asterisk2a + liberal + labour   36

Brexit: Boris Johnson warns against 'punishment beatings' - BBC News
And HSBC announced it was preparing to move 1,000 staff from London to Paris when the UK leaves the EU. [...] Guy Verhofstadt said there was 'no way' the UK could pick and choose aspects of the EU [...] German Chancellor Angela Merkel said: "The be-all and end-all is that Europe does not let itself be divided, and we will ensure that with very intensive contacts.'' EU governments would consult their business sectors, she added, and she was "not worried that we will not stick together". [...] The Financial Times praises the prime minister's "bold vision" but warns that the road ahead will be perilous. [...] At Prime Minister's Questions, Mr Corbyn urged Mrs May to "stop her threat of a bargain basement Brexit, a low-paid tax haven on the shores of Europe".
He added: "It won't necessarily damage the EU but it would certainly damage this country." [...] Mrs May told MPs: "What I set out yesterday was a plan for a global Britain, bringing prosperity to this country and jobs to people and spreading economic growth across this country." [...] "not just nasty but also blind to reality".
Brexit  European  Union  Theresa  May  Jeremy  Corbyn  Liberal  Democrats  Nick  Clegg  Labour  tax  haven  offshore  evasion  avoidance  regulation  self-regulation  deregulation  welfare  state  DWP  Austerity  neoliberalism  crony  capitalism  nasty  party  Tories  Conservative  indyref2 
january 2017 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
Capitalism and Mental Health: How the Market Makes Us Sick
POVERTY TRAP! // we were never as miserable as a nation as ever before.
profit  maximisation  profit  maximization  underinvestment  austerity  shareholder  capitalism  capitalism  in  crisis  capitalism  capitalist  working  poor  Precariat  squeezed  middle  class  status  anxiety  materialism  consumerism  consumerist  well  being  mental  health  burnout  work  life  balance  exploitation  exploited  part-time  part-time  employment  Contractor  self-employment  Soziale  Marktwirtschaft  cortisol  poverty  trap  poverty  child  poverty  low  pay  low  income  shareholder  value  Wall  Street  disposable  income  discretionary  spending  Robert  Skidelsky  Slavoj  Žižek  Disabled  vulnerable  DWP  WCA  Iain  Duncan  Smith  Stephen  Crabb  George  Osborne  David  Cameron  public  health  public  health  policy  public  health  risk  liberal  economic  reform  neoliberal  neoliberalism  JSA  sanctions  Food  Bank  self-medication  substance  abuse  abuse  alcohol  abuse  alcoholism  binge  drinking  coping  mechanism  GP  health  care  cost  health  care  demand  NHS  homeless  homelessness  Housing  Generation  Rent  UK  USA  precarious  work  precarious  employment  isolation  child  protection  education  policy  Self-esteem  sociology  psychology  Wertegesellschaft  Gesellschaft  values  Gentrified  Gentrifzierung  gentrification  Beton  Gold  Betongold  urban  planning  urbanisation  rat  capitalism  class  economic 
april 2016 by asterisk2a
There’s so much to protest against. How to keep up? | Barbara Ellen | Opinion | The Guardian
On the eve of a House of Lords vote, more than 30 charities, including Mencap, Parkinson’s UK and Mind, plus peers, including Paralympian Tanni Grey-Thompson, have criticised the cuts (which would in effect reduce ESA to ordinary jobseeker level), arguing that they would put the disabled under increased pressure and make it harder for them to find work. [...] This is what matters at present – however dutifully the Labour party opposes cuts, the Tories clearly feel “unopposed” and thus free to continue unleashing their bombardments. People like me may also owe the shamed, battered Liberal Democrats an apology – during their time in coalition perhaps they did put the brakes on the worst excesses of Tory policy.
austerity  Labour  Party  Liberal  Democrats  Tories  nasty  Disabled  vulnerable  ESA  DWP  Iain  Duncan  Smith  budget2015  welfare  state  social  safety  net  poverty  Food  Bank  House  of  Lords  Gini  coefficient  income  distribution  income  redistribution  social  mobility  income  mobility  mental  health  HR  human  resources  discrimination  George  Osborne  social  democracy  David  Cameron  Jeremy  Corbyn  Opposition  Party  Career  Politicians  No  Representation  fairness 
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
Nicola Sturgeon asks opponents to back second independence referendum - BBC News
First Minister Nicola Sturgeon has challenged Scotland's Labour and Lib Dem leaders to consider backing a second vote on Scottish independence. The plea came after Kezia Dugdale and Willie Rennie said their members could campaign for independence. Ms Sturgeon said she welcomed what her opponents had said but she found it a "curious tactic". Both Labour and the Lib Dems said the first minister should concentrate on her party's record in government. SNP leader Ms Sturgeon believes there should be a further referendum on Scottish independence if there is growing support for leaving the UK or there is a "material change" in UK politics. [...] She spoke out after Ms Dugdale said there was "no denying that 30% of Labour voters voted 'Yes' in the referendum" and that she wanted to lead a party "that is comfortable with people who voted 'Yes' and 'No' backing our values of creating a fair and more equal society for everyone".
Scottish  Independence  Scottish  referendum  SNP  austerity  British  Bill  of  Rights  Brexit  David  Cameron  Hameron  Scandal  Westminster  Holyrood  Scotland  devo-max  Devolution  The  Smith  Comission  The  Vow  George  Osborne  Tories  Establishment  Privileged  Entitlement  Conservative  Party  general  election  2015  election  campaign  promises  Labour  Party  Liberal  Democrats  UK  political  theory  social  contract  Generationengerechtigkeit  fairness  Jeremy  Corbyn 
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
Empire of the geeks | The Economist
Silicon Valley should be celebrated. But its insularity risks a backlash [...] Critics are often from industries wanting to protect their privileges; the geeks’ aggressive behaviour is sometimes part of the creative destruction that leads to progress. But that is not the only source of anger. Silicon Valley also dominates markets, sucks out the value contained in personal data, and erects business models that make money partly by avoiding taxes. There is a risk that global consumers will feel exploited and that the effects of a shrinking tax base will infuriate voters. If the perception takes root that enormous profits from exploiting data and avoiding taxes are crystallised in the fortunes of a few people living on a patch of ground near San Francisco, then there will be a backlash." // recent emergence of marketplace for X and gig platform for X - 1099 Economy etc etc, making money with our data - Facebook.
Silicon  Valley  irrational  exuberance  hubris  creative  destruction  shared  economic  interest  crony  capitalism  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  exploitation  business  model  corporate  values  Universal  Basic  Income  Software  Is  Eating  The  World  Future  of  Work  Mobile  Creatives  Mobile  automation  marketplace  marketplace  efficiencies  commodity  business  commoditization  Robotics  autonomous  car  self-driving  cars  augmented  intelligence  Big  Data  machine  learning  deep  learning  artificial  intelligence  labour  market  job  creation  labour  economics  job  market  working  poor  squeezed  middle  class  Sozialer  Abstieg  neoliberalism  neoliberal  liberal  economic  reform  precarious  Precariat  poverty  trap  education  policy  vocational  education  social  mobility  Gini  coefficient  growth  mobility  capital  gains  tax  code  fairness  social  cohesion  social  tension  Gesellschaft  society  downward  mobility  gender  inequality  technological  history  Niedriglohnsektor  lohndumping  Service  Sector  Jobs  Lohnzurückhaltung  minimum  wage  living  wage  uncertainty  job  security 
july 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
Inequality and the Challenge of Employment - New Economic Thinking - YouTube
intrinsic motivation, fairness, social animal - social comparison (is encoded into the brain) - status anxiety // self-interest mostly wins over ethics/moral values? // trust between principle & agent // org structure and inventive - ie bonus variable attracts more selfish people and risk takers // justice and fairness is critically important - not only in orgs but also democracies //&! Natural rate theory (equilibrium) - service sector jobs (unskilled manual labour jobs) w minimum wage and not higher. and flexible wages with no minimum wage (USA) create working poor/inequality. institutional change - economists are not just analysts they also affect policy makers (think tanks). // austerity hurts equality/social mobility = economic long-run damage to potential (thus output gap and productivity loss) - lack of supply of able workforce to create added value products & services. trickle-down not helping. //&! tax code unfair, lower capital gains tax than on earned (labour) income
inequality  Gini  coefficient  social  mobility  income  mobility  intrinsic  motivation  fairness  human  resources  HR  management  people  management  well  being  philosophy  Alain  de  Botton  happiness  index  Selbstfürsorge  self-awareness  self-actualization  Maslow  socioeconomic  status  status  anxiety  social  status  workplace  work  environment  beyond  workplace  drama  chronic  stress  shareholder  value  profit  maximisation  shared  economic  interest  economic  damage  wage  growth  income  growth  income  gap  gender  pay  gap  glass  ceiling  glass  cliff  gender-based  discrimination  gender  inequality  trust  labour  economics  labour  market  microeconomic  policy  behavioral  economics  Organizational  behavior  organization  skill-biased  technological  change  job  market  minimum  wage  living  wage  equilibrium  sticky  wages  liberal  economic  reform  neoliberal  neoliberalism  underemployed  Workers  Union  macroeconomic  policy  unemployment  skills  gap  education  policy  vocational  education  poverty  trap  student  debt  student  loan  downward  mobility  welfare  state  Higher  income  inequality  Privileged  Middle  Class  Sozialer  Abstieg  squeezed  Public  Services  Services  child  poverty  poverty  American  Dream  output  gap  potential  output  added  value  value  creation  capital  skills  human  capital  dehumanisation  subhuman  trickle-down  economics  dogma  ideology  austerity  policy  error  policy  folly  UK  state  capital 
july 2015 by asterisk2a
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
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: SNP says Osborne 'taking from the poor' - BBC News
Budget 2015: SNP says Osborne 'taking from the poor'. George Osborne has been accused of being the "high priest of an austerity cult" after he set out plans to cut the welfare budget by £12bn. [...] The SNP said Mr Osborne was "taking from the poor, giving to the rich". Scottish Labour said it was a "bad budget for working families, our most vulnerable and our young people". [...] But the Chancellor said his Budget was designed to take Britain "from a low wage, high tax, high welfare economy, to the higher wage, lower tax, lower welfare country we intend to create". [ only economic industrial policy will help/incentivize to create jobs that add value - vs no multipliers in the service sector jobs (minimum wage jobs, just scrapping by, no sizable disposable income/discretionary spending) ] << "Same old Tory Budget" bbc.in/1dMStiI
budget2015  SNP  Labour  Party  austerity  ideology  dogma  Gini  coefficient  social  mobility  income  mobility  output  gap  productivity  economic  growth  added  value  industrial  policy  short-term  thinking  short-term  view  IMF  economic  history  tax  evasion  tax  avoidance  corporate  tax  rate  neoliberal  neoliberalism  liberal  economic  reform  welfare  state  Public  Services  Services  Toff  Privileged  Establishment 
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
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
Arbeitsmarkt: Prekäre Beschäftigung belastet Privatleben - SPIEGEL ONLINE
Leiharbeiter, Minijobber und Teilzeitbeschäftigte müssen nicht nur mit geringem Einkommen vorlieb nehmen. Die Berufssituation wirkt sich einer Studie zufolge auch negativ auf ihr Privatleben aus. Besonders bei Frauen. [...] Dabei betrachten die Forscher atypische Beschäftigung nicht pauschal als Teufelswerk, betonen aber den zwiespältigen Charakter: Während Arbeitnehmer befristete Stellen und Leiharbeit ganz überwiegend unfreiwillig und mangels alternativer Angebote übernähmen, sehe das bei Teilzeit- oder Minijobs auf den ersten Blick teilweise anders aus. Insbesondere Frauen entschieden sich häufig bewusst für einen solchen Job, um mehr Zeit für die Familie zu haben. Doch selbst wenn es sich "oberflächlich betrachtet" um eine freiwillige Wahl handele, steckten dahinter oftmals "strukturelle Zwänge", wie etwa fehlende Möglichkeiten der Kinderbetreuung oder die geringe Bereitschaft der Arbeitgeber, den Bedürfnissen von Familien Rechnung zu tragen.
precarious  work  Precariat  underemployed  Zeitarbeit  Leiharbeit  Minijob  minimum  wage  living  wage  gender  inequality  Gesellschaft  Sozialer  Abstieg  squeezed  middle  class  uncertainty  Existenzangst  hartz-iv  liberal  economic  reform  labour  market  labour  economics  Universal  Basic  Income  happiness  index  social  safety  net  welfare  state  tax  credit  tax  code  tax  free  Public  Services  Services  Schuldenbremse  austerity  Fiscal  Pact  chronic  stress  poverty  child  poverty  food  poverty  poverty  in  old  age  social  mobility  mobility  vocational  education  Gini  coefficient  Germany  mental  health  mental  illness  Oxidative  stress  health  health  policy  child  care  atypical  employment  structural  unemployment  long-term  unemployment  unemployment  microeconomic  policy  burnout  sociology  class  warfare  Soziale  Marktwirtschaft 
june 2015 by asterisk2a
UK firms used 1.8m zero-hours contracts, says ONS
bit.ly/1JwCXEk &! bit.ly/1vyV6wH - Almost 700,000 people in UK have zero-hours contract as main job Figures show staff deals with no guaranteed hours have risen 26% since last year with number of such contracts jumping from 1.4m in 2013 to 1.8m &! bit.ly/1OuHw6o &! on.ft.com/1JwD5no - The use of zero-hours contracts varies dramatically by sector for the economy, with 53 per cent of accommodation and food services companies using them, compared with just 3 per cent of information and finance companies. Part of the difference between the two official estimates is due to people who had more than one zero-hours contract with different employers or those who had a zero hours contract to supplement their main employment, but it highlights the difficulty in producing a reliable estimate of how many people are working under such terms and conditions.
Zero  Hour  Contract  neoliberal  neoliberalism  liberal  economic  reform  austerity  labour  market  labour  economics  working  poor  poverty  precarious  work  Precariat  uncertainty  chronic  stress  work  environment  crony  capitalism  human  capital  exploitation  short-term  thinking  short-term  view  Wall  Street  profit  maximisation  shareholder  value  Niedriglohnsektor  Service  Sector  Jobs  economy  Services  Industry  Workers  Union  minimum  wage  living  wage 
may 2015 by asterisk2a
Why the 2015 British election is the closest in decades - YouTube
Conservative were not able to broaden their appeal - not to erase legacy and toxicity (although they deleted past records and speeches of their leaders and MPS from their own homepage after the 2010 election (ConLibDem coalition)), recovery lacked wage growth and decent jobs - and focusing on austerity, lowering top tier tax rate and ignoring tax evasion and avoidance schemes as well as not putting the hammer down on financial speculation (splitting from retail banking) - did not bode well with society after bailing out the largess of Wall Street to the tunes of trillions.
general  election  2015  UK  democracy  SNP  Scottish  independence  referendum  Scottish  Scotland  Wales  Labour  Party  Conservative  Party  David  Cameron  austerity  Liberal  Democrats  Career  Politicians  No  Representation 
may 2015 by asterisk2a
Großbritannien ǀ Königsmacher und Spielverderber — der Freitag
Großbritannien Schlägt bei der Unterhauswahl die Stunde der Nationalisten? Die „britischen Parteien“ verlieren ihre Hegemonie
general  election  2015  UK  democracy  SNP  Conservative  Party  Liberal  Democrats  Labour  Party  UKIP 
may 2015 by asterisk2a
Does money affect children's outcomes? - YouTube
causal vs correlation // reduce stress and anxiety, mental health, // fairness of austerity on welfare and public social services - vs - going after (10x higher amount of savings compared to welfare cuts) tax avoidance and evasion by corporates and individuals // why isn't the IMF & OECD warning UK not to cut crucial welfare (that would widen inequality, social mobility, fairness etc) further if it already admitted that austerity for PIGS nations is not the right medicine!!??
education  policy  Public  Social  Services  child  poverty  poverty  Gini  coefficient  mobility  income  mobility  austerity  Career  Politicians  health  policy  health  UK  inequality  welfare  state  budget  deficit  fairness  general  election  2015  Conservative  Party  Liberal  Democrats  IMF  OECD  economic  history  SNP  Labour  Party 
april 2015 by asterisk2a
BBC News - Danny Alexander calls for corporate tax evasion crackdown
"We are all in this together." << ya right .... /// "They see benefit fraudsters brought before the courts and small firms harangued by the tax man for modest VAT bills while giant firms and high net worth individuals know it's unlikely they'll be prosecuted for not paying all their taxes. [...] Danny Alexander concedes it might be a big ask to get a new law through Parliament making inaction in the face of tax evasion a crime but the Lib Dems will try." - http://www.bbc.co.uk/news/business-31574457 - HSBC 'open to criminal charges' &! http://www.bbc.co.uk/news/uk-31477788 - Balls pledges tax evasion crackdown &! http://www.bbc.co.uk/news/business-31447703 - Treasury looking at tightening tax evasion laws &! http://www.bbc.co.uk/news/business-31579026 - HSBC chief 'holding £5m in Swiss account' - Guardian report
money  laundering  organised  crime  tax  evasion  tax  avoidance  UK  election  campaign  promises  general  election  2015  austerity  Conservative  Party  Labour  Party  Liberal  Democrats  SNP  welfare  state  Toff  Establishment  Privileged  Super  Rich  1%  No  Representation  democracy  trust  trustagent  confidence  Protest  Party  Protest  Partei  UKIP  European  2014  Career  Politicians  Gini  coefficient  inequality  fairness  social  cohesion 
february 2015 by asterisk2a
BBC News - NHS reorganisation was disastrous, says King's Fund
But they were described by NHS leaders as "so big you could see them from space". The changes, which came into force in 2013, abolished large numbers of NHS organisations. Purse strings The aim was to shift the balance of power in the NHS to give GPs more say over the way budgets were spent. It provoked uproar in sections of the medical profession, in part over the role of potential privatisation of some services. King's Fund chief executive Chris Ham told the BBC: "People in the NHS focused on rearranging the deckchairs rather than the core business of improving patient care. "That's contributed to the increasing waiting times and declining performance that patients are experiencing." [...] During the reorganisation, all 151 primary care trusts - which provided services such as hospitals, dentists and opticians - and the 10 regional strategic health authorities were abolished. New bodies called clinical commissioning groups were set up locally.
NHS  Liberal  Democrats  Conservative  Party  general  election  2015  Labour  Party  Career  Politicians  management  Public  Services  Social  Services 
february 2015 by asterisk2a
What's up for grabs in May 2015? - Newsnight - YouTube
"people are sick of politics." &! https://www.facebook.com/naomi.wolf.author/posts/10153007217144476 - "When people say they have no politics, it means that their politics aligns with the status quo. None of us are unbiased, none removed from the question of power. We are social creatures who absorb the outlook and opinions of those with whom we associate, and unconciously echo them. Objectivity is impossible." "The illusion of neutrality is one of the reasons for the rotten state of journalism, as those who might have been expected to hold power to account drift thoughtlessly into its arms." http://www.theguardian.com/commentisfree/2015/jan/20/broadcasters-mouthpieces-of-elite-balanced-news-journalists
general  election  2015  UK  political  science  political  theory  political  economy  democracy  No  Representation  political  error  policy  folly  policy  error  Labour  Party  Liberal  Democrats  Conservative  Party  Toff  Establishment  Privileged  UKIP  recover  21stcentury  GFC  greatrecession  Protest  Protest  Parties  Protest  Party 
january 2015 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
Osborne moves to cut spending to 1930s levels in dramatic autumn statement | UK news | The Guardian
As the BBC already wrote "The OBR calculates that spending per head in real terms in 2019/20 on the public sector minus health & schools would be £1,290, or 57% less than in 2009/10." &! ind.pn/1tQKhyR "Cuts are expected to be made in non-protected departments such as police, local government & justice in a mission 2 reduce £147bn spending 2 £86bn by 2019/2020 following a £5bn overspend which has caused the £1.5 trillion national debt to continue rising. Robert Chote, chairman of the Office 4 Budget Responsibility, predicts a "very sharp squeeze" as only 40% of cuts deemed 2 be necessary have been made in the current parliament while the next is required 2 account for the remaining 60%. [...] Nick Clegg 'Tory plans 2 cut budgets & welfare before raising taxes on the extremely wealthy as "complete and utter nonsense".' [...] Mr Cable also condemned [plans.] [...] Danny Alexander 'taxes on the wealthy = deal breaker in coalition negotiations come general election.' &! bbc.in/1vPkrk6
austerity  UK  George  Osborne  economic  history  David  Cameron  general  election  2015  fairness  tax  avoidance  tax  evasion  Liberal  Democrats  Conservative  Party  Labour  Party  Super  Rich  1%  Privileged  Establishment  No  Representation  Toff  fiscal  policy  Democratic  Process  democracy 
december 2014 by asterisk2a
BBC News - What UKIP victory means
Only Nigel Farage can be totally satisfied today although he knows all too well that winning a national election which he described as a "free hit" on the political establishment is much easier than winning a single seat in Westminster. A year ago few took that prospect seriously. They do now. +++ http://www.bbc.co.uk/news/uk-politics-27567744
UKIP  UK  Labour  Party  Conservative  Party  Liberal  Democrats  David  Cameron  Nick  Clegg  Alex  Salmond  Ed  Miliband  Nigel  Farage  Career  Politicians  trust  trustagent  confidence  voter  turnout  Council  Election  2014  European  Election  2014 
may 2014 by asterisk2a
Election results 2014: Ukip blames London election performance on difficulty appealing to the 'educated and cultured' - UK Politics - UK - The Independent
Election results prove Ukip can damage Labour as well as Tories Both parties need to rethink their campaign strategies if they are to beat back the Farage fox in the Westminster henhouse http://www.theguardian.com/politics/2014/may/23/election-results-prove-ukip-damage-labour-tories-farage || + Ed Miliband NEED TO RAISE HIS GAME! >> What do the council results mean for the 2015 general election? It is not easy to extrapolate from local election results, but these ones could suggest Labour falling just short of a working majority http://www.theguardian.com/politics/2014/may/23/what-council-results-mean-2015-general-election ||| + London is Ukip's worst nightmare The local election results highlight how out-of-step London attitudes pose a serious dilemma for Labour and Tories ""LONDON is metropolitan elite concerned chiefly with itself."" - http://www.theguardian.com/commentisfree/2014/may/23/london-ukip-nightmare-labout-tories-local-elections-farage || +++ http://bbc.in/1qZCqn1
UKIP  general  election  2015  UK  Council  2014  Ed  Miliband  Labour  Party  Conservative  Party  Liberal  Democrats  Politics  election  campaign  promises  London  economies  of  agglomeration  Gini  coefficient  social  mobility  income  mobility  job  creation  job  market  economic  divide  jobmarket  jobcreation  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  productivity  comparative  advantage  comparative-advantage  competitive  competitive  advantage  competitiveness  Nigel  Farage  davidcameron  GeorgeOsborne  austerity  fiscal  policy  monetary  policy  Nick  Clegg  Career  Politicians  PPE  social  society  Europe  immigration  David  Cameron 
may 2014 by asterisk2a
BBC News - Nigel Farage: UKIP to be serious players at general election
Labour Party gaining ground .... but will it be enough (traction) to replace the coalition of Conservatives/LibDems? http://www.bbc.co.uk/news/events/vote2014 - waiting for further detailed analysis; http://www.economist.com/blogs/blighty/2014/05/local-elections "Most revealingly for the party’s long-term prospects, UKIP’s triumph in local elections is proof of its growing knack for campaigning on-the-ground and on domestic political issues. For years the party’s success was limited to European elections, where bluster about the EU and a strong broadcast presence was enough. Not any more. The party’s membership has shot up to more than 35,000, meaning it can now seriously compete in first-past-the-post contests." + http://www.economist.com/blogs/blighty/2014/05/shape-britain "LOSING America is popularly considered to have been one of the things that cost King George III his sanity. David Cameron, by contrast, appears to think that losing Scotland would not even cost him his job."
UKIP  Council  Election  2014  UK  Labour  Party  davidcameron  nickclegg  GeorgeOsborne  Liberal  Democrats  Conservative  Party  general  2015  Scottish  Independence  Career  Politicians  public  policy  fiscal  policy  Makers  policy  error  policy  folly  NHS  austerity 
may 2014 by asterisk2a
BBC News - Budget highlights philosophical divide
This philosophical divide between state intervention and individual liberty is one of the biggest pools of clear blue water between the two largest parties. But it has not dominated political debate in the wake of the Budget. + http://www.bbc.co.uk/news/business-26666103 + Key points of Budget 2014: At-a-glance: http://www.bbc.co.uk/news/uk-politics-26626280 :: increase in personal tax allowance to £10,500 + http://www.bbc.co.uk/news/business-26645108 + http://www.bbc.co.uk/news/uk-politics-26563010
UK  GeorgeOsborne  davidcameron  edmilliband  Labour  Party  Conservative  Party  Career  Politicians  Politics  public  policy  Philosophy  economics  budget2014  budget  taxation  tax  free  income  working  poor  squeezed  middle  class  Liberal  Democrats  Gini  coefficient  income  inequality  inequality  minimum  wage 
march 2014 by asterisk2a
Labour markets: Modern worker, dated benefits | The Economist
according to Thomas Friedman:

In the past, workers with average skills, doing an average job, could earn an average lifestyle. But, today, average is officially over. Being average just won’t earn you what it used to. It can’t when so many more employers have so much more access to so much more above average cheap foreign labor, cheap robotics, cheap software, cheap automation and cheap genius. Therefore, everyone needs to find their extra — their unique value contribution that makes them stand out in whatever is their field of employment. Average is over.

---

a worrying aspect of the modern labour market is the income inequality it has created.

>> true for health care. Economist Brigitte Madrian has found that if it were not for employer health insurance, job turnover would be 25% higher. It also may discourage entrepreneurship. Alison Wellington found people are more likely to be self-employed when they are not dependent on their job for health insurance.
healthcare  USA  liberal  economic  reform  economics  employment  labour  market 
february 2012 by asterisk2a

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