asterisk2a + liberal + bailout   39

Brooks and Klein on Tom Price’s plane scandal, Trump taking aim at the NFL - YouTube
Culture and Identity Politics again Tribalism, Patritotism, Nationalism, Militarism, // see how neoliberal capitalism has destroyed fabric of society w individualism consumerism identity - Alain De Botton and Adam Curtis. When you can't consumer, and do culture, and only have tv as (and fb newsfeed) as window to the world to see the world experience the world - you dont take part in society - Kulturteilhabe. dann willst du AfD Brexit Trump. them v us. // nfl is epitome of culture war identity politics and post-racial america - resistance!
Culture  Identity  Politics  DonaldTrump  Donald  Trump  Brexit  AfD  history  post-racial  America  Religion  Liberalism  Liberal  LGBT  Society  Gesellschaft  Capitalism  Consumer  Consumerism  consumerist  Selbstdarstellung  Kulturteilhabe  Facebook  Newsfeed  TV  MSM  poverty  trap  squeezed  middle  class  Precariat  debt  credit  card  chronic  stress  self-medication  book  war  refugee  migration  immigration  social  income  mobility  secular  stagnation  growth  disposable  discretionary  spending  GFC  bank  bailout  double  standard  tax  evasion  avoidance  Career  Politicians  status  quo  neoliberal  neoliberalism  Konsum  accountability 
september 2017 by asterisk2a
More than politics, Theresa May’s true strength is her grasp of British culture | Rafael Behr | Opinion | The Guardian
While John Major and Tony Blair struggle with their Brexit defeat, the prime minister has read the national mood and is successfully navigating it // SHE IS NAVIGATING IT? OTHERS WOULD SAY like Blair SHE SITS THERE AS PASSENGER. // Culture and identity tend to be treated as peripheral expressions of whatever is happening in the economy, which is sometimes true but not always. May understands that. She is a more astute culture warrior than economist, and for now that is serving her well. // HAPPY TO DO HARD BREXIT EVEN IF IT HURTS THE ECONOMY "make the best of it" // To win power from New Labour, Cameron adapted to Blairish mode: self-consciously modern, socially liberal, metropolitan and relaxed about Europe. [...] There was always something absurd about “anti-establishment” language in the plummy tones of Boris Johnson or Nigel Farage. But their campaign did capture a rebellious spirit. Partly it was generalised frustration at the state of everything; partly it was counter-revolution – the backlash by people who sensed that their lives, interests and anxieties were the punchline to a joke at a fancy London dinner party. [...] liberals haven’t grasped the scale of their defeat. That is good for May, who navigates through the middle.
Theresa  May  Margaret  Thatcher  UK  Brexit  far-right  right-wing  alt-right  White  Supremacy  hate  speech  crime  immigration  refugee  asylum  Home  Office  Tories  nasty  party  Conservative  war  Nationalism  Patriotism  David  Cameron  Liberalism  Culture  Liberal  neoconservatism  neoconservatives  Racism  Xenophobia  LGBT  DonaldTrump  Donald  Trump  Elite  London  HRC  Hillary  Clinton  history  No  Representation  lobby  1%  10%  bank  bailout  Austerity  Super  Rich  Plutocracy  Oligarchy  Bill  Establishment  social  mobility  squeezed  middle  class  working  poor  income  wage  growth  Precariat  globalisation  globalization  uncertainty  welfare  state  Greed 
march 2017 by asterisk2a
Brexit and the UK's role in 2017 - YouTube
UK joined EU for practical economic reasons, as it was sick man of europe and europe itself outgrew UK. Now UK makes irrational economic self-harm bc it doesnt see EU as strong any more, the rest is stronger and wont be bound by EU. // Theresa May to be unremarkable PM. Accidental Brexit PM. ... bc of ineptitude of Labour and majority of Press Landscape backing Brexit.
Brexit  DonaldTrump  Donald  Trump  technological  unemployment  immigration  working  poor  globalisation  globalization  London  squeezed  middle  class  Precariat  identity  politics  Religion  living  standards  inequality  poverty  underemployed  underemployment  gig  economy  self-employment  gini  coefficient  Super  Rich  Austerity  1%  Plutocracy  Establishment  Liberal  Elite  social  mobility  wage  growth  income  stagnation  recovery  GFC  bank  bailout  Theresa  May 
december 2016 by asterisk2a
Oh for the 1960s! People earned less but could afford more | Money | The Guardian
[ fetish of GDP ] Economic growth since the 1960s has been real, but the link between growth and personal prosperity has broken down, probably since the 1990s. We can carry on pushing for increases in GDP, but it’s meaningless unless it translates into a recovery in living standards. If any government really wants to help the left-behinds, then cutting house prices and rents must be their first priority.
GDP  wage  growth  income  distribution  economic  history  profit  maximisation  capitalism  crony  oligopoly  monopoly  Platform  Self-Employment  Productivity  squeezed  middle  class  working  poor  globalisation  Competition  liberal  reform  competitiveness  disposable  discretionary  spending  investment  creditcard  credit  GFC  recovery  Austerity  secular  stagnation  taxation  1%  Super  Rich  Plutocracy  10%  20%  bank  bailout  Privatisation  outsourcing  offshore  banking  tax  evasion  avoidance  child 
december 2016 by asterisk2a
Müllers Memo: Die Globalisierung darf nicht scheitern - SPIEGEL ONLINE
Das alte Spiel ist im Gange. Ein Land versucht sich Vorteile im internationalem Wettbewerb zu verschaffen. Andere Länder ergreifen Gegenmaßnahmen - und schießen dabei nicht selten übers Ziel hinaus. Bis die nächste Reihe von Handelshürden errichtet wird.
neoliberal  neoliberalism  G20  Free  Trade  TTIP  TTP  NAFTA  CETA  Chicago  School  neoclassical  globalisation  globalization  deregulation  liberal  economic  reform  Centrist  Centrists  Brexit  Donald  Trump  AfD  Front  National  Protectionism  recovery  GFC  bank  bailout  sovereign  debt  crisis  confidence  fairy 
september 2016 by asterisk2a
IMF's own watchdog criticises its handling of eurozone crisis
Fund was over-optimistic, failed to spot scale of problem and gave impression it was treating Europe differently, says report
Troika  PIGS  Greece  Grexit  Yanis  Varoufakis  IMF  austerity  economic  history  Germany  Angela  Merkel  Wolfgang  Schäuble  liberal  economic  reform  ChristineLagarde  zombie  bank  zombie  banks  contagion  bank  bailout  sovereign  debt  crisis  European  Union 
july 2016 by asterisk2a
Revolutionary politics in the UK
// yanis is liberal marxist // &! Will John McDonnell's fiscal rules work for Labour? Paul Mason Vs John Rentoul - youtu.be/0EISho5eSUc - OBR econometrics dictated by Treasury, George Osborne w wonky multipliers that don't fit w IMF models. IMF calls for fiscal stimulus! since late 2015 because China's credit bubble popped and global economy started to head south.
Yanis  Varoufakis  Paul  Mason  Labour  Party  Jeremy  Corbyn  Bernie  Sanders  Marxism  democracy  No  Representation  Super  Rich  1%  oligarchy  plutocracy  tax  evasion  tax  amnesty  tax  avoidance  Soziale  Marktwirtschaft  fairness  Social  Justice  economic  bank  bailout  GFC  austerity  Generationengerechtigkeit  revolving  door  lobby  Greed  crony  capitalism  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  Wall  Street  Main  Street  squeezed  middle  class  working  poor  Precariat  poverty  trap  economic  history  UK  globalisation  globalization  global  economy  self-regulation  deregulation  regulation  regulators  secular  stagnation  trickle-down  economics  free  market  exploitation  liberal  economic  reform  self-employment  job  security  job  insecurity  Zero  Hour  Contract  antitrust  winner  take  all  gini  coefficient  inequality  deprivation  poverty  John  McDonnell  austerity  aggregate  demand  Richard  Koo  Joseph  Stiglitz  Schuldenbremse  Fiscal  Pact  economic  history  neoliberal  neoliberalism  OBR  Chicago  School  neoclassical  economics  infrastructure  investment  liquidity  trap 
april 2016 by asterisk2a
A!104 – Panama Freaks
58:26 - spin doctor and positioning, PR. // es ist ja bekannt das intendanten des fernsehen mal einen anruf bekommen und es richtig stellen sollen, so wie inter BPK: illegal eingewanderte fluechtlinge. was ein oxymoron. ein fluechtling zu sein ist keine illegale sache! // + 10.000 kids missing! // 1:45:54 - Panama Papers. Journalists have for years papers. And don't use them to shine light on the organised system in the western world of tax evasion/avoidance! Wie fatal.
Panama  Papers  investigative  journalism  journalism  journalismus  tax  evasion  tax  amnesty  tax  avoidance  Turkey  International  spin  doctor  Positioning  PR  manufactured  consent  corporate  media  BPK  refugee  crisis  Greece  Brussels  Rechtsradikalismus  Rechtsextremismus  Rechtsradikale  Gewalt  Rechtsruck  Germany  Angela  Merkel  Asylbewerber  Völkerrecht  European  Union  Schengen  Agreement  political  refugee  war  refugee  Human  Rights  Act  Human  Rights  Watch  Human  Trafficking  sex  condition  decency  dignity  humanitarian  crisis  humanitarian  tragedy  Erdogan  Kurds  Middle  East  sex  trade  tax  loopholes  tax  loopoles  Career  Politicians  AfD  NPD  Agenda  2010  ALG2  neoliberal  neoliberalism  liberal  economic  reform  hartz-iv  squeezed  class  job  insecurity  working  poor  Precariat  Zeitarbeit  Leiharbeit  Minijob  1  Euro  Aufstocker  low  pay  low  income  minimum  wage  Soziale  Marktwirtschaft  bank  bailout  sovereign  debt  crisis  austerity  Fiscal  Pact  Schuldenbremse  recovery  GFC  economic  history  Super  Rich  1%  oligarchy  plutocracy  European  Election  2014  rechtsradikal  Fremdenfeindlichkeit  Ausländerfeindlichkeit  Xenophobia  Xenophobic  PEGIDA  Altersarmut  poverty  poverty  trap  poverty  in  old  age  poverty  c 
april 2016 by asterisk2a
IMF urges more spending to boost growth
Fund’s steering committee calls for more forceful stimulus and warns monetary policy alone is not enough //&! http://www.theguardian.com/business/imf //&! bit.ly/1V9pfhD - IMF chief: regulators long 'alarmed' over Panama's handling of taxation. Christine Lagarde responds to Panama Papers revelations, noting that authorities were concerned but did not take ‘expected’ action.
secular  stagnation  Panama  Papers  tax  evasion  tax  amnesty  tax  avoidance  corporate  tax  rate  labour  market  job  market  Service  Sector  Jobs  income  tax  receipts  budget2016  George  Osborne  David  Cameron  general  election  2015  general  election  2020  election  campaign  promises  Party  Funding  Richard  Koo  Confidence  Fairy  austerity  underinvestment  Generationengerechtigkeit  triple-lock  pension  fairness  Generation  Rent  Housing  Crisis  property  bubble  USA  UK  reflation  reflate  fiscal  policy  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  GFC  sovereign  debt  banking  bank  bailout  job  creation  squeezed  middle  class  working  poor  disposable  income  discretionary  spending  IMF  OECD  credit  bubble  China  BRIC  recovery  Germany  economic  history  2016  Niall  Ferguson  budget  deficit  offshore  banking  investment  banking  TBTF  self-regulation  Greed  crony  capitalism  shareholder  capitalism  globalisation  globalization  global  economy  Oil  price  commodity  prices  ChristineLagarde  inequality  Gini  coefficient  income  mobility  social  mobility  low  pay  low  income  tax  credit  child  poverty  food  poverty  health  care  cost  health  care  demand  western  world  European  Union  Brussels  Brexit  Grexit  sick  population  health  economic  Union  Union  investment  policy  fiscal  me 
april 2016 by asterisk2a
What Happens Next (In Europe)?
the odds of another crisis are higher than a rally to fresh records. [...]
“The 2009-2015 rally originated from two main drivers: a massive stimulus, and credit expansion in China,” said Goette, who’s a partner at his firm in Zug, Switzerland and helps oversee 1 billion Swiss francs ($1 billion).

“European earnings have not followed suit so far. Skepticism regarding central-bank operations has started to emerge.”
ECB  Brussels  recovery  reflate  reflation  China  credit  bubble  Germany  PIGS  zombie  banks  European  Bank  Supervision  European  Economic  Area  European  Election  2014  working  poor  squeezed  middle  class  Soziale  Marktwirtschaft  MarioDraghi  OMT  LTRO  monetary  policy  monetary  stimulus  Fiscal  Pact  Schuldenbremse  sovereign  debt  crisis  France  Brexit  Grexit  Angela  Merkel  Wolfgang  Schäuble  history  underinvestment  Richard  Koo  Yanis  Varoufakis  liquidity  trap  zombie  corporations  youth  unemployment  demographic  bubble  OAP  discretionary  spending  disposable  income  liberal  reform  Precariat  precarious  employment  low  pay  low  income  Minijob  Zeitarbeit  Leiharbeit  1  Euro  Job  Structural  Impediments  imbalance  unemployment  monetary  transmission  mechanism  monetary  union  union  Rechtsruck  Bundesbank  fault  lines  shareholder  capitalism  bailout  GFC  2016  PBOC  Exportweltmeister  zombie  Financial  Stability  Board  crony  capitalism  Deutsche  Bank  infrastructure  investment  competitiveness  Beton  Gold  Betongold  asset  allocation  Super  Rich  1%  oligarchy  plutocracy  democracy  tax  evasion  tax  avoidance  Wall  Street  shareholder  value  profit  maximisation  profit  maximization  Russia  Crimea  Ukraine  U 
april 2016 by asterisk2a
Yanis Varoufakis Candid Interview - Shocking Disfunction and The Power Of Oligarchs
Europe will not survive next crisis. [...] end of interview - China looked after the rest of the world and especially Germany after 2009 (credit bubble) as USA looked after Germany in the 50's - Wirtschaftswunder. Now China is trying its best not to implode and fall below 5% of growth per annum. And now USA is trying to contest Asia (excluding China) economically and militarily through TPP and military increase in that region. //&! Yanis Varoufakis - Guardian Live - youtu.be/md6_WfF9Ky0
Grexit  Troika  IMF  oligarchy  plutocracy  Greece  corruption  bribery  Yanis  Varoufakis  Tsipras  referendum  Wolfgang  Schäuble  Angela  Merkel  Brussels  European  Union  Gold  Standard  economic  history  liberal  economic  reform  antitrust  cartel  tax  evasion  tax  avoidance  Schwarzgeld  Schwarze  Kassen  Schwarzkasse  ChristineLagarde  Panama  Papers  revolving  door  lobby  No  Representation  Career  Politicians  trust  far-right  right-wing  sovereign  debt  crisis  ECB  MarioDraghi  banking  crisis  bank  bailout  GFC  democracy  neoliberal  neoliberalism  shareholder  capitalism  crony  capitalism  Chicago  School  China  credit  bubble  BRIC  USA  Hegemony  TTIP  TPP  geopolitics 
april 2016 by asterisk2a
Italien: Bankensektor wieder tief in der Krise - SPIEGEL ONLINE
Zusammengefasst: Italiens Ministerpräsident Matteo Renzi hat zwar einige Reformen auf den Weg gebracht. Auch die Wirtschaft des Landes ist zuletzt etwas gewachsen. Doch wer genauer hinschaut, sieht: Der Eurostaat hat nach wie vor mit massiven Finanzproblemen zu kämpfen - und die Schulden des Landes steigen immer weiter.
Italy  sovereign  debt  crisis  recession  GFC  bank  crisis  banking  crisis  2016  recovery  liberal  economic  reform  bail-in  bank  bailout  banking  union  EuropeanSystemicRiskBoard  ECB  PIGS 
january 2016 by asterisk2a
Tax credit cuts - will the House of Lords stop them? - YouTube
what constitutional crisis? democracy. separation of power. checks and balances. getting the voice of the minority heard who have no voice, nobody, no lobby in Westminster to speak and represent them. // 1:44:00 David Cameron and Osborne lied to win a small majority in the general election, withholding the details of further (12bn) welfare cuts in the next parliament if they were (re-)elected. The British public is fed up. Same with LibDems budging on Student Fees post-election and students went on the street in London and elsewhere. & 1:58-59:00 because of that fact, what the gov is asking us to do to waive this through, is unacceptable. & 2:00:00 no taxation without representation & 2:34:00 Poor have to make even more hard choices that Toff can't even imagine to make. & If you don't create middle-class jobs (job creation/industrial policy), you have to top up pay with tax credit for low income. Period. & 2:47:00 proposed amendments were just soft paced cut style. no principles!
tax  credit  child  tax  credit  working  tax  credit  House  of  Lords  UK  austerity  UK  Parliament  Tories  Labour  Party  Conservative  Party  nasty  Toff  Privileged  Establishment  George  Osborne  David  Cameron  precarious  work  Precariat  working  poor  income  distribution  income  redistribution  Gini  coefficient  inequality  income  inequality  health  inequality  gender  inequality  single  parent  social  mobility  income  mobility  neoliberalism  neoliberal  fairness  GFC  bank  bailout  corporate  welfare  social  safety  net  welfare  state  Generationengerechtigkeit  recovery  budget  deficit  tax  avoidance  tax  evasion  corporate  tax  rate  subsidies  subsidizing  election  campaign  promises  general  election  2015  budget2015  minority  low  income  low  pay  minimum  wage  Sozialer  Abstieg  squeezed  middle  class  poverty  child  poverty  food  poverty  poverty  trap  Career  Politicians  No  Representation  lobbyist  lobby  Lobbying  crony  capitalism  capitalism  democracy  social  contract  Millennials  generationy  part-time  Zero  Hour  Contractor  job  creation  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  market  manual  PR  spin  doctor  messaging  vulnerable  Disabled  Support  Universal  Basic  hartz-iv  Agenda  2010  ALG2  liberal  economic  reform 
october 2015 by asterisk2a
These 5 Facts Explain the Worrying Rise of Europe’s Far-Right | TIME
Economic instability, populist politicians and a refugee wave is changing the face of politics in Europe Another round of elections, another push from increasingly vocal nationalists. Austria’s far-right Freedom Party gave the Social Democrats a run for their money in local elections over the past weekend, but fell short of capturing Vienna’s mayoralty. What started as an oddity in European politics has quickly become a disturbing pattern. These five facts explain the rise of the radical right in Europe, its causes and its implications for the region.
Rechtsruck  Unrechtsstaat  Lügenpresse  refugee  crisis  GFC  austerity  bank  bailout  sovereign  debt  crisis  Grexit  Brexit  Brussels  European  Union  AfD  NPD  UKIP  fairness  Generationengerechtigkeit  Sozialer  Abstieg  squeezed  middle  class  hartz-iv  precarious  work  Precariat  working  poor  job  creation  Career  Politicians  No  Representation  democracy  corporate  welfare  Schuldenbremse  Fiscal  Pact  Wall  Street  crony  capitalism  tax  evasion  tax  avoidance  profit  maximisation  shareholder  value  Niedriglohnsektor  Niedriglohn  Service  Sector  Jobs  Leiharbeit  Zeitarbeit  Minijob  ALG2  liberal  economic  reform  trickle-down  economics  economic  history  neoliberalism  neoliberal  neoconservatism  neoconservatives  Surveillance-Industrial  Complex  military–industrial  inequality  Gini  coefficient  social  mobility  income  mobility  job  security  uncertainty  globalization  globalisation  symptom  political  theory  lobbyist  lobby  Lobbying  revolving  door  social  contract  reflate  reflation  constituency  credit  bubble 
october 2015 by asterisk2a
Vince Cable: ‘Historically, the coalition will be seen as a success’ – interview | Politics | The Guardian
[A] look at the post-crash global economy, is the first fruit of that freedom. After toeing the line for five years, he can go public with his criticisms of chancellor George Osborne’s handling of the economy. He warns that the emphasis on consumption rather than investment, the continuing reliance on house price inflation as the driver of growth, the decline in productivity and innovation mean fundamental problems are not being addressed. He is also the first minister to lift the lid on the coalition: we learn the Tories could be likable colleagues but “collectively appalling, with ugly tribal prejudices”; that Osborne and David Cameron were unable “to move Theresa May an inch”; that Osborne’s Treasury effectively controlled government, with a hands-off Cameron; and that, in Cable’s view, Nick Clegg and Danny Alexander were too accepting of the Treasury line. [...] [ Cameron the PR man, being in office for the sake of just being in Office ] &! bit.ly/1KROBLk
George  Osborne  David  Cameron  Career  Politicians  No  Representation  social  contract  political  theory  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Generationengerechtigkeit  fairness  Liberal  Democrats  UK  policy  folly  policy  error  budget2015  underinvestment  R&D  STEM  Research  productive  investment  infrastructure  investment  public  investment  business  investment  productivity  output  gap  Richard  Koo  economic  history  trickle-down  economics  neoliberalism  neoliberal  Gini  coefficient  child  poverty  poverty  trap  DWP  Iain  Duncan  Smith  income  mobility  social  mobility  inequality  London  bank  bailout  self-regulation  deregulation  investment  banking  tax  evasion  tax  avoidance  Opportunism  opportunist  short-term  corporate  tax  rate  income  tax  Super  Rich  1%  babyboomers  education  policy  tax  free  income  working  poor  precarious  work  Precariat  tax  credit  working  tax  credit  child  tax  credit  social  housing  affordable  housing  asset  bubble  property  bubble  equity  bubble  2015  generation  rent  student  loan  debt  student  loan  student  debt  disposable  income  discretionary  spending  household  debt  job  creation  Service  Sector  Jobs  Niedriglohnsektor  self-employment  general  election  2015  election  campaign  promises  class  warfare  secular  stagnation  recovery  GFC  debt  social  sover 
september 2015 by asterisk2a
Joseph Stiglitz: It’s Time to Get Radical on Inequality - YouTube
Nobel laureate Stiglitz, author of The Price of Inequality and The Great Divide, studies the forces driving inequality and what is at stake if it continues. In his view, bad economic thinking deserves part of the blame — fanciful ideas like trickle-down and the notion that economists should try to increase the size of the economic pie and let the politicians worry about distribution. On the contrary, Stiglitz sees distribution as a problem economists must confront. He warns that an economic system that doesn’t raise standards of living for most Americans is a failure. [...] monopoly rent = too big to fail/tbtf (bailout) == cost to society/economic damage == where was antitrust!? monopolies are less productive & costly eventually in the long-term. rent exploitation through lobby! [...] this is bad for everyone, rising inequality, lower inequality is an econ multiplier // &! The Great Divide with Joseph Stiglitz and Robert Reich - youtu.be/e3aJxy9tA-w &! youtu.be/U-oEjFKCp00 NEET
inequality  income  inequality  gender  inequality  Gini  coefficient  social  mobility  downward  mobility  income  mobility  working  tax  credit  child  tax  credit  tax  code  capital  gains  fairness  income  distribution  capital  gains  tax  earned  income  tax  tax  avoidance  tax  evasion  corporate  tax  rate  tax  free  income  tax  credit  welfare  state  Public  Services  Services  austerity  trickle-down  economics  economic  model  economic  history  book  Privileged  progressive  kalte  Progression  coldprogression  wealth  distribution  academia  academics  neoliberal  neoliberalism  liberal  economic  reform  precarious  work  working  poor  poverty  trap  child  poverty  well  being  education  policy  vocational  education  skills  gap  paternity  leave  maternity  leave  gender-based  discrimination  gender  equality  Women  in  Tech  STEM  added  value  value  creation  shared  economic  interest  economic  damage  microeconomic  policy  economic  growth  disposable  income  discretionary  spending  Thomas  Piketty  Joseph  Stiglitz  josephstiglitz  Gesellschaft  social  tension  social  cohesion  society  uncertainty  insecurity  Career  Politicians  savings  rate  job  creation  labour  market  labour  economics  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  living  wage  Contractor  Zero  Hour  Contract  Leiharbeit  Zeitarbeit  exploitation  Wall  Street  profit  maximisation  shareholder  value  crony  interest  interest  capitalis 
july 2015 by asterisk2a
Staatsverschuldung als Problem der Generationengerechtigkeit | Lars P. Feld | SWR Tele-Akademie - YouTube
henry paulson and tim geithner said they are in a moral hazard. put it the way to either nationalise (aka the end of American Dream, Failure part of capitalism) or bailout (gov loans and co like TARP). Rather the moral hazard was to either put current and future unborn generation in debt servitude they had nothing to do with and keep criminals private with all its benefits. Or really give a warning shot a privatise banks and end the profligacy of crony capitalism and Wall Streets shareholder value creation only and profit maximisation - without consequences. // and Europe looks towards USA and did the same; made banks whole again (because they were really - TBTF - and would pushed some EU countries into Great Depression/Insolvency. especially France & Belgium where bank liabilities were too big for public balance sheet) and took some of the debt onto its public balance sheet (and gave bailout loans) to be served by current & future unborn generation.
Generationengerechtigkeit  austerity  bailout  sovereign  debt  crisis  economic  history  Failure  zombie  banks  toobigtofail  TBTF  too  big  to  jail  Wall  Street  crony  capitalism  capitalism  fiscal  policy  academia  academic  moralhazard  morality  American  Dream  GFC  policy  folly  policy  error  World  Bank  IBS  IMF  liberal  economic  reform  neoliberal  neoliberalism  PIIGSFB  PIGS  Greece  Grexit  UK  fiscal  sovereignty  Pact  Schuldenbremse  Career  Politicians  No  Representation  democracy  banking  crisis  history  henrypaulson  timgeithner  benbernanke  Ben  Bernanke  Makers  lobbyist  lobby  Lobbying  ideology  dogma  populism  fairness  manufactured  consent  propaganda  financialcrisis  FinancialCrisisInquiryCommission  media  conglomerate  corporate  state  European  Union  fiscal  transferunion  European  Eurobond  currency  Agenda  2010  hartz-iv  Stability  and  Growth  Pact  generational  conflict  social  tension  social  cohesion  Verteilungskonflikt 
july 2015 by asterisk2a
Am Tiefpunkt der europäischen Nachkriegsgeschichte - Jung & Naiv: Folge 237 - YouTube
referendum yes no - was not planned through if Eurogroup would not budge to demands of lesser austerity terms. Syriza had no plan (Grexit) for this case, how it played out. Thus (Tsipras) had to accept (capitulated) any offer Eurogroup offered; privatisation of state assets with an aim to raise 50bn, no debt restructuring nor forgiveness. // This is the 3rd bailout outcome; a bailout to repay previous bailouts (EFSF, IMF, ECB) and private debt obligations. Greece (Parliament) will have to accept Eurogroup offer/demands because they were not willing to opt by their own, the worst of the worst and the unknown of Grexit. 'Darin liegt auch die Demuetigung.' //
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july 2015 by asterisk2a
Who Will Pay? Austerity vs. Bailouts | Greece, Europe and The Euro! - YouTube
have to be held accountable >> bankers! but have not, just transfered private debt/losses onto public balance sheet which no has to paid down by the weakest of society and collectively by less public investment for the future (output gap/lower productivity) ie into infrastructure and education // stealing from the young // policy making by comfort and trinkets - George Osborne // moral hazard - the options they choose - paulson geithner summers and co made the tbtf and jail even worse! instead should have chosen partial privatization // sold off our future for keeping the gangsters "private" - get out of jail free card for what reason? because it would be not American? American means to be WALL STREET crony capitalistic greed with tax evasion and lobbying to the tunes of millions - your judge - that judges on you whether you get a free out of jail card?! // who will suffer in the end? the public and the weakest of society and unborn! period. long-term. // &! youtu.be/EmHYeGI0b_U
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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 //
election  campaign  promises  David  Cameron  budget2015  living  wage  minimum  wage  George  Osborne  Tories  Conservative  Party  working  poor  precarious  work  Precariat  underemployed  part-time  social  mobility  income  mobility  downward  mobility  poverty  trap  added  value  Manufacturing  Public  Policy  industrial  solidarity  society  class  warfare  austerity  dogma  ideology  trickle-down  economics  economic  model  corporate  tax  rate  STEM  education  vocational  education  practical  skill  set  practical  skills  skills  gap  democracy  Future  of  productivity  output  gap  economic  growth  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  competitiveness  competitive  borderless  flat  world  working  tax  credit  tax  credit  child  tax  credit  neoliberal  neoliberalism  liberal  economic  reform  welfare  state  Public  Services  Services  childcare  employability  self-employment  long-term  unemployment  child  poverty  food  poverty  poverty  Student  Maintenance  Grant  exports  current  account  deficit  export  Higher  gender  inequality  single  mum  teenage  pregnancy  economic  multiplier  labour  economics  labour  market  job  creation  recovery  GFC  bailout  fairness  short-term  thinking  short-term  view  Career  Politicians  No  Representation  Gini  coefficient  inequality  social  cohesion  social  tension  Gesell 
july 2015 by asterisk2a
Budget 2015: The return of Tina - BBC News
Tina, it would appear, is back. Forgotten Tina? The acronym for There Is No Alternative? Regularly cited by Margaret Thatcher? Thatcher? Oh, come on, it hasn't been that long since the Tories were in sole command of the UK. [ // history rhymes; Angela Merkel and her "Alternativlos." = There is No Alternative. ] George Osborne set out quite deliberately in a range of ways to suggest that there is no effective or realistic alternative to his approach. [...] It is aimed over their heads at the voters. Mr Osborne is seeking to suggest that there is a remorseless logic to his package, that only the ingrate or innumerate would oppose it.
Alternativlos  Angela  Merkel  dogma  ideology  history  Margaret  Thatcher  Career  Politicians  austerity  No  Representation  economic  history  bailout  liberal  economic  reform  neoliberal  neoliberalism  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  tax  evasion  tax  avoidance  GFC  Wall  Street  lobbyist  lobby  Lobbying  toobigtofail  TBTF  too  big  to  jail  crony  capitalism  welfare  state  Public  Services  Social  Services  added  value  job  creation  industrial  policy  education  policy  Gini  coefficient  mobility  income  mobility  downward  mobility  vocational  education  skills  gap  Future  of  Work  Software  Is  Eating  The  World  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  Aufstocker  globalisation  globalization  differentiate  differentiation  commodity  business  commoditization  borderless  flat  competitiveness  competitive  media  conglomerate  conglomerate  Lügenpresse  manufactured  consent  propaganda  populism  PR  relations  Conservative  Party  Tories  Toff  Establishment  Privileged  spin  doctor  Leadership  IMF  World  Bank  IBS  zombie  banks  George  Osborne  David  Cameron  GroKo  Germany  UK  policy 
july 2015 by asterisk2a
IMF Slams Germany, Says Greece "Needs Debt Restructuring" | Zero Hedge
on the ticker. IMF'S LAGARDE SAYS DEBT RESTRUCTURING NEEDED IN GREECE. IMF'S LAGARDE SAYS FUND REMAINS 'FULLY ENGAGED' WITH GREECE. IMF'S LAGARDE SAYS IMF CANNOT GIVE GREECE SPECIAL TREATMENT // Earlier today, confirming that Germany sternly refuses to change its tune about a Greek debt haircut or even a debt "reprofiling" of Greece and would not budge an inch on Tsipras tacit request for at least some debt leeway, we reported that "the German government does not see any reason to grant Greece either a classic debt haircut or any other measures that would slash the value of money on loan to the crisis-ridden country, a spokesman for the finance ministry said on Wednesday." // IMF has admitted it was wrong to advocate for austerity, now IMF admits it was wrong to hope that its approach (together with Troika) would help Greece. // an economic model is an economic model, not the real world and especially not able to predict the future. // "Alternativlos."
Grexit  sustainable  sustainability  Greece  PIGS  sovereign  debt  crisis  debt  jubilee  haircut  debt  restructuring  ChristineLagarde  economic  history  austerity  ideology  dogma  academia  KennethRogoff  carmenreinhart  academic  economic  model  economist  economics  economic  damage  neoliberal  neoliberalism  liberal  economic  reform  Troika  IMF  ECB  MarioDraghi  BuBa  Jens  Weidmann  Angela  Merkel  Wolfgang  Schäuble  Germany  France  FrancoisHollande  European  Union  Yanis  Varoufakis  Alexis  Tsipras  referendum  Career  Politicians  No  Representation  society  bailout  zombie  banks  Gesellschaft  fairness  GFC  recovery  European  Syriza  Podemos  Indignants  Indignados  lost  generation  lost  decade  trust  trustagent  Protest  Partei  Protest  Party  symptom  voter  turnout 
july 2015 by asterisk2a
Greek debt crisis: What next for the European Union dream? - BBC News
In a European Union that's currently dominated by eye-popping debt figures, last-minute debt talks and sharp-tongued insults, some people are wondering what happened to the idealism behind the European project: the "European idea"? // &! Greece debt crisis: Eurozone decision down to politics - http://www.bbc.co.uk/news/blogs-eu-33429622 // agglomeration of the symptoms and outcomes of our time have pushed weak career politicans in a corner where they can't admit a big academic/intellectual/economic mistake and at least re-orientate. thus keeping the destructive path they are on. because their national (political) interest (and that of their constituency) is them more important (their status quo career) than the greater good and stable integrated (& solidarity) future of Europe is so needs in an even more unstable and uncertain and competitive future. It all started when they said it was "Alternativlos" to bailout banks and transfer the debt (risk) on public balance sheet.
Grexit  PIGS  European  History  European  Union  Angela  Merkel  Jean-Claude  Juncker  ECB  MarioDraghi  Germany  France  FrancoisHollande  Leadership  Career  Politicians  No  Representation  Wolfgang  Schäuble  compromise  political  error  political  folly  political  economy  political  theory  Syriza  Alexis  Tsipras  Yanis  Varoufakis  austerity  dogma  ideology  IMF  ChristineLagarde  humility  humble  character  economic  Fiscal  Pact  Schuldenbremse  Gesellschaft  society  symptom  bailout  PIIGS  zombie  banks  PIIGSFB  GFC  recovery  2015  UK  neoliberal  neoliberalism  crony  capitalism  TBTF  toobigtofail  too  big  to  jail  Wall  Street  liberal  economic  reform  referendum  democracy 
july 2015 by asterisk2a
Greece’s fight is for democracy in Europe. That’s why we must support it | Owen Jones | Comment is free | The Guardian
The EU powers told Greeks their world would cave in unless they acquiesced by voting yes. The no vote has raised the political stakes even higher (by Owen Jones, author) The referendum was, of course, a rejection of an austerity programme that has unleashed what is commonly described in Greece as a humanitarian crisis. Since Lehman Brothers crashed in 2008, austerity has always relied on the displacement of blame from elites to elsewhere. It was Goldman Sachs who helped the then Greek government to cook the countrys books to win entry into the euro. It was German & French banks who profitably and recklessly lent to Greece, just as US banks disastrously showered subprime mortgages on low-paid Americans. It was Germany who benefited from being able to export its consumer goods to peripheral European countries such as Greece. [transfer of debt/risk, plunging people & welfare state downward spiral with little growth to pay off new debt = unsustainable by Wall Street] &! bit.ly/1G3v9ns
democracy  referendum  Grexit  Greece  Europe  technocrat  austerity  economic  history  GFC  Career  Politicians  IMF  World  Bank  ECB  Troika  crony  capitalism  bailout  zombie  banks  too  big  to  jail  TBTF  toobigtofail  banking  crisis  sovereign  debt  crisis  Wall  Street  capitalism  neoliberal  neoliberalism  liberal  economic  reform  Yanis  Varoufakis  Owen  Jones  Thomas  Piketty  debt  jubilee  haircut  Leadership  No  Representation  Super  Cycle  debtoverhang  debt  restructuring  dogma  ideology  propaganda  Lügenpresse  manufactured  consent  history  European  solidarity  Germany  Angela  Merkel  corporate  state  Wolfgang  Schäuble  Jean-Claude  Juncker  ChristineLagarde  MarioDraghi  academia  academics 
july 2015 by asterisk2a
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
working  tax  credit  child  tax  credit  austerity  UK  David  Cameron  George  Osborne  budget2015  living  wage  minimum  wage  Tories  Conservative  Party  Privileged  liberal  economic  reform  welfare  state  Social  Services  Public  Services  free  market  Contractor  Zero  Hour  Contract  working  poor  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  job  market  job  security  underemployed  self-employment  political  economy  political  theory  democracy  Career  Politicians  No  Representation  Leadership  ideology  dogma  economic  history  propaganda  manufactured  consent  Lügenpresse  Toff  Establishment  mobility  downward  mobility  Gini  coefficient  inequality  income  inequality  tax  code  tax  free  income  child  poverty  chronic  stress  food  poverty  poverty  equality  solidarity  bailout  PR  relations  spin  doctor  fairness  TBTF  toobigtofail  too  big  to  jail  labour  market  labour  economics  job  creation  value  creation  added  value  recovery  GFC  society  Gesellschaft  Zivilgesellschaft  civil  society  courage  zombie  banks  crony  capitalism  capitalism  Wall  Street  small  state  London  income  growth  economic  growth  Lohnzurückhaltung  wage  growth 
july 2015 by asterisk2a
WikiLeaks - Espionnage Élysée - Angela Merkel on Greece and Europe (actions speak louder than words).
Earlier reporting reveals that following talks last week in Berlin with Merkel, Hollande complained that nothing of substance was achieved; it was purely for show. Hollande had found the chancellor fixated on the Fiscal Pact and above all on Greece, on which he claimed she had given up and was unwilling to budge. // Angela (Germany) put(s) national and personal political interests first second third and last .... // symptoms of our time, even politicians jump on "everybody for himself" //
Angela  Merkel  Grexit  Greece  Leadership  PIGS  sovereign  debt  crisis  European  Union  Wolfgang  Schäuble  GroKo  Germany  shared  economic  interest  Career  Politicians  No  Representation  Wall  Street  haircut  Nationalism  political  theory  political  economy  policy  folly  policy  error  short-term  thinking  short-term  view  Legacy  political  error  political  folly  Jean-Claude  Juncker  ECB  MarioDraghi  GFC  bailout  fairness  solidarity  propaganda  populism  Lügenpresse  manufactured  consent  IMF  EFSF  toobigtofail  TBTF  too  big  to  jail  zombie  banks  banking  recovery  economic  history  Sozialer  Abstieg  downward  mobility  Gini  coefficient  inequality  tax  evasion  tax  avoidance  squeezed  middle  class  labour  market  labour  economics  precarious  work  Precariat  liberal  economic  reform  unintended  consequences  unknown  unkown  working  poor  Leiharbeit  Zeitarbeit  Minijob  minimum  wage  living  wage  Aufstocker  hartz-iv  Riester-Rente  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  Service  Sector  Jobs  globalisation  globalization  competitiveness  competitive  flat  world  borderless  job  market  job  creation  underemployed  youth  unemployment  lost  decade  lost  generation  monetar 
july 2015 by asterisk2a
Child poverty measurement set to change - BBC News
"We are all in this together." // "In short - can a [Tory gov] that says it is governing for "One Nation" unpick the rules around measuring & cutting the # of poor children in Britain without being accused of cynicism? // &! bit.ly/1GySqhN "The plan sounds reasonable, but the purpose is to whip up confusion at a time when the poor are about to get poorer. [...] “blue-collar Conservatism”, appealing to working-class Tories who are not much interested in such abstractions as relative poverty, but can certainly be rallied against those who are felt to be living at the expense of hard-pressed taxpayers." [pitting them against each other]. &! bit.ly/1TNlpbz &! bit.ly/1x0Ghmu existential threat &! bit.ly/1BMOJtg &! bit.ly/1K9G3OE bit.ly/1QQvINd &! Scrapping £320m independent living fund - bit.ly/1SJO4wT &! bit.ly/1TFWHdg 'trickle-down doesnt work, says IMF [...] 1% & well off only buy 1 pair of jeans. power 2 implement reform? [= rebellion, not able with status quo ppl << Chris Hedges]'
KPI  measurement  child  poverty  social  mobility  education  policy  Public  Services  Services  austerity  income  mobility  UK  Gini  coefficient  IMF  OECD  David  Cameron  economic  history  Conservative  Party  George  Osborne  Iain  Duncan  Smith  DWP  Future  of  Work  No  Representation  Toff  Establishment  Privileged  fairness  gesellschaft  Zivilgesellschaft  Sozialer  Abstieg  food  poverty  poverty  precarious  Precariat  underemployed  working  poor  minimum  wage  child  tax  credit  working  tax  credit  inequality  downward  mobility  tax  free  income  opportunist  Opportunism  class  warfare  class-warfare  squeezed  middle  class  short-term  thinking  short-term  view  noise  pollution  political  economy  Career  Politicians  Tories  uncertainty  competitiveness  competitive  globalisation  globalization  civil  society  sociology  social  tension  social  cohesion  PR  relations  communication  Spin  Doctor  practical  skills  practical  skill  set  skill-biased  technological  change  vocational  education  psychology  chronic  stress  premature  ageing  health  crisis  mental  health  mental  illness  health  health  policy  democracy  minority  disability  Disabled  trickle-down  economics  bailout  recovery  toobigtofail  TBTF  too  big  to  jail  wage  growth  liberal  economic  reform  tax  tax  tax  consumeris 
june 2015 by asterisk2a
John Ralston Saul: The Collapse of Globalism - YouTube
the source of legitimacy is economics and only one source/type of economic thinking // TTIP & Co erase governments! // globalisation hailed promises, empty promises. // the more they say its inevitable, the more you know its the way out. // bailout for one side of society, and austerity for the others // no shared economic interest !!! rootless tax evaders global corporations are not stakeholders in country X // where does the power go? decision and policy making? to those with money and influence and network! - thus not the citizens // "we are in a post-globalist world" really? why is there then TTIP? Austerity is currently taking over the vacuum! // neoliberalism pouted and propagandated by fear induced monologues by Career Politicians (GFC) // money has no moral limits nor conscience !!! // great moderation and unfettered globalisation & financial realm (masters of the universe) - Alan Greenspan & Ben Bernanke >> extremes (ideology) break down (GFC) // austerity doesn't work!
globalisation  globalization  economic  history  GFC  recovery  austerity  liberal  economic  reform  book  democracy  human  capital  deregulation  lobbyist  lobby  Lobbying  No  Representation  Career  Politicians  economic  model  trickle-down  economics  borderless  TTIP  flat  world  income  growth  western  world  Gini  coefficient  Consumer  Protection  CETA  NAFTA  USA  social  cohesion  social  contract  social  tension  crony  capitalism  Wall  Street  profit  maximisation  shareholder  value  Davos  1%  Super  Rich  Thomas  Piketty  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  bailout  too  big  to  jail  toobigtofail  TBTF  PIGS  IMF  Bank  education  policy  vocational  education  underinvestment  productive  investment  Industrial  Revolution  2.0  Future  of  Work  tax  evasion  tax  avoidance  tax  code  stakeholder  Margaret  Thatcher  Angela  Merkel  David  Cameron  George  Osborne  neoliberal  neoliberalism  academia  academic  alangreenspan  Ben  Bernanke  benbernanke  Great  Moderation  zombie  banks  ideology  individuality  sociology  society  psychology  gesellschaft  western  society  capital  gains  self-regulation  regulation  regulators  Bank  Oversight  revolving  door 
may 2015 by asterisk2a
Spain enters a new political era - BBC News
Anti-austerity parties, linked to the Podemos movement on the far left, which is barely one year old, have the prestige of holding power in Barcelona, and could form a coalition to rule in the Spanish capital. Across the country the ruling Popular Party (PP) of Prime Minister Mariano Rajoy has been punished. The PP will hold onto the fact that they still have the highest share of the vote of any single party. But they have lost absolute majorities in regional parliaments across the country, including in traditional heartlands like Valencia, where the party has been badly damaged by corruption. [...] What is also eye-catching is that significant support nationwide has shifted from the PP to parties on the left, even though the PP has taken Spain's economy from the height of the financial crisis in 2012 through to a period of impressive growth. [...] That could be because the social impact of the recovery is still not being felt by enough of the people bit.ly/1J0fkU3 & !> bit.ly/1Ht0Nfi
Spain  Podemos  Career  Politicians  corruption  No  Representation  austerity  Protest  Partei  Protest  Party  PIGS  Syriza  sovereign  debt  crisis  unemployment  lost  decade  lost  generation  bribery  political  economy  GFC  bailout  recovery  Gini  coefficient  inequality  income  growth  income  inequality  Europe  European  Election  2014  Protest  neoliberal  neoliberalism  liberal  economic  reform  competitiveness 
may 2015 by asterisk2a
The last word on Piketty | 11.11.2014 - YouTube
min 1:05:00 - biggest injection of equality into the system has been free education, free health care, pension provision and elderly car, child care, unemployment benefits, disability benefits, low income tax credits, minimum wage, workers protection and representation (unionisation), affordability of a lawyer/solicitor, ... - which are being dismantled, where they were available, ... // what they don't talk about is - tax evasion - ppl able to play the system = unworthy increase in wealth and income // competitiveness breeds inequality (with rising labour supply/surplus + Industrial Revolution 2.0 [creating more revenue with less people needed, more people competing for smaller available pie]) - globalisation, flat world, borderless << Seth Godin 'being remarkable, differentiate, Start-up of You (reid hoffmann)' // opportunity >> social mobility, income mobility, gini coefficient // & being lucky and continue taking rent based on your luck // asymmetry of information (arbitrage) - SV
Thomas  Piketty  austerity  Public  Services  Social  Services  Western  World  welfare  state  policy  error  hartz-iv  ALG2  Aufstocker  minimum  wage  Workers  Union  Soziale  Marktwirtschaft  sovereign  debt  crisis  fiscal  policy  Europe  Schuldenbremse  tax  evasion  tax  avoidance  Makers  Career  Politicians  No  Representation  democracy  fairness  unrecht  Capitalism  crony  bailout  Wall  Street  shareholder  value  profit  maximisation  exploitation  Gini  coefficient  income  inequality  inequality  lobbyist  lobby  Lobbying  competition  mobility  income  mobility  borderless  flat  globalisation  globalization  competitive  competitiveness  advice  vocational  education  education  policy  continual  education  Liberal  Arts  1%  Super  Rich  CEO  compensation  package 
may 2015 by asterisk2a
An election that really matters - BBC News
Naturally, wearing my economic editor's hat, I can be sad that there hasn't been more explicit debate on the wealth-creating imperatives of boosting lacklustre productivity, reducing record personal debts and re-engineering our corporate sector to cope with the Ubers and the indomitable new sharing economy. But the issues that are on the table are huge, arguably the most important of my political lifetime. The choice between whether to have a referendum on membership of the European Union (EU) - offered by Tories and UKIP, declined by Labour, LibDem and SNP - is massive. // &! http://www.bbc.co.uk/news/election-2015-32605228 Conservatives and Labour are Crossdressing
general  election  2015  immigration  immigrants  UK  Career  Politicians  vocational  education  education  policy  Future  of  Work  Mobile  Creatives  Mobile  Creative  Software  Is  Eating  The  World  Industrial  Revolution  2.0  secular  stagnation  productivity  output  gap  austerity  No  Representation  short-term  thinking  short-term  view  structural  imbalance  Impediments  structural  unemployment  youth  unemployment  lost  decade  lost  generation  Niedriglohnsektor  Service  Sector  Jobs  self-employment  contractor  Zero  Hour  Contract  squeezed  middle  class  working  poor  precarious  Precariat  Toff  Establishment  Gini  coefficient  downward  mobility  social  mobility  income  mobility  Privileged  David  Cameron  Conservative  Party  Liberal  Democrats  globalisation  globalization  recovery  GFC  bailout  outsourcing 
may 2015 by asterisk2a
WDR Kinozeit Dokumentarfilm Agora: Sendung vom 05.02.2015 - YouTube
Die Eurokrise aus griechischer Sicht: "AGORÁ - Von der Demokratie zum Markt" // &! Post-democracy (Themes for the 21st Century Series) Paperback – 23 Jun 2004 by Colin Crouch &! Making Capitalism Fit For Society Paperback – 6 Sep 2013 - by Colin Crouch "The aim of this book is to show that the acceptance of capitalism and the market does not require us to accept the full neoliberal agenda of unrestrained markets, insecurity in our working lives, and neglect of the environment and of public services."
documentary  Greece  sovereign  debt  crisis  Eurokriese  GFC  economic  history  fractional  reserve  banking  banking  crisis  TBTF  toobigtofail  Career  Politicians  oligopoly  oligopol  systemicrisk  systemic  risk  crony  capitalism  capitalism  Wall  Street  shareholder  value  Bailout  haircut  austerity  fiscal  sovereignty  IMF  Troika  book  European  European  Union  PIGS  democracy  liberal  economic  reform  Indignados  Indignants  Social  Media  lehmanbrothers  Lehman  Brothers  Yanis  Varoufakis  neoliberal  neoliberalism  deregulation  regulators  regulation  self-regulation  game  theory  No  Representation  1%  Establishment  Super  Rich  Super  Cycle  debt  bubble  bond  bubble  Privileged  Pact  carmenreinhart  KennethRogoff  Carmen  Reinhart  Kenneth  Rogoff  greatrecession  lost  decade  lost  generation  Lobbying  lobbyist  lobby  interest  groups  inequality  Gini  coefficient  economic  damage  trickle-down  economics  UK  George  Osborne  David  Cameron  Angela  Merkel  Wolfgang  Schäuble 
february 2015 by asterisk2a
Jürgen Trittin: Plädoyer für linke Reformen - SPIEGEL ONLINE
Heute ist es für viele Menschen, gerade wirtschaftlich Schwächere, schwer geworden, dem Begriff "Reform" etwas Gutes abzugewinnen. Viel zu oft war Reform ein Synonym für sozialen Rückschritt & Ausschluss aus der Gesellschaft. Reform heute ist neoliberal aufgeladen, es steht für Deregulierung, für weniger Sicherheit, mehr Armutsrisiko & weniger Demokratie. Diese reale Erfahrung hat die Angst vor Veränderung erhöht. So haben Konservative leichtes Spiel. Das Bittere ist: Für diese Diskreditierung von Veränderung, für die Umdeutung von Reform sind auch Regierungen der linken Mitte mitverantwortlich. Links reden, rechts wählen - das ist keine deutsche Marotte. Als Folge der Finanzkrise wurden in Europa erst einmal reihenweise konservative & wirtschaftsliberale Regierungen gewählt. Gerade dort, wo die Krise wirklich zugeschlagen hat, zeigte sich wieder einmal: Krisen sind keine guten Zeiten für eine Politik der linken Mitte. [GroKo: Das allermeiste bleibt, wie es ist.] youtu.be/yAmiQJYqjxM
Germany  neoliberal  neoliberalism  economic  history  AfD  liberal  economic  reform  Zeitarbeit  Niedriglohn  Niedriglohnsektor  hartz-iv  Minijob  1  Euro  Job  Agenda  2010  underemployed  working  poor  squeezed  middle  class  structural  unemployment  child  poverty  poverty  in  old  age  poverty  Gini  coefficient  inequality  income  inequality  Kinderbetreuung  crony  capitalism  Bailout  No  Representation  Career  Politicians  GFC  deregulation  security  fairness  book  Gerechtigkeit  pollution  resource  depletion  climate  change  insecurity  unsertainty  immigration  imigrants  Zivilgesellschaft  Politics  GroKo  Angela  Merkel  2014  capitalism  Lobbying  lobbyist  lobby  compromise  European  Election  2014  UKIP  FPÖ  Austria  Switzerland  tax  avoidance  tax  evasion  Elite  Super  Rich  Privileged  society  Europe  flat  world  globalization  globalisation  competitive  advantage  competitiveness  Competition  competitive  comparative  advantage  BRIC  MINT 
september 2014 by asterisk2a
Monitor - Wie also umgehen mit der AfD? Hier das Video des...
http://youtu.be/CC8XVcg5jrU?t=5m9s / +++ AfD = Sammelbecken fuer all jene die die Verlierer der neuen, Zukuenftigen, Welt sind. Jene die nur noch von Hartz-IV leben koennen weil sie aus dem raster des neuen Arbeitsmarktes rausgefallen sind. Jene die mit Leiharbeit ... UND Hartz-IV sich muehsam den Unterhalt zusammen klamuesern. Jene die nicht mehr nach vorne schauen koennen weil es zu haesslich ist. Jene die nicht von der Globalisierung profitieren konnten. Jene die Weltarm sind, weil sie Sozial arm sind. Weil sie arm sind ... diese die dann ihr wehleiden in Homophobie, Transphobie, Xenophobie, Rassismus und Hass ausdruecken in allem was nicht Deutsch-Weiss-Vertraut ist. Aber wie auch die Sprecherin sagte am ende ... die ueblichen Parteien haben sich auch zuweit vom Volk entfernt mit der Zeit, kaum Demokratie, kaum Soziale Fairness, kaum Kompetenzen gezeigt und noch weniger Verantwortung uebernommen bei null Transparenz. AfD ist ein Symptom! & Ausblick in die Zukunft ist nicht gut.
AfD  Germany  voter  turnout  Protestpartei  Protestalgie  Career  Politicians  No  Representation  Policy  Makers  error  folly  exploitation  Leiharbeit  hartz-iv  Europe  erzkonservativ  NPD  conservative  racism  liberal  economic  reform  capitalism  crony  capitalism  Bailout  GFC  flat  world  globalisation  globalization  Public  Policy  education  income  mobility  social  mobility  Gini  coefficient  inequality  election  campaign  promises  Politics  comparative  advantage  competitiveness  competitive  competitive  advantage  Lohnzurückhaltung  kalte  Progression  coldprogression  technological  progress  Why  Software  Is  Eating  the  Software  Is  Eating  transparency  oversight  accountability  Nichtwähler  Altersarmut  babyboomers  imigaration  imigrants  Asylum  Xenophobia  Homophobia  homophobic  Homo-Ehe  LGBT  Transphobic  transphobia  extremism  society  culture  Religion 
september 2014 by asterisk2a
Euro-Krise: Merkel und Schäuble verlieren Geduld mit Griechenland - SPIEGEL ONLINE
Reformstau
Bundesregierung will Griechenland neue Hilfen verweigern

Berlin verliert die Geduld mit Griechenland: Bundeskanzlerin Merkel will Athen offenbar keine weiteren Finanzspritzen gewähren. Laut einem Zeitungsbericht gilt es in Regierungskreisen als undenkbar, den Bundestag um Zustimmung für ein drittes Rettungspaket zu bitten. Auch Finanzminister Schäuble zeigt sich hart.

http://www.spiegel.de/wirtschaft/soziales/roesler-euro-austritt-griechenlands-hat-schrecken-verloren-a-845779.html

http://www.spiegel.de/wirtschaft/unternehmen/euro-krise-iwf-will-griechenland-hilfen-stoppen-a-845718.html

Das Risiko eines Austritts Griechenlands aus der Währungsunion wird mittlerweile in den Ländern der Euro-Zone für beherrschbar gehalten.

http://www.spiegel.de/politik/ausland/protestmarsch-gegen-sparmassnahmen-in-spanien-a-845727.html
Spain  austerity  IMF  ECB  2012  sovereign  debt  crisis  bailout  liberal  economic  reform  Greece 
july 2012 by asterisk2a
Why Aren’t Banks Lending? They Are Being Rational | The Big Picture
Lending money is a risky business; there is the possibility of loss. Under-capitalized banks cannot take that chance. By not lending, their capital base goes up. IT is the rational thing to do from their perspective.
Rather than engage in traditional money lending, these banks have decided to simply borrow from the Fed at 0%, and make risk free loans to the Treasury at 3%.
.
--- BATTLE FOR THE WORLD ECONOMY --- KEYNESIAN ECONOMICS vs LIBERAL ECONOMICS
... 1 point for keynes to stop the downturn
... 1 point to austrians bc banks dont lend
.... 1 point to austrians because govnt debt is on the verge of failure
.... -1 for keynes bc it gave to wrong impression

to be continued 2010.

Why? They need to rebuild their capital levels after 30 years of declining safeguards and capital ratios.

This is yet another unintended consequence of bailing reckless bankers from their folly. Theior oplace in the economy is so distorted, as to become nearly economically meaningless . . .
bank  lending  2009  2010  recovery  recession  rational  irrational  creditline  creditcrunch  psychology  credit  usa  humor  fed  incentive  treasuries  capital  ratio  treasury  freemarkets  distortion  battle-for-the-world-economy  battle-of-ideas  distorted  economic  economy  debt  government  battle  keynes  Keynesianism  liberal  bailout  consequences  2011  2012  depression 
december 2009 by asterisk2a
Reason Foundation - The Future of Too Big to Fail and Bailouts
Reason.org
Reason.TV
Anthony Randazzo - Liberal Economics / Liberal Economist
economics  liberal  liberty  bailout  finance 
september 2009 by asterisk2a

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