance-Industrial  Complex  surveillance  state  Orwellian  Internet  Privacy  Snoopers  Charter  Dataretention  Privacy  human  deregulation  Workers  Union  Trade  Union  Zero  Hour  Contract  welfare  state  social  safety  net  crony  capitalism  UKIP  European  Union  Consumer  Protection  TTIP  NHS  neoconservatism  neoconservatives  austerity  dogma  ideology  underinvestment  trickle-down  economics  recovery  GFC  economic  history  Margaret  Thatcher  George  Osborne  Polarisation  propaganda  populism  manufactured  consent  reframing  framing  PR  spin  doctor  corporate  media  gag  order  Secret  Courts  corporate  state  western  world  democracy  capitalism 
september 2015 by asterisk2a
Vince Cable: Osborne is cynical but will be next prime minister | Politics | The Guardian
“Some of the greatest pressure came on Iain Duncan Smith at the Department for Work and Pensions, whose poor, disabled, unemployed and otherwise vulnerable clients were seen as easy targets for cuts. “IDS was a significant figure, and a fundamentally decent man, but he spent much of his time fighting off pubescent advisers and Treasury officials with cruel ideas for saving money.” [ // they are not the majority of voteres, that vote tories, and thus him, into office at the next election. the poor, vulnerable. disables are not his constituency he has to bank on to follow after David Cameron. ]
austerity  welfare  state  Opportunism  opportunist  babyboomers  vulnerable  Disabled  DWP  Iain  Duncan  Smith  George  Osborne  Tories  Gesellschaft  fairness  Generationengerechtigkeit  general  election  2015  election  campaign  promises  budget2015  Career  Politicians  No  Representation  neoliberalism  neoliberal  dogma  ideology  Privatisation  UK  short-term  thinking  short-term  view  policy  error  voter  turnout  apathy  corporate  tax  rate  capital  gains  tax  tax  code  Super  Rich  1%  Privileged  Establishment  Toff  JSA  ESA  social  safety  net  social  mobility  income  mobility  Gini  coefficient  poverty  trap  child  poverty  poverty  PR  spin  doctor  David  Cameron  lobbyist  lobby  Lobbying  revolving  door  Wall  Street  shareholder  value  profit  maximisation  self-regulation  deregulation  Zero  Hour  Contract  precarious  work  Precariat  tax  credit  child  tax  credit  working  tax  credit  working  poor  Contractor  underemployed  part-time  minimum  wage  Food  Bank  poverty  2015  Polarisation  propaganda  populism  manufactured  consent  corporate  state  corporate  media  reframing 
september 2015 by asterisk2a
International Focus - A History of Austerity - YouTube
fallacy of composition problem // short-term profit seeking and rent-seeking behaviour, underinvestment, no productive investment - especially long-term. // this underinvestment - public and private sector + market forces and technological progess will level the world and the China/Asia/LatAm rises up to the western world level while western world stays stagnant (loss of standard/quality of living competitively) because of being behind - software is eating the world, 3D printing, uncompetitive manufacturing and heavy industry/goods because of higher energy prices because of lack of investment in energy storage systems that are realized right now and backing off in investment in renewable energy and energy efficiency schemes (especially UK budget2015), automation, robotics, lack knowledge workforce to fill future digital/STEM/knowledge jobs, because of low social mobility, student debt, cuts in education - vocational - professional, as well as giving up on child poverty targets.
rent-seeking  austerity  economic  history  recovery  GFC  secular  stagnation  ideology  dogma  European  Union  UK  USA  2015  underinvestment  productive  investment  asset  allocation  short-term  thinking  short-term  view  hunt  for  yield  QE  ZIRP  NIRP  asset  bubble  speculative  bubbles  equity  bubble  bond  bubble  public  investment  infrastructure  investment  long-term  view  long-term  thinking  Career  Politicians  neoliberalism  neoliberal  No  Representation  academia  academics  Angela  Merkel  Wolfgang  Schäuble  Troika  IMF  OECD  ChristineLagarde  Richard  Koo  Paul  Krugman  Robert  Reich  Joseph  Stiglitz  sovereign  debt  crisis  zombie  banks  TBTF  too  big  to  jail  toobigtofail  bank  bailout  NPL  ECB  Fed  BOE  fiscal  policy  Pact  Schuldenbremse  manufactured  consent  corporate  state  propaganda  corporate  media  populism  PR  spin  doctor  Eurogroup  EuroFin  democracy  Generationengerechtigkeit  fairness  social  contract  crony  capitalism  deregulation  self-regulation  regulation  regulators  lobbyist  lobby  Lobbying  revolving  door  unintended  consequences  unknown  unkown  lost  decade  lost  generation  western  world  Developing  developed  world  Gini  coefficient  social  mobility  income  mobility  policy  in 
august 2015 by asterisk2a
If David Cameron really wants to help the poor, why hasn't he fired Iain Duncan Smith? - Comment - Voices - The Independent
In it Together, says that George Osborne’s view is that Duncan Smith is “just not clever enough”. But I did expect him to be moved, not primarily because he doesn’t measure up to the job, but because it would allow Cameron to ditch universal credit, the grand simplifying reform of the benefits system that everyone knows is never going to happen. So far, the best thing to be said about universal credit is that it doesn’t affect many people, as it is still being “rolled out” in “pilot schemes”. [...] Cameron knows perfectly well that it will never be implemented as intended; the Treasury knows it; No 10’s own civil servants gave up on it long ago, hence the joke about it being known as “universal cred” because the IT isn’t working. [ should take a page out of Obama's book (healthcare.gov) and ask somebody to help, who knows IT, and save it vs never able to fully deliver on it + additional cost. Comes back Cameron being a PR man and Career Politician. Never admitting to be wrong. ]
Iain  Duncan  Smith  DWP  George  Osborne  Conservative  Party  general  election  2015  election  campaign  promises  budget2015  David  Cameron  Tories  Toff  Establishment  Privileged  Career  Politicians  No  Representation  UK  political  theory  social  contract  Brexit  Universal  Credit  benefits  housing  benefit  tax  child  tax  working  tax  fairness  Generationengerechtigkeit  u-25  living  wage  minimum  wage  JSA  ESA  Disabled  PR  spin  doctor  corporate  state  neoliberalism  neoliberal  Privatisation  WCA  manufactured  consent  propaganda  populism  stigma  short-term  dogma  IMF  OECD  poverty  trap  Food  Bank  child  poverty  poverty  poverty  ideology  technocrat  policy  folly  policy  error  Jeremy  Hunt  NHS  public  health  policy  public  health  health  care  budget  health  care  spending  health  crisis  chronic  diseases  mental  health  mental  illness  sick  population  prevention  Big  Sugar  Legacy  inequality  Gini  coefficient  income  mobility  social  mobility  STEM  education  policy  industrial  policy  knowledge  economy  Makers 
august 2015 by asterisk2a
The Guardian view on welfare reform: death and the benefit system | Editorial | Comment is free | The Guardian
[I]f he wants to get more sick people working he must take the time to get the policy right. It is a matter of life and death [...] Instead, after fighting tooth and nail against the releasing the information at all, the numbers came in such sparse form that they were hard to make sense of. Whitehall always likes to leave awkward MPs and FoI requesters wishing they’d asked a slightly different question. [...] Treading carefully in welfare reform really can be a matter of life and death. Sadly, careful treading isn’t the Duncan Smith way. Against expert advice, he rammed through the WCA – which he now suggests needs another overhaul – at breakneck speed. He lost control of a caseload that had previously been falling, and his universal credit is so far off-track that it will not be completed during this parliament. // &! bit.ly/1EpRXDQ &! bit.ly/1Ik0ovC &! bit.ly/1fJlfSe &! bit.ly/1WOV3ra
DWP  Iain  Duncan  Smith  austerity  George  Osborne  David  Cameron  dogma  PR  spin  doctor  neoliberalism  neoliberal  Privatisation  budget2015  Disabled  vulnerable  JSA  ESA  benefits  sanctions  transparency  accountability  Career  Politicians  No  Representation  Freedom  of  Information  Act  Universal  Credit  welfare  state  Public  Services  Social  Services  WCA  Conservative  Party  Tories  Toff  Establishment  Privileged  corporate  state  corporate  media  manufactured  consent  stigma  prejudice  populism  propaganda  mental  health  mental  illness 
august 2015 by asterisk2a
Thousands have died soon after being found ‘fit to work’ by the DWP’s benefit tests - UK Politics - UK - The Independent
The Department for Work and Pensions battled for months not to release the numbers, with its chief minister Iain Duncan Smith at one point telling Parliament they did not exist. [...] "What lies behind these figures is a cruel climate generated by some politicians and sections of the media that seeks to demonise those in need and undermine public confidence in our welfare state," [...] In 2012 a government advisor appointed to review the Government’s Work Capability Assessment said the tests were causing suffering by sending sick people back to work inappropriately. // [ privatisation and profiteering ] // Mr Duncan Smith arguing that the previous cash level created a “perverse incentive”. // &! bit.ly/1Ik0ovC &! bit.ly/1fJlfSe - More than 80 people a month are now dying after being declared ‘fit for work’. The safety net that used to be there for the most vulnerable is being torn to shreds [...] stopped using the term social security and replaced it with “welfare”.
DWP  Iain  Duncan  Smith  David  Cameron  manufactured  consent  propaganda  populism  welfare  state  fairness  Generationengerechtigkeit  Disabled  vulnerable  mental  health  well  being  George  Osborne  Conservative  Party  PR  spin  doctor  poverty  food  poverty  poverty  trap  child  poverty  austerity  benefits  Social  Services  Public  Services  NHS  Toff  Establishment  Privileged  dogma  ideology  Career  Politicians  transparency  accountability  oversight  Freedom  of  Information  Act  No  Representation  short-term  view  discourse  debate  awareness  stigma  perception  image  corporate  media  Lügenpresse  budget2015  ESA  JSA  sanctions  safety  net  neoliberalism  neoliberal  Privatisation 
august 2015 by asterisk2a
Jobseeking Surrounded By Fictions, Myths And Convenient Narratives | Welfare Weekly
It is worth remembering that the origin of the social welfare payments by the state was to stop these kinds of moral judgements being made about a deserving and an undeserving poor. The state officially supports the stereotype of sympathy for the ‘deserving poor’ and scorn for the near criminality on the part of ‘scroungers’. [...] unemployed people are forced to drink this [Tories] cool-aid or face destitution. [...] Underlying all this is the deeper fiction that individuals are responsible for their own state of unemployment. [...] There is a broader change in the world of work, - neo-liberalism - whereby the rules developed at the height of the industrial revolution are now fully circumvented by employers [...] transfer the risk and responsibility around labour from the organisation (and state - ie keeping national workforce competitive through various means of education) to the individual. [...] leading 2 lowest common denominator regulation. [short-term, price fight, dereg]
DWP  Iain  Duncan  Smith  George  Osborne  David  Cameron  PR  spin  doctor  welfare  state  austerity  benefits  JSA  ESA  manufactured  consent  populism  propaganda  dogma  ideology  Career  Politicians  No  Representation  Public  Services  Social  Services  unemployment  vulnerable  Disabled  child  poverty  poverty  trap  poverty  food  poverty  tax  credit  child  tax  credit  working  tax  credit  minimum  wage  living  wage  budget2015  sanctions  UK  job  market  labour  market  precarious  work  Zero  Hour  Contract  Contractor  Sozialer  Abstieg  squeezed  middle  class  self-employment  mobility  downward  mobility  income  mobility  Gini  coefficient  education  policy  vocational  education  professional  education  corporate  media  corporate  state  neoliberalism  neoliberal  freelancing  freelance  Gig  Economy  insecurity  underemployed  structural  unemployment  participation  rate  long-term  unemployment  youth  unemployment  employability  employabilitie  employment  recovery  Service  Sector  Jobs  Niedriglohnsektor  manual  labour  job  creation  job  security  on  job  training  Trainee  apprenticeships  Toff  Privileged  Establishment  minority  exploitation  Student  Maintenance  Grant  Maintenance  Allowance  mature  economic  history  trickle-down  economics  part-time  corporate  tax  rate  tax  evasion  tax  avoidance  fairness  tax  income  tax  Generationeng 
august 2015 by asterisk2a
Iain Duncan Smith sets his sights on mentally ill benefit claimants | News | The National
TOO many people with __“common” mental health problems__ are reliant on the state, [DWP] Iain Duncan Smith claimed yesterday. The Minister was speaking ahead of a major shake-up of the ESA benefit. He claimed the system was too “binary” and argued people with mental health problems would benefit from working. The SNP said his shake-up would force more people into hardship. In the speech, which was behind closed doors, IDS made no policy announcements, rather policy intentions. [...] [ putting it into the light of abuse of the 'system' >> ] Two absolutes equating to one perverse incentive[.] “This needs to change – things are rarely that simplistic. [ he already cut ESA warg ] &! youtu.be/BYAf5DuWaC0 "how much work can u do till u get treatment" - so much abt speech not being policy. never does he mention the stretched NHS&GP system especially mental health services. Will outsource assessment (profiteering) with quotas 2 meet, business as usual. &! bit.ly/1hEFIcS
Iain  Duncan  Smith  benefits  ESA  JSA  mental  health  mental  illness  sickness  benefit  DWP  stigma  prejudice  public  image  public  perception  PR  spin  doctor  David  Cameron  poverty  trap  poverty  George  Osborne  welfare  state  social  safety  net  child  poverty  Disabled  vulnerable  working  poor  precarious  work  Precariat  NHS  austerity  manufactured  consent  propaganda  populism  corporate  media  corporate  state  neoliberalism  neoliberal  snap  judgement  Conservative  Party  social  contract  Career  Politicians  No  Representation  dogma  ideology  social  tension  social  cohesion  fairness  Generationengerechtigkeit  UK  Toff  Establishment  Privileged  Lügenpresse  mainstream  media  media  conglomerate  News  Corp.  News  Corporation  Rupert  Murdoch  phone  hacking  Westminster  journalismus  investigative  journalism  journalism 
august 2015 by asterisk2a
Is Channel 4's Benefits Street 'poverty porn'? - Newsnight - YouTube
misrepresentation of minority and under-represented who usually have no voice, are not heard. but exploited, in opportunistic way. // "The villain is the system that makes/forces them to live such a life." // subsidizing poverty wages. // // welfare state disproportionate debates and displayed to CEO pay and tax evasion and avoidance (size/cost of 1 year of tax evasion/avoidance = 1 parliamentary term of welfare state budget) and working poor and precarious working conditions. // Its the easiest thing to do vs the hardest thing to do - for Career Politicians. and charging hard against corporate and private tax evasion and avoidance, does NOT fill your parties funds and galas in london, and it does not make emotional headlines for tabloids to exploit.
corporate  media  benefits  welfare  state  UK  populism  propaganda  vulnerable  Disabled  corporate  state  manufactured  consent  public  image  public  awareness  public  debate  public  discourse  austerity  dogma  ideology  George  Osborne  Iain  Duncan  Smith  DWP  JSA  ESA  Tabloid  neoliberalism  neoliberal  exploitation  society  social  safety  net  distortion  Tories  Conservative  Party  Toff  Privileged  opportunist  Opportunism  Establishment  poverty  child  poverty  food  poverty  poverty  trap  babyboomers  fairness  Generationengerechtigkeit  minority  public  perception  bias  prejudice  snap  judgement  working  poor  precarious  work  Precariat  tax  credit  child  tax  credit  working  tax  credit  tax  free  income  minimum  wage  budget2015 
august 2015 by asterisk2a
SOCIOLOGY - Alexis De Tocqueville - YouTube
// money is not way to judge a life and value of a life and person. status is no reference point for you in society at large. and no way to submit to any person. // expectations and being let down - election campaign promises. // true freedom of mind, critical thinking, // certain pains need to be expected. stoic way of life. ... democracy can be awful and messy. because you give ultimate authority to everyone. << Open Source too.
democracy  sociology  history  No  Representation  voter  turnout  Career  Politicians  lobbyist  lobby  Lobbying  Wall  Street  crony  capitalism  capitalism  bailout  systemic  risk  systemicrisk  social  contract  political  theory  society  value  judgement  prejudice  label  inequality  apathy  income  mobility  social  mobility  Gini  coefficient  Psychology  civic  life  civic  society  civic  good  Zivilgesellschaft  Zivilcourage  meritocracy  meritocratic  critical  thinking  manufactured  consent  dogma  propaganda  populism  common  sense  corporate  state  Open  Source  community  management  Pressefreiheit  Meinungsfreiheit  corporate  media 
august 2015 by asterisk2a
Will Advances in Technology Create a Jobless Future? | MIT Technology Review
Who Will Own the Robots? - We’re in the midst of a jobs crisis, and rapid advances in AI and other technologies may be one culprit. How can we get better at sharing the wealth that technology creates? // BY MARTIN FORD - The Great Divide: Unequal Societies and What We Can Do About Them BY JOSEPH E. STIGLITZ &! Inequality: What Can Be Done? BY ANTHONY B. ATKINSON &! The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies BY ERIK BRYNJOLFSSON AND ANDREW MCAFEE // &! Paul Krugman - “A lot of what’s happening [in income inequality] is not just the gods of technology telling us what must happen but is in fact [due to] social constructs that could be different.” - gov policy, corporate policy (ie 4-day work week and 6-hour days because productivity and profit margin do allow for that, and more brings diminished returns etc etc but will that go down well with Wall Street?)
Universal  Basic  Income  tax  evasion  tax  avoidance  crony  capitalism  shared  economic  interest  AI  Software  Is  Eating  The  World  marketplace  efficiencies  mobile  homescreen  mobile  phone  commodity  business  commoditization  Service  Sector  Jobs  Niedriglohnsektor  Future  of  Work  Creatives  Creative  skill-biased  technological  change  skills  gap  skill  mismatch  education  policy  Makers  4-day  week  6-hour  day  productivity  output  gap  secular  stagnation  squeezed  middle  class  working  poor  precarious  1099  Economy  Gig  Economy  self-employment  Zero  Hour  Contract  Contractor  on-demand  convenience  outsourcing  job  creation  job  market  labour  economics  labour  market  neoliberalism  neoliberal  Wall  Street  profit  maximisation  shareholder  value  capitalism  inequality  capital  gains  1%  Super  Rich  meritocracy  meritocratic  tax  code  tax  tax  free  welfare  state  tax  credit  Public  Services  Social  Services  austerity  dogma  manufactured  consent  propaganda  populism  lobbyist  lobby  Lobbying  PR  spin  doctor  Robotics  3D  printing  Manufacturing  STEM  industrial  policy  automation  self-driving  cars  autonomous  car  marginal  cost  economics  of  abundance  safety  net  Gini  inequality  technological  technological  labour  capital 
august 2015 by asterisk2a
'There was a danger the BBC could go broke unless urgent action was taken' | Media | The Guardian
[ UK schafft sich selbst ab ] The BBC was forced to get tough in its negotiations with George Osborne – and still faces ideological threats, Ray Snoddy reveals in this extract from a new book // 'BBC warned George Osborne it would have to axe BBC2 and BBC4 due to cuts'. Corporation also said it would have to shut local radio stations if Treasury did not provide funds to offset the cost of free TV licences for over-75s, claims new book - bit.ly/1gWv0xo - Hall has insisted that the negotiations resulted in “a strong deal for the BBC”, but both sides have been criticised for agreeing the deal behind closed doors.
British  Broadcasting  Company  BBC  Tories  budget2015  ideology  dogma  austerity  neoliberalism  neoliberal  Privatisation  Conservative  Party  smoke  mirror  populism  propaganda  manufactured  consent  corporate  state  corporate  media  Lügenpresse  News  Corp.  News  Corporation  Rupert  Murdoch  Toff  Establishment  Privileged  democracy  Public  Services  social  contract  political  theory  No  Representation  Career  Politicians  Opportunism  opportunist  Iain  Duncan  Smith  DWP 
august 2015 by asterisk2a
Jaguar Land Rover urged to give assurances over 36,000 British jobs | Business | The Guardian
[ Tories economic policy for the future is the small state, and nothing else, its the short-term dogma and ideology of the Tories. ] // JLR said it had turned down other locations in Europe, the US and Mexico in favour of Nitra because of a strong supply chain and good infrastructure. Poland has claimed that Slovakia offered high state subsidies to win the factory, which it was not prepared to match. Slovakia has already attracted Germany’s Volkswagen, South Korea’s Kia and France’s PSA Peugeot Citroën, which together build hundreds of thousands of cars in the country each year. The average hourly labour cost in Slovakia is below €10 (£7), less than half that of Britain, according to Eurostat figures. The plant could help reduce JLR’s reliance on Britain, where it had to offer an improved pay and pensions deal last year to avoid strike action.
capitalism  profit  maximisation  Wall  Street  shareholder  value  competitiveness  UK  industrial  policy  added  value  Manufacturing  STEM  George  Osborne  budget2015  Makers  austerity  ideology  dogma  David  Cameron  education  policy  vocational  education  Student  Maintenance  Grant  working  poor  precarious  work  poverty  trap  child  poverty  social  mobility  income  mobility  Gini  coefficient  OECD  IMF  fairness  Generationengerechtigkeit  Public  Services  Services  microeconomic  policy  fiscal  policy  short-term  thinking  short-term  view  Career  Politicians  No  Representation  globalisation  competitive  competition  competitive  advantage  outsourcing  Tories  Conservative  Party  Toff  Privileged  Establishment  general  election  2015  election  campaign  promises  propaganda  corporate  state  corporate  media  PR  spin  doctor  populism  manufactured  consent 
august 2015 by asterisk2a
Obese people and drug users who refuse treatment could have benefits cut | Society | The Guardian
A nanny state for those that cost the state (directly, and now), because it fits their message 'only work pays'! what a double standard. what a intellectual dishonesty and cynicism. And again putting it like it is a 'lifestyle choice' being addicted and or obese. That one chose consciously, in order not to 'work.' // if people work, and are overweight, have diabetes, obese, high blood pressure, take statins, runing their liver long-term with alcohol abuse (functioning alcoholic, drug user) etc etc - costing the NHS especially long-term (sick population) - it is ok, but if they don't work. it's not ok. // after all, substance abuse, in majority of cases has a mental health (history) & social environment (nurture) component to it. Much complexity to it. And cutting services to actually help & prevent people going down the route of abuse doesn't help. Cutting A, putting it back in B. // &! bit.ly/1JACXDU - UK proposals to strip obese claimants of benefits 'flawed and unethical'
double  standard  David  Cameron  George  Osborne  obesity  epidemic  overweight  obesity  alcohol  abuse  alcoholism  addiction  budget2015  austerity  neoliberalism  neoliberal  ideology  dogma  Toff  Privileged  child  poverty  poverty  trap  food  poverty  poverty  DWP  Iain  Duncan  Smith  sick  population  welfare  state  Public  Services  Social  Services  tension  cohesion  NHS  health  policy  health  PR  relations  spin  doctor  populism  propaganda  nanny  state  manufactured  consent  Career  Politicians  No  Representation  mental  health  mental  illness  Perspective  complexity  prevention  corporate  state  corporate  media  ethics  ethical  beliefs  moral  beliefs  morality  moralhazard  ethical  intrinsic  motivation  identity 
july 2015 by asterisk2a
Budget 2015: Tax credits and housing benefit to be cut for families with more than two children - UK Politics - UK - The Independent
Automatic entitlement to housing benefit for jobless 18-21 year-olds will be scrapped. // http://www.bbc.co.uk/programmes/b0622rr9 - Young, Homeless and Fighting Back // bit.ly/1KyvT9s - Reports have suggested the Conservatives previously tried to introduce a ban on housing benefit for young people, but that this was blocked by the Liberal Democrats. // &! bit.ly/108krPM - David Cameron wants 3 million more young apprentices, and plans to slash unemployment benefits for 18-21 year-olds to fund them. But is this a reform too far? // &! bit.ly/1I90NCq - There’s that stupid expression “life-style choice” [ language shapes thought ] // &! lack of affordable housing and social housing for those dependent of assistance makes large swathes of the country a no-go zone of sort - bit.ly/1HBGFra &! bit.ly/1IeTZbx // &! bit.ly/1MvX0Ch &! bit.ly/1DO7s34 &! bit.ly/1RlZlpS &! bit.ly/1flblqD &! bit.ly/1GVZJB6 &! bit.ly/1DarXf5
Housing  Benefit  lost  generation  UK  budget2015  Toff  Establishment  fairness  Tories  Privileged  social  mobility  downward  mobility  income  mobility  Gini  coefficient  welfare  state  Public  Services  Services  youth  unemployment  NEET  deprivation  Perspective  social  safety  net  manufactured  consent  ideology  dogma  propaganda  populism  minority  corporate  media  Lügenpresse  PR  relations  spin  doctor  David  Cameron  George  Osborne  child  poverty  food  poverty  poverty  trap  poverty  social  tension  social  cohesion  neoliberalism  neoliberal  Conservative  Party  2015 
july 2015 by asterisk2a
Recruiting foreign nurses 'frustrating and expensive' - BBC News
It is "distracting, frustrating and expensive" to have to recruit large numbers of nurses from overseas, the head of a leading NHS hospital says. [...] Around 7,500 nurses from countries such as Spain, Romania and Italy registered to work in the UK last year. [...] Addenbrooke's believes it costs £3,000 to recruit each nurse from elsewhere in the EU. New arrivals are given their first month's accommodation and also £400, so long as they stay for 18 months. // &! bbc.in/1giuPwP // &! bbc.in/1GXqFzb - UK 'raiding countries' for nurses --- May 2010 ( budget - bit.ly/1LPhnMa ) cutback in training places, felt now. Short-termism! 5 years and you feel what was was cut & will make up for it years to come because of the continued chronic underfunding of places to fill the needs.
NHS  austerity  UK  Public  Services  Social  Services  George  Osborne  David  Cameron  budget  deficit  Tories  Conservative  Party  Career  Politicians  No  Representation  short-term  thinking  short-term  view  policy  folly  policy  error  GP  Makers  welfare  state  dogma  ideology  populism  corporate  state  propaganda  manufactured  consent  2015 
july 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
SNP takes to opposition seats after blasting Labour for welfare bill stance | Politics | The Guardian
bbc.in/1LrYIr3 &! bit.ly/1IaWfuj - Labour’s welfare confusion mirrors society’s wider dilemmas - Divisions within the party reflect the fact the rhetoric of hostility to austerity is not enough but the range of options is small // &! bit.ly/1Lrf5UR - Labour’s capitulation on welfare reveals the vacuum in its soul - The leadership’s failure to oppose benefit cuts is a misreading of the electoral runes and a damaging revelation that the party has nothing positive to say
SNP  UK  Scotland  Westminster  Career  Politicians  No  Representation  austerity  Hollyrood  England  ideology  dogma  Toff  Establishment  Privileged  fairness  Labour  Party  general  election  2015  election  campaign  promises  budget  deficit  recovery  fiscal  policy  monetary  policy  microeconomic  policy  macroeconomic  policy  Makers  policy  folly  policy  error  short-term  thinking  short-term  view  opportunist  Opportunism  Principle  manufactured  consent  propaganda  populism  corporate  state  corporate  media  media  conglomerate  Lügenpresse 
july 2015 by asterisk2a
Is this the end for the Freedom of Information Act? - BBC News
The commission's remit is to look at two substantive issues that officials keep complaining about: "whether the operation of the Act adequately recognises the need for a 'safe space' for policy development and implementation and frank advice", and whether complying with the act is too much of a burden. [...] The safe space? So what about the "safe space" arguments? Under current law, section 35 of the Act allows the withholding of policy development work, private office communications & letters between ministers. If that isn't enough, section 36 allows ministers to withhold other information that would undermine the safe space for discussion. [...] That is, more or less, the information that a good transparency law should publish. It is supposed to help us find cover-ups, incompetence and crookedness by the powerful. [...] there have been no individual releases that have actually caused any problems. [well, if u dont know what 2 ask 4 specifically, u dont ask #insider #whistleblower ]
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july 2015 by asterisk2a
Draw up 40% cuts plans, George Osborne tells Whitehall departments - BBC News
The Treasury said "large savings" would be required of unprotected departments, which have been asked to model two scenarios: of 25% and 40% cuts to their budgets by 2020. The BBC's economics editor Robert Peston said what was being proposed would require a reinvention of some services taken for granted by the public. Mr Osborne has already unveiled £12bn of welfare savings plus £5bn of tax avoidance prevention measures - which together with the £20bn of departmental spending cuts make up the £37bn figure earmarked to get government finances back in the black. [...] "It is incredibly bad economics to compare household finances and state finances." "This is the stuff of public-service reinvention, not efficiency." bbc.in/1TOnEdG [...] Spending limits will be set for government departments, which will also be asked to examine the way they manage their assets and consider privatisation and contracting out where necessary. [
austerity  George  Osborne  UK  budget2015  Public  Services  Social  Services  dogma  ideology  fairness  welfare  state  society  economic  history  recovery  macroeconomic  policy  microeconomic  policy  output  gap  productivity  education  policy  David  Cameron  Tories  Conservative  Party  Toff  Establishment  Privileged  Privatisation  outsourcing  corporate  state  corporate  media  media  conglomerate  neoliberalism  neoliberal  liberal  economic  reform  propaganda  populism  manufactured  consent  economic  model  trickle-down  economics  IMF  OECD 
july 2015 by asterisk2a
Mark Blyth Mackenzie Lecture 2015 – Austerity and the Politics of Money - YouTube
too big to bail, thus stick it to the countries individually. // Draghi Put - LTRO, LTRO 2, ELA, what ever it takes, TLTRO, // 5trn (40% of EU GDP) put into banks since the crisis (as of 2013). // NPL (via stress test) - 1.22trn in NPL in EU banking system as of 2013. // TINA - there is no alternative (same with UK budget2015) - bbc.in/1N3hrdu &! Angela Merkel "Alternativlos" // bailed out the assets (income for banks via mortgages, loans, businesses loans and credit lines, insurance policies, 401ks, pension fund contributions) of the top 20-30% of the income distribution. austerity is put on the bottom 70-20% of the income distribution. a bailout not just of the banks, the system, but also the top 20-30%, the Super Rich, 1%, the Establishment, the Privileged, the babyboomers, the pensioners. ... and add QE, you really reflate/bail out the 1% ... 10% ... 20%, their pensions, investments, and so forth. // this was and still is a Class specific Put Option for those with assets!
Mark  Blyth  austerity  bailout  book  GFC  ECB  toobigtofail  TBTF  bank  bailout  too  big  to  bail  sovereign  debt  crisis  PIIGSFB  zombie  banks  ZIRP  NIRP  QE  financial  repression  economic  history  dogma  ideology  crony  capitalism  European  Union  Troika  Eurogroup  NPL  reflate  reflation  unknown  unkown  unintended  consequences  deregulation  self-regulation  regulation  regulators  complexity  oversight  investment  banking  shadow  banking  banking  crisis  financial  literacy  financial  market  financial  crisis  Wolfgang  Schäuble  MarioDraghi  equity  bubble  asset  allocation  distortion  inflation  targeting  inflation  expectation  European  Commission  European  Parliament  Angela  Merkel  GroKo  lenderoflastresort  Germany  banking  EuroFin  IMF  OECD  academia  academics  M3  monetary  policy  monetary  transmission  mechanism  Richard  Koo  debtoverhang  deleveraging  balance  sheet  recession  fiscal  stimulus  fiscal  policy  Pact  Schuldenbremse  spin  doctor  PR  manufactured  consent  propaganda  Lügenpresse  populism  corporate  media  deflationary  deflation  secular  stagnation  debt  monetisation  debt  monetization  Super  Cycle  budget2015  George  Osborne  Tories  Conservative  Party  Generationengerechtigkeit  fairness  No  bubble  asset  bubble  R 
july 2015 by asterisk2a
Credit Booms & Credit Busts - YouTube
// financial cycle twice as long as business cycles (which is on top, like an inverted pyramid). // financial markets are not self-stabilising // better make policy on caution, that if you don't act you will cause more long-lasting economic damage by curbing one obvious bubble not in (ie uk property bubble - people who have difficulty serving their interest payment) // QE does not facilitate loan growth in times of balance sheet recession - Richard Koo // QE is reflationary and currency war, downside size unknown - look Richard Koo, state has to pick-up shortfall of demand // // There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the “macroprudential” orientation of regulatory and supervisory frameworks. [Dr. Claudio Borio @ BIS], one could even say that “we are all macroprudentialists now”. And yet, a decade ago, the term was hardly used. What does it mean?
BIS  equity  bubble  speculative  bubbles  credit  bubble  asset  bubble  property  bubble  macroprudential  policy  macroeconomic  policy  ZIRP  NIRP  QE  Taper  unintended  consequences  unknown  unkown  complexity  bond  bubble  Student  Loan  debt  debt  regulation  oversight  governance  BOE  simplicity  incomplete  information  academia  academics  economist  behavioral  economics  behavioral  finance  economic  history  systemicrisk  EuropeanSystemicRiskBoard  financial  market  sustainable  sustainability  mortgage  market  UK  USA  China  speculative  speculation  contagion  monetary  policy  unconventional  monetary  policy  monetary  theory  modern  monetary  theory  credit  boom  financial  cycle  Makers  policy  folly  policy  error  Career  Politicians  short-term  thinking  short-term  view  political  economy  political  theory  centralbanks  economic  damage  economic  model  Richard  Koo  animal  spirit  austerity  monetary  transmission  mechanism  robertshiller  Robert  Shiller  ideology  dogma  sovereign  debt  crisis  populism  corporate  state  manufactured  consent  Lügenpresse  BOJ  Fed  currency  war  currency  debasement  ECB  negative  real  interest  rate  Japan  hunt  for  yield  irrational  exuberance 
july 2015 by asterisk2a
Inequality and the Challenge of Employment - New Economic Thinking - YouTube
intrinsic motivation, fairness, social animal - social comparison (is encoded into the brain) - status anxiety // self-interest mostly wins over ethics/moral values? // trust between principle & agent // org structure and inventive - ie bonus variable attracts more selfish people and risk takers // justice and fairness is critically important - not only in orgs but also democracies //&! Natural rate theory (equilibrium) - service sector jobs (unskilled manual labour jobs) w minimum wage and not higher. and flexible wages with no minimum wage (USA) create working poor/inequality. institutional change - economists are not just analysts they also affect policy makers (think tanks). // austerity hurts equality/social mobility = economic long-run damage to potential (thus output gap and productivity loss) - lack of supply of able workforce to create added value products & services. trickle-down not helping. //&! tax code unfair, lower capital gains tax than on earned (labour) income
inequality  Gini  coefficient  social  mobility  income  mobility  intrinsic  motivation  fairness  human  resources  HR  management  people  management  well  being  philosophy  Alain  de  Botton  happiness  index  Selbstfürsorge  self-awareness  self-actualization  Maslow  socioeconomic  status  status  anxiety  social  status  workplace  work  environment  beyond  workplace  drama  chronic  stress  shareholder  value  profit  maximisation  shared  economic  interest  economic  damage  wage  growth  income  growth  income  gap  gender  pay  gap  glass  ceiling  glass  cliff  gender-based  discrimination  gender  inequality  trust  labour  economics  labour  market  microeconomic  policy  behavioral  economics  Organizational  behavior  organization  skill-biased  technological  change  job  market  minimum  wage  living  wage  equilibrium  sticky  wages  liberal  economic  reform  neoliberal  neoliberalism  underemployed  Workers  Union  macroeconomic  policy  unemployment  skills  gap  education  policy  vocational  education  poverty  trap  student  debt  student  loan  downward  mobility  welfare  state  Higher  income  inequality  Privileged  Middle  Class  Sozialer  Abstieg  squeezed  Public  Services  Services  child  poverty  poverty  American  Dream  output  gap  potential  output  added  value  value  creation  capital  skills  human  capital  dehumanisation  subhuman  trickle-down  economics  dogma  ideology  austerity  policy  error  policy  folly  UK  state  capital 
july 2015 by asterisk2a
The escape from the balance sheet recession and the QE trap: An interview with Richard Koo - YouTube
"deflationary" is a symptom of balance sheet recession, deleveraging, debtoverhang ... of the private sector, corporate sector (& public gov sector) (to repair balance sheet). inflation of price of goods 2 live is still existent. you cant eat laptops. inflation is still present. actions of private sector, corporate sector to repair balance sheet (and even public sector, all three together) is deflationary. // UK! interesting is that consumer still borrows ie via credit card and mortgages. // question is how long UK can run such a big current account deficit. somebody has to pay for it, if not the gov with debt, then it has to be the private sector. as long as it can serve debt payments, as long as it has wage growth (increase of productivity, closing of output gap). But job creation during recovery was mostly Service Sector Jobs & self-employment. Not added value STEM. // corporate sector will not, in the long-run, pay for current account deficit w debt. &! youtu.be/EhYvaMc3f44
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july 2015 by asterisk2a
Staatsverschuldung als Problem der Generationengerechtigkeit | Lars P. Feld | SWR Tele-Akademie - YouTube
henry paulson and tim geithner said they are in a moral hazard. put it the way to either nationalise (aka the end of American Dream, Failure part of capitalism) or bailout (gov loans and co like TARP). Rather the moral hazard was to either put current and future unborn generation in debt servitude they had nothing to do with and keep criminals private with all its benefits. Or really give a warning shot a privatise banks and end the profligacy of crony capitalism and Wall Streets shareholder value creation only and profit maximisation - without consequences. // and Europe looks towards USA and did the same; made banks whole again (because they were really - TBTF - and would pushed some EU countries into Great Depression/Insolvency. especially France & Belgium where bank liabilities were too big for public balance sheet) and took some of the debt onto its public balance sheet (and gave bailout loans) to be served by current & future unborn generation.
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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
Killing the European Project - The New York Times
[3rd Bailout, post-referendum, even more austerity requests and liberal economic reforms and selling of state assets and privatisation - than Syriza had on its plate after it got elected on an anti-austerity platform, tried to negotioate, Eurogroup didnt budge, referendum was called and corralito/capital controls/bank holiday for now over 2 weeks, ... just to get money to pay off EFSF, IMF and ECB, ... ] Paul Krugman geht in der "New York Times" hart mit der Euro-Gruppe ins Gericht. Deren Forderungen gegenüber Griechenland seien verrückt. "Der Hashtag #ThisIsACoup bringt es genau auf den Punkt", so Krugman. Besonders Deutschland sei dabei, das europäische Projekt zu töten.
Paul  Krugman  European  Union  Grexit  Greece  2015  Syriza  Troika  Eurogroup  Wolfgang  Schäuble  Angela  Merkel  Jean-Claude  Juncker  IMF  ECB  MarioDraghi  ChristineLagarde  Germany  FrancoisHollande  France  Leadership  vision  Career  Politicians  No  Representation  compromise  political  error  policy  folly  austerity  dogma  ideology  haircut  debt  jubilee  debt  restructuring  propaganda  populism  manufactured  consent  corporate  state  media  conglomerate  economic  history  common  sense  Great  Depression  lost  decade  lost  generation  European 
july 2015 by asterisk2a
Resistance is not enough – we need a whole new political vision | Zoe Williams | Comment is free | The Guardian
[ trying to pit the weak and squeezed against the weaker, on the the dole, and bread line and disadvantaged (born into extreme poverty) ] // The budget took us further down a vindictive, regressive path. But we don’t have to toe the government’s line – we need to decide how we want society to look // [ Book owen Jones - The Establishment ] // [ cutting away left and right, even those things which help long-term creating opportunity - eduction policy, vocational education, (Student Maintenance Grant) social services, mental health and well being ... ] [...] To attack first entails retaking the language, so that we aren’t constantly battling on the territory of “common sense” that has already been demarcated and controlled by someone else. Professor Danny Dorling, at the British Library’s weekend conference on London, had this suggestion, in the wake of Osborne’s appropriation of the phrase “living wage”. [ Same with re-appropriating child poverty targets ] [ intellectual scum ]
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july 2015 by asterisk2a
Cameron’s monkeys are feasting on the BBC’s nuts | Comment is free | The Guardian
‘The culture secretary, a massive fan of torture porn, had strung the director general over a meat hook and spat into his face while dressed as an old woman’ Culture secretary John Whittingdale. [...] In January 2014, when a critically endangered water lily was stolen from Kew Gardens, the former Conservative MP Louise Mensch tweeted on her Twitter, “Got to say what’s the point? Ordinary plant hardly worth saving.” The Conservatives can’t even see the point of flowers. It’s asking a lot to expect them to see the point of the BBC. It doesn’t even attract bees.
BBC  British  Broadcasting  Company  David  Cameron  George  Osborne  budget2015  austerity  Public  Services  identity  ideology  dogma  populism  propaganda  manufactured  consent  corporate  state  journalismus  investigative  journalism  journalism  newscorp  News  Corporation  News  Corp.  Rupert  Murdoch  Conservative  Party  neoliberal  neoliberalism  liberal  economic  reform 
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
Germany won’t spare Greek pain – it has an interest in breaking us | Yanis Varoufakis | Comment is free | The Guardian
Debt restructuring has always been our aim in negotiations – but for some eurozone leaders Grexit is the goal [...] To frame the cynical transfer of irretrievable private losses on to the shoulders of taxpayers as an exercise in “tough love”, record austerity was imposed on Greece, whose national income, in turn – from which new and old debts had to be repaid – diminished by more than a quarter. It takes the mathematical expertise of a smart eight-year-old to know that this process could not end well. [...] In my first week as minister for finance I was visited by Jeroen Dijsselbloem, president of the Eurogroup (the eurozone finance ministers), who put a stark choice to me: accept the bailout’s “logic” and drop any demands for debt restructuring or your loan agreement will “crash” – the unsaid repercussion being that Greece’s banks would be boarded up. [...] Wolfgang Schäuble, decided that Grexit’s costs were a worthwhile “investment” as a way of disciplining France et al,
Yanis  Varoufakis  debt  restructuring  debt  jubilee  Super  Cycle  sustainable  sustainability  Great  Depression  Greece  Grexit  lost  decade  lost  generation  PIGS  Troika  Germany  France  IMF  Angela  Merkel  ChristineLagarde  European  History  Wolfgang  Schäuble  Thomas  Piketty  ECB  MarioDraghi  Leadership  European  Union  Insolvenzverschleppung  insolvent  insolvency  austerity  economic  policy  folly  policy  error  Career  Politicians  No  Representation  dogma  ideology  propaganda  Lügenpresse  bailout  zombie  banks  populism  manufactured  consent  media  conglomerate  corporate  state  Jeroen  Dijsselbloem  Jean-Claude  Juncker  Eurogroup  EFSF  ELA  EuropeanSystemicRiskBoard  systemicrisk  toobigtofail  TBTF  too  big  to  jail  referendum  PIIGSFB  PIIGS  FrancoisHollande  academia  academic  academics  carmenreinhart  kennethlewis  Alexis  Tsipras  Syriza  Wall  Street  crony  capitalism  Podemos  Indignants  Indignados  occupywallstreet  fairness  GFC  recovery  economic  model  trickle-down  economics  economic-thought  shared  economic  interest  profit  maximisation  shareholder  value  economists  economic  damage  short-term  thinking  short-term  view 
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
Budget 2015: The return of Tina - BBC News
Tina, it would appear, is back. Forgotten Tina? The acronym for There Is No Alternative? Regularly cited by Margaret Thatcher? Thatcher? Oh, come on, it hasn't been that long since the Tories were in sole command of the UK. [ // history rhymes; Angela Merkel and her "Alternativlos." = There is No Alternative. ] George Osborne set out quite deliberately in a range of ways to suggest that there is no effective or realistic alternative to his approach. [...] It is aimed over their heads at the voters. Mr Osborne is seeking to suggest that there is a remorseless logic to his package, that only the ingrate or innumerate would oppose it.
Alternativlos  Angela  Merkel  dogma  ideology  history  Margaret  Thatcher  Career  Politicians  austerity  No  Representation  economic  history  bailout  liberal  economic  reform  neoliberal  neoliberalism  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  tax  evasion  tax  avoidance  GFC  Wall  Street  lobbyist  lobby  Lobbying  toobigtofail  TBTF  too  big  to  jail  crony  capitalism  welfare  state  Public  Services  Social  Services  added  value  job  creation  industrial  policy  education  policy  Gini  coefficient  mobility  income  mobility  downward  mobility  vocational  education  skills  gap  Future  of  Work  Software  Is  Eating  The  World  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  Aufstocker  globalisation  globalization  differentiate  differentiation  commodity  business  commoditization  borderless  flat  competitiveness  competitive  media  conglomerate  conglomerate  Lügenpresse  manufactured  consent  propaganda  populism  PR  relations  Conservative  Party  Tories  Toff  Establishment  Privileged  spin  doctor  Leadership  IMF  World  Bank  IBS  zombie  banks  George  Osborne  David  Cameron  GroKo  Germany  UK  policy 
july 2015 by asterisk2a
TTIP: EU-Parlament stellt sich hinter Freihandelsabkommen - SPIEGEL ONLINE
"Die Abgeordneten erzielten am Mittwoch einen Kompromiss. Die von Linken als undemokratisch kritisierten privaten Schiedsgerichte sollen durch ein neues System ersetzt werden, heißt es in dem Beschlusstext. Dieser wurde am Mittwoch mit 436 Ja- gegen 241 Nein-Stimmen verabschiedet. Stattdessen sollen unabhängige Gerichte über derartige Fälle entscheiden. Damit will Straßburg eine befürchtete Benachteiligung europäischer Unternehmen bei Klagen gegen Staaten verhindern." [...] Nach Einschätzung des Präsidenten des Bundesverbands der Deutschen Industrie, Ulrich Grillo, macht diese Entschließung den Weg frei "für echte Chancen und klare Regeln im transatlantischen Handel". [...] Die Verbraucherorganisation Foodwatch und die Bündnisse "TTIP unfairhandelbar" sowie "Stop TTIP" zeigten sich enttäuscht von der Resolution. Die Abgeordneten hätten damit die Gelegenheit verpasst, der Aushöhlung der Demokratie durch Freihandelsabkommen und Konzernklagerechte einen Riegel vorzuschieben, [...]
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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.
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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
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july 2015 by asterisk2a
Greek referendum no vote signals huge challenge to eurozone leaders | Business | The Guardian
It is not clear which view will prevail. The EU mainstream hoped for a yes vote, not only because it would have represented democratic assent to the euro and acceptance of austerity, but also because the Tsipras government would have come under strong pressure to stand down. Negotiations between the two sides have gone nowhere for five months and have become particularly rancorous in the past month as bailout and debt repayment deadlines came and went, // Greece and its people are not too big to fail and but banks it owed money to in Europe (mainly Germany and France) were too big to fail - and to bail out people an inconvenience and nuisance.
mainstream  media  stakeholder  media  conglomerate  propaganda  manufactured  consent  dogma  ideology  austerity  economic  history  Career  Politicians  No  Representation  Lügenpresse  Grexit  zombie  banks  bailout  TBTF  too  big  to  jail  toobigtofail  GFC  PIGS  PIIGS  PIIGSFB  democracy  Greece 
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

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