asterisk2a + liberal + globalisation   42

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
Making Britain Great Again by Niall Ferguson - YouTube
Brexit is a misnomer. it is not about British, Brexit is about the English! And Scotland failed to amend the outcome. What matters is age in turnout. The problem of granny voting out. GENERATIONAL CONFLICT in 21st century. And general inequality. Sovereignty was smth for alt-right people (authoritarian liking correlation). [...] and most importantly, IT IS NOT THE ECONOMY ANY MORE, STUPID (identity over pay day). At least for half of it. See also Donald Trump. LIES IN POLITICS HAVE NEVER BEEN MORE POWERFULL THAN 2016 - Brexit and Trump. DailyMail about EEA's. Immigrants take no jobs from "English." Immigration has contributed to growth (GDP). + WILL BE LONGEST DIVORCE. = HIT TO ECON WILL BE AS HARSH AS PREDICTED! HARD BREXIT MIGHT EVEN BE UNDERESTIMATED. [...] Populism (multiculturalism, social liberalism, immigration, environmentalism, feminism, globalisation, capitalism/corporatism) vs Cosmopolitism & Econ Left vs Econ Right [...] Brexit campaign was succesulf as in that leave voters dont think didnt think economically, it would make much of a difference. The more you were for Brexit, the less economics mattered. THIS DIVORCE WIL COST WAY MORE THAN ANYONE COULD HAVE THOUGHT ... and longer. Not 2 years. [...] When populist leaders seek to exploit (populism) policy for their own end (&personal career/gain), the sceptical voter should be ver ver very suspicious.
Brexit  Scotland  SNP  Westminster  Whitehall  political  history  economic  immigration  identity  politics  Generationengerechtigkeit  Generation  Millennials  UK  Populism  Populismus  alt-right  far-right  right-wing  corporatism  Corporate  crony  capitalism  Exploitation  globalisation  Multiculturalism  liberal  liberalism  Elite  Establishment  Privileged 
january 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
Cameron defends decision to call Brexit referendum - BBC News
[ Still not for redistribution ] And he urged leaders across the West to take steps to help those who felt left behind by globalisation.
Tories  Conservative  Party  nasty  David  Cameron  George  Osborne  Austerity  Theresa  Philip  Hammond  inequality  wage  growth  social  mobility  gini  coefficient  Brexit  globalisation  tax  evasion  avoidance  liberal  economic  reform  zero  hour  contract  history 
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
A hard truth for Leave voters: Brexit means big government
Britain has seen a renaissance in jobs since 2013, of that there is no doubt. But most of those extra jobs were among the self-employed or fell into categories that can only be described as insecure and low-paid. When companies finally took the plunge and advertised full-time jobs from 2014 onwards, around a third went to migrants. [...] It is this mostly older group of workers across the developed world, worried about their pay, pensions and conditions of employment, that want to slam the brakes on globalisation and reject the remedy proposed by big business: greater labour-market flexibility and only limited job protections. [ Globalisation as a great rebalancing of the world economy between the west and the rest (BRIC and co) ] [...] Only government can provide the cure, with a commitment to invest where the private sector cannot or will not go.
globalisation  globalization  squeezed  middle  class  Precariat  working  poor  job  security  job  insecurity  self-employment  neoliberal  neoliberalism  liberal  economic  reform  Agenda  2010  Zero  Hour  Contract  OECD  BRIC  USA  UK  Germany  France  economic  history  capitalism  capitalism  in  crisis  protectionism  Brexit  exploitation  crony  capitalism  tax  evasion  tax  avoidance  immigration  migration  Philip  Hammond  austerity  Workers  Union  Workers  Rights  Trade  Union  Theresa  May  Conservative  Party  nasty  Tories  budget  deficit  neoclassical  economics  Chicago  School  deflation  deflationary  aggregate  demand  aggregate  demand  short-fall  Richard  Koo  free  free  agreement  underinvestment  business  confidence  productivity  productivity  gap  productive  investment  output  output  gap  technological  unemployment  skills  economy  skills  gap  skill  gap  industrial  policy  Manufacturing 
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
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
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
TPP - The Death Sentence Clause - YouTube
TPP, TTIP, TISA excludes BRIC! this is a protectionism move from USA/Wall Street in new world that is emerging infront of our eyes that undermines USA/Wall Street monopoly, global power - financial, corporate, political, foreign affairs. Its shaping peoples everyday lifes. Much more potent than military intervention //&! https://youtu.be/ysm2Ksb7Yeg - TPP - Here’s What Happens Under SHAFTA --- race to the bottom. its not a free trade deal. its a managed deal written by and for multinational conglomerates. literally continuing the further the race to the bottom, competing with countries like Vietnam for jobs!
TPP  generic  pharmaceutical  industry  pharma  big  pharma  generic  medicine  copyright  Patent  patents  crony  capitalism  capitalism  Wall  Street  interest  groups  vested  interest  shareholder  value  profit  maximisation  TTIP  TISA  oversight  self-regulation  regulation  deregulation  regulators  transparency  democracy  Career  Politicians  monopoly  conglomerate  monopsony  Commanding  Heights  accountability  globalisation  globalization  presidency  barackobama  flat  world  G  Zero  AIIB  BRIC  Bank  IMF  OECD  emerging  market  Frontier  Markets  intellectual  property  lobbyist  lobby  Lobbying  revolving  door  political  theory  political  economy  social  contract  No  Representation  UK  USA  neoliberalism  neoliberal  liberal  economic  reform  global  trade  trade  agreement  free  trade  exploitation  neoconservatism  neoconservatives  China  Russia  India  Brazil  foreign  affairs  foreign  policy  foreign  relations  corruption  bribery 
october 2015 by asterisk2a
Group of 20 Financial Leaders Agree to Act to Bolster Growth - The New York Times
Ms. Lagarde was even more explicit, making it clear that governments had for too long relied on the supply of cheap cash from central banks that have been running ultra-loose monetary policy. “Monetary policy alone will not cut it,” she said. “It is necessary, it is recommended from our perspective, particularly in Europe and in Japan still, but it will not cut it on its own. “Clearly in the fiscal sphere as well as in the structural reforms sphere, more needs to be done, and it needs to accompany and eventually take the baton from the central bank governors.”
Europe  IMF  UK  USA  western  world  Richard  Koo  recovery  fiscal  policy  fiscal  stimulus  long-term  view  long-term  thinking  underinvestment  productive  investment  infrastructure  investment  industrial  policy  STEM  R&D  austerity  George  Osborne  ChristineLagarde  OECD  GFC  economic  history  trickle-down  economics  neoliberalism  neoliberal  liberal  economic  reform  Research  competitiveness  differentiate  differentiation  value  creation  added  value  Manufacturing  job  creation  Niedriglohnsektor  Service  Sector  Jobs  Future  of  Work  Smart  Grid  renewable  energy  business  investment  consumer  debt  household  debt  debtoverhang  monetary  policy  QE  ZIRP  NIRP  Germany  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  inequality  Gini  coefficient  education  policy  David  Cameron  dogma  ideology  academia  academics  Mark  Blyth  Joseph  Stiglitz  Robert  Reich  Paul  Krugman  wage  growth  income  growth  G20  wage  stagnation  secular  stagnation  globalisation  globalization  flat  world  borderless  competitive  competition  currency  war  currency-war  currency  debasement  Exportweltmeister  BRIC  credit  bubble  global  economy  global  trade  global  imbalances  faultlines  structural  imbalance  Impediments  American  Dream  economy  energy  energy  policy 
september 2015 by asterisk2a
How Legal Immigration Failed Silicon Valley | TechCrunch
Our immigration system hinders entrepreneurship, innovation and productivity. Success in the tech industry, where whole new job categories are created overnight, requires deep familiarity with trends, products and technologies. Learning opportunities abound — if you’re willing to transition to new roles, educate yourself, work on different products or switch companies altogether. Building your own startup, or even joining one, can be the best career move; it offers remarkable potential for growth by wearing multiple hats in an expanding organization. The labor market benefits from this flexibility not just with an improved and adaptable workforce, but also one that creates jobs. The immigration process impedes all these possibilities. [...] [ reset process when switching companies ] [...] And that’s not even the worst part. If you get laid off, you must leave the country. Immediately. [...] Try telling your VC you spent $25,000 of their $1 million funding on immigration fees
USA  immigration  Europe  Germany  UK  skill-biased  technological  change  skills  gap  capital  skills  workforce  migration  ecosystem  Silicon  Valley  Berlin  Start-Up  Scene  London  Scene  Green  Card  job  security  insecurity  American  Dream  entrepreneur  practical  skills  practical  skill  set  skill  job  creation  borderless  globalization  globalisation  flat  world  global  economy  digital  economy  marginal  cost  economics  of  abundance  Future  of  Work  Remote  Work  liberal  economic  reform  policy  error  short-term  view  Career  Politicians  No  Representation  neoconservatism  neoconservatives  Rechtsruck  ageing  population  demographic  bubble  STEM  R&D  Research  Industrial  Revolution  2.0  policy  labour  market  labour  economics  added  value  value  creation  multiplier  education  policy  vocational  education  professional  education  long-term  view  HR  human  resources  hiring  recruiting  recruitment  war  for  talent  H1B  startupvisa  visa  H-1B 
september 2015 by asterisk2a
China's impossible trinity - BBC News
At the heart of China's problem is the "impossible trinity" of international macroeconomics. The impossible trinity - or trilemma - is the idea that it is impossible for a country to have three things at the same time: a stable currency, the free movement of capital (i.e. the absence of capital controls) and independent monetary policy. A country can instead choose just two of the options from this policy suite. The UK, in common with most developed economies, has free capital movement and an independent monetary policy - but not a controlled exchange rate. The Bank of England sets interest rates at a level it thinks is right for the UK economy and - as capital can flow into and out of the UK at will - the exchange rate is determined by the market. [...] But the bigger criticism is usually over the nature of the post-2009 stimulus package [...] But, for all the criticism, the counterfactual is rarely stated. What would global growth have looked like without it? [//+ deflation factors]
China  liberal  economic  reform  2015  credit  bubble  devaluation  currency  debasement  Yuan  RMB  PBOC  IMF  SDR  macroeconomics  monetary  policy  fiscal  policy  QE  recovery  GFC  economic  history  banking  crisis  shadow  banking  NPL  debtoverhang  balance  sheet  recession  deleveraging  property  bubble  hot-money  BRIC  western  world  global  trade  global  economy  deflationary  deflation  reflate  reflation  equity  bubble  asset  bubble  asset  allocation  distortion  unknown  unkown  unintended  consequences  Fed  BOE  BOJ  Abenomics  currency  war  currency-war  aggregate  demand  short-fall  aggregate  demand  Richard  Koo  consumer  debt  household  debt  student  loan  debt  debt  servitude  sovereign  debt  crisis  debt  bubble  Super  Cycle  student  debt  public  debt  debt  monetisation  debt  monetization  private  debt  globalisation  globalization  technological  progress  flat  world  wage  growth  wage  stagnation  secular  stagnation  borderless  global  imbalances  faultlines  structural  imbalance  savings  glut  Impediments  inequality  squeezed  middle  class  Europe  UK  OECD  marginal  propensity  to  consume  Sozialer  Abstieg  working  poor  precarious  work  income  growth  deregulation  self-regulation  Workers  Union  wage  pressure  disposable  income  income  distribution  income  redistribution  low  income  income  inequality  American  Dream  USA  Gini  Super  coe 
september 2015 by asterisk2a
Japan Exports Its Way to Irrelevance - Bloomberg View
[ Politicians as always will react with reactionary unimaginative policy, competing for the same pie. instead of enabling, supporting new pies to be created. ] But Abe needs to recognize, as China already has, that this is only the latest sign of a broader reality: Asia's old export model of economic growth no longer works. [...] All the stimulus BOJ Governor Haruhiko Kuroda can muster won't change the worsening trajectory of the region's most-populous nation. That's why Abe needs to take a page from Beijing and focus more on creating new industries at home. [ the base of home grown new market/category/vertical also includes sound middle class to buy those products. demand at home. social safety net (security). and less inequality. progressive taxation. fight tax evasion/avoidance, monopoles, monopsonies, bribery, corruption. and politicians making policy for lobby. ]
Germany  Exportweltmeister  Japan  China  India  Latin  America  competitive  competition  competitiveness  flat  world  borderless  globalization  globalisation  differentiate  differentiation  Abenomics  economic  history  IMF  OECD  global  economy  global  trade  Future  of  Work  Universal  Basic  Income  tax  free  Mobile  Creatives  Mobile  Creative  3D  printing  Software  Is  Eating  The  Robotics  automation  ownership  cost  of  ownership  Millennials  consumerist  consumerism  Frontier  Markets  Developing  western  world  UK  USA  Europe  secular  stagnation  developed  world  current  account  deficit  lohndumping  Lohnzurückhaltung  liberal  economic  reform  neoliberalism  neoliberal  Career  Politicians  No  Representation  technological  progress  biotechnologie  biotechnology  on-demand  convenience  marketplace  efficiencies  commodity  business  commoditization  deflationary  deflation  21stcentury  Industrial  Revolution  2.0  policy  error  policy  folly  inequality  Gini  coefficient  social  mobility  mobility  squeezed  middle  class  complexity  Supply  and  Demand  Demand  and  Supply  unknown  unkown  unintended  consequences  asset  bubble  asset  allocation  hunt  for  yield  currency  currency  policy  policy  w 
august 2015 by asterisk2a
Davos 2015: Nouriel Roubini says Income Inequality Creates U.S. Plutocracy - YouTube
- shown hurting growth. US growth is dependent on consumer spending. stupid. hacking off the only leg one has is not smart. // established economic truth ! Paul Krugman: Inequality Actually Bad for Growth - youtu.be/cRMi8_M681U &! Paul Krugman & Tony Atkinson in Conversation | Inequality and Economic Growth - youtu.be/3l6E3mUNW70 &! &! What's Really Driving Income Inequality: Orszag - youtu.be/XJ_raBX7oq8 ( only added value jobs STEM - pays for work and shows wage growth, not so in service sector jobs. UK recovery showed it; lots of service sector job creation than any other type of job + Lohnzurueckhalting (no leverage to demand higher wage than just minimum wage or little above bc outside the door waits the one who will replace you) = no wage growth in the first couple of years of recovery and no productivity growth and persistent output gap (below potential) )
plutocracy  Gini  coefficient  income  mobility  social  mobility  American  Dream  inequality  income  inequality  squeezed  middle  class  economic  growth  USA  economic  history  wage  growth  UK  recovery  secular  stagnation  job  market  job  creation  labour  market  labour  economics  STEM  productivity  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  precarious  work  Precariat  working  poor  job  security  Contractor  Zero  Hour  Contract  part-time  underemployed  skills  gap  Zeitarbeit  Leiharbeit  manual  labour  value  creation  added  value  knowledge  worker  Blue-collar  White-collar  minimum  wage  living  wage  disposable  income  discretionary  spending  industrial  policy  fiscal  policy  Higher  Education  policy  vocational  Sozialer  Abstieg  liberal  economic  reform  neoliberal  neoliberalism  trickle-down  economics  fiscal  stimulus  public  investment  competitiveness  competitive  infrastructure  investment  borderless  flat  world  globalisation  globalization  austerity  fairness  tax  evasion  tax  code  tax  avoidance  profit  maximisation  shareholder  value  Wall  Street  crony  capitalism  GFC  gender  inequality  poverty  trap  child  poverty  poverty  democracy  short-term  thinking  short-term  view  long-term  view  long-term  thinking  employability  lost  decade  lost  generation  youth  unemployment  Career  capitalism  Po 
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
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
Universities push for higher fees - BBC News
// distortion to choice of students - prospective workforce = miss allocation of resources/assets (human capital). this is not consumer choice. this is a choice that will be with the rest of your life. &! Tens of thousands of students are relying on payday loans to cover their daily living costs, a survey suggests. - bbc.co.uk/news/education-33328374
un-college  University  social  mobility  income  mobility  education  policy  Gini  coefficient  student  loan  debt  Bubble  student  debt  UK  inequality  Privileged  Toff  Establishment  Future  of  Work  practical  skills  practical  skill  set  Liberal  Arts  knowledge  worker  knowledge  economy  competitiveness  competitive  flat  world  globalisation  globalization  fiscal  policy  labour  market  labour  economics  human  capital  vocational  education  distortion  asset  allocation  capital  allocation  choice  apprenticeships  Payday  Loans  cost  of  living 
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
CBI head calls for GCSEs to be scrapped - BBC News
John Cridland, director general of the employers' group, says England's exam system is narrow and out of date. He proposes a system in which the most important exams would be A-levels, including both academic and vocational subjects, taken at the age of 18. Ministers are pushing for all pupils to take a core group of academic GCSEs. [...] He says that for too long "we've just pretended" to have an exam system that values vocational education, when in practice, exams have operated as stepping stones towards a university degree. [...] "GCSEs are past their sell-by date and should be retired." He says that the only purpose they serve now is to allow measurement of schools through league tables. The proposal to scrap GCSEs comes as ministers are pushing for an even greater emphasis on academic GCSEs, with plans for all pupils to have to take core academic subjects. This announcement "misses the point that we need curriculum reform, not just exam reform", says the CBI chief.
education  policy  Future  of  Work  Liberal  Arts  apprenticeships  Trainee  Mobile  Creatives  Mobile  Creative  destruction  practical  skills  practical  skill  set  Career  Politicians  policy  folly  policy  error  differentiate  differentiation  competitiveness  competitive  globalisation  globalization  borderless  flat  world 
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
Naomi Klein on Global Neoliberalism - YouTube
history doesn't repeat, but it rhymes // use of crisis for political ends // crisis is required to push through those policies // effect - rise if inequality - gini coefficient // history shows - capital flight // net capital flight out of UK from 2008-2015 !? // mixed economy ! // Naomi Klein and Joseph Stiglitz on Economic Power - youtu.be/qkErO-TwOeo &! Naomi Klein, Raj Patel, Amy Goodman: Crisis Capitalism - youtu.be/8Ji_8tI0sbY youtu.be/wmHOj0FT5l0 &! Joseph Stiglitz (2014) - Why Capitalism is Failing - youtu.be/b7wIw1VNjSk &! [Chrystia Freeland] Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else (Full Session) - youtu.be/S9LIVa3WVPo --- GFC did not end plutocracy (Fortune/Forbes list) it propelled them - QE, bailouts, NIRP etc - it was a recovery for the 1% - Carlos Slim is richest person ever lived (based on labour cost/hr of home country). &! Matt Taibbi and Chrystia Freeland on the One Percent's Power and Privileges - youtu.be/rvIM6-BGx8I
Naomi  Klein  neoliberal  neoliberalism  PIGS  austerity  Wasserprivatisierung  Privatisation  liberal  economic  reform  IMF  USA  economic  history  World  Bank  trickle-down  economics  Troika  sovereign  debt  crisis  Gini  coefficient  inequality  Wall  Street  book  welfare  state  social  safety  net  Services  Public  Services  welfare  GFC  UK  fiscal  policy  policy  folly  policy  error  Davos  Makers  Career  Politicians  microeconomic  policy  macroeconomic  policy  economic  model  economic  damage  oligarchy  plutocracy  Super  Rich  1%  Establishment  Privileged  income  inequality  capital  gains  squeezed  middle  class  working  poor  globalisation  globalization  flat  borderless  precarious  work  Precariat  contractor  Zero  Hour  Contract  Leiharbeit  Zeitarbeit  Minijob  Werkvertrag  recovery  No  Representation  Industrial  Revolution  2.0  oligopoly  oligopol  crony  capitalism  rent-seeking  rentier  human  capital  income  growth  social  mobility  income  mobility  meritocracy  meritocratic  lobbyist  lobby  Lobbying  revolving  door  tax  evasion  tax  avoidance  political  economy  ethical  beliefs  ethical  machine  moral  beliefs  profit  maximisation  shareholder  value  American  Dream  Great  Gatsby  curve  intellectual  honesty  social  tension  social  working  class  Egalitaria 
may 2015 by asterisk2a
Where Next for the UK Economy? | 24.02.2015 - YouTube
min 37 BOE owns over 1/3 of outstanding gilts // pattern of global demand ([luxury, vanity, status, brand], [convenience, on-demand,] [software, automation, robots, driving down manual labour cost - corporate/wall street] [connection with your customer] [Data] // GDP growth (national income, profits from corp) outpaced income growth (income from labour). is double // austerity, fiscal policy: to force a surplus of the budget (and current account/balance of payments) over 10 year time frame (2x conservative parliament) without thinking where the demand comes from (income growth thus more disposable income thus consumer &* business demand (more employment), thus higher tax revenue). And only thinking about cutting, is a Career Politician move, sticking 2 his talking points of Plan A. // dont compete w BRIC/Developing/Frontier Market on price (exporting). It's a race to the bottom, it can not work. Thus it has to be Industrial Revolution 2.0 !!! Differentiate. Brand. Being Remarkable.
BOE  QE  ZIRP  NIRP  productivity  income  growth  GDP  distortion  trade  deficit  balance  of  payments  current  account  deficit  economic  history  IMF  Career  Politicians  Industrial  Revolution  2.0  Conservative  Party  David  Cameron  Liberal  Democrats  Nick  Clegg  George  Osborne  globalisation  globalization  borderless  flat  world  Brand  differentiate  differentiation  Software  Is  Eating  The  Mobile  Creatives  Mobile  Creative  Start-Up  lesson  Start-Up  advice  UK  Europe  Germany  USA  China  BRIC  monetary  policy  fiscal  policy  macroeconomic  policy  microeconomic  policy 
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
Jahresbericht: OECD warnt vor lang anhaltender Stagnation - SPIEGEL ONLINE
OECD-weit setzten die Regierungen vor allem auf bildungs- und arbeitsmarktpolitische Maßnahmen. Sichtbare Erfolge konstatiert der Bericht bei der Reform von Programmen zur Arbeitslosenunterstützung, im Umbau der Rentensysteme und bei der Produktmarktregulierung. Die Steigerung der Arbeitsproduktivität bleibe eine der wichtigsten Voraussetzungen für langfristiges Wachstum. Daher sollten weiterhin vor allem jene Reformen im Fokus stehen, die Fähigkeiten und Qualifikationen fördern, auf denen wissensbasierte Gesellschaften aufbauen, empfehlen die Studienautoren. Ebenso wichtig sei es, die Bildungssysteme so zu gestalten, dass niemand außen vor bleibt.
OECD  liberal  economic  reform  education  policy  Future  of  Work  productivity  output  gap  GFC  Mobile  Creative  Mobile  Creatives  Software  Is  Eating  The  World  Robotics  automation  algorithm  Share  Economy  marketplace  efficiencies  marketplace  Universal  Basic  Income  hartz-iv  poverty  in  old  age  child  poverty  poverty  food  poverty  inequality  inequality  social  mobility  mobility  downward  mobility  Gini  coefficient  Super  Rich  1%  tax  evasion  tax  avoidance  fairness  Europe  UK  USA  Germany  borderless  globalization  globalisation  competitive  advantage  competitiveness  competition  competitive  youth  unemployment  lost  decade  lost  generation  working  poor  squeezed  middle  class  Precariat  precarious  Proletariat  democracy  No  Representation  Career  Politicians  Lobbying  lobbyist  lobby  Wall  Street  shareholder  value  short-term  thinking  short-term  view  policy  folly  policy  error  secular  stagnation  stagnation  stagflation  sovereign  debt  crisis  austerity  economic  history  Industrial  Revolution  underemployed  Soziale  Marktwirtschaft 
february 2015 by asterisk2a
BBC News - Cameron attacks school 'mediocrity'
Almost 3,500 schools in England rated as "requiring improvement" face being forced into new leadership, under plans to be announced by David Cameron. - hypocrisy - how about putting more teachers in first (and paying them a little more and making a portion performance related), reducing class sizes (after years of increases) ... all after years of cuts and non-increase to inflation ... &! Cameron challenged on 'no cuts' school funding promise - http://www.bbc.co.uk/news/education-31087137 &! Moray Council warns of teacher shortages - http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-31091127 &! http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-23580704 - Aberdeen City Council has received 85 applications for teaching positions after offering a new incentive package. &! 1 Day later - bit.ly/1BQ7wNH - Conservatives to cut school funding by 10% if they win general election [...] no promise to inflation-proof education funding.
education  policy  private  education  austerity  David  Cameron  Conservative  Party  UK  general  election  2015  Political  Governance  accountability  transparency  election  campaign  promises  policy  folly  policy  error  Future  of  Work  Mobile  Creative  Mobile  Creatives  Liberal  Arts  continual  education  education  formal  education  Higher  society  competitive  advantage  competitiveness  competitive  competition  borderless  globalization  globalisation  Career  Politicians  squeezed  middle  class  Proletariat  working  poor  automation  Software  Is  Eating  The  World  algorithm  Robotics  working  class  inequality  social  mobility  income  mobility  Gini  coefficient  income  inequality  downward  mobility  No  Representation 
february 2015 by asterisk2a
Joe Schoendorf im Interview: Wenn Roboter die Arbeitswelt übernehmen - SPIEGEL ONLINE
bit.ly/1uMWGuV -youtu.be/kwUHBqN-zPU - Schoendorf, Sie haben auf der DLD vergangene Woche einerseits die digitale Revolution gepriesen. Sie haben aber andererseits auch ein düsteres Szenario skizziert: Künftig würden Millionen Roboter die Arbeit erledigen, die zuvor von Menschenhand erledigt wurde. Viele würden also ihren Job verlieren, damit sinke auch die Kaufkraft. Sie haben von der Tech-Elite Lösungen für dieses Problem verlangt. Haben Sie selbst schon eine? Schoendorf: Im Moment gibt es nicht die Lösung. Lassen Sie mich das Szenario noch ein bisschen deutlicher machen. Das Median-Alter weltweit ist 27,5 Jahre. Ich mache mir weniger Sorgen um die, die jünger sind, denn sie sind im Informationsalter aufgewachsen. Für die ist es am wichtigsten, dass sie die beste Ausbildung erhalten. Sie werden ein anderes Leben führen als wir. Sie werden viele Jobs haben. Dass man lange bei einem Arbeitgeber bleibt, das wird sich ändern. + book end of competitive advantage - amzn.to/1wwh1i7
Future  of  Work  Robotics  Mobile  Creative  Mobile  Creatives  destruction  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  algorithm  algorithms  Digital  Age  economy  knowledge  worker  knowledge  economy  domain  knowledge  practical  skills  practical  skill  set  automation  crony  capitalism  capitalism  profit  maximisation  Silicon  Valley  Liberal  Arts  Education  continual  policy  globalisation  globalization  flat  competitiveness  competitive  competition  competitive  advantage  borderless  book 
january 2015 by asterisk2a
BBC News - 'Colossal' spending cuts to come, warns IFS
Current Austerity focus is running UK economy into the ground. Not towards the futures. Yes to cut waste. Yes to trim here and there. But there is no sight of investment into the future; ie pushing apprenticeships and industrial (STEM, research) practical skill set (dual college & university courses modelled after Germany), living wage, reduction on reliance on service sector and consumption. There is no inspiration. No future in his head. Just managing the status quo. Moving the pieces. Just like any other career politician. &! http://www.bbc.co.uk/news/business-30318870
austerity  George  Osborne  general  election  2015  UK  recovery  education  policy  Year  of  Code  Software  Is  Eating  The  World  industrial  policy  fairness  Gerechtigkeit  tax  avoidance  tax  evasion  Toff  Establishment  No  Representation  Super  Rich  Privileged  1%  tax  free  income  disposable  income  productivity  output  gap  liquidity  trap  zombie  consumer  zombie  corporations  zombie  banks  monetary  transmission  mechanism  sovereign  debt  crisis  Super  Cycle  living  wage  working  poor  child  poverty  food  poverty  poverty  public  health  policy  public  health  sick  population  NHS  practical  skills  practical  skill  set  STEM  apprenticeships  un-college  education  bubble  Liberal  Arts  democracy  Democratic  Process  Career  Politicians  Makers  policy  error  policy  folly  GFC  debtoverhang  deleveraging  flat  globalisation  globalization  competitive  competitiveness  comparative  advantage  Mobile  Creative  Mobile  Creatives  war  for  talent 
december 2014 by asterisk2a
Autumn Statement 2014: Osborne's Cuts 'Will See Public Spending Fall To Lowest Level In 80 Years'
Tony Dolphin, senior economist at the Institute for Public Policy and Research, warned that Osborne's planned cuts were "implausible". "Given the scale of cuts in the public sector, [the OBR] can only make its growth forecast add up by assuming that consumer demand is boosted by households taking on more debt - and at an unprecedented pace. "Extraordinarily, the OBR thinks that by 2019 the household sector will have a financial deficit twice as big as in 2007 and 2008 when the financial crisis hit. As result, the household debt-to-income ratio is forecast 2 rise beyond its pre-crisis peak 2 over 180%. "This is pretty implausible. If the next government tries 2 follow the deficit reduction path set out in the Autumn Statement, it can only succeed in the short-term because the household sector takes on debt @ a faster pace than it did before the financial crisis. [this warning was heeded some years ago alrdy that consumer&corp would have to take on debt to spend to keep GDP # up!!!]
austerity  UK  George  Osborne  economic  history  David  Cameron  general  election  2015  fairness  Liberal  Democrats  Conservative  Party  Labour  Party  Super  Rich  1%  Privileged  Establishment  No  Representation  Toff  fiscal  policy  Democratic  Process  democracy  tax  free  income  Budget  Gerechtigkeit  Gini  coefficient  income  inequality  compromise  Career  Politicians  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  economics  market  tax  evasion  tax  avoidance  GDP  economic  growth  zombie  corporations 
december 2014 by asterisk2a
Studie: Studenten sind unpolitisch und konsumorientiert - SPIEGEL ONLINE
Studenten sind politisch engagiert, eher links und tolerant? Nicht unbedingt, wie nach SPIEGEL-Informationen eine neue Regierungsstudie zeigt. Demnach wollen sie vor allem eines: "Sich schöne Dinge leisten können." [...] Walter Grünzweig, Professor für amerikanische Literatur und Kultur an der Technischen Universität Dortmund und Träger des Ars-Legendi-Preises für exzellente Lehre, macht für die Entwicklungen auch die Politik verantwortlich. Der einzige Zweck, den Hochschulen seit der Bologna-Reform noch zu erfüllen hätten, sei es, "Schmalspur-Absolventen" für den Arbeitsmarkt zu produzieren. "Wir erziehen eine unpolitische, antiintellektuelle Generation", warnt Grünzweig, der bei den aktuellen Studenten von einer Generation "unter extremem Druck" spricht. [Muendige Buerger? Ne ...]
Millennials  generationy  status  symbol  socioeconomic  status  social  status  status  anxiety  society  Selfie  Celebrity  of  You  gesellschaft  soziologie  sociology  psychology  self-awareness  self-respect  self-censorship  Self-esteem  social  mobility  income  mobility  fairness  Gerechtigkeit  advertisement  marketing  Personal  Brand  Media  Fake  values  education  policy  Liberal  Arts  University  College  policy  folly  policy  error  Makers  Career  Politicians  short-term  thinking  short-term  view  Bulimie  Lernen  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalization  globalisation  Why  Software  Is  Eating  the  Software  Is  Eating 
october 2014 by asterisk2a
BBC News - More student loans won't be repaid, government believes
Ministers estimated that 28% of loans would never be paid back in full when factoring their calculations. But now repayment levels are projected to drop so low that the government is close to getting back less money than it would have by keeping the old system. Responding to a parliamentary question, universities minister David Willetts said the government had been reviewing its modelling on student loans and now estimated that about 45% would be written off - an increase from 40% six months ago. Economics consultancy London Economics said the "tipping point" at which the costs of the new system will exceed those of the old one would be reached if 48.6% of all student loans were not repaid.
StudentLoans  Student  Loan  Bubble  debt  income  mobility  social  mobility  Super  Cycle  debt  education  policy  Public  babyboomers  Future  of  Work  practical  skills  practical  skill  set  Liberal  Arts  Mobile  Creative  Mobile  Creatives  apprenticeships  Trainee  Year  of  Code  Elite  Privileged  1%  meritocratic  meritocracy  Toff  UK  industrial  policy  manufacturing  destruction  Structural  Impediments  imbalance  faultlines  flat  world  service  economy  globalisation  globalization  David  Cameron  GFC  austerity  George  Osborne  Career  Politicians  short-term  thinking  short-term  view  Vision  Leadership 
october 2014 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
The Rise Of Europe's Religious Right
For the most part, though, issues dear to social conservatives were a side issue in elections driven heavily by economic frustration. [...] The suddenness with which social conservatives became a force in Brussels has many progressives speculating that they are the creations of American social conservatives seeking to “export the culture wars.” [...] Today, American ties seem much more about a shared vision to build a global conservative movement rather than leaning on stronger and wealthier U.S. partners for support. // http://www.salon.com/2014/02/28/the_dying_right_why_christian_fundamentalists_are_in_panic_mode_partner/ || Pro Progressive - the hard things are hard bc they are worth doing it. It's easy to turn ones back. But its hard to hold your face into the storm that is brewing. Holding onto status quo is not worth the struggle, it is a futile short-term view - as the status quo is not sustainable.
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july 2014 by asterisk2a
▶ Why countries grow - YouTube
Nations rich in transferable skills have more growth potential than those that merely exploit their natural resources, according to Harvard's Ricardo Hausmann. In part one of a discussion with John Authers he explains how to map a country's usefulness. >> http://www.amazon.co.uk/The-Atlas-Economic-Complexity-Prosperity/dp/0262525429/ + Part 2 /watch?v=i-TQqyM-pNg History of Growth ...
skills  knowhow  Career  Politicians  Politics  public  policy  transferable  skills  Higher  Education  formal  academia  Diversity  product  diversification  Oil  bubble  GDP  political  folly  competitive  advantage  competitiveness  policy  error  policy  folly  globalization  short-term  thinking  economic  history  fiscal  policy  political  error  prosperity  income  mobility  Ricardo  Hausmann  natural  resources  social  mobility  book  diversification  economics  globalisation  liberal  economic  reform 
october 2013 by asterisk2a
Forscher untersuchen Voraussetzungen für Wirtschaftswachstum - SPIEGEL ONLINE
Vielfalt bringt mehr Fortschritt als Spezialisierung. [...] Denn woher Wirtschaftswachstum wirklich kommt, ist bis heute eine der umstrittensten Fragen unter Volkswirten. Lange vertrauten Wissenschaftler auf das Modell des Ökonomen Robert Solow, der dafür 1987 den Wirtschaftsnobelpreis erhielt. Zwar identifiziert Solow Fortschritt als langfristig wichtigste Quelle für Wachstum - doch wie dieser Fortschritt entsteht, darüber schweigt sich sein Modell aus. Seitdem haben sich Generationen von Wirtschaftsforschern an diesem Rätsel abgearbeitet. [...] Der Physiker Luciano Pietronero von der Universität La Sapienzia in Rom sagt jenen Ländern eine rosige Zukunft voraus, deren Wirtschaft sich auf viele unterschiedliche Sektoren stützt und komplexe, weltweit gefragte Produkte herstellt. "Labil ist der Wohlstand hingegen überall dort, wo er an einigen wenigen Produkten hängt", so Pietronero - etwa am Öl in Saudi-Arabien.
David  Ricardo  academics  microeconomic  policy  dogma  Luciano  Pietronero  economic  growth  academia  India  development  economics  competitiveness  macroeconomics  China  innovation  macroeconomic  policy  globalization  microeconomics  economic  history  philosophy  BRIC  economic  fitness  Brazil  global  imbalances  economics  Russia  globalisation  liberal  economic  reform  competition 
april 2013 by asterisk2a
BBC News - Why does the UK love the monarchy?
"What is it about our country that we retain such affection for a system which appears at odds with the meritocratic principles of a modern liberal democracy?"

[...]

Bagehot had identified a developing national characteristic. As colonial power and the riches of empire declined, there was an increasing desire to define greatness as something other than wealth and territory. Britain wanted to believe it was, intrinsically, special. "People yield a deference to what we may call the theatrical show of society," he wrote. "The climax of the play is the Queen."

[Everything around the Monarchy, the Queen and hereditary authority acts as IT for] national communion. [Simply British national life held high with pride.] "Uniquely ours."

The explanation, I think, is that the 1950s were also a period in which the country was anxious about how global, institutional and social change might threaten its identity.

Monarchy represented a bulwark against rapid and scary change.
reason  nationality  identification  identity  2012  Diamond  Jubilee  austerity  immigration  globalisation  anxiety  culture  change  society  democracy  meritocratic  meritocracy  liberal  democracy  liberal  Britain  UK  history  monarchy 
june 2012 by asterisk2a

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