asterisk2a + liberal + living   18

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
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
Big businesses should agree to renounce aggressive tax planning, says HMRC | Business | The Guardian
[ Voluntary, are you kidding me!? ] The government wants the UK’s largest businesses to sign a voluntary code of conduct on tax which would see them renounce aggressive tax planning and vow to follow the spirit as well as the letter of the law. // [ rootless crony capitalistic tax evaders with profit maximization and shareholder value on mind ... to pay more!? ] [ how intellectual dishonest can one be!? (Osborne, Cameron and Co.) we are obviously not all in this together! He ask the poorest, disabled and unemployed to do their best (or work more hours, harder and asking their employer to pay them more for the same amount of work - by cutting tax credits) and if it doesn't yield results, cuts the benefits (his 'only work pays' mantra ... and ask crony rootless global conglomerates to be a little easier on tax planning through a "voluntary code of conduct" ]
general  election  2015  election  campaign  promises  budget2015  crony  capitalism  capitalism  Wall  Street  shareholder  value  profit  maximisation  David  Cameron  George  Osborne  No  Representation  austerity  tax  avoidance  tax  evasion  UK  conglomerate  corporate  governance  Career  Politicians  IMF  OECD  democracy  society  social  cohesion  social  tension  HMRC  corporate  tax  rate  trickle-down  economics  economic  model  economic-thought  dogma  ideology  propaganda  corporate  state  populism  Lügenpresse  fairness  Gesellschaft  solidarity  manufactured  consent  neoliberalism  neoliberal  liberal  economic  reform  microeconomic  policy  Makers  policy  error  policy  folly  tax  credit  child  tax  credit  working  tax  credit  Tories  Conservative  Party  DWP  Iain  Duncan  Smith  minimum  wage  living  wage 
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) )
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july 2015 by asterisk2a
Resistance is not enough – we need a whole new political vision | Zoe Williams | Comment is free | The Guardian
[ trying to pit the weak and squeezed against the weaker, on the the dole, and bread line and disadvantaged (born into extreme poverty) ] // The budget took us further down a vindictive, regressive path. But we don’t have to toe the government’s line – we need to decide how we want society to look // [ Book owen Jones - The Establishment ] // [ cutting away left and right, even those things which help long-term creating opportunity - eduction policy, vocational education, (Student Maintenance Grant) social services, mental health and well being ... ] [...] To attack first entails retaking the language, so that we aren’t constantly battling on the territory of “common sense” that has already been demarcated and controlled by someone else. Professor Danny Dorling, at the British Library’s weekend conference on London, had this suggestion, in the wake of Osborne’s appropriation of the phrase “living wage”. [ Same with re-appropriating child poverty targets ] [ intellectual scum ]
budget2015  austerity  fairness  Gesellschaft  class  warfare  welfare  state  Public  Services  Social  Services  Soziale  Marktwirtschaft  propaganda  manufactured  consent  corporate  state  populism  democracy  society  David  Cameron  George  Osborne  Toff  Establishment  Privileged  dogma  ideology  Europe  Fiscal  Pact  Schuldenbremse  economic  history  neoliberal  neoliberalism  class-warfare  squeezed  middle  class  working  class  working  poor  precarious  work  Precariat  surveillance  state  Orwellian  Privacy  Internet  Privacy  self-censorship  child  poverty  poverty  trap  food  poverty  poverty  Public  Policy  Career  Politicians  No  Representation  minimum  wage  living  wage  language  Conservative  Party  Tories  UK  trickle-down  economics  liberal  economic  reform  shared  economic  interest  economic  damage  economic  model  microeconomics  short-term  thinking  short-form  content  Gini  coefficient  mobility  income  mobility  IMF  OECD 
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
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
Firms must be forced to raise low pay, says key ally of David Cameron | Society | The Guardian
Ex-Downing Street aide Rohan Silva puts forward radical plan to make the living wage a requirement. George Osborne will come under new pressure to tackle the scourge of low pay, as a former senior adviser to David Cameron calls for all employers to be forced to pay the living wage as a way to combat poverty and boost the economy. [...] [London] is thriving but is threatened by two problems that afflict the economy: a chronic shortage of housing, and poverty. “There is one simple thing we can do: make the living wage a requirement for London jobs, as well as across the UK,” he writes. “At a stroke, this would boost salaries, support families and improve the quality of life for millions of people.” [...] [ If you think companies will voluntary pay living wage, you are a fool. Tax evaders/avoidance. Rootless crony global corporate conglomerates have no such shared economic interest. ]
living  wage  minimum  wage  working  poor  precarious  work  Precariat  Contractor  Zero  Hour  Contract  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  tax  credit  working  tax  credit  child  tax  credit  crony  capitalism  capitalism  profit  maximisation  shareholder  value  shared  economic  interest  George  Osborne  budget2015  austerity  welfare  state  affordable  housing  social  housing  UK  economic  history  liberal  economic  reform  ideology  dogma  Conservative  Party  trickle-down  economics 
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.
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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
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
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december 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

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