asterisk2a + dogma + labour   31

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
Brexit  campaign  Career  Politicians  David  Cameron  Boris  Johnson  Tories  Conservative  Party  nasty  democracy  UKIP  neoconservatism  neoconservatives  neoliberalism  neoliberal  trickle-down  economics  free  market  self-regulation  City  of  London  George  Osborne  Iain  Duncan  Smith  DWP  Westminster  Whitehall  No  Representation  Toff  Privileged  Establishment  dogma  ideology  demagogy  demagogue  manufactured  consent  far-right  Rechtsextremismus  Rechtsruck  right-wing  Polarisation  populism  propaganda  fearmongering  Fear  Nicola  Sturgeon  SNP  Labour  Party 
february 2016 by asterisk2a
Thousands told their pension savings could be at risk - BBC News
[ fees ] It follows fears that dozens of companies providing auto enrolment pensions are too small to survive. The BBC has also uncovered evidence that employers and workers are being deliberately misled by some providers. The government said it was aware of the issue, and was planning to take action. Independent experts claim the problem could affect up to a quarter of a million people a year who are putting their savings into so-called master trust pensions. Such schemes are popular with the 1.8 million small employers with fewer than 30 staff who are currently signing up under the auto enrolment programme. "There is a risk of these schemes falling over; there is a risk that members might lose their money," said Andrew Warwick Thompson, executive director for regulatory policy at the Pensions Regulator. However, he said scheme assets invested through asset managers regulated by the Financial Conduct Authority (FCA) would be safe. This will be "the vast majority of cases", he said.
Tories  Privatisation  self-regulation  regulation  speculation  speculative  retirement  401k  pension  scheme  pension  obligation  pension  fund  public  pension  George  Osborne  David  Cameron  DWP  Iain  Duncan  Smith  Toff  Privileged  Establishment  Whitehall  Westminster  No  Representation  Career  Politicians  dogma  ideology  microeconomic  policy  labour  market  Conservative  Party  nasty  secular  stagnation  Generationengerechtigkeit  Wall  Street  profit  maximisation  shareholder  value  Millennials  generationy  generationx  babyboomers  City  of  London  GFC  oversight  Bank  FCA  Greed  regulators  trust  free  market  neoliberalism  neoliberal  policy  error  policy  folly  HMRC 
february 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.
Tories  nasty  party  democracy  Career  Politicians  No  Representation  Toff  Privileged  Establishment  Funding  Westminster  Conservative  Labour  David  Cameron  George  Osborne  neoliberalism  neoliberal  dogma  ideology  House  of  Lords  NHS  Bursary  tax  credit  Snoopers  Charter  Evel  Trade  Union  Workers  Union  social  democracy  Opportunism  opportunist  political  economy  political  theory  PR  spin  doctor  Positioning  public  sentiment  Con  Artist  manufactured  consent  Polarisation  propaganda  populism  constituency  babyboomers  abuse  of  power  accountability  oversight  Separation  of  powers 
january 2016 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.
USA  job  creation  recovery  industrial  policy  wage  growth  wage  stagnation  UK  western  society  western  world  secular  stagnation  squeezed  middle  class  Sozialer  Abstieg  income  growth  economic  growth  disposable  income  income  distribution  income  mobility  income  inequality  income  redistribution  social  mobility  Gini  coefficient  Super  Rich  1%  discretionary  spending  zombie  consumer  credit  card  debt  credit  card  car  loan  2015  GFC  reflate  reflation  globalization  globalisation  flat  world  borderless  competitive  competitiveness  competition  low  pay  low  income  labour  market  labour  economics  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  precarious  work  Precariat  working  poor  Joseph  Stiglitz  Robert  Reich  poverty  child  poverty  food  poverty  poverty  trap  generationy  babyboomers  participation  rate  manual  labour  Millennials  retirement  mainstreet  Wall  Street  profit  maximisation  shareholder  value  tax  evasion  tax  avoidance  capital  gains  tax  corporate  tax  rate  dogma  ideology  neoliberalism  neoliberal  republicans  democrats  public  awareness  public  perception  American  Dream  post-racial  America  economic  justice  fairness  bank  bailout  TBTF  too  big  to  jail  too  big  to  bail  Generationengerechtigkeit  budget  deficit  austerity  populism  corporate  corporate  r 
october 2015 by asterisk2a
Tax credits: SNP and Conservative MPs clash over government cuts - YouTube
Natalie McGarry, the SNP's shadow disabilities spokesperson, and Conservative MP Chris Philp, a member of the Treasury Select Committee, debate the government's tax credit cuts.
tax  credit  child  tax  credit  working  tax  credit  Tories  Conservative  Party  nasty  child  poverty  poverty  poverty  trap  food  poverty  dogma  ideology  general  election  2015  election  campaign  promises  welfare  state  corporate  welfare  tax  avoidance  tax  evasion  fairness  crony  capitalism  capitalism  income  distribution  income  redistribution  marginal  propensity  to  consume  austerity  democracy  Career  Politicians  No  Representation  social  contract  SNP  Devolution  bedroom  tax  class  warfare  low  pay  job  creation  skills  gap  Gini  coefficient  income  mobility  social  mobility  social  safety  net  Westminster  education  policy  post  code  lottery  deprivation  Perspective  Perspektivlosigkeit  recovery  job  market  labour  market  labour  economics  Service  Sector  Jobs  Niedriglohnsektor  precarious  work  Precariat  general  election  2020  working  poor  secular  stagnation  wage  stagnation  wage  growth  minimum  wage  income  growth  low  income  Sozialer  Abstieg  kalte  Progression  coldprogression  2015  productivity  output  gap  George  Osborne  David  Cameron  DWP  vulnerable  Disabled  NHS  Police  Services  Public  Services  GFC  bank  bailout  budget  deficit  corporate  tax  rate  subsidies  subsidizing  short-term  constituency 
october 2015 by asterisk2a
Food banks have become a lifeline for many, but where is the way out? | Patrick Butler | Society | The Guardian
Back in September 2012, however, when Bestwood and Bulwell food bank opened, Webster did not expect to be hugely busy, confidently believing it could be “run out of a cupboard”. What happened next was terrifying: the initial trickle of referrals turned into a flood, triggered by what Webster calls “downright poverty”. After a year, volunteers were “on their knees” (though they are on their feet again now, he adds), battered not only by the sheer weight of demand, but by the shocking specificity of the deprivation and injustice they encountered: the food bank client who was sanctioned by the jobcentre (had her benefits stopped) for not attending a job search interview even though she told them she was in hospital having chemotherapy; a woman client who asked if the food bank gave out tampons; she had no money and had been forced to use newspaper instead. It troubles him that so much of their work is, on the face of it, due to avoidable failures in state provision, ...
Food  Bank  poverty  child  abuse  childhood  obesity  obesity  epidemic  obesity  health  crisis  sick  population  public  health  consumer  choice  mental  health  mental  illness  Depression  deprivation  DWP  housing  benefit  benefits  sanctions  JSA  ESA  poverty  poverty  in  old  age  child  poverty  poverty  trap  Iain  Duncan  Smith  nasty  party  fairness  austerity  Services  Social  Services  working  poor  Precariat  precarious  work  homeless  homelessness  UK  bailout  Generationengerechtigkeit  tax  evasion  tax  avoidance  job  security  labour  market  crony  capitalism  capitalism  dogma  ideology  Tories  Conservative  George  Osborne  David  Cameron  Wall  Street  shared  economic  interest  shareholder  value  profit  maximisation  corporate  welfare  subsidies  subsidizing  tax  credit  child  tax  credit  working  tax  credit  Gini  coefficient  inequality  post  code  lottery  income  mobility  mobility  downward  mobility  safety  net  welfare  state  NHS 
october 2015 by asterisk2a
Doctors, teachers, the police – public servants are demoralised | Will Hutton | Comment is free | The Guardian
To toil in the present-day NHS is thankless. [...] Whatever its merits, a workforce whose morale is already low sees it as yet more evidence that professionals’ views don’t count. Morale takes a further downward lurch. [...] Thus by 2020, the government will have imposed an unprecedented 10-year freeze in real pay across the public sector, shrunk its numbers by more than 1.5 million and offered as little upward career progression to public employees as it possibly can. A new industry of private contractors feeding off contracted-out public work will have been invented, offering even worse pay and conditions than the public sector itself. To raise taxes that might alleviate the crisis is ideologically prohibited. [...] Employees are voting with their feet. Between November 2013 and November 2014, 49,120 teachers quit – the highest rate on record. Nearly four in 10 newly qualified teachers leave after their first year. [...] [ Met warned less police officers on street ]
austerity  NHS  Public  Services  Social  Services  elderly  care  education  policy  post  code  lottery  neoliberalism  neoliberal  Privatisation  safety  net  welfare  state  Wertegesellschaft  society  Tories  nasty  party  Conservative  Toff  Privileged  Establishment  Entitlement  dogma  ideology  inequality  Gini  coefficient  mobility  income  mobility  poverty  child  poverty  poverty  trap  working  poor  Precariat  Police  fairness  Generationengerechtigkeit  tax  evasion  tax  avoidance  corporate  scandal  deprivation  Perspektivlosigkeit  corporate  welfare  Wall  Street  shareholder  value  profit  maximisation  budget  deficit  Rechtsruck  No  Representation  Career  Politicians  democracy  bank  bailout  recovery  GFC  trickle-down  economics  corporate  tax  rate  trust  community  contract  political  theory  babyboomers  Millennials  generationy  generation  rent  Polarisation  corporate  state  corporate  media  Manufacturing  service  sector  Bernie  Sanders  lobbyist  lobby  Lobbying  vested  interest  interest  groups  Jeremy  Corbyn  Labour  general  election  2020  George  Osborne 
october 2015 by asterisk2a
MPs approve Osborne's spending rules after heated Commons debate - BBC News
MPs have backed the government's new spending rules by 320 to 258 votes after a heated debate in the Commons. [...] He accused Labour of being "profligate" and wanting "to spend money we don't have and borrow for ever". >> bank bailout profligate?
Schuldenbremse  austerity  Fiscal  Pact  dogma  ideology  UK  European  Union  Wolfgang  Schäuble  Angela  Merkel  Germany  George  Osborne  David  Cameron  recovery  Tories  Conservative  Party  Policy  Makers  constituency  fairness  Generationengerechtigkeit  bank  bailout  budget  deficit  No  Representation  Career  Politicians  trickle-down  economics  neoliberalism  neoliberal  economic  history  infrastructure  investment  underinvestment  globalization  globalisation  competitiveness  competitive  crony  capitalism  corporate  scandal  accounting  scandal  capitalism  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  subsidies  subsidizing  welfare  state  social  safety  net  Gini  coefficient  inequality  income  mobility  social  mobility  Labour  Party  Polarisation  Positioning  corporate  media  corporate  state  democracy  populism  Establishment  Entitlement  Privileged  Toff  Westminster  accountability  self-regulation  regulation  deregulation  regulators  transparency  oversight  Freedom  of  Information  Act  FOI  Lügenpresse  GFC  spin  doctor  PR 
october 2015 by asterisk2a
More jobs paying below living wage - BBC News
'Prevalent' low pay The ONS figures show that the proportion of jobs paying below the living wage has grown. In 2014, young adults were most likely to be paid less than the living wage. Some 58% of jobs carried out by 18 to 24-year-olds outside of London and 48% of jobs in this age group in London were paid less than the living wage. In accommodation and food services in 2014, an estimated 65% of jobs paid less than the living wage in London and 70% in the rest of the UK. Northern Ireland had 29% of jobs paying below the living wage, the highest in the country. At the other end of the scale, 19% of jobs in the South East of England, London and Scotland paid below the living wage. [...] "These figures demonstrate that while the economy may be recovering as a whole, there is a real problem with ensuring everyone benefits, and low pay in still prevalent in Britain today."
Niedriglohnsektor  job  creation  job  market  Lohnzurückhaltung  lohndumping  low  income  Service  Sector  Jobs  working  poor  precarious  work  Precariat  Zero  Hour  Contract  Contractor  self-employment  labour  market  labour  economics  recovery  UK  disposable  income  discretionary  spending  job  security  poverty  trap  child  poverty  food  poverty  poverty  Gini  coefficient  social  mobility  income  mobility  income  distribution  income  inequality  income  redistribution  budget2015  child  tax  credit  tax  credit  working  tax  credit  tax  free  income  minimum  wage  living  wage  Education  Maintenance  Allowance  Student  Maintenance  Grant  Higher  Education  policy  post  code  lottery  vocational  professional  career  ladder  austerity  George  Osborne  2015  dogma  ideology  Tories  neoliberalism  neoliberal  Conservative  Party  PR  spin  doctor  reframing  framing  Positioning  David  Cameron  Iain  Duncan  Smith  DWP 
october 2015 by asterisk2a
Homelessness figures: Nearly 100,000 children in England 'homeless' - BBC News
Nearly 100,000 children in England are living in temporary accommodation after being made homeless, new figures show. // &! More & more student start work after graduation in low pay jobs not requiring a diploma, due to current job market/job creation situation in UK! Not hitting 21k repayment threshold - bbc.in/1OU0K3H - OBR show fewer are likely to start paying than was expected when the policy was introduced, [...] freezing the loan repayment threshold - alongside other changes such as replacing maintenance grants for poorer students with loans - will significantly increase the cost of going to university. It says this risks undermining pledges by successive governments to improve social mobility, as well as raising uncertainty in students' minds over the terms of their borrowing. //&! Higher education cuts 'risk NI being left behind' - bbc.in/1gZMrgj //&! Doctors warn Tories not to cut free school meals (child poverty, food poverty) bbc.in/1LewQrn
UK  property  bubble  Supply  and  Demand  Demand  and  Supply  affordable  housing  social  housing  Gini  coefficient  Generationengerechtigkeit  generation  rent  poverty  trap  child  poverty  food  poverty  austerity  Policy  Makers  dogma  ideology  neoliberalism  neoliberal  Tories  Conservative  Party  housing  market  Crisis  housing  benefit  benefits  welfare  state  social  safety  net  bank  bailout  fairness  social  cohesion  minority  constituency  error  folly  babyboomers  social  tension  Toff  Establishment  Privileged  Entitlement  general  election  2015  election  campaign  promises  Help  to  Buy  Scheme  excess  reserves  mortgage  market  Buy-to-Let  Right  to  Buy  Buy  to  Wall  Street  shareholder  value  profit  maximisation  inequality  Funding  for  Lending  Scheme  macroprudential  macroeconomic  microeconomics  disposable  income  discretionary  spending  debtoverhang  household  debt  recovery  2015  consumer  debt  debt  servitude  private  debt  Payday  Loans  Student  Loan  Millennials  generationy  secular  stagnation  low  income  prevention  job  security  job  market  labour  market  Niedriglohnsektor  Service  Sector  Jobs  job  creation  income  mobility  social  mobility  downward  mobility  precarious  work  Precariat  working  poor  University  vocational  education  professional  education  Maintenance  Student  Maintenance  child  Allowanc 
september 2015 by asterisk2a
The new right to buy is solving 1979’s problems at today’s expense | Gaby Hinsliff | Comment is free | The Guardian
This Thatcherite policy revival fails to recognise that the main cause of the housing crisis is affordability //&! Housing bill needs radical, long-term measures to reform the market. As well as increasing supply, the government needs to use the tax system to make buy-to-let less attractive as an investment - bit.ly/1PDxWe3
Help  to  Buy  Scheme  Buy  to  Rent  Right  to  Buy  neoliberalism  neoliberal  Supply  and  Demand  Demand  and  Supply  Tories  Conservative  Party  austerity  David  Cameron  George  Osborne  dogma  ideology  affordable  housing  social  housing  UK  2015  budget2015  Generationengerechtigkeit  generation  bank  bailout  banking  crisis  bank  crisis  trickle-down  economics  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  infrastructure  investment  underinvestment  general  election  2020  general  election  2015  election  campaign  promises  productive  investment  productivity  output  gap  commuting  disposable  income  discretionary  spending  wage  growth  wage  stagnation  income  growth  low  income  job  creation  labour  market  job  market  labour  economics  Niedriglohnsektor  squeezed  middle  class  generationy  Millennials  sovereign  debt  crisis  recovery  economic  history  household  debt  consumer  debt  debt  servitude  credit  bubble  NPL  mortgage  market  BOE  fiscal  policy  monetary  policy  macroprudential  policy  macroeconomic  policy  microeconomic  policy  Mark  Carney  financial  incentive  tax  code  distortion  Buy-to-Let 
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
Owen  Jones  Establishment  book  Toff  Privileged  lobbyist  lobby  Lobbying  UK  neoliberalism  neoliberal  GFC  Super  Rich  1%  Career  Politicians  No  Representation  social  contract  political  theory  Entitlement  Policy  Makers  bank  crisis  banking  crisis  transparency  accountability  democracy  Noam  Chomsky  oversight  Freedom  of  Information  Act  Lügenpresse  corporate  state  corporate  media  manufactured  consent  PR  spin  doctor  populism  Polarisation  Conservative  Party  Tories  austerity  sovereign  debt  crisis  inequality  income  distribution  recovery  income  inequality  gender  pay  gap  gender  inequality  dot.com  corruption  bribery  society  Gesellschaft  voter  turnout  Jeremy  Corbyn  apathy  trickle-down  economics  neoconservatism  neoconservatives  tax  evasion  tax  avoidance  Network  nepotism  Party  Funding  Trade  Union  Workers  Union  gag  order  Secret  Courts  crony  capitalism  capitalism  Wall  Street  shared  economic  interest  shareholder  value  profit  maximisation  election  campaign  promises  European  Union  USA  Monarchy  British  Empire  dogma  ideology  interest  groups  vested  interest  revolving  door  socialism  Labour  Party  majority  minority  constituency  faultlines  secular  election  stagna 
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.
Brexit  lobbyist  lobby  Lobbying  Peter  Mandelson  European  Commission  UK  European  Union  vested  interest  interest  groups  Career  Politicians  Politics  reframing  framing  geopolitics  Tories  Conservative  Party  London  Westminster  constituency  UKIP  general  election  2015  election  campaign  promises  Freedom  of  Information  Act  transparency  democracy  referendum  SNP  Labour  Party  ideology  dogma  austerity  Brussels  Polarisation  manufactured  consent  propaganda  populism  migration  immigration  Scottish  Independence  Scottish  referendum  newscorp  News  Corp.  News  Corporation  No  Representation  social  contract  political  economy  Policy  Makers  Niall  Ferguson  NiallFerguson  European  History  fiscal  Pact  Schuldenbremse  Angela  Merkel  status  quo  Eurobond  transferunion  European  Integration  Lisbon  Treaty  Crisis  Rechtsruck  Rechtsextremismus  political  folly  political  theory  political  science  political  error  short-term  view  short-term  thinking 
september 2015 by asterisk2a
Simon Hix on the election of Jeremy Corbyn as the new leader of the Labour Party - YouTube
Movement (Bobble Head of our time that captured imagination of disenfranchised part of society which became disengaged with Politics because they had no voice and no impact and no shared views) - vs - [Labour] Party (something babyboomers and pensioners could voted for (if) it is properly framed, spun, communicated over and over again that they've sold out their kids and grand children for their own gain and capture of wealth and have to change course. because their kids and grand children are on a backfoot very much, already. and can not take guaranteed the opportunities and social and capital luxuries babyboomers, post-war gen (pensioners) have enjoyed and continue to enjoy. that they have to give up some of their pie).
Jeremy  Corbyn  Labour  Party  UK  lefty  Ed  Miliband  general  election  2015  election  campaign  promises  budget2015  UKIP  voter  turnout  Precariat  Nationalism  NHS  austerity  Brexit  Workers  Union  trademark  inequality  Gini  coefficient  Generationengerechtigkeit  fairness  Middle  Class  constituency  Millennials  lost  generation  lost  decade  recovery  job  creation  market  job  market  GFC  bank  bailout  banking  crisis  investment  banking  political  theory  social  cohesion  social  contract  society  minority  majority  Tories  Conservative  Party  Westminster  London  income  growth  trust  distrust  trustagent  Establishment  Toff  Privileged  political  economy  dogma  ideology  neoliberalism  neoliberal  neoconservatism  neoconservatives  Scotland  Rechtsruck  European  2014  vulnerable  Disabled  babyboomers  Super  Rich  social  mobility  poverty  trap  child  poverty  poverty  income  mobility  Trident  Policy  Makers  trickle-down  economics  Privatisation  folly  tax  code  Soziale  Marktwirtschaft  1%  industrial  STEM  Future  of  Work  energy  No  Representation  Career  Politicians  shared  economic  interest  disenfranchise  disenfranchised  democracy  wage  stagnation  wage  growth  squeezed  Sozialer  Abst 
september 2015 by asterisk2a
Disenfranchised Voters and the Rise of Radical Populism - YouTube
inequality  squeezed  middle  class  Sozialer  Abstieg  Gini  coefficient  bank  bailout  sovereign  debt  crisis  austerity  2015  Gerechtigkeit  fairness  Generationengerechtigkeit  Rechtsextremismus  Rechtsruck  Jeremy  Corbyn  Labour  Party  Conservative  Party  David  Cameron  dogma  neoliberalism  neoliberal  political  economy  political  theory  social  tension  social  change  Bernie  Sanders  European  Union  Brexit  Grexit  Schengen  Agreement  UK  Germany  Polarisation  populism  manufactured  consent  corporate  state  corporate  media  propaganda  reframing  framing  PR  spin  doctor  fiscal  policy  monetary  policy  reflate  reflation  recovery  GFC  crony  capitalism  Wall  Street  deregulation  TTIP  self-regulation  neoconservatism  neoconservatives  democracy  No  Representation  Career  Politicians  Opportunism  opportunist  secular  stagnation  trickle-down  economics  AfD  UKIP  NPD  Xenophobia  Antisemitismus  antisemitism  European  Election  2014  campaign  promises  investment  banking  Schuldenbremse  Pact  constituency  Angela  Merkel  social  cohesion  social  contract  short-term  thinking  short-term  view  lobbyist  lobby  Lobbying  revolving  door  working  poor  debt  debt  stagnation  inequality  social  state  precar 
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.”
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september 2015 by asterisk2a
Jeremy Corbyn at TUC: 'Labour can win 2020 election' - BBC News
bbc.in/1OVSApe - Jeremy Corbyn's speech, deconstructed //&! Idealists may be appalled at the idea of spin but the Labour leader needs a press team or he risks crashing and burning even faster than anyone imagines - bit.ly/1Kehu05 //&! bit.ly/1NvnqX3 &! bit.ly/1iu0Dj9 //&! bit.ly/1KaBXFa // &! Labour was not fiscally irresponsible. Labour did let itself bully into that corner by bank bailouts with pushed the % of debt/gdp from ~45 to ~80% - Paul Krugman "n short, the whole narrative about Labour’s culpability for the economic crisis and the urgency of austerity is nonsense. [...] This still leaves the question of why Labour’s moderates have been so hapless. [...] Corbyn upset isn’t about a sudden left turn on the part of Labour supporters. It’s mainly about the strange, sad moral and intellectual collapse of Labour moderates."
general  election  2020  George  Osborne  Jeremy  Corbyn  Labour  Party  austerity  poverty  child  poverty  poverty  trap  Conservative  Party  Tories  dogma  ideology  reframing  framing  PR  spin  doctor  bank  bailout  banking  crisis  crony  capitalism  GFC  recovery 
september 2015 by asterisk2a
Jeremy Corbyn wins economists’ backing for anti-austerity policies | Politics | The Guardian
In the letter to which David Blanchflower, a former member of the Bank of England’s monetary policy committee is a signatory, the economists write: “The accusation is widely made that Jeremy Corbyn and his supporters have moved to the extreme left on economic policy. But this is not supported by the candidate’s statements or policies. His opposition to austerity is actually mainstream economics, even backed by the conservative IMF. He aims to boost growth and prosperity.” // UK can't compete with energy rich countries - ie through rebuilding (through subsidies) its industrial and manufacturing sector - it has to add value through expert services, knowledge, digital, research to existing products goods and services that then can be re-sold across the world - high energy cost, expensive transport through lack of infrastructure of the future, and lack of in-pipeline educated mobile youngster, is a structural deficit.
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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]
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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?)
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august 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
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july 2015 by asterisk2a
The Coming Crash & The Recession That Never Ended - Part 1 - YouTube
Part 2 youtu.be/SpJ4L2QGNI4 [ min 2:00 post WW2 german debt jubilee - American & Britain needed Germany as bulwark against USSR! thus Germany had leverage because it was systemic. Greece is not systemic, nor needed. Thus they openly talk, relaxed, abt Grexit. Grexit was systemic risk in the first ~3 years post GFC, because of underfunded German, Frensh and Belgian zombie banks. 6:00 PIGS generation will be disillusioned about claims of European Union unity! 7:30 austerity ] // &! Part 3 - youtu.be/FWulzJy2oXc Bernie Sanders on inequality &! social mobility, skills gap, ... make-up of USA economy is a impediment to future growth (output gap, no more 3% annually) & also part-cause of inequality ... &! Part 4 youtu.be/8wzDwU1pzpY - China may tumble bc they dont have the internal & global demand for the infrasturcture/economy they have build (debtoverhang, debt servitude) &or social uprising &! USA overreach // Forget QE, Wall Street’s new drug is the stock buyback - on.mktw.net/1HDtdUR
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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
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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
BBC iPlayer - Newsnight - 08/07/2015
"Comprehensive analysis of the Budget with Evan Davis and guests." // During the election David Cameron said child tax credit/benefit was off the list of welfare spending cuts. - broken election campaign promise // --- SHOULD BE (Labour Party Policy for next election):: make work pay and eliminate child poverty AND help people (everyone) w education and support to find better and more gainful work that lift them and the economy by producing added value products. // no path to higher wages, no path to higher productivity, no path to added value British Products export increase (manufacturing, research, STEM, ...) // low wage jobs have no to very little economic multiplier ... take into account tax credits etc and it is net-negative for state and the council //
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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
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july 2015 by asterisk2a
Budget 2015: SNP says Osborne 'taking from the poor' - BBC News
Budget 2015: SNP says Osborne 'taking from the poor'. George Osborne has been accused of being the "high priest of an austerity cult" after he set out plans to cut the welfare budget by £12bn. [...] The SNP said Mr Osborne was "taking from the poor, giving to the rich". Scottish Labour said it was a "bad budget for working families, our most vulnerable and our young people". [...] But the Chancellor said his Budget was designed to take Britain "from a low wage, high tax, high welfare economy, to the higher wage, lower tax, lower welfare country we intend to create". [ only economic industrial policy will help/incentivize to create jobs that add value - vs no multipliers in the service sector jobs (minimum wage jobs, just scrapping by, no sizable disposable income/discretionary spending) ] << "Same old Tory Budget" bbc.in/1dMStiI
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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

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