asterisk2a + dogma + environment   2

Paul Mason: what they're not telling you about housing - YouTube
- Tories isn't brave enough to stop the one way bet. Electorate preferential to those who actually vote, voted them in and are spared of most of the austerity. babyboomers and pensioners. // add Generation Rent + Student Loan Debt (Bubble) + low interest rate environment to inflate debt away + low yield for savings mean higher principle each year to put in means less discretionary spending + secular stagnation in the western world (Globalisation + Software eats the world) equals wage stagnation equals less spending power and savings power. ... ... it is a Disaster in the making, in-front of our eyes. Only those who inherited will be ok. otherwise, social mobility goes down, inequality up, ... making yourself means making hard choices (ie no kids), and bettering yourself by your own means impossible, when the whole system conspires against you.
social  housing  affordable  housing  London  property  bubble  housing  market  UK  speculative  bubbles  speculative  speculation  hunt  for  yield  ZIRP  NIRP  QE  unintended  consequences  Supply  and  Demand  Generationengerechtigkeit  fairness  generation  rent  policy  folly  Conservative  Party  David  Cameron  Toff  Privileged  Establishment  Makers  policy  error  cost  of  living  standard  of  living  living  standard  living  environment  living  spaces  urbanisation  cost  of  ownership  cost  of  entry  babyboomers  Gesellschaft  inequality  Tories  Career  Politicians  austerity  dogma  ideology  IMF  OECD  Gini  coefficient  economic  history  lost  generation  lost  decade  generationy  Millennials 
august 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

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