asterisk2a + downward   163

(1) Guest DESTROYS Bloomberg Panel On The American Dream Lie - YouTube
https://www.youtube.com/watch?v=n-2TEwdRnX0&t=416s - The New Feudalism
Beyond Corporate Social Responsibility
- Edelman Trust Barometer - 76% want change - lead by CEO, not wait for government.
Bullshit about the Aggregate.
The Aggregate bullshit you've been telling doesn't matter for fly over American country.
Davos should be cancelled this year because of Brexit, Trump (gov shutdown), Gelbwesten, AfD, Salvini, refugee crisis (Mittelmeer Wall)
Davos is a family reunion for who broke the world.
Outcomes inevitable by policy (Austerity, tax evasion etc)
&! https://www.youtube.com/watch?v=66hFqKq4fVc&feature=em-uploademail - Stop Talking about Philanthropy
taxes taxes taxes all the rest is bullshit
&! Davos elites reject higher taxes, offer upskilling as answer to inequality - https://www.reddit.com/r/Economics/comments/akbdyu/davos_elites_reject_higher_taxes_offer_upskilling/ https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12196963
American  Dream  Book  Anand  Giridharadas  Corporate  Social  Responsibility  inequality  mobility  philanthropy  CEO  bullshit  injustice  1%  democracy  No  Representation  Policy  Hoarders  10%  poverty  trap  downward  income  inheritance  taxation  tax  evasion  avoidance  China  India  Davos  Gesellschaft  Brexit  DonaldTrump  Donald  Trump  Gelbwesten  AfD  Salvini  refugee  crisis  Austerity  marginal  rate  AOC  history  neoliberal  neoliberalism  CSR  skills  upskilling  training  automation 
january 2019 by asterisk2a
Kenneth Olisa: ‘To improve social mobility, we need to raise children’s aspirations’ | Society | The Guardian
https://www.theguardian.com/commentisfree/2018/sep/18/rich-britons-inequality-poverty-social-wealth - As the rich get richer, why don’t British people care about inequality? - The solution is to invest in social wealth - The danger is that the paradox of wealth inequality becomes self-reinforcing: as wealth at the top increases, the likelihood of redistributive reform decreases. The reason is that high levels of wealth inequality bias the democratic process. Martin Gilens has documented definitively the “elite economic domination” of American politics. But similar concerns about the unequal influence of the new aristocracy have been raised in Britain.
social  income  mobility  inequality  class  UK  Austerity  1%  democracy  Brexit  AfD  PEGIDA  DonaldTrump  Donald  Trump  poverty  working  poor  downward  welfare  state 
october 2018 by asterisk2a
Families 'can't afford to follow healthy diet guidance' - BBC News
The Food Foundation says the poorest fifth of homes with children would have to spend 42% of their disposable income (after housing costs) to meet guidance set out in the Eatwell Guide.
UK  poverty  child  public  health  prevention  obesity  overweight  food  Brexit  GFC  social  trap  income  mobility  downward  inequality  FoodBank  Austerity  meritocracy  meritocratic  class 
september 2018 by asterisk2a
(11487) Is Trump REALLY a Fascist? - YouTube
Fascist Roots, Trump the product of the failure of neoliberal neoconservative capitalism to provide a better future for all.
DonaldTrump  Donald  Trump  fascism  far-right  right-wing  alt-right  neo-nazi  neonazi  nazi  Brexit  PEGIDA  neoliberalism  neoliberal  neoconservatism  Capitalism  inequality  downward  mobility  income  working  poor  poverty  trap  Austerity  GFC  secular  stagnation  stagflation  economic  history 
august 2018 by asterisk2a
(10645) Trump's New One Billion Dollar Tax Cut | The Daily Show With Trevor Noah - YouTube
Donald Trumps tax cuts hoovered up by the 1% (10%) via stock buybacks. It's a theme for that last YEARS. Years not just w Trump and Trumpian tax cut.
And after Farmer's bailout, to quell any potential moodyness pre mid-term elections, Trump team considering giving more tax cuts to the haves (inflations korrigierte capital gains tax)
DonaldTrump  Donald  Trump  wage  growth  income  USA  working  poor  buyback  stock  dividends  trickle-down  shareholder  profit  maximisation  mid-term  election  capital  gains  tax  taxcut  evasion  avoidance  American  Dream  social  mobility  downward  meritocracy  meritocratic 
august 2018 by asterisk2a
Ana Kasparian SHREDS Trump's Weak Economy + Trade War Tariffs + Farmers Bailout
US going to run 4-5% budget deficit + debt accumulation + 1% tax cuts AND hourly earnings have not risen June 2017-June 2018! https://twitter.com/MkBlyth/status/1018079719319891968 - From June 2017 to June 2018, real average hourly earnings decreased 0.2 percent, seasonally adjusted.
Combining the change in real average hourly earnings with a 0.3-percent increase in the average workweek resulted in no change to real average weekly earnings over this period. https://www.bls.gov/news.release/realer.nr0.htm
//&! https://www.youtube.com/watch?v=0gomGA1BRkQ & https://www.youtube.com/watch?v=50y463lECNY - $12bn Farmer's bailout (only for this year) to save face in mid-term elections & telling voters 'don't trust what you read and hear.' << https://twitter.com/ianbremmer/status/1021871179181838336 - "The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - George Orwell, "1984" - Donald Trump in front of Vets of Foreign Wars: "Just remember, what you are seeing and what you are reading is not what's happening"
DonaldTrump  Donald  Trump  1%  income  growth  working  poor  poverty  trap  stagnation  secular  stagflation  Fed  social  mobility  economic  history  downward  taxcut  mid-term  wage  GDP  recovery  GFC  inequality  election  elections  Farmers  bailout  tradewar  trade-war  tariffs  WTO  Brexit  China  retaliation  EU  UK  freetradedeal 
july 2018 by asterisk2a
Millions of families 'worse off' than 15 years ago - BBC News
[ decades of underinvestment across the plane of the economy, infrastructure education skills ] On the "why", research by the Foundation - which was set up to look at the problem of low incomes - reveals that the economy has struggled to create wealth for people in work.
JAM  working  poor  poverty  trap  productivity  output  gap  class  Brexit  skills  education  policy  social  income  mobility  Austerity  downward  UK  recovery  secular  stagnation  stagflation  economic  history  GFC  debt  household  disposable  globalisation  globalization  Competition  competitive  competitiveness  underinvestment  London  child  childhood  Council  public  health 
july 2018 by asterisk2a
Who's Destroying The American Dream by RSA Events
Richard Reeves - PBS did a segment w him, middle class keeps its chips to itself. also if you want more upward mobility, you need also downward mobility. possible w better welfare state net - ie UBI universal basic income. the worse inequality gets the worse reference points get.
American  Dream  book  UBI  Grundeinkommen  Universal  Basic  income  segregation  social  mobility  meritocracy  meritocratic  Brexit  DonaldTrump  Donald  Trump  USA  post-racial  BAME  UK  Germany  AfD  btw17  welfare  state  Austerity  opportunity  education  policy  taxation  tax  evasion  avoidance  economic  history  credit  taxcredit  Precariat  working  poor  poverty  trap  mental  health  public  damage  middle  class  Politics  1%  Super  Rich  Oligarchy  inequality  downward  upward 
november 2017 by asterisk2a
Budget 2017: Asset sales to thank for UK's figures? - BBC News
'we are not paying our way in the world' -- highlight the cheat the Tories are. 1 sale of national assets to lower debt. still horrible trade balance deficit now w even weaker pound. And not mentioned the recovery supported greatly by household debt bubble and mortgage party. GDP per capita, wage growth v inflation, living standard, current account deficit, underinvestment/austerity in edu and health (see imf paper), ... UK becoming a basket case.
Budget  Tories  Conservative  PFI  Assets  George  Osborne  Theresa  May  Manufacturing  underinvestment  Philip  Hammond  London  Services  nasty  party  ZIRP  NIRP  QE  household  debt  consumer  credit  card  creditcard  mortgage  housing  bubble  Productivity  output  gap  skills  STEM  education  policy  Austerity  current  account  deficit  GFC  bank  bailout  GDP  per  capita  IMF  technological  unemployment  David  Cameron  social  mobility  income  wage  growth  downward  gini  Coefficient  child  poverty 
march 2017 by asterisk2a
Budget 2017: £2bn for social care and tax rise for self-employed - BBC News
http://www.bbc.co.uk/news/business-39114211 http://www.bbc.co.uk/news/uk-politics-39214295 debt going down bc of state asset sales !!! lol like reverse PFI ! http://www.bbc.co.uk/news/uk-politics-39203784 Philip Hammon tip-toeing around the issue of self-employment disparieties and exploitation. Damaging welfare state. While at the same time going through w corp tax cut from Osborne, as well as inheritance tax cut, capital gains, banks, ... also tip-toing around the business rate increase w a temporary relieve to the discretion of each council (call that a admin & beaurocracy catastrophe and prone to abuse, why give relive fund money to one and not the other?) & nothing for NHS. And still going ahead with Triple Lock Pension and no housing benefit for young. And still going ahead w cut in real terms of edu budgets. And still going ahead w no parity in mental health RE DWP ESA limit not funding mental health conditions.
HMRC  Philip  Hammond  Theresa  May  Tories  Conservative  Party  nasty  budget  Brexit  NHS  National  Insurance  NI  adult  social  care  elderly  self-employment  tax  evasion  avoidance  Council  Austerity  ageing  population  demographic  bubble  chronic  sick  health  demand  Generationengerechtigkeit  Triple  Lock  Pension  Trickle-down  Housing  Benefit  Crisis  education  policy  IMF  homelessness  homeless  inequality  technological  unemployment  mobility  welfare  state  child  poverty  downward  income  trap  gini  Coefficient  Disabled  JAM  DWP  JSA  ESA  working  poor  squeezed  middle  class  Precariat  zero  hour  contract  part-time  PFI 
march 2017 by asterisk2a
'Parents have been asked to help clean': how budget cuts are affecting schools | Education | The Guardian
Schools in England face a squeeze in funding. We asked how it was impacting on your school – here are the responses we got [...] We can no longer afford books, pencils or computers. [...] The cuts are stopping me doing my job. They are stopping the students from learning. In a time when we should be looking to develop engaging lessons which teach students valuable life skills, I am using 20-year-old textbooks and the kids are copying information from it. It is depressing. I know what a modern curriculum should look like, I know the lessons I would like to teach. I do not have the resources to do it. Eventually this will encourage me to leave. &! https://www.theguardian.com/education/2017/mar/07/headteachers-write-to-parents-over-school-funding-and-job-cuts
UK  Brexit  Austerity  education  policy  IMF  Tories  Conservative  Party  nasty  underinvestment  NHS  grammar  schools  free  Philip  Hammond  JAM  social  mobility  inequality  poverty  trap  Theresa  May  income  attainment  gap  child  childhood  children  taxation  Generationengerechtigkeit  Triple  Lock  Pension  Privatisation  Academy  PISA  tax  evasion  avoidance  welfare  state  downward 
march 2017 by asterisk2a
Inequality report: Top 1% of Scots have more than bottom 50% - The Scotsman
The richest one per cent north of the border owns more wealth than the bottom 50 per cent, with the poorest 40 per cent of households 9.4 times worse off in 2012/14 than the top 10 per cent, compared with 8.8 times in 2010/12. The research paper found that the least wealthy 30 per cent of households “have very few assets, with employment no longer a guarantee against low wealth.”
Scotland  inequality  Gini  Coefficient  poverty  trap  working  poor  income  mobility  social  education  public  health  distribution  redistribution  Super  Rich  1%  10%  Oligarchy  Plutocracy  UK  Precariat  downward  SNP  taxation  upward  skills  skill-biased  technological  unemployment 
february 2017 by asterisk2a
UK faces return to inequality of Thatcher years, says report | Business | The Guardian
Pressure on the government to help struggling Britons has intensified after a leading thinktank warned that falling living standards for the poor threatened the biggest rise in inequality since Margaret Thatcher was prime minister.

The Resolution Foundation said Theresa May would need to make good on her pledge to support “just about managing” households as it released a report showing that rising inflation and an end to recent strong jobs growth would hit the least well-off hardest.
UK  Brexit  Austerity  tax  credit  Tories  JAM  nasty  party  Conservative  poverty  fuel  working  poor  Precariat  zero  hour  contract  Contractor  Self-Employment  gig  Economy  1099  part-time  social  mobility  income  distribution  redistribution  squeezed  middle  class  technological  unemployment  underemployed  underemployment  trap  education  policy  public  health  inequality  Food  Bank  gini  Coefficient  Triple  Lock  Pension  JSA  ESA  DWP  minimum  wage  taxation  evasion  avoidance  HMRC  NHS  inflation  living  standard  disposable  discretionary  spending  Card  consumer  debt  household  underinvestment  skills  skill-biased  Productivity  output  gap  downward  upward  Theresa  May  George  Osborne  David  Cameron  Philip  Hammond 
february 2017 by asterisk2a
The new robot revolution will take the boss's job, not the gardener's | Business | The Guardian
Advances in artificial intelligence mean a second wave of change is approaching – and it is not the low-paid service sector where jobs are most at risk // Studies have shown that technological change rather than trade has been responsible for the vast majority of the jobs lost in manufacturing in the developed world. Put simply, machines have replaced humans. Robots have taken over factories. // https://twitter.com/ianbremmer/status/822930363827757056 20/80 split. - Technology—not int'l trade—accounts for 85% of the lost manufacturing jobs in the US. Feels like it's worth the reminder. &! https://www.theatlantic.com/business/archive/2014/01/the-dark-side-of-globalization-why-seattles-1999-protesters-were-right/282831/
AI  automation  Robotics  self-driving  cars  autonomous  vehicles  squeezed  middle  class  USA  UK  technological  unemployment  UBI  Universal  Basic  Income  Grundeinkommen  economic  history  education  policy  creativity  Richard  David  Precht  Alain  de  Botton  globalisation  globalization  offshore  outsourcing  contractor  contract  zero  hour  part-time  workers  union  trade  rights  Self-Employment  gig  economy  wage  growth  neoliberalism  crony  capitalism  tax  evasion  avoidance  Competition  corporatism  monopoly  oligopol  oligopoly  1%  10%  Super  Rich  Plutocracy  Oligarchy  welfare  state  redistribution  distribution  Precariat  working  poor  downward  mobility  social  poverty  trap  Austerity  underinvestment  underemployed  underemployment 
january 2017 by asterisk2a
Independent research exposes Tory schools funding lie - YouTube
hidden cuts to education. shrinking real terms bc of inflation. some schools consider running either even bigger classes +30 or 4 day school week. // schools budget overall protected, but not from inflation.
UK  Austerity  education  policy  Ofsted  JAM  post  code  lottery  Tories  spin  doctor  poverty  trap  working  poor  Precariat  youth  unemployment  technological  social  mobility  income  downward  Gini  Coefficient  nasty  party  Conservative  Philip  Hammond  Theresa  May 
january 2017 by asterisk2a
Armutsfalle Teilzeitjob – vor allem für Frauen | FAKT | Das Erste - YouTube
zzt muss man 45 jahre vollzeit mit mindestens +11 euro die stunde arbeit. um nicht im alter in die sozialfalle zu fallen. altersarmut. altersgrundsichrung = hartz-iv im alter.
gender  pay  gap  working  poor  Poverty  teilzeit  part-time  minijob  Precariat  Precarious  altersarmut  pension  minimum  wage  mindestlohn  Germany  Liberal  Economic  reform  Austerity  UK  USA  squeezed  growth  income  downward  mobility  social  hartz-IV  ALG2 
december 2016 by asterisk2a
Housing crisis 'creates in-work poverty' - BBC News
the economy "is not working for low-income families". [...] The Resolution Foundation also suggested that the biggest losers between now and 2020 would be lower income families, with the poorest third likely to see incomes drop.
working  poor  poverty  UK  income  mobility  downward  recovery  GFC  Austerity  squeezed  middle  class  underemployed  part-time 
december 2016 by asterisk2a
Cash-strapped schools consider introducing four-day week | Education | The Guardian
Schools in West Sussex are warning they may have no option but to cut their hours – even floating the idea of a four-day week – unless they are given emergency financial help from the government.

After years of underfunding, headteachers in every primary, secondary and special school in the county have written to parents saying all the obvious cuts to school spending have already been made. Now they are considering “modifying school hours” as a last-ditch attempt to cut costs.
UK  Austerity  education  policy  staff  shortage  inequality  gini  Coefficient  social  mobility  morale  downward  squeezed  middle  class  Brexit 
october 2016 by asterisk2a
Theresa May has "no evidence" to back her grammar school plan - YouTube
studies in oecd countries show this type of education policy does not hel social mobility --- grammars 11yr olds testing. / or in germany 3 stages of testing/splitting up children (gymnasium, realschule - realschule, hauptschule) vs Gesamtschule // segregation at year 11
education  policy  UK  Germany  social  mobility  meritocracy  meritocratic  gini  Coefficient  inequality  downward 
september 2016 by asterisk2a
Barack Obama in Dallas bei Trauerfeier für getötete Polizisten: Ein Land, zwei Welten - SPIEGEL ONLINE
Dallas hat Abschied von den fünf ermordeten Polizisten genommen. Bei der Trauerfeier versuchte US-Präsident Obama, die Nation zu trösten. Doch selbst der Meisterredner erkannte: Worte allein helfen nicht mehr. [...] Denn die Ereignisse von Dallas, Baton Rouge und Falcon Heights und die bitteren Demonstrationen überall haben gezeigt: Ein tiefer Riss zieht sich durch die USA, emotional, gesellschaftlich, politisch. Ein Land - zwei Welten.

"Die tiefsten Verwerfungslinien unserer Demokratie wurden entblößt, wenn nicht noch weiter aufgerissen", sagt Obama über die fatalen Schüsse auf Schwarze und Polizisten. Man frage sich, ob sich "Amerikas Rassenfragen je überwinden" ließen. Ob stattdessen nicht das Undenkbare eintrete: "Dass die Mitte nicht mehr zusammenhält und die Dinge noch schlimmer werden."
post-racial  America  gun  ownership  gun  violence  Police  Brutality  barackobama  USA  inequality  Gini  coefficient  No  Representation  social  mobility  income  mobility  downward  mobility  prison–industrial  complex  poverty  child  poverty  prejudice  stereotype  1%  10%  20% 
july 2016 by asterisk2a
Does The Myth of Meritocracy show us how to alleviate inequality?
No debate about social mobility is complete without reference to the supposedly halcyon days of the 1950s and 1960s. The class fluidity of those decades, however, was not the result of professions becoming more meritocratic. It was caused by an unprecedented rise in the number of middle-class jobs: there was more room at the top. [...] Bloodworth writes that 21st-century society is characterised by a dwindling of professional jobs and more people slipping downwards: there is “more room at the bottom”. [...] Globalisation has created what the economist Robert H Frank calls “winner-takes-all” markets
downward  mobility  social  mobility  income  mobility  inequality  Paul  Mason  book  post-capitalism  James  Bloodworth  Gini  coefficient  income  distribution  structural  unemployment  long-term  unemployment  skill  gap  skills  gap  skill  mismatch  skill-biased  technological  change  AI  artificial  intelligence  globalisation  globalization  rising  middleclass  squeezed  middle  class  BRIC  Manufacturing  economic  history  sociology  Brexit  Identitypolitics  Identitätspolitik  career  ladder  education  bubble  education  cost  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  Robotics  Robots  automation  neoclassical  economics  Chicago  School  trickle-down  economics  trickle-down  effect  1%  10%  20%  working  poor  Precariat  credit  card  credit  card  debt  consumerism  consumerist  austerity  bank  bailout  capitalism  in  crisis  neoliberal  neoliberalism  crony  capitalism  tax  evasion  tax  avoidance  Baby  Boomers  babyboomers  Elizabeth  Warren  Joseph  Stiglitz  poverty  trap  poverty  child  poverty  rentier  rent-seeking  winner  take  all  monopoly  monopsony  conglomerate  multinational  Toff  Privileged  Establishment  No  Representation  Politicians  career  politician  Centrist  meritocracy  meritocratic  plutocracy  oligarchy  capitalism 
july 2016 by asterisk2a
House of Lords votes to keep income-related child poverty measures | Society | The Guardian
[ trying to redefine poverty! ] Iain Duncan Smith, the work and pensions secretary, announced the proposals in July, prompting dismay among child poverty charities. He said the government would scrap its measurement of child poverty and the aim to eradicate it by 2020, while replacing it with a new duty to report levels of educational attainment, worklessness and addiction. Under his plans, the old measurement, based on the percentage of households with below-average income, would continue to be published as a government statistic but would no longer be seen as a target. However, peers voted by 290 to 198 to keep the targets, in a move to prompt the House of Commons to think again. [...] [ TRICKLE-DOWN! ] David Freud, the welfare minister, opposed the amendment on behalf of the government, saying “life chances” indicators were a better way of monitoring what was happening and of directing resources most effectively to tackle the problem.
Iain  Duncan  Smith  child  poverty  poverty  David  Cameron  George  Osborne  nasty  party  Conservative  Tories  DWP  tax  credit  working  poor  precarious  work  Precariat  education  policy  deprivation  attainment  gap  post  code  lottery  general  election  2015  Manifesto  constituency  Funding  long-term  unemployment  youth  unemployment  structural  unemployment  Toff  Westminster  Whitehall  Establishment  Privileged  ESA  vulnerable  Disabled  disability  No  Representation  austerity  Council  Social  Services  Public  Services  child  tax  credit  working  tax  credit  Zero  Hour  Contract  Contractor  low  pay  low  income  minimum  wage  apprenticeships  trickle-down  economics  neoliberalism  neoliberal  self-employment  Gini  coefficient  mobility  downward  mobility  income  mobility  recovery  job  creation  squeezed  middle  class  secular  stagnation  budget2015  budget2016 
march 2016 by asterisk2a
Why Hillary Clinton’s ‘super-predator’ concession is such a big moment for political protest - The Washington Post
Clinton’s 1996 speech included some language about these so-called super-predators implying that they were a generation of guilt- and compassion-free sociopaths who, in the interest of society, simply had to be contained. [...] Clinton seemed audibly and visibly irritated, saying she would answer if allowed to speak and then, even more notably, “that no one had ever asked her that before.” Then, Clinton essentially moved on with her regularly scheduled fundraising program. There was no accounting, partial or full, for her 1996 position nor how she arrived at her 2016 stance on criminal justice reform. Moving on. [...] Clinton decided to offer an apology for using that “super-predator” and “brought to heel” language. In the 1990s both were part of a relatively popular but now largely discredited theory about rising youth crime. [ tough on crime was] effective tactic with white voters, because in the [US] there are a whole host of persistent stereotypes abt race & criminality.
Hillary  Clinton  prison–industrial  complex  mandatory  minimum  sentences  War  on  Drugs  Beschaffungskriminalität  economic  justice  System  Bail  racial  profiling  post-racial  America  racial  discrimination  meritocracy  meritocratic  American  Dream  Career  Politicians  No  Representation  social  democracy  plutocracy  oligarchy  Super  Rich  1%  Integrationspolitik  Sozialpolitik  downward  mobility  social  mobility  income  mobility  youth  crime  youth  unemployment  deprivation  Perspektivlosigkeit  trickle-down  economics  USA  neoliberalism  neoliberal  social  safety  net  welfare  state  recidivism  rate  Rehabilitation  presidential  election  2016  double  standard  stereotype  bias  prejudice  crime  white-collar  crime  public  sentiment  public  perception  public  opinion  Bill  Clinton  presidency  barackobama  judgement  snap  judgement  injustice  MLK  child  poverty  poverty  trap  food  poverty  mental  health 
february 2016 by asterisk2a
Politicking: Matt Taibbi on America's 'Injustice System' - YouTube
worship culture of success. [...] jail is for poor people. [...] securities fraud go jail free w fine, and do benefit/welfare fraud, go straight to jail! // For Profit Bail System - on YouTube Vice Channel. //&! Matt Taibbi, "The Divide" - youtu.be/k4CohXkdR0w //&! Matt Taibbi: Minding the Wealth Gap - youtu.be/KiRe1PK3zkM //&! Too Big To Fail, Too Big To Jail: Matt Taibbi, Bernie Sanders Town Hall 2013 - youtu.be/d-nh8DYJvlM //&! Matt Taibbi: The Conspiracy To Destroy Our Pensions - youtu.be/ZIDfyfXDGME //&! Matt Taibbi explores US criminal injustice with Bill Maher - youtu.be/uS9LHBPTM7A //&! The Divide: American Injustice in the Age of the Wealth Gap (w/ Matt Taibbi) - youtu.be/iFl-o7qJHaY
white-collar  crime  mandatory  minimum  sentences  Beschaffungskriminalität  post-racial  America  racial  profiling  economic  justice  injustice  System  Law  &  Career  Politicians  War  on  Drugs  Precariat  deprivation  poverty  trap  USA  Gini  coefficient  prison–industrial  complex  inequality  meritocracy  meritocratic  American  Dream  education  policy  social  mobility  income  mobility  health  inequality  mental  health  mental  illness  chronic  stress  poverty  book  compassion  empathy  Greed  welfare  state  stigma  plutocracy  oligarchy  Super  Rich  1%  Fraud  securities-fraud  social  safety  net  Food  Stamps  Food  Bank  public  sentiment  prejudice  bias  downward  mobility  trickle-down  economics  neoliberalism  neoliberal  neoconservatism  neoconservatives  financial  accounting  scandal  corporate  scandal  lobbyist  lobby  Lobbying  interest  groups  vested  interest  too  big  to  jail  money  laundering  bribery  corruption  DOJ  SEC  presidency  barackobama  GFC  financial  product  economic  history  squeezed  middle  class  working  poor  wage  stagnation  libor  rigging  scandal 
february 2016 by asterisk2a
Full-time work is no bar to poverty in UK, report says | Society | The Guardian
Despite at least one adult working full time, millions of households cannot make ends meet, Joseph Rowntree Foundation reports [...] Millions of households struggle to make ends meet even though they include at least one adult in full-time work, according to a report by the Joseph Rowntree Foundation (JRF). Living standards have declined since 2008 despite the economy’s return to growth, the anti-poverty charity said, warning that families with children are at particular risk of a life in poverty. [...] The MIS is determined by asking members of the public to define what is needed to “live to an adequate level”. The threshold is £16,850 for a single person, £25,600 for a lone parent with one child and £36,060 for a single breadwinner with two children. [...] Approximately 11.6 million people in the UK live below the MIS, [...] An improving economy alone is not guaranteed to reverse this rise.” [...] [ no economic security in this recovery! ]
Service  Sector  Jobs  job  creation  precarious  work  Precariat  minimum  wage  Zero  Hour  Contract  Contractor  UK  poverty  tax  credit  child  poverty  squeezed  middle  class  wage  stagnation  income  growth  low  pay  low  income  disposable  income  discretionary  spending  income  distribution  income  inequality  Gini  coefficient  income  mobility  downward  mobility  social  mobility  income  redistribution  tax  free  income  recovery  austerity  living  standard  quality  of  life  Perspective  Perspektivlosigkeit  deprivation  economic  security  GFC  secular  stagnation  economic  history  inequality  health  inequality  trickle-down  economics  dogma  ideology  neoliberalism  neoliberal  corporate  tax  rate  corporate  welfare  subsidies  subsidizing  DWP  George  Osborne  David  Cameron  Iain  Duncan  Smith  budget  deficit  tax  evasion  tax  avoidance  USA  household  debt  consumer  debt  credit  card  debt  car  loan  student  loan  debt  student  loan  student  debt  Bubble  child  care  social  safety  net  welfare  state 
february 2016 by asterisk2a
NHS mental health funding falls in England - FoI figures - BBC News
[ minority of patients. Can't do that with cancer treatment! Public sentiment would rip you apart. ] Figures obtained through a Freedom of Information request showed the budgets for mental health trusts fell by 2% from 2013/14 to 2014/15. This compares to a rise of 2.6% in hospital trusts' operating budgets, according to analysis by the Health Foundation think-tank. The Department of Health said mental health care funding overall was rising. In the year to April 2016 the budget for mental health trusts was projected to rise just 0.3%. Of the 53 out of 59 mental health trusts in England which responded to the FOI request, 29 said their budget would be lower this year than last. [...] funding is not keeping pace - and many are facing cuts. [...] In Scotland, mental health spending was up just 0.1% last year, and down a projected 0.4% this year. [...] money increasingly is getting sucked in to meet their rising costs, [ diet-related and chronic preventable diseases ] & bbc.in/243Y4Yp
NHS  mental  health  austerity  mental  illness  FOI  Freedom  of  Information  Act  minority  public  sentiment  stigma  prejudice  cancer  heart  disease  budget2015  budget2010  David  Cameron  Jeremy  Hunt  George  Osborne  Tories  Conservative  Party  nasty  Westminster  Council  Services  Social  Services  Child  Protection  poverty  education  policy  Gini  coefficient  health  inequality  post  code  lottery  mobility  poverty  chronic  stress  income  mobility  downward  mobility  vulnerable  Disabled  DWP  Iain  Duncan  Smith  NHS  Grampian  NHS  Scotland  NHS  England  diet-related  disease  chronic  diseases  diabetes  obesity  sick  population  health  crisis  western  lifestyle  Standard  American  Diet  pattern  dietary  cholesterol  western  Fiber  sedentary  lifestyle  lifestyle  medicine  active  lifestyle 
february 2016 by asterisk2a
Teacher shortages in England, spending watchdog confirms - BBC News
Teacher shortages in England are growing and the government has missed recruitment targets for four years, the official spending watchdog has said. It means 28% of secondary physics lessons are taught by teachers with no more than an A-level in the subject, the National Audit Office report says. Ministers have a "weak understanding" of local teacher shortages, it adds. The government said overall teacher numbers had risen and blamed unions for "talking down" the profession. While the overall number of teachers has kept pace with rising pupil numbers, teacher shortages are growing, particularly in poorer areas and at secondary level, according to the authors. [...] "Unless government radically tackles the pay, workload and excessive accountability that teachers currently suffer, this is a situation that will get increasingly worse," said Ms Blower. //&! bit.ly/1LfqZNB
austerity  UK  social  mobility  income  mobility  education  policy  Gini  coefficient  poverty  trap  childhood  development  Generationengerechtigkeit  fairness  nasty  party  David  Cameron  George  Osborne  Toff  Privileged  Establishment  downward  mobility  staff  morale  staff  shortage  deprivation  Conservative  Tories  dogma  ideology  underinvestment  productive  investment  public  investment  Services  mental  health  well  being  chronic  stress  Services  Council  bank  bailout  constituency  babyboomers  child  tax  credit  working  poor  Precariat  low  pay  low  income  minimum  wage  tax  credit 
february 2016 by asterisk2a
Becoming radicalised – and keeping a secret - BBC News
Some of these individuals identified with an organisation such as IS or al-Qaeda while others followed their own extremist beliefs and underwent a more personal form of radicalisation. [...] Still in many cases individuals are drawn to IS or other extremist groups because they're unhappy in their own lives and are looking for a cause that's bigger than themselves. "The radicalisation process has been triggered by a personal crisis - the loss of a loved one, the loss of a job," says Indiana State University's Mark Hamm, the author of The Spectacular Few, a book about extremism. "Typically there's somebody in cyberspace who shows them a way - walks them from the brink of a cliff." // brutality of society at large. enabled by forces and pillars capitalism. ie your worth as a person is defined by your net work and credit score. what education you have (thus family). //&! bit.ly/1N9qQfa
radicalization  radicalisation  ISIS  Sozialpolitik  Integrationspolitik  Perspektivlosigkeit  deprivation  society  Wertegesellschaft  crony  capitalism  Wegwerfgesellschaft  Gesellschaft  capitalism  Banlieue  immigration  migration  integration  youth  unemployment  Niall  Ferguson  Europe  austerity  fairness  Generationengerechtigkeit  bank  bailout  GFC  recovery  inequality  Gini  coefficient  Super  Rich  social  democracy  democracy  No  Representation  Career  Politicians  1%  double  standard  white-collar  crime  corporate  scandal  accounting  scandal  status  anxiety  rat  race  status  symbol  socioeconomic  status  materialism  zombie  consumer  psychology  sociology  social  mobility  income  mobility  compassion  empathy  Selbstdarstellung  Selbstfürsorge  downward  mobility  social  safety  net  hartz-iv  refugee  crisis  Rechtsruck  Rechtsextremismus  Xenophobia  post-racial  America  homophobic  Homophobia  Unrechtsstaat  western  world  racism  discrimination  ethnic  discrimination  social  discrimination  Islamophobia  hate  speech  hate  crime 
december 2015 by asterisk2a
Live Webcast - Social Class in the 21st Century - YouTube
Speakers: Dr Niall Cunningham, Professor Fiona Devine, Dr Sam Friedman, Dr Daniel Laurison, Dr Lisa McKenzie (author, getting by), Dr Andrew Miles, Professor Mike Savage, Dr Helene Snee, Dr Paul Wakeling // Precariat and Super Rich tend to disappear in surveys // book Inequality: What Can Be Done? - Book by Sir Anthony Barnes Atkinson // Dr Lisa McKenzie (author, getting by), "class in Britain is real, is pervasive and it hurts people." - precariat - 15% of the population. & It's the symbolic violence that hurts more. violence that keeps them out, keeps them down. looks down on them, laughs at them, ridicules them, telling them its their fault. // Meritocracy creates different class, meritocracy does not justify start existing inequality, because meritocracy does not work for everyone, not everyone can become a billionaire (Alain de Bottom) // & Thomas Picketty //&! bbc.in/1R4sNPU - Great British Class Calculator. Some Analysis.
Precariat  Middle  Class  Sozialer  Abstieg  Super  Rich  1%  book  warfare  fairness  babyboomers  Generationengerechtigkeit  austerity  Toff  Privileged  Establishment  minimum  wage  generationy  Polarisation  propaganda  manufactured  consent  corporate  media  Daily  Mail  corporate  state  Monarchy  21stcentury  British  Empire  stereotype  trope  Lügenpresse  culture  subculture  mass  culture  sociology  society  western  society  Gini  coefficient  inequality  income  inequality  gender  inequality  health  inequality  income  mobility  social  mobility  downward  mobility  post  code  lottery  celebrity  culture  Escapeism  Entertainment  working  class-warfare  plutocracy  oligarchy  income  distribution  tax  credit  tax  free  income  job  security  recovery  GFC  crony  capitalism  bank  bailout  corporate  welfare  tax  evasion  tax  avoidance  public  interest  public  awareness  public  perception  public  opinion  public  debate  public  discourse  education  policy  stigma  prejudice  judgement  snap  judgement  bias  public  health  policy  public  health  sick  population  unemployment  obesity  substance  abuse  symptom  human  decency  human  dignity  homelessness  poverty  child  poverty  food  poverty  poverty  trap  label  American  Dream  Political  Class  neoliberal  trickle-down  economics  CEO  pay  meritocracy  UK  USA  populism  spin  doctor  social 
november 2015 by asterisk2a
George Osborne vs John McDonnell - Treasury Questions - YouTube
"economic security for the country (& working people)" out of the mouth of Mr "Judgement Call" (that is what the tax credit cuts are, according to him, in front of select committee in house of commons hearing on the matter. // As if 12bn have no multiplier. 12bn for the corporate sharing it amongst their shareholders who have already bns, there is no multiplier at all. it just moves the digit after the comma. For the poop it is about paying for heating and new shoes. stupid. could afford welfare bill if corporates were to pay their fair share of taxes and not avoid and evade and no corporate welfare like for the steel industry (picking winners). = Show of Career Politician with some ideoligy and dogma and no principles. HE IS A MERCENARY. NOT A VISIONARY. A Career Politician. Calculated. Opportunistic. No long-term view. // IFS did say, in case of austerity, private sector has to pick up the slack. And it did since 2010. And new figures in household debt/credit card debt shows that.
George  Osborne  tax  credit  child  tax  credit  working  tax  credit  general  election  2020  Policy  Makers  error  renewable  energy  Hinkley  Point  C  TBTF  property  bubble  generation  rent  Housing  Crisis  tax  evasion  tax  avoidance  fairness  Generationengerechtigkeit  infrastructure  investment  underinvestment  industrial  energy  price  energy  productivity  output  gap  job  creation  Research  R&D  STEM  gender  inequality  gender  pay  gap  education  social  mobility  income  mobility  downward  mobility  Gini  coefficient  Super  Rich  1%  Toff  constituency  Establishment  election  campaign  promises  general  election  2015  babyboomers  Privileged  Entitlement  corporate  welfare  fossil  fuel  big  pharma  sick  population  Sugar  food  industry  obesity  epidemic  obesity  childhood  obesity  folly  nasty  party  Opportunism  opportunist  minority  No  Representation  Career  Politicians  David  Cameron  Conservative  Tories  capital  gains  tax  corporate  tax  rate  competitive  competitiveness  zombie  consumer  household  debt  consumer  debt  credit  card  debt  credit  card  budget  deficit  Super  Cycle  austerity  low  pay  low  income  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  secular  stagnation  wage  stagnation  income  growth  squeezed  middle  class  income  distribution  income  redistribution  income  inequality  wage  growth  lost  generation  House  of  Lords  UK  Parliam 
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
Bildungspolitik: Bundesregierung verfehlt ihre eigenen Ziele - SPIEGEL ONLINE
Mehr Geld für Bildung, weniger Abbrecher und Ungelernte: Eine "Bildungsrepublik" wollte Kanzlerin Merkel bis 2015 schaffen. Doch ihre Ziele verfehlt die Bundesregierung dramatisch, offenbart eine aktuelle Bilanz.
Germany  social  mobility  integration  Sozialpolitik  Gini  coefficient  education  policy  income  mobility  downward  mobility  competitiveness  Fachkräftemangel  GroKo  Angela  Merkel  underinvestment  austerity  Schuldenbremse  Fiscal  Pact  Public  Services  Services  inequality  Sozialer  Abstieg  squeezed  middle  class  skills  gap 
october 2015 by asterisk2a
The Guardian view on the criminal courts charge: unjust, ineffective and mean-spirited | Editorial | Comment is free | The Guardian
The consequences have been entirely predictable – and quite possibly intentional. Breadline defendants are choosing to plead guilty and pay the £150 rather than run the risk of an even higher charge by pleading not guilty. Not surprisingly, and rightly, lawyers and reformers are incensed. The Law Society and the Bar Council, plus lobby groups like the Howard League for Penal Reform, say that defendants are pleading guilty even when they are innocent. Dozens of magistrates across England have resigned rather than participate in the system, including one who was initially suspended for offering to pay a destitute defendant’s charge himself. Last month in New Zealand, the current lord chief justice, Lord Thomas, said that the new charges were “imperilling” Magna Carta rights of access to justice.
inequality  injustice  Justice  System  Law  &  Justice  austerity  poverty  poverty  trap  UK  nasty  party  Tories  Conservative  constituency  Toff  Privileged  Establishment  fairness  morality  Entitlement  Gini  coefficient  social  mobility  income  mobility  downward  mobility  social  safety  net  welfare  state  vulnerable 
october 2015 by asterisk2a
Why the Work Programme didn’t get Sarah a job | Martin Bright | Society | The Guardian
The government’s flagship welfare-to-work programme institutionalises bullying, interrupted only by undirected job searches // Work programme creates just 48,000 long-term jobs in three years. Flagship jobs scheme the government insisted would help millions back into work is called into question by figures - bit.ly/1ipiBhW
DWP  Iain  Duncan  Smith  unemployment  long-term  unemployment  youth  unemployment  social  mobility  income  mobility  downward  mobility  Gini  coefficient  skills  gap  capital  skills  human  capital  skill-biased  technological  change  skills  practical  skills  practical  skill  set  vocational  education  professional  education  austerity  underinvestment  STEM  Tories  Conservative  Party  dogma  PR  spin  doctor  reframing  framing  Positioning  ideology  Toff  Establishment  Entitlement  Privileged 
september 2015 by asterisk2a
Protestbewegungen in Europa: Die Lust auf Links - SPIEGEL ONLINE
Sex, Job, Geld: In Kernbereichen des Lebens fühlen sich immer mehr Menschen überfordert. Während im Politikbetrieb neoliberale Konzepte dominieren, wächst die Anhängerschaft linker Ideen - in der Hoffnung auf ein würdiges Leben.
neoliberalism  neoliberal  austerity  neoconservatism  neoconservatives  lefty  crony  capitalism  lobbyist  lobby  Lobbying  revolving  door  Jeremy  Corbyn  inequality  Gini  coefficient  social  mobility  Super  Rich  1%  income  mobility  downward  mobility  welfare  state  social  safety  net  education  policy  squeezed  middle  class  babyboomers  precarious  work  Precariat  working  poor  job  security  Zero  Hour  Contract  job  market  globalization  global  trade  globalisation  global  economy  borderless  flat  world  Career  Politicians  No  Representation  social  Generationengerechtigkeit  fairness  bank  bailout  banking  crisis  capitalism  Wall  Street  shareholder  value  shared  economic  interest  profit  maximisation  mainstreet.org  Union  Workers  Union  political  economy  economic  history  trickle-down  economics  tax  evasion  tax  avoidance  manufactured  consent  Lügenpresse  corporate  media  corporate  state  Polarisation  GFC  Europe  UK  USA  Germany  refugee  crisis  reflate  reflation  recovery  equity  bubble  QE  ZIRP  NIRP  property  bubble  speculative  bubbles  asset  bubble 
september 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
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
'The trade union bill is sinister' | Owen Jones meets Frances O'Grady - YouTube
>> Changes for Tories constituency.
Trade  Union  Workers  Union  Wall  Street  shareholder  value  profit  maximisation  John  Lewis  co-op  cooperation  gender  pay  gap  CEO  pay  No  Representation  Soziale  Marktwirtschaft  globalization  globalisation  Germany  UK  USA  White-collar  Worker  Blue-collar  Worker  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  democracy  fairness  Gesellschaft  Gerechtigkeit  exploitation  neoliberalism  neoliberal  lobbyist  lobby  Lobbying  Tories  Conservative  Party  David  Cameron  George  Osborne  dogma  austerity  wage  growth  income  growth  ideology  low  income  income  distribution  productivity  income  gap  income  redistribution  income  inequality  Gini  coefficient  inequality  social  mobility  income  mobility  downward  mobility  education  policy  apprenticeships  Super  Rich  1%  tax  evasion  tax  avoidance  tax  code  corporate  tax  rate  underinvestment  business  investment  skills  gap  capital  skills  human  capital  skill-biased  technological  change  practical  skills  practical  skill  set  short-term  thinking  short-term  view  opportunity  opportunist  trickle-down  economics  Establishment  Toff  Privileged  social  safety  net  welfare  state 
september 2015 by asterisk2a
World Bank warns on US rate rise - BBC News
[ game of chicken ] [ can private sector carry forward the little bit of recovery/growth the western world got in a rising interest rate world, that will eat away spending bc of higher repayment rates amid little to no wage growth !!! ] [W]arned developing countries to brace themselves for possible financial turbulence when the US Federal Reserve starts to raise interest rates. It could come as early as Thursday when the Fed concludes a policy meeting. A new report from the World Bank says there will probably be a modest impact on developing countries. But it also warns there is some risk that it could be worse. The Bank says it is possible that there would be sufficient disruption to capital flows into developing countries to harm economic growth and financial stability. //&! bit.ly/1QhP6Of //&! youtu.be/G8lCqhCbrA4 //&! youtu.be/KH1UlvgXqTE = bond sell-off move in anticipation of Taper. //&! strength of dollar added already 25bps - youtu.be/zWrxFszwrsQ &! youtu.be/lpTkQqEQmE4
Taper  Fed  BOE  2015  BIS  ZIRP  NIRP  QE  Richard  Koo  reflate  reflation  asset  bubble  hunt  for  yield  FOMO  frothy  World  Bank  distortion  unknown  unkown  unintended  consequences  capital  allocation  asset  allocation  speculative  bubbles  speculative  speculation  monetary  policy  monetary  transmission  mechanism  liquidity  trap  monetary  theory  GFC  recovery  credit  bubble  China  BRIC  Brazil  India  South  Africa  Russia  Europe  UK  BOJ  Abenomics  liquidity  credit  squeeze  excess  reserves  PBOC  economic  history  creditcrunch  credit  crunch  ECB  commodity  prices  energy  price  Oil  price  OPEC  petrodollar  QT  FX  reserves  global  trade  New  Normal  secular  stagnation  faultlines  Structural  Impediments  imbalance  western  deflationary  deflation  austerity  fiscal  policy  monetary  stimulus  monetary  system  debt  monetisation  debt  monetization  unconventional  monetary  policy  debtoverhang  refinancing  creditrating  creditrisk  deleveraging  private  debt  household  debt  disposable  income  discretionary  spending  wage  stagnation  wage  growth  income  growth  income  distribution  low  income  inequality  Gini  coefficient  squeezed  middle  class  downward  mobility  working  poor  precarious  work  Zero  Hour  Contract  Contractor  self-employment  Zeitarbeit  Leiharbeit  Sozialer  Abstieg  j 
september 2015 by asterisk2a
Zero hour contracts | Economics Help
41% of people on a zero hour contract job – wish to gain a replacement job, additional job or more hours in current job. This compares to just 12% of people not on a zero hour contract. Supporters argue zero hour contracts have helped to increase labour market flexibility, reduce unemployment and reduce costs for firms. For some workers, the job flexibility is advantageous. However, the rise of zero hour contracts have increased the phenomena of under-employment – where people have a job, but less hours and income than they would like. Critics argue that zero hour contracts lead to lower income, greater job and financial insecurity and reduced quality of life. // via https://redd.it/3kw63i // from comments - These contracts could only have come into being because employers today have the upper hand. The situation is victorian and strips the worker of all dignity. // // Here is not investment happening in the workforce to close skills gap. It's take take take.
Zero  Hour  Contract  Contractor  working  poor  job  security  precarious  work  Precariat  Service  Sector  Jobs  job  creation  recovery  UK  2015  neoliberalism  neoliberal  Workers  Union  Niedriglohnsektor  Niedriglohn  minimum  wage  profit  maximisation  shareholder  value  Wall  Street  manual  labour  labour  market  labour  economics  job  market  tax  credit  child  tax  credit  working  tax  credit  underemployed  Sozialer  Abstieg  squeezed  middle  class  youth  unemployment  exploitation  microeconomic  policy  microeconomics  Career  Politicians  lobbyist  lobby  Lobbying  No  Representation  society  Gini  coefficient  poverty  trap  child  poverty  food  poverty  chronic  stress  social  mobility  income  mobility  downward  mobility  professional  education  vocational  education  capital  skills  skill-biased  technological  change  skills  gap  human  capital 
september 2015 by asterisk2a
One Map Shows Just How Expensive College Can Be for Students Making Minimum Wage
[S]ubstantial evidence that lack of information plays a critical role in shaping the financial decisions people make. Consider how a vast majority of people who are currently defaulting on their student loans in the U.S. would be able to halt their financial suffering if they knew they could enroll in an income-based repayment plan that would shrink or eliminate their monthly payments. This map goes some way toward explaining why low-income students are less likely to enroll in college. If the idea that college is a risky investment is something thats gaining traction in well-to-do circles, then surely people who hail from less fortunate backgrounds are even more inclined to think the potential price is too high. // could be seen as balance sheet recession: rising cost of education - & on other side - unable 2 pay w job u can get (asset value). Education is mispriced in UK/USA in a new world going forward! >> youtu.be/_EDGTzOXa_g?t=1h46m5s
College  University  USA  student  loan  debt  student  loan  student  debt  NPL  un-college  minimum  wage  cost  of  living  income  growth  wage  growth  wage  stagnation  Millennials  generationy  disposable  income  discretionary  spending  babyboomers  living  standard  standard  of  living  living  wage  Generationengerechtigkeit  generation  rent  2015  income  mobility  social  mobility  downward  mobility  Gini  coefficient  income  distribution  1%  Super  Rich  income  inequality  low  income  income  redistribution  precarious  work  working  poor  job  security  job  creation  UK  education  policy  competition  globalisation  globalization  neoliberalism  neoliberal  Privatisation  borderless  flat  world  trickle-down  economics  economic  history  inequality  labour  market  Service  Sector  Jobs  Niedriglohnsektor  marginal  propensity  to  consume  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  Thomas  Piketty  Elizabeth  Warren  Larry  Lessig  labour  economics  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  secular  stagnation  stagnation  debt  servitude  Super  Cycle  debtoverhang  deleveraging  balance  sheet  recession  financial  literacy  Career  Politicians  No  Representation  social  contract  political  theory  vested  interest  interest  groups  generational  contract  lost  generation  lost  decade  personal  bankruptcy  poverty  trap  Mark  Blyth  dem 
september 2015 by asterisk2a
Soziale Gerechtigkeit und Wachstum: Deutschland mittelmäßig - SPIEGEL ONLINE
Wie gut gelingt es Staaten, eine nachhaltige Wirtschaftspolitik mit sozialer Gerechtigkeit zu vereinen? Deutschland landet in einer Studie des Weltwirtschaftsforums nur im Mittelfeld. Vor allem das Steuersystem schneidet schlecht ab. // &! bit.ly/1K7qKCb - Erbschaft!
Generationengerechtigkeit  fairness  austerity  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  gender  inequality  economic  growth  tax  free  income  kalte  Progression  coldprogression  Universal  Basic  Super  Rich  1%  Public  Services  Services  welfare  state  social  safety  net  OECD  IMF  Robert  Reich  Joseph  Stiglitz  Thomas  Piketty  tax  avoidance  tax  evasion  capital  gains  tax  income  tax  infrastructure  infrastructure  investment  commuting  chronic  stress  child  poverty  poverty  trap  food  poverty  well  being  happiness  index  neoliberalism  neoliberal  Workers  Union  precarious  work  Precariat  working  poor  minimum  wage  tax  credit  education  policy  underbanked  poverty  Sozialer  Abstieg  squeezed  middle  class  corporate  tax  rate  Privatisation  underinvestment  productive  investment  investment  Public  Good  Career  Politicians  short-term  long-term  competitiveness  globalisation  globalization  borderless  flat  world  job  security  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  tax  code  lobbyist  lobby  Lobbying  shared  economic  interest  Wall  Street  profit  maximisation  shareholder  value  Mittelstand  SME  SMB  Germany  society  culture  Gesellschaft  babyboomers  Millennials  generationy  bank  social  bail 
september 2015 by asterisk2a
The Observer view on children’s mental health services | Observer editorial | Comment is free | The Guardian
Child mental health services have always been chronically underfunded, according to the chief medical officer, and they have been further cut by £50m in the last five years. There simply isn’t sufficient provision to help children in sometimes dire circumstances: only around a quarter of children with emotional disorders even get referred to specialist services. Combined with cuts to social services, this means schools in deprived areas are struggling to cope with children with serious emotional and behavioural problems, who may be experiencing abuse and neglect at home. [...] This is a shocking erosion of even the most basic safety net for children in serious need. The costs for children are devastating: often they will end up dropping out of school, unable to cope. Some will end up in the criminal justice system: 95% of youth offenders have mental health issues. And the long-term cost of this social failure to the state will also be enormous. / &! bit.ly/1KpiZ0N
CAMHS  NHS  austerity  mental  health  mental  illness  Tories  Conservative  Party  Privileged  deprivation  Establishment  Toff  Public  Services  Social  Services  child  tax  credit  working  tax  credit  tax  credit  working  poor  child  poverty  budget2015  precarious  work  Zero  Hour  Contract  Contractor  fairness  Generationengerechtigkeit  lost  generation  lost  decade  youth  unemployment  bank  bailout  neoliberalism  neoliberal  welfare  state  safety  net  Gini  coefficient  mobility  income  mobility  downward  mobility  vulnerable  Disabled  Non-Profit  UK 
september 2015 by asterisk2a
Vermögen sind in Deutschland sehr ungleich verteilt - SPIEGEL ONLINE
In keinem Land Europas ist der Reichtum so ungleich verteilt wie in Deutschland. Eine neue Untersuchung zeigt: Allein das reichste Prozent besitzt ein Drittel des gesamten Privatvermögens. In Spanien oder Frankreich ist der Wohlstand gleichmäßiger verteilt. // also academica - economics - society acknoledging the work mothers do. as italy added shadow economy (conservative estimate) and uk prostitution ... should add to GDP conservative estimate of shadow economy, illegal stuff like drugs trade?, stay at home mothers/fathers un-paid parenting work, ...
Gini  coefficient  inequality  Super  Rich  1%  Germany  Europe  tax  code  capital  gains  tax  social  mobility  income  mobility  gender  inequality  academia  academics  downward  mobility  hartz-iv  Agenda  2010  neoliberalism  neoliberal  corporate  tax  rate  tax  free  income  kalte  Progression  coldprogression  tax  evasion  tax  avoidance 
september 2015 by asterisk2a
UN investigating British Government over human rights abuses caused by IDS welfare reforms - UK Politics - UK - The Independent
The UN is to visit the UK to investigate whether Iain Duncan Smith’s welfare reforms have caused “grave or systematic violations” of disabled peoples’ human rights, it has been reported. A leading disability charity says that they have been contacted by the UN Committee on the Rights of Persons with Disabilities as part of an investigation into human rights abuses against disabled people in the UK. Inclusion Scotland, a consortium of disability organisations in Scotland, says the UN committee has advised them that they will be sending a Special Rapporteur to the UK in the “near future” as part of their probe. [...] Research by The Centre for Welfare Reform found that disabled people have already been hit up to 19 times harder by cuts than others. When contacted by The Independent , The Department of Work and Pensions declined to comment. &! bit.ly/1nIO0ig &! bit.ly/1JEuyiF
vulnerable  Disabled  Iain  Duncan  Smith  DWP  austerity  JSA  ESA  welfare  state  social  safety  net  George  Osborne  David  Cameron  Tories  Conservative  Party  Toff  Establishment  Privileged  bedroom  tax  fairness  income  mobility  social  mobility  downward  mobility  poverty  trap  child  poverty  food  poverty  poverty  Gini  coefficient  inequality 
august 2015 by asterisk2a
Austerity: The History of a Dangerous Idea - YouTube
faith in capitalism can only be sustained, according to Adam Smith, if we can better ourself (vs winner takes all) & talent diversion into Finance, not Climate Change, STEM, education, sw, hw & rogoff/reinhart called 4 fiscal stimulus in 2014. &! its a banking problem, not overspend, its corporate state (Tories) PR and spin doctors, manufacturing consent, propaganda/populism! change conversation away from banks! // youtu.be/a-8ySh6nUsA // &! The Austerity Delusion - youtu.be/NQGCoiakycQ // &! Is Austerity a Dangerous Idea? - youtu.be/2v8m-J8sgik // &! youtu.be/JQuHSQXxsjM // &! Mackenzie Lecture 2015 - youtu.be/B6vV8_uQmxs // &! After the Financial Crisis: How to Tell the Forest from the Trees - youtu.be/V3FPmu2_J_0 // &! Book Panel 2013 - youtu.be/Xz4FW8GDwG4 - "debt gets cured by growth." & austerity is ideological war on welfare state & class // &! youtu.be/iM2cnMhJZyg // &! youtu.be/in5M65566iw // &! What I Learned and (Un-Learned) at the Financial Crisis - youtu.be/lhldDOp77QA /
austerity  economic  history  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  apathy  voter  turnout  crony  capitalism  ideology  dogma  GFC  IMF  OECD  ChristineLagarde  George  Osborne  David  Cameron  Angela  Merkel  Troika  Wolfgang  Schäuble  Conservative  Party  Schuldenbremse  Fiscal  Pact  UK  Europe  Generationengerechtigkeit  fairness  lost  generation  lost  decade  Japan  ZIRP  NIRP  QE  unintended  consequences  asset  allocation  hunt  for  yield  speculative  bubbles  property  bubble  unknown  unkown  Taper  KennethRogoff  carmenreinhart  Thomas  Piketty  debtoverhang  balance  sheet  recession  sovereign  debt  crisis  deleveraging  Richard  Koo  trickle-down  economics  neoliberalism  neoliberal  Privatisation  industrial  policy  Revolution  2.0  deflationary  deflation  secular  stagnation  globalisation  globalization  Eurogroup  Paul  Krugman  Joseph  Stiglitz  reflate  recovery  reflation  bond  bubble  asset  bubble  faultlines  structural  imbalance  Impediments  BOE  macroeconomic  policy  microeconomic  policy  short-term  Career  Politicians  political  theory  social  contract  Gesellschaft  No  Representation  Rechtsruck  stagnation  social 
august 2015 by asterisk2a
What I’m really thinking: the recruitment consultant | Life and style | The Guardian
I work in a culture that views employees’ problems with suspicion: the woman who resigned because of bullying is a “troublemaker”; the man who couldn’t find work for six months is “lazy”; the candidate with depression is deemed a “liability”. We are trained to judge, and I am truly sorry to those I will never call .
human  resources  HR  hiring  recruiting  recruitment  mental  health  mental  illness  stigma  unemployment  long-term  unemployment  youth  unemployment  structural  unemployment  income  mobility  downward  mobility  social  mobility  Gini  coefficient  poverty  trap  vocational  education  education  policy  professional  education  Equality  Act  2010  UK  discrimination  social  discrimination  gender-based  discrimination  prejudice  snap  judgement  confirmation  bias  selection  bias  bias  pattern  matching  pattern  recognition 
august 2015 by asterisk2a
Is austerity working in Britain and Europe? - YouTube
youtu.be/YIg3Ls8UjMs - youtu.be/EpSmOBIZKus - (2014) The UK is having a moral disaster: Peter Hitchens on Britain's bleak future (talks about Conservative Party, Cameron is a PR man - exemplary Career Politician just wanting to be in office. out brake of riots in Summer 2011 similar to Brixton Riot "not being part of society", "multiculturalism is no culture" (shared identity and interest as nation) // --- // Chancellor defends austerity from Davos (2013) - youtu.be/nQZDDIVjbcM // (2015) Protesters gather after Queen's speech to 'fight austerity' - youtu.be/ERL0tEzVVqE // &! End Austerity March: thousands protest across the UK - youtu.be/-Yg8QaeBdNs
austerity  UK  economic  history  IMF  Greece  Tories  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Privatisation  Conservative  Party  Toff  Privileged  Establishment  Paul  Krugman  2015  Europe  Troika  Eurogroup  ECB  fiscal  policy  fiscal  stimulus  Pact  Schuldenbremse  GroKo  Angela  Merkel  Wolfgang  Schäuble  BOE  NIRP  ZIRP  QE  budget  deficit  underinvestment  productive  investment  productivity  output  gap  infrastructure  investment  STEM  deflationary  deflation  inflation  expectation  secular  stagnation  recovery  GFC  industrial  policy  Manufacturing  tax  evasion  tax  avoidance  corporate  tax  rate  fairness  Generationengerechtigkeit  bank  bailout  No  Representation  Career  Politicians  technocrat  Public  Services  Social  Services  deprivation  poverty  trap  child  poverty  poverty  food  poverty  income  mobility  mobility  downward  mobility  budget2015  multiculturalism  identity  Gesellschaft  Zivilgesellschaft  civic  society  civic  life  civil  courage  society 
august 2015 by asterisk2a
Figures suggest Dundee-Glasgow benefit sanctions 'lottery' - BBC News
The NPI director, Peter Kenway, said there did not appear to be any good reason for the disparity between Dundee and Glasgow in terms of the claimants themselves. He said: "You'd expect some random fluctuation but the difference between 12% of people every month and 7.5% every month can't in any way just be put down to random day-to-day fluctuation. "It's a clear sign that although it's the same system on paper, things are being run very differently in Dundee from the way it's run in Glasgow. To have the benefits system run unevenly and unfairly is completely unacceptable. "It's not that people want a soft system, they want a fair and straight system." [...] he DWP's approach was failing jobseekers. "The commonest reason for people being sanctioned is not doing enough job applications," he said. "I think the government is wasting everybody's time with their emphasis on people doing massive numbers of job applications."
DWP  Iain  Duncan  Smith  welfare  state  benefits  JSA  ESA  austerity  budget2015  social  safety  net  Food  Bank  vulnerable  Disabled  poverty  trap  poverty  child  poverty  poverty  social  mobility  downward  mobility  income  mobility  education  policy  vocational  education  professional  education 
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
'They Will Want To Bleed Him To Death': Owen Jones on Corbyn, Labour and the Future of the Left - YouTube
Jeremy Corbyn MP's response to the Tories 2015 Budget - youtu.be/ZxhQy6oDacg // &! The Corbyn Factor: Blair and Blairites panic, Labour in state of confusion - youtu.be/v__jsfY2fb8 // &! Laurie Penny on Jeremy Corbyn - can he take Labour forward? - youtu.be/LGL3wK27tmE // &! Owen Jones - London Rally: Jeremy Corbyn For Labour Leader 3.8.2015 - youtu.be/mFtC4td3NMc & youtu.be/8r78NcgvWEk // &! youtu.be/N7RAqAY_4c8 (1) low wages don't fund the gov budget - where is Tories industrial global competitive policy? They've slashed Research Funding! STEM, industrial and manufacturing policy, vocational and professional education, social mobility, knowledge and creative industry, digital economy (London's high cost do no help Start-ups!), Tories pro business policy is for the big and existing players, not for the future. // &! Jeremy Corbyn: ‘Labour cannot go on being Tory-lite’ - youtu.be/r6DX-wM5hR4 &! youtu.be/m1IUYlVR59k &! youtu.be/PPZKKHQ_-Gk &! youtu.be/vKv48n4MzII
Labour  Party  Jeremy  Corbyn  Owen  Jones  austerity  2015  general  election  2015  election  campaign  promises  Ed  Miliband  political  theory  social  contract  Tony  Blair  authenticity  authentic  Career  Politicians  No  Representation  London  Start-up  Scene  digital  economy  job  creation  STEM  Manufacturing  industrial  policy  Conservative  Party  Tories  Toff  Establishment  Privileged  infrastructure  investment  underinvestment  productive  investment  UK  economic  history  IMF  OECD  competitive  competitiveness  social  mobility  downward  mobility  Gini  coefficient  inequality  income  inequality  gender  inequality  job  market  job  security  market  participation  rate  productivity  output  gap  recovery  budget2015  fiscal  policy  fiscal  stimulus  monetary  policy  reflate  reflation  social  justice  social  cohesion  social  tension  social  change  Generationengerechtigkeit  fairness  social  housing  affordable  housing  education  policy  vocational  education  professional  education  tax  evasion  tax  avoidance  corporate  tax  rate  subsidies  lobbyist  lobby  Lobbying  subsidizing  crony  capitalism  capitalism  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  Super  Rich  1% 
august 2015 by asterisk2a
George Osborne is a magician – despite his record he’s seen as a success | Owen Jones | Comment is free | The Guardian
The chancellor’s record demonstrates a specialism in policies that are too complicated to successfully rebut – a pernicious but effective approach [...] ‘He turns myths into common sense. He spins policies that benefit the richest into rewards for aspiration. He transforms his disastrous record into success.’ [...] GDP per capita remains lower than before Lehman Brothers imploded. Not since the Victorian era have workers’ pay packets flatlined for as long as they have under Osborne. [...] His government pledged to start paying off the country’s debts, but he added more than every single Labour chancellor in history put together. Under his chancellorship, productivity has stagnated disastrously. In much-derided France, productivity is 27% higher. How can this record be regarded as anything other than dire?
austerity  spin  doctor  PR  Tories  Conservative  Party  UK  George  Osborne  Toff  Privileged  Establishment  GFC  recovery  2015  budget  deficit  budget2015  tax  evasion  tax  avoidance  corporate  tax  rate  tax  code  capital  gains  tax  income  tax  welfare  state  Public  Services  Social  Services  vulnerable  Disabled  benefits  JSA  ESA  babyboomers  Generationengerechtigkeit  STEM  underinvestment  fiscal  policy  industrial  policy  Manufacturing  short-term  short-term  thinking  short-term  view  Career  Politicians  No  Representation  policy  folly  policy  error  contract  political  theory  productivity  output  gap  David  Cameron  DWP  apprenticeships  education  policy  mobility  downward  mobility  poverty  trap  child  poverty  Gini  coefficient  IMF  ChristineLagarde 
august 2015 by asterisk2a
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