asterisk2a + oligarchy   221

'Put that down, cancel that': the Guardian tracks Philip Green to Monaco | Business | The Guardian
Philip Green
another big employer with a nearly a billion-pound pension deficit, which might mean the gov had to bail the scheme out.

https://www.theguardian.com/business/2019/may/23/philip-greens-retail-rescue-plan-torpedoed-by-pension-watchdog - Philip Green's retail rescue plan at risk over pension scheme

24hrs later - 60 stores close incl USA, less pension contribution, less pension payout, lowered rents for existing stores, still to be agreed.
- restructuring
https://www.bbc.co.uk/news/business-48406854
Philip  Green  Arcadia  1%  tax  evasion  avoidance  Retail  crisis  highstreet  pension  deficit  bailout  scheme  greed  plutocracy  DonaldTrump  Donald  Trump  Brexit  oligarchy  Aristocracy  inequality  poverty  trap  minimum  wage  working  poor 
7 weeks ago by asterisk2a
(1086) Middle Class Loses, Plutocrats Win With Trump's Tax Cuts - YouTube
and the 10% the new Aristocracy.
Trump with this tax cut program cut himself short and in trouble
Also broken promise on infrastructure spending
Also broken promise on health care.
DonaldTrump  Donald  Trump  tax  Plutocracy  Oligarchy  GOP  1%  10%  middle-class  American  Dream  USA  economic  history  GFC 
february 2019 by asterisk2a
(14096) Lewis Lapham: Can America Survive the Rule of a “Stupified Plutocracy”? - YouTube
“Money and Class in America,”
where does "American Dream" come from?
100 years ago the American Dream got corrupted, now again
Harvard grads have done the most damage do America.
how do you find mediation, balance power between rich and poor
democratic society put premium on society
capitalism not
constant tension between capitalism and a democratic society
constant dialectic
more money earned with rents and dividents than wages 1984 and the gap is widening further.
"do we live in a democracy?" No!
loss of faith in democratic idea
&!
Stupidfied Plutocracy
https://www.youtube.com/watch?v=2DXsPeBiIQY - When Meritocracy Breeds Greed
https://www.youtube.com/watch?v=kZU0IXO7AQw&t=88s - The End of American Exceptionalism
American  Dream  DonaldTrump  Donald  Trump  Capitalism  social  income  mobility  history  book  USA  post-racial  America  plutocracy  oligarchy  1%  Elite  No  Representation  New  Deal  economic  inequality  far-right  neofascism  fascism  alt-right  neonazi  Naziproblem  class  poverty  trap  Bush  IvyLeague  right-wing  democracy  Democratic  Mark  Blyth 
november 2018 by asterisk2a
Donald Trump's success reveals a frightening weakness in American democracy - YouTube
liquid times by Zygmunt, globalization - accelerated times, inequality, 1%, poverty trap, weak institutions being fleeced (latest and biggest - GFC, one rule for the one TBTF and other for the many, many have to suffer what they must (varoufakis)), same w broken promise of globalisation benefits everyone, same w failed military interventions ... STRUCTURAL REASONS - DEMOCRACY ELECTED REPRESENTATION does no more exist! its lobbied $$$ vested interest pork barrels corruption abuse get rich quick schemes. Longing for past greatness eg case Brexit. //&! https://www.youtube.com/watch?v=5YU9djt_CQM - Authoritarianism: The political science that explains Trump &! https://de.wikipedia.org/wiki/F-Skala_(Autorit%C3%A4re_Pers%C3%B6nlichkeit) &! Democratic Backsliding (salami tactic) - https://www.youtube.com/watch?v=pF-Tdsvk0tI - The decline of American democracy won't be televised
DonaldTrump  Donald  Trump  Brexit  UKIP  Authoritarianism  GOP  LGBT  Transgender  gay  marriage  immigration  Culture  Identity  politics  inequality  unknown  foreign  different  AfD  uncertainty  No  Representation  book  globalisation  Super  Rich  1%  tax  evasion  avoidance  globalization  Institutions  revolving  door  lobby  vested  interest  Plutocracy  Oligarchy  Technocracy  Monopoly  poverty  trap  working  poor  post-racial  America  UK  Germany  American  Dream  democracy  history  neoliberal  neoliberalism  economic  Austerity  GFC  trust  trustagent  Sociology  Psychology  Philosophy  gini  Coefficient  corruption  White-collar  crime  war  on  drugs  Military–industrial  Privatisation  profit  maximisation  food–industrial  big  Pharma  TBTF  bailout  recovery  China  Russia 
january 2018 by asterisk2a
Tory members 'a breed apart' from other main parties, study finds | Politics | The Guardian
Poll shows Conservative grassroots more supportive of the death penalty, obedience to authority and a hard Brexit &! https://www.youtube.com/watch?v=5YU9djt_CQM - Authoritarianism: The political science that explains Trump & Trump Brexit Putin AfD = Tyrant - https://www.facebook.com/RBReich/videos/1814546858557902/ //// 30 years thrid way technocracy produced autocracy plutocracy pure unashamedly in your face.
DonaldTrump  Brexit  Donald  Trump  authoritarianism  Psychology  Sociology  Political  Science  Tories  Conservative  Party  nasty  alt-right  right-wing  far-right  neoNazi  Nazi  neo-Nazi  Germany  AfD  immigration  tyrant  history  autocracy  technocracy  technocrat  neoliberal  neoliberalism  globalisation  globalization  Austerity  economic  GFC  recovery  working  poor  Precariat  demagogue  No  Representation  plutocracy  oligarchy  Super  Rich  1%  democracy  lobby  revolving  door 
january 2018 by asterisk2a
Ken Clarke: Tories had deal with Rupert Murdoch for 2010 election | Politics | The Guardian
David Cameron may have done “some sort of a deal” with Rupert Murdoch to win the Sun’s support for the Conservatives in the 2010 general election, Ken Clarke, the former justice secretary, has claimed.

“Quite how David Cameron got the Sun out of the hands of Gordon Brown I shall never know,” Clarke said. “Rupert would never let Tony [Blair – Brown’s predecessor] down because Tony had backed the Iraq war. Maybe it was some sort of a deal. David would not tell me what it was. Suddenly we got the Murdoch empire on our side.”
Rupert  Murdoch  David  Cameron  Presselandschaft  DailyMail  TheSun  Paul  Dacre  Brexit  Establishment  diversity  Elite  Propaganda  Pressesprecher  Andy  Coulson  phonehacking  Rebekah  Brooks  Monopoly  Oligarchy  Plutocracy  GFC  Austerity  Jeremy  Corbyn  Ed  Miliband  book  UK  Politics  Mogul  neoliberalism  neoliberal  capitalism  regime  inequality  Gesellschaft  Media  Medien  BBC  Society  trust  trustagent  Newspapers  Tabloids  Lügenpresse 
november 2017 by asterisk2a
Uber loses court appeal against drivers' rights - BBC News
[ ANOTHER COURT IN UK SAID, UBER DRIVERS ARE EMPLOYEES.] Uber said there were two further possible stages in the appeal process - the Court of Appeal and the Supreme Court. &! Deliveroo - http://www.bbc.co.uk/news/business-41983343 - But the CAC found they were self-employed because of their freedom to "substitute" - allowing other riders to take their place on a job. &! http://www.bbc.co.uk/news/business-41980922 - Handy gig cleaning app. and its policy acts causes social media row.
UK  Uber  Platform  1099  Self-Employment  gig  Economy  on-demand  working  poor  poverty  insecurity  Precariat  minimumwage  Mindestlohn  TaskRabbit  neoliberal  Exploitation  workers  rights  trade  union  neoliberalism  Capitalism  profit  maximisation  PAYE  NI  taxation  pension  scheme  bailout  welfare  state  recovery  Technology  totalitarianism  technocracy  Super  Rich  1%  Plutocracy  Oligarchy  evasion  avoidance  tax  employment  law  Deliveroo 
november 2017 by asterisk2a
Roger Cohen on Trump and the Erosion of American Greatness - SPIEGEL ONLINE
"To refuse the obligations of international leadership and our duty to remain 'the last best hope of earth' for the sake of some half-baked, spurious nationalism cooked up by people who would rather find scapegoats than solve problems is as unpatriotic as an attachment to any other tired dogma of the past that Americans consigned to the ash heap of history.
DonaldTrump  Donald  Trump  Brexit  AfD  Nationalism  scapegoat  patriotism  Orwell  Orwellian  Technology  Facebook  Newsfeed  filter  bubble  Filterblase  technocracy  Plutocracy  Oligarchy  totalitarianism  Super  Rich  1%  economic  history  inequality  Precariat  working  poor  poverty  trap  exploitation  fake  news  Fascism  alt-right  right-wing  far-right  neo-Nazi  Nazi  GOP  Republicans  Tories  nasty  party  Conservative  UKIP  Front  National  France  UK  Germany  USA  American  Dream 
november 2017 by asterisk2a
Who's Destroying The American Dream by RSA Events
Richard Reeves - PBS did a segment w him, middle class keeps its chips to itself. also if you want more upward mobility, you need also downward mobility. possible w better welfare state net - ie UBI universal basic income. the worse inequality gets the worse reference points get.
American  Dream  book  UBI  Grundeinkommen  Universal  Basic  income  segregation  social  mobility  meritocracy  meritocratic  Brexit  DonaldTrump  Donald  Trump  USA  post-racial  BAME  UK  Germany  AfD  btw17  welfare  state  Austerity  opportunity  education  policy  taxation  tax  evasion  avoidance  economic  history  credit  taxcredit  Precariat  working  poor  poverty  trap  mental  health  public  damage  middle  class  Politics  1%  Super  Rich  Oligarchy  inequality  downward  upward 
november 2017 by asterisk2a
Oxford accused of 'social apartheid' as colleges admit no black students | Education | The Guardian
Lammy said the figures showed that many colleges at both Oxford and Cambridge failed to reflect the UK’s population, and called into question the universities’ claims to national standing.

“This is social apartheid and it is utterly unrepresentative of life in modern Britain,” Lammy said. // FIrst this week the BAME report new data new numbers to existing known feelings, then the hate crime report +30%, and followed by crime report +30% (Austerity cuts partly to blame needs more to be looked into), and fact that Austerity hits disproportionately single mothers and BAME single mothers. //&! FA select committee hearing Aluko Sampson FA scandal - https://www.theguardian.com/football/2017/oct/18/fa-apologises-eni-aluko-drew-spence-mark-sampson-racial-remarks
post-racial  UK  discrimination  social  income  mobility  inequality  Racism  BAME  prejudice  bigotry  Gesellschaft  Society  cohesion  diversity  poverty  trap  Precariat  USA  education  policy  Elite  No  Representation  Oligarchy  hate  crime  speech  nasty  party  Tories  Conservative  Austerity  Super  Rich  Plutocracy  1%  10%  Institution  institutional 
october 2017 by asterisk2a
Catalonia: Spain issues deadline to separatists - BBC News
who blinks first. high noon pistol fight. &! http://www.bbc.co.uk/news/world-europe-41582469 - Catalonia: Spain takes step towards direct rule //&! alt view to 'counter revolution' movement left populist outward looking welcoming immigrants welcome nationalism: http://www.spiegel.de/wirtschaft/soziales/katalonien-brexit-trump-geistige-kleinstaaterei-a-1171814.html https://twitter.com/henrikmllr/status/917289882061598726 - neonationalism (global village no accountability) neoliberal kapitalism teilte die leute auf gegen sich auf. nicht vereint. siehe fb there is no global village connection to all (fb zuck dream PR talk), alles kleine identitaeten und grueppchen. isoliert. eigener blase. schaun nicht ausm fenster, wie mittlerweile in der realitaet. wer kennt schon alles seine nachbarn im etagen house wie sein bruder oder schwester? Scotland and Catalonia indy are majority led by left socialist populous. Brexit is led by far-right conservative neoliberalism on steroids populous.
Catalonia  Spain  Gesellschaft  Society  neoliberalism  Capitalism  Individualism  Consumerism  Consumer  Selbstdarstellung  Facebook  Twitter  mental  health  globalisation  bank  bailout  double  standard  indyref  indyref2  Scotland  Brexit  immigration  Identity  Culture  Politics  LGBT  far-right  right-wing  alt-right  DonaldTrump  Donald  Trump  left-wing  Jeremy  Corbyn  SPD  btw17  GE2017  workers  union  rights  trade  Community  segregation  GFC  Austerity  vulnerable  working  poor  Precariat  No  Representation  poverty  trap  Deprivation  income  inequality  Super  Rich  1%  Oligarchy  revolving  door  Corruption  social  mobility  redistribution  welfare  state  Privatisation  profit  maximisation  ZIRP  NIRP  QE  IMF  democracy 
october 2017 by asterisk2a
Should the Government Bring Back Trust-Busting? - Room for Debate - NYTimes.com
A de-concentration of economic power would lift up the middle class. Antitrust law was formerly used to reduce inequality, fight corruption and create a politically stable social contract all at once. [...] “Monopoly constitutes the death of capitalism and the genesis of authoritarian government.”
anti-trust  trust-busting  monopoly  oligarchy  oligopol  oligopoly  Super  Rich  bank  bailout  TBTF  lobby  self-regulation  Regulation  regulators  revolving  door  vested  interest  groups  Workers  Rights  Union  Trade  globalisation  globalization  Exploitation  accountability  tax  evasion  avoidance  middle  class  Amazon  Google  Microsoft  Capitalism  neoliberal  neoliberalism  Facebook 
september 2017 by asterisk2a
Back to the future on inflation
[ no rising demand = no inflation ] Globalisation and the march of technology have strengthened the hand of employers and weakened that of workers. So it is no surprise that though unemployment has relentlessly fallen, wage growth remains in the doldrums.

Then there is the war between generations. As the baby boomers approached retirement, they sought to safeguard their wealth. Inflation-targeting central banks, the dismantling of the welfare state and fiscal austerity were the natural results. The modern macroeconomic constitution has disenfranchised the inflationary constituency of the young. &! https://www.project-syndicate.org/commentary/tax-cuts-for-the-rich-solve-nothing-by-joseph-e--stiglitz-2017-07
USA  UK  European  Union  inflation  targeting  GDP  demand  economic  history  babyboomers  Generationy  Generation  Generationengerechtigkeit  Millennials  Austerity  secular  stagnation  working  poor  Precariat  poverty  trap  social  income  mobility  inequality  1%  10%  Super  Rich  Plutocracy  Oligarchy  Taxation  trickle-down  ECB  Fed  BOE  BOJ  demographic  bubble  ageing  population  pension  scheme  obligation  Brexit  bank  bailout  recovery  GFC 
july 2017 by asterisk2a
Employment tribunal fees unlawful, Supreme Court rules - BBC News
Fees for those bringing employment tribunal claims have been ruled unlawful, and the government will now have to repay up to £32m to claimants.
The government introduced fees of up to £1,200 in 2013 to reduce the number of malicious and weak cases, but that led to a 79% reduction over three years.
Trade union Unison argued the fees prevented workers accessing justice.
The Ministry of Justice said the government would take immediate steps to stop charging and refund payments.
The Supreme Court ruled the government was acting unlawfully and unconstitutionally when it introduced the fees.
UK  self-regulation  workers  trade  Union  rights  deregulation  regulation  capitalism  neoliberal  neoliberalism  justice  No  Representation  Super  Rich  1%  10%  Oligarchy  Plutocracy 
july 2017 by asterisk2a
(2195) Mark Blyth Telling The US Senate That Austerity Policy Is Wrong - YouTube
Mark Blyth & Makers v Takers & Erbschaft & asset & capital tax // wolfgang schäuble George Osborne David Cameron // >> Growth cures debt, cuts / austerity causes debt!!!
Mark  Blyth  UK  USA  Austerity  taxation  corporate  corporatism  welfare  state  NHS  income  tax  GFC  asset  capital  recovery  underinvestment  secular  stagnation  bond  bubble  economic  history  ZIRP  NIRP  QE  BOE  productivity  budget  Super  Rich  Plutocracy  trickle-down  Oligarchy  1%  10%  profit  maximisation  shareholder  immigration  gini  Coefficient  FX  Forex  confidence  fairy  globalisation  evasion  avoidance  HMRC  bank  bailout  badbank  bad  Schuldenbremse  Fiscal  Pact  David  Cameron  George  Osborne  Wolfgang  Schäuble  Angela  Merkel  PIGS  Policy  IMF  BIS  ECB  Fed 
july 2017 by asterisk2a
Tax evaders exposed: why the super-rich are even richer than we thought | Inequality | The Guardian
The higher one moves up the wealth distribution, the higher the probability ​​of hiding​ assets [...] More broadly, the key to successfully fighting tax evasion is to change the incentives for the providers of wealth concealment services. Over the last few years, a number of banks have pleaded guilty in the US to criminal conspiracies to defraud the Internal Revenue Service – yet they were able to keep their banking licences, and the fines they had to pay paled in comparison to their profits. A more ambitious approach would put criminal organisations out of business. If tax evasion ceases to pay, it will disappear.
UK  tax  evasion  avoidance  taxation  corporate  welfare  asset  capital  Thomas  Piketty  lobby  Delaware  USA  Luxembourg  Ireland  offshore  banking  money  laundering  Super  Rich  1%  Plutocracy  Oligarchy  revolving  door  KPMG  PanamaPapers  Switzerland  moral  ethics  crime  White-collar  HMRC  Austerity  gini  coefficient  inequality  social  mobility  income  poverty  trap  state  Meritocracy  Meritocratic 
june 2017 by asterisk2a
Naomi Klein: ‘Trump is an idiot, but don’t underestimate how good he is at that’ | Books | The Guardian
One essential ingredient of resistance, she suggests, is to retain a belief in telling and understanding complex stories, keeping faith with narrative.

One of the questions that Klein’s book does not reach a conclusion about is how conscious Trump is of his shock doctrine tactics. Is he a demagogue in the scheming manner of Putin and Erdoğan, or just a useful idiot for the forces around him?
Naomi  Klein  Shock  Doctrine  book  narrative  Storytelling  GE2017  BTW2017  Brexit  Populism  demagogue  demagoguery  Nationalism  DonaldTrump  Donald  Trump  1%  Super  Rich  Plutocracy  Oligarchy  Austerity  Lobby  Stories  Privatisation  Free  Market  neoliberal  neoliberalism  No  Representation  globalisation  Trade  NAFTA  CETA  TTIP  TISA  Chicago  School  Margaret  Thatcher  Reagan  Milton  Friedman  Expert  GFC  bank  bailout  economic  history  Marxism  Karl  Marx  Socialism  inequality  poverty  trap  social  mobility 
june 2017 by asterisk2a
(1487) LSE III | Professor Joan C. Williams | Why Did Trump Win? Overcoming Class Cluelessness in America - YouTube
admire the rich, resent the professionals ie politiciansm doctors and academics. ... sold over and over the american dream/self-employment self-made and become rich yourself (but like to stay in their class and neighbourhood - see Shaytards back in Idaho). not becoming academic, politician, writer, traveller. ... becoming order makers, from order takers. // white feel condescended every day, ordered around, not listened to, not considered, not represented, // no connection to Rich! But everyday professionals! //
DonaldTrump  Donald  Trump  post-racial  LGBT  political  correctness  PC  Super  Rich  1%  Plutocracy  inequality  Oligarchy  Sociology  race  gini  Coefficient  white  middle  class  Precariat  working  poor  No  Representation  Elite  Psychology  Brexit  American  Dream  Trickle-down  professionals  academic  social  income  mobility  underemployed  unemployment  Structural  skills  skill  vocational  education  policy  college  Productivity  output  gap 
june 2017 by asterisk2a
The Biggest Real Estate Bubble Of All Time Just Did The Impossible | Zero Hedge
There are two things at work here. The natural resource distortion to the real economy. And the Super Rich and Criminals and Asia/China who are desperate to divest and park their riches in democracies and rule of law and hard "assets"
Canada  bubble  property  Super  Rich  1%  money  laundering  Asia  China  Russia  Brazil  corruption  G20  speculation  speculative  London  CAD  immigration  Student  Plutocracy  Oligarchy  tax  evasion  avoidance  QE  ZIRP  NIRP  unintended  consequences  Fed  BOE  ECB  organised  crime  war  on  drugs  natural  resources 
june 2017 by asterisk2a
(1005) LSE Events | Professor Danny Dorling | The Equality Effect: improving life for everyone - YouTube
Danny Dorling (@dannydorling) is the Halford Mackinder Professor of Geography at the University of Oxford. He is the author of The No-Nonsense Guide to Equality; The Atlas of the Real World; Unequal Health; Inequality and the 1%; Injustice: Why Social Inequalities Persist; and the forthcoming The Equality Effect.
book  inequality  equality  Super  Rich  Plutocracy  Oligarchy  welfare  state  Austerity 
may 2017 by asterisk2a
(911) It's Worse Than It Looks: Lessons for Democrats from Election 2016 - YouTube
- win by small margin in states that flipped from blue to red, - Dems lost = long int the making, strong regional ie cities and coast, butnot party for the nation, - Trump hatte eine bessere geschichte erzaehlt als status quo kandidat HRC - 17:30, Obama hatte 2008 die beste geschichte zu erzaehlen und dann brach sein versprechen. lessons: people want dignity of jobs, not just fair jobs (protection), pause on progressiveness and liberalness? more centrism (because of the demographic bubble of white america), stronger institutions (see Niall Ferguson munk debate failure of institutions to deliver what they always promised but never did). // the blue states in the wall that switched, they rolled the dice, status quo was known since 2012 relection of obama //
Hillary  Clinton  Shattered  Book  HRC  HillaryClinton  DonaldTrump  Donald  Trump  presidential  election  2016  Democrats  BAME  inequality  poverty  trap  gini  Coefficient  1%  Plutocracy  Oligarchy  Storytelling  Niall  Ferguson  Brexit  SPD 
may 2017 by asterisk2a
Internationaler Währungsfonds: IWF fordert höhere Vermögensabgaben in Deutschland - SPIEGEL ONLINE
Überraschende Wahlkampfhilfe für SPD-Kanzlerkandidat Schulz: Der IWF will von Deutschland laut einem Zeitungsbericht höhere Steuern auf Eigentum fordern. Untere Einkommen würden dagegen zu stark belastet. // System is Rigged in UK - https://www.youtube.com/watch?v=jujJ-QoBiFY
IMF  GE2017  Super  Rich  1%  Plutocracy  Oligarchy  lobby  revolving  door  Germany  UK  USA  inequality  social  mobility  income  gini  Coefficient  tax  evasion  avoidance  Capital  Picketty  Kapital  no  representation  Brexit  GFC  bank  bailout  recovery  trickle-down 
may 2017 by asterisk2a
(577) Cornel West on Donald Trump: This is What Neo-Fascism Looks Like - YouTube
spiritual historical blackout. niall ferguson calls it historical amnesia among public and academics. // "most trying time in our lifetime." // pseudo populist = donald and brexit! but it is neoliberalism! / chornic crisis &! https://www.youtube.com/watch?v=OcJqjgB4tyQ
neoconservatism  neoconservatives  DonaldTrump  Donald  Trump  neofascism  fascism  minority  Brexit  AfD  far-right  right-wing  Cornel  West  GFC  recovery  secular  stagnation  squeezed  middle  class  post-racial  American  Dream  USA  economic  history  barackobama  neoliberal  neoliberalism  Bernie  Sanders  presidential  election  2016  UK  Germany  GroKo  France  White  Supremacy  nasty  party  Conservative  Globalisation  profit  maximisation  trade  deal  TTIP  NAFTA  Authoritarian  Abgehängt  insecurity  poverty  trap  social  mobility  scapegoat  Super  Rich  1%  Plutocracy  Oligarchy 
may 2017 by asterisk2a
Donald Trump, Marine Le Pen: Wie Wirtschaftskrisen Populisten helfen - Kolumne - SPIEGEL ONLINE
All das passt zu Zahlen, wonach - auch in Deutschland - eine große Minderheit seit Jahrzehnten real an Einkommen verliert. Und der Abstand zwischen Gewinnern und Verlierern atemberaubend groß geworden ist. Und es passt zum verbreiteten Gefühl, dass nur noch schwer nachzuvollziehen ist, welche Macht Konzerne ausüben. Und wie wenig die Regierungen dem noch entgegenzusetzen haben. [...] All das lässt sich nicht mit ein bisschen mehr Konjunktur beseitigen. Wie der französische Ökonom Thomas Piketty diagnostiziert hat, gibt es eine fast automatische Verschärfung der Ungleichheit - schon weil mit großem Geld mehr zu verdienen ist als mit harter Arbeit.
DonaldTrump  MarineLePen  Donald  Trump  Brexit  UKIP  UK  USA  Germany  AfD  France  Frankreich  Populism  demagogue  far-right  right-wing  alt-right  White  Supremacy  Centrist  GFC  recovery  secular  stagnation  dot.com  Abstiegsangst  Middle  Class  Precariat  working  poor  neoliberalism  crony  capitalism  Austerity  Schuldenbremse  Fiscal  Pact  European  Union  Privatisation  workers  trade  Hartz-IV  ALG2  Aufstocker  Altersarmut  Globalisation  insecurity  Geert  Wilders  Protest  Vote  voterturnout  turnout  Democracy  inequality  gini  coefficient  Super  Rich  1%  Plutocracy  Oligarchy  tax  evasion  avoidance  lobby  TTIP  CETA  income  distribution  poverty  trap  Kapital  vested  interest  Capital  Thomas  Piketty  structural  unemployment  underemployed  underemployment  part-time 
may 2017 by asterisk2a
More than half of donations to EU referendum campaigns came from just ten wealthy donors | The Independent
In its report Take back Control: How big money undermines trust in politics, the campaign group found that of the £31,834,885 donated to both sides during the referendum, £16, 444, 905 – about 52 per cent – came from just 10 individuals or companies. [...] Leave received £17.5 million of all donations - almost exactly one vote for every pound given towards the Brexit campaign - compared to Remain’s £14.2 million.

Transparency International also found that 95 per cent of all money raised during the referendum campaign came from just 100 donors – a tiny fraction of the millions who voted on June 23.
Brexit  Super  Rich  1%  Oligarchy  Plutocracy  10%  Democracy  lobby  UK  tax  evasion  avoidance  Populism  Propaganda  Trickle-down  neoliberalism  capitalism  crony  bank  bailout  Exploitation  GFC  recovery  Tories  Conservative  Party  nasty 
may 2017 by asterisk2a
4 winners and 4 losers from the Republican vote to replace Obamacare - Vox
Winner: very rich Americans
The AHCA would amount to a huge tax cut for the wealthiest Americans by rolling back key taxes included in Obamacare. One analysis of an earlier version of the bill estimated that it contains $600 billion in tax cuts that would save the wealthiest 0.1 percent of Americans, on average, $200,000 each.
DonaldTrump  Donald  Trump  Obamacare  ACA  AHCA  1%  Plutocracy  Oligarchy  Super  Rich  10%  Republicans  USA 
may 2017 by asterisk2a
(482) School of Public Policy | Patricia Tagliaferri Dean's Distinguished Lecture Series - Niall Ferguson - YouTube
Donald Trump is Populist. not autocrat. usa not entering tyranny. he is a tool. a puppet. a tool for demos appetite for populism and strongman. difference is Facism likes military and uniforms. Amber Rudd wanted to count foreign workers and publish it ... // Angus Deaton epidemic of substance abuse and suicide. Yuhval said that you are more likely at your own hands than anything else // comming apart - book // winner takes all problem of neolib global multinational liberal capitalism // min 30:30 - social science, systemanalysis ala luhmann does not help. the plain of real life, real life solutions. // united states of amnesia, no history. // need to study applied history //
DonaldTrump  Donald  Trump  demagogue  populism  history  Niall  Ferguson  Brexit  AfD  UK  USA  France  Tories  nasty  party  Conservative  Amber  Rudd  Theresa  May  Nigel  Farage  Elite  Plutocracy  Oligarchy  BarackObama  1%  economic  10%  Super  Rich  inequality  poverty  trap  gini  Angus  Deaton  book  middle  class  American  Dream  social  income  mobility  Abstieg  Abstiegsangst  Angst  Armut  Germany  GroKo  GFC  bank  bailout  capitalism  neoliberalism  globalisation  structural  underemployed  unemployment 
may 2017 by asterisk2a
Tory candidate defends spending up to £1m on West Midlands mayor campaign | Politics | The Guardian
; a new start in democracy for this region. << it's not devolution and mayors is a scam, just shifting blame. tokenism. bread crumbs. [political communication: framing the argument/policy/change/change management/positioning] tokenism for neoliberal capitalism austerity accelerated times of globalisation and the weak suffer what they must.
Devolution  Manchester  Liverpool  London  Tories  Conservative  Party  nasty  Mayor  West  Midlands  UK  Council  Election  GE2017  Andy  Street  oligarchy  plutocracy  1%  Theresa  May  Super  Rich  Austerity  Privatisation  democracy  neoliberal  neoliberalism  tax  avoidance  evasion  capitalism  globalisation  Brexit  history  tokenism  Politics  Career  Politicians 
may 2017 by asterisk2a
21st Century Fox 'in talks' to buy television station group Tribune Media | Media | The Guardian
Rupert Murdoch / after Sky in UK/EU. now back in action in USA. // The potential bid from Blackstone and Fox comes less than two weeks after the US federal communications commission voted to reverse a 2016 decision that limited the number of television stations some broadcasters can buy.
Rupert  Murdoch  Blackstone  Conglomerate  oligopol  oligopoly  oligarchy  1%  Medialandscape  journalism  journalismus  FoxNews  DailyMail  Daily  Mail  UK  USA 
may 2017 by asterisk2a
86 percent of Trump counties make less in a year than 27 Trump staffers are worth - The Washington Post
In 86 percent of Trump counties, the total amount of income earned in a year is less than $2.3 billion. (On average, it’s $2.1 billion, using 2011 to 2015 five-year estimates from the Census Bureau.) - https://www.youtube.com/watch?v=q2gO4DKVpa8
DonaldTrump  Donald  Trump  Plutocracy  Oligarchy  Super  Rich  1%  10%  GOP  Republicans  USA  gini  coefficient  social  income  mobility  American  Dream  Poverty  Trap  Precariat 
april 2017 by asterisk2a
Labour to oppose 'Henry VIII powers' being used to rewrite EU laws | Politics | The Guardian
[ no moderation, moderation is gone. Global Britain is here. 'indyref2 wil happen one way or another. no opposition and no say will infuriate Scots even more eventually ] It is expected that this will involve extensive use of “Henry VIII powers” – laws allowing ministers to change primary legislation (government bills) using secondary legislation (orders that go through parliament with little or no scrutiny). [...] Corbyn said Labour would oppose handing ministers such extensive powers when the House of Commons votes on the great repeal bill. [ less accountability, transparency, democracy, representation ... more technical! technocracy! that was voted actually against as it is practiced in EU ... the irony ] //&! The Observer view on triggering article 50. As Britain hurtles towards the precipice, truth and democracy are in short supply - https://www.theguardian.com/commentisfree/2017/mar/26/observer-editorial-triggering-of-article-50-jeopardises-60-years-of-unparalleled-peace
Brexit  Theresa  May  far-right  alt-right  right-wing  nasty  party  Conservative  Tories  House  of  Commons  Opposition  Labour  Jeremy  Corbyn  JAM  neoliberalism  democracy  No  Representation  workers  trade  Union  rights  Whitehall  Westminster  Parliament  lobby  revolving  door  interest  groups  UK  FPP  Populism  Nationalism  DailyMail  Daily  Mail  Oligarchy  Plutocracy  Super  Rich  Austerity  NHS  1%  10%  Privatisation  Prison  Police  Surveillance-Industrial  complex  Military–industrial  crony  capitalism  tax  evasion  avoidance  HMRC  corporatism  technocrat  technocracy  accountability  debate  Transparency  Article50  Article  50 
march 2017 by asterisk2a
More than politics, Theresa May’s true strength is her grasp of British culture | Rafael Behr | Opinion | The Guardian
While John Major and Tony Blair struggle with their Brexit defeat, the prime minister has read the national mood and is successfully navigating it // SHE IS NAVIGATING IT? OTHERS WOULD SAY like Blair SHE SITS THERE AS PASSENGER. // Culture and identity tend to be treated as peripheral expressions of whatever is happening in the economy, which is sometimes true but not always. May understands that. She is a more astute culture warrior than economist, and for now that is serving her well. // HAPPY TO DO HARD BREXIT EVEN IF IT HURTS THE ECONOMY "make the best of it" // To win power from New Labour, Cameron adapted to Blairish mode: self-consciously modern, socially liberal, metropolitan and relaxed about Europe. [...] There was always something absurd about “anti-establishment” language in the plummy tones of Boris Johnson or Nigel Farage. But their campaign did capture a rebellious spirit. Partly it was generalised frustration at the state of everything; partly it was counter-revolution – the backlash by people who sensed that their lives, interests and anxieties were the punchline to a joke at a fancy London dinner party. [...] liberals haven’t grasped the scale of their defeat. That is good for May, who navigates through the middle.
Theresa  May  Margaret  Thatcher  UK  Brexit  far-right  right-wing  alt-right  White  Supremacy  hate  speech  crime  immigration  refugee  asylum  Home  Office  Tories  nasty  party  Conservative  war  Nationalism  Patriotism  David  Cameron  Liberalism  Culture  Liberal  neoconservatism  neoconservatives  Racism  Xenophobia  LGBT  DonaldTrump  Donald  Trump  Elite  London  HRC  Hillary  Clinton  history  No  Representation  lobby  1%  10%  bank  bailout  Austerity  Super  Rich  Plutocracy  Oligarchy  Bill  Establishment  social  mobility  squeezed  middle  class  working  poor  income  wage  growth  Precariat  globalisation  globalization  uncertainty  welfare  state  Greed 
march 2017 by asterisk2a
Junta lite: how generals and billionaires took over Trump's militarized America | US news | The Guardian
A government of billionaires and generals [...] This country has, in other words, been militarized in all sorts of ways, both obvious and less so, in a fashion that Americans once might not have imagined possible. [ Police w military equipment ]
DonaldTrump  Donald  Trump  USA  War  on  Terror  9/11  Super  Rich  Oligarchy  Plutocracy  1%  10%  trickle-down  tax  evasion  avoidance  American  Dream  inequality  gini  Coefficient  social  mobility  income  poverty  trap  working  poor  squeezed  middle  class  globalisation  globalization  post-racial  America 
march 2017 by asterisk2a
Why the Daily Show had to change - YouTube
Donald could also be interpreted as a backlash (white, latino, black, .. BAME) that also the black guy didn't make it better for us (the workin folk) and HRC campaign was all about 'its all good.'
BarackObama  Post-racial  America  USA  DonaldTrump  Donald  Trump  Poverty  working  poor  squeezed  middle  class  Matt  Taibbi  Thomas  Frank  book  professional  NAFTA  Bill  Clinton  Hillary  HRC  GFC  bank  bailout  TPP  TTIP  TISA  globalisation  globalization  Precariat  social  mobility  Trickle-down  1%  10%  Super  Rich  Plutocracy  Oligarchy  No  Representation  income  wage  growth  minimum  Food  Stamps  BAME  Democrats  GOP  Republicans 
february 2017 by asterisk2a
Austerity was a bigger disaster than we thought - The Washington Post
That, at least, is what economists Christopher House and Linda Tesar of the University of Michigan and Christïan Proebsting of the École Polytechnique Fédérale de Lausanne found when they looked at Europe's budget-cutting experience the last eight years. It turns out that cutting spending right after the worst crisis in 80 years only led to a lower gross domestic product and, in the most extreme cases, higher debt-to-GDP ratios. That's right: trying to reduce debt levels sometimes increased debt burdens. [...] In short, austerity hurt what it was supposed to help, and helped hurt the economy even more than a once-in-three-generations crisis already had.
Austerity  IMF  OECD  UK  USA  Germany  Schuldenbremse  Fiscal  Pact  NHS  Council  DWP  economic  history  GFC  recovery  bank  bailout  neoliberalism  crony  capitalism  corporatism  ECB  BOE  Fed  monetary  policy  reflate  reflation  ZIRP  NIRP  QE  WallStreet  10%  1%  Super  Rich  Plutocracy  Oligarchy 
february 2017 by asterisk2a
How The Democratic Party BETRAYED Workers & Its Base - THOMAS FRANK Interview Part 1 - YouTube
Dems doubled down on betrayal of labour - https://youtu.be/0TnS_P4JGDc // chimes w Mark Blyth and Matt Taibbi assessment. - propaganda game for HRC! - professional class could not accept Bernie. DNC adopted professional class, abandoned working class (left behind, picked up by Trump at the ballot box after Sanders was gone). [...] Dems wiped out! Now counting on Trump to screw it up. That is their strategy! [...] also the draining the swamp, no accountability in the big league game - see nassim talebs skin in the game. see bank bailouts nobody went to jail. sank economy, sank the world, the working poor and middle class have to pay for it. and 1-10% ask for tax cut and get it (trickle-down) ... Austerity. There is no deterrent from white and blue collar crime - financial crime, fraud, like accounting. GFC after-math is precedent, not deterrent from greed. //
DNC  Democrats  Bill  Clinton  Hillary  HRC  BarackObama  NAFTA  TTIP  TPP  TISA  neoliberalism  deregulation  book  corporatism  Journalism  journalismus  bank  bailout  recovery  GFC  USA  working  poor  taxation  Trickle-down  1%  10%  Super  Rich  Oligarchy  Plutocracy  lobby  squeezed  middle  class  Bernie  Sanders  revolving  door  Drone  Warfare  Mark  Blyth  Thomas  Frank  wage  growth  income  inequality  Poverty  gig  Economy  1099  social  mobility  gini  Coefficient  WallStreet 
february 2017 by asterisk2a
"Democrats Would Rather Lose Than Win With A Progressive"-Former Sanders Official Nick Brana Pt 2 - YouTube
Democrats fought & stole it from Bernie because they rather would lose to GOP/Trump than move to the left progressives. // See also book Thomas Frank - Liberal - https://youtu.be/M9u2aR19P3g. & Matt Taibbi on GOP and in general the establishment - $ - choosing the candidate not the voter electorate and journalists feeding themselves co-opting into the game then wondering why they are called fake and luegenpresse. And Mark Blyth mentioning Bill Clinton finished what Reagan could not ( Surrender: How the Clinton Administration Completed the Reagan Revolution by Michael Meeropol (Paperback) - https://www.yo​utube.com/watch​?v=a0q_Ww1q1j8. And Obama did not fight GOP in public, he preserved the status quo, did not upset the DNC elite and establishments going to the left and much more progressive and then there was the Drone Warfare.
DNC  Bernie  Sanders  Democrats  presidential  election  book  Thomas  Frank  Hillary  Clinton  Bill  1%  10%  Super  Rich  Oligarchy  Plutocracy  lobby  NAFTA  TTIP  TPP  TISA  2016  journalism  progressive  Career  Politicians  democracy  DonaldTrump  Donald  Trump  BarackObama  GOP  Matt  Taibbi  Mark  Blyth  economic  history  neoliberalism  Austerity  Globalist  corporatism  profit  maximisation  Taxation  Poverty  working  poor  Uber  oligopol  oligopoly  monopoly  gig  economy  self-employment  squeezed  middle  class  secular  stagnation  social  mobility  inequality  wage  growth  GFC  bank  bailout  recovery  gini  Coefficient 
february 2017 by asterisk2a
SHOCKER! Candidate Calls Out Rigged DNC Primary To Their Face! - YouTube
see also Mark Blyth, nassim taleb - no skin in the game. not being accountable in their decisions and wrong doing. &! How The Democratic Party BETRAYED Workers & Its Base - THOMAS FRANK Interview Part 1 - Author Thomas Frank about the DNC - https://youtu.be/M9u2aR19P3g &! Matt Taibbi Insane Clown President about GOP &! Mark Blyth argues that Obama did not fight, instead TPP TISA TTIP et al https://youtu.be/PzbH2YE4a24
DNC  GOP  Democrats  Republicans  USA  presidential  election  2016  HRC  Hillary  Clinton  Bernie  Sanders  Matt  Taibbi  book  Super  Rich  1%  10%  Plutocracy  Oligarchy 
february 2017 by asterisk2a
Inequality report: Top 1% of Scots have more than bottom 50% - The Scotsman
The richest one per cent north of the border owns more wealth than the bottom 50 per cent, with the poorest 40 per cent of households 9.4 times worse off in 2012/14 than the top 10 per cent, compared with 8.8 times in 2010/12. The research paper found that the least wealthy 30 per cent of households “have very few assets, with employment no longer a guarantee against low wealth.”
Scotland  inequality  Gini  Coefficient  poverty  trap  working  poor  income  mobility  social  education  public  health  distribution  redistribution  Super  Rich  1%  10%  Oligarchy  Plutocracy  UK  Precariat  downward  SNP  taxation  upward  skills  skill-biased  technological  unemployment 
february 2017 by asterisk2a
Mario Draghi in der Kritik: "Die Geldpolitik macht den Kapitalismus kaputt" - SPIEGEL ONLINE
Danach kamen die Übertreibungen am US-Immobilienmarkt, im Süden der Eurozone und auf den Rohstoffmärkten. Wir haben es mit einer Kette wandernder Blasen zu tun, die von der Geldpolitik getrieben werden. Die neue Blase bildet sich nie dort, wo zuvor die alte geplatzt ist. Die Regierungen reagieren auf einen Crash mit schärferen Regeln, aber die Spekulation ist ihnen immer einen Schritt voraus.
GFC  recovery  economic  history  ZIRP  NIRP  QE  ECB  BOE  Fed  USA  UK  Europe  European  Union  PIGS  secular  stagnation  household  debt  consumer  car  loan  student  credit  card  private  Austerity  IMF  OECD  Dodd-Frank  self-regulation  Regulation  regulators  FSA  BaFin  speculation  speculative  ROI  productivity  output  gap  inflation  targeting  monetary  policy  fiscal  Schuldenbremse  Pact  inequality  capital  assets  gini  Coefficient  Super  Rich  1%  10%  Plutocracy  Oligarchy  bank  bailout  zombie  NPL 
february 2017 by asterisk2a
The new robot revolution will take the boss's job, not the gardener's | Business | The Guardian
Advances in artificial intelligence mean a second wave of change is approaching – and it is not the low-paid service sector where jobs are most at risk // Studies have shown that technological change rather than trade has been responsible for the vast majority of the jobs lost in manufacturing in the developed world. Put simply, machines have replaced humans. Robots have taken over factories. // https://twitter.com/ianbremmer/status/822930363827757056 20/80 split. - Technology—not int'l trade—accounts for 85% of the lost manufacturing jobs in the US. Feels like it's worth the reminder. &! https://www.theatlantic.com/business/archive/2014/01/the-dark-side-of-globalization-why-seattles-1999-protesters-were-right/282831/
AI  automation  Robotics  self-driving  cars  autonomous  vehicles  squeezed  middle  class  USA  UK  technological  unemployment  UBI  Universal  Basic  Income  Grundeinkommen  economic  history  education  policy  creativity  Richard  David  Precht  Alain  de  Botton  globalisation  globalization  offshore  outsourcing  contractor  contract  zero  hour  part-time  workers  union  trade  rights  Self-Employment  gig  economy  wage  growth  neoliberalism  crony  capitalism  tax  evasion  avoidance  Competition  corporatism  monopoly  oligopol  oligopoly  1%  10%  Super  Rich  Plutocracy  Oligarchy  welfare  state  redistribution  distribution  Precariat  working  poor  downward  mobility  social  poverty  trap  Austerity  underinvestment  underemployed  underemployment 
january 2017 by asterisk2a
Economic Update: Trumponomics Exposed [2017.01.26] - YouTube
minute 8. USA and UK are two economic basket cases. "To lead the world." out of touch and delusional. thinking political speech will bring prosperity for all.
USA  UK  trade  deal  Brexit  DonaldTrump  Donald  Trump  Theresa  May  economic  history  GFC  recovery  crony  capitalism  neoliberalism  Super  Rich  1%  10%  Plutocracy  Oligarchy  inequality  income  distribution  redistribution  growth  GDP  Precariat  working  poor  squeezed  middle  class 
january 2017 by asterisk2a
Jeremy Scahill on Trump Team: A Cabal of Religious Extremists, Privatization Advocates & Racists - YouTube
James Mattis (extreme character concerning human rights et al), Betsy DeVos, Erik Prince // Christian Theocracy (betsy devos) & Neocrusader (Eric Prince, killing ppl as sport) ... like old monarchy of europe. // betsy wants to do same for edu, as eric did for military (Book: Blackwater) // Rex Tillerson, Exxon Oil Barron. //&! NEW: Jeremy Scahill DESTROYS Betsy DeVos For Being a Corrupt [White] Christian Supremacist - https://youtu.be/xuFzdWHH47U
book  USA  Privatisation  GOP  Republicans  Swamp  Super  Rich  Conservative  Religion  LGBT  Disabled  Education  Policy  social  mobility  Cabinet  DonaldTrump  Donald  Trump  income  gini  Coefficient  Plutocracy  Oligarchy  1%  10%  Elite  Establishment  neoconservatives  neoconservatism  neoliberalism  neoliberal  crony  Capitalism 
january 2017 by asterisk2a
BBC Radio 5 live - In Short, Trump inauguration speech was ‘angriest ever’ – professor
[ addressing the obedient mob the obedient mob will do it. stump speech as usual. no different trump ] “It was confrontational, particularly angry at everyone in Washington D.C., everyone who is a part of established government and system,” he said. “It was vintage populism: I am the voice of the people, we will get the job done and to heck with the rest of you.” // America, Americans first, 'speaks to my heart# - http://www.bbc.co.uk/programmes/p04q6jyz
DonaldTrump  Donald  Trump  Nationalism  Populism  Dogma  Ideology  USA  Brexit  democracy  Oligarchy  Plutocracy  1%  Super  Rich 
january 2017 by asterisk2a
Keiser Report: Mom joins in (E981) - YouTube
extraction of profits. no accountability. share buyback // post-gfc fighting slowdown of velocity and m3 reduction w monetary policy QE // look post prexit 2017 - velocity of £, hgousehold debt, credit card debt, car loan,
underinvestment  profit  maximisation  recovery  GFC  technological  unemployment  structural  underemployed  Productivity  output  gap  globalisation  globalization  Brexit  CETA  TTIP  TTP  NAFTA  WallStreet  share  buyback  neoliberal  neoliberalism  crony  capitalism  UK  USA  European  Union  austerity  economic  history  plutocracy  1%  10%  20%  oligarchy  oligopol  oligopoly  deflation  deflationary  monetary  policy  reflate  QE  Super  Rich 
october 2016 by asterisk2a
Zerstört sich der Kapitalismus selbst? - Doku Arte - YouTube
norbert bolz - consumer fetish ... spiritual worth (identity) is only reason to buy ... items live! give life. // slavoj zizek - in der praxis handelst du nach einer illusion! // Capitalism produces what people want << Celebrity Kim Kardashian // Wir verkaufen auch uns. - Menschliche Ware ... universalisiert die Prostitution. [...] Vorteuschung von leben. Verfuehrt mit einem Angebot von einem anderen leben. // MUST WRITE BOOK - Corruption of Society. Korruption der Gesellschaft. // slavoj zizek // accumulation - concentration of profit! (FB, Google, Apple) // Natur ist kein Privateigentum! /// technological unemployment shows that future capitalism needs no workers thus creating slums // materieller wettstreit = aufgebraucht ... knowledge is anti-capitalist commodity. // leben in einer zeit wo kollektive selbszerstoerung moeglich ist! // consumgesellschaft oder unbequeme wahrheit (zynisch dem status quo). leider sind wird durch beides in der vegangenheit und gegenwart schon vergiftet worden (extremes of capitalism and extremes of socialism/marxism/kommunism //
Marxism  Capitalism  crony  status  anxiety  Karl  Marx  neoliberal  neoliberalism  GFC  economic  history  workers  union  trade  poverty  working  poor  Philosophy  Alain  De  Botton  materialism  consumerism  consumerist  Selbstdarstellung  Social  Media  mental  health  Universal  Basic  Income  Identity  Politics  Fashion  Celebrity  Culture  Wertegesellschaft  Kim  Kardashian  Gesellschaft  sociology  soziologie  Facebook  society  western  world  child  Precariat  Precarious  Exploitation  limited  resources  climate  change  global  warming  1%  10%  20%  Plutocracy  Oligarchy  bank  bailout  self-regulation  self-awareness  technological  unemployment  underemployed 
september 2016 by asterisk2a
Jonah Goldberg on Donald Trump's Candidacy, Liberalism, and Conservatism - YouTube
Centrists - Over promised and under delivered. thus feeling of no representation etc. and feeling of betrayal [...] can't discount the economics of the last decades. [...] Brexit is illuminating. [...] 1% look down on "make america great again" as nostalgia [...] see themselves better than the rest. [...] disdain [...] [...] Republicans (Establishment) could not break out of and from the past. Could not make advances against Donald Trump. [...]
Brexit  Donald  Trump  populism  demagogue  demagogy  barackobama  presidency  AfD  Front  National  globalisation  globalization  squeezed  middle  class  working  poor  Precariat  Polarisation  economic  history  Career  Politicians  No  Representation  Establishment  Toff  Privileged  1%  10%  20%  bank  bailout  GFC  recovery  sociology  Gesellschaft  Gesellschaftswerte  history  trust  trustagent  Religion  social  cohesion  UKIP  book  mainstream  media  Lügenpresse  Davos  Commanding  Heights  plutocracy  oligarchy  Super  Rich  UK  USA  European  Union  tax  evasion  tax  avoidance  neoconservatism  neoclassical  economics  neoconservatives  Chicago  School  neoliberal  neoliberalism  Centrist 
july 2016 by asterisk2a
Does The Myth of Meritocracy show us how to alleviate inequality?
No debate about social mobility is complete without reference to the supposedly halcyon days of the 1950s and 1960s. The class fluidity of those decades, however, was not the result of professions becoming more meritocratic. It was caused by an unprecedented rise in the number of middle-class jobs: there was more room at the top. [...] Bloodworth writes that 21st-century society is characterised by a dwindling of professional jobs and more people slipping downwards: there is “more room at the bottom”. [...] Globalisation has created what the economist Robert H Frank calls “winner-takes-all” markets
downward  mobility  social  mobility  income  mobility  inequality  Paul  Mason  book  post-capitalism  James  Bloodworth  Gini  coefficient  income  distribution  structural  unemployment  long-term  unemployment  skill  gap  skills  gap  skill  mismatch  skill-biased  technological  change  AI  artificial  intelligence  globalisation  globalization  rising  middleclass  squeezed  middle  class  BRIC  Manufacturing  economic  history  sociology  Brexit  Identitypolitics  Identitätspolitik  career  ladder  education  bubble  education  cost  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  Robotics  Robots  automation  neoclassical  economics  Chicago  School  trickle-down  economics  trickle-down  effect  1%  10%  20%  working  poor  Precariat  credit  card  credit  card  debt  consumerism  consumerist  austerity  bank  bailout  capitalism  in  crisis  neoliberal  neoliberalism  crony  capitalism  tax  evasion  tax  avoidance  Baby  Boomers  babyboomers  Elizabeth  Warren  Joseph  Stiglitz  poverty  trap  poverty  child  poverty  rentier  rent-seeking  winner  take  all  monopoly  monopsony  conglomerate  multinational  Toff  Privileged  Establishment  No  Representation  Politicians  career  politician  Centrist  meritocracy  meritocratic  plutocracy  oligarchy  capitalism 
july 2016 by asterisk2a
Gawker was irresponsible, but the precedent Peter Thiel is setting is dangerous - Vox
on.recode.net/1X9iL3U - Denton's letter is a direct response to Thiel's recent New York Times interview in which he proudly took credit for stealth funding various lawsuits against Gawker, with the explicit purpose of bringing down the digital publisher. //&! https://twitter.com/Jason/status/736598373793292289 - 1/What an ugly mess @nicknotned v @peterthiel is, forcing us to pick between the freedom of the press & the freedom to live a private life. //&! Gawker's homophobic, years-long crusade to out James Franco: http://thebea.st/1MgPI8c //&! New York Times Is Very Concerned About Billionaire Media Investors—But Not Their Billionaire Investor - bit.ly/1THwEQf
journalism  journalismus  journalist  Super  Rich  plutocracy  oligarchy  free  speech  freedom  of  press  Peter  Thiel  Gawker  Gawker  Media  Tabloid  Privacy  NYT  NYTimes  conflict  of  interest 
may 2016 by asterisk2a
Stocks are up. But it appears to us that the U.S. economy is going down. Go figure.
velocity is at 57yr low - WOW! the money that is in circulation is in less hands! the econ expanded according to GDP, but less and less $ reach on avg each hand. - "This is serious. The velocity of money tracks how often each dollar is used to buy something in the economy. Falling velocity shows that consumers and business are pulling back… becoming more reluctant to spend and invest… downsizing… and holding onto dollars rather than spending them. This has a similar effect as reducing the supply of money bidding for goods and services. Prices drop. Deflation, in other words. The bubble has developed a leak. The hot air is gushing out." //&! bit.ly/1MOxc9A //&! research.stlouisfed.org/fred2/series/M2V &! pieria.co.uk/articles/getting_things_wrong_federal_reserve_style - it is associated with stagnant NGDP [...] demand problem.
monetary  velocity  liquidity  trap  Richard  Koo  nominal  GDP  targeting  GDP  measurement  GDP  recovery  reflate  reflation  economic  history  money  supply  Fed  fiscal  policy  monetary  policy  Gini  coefficient  inequality  economic  harm  economic  damage  GFC  crony  capitalism  shareholder  capitalism  Greed  profit  maximisation  profit  maximization  squeezed  middle  class  Elizabeth  Warren  Joseph  Stiglitz  Paul  Krugman  Robert  Reich  Thomas  Piketty  2016  UK  USA  secular  stagnation  Pact  fiscal  stimulus  austerity  Schuldenbremse  social  mobility  income  mobility  working  poor  Precariat  low  pay  low  income  Service  Sector  Jobs  Zero  Hour  Contract  Contractor  self-employment  inflation  targeting  microeconomic  policy  macroeconomic  policy  Super  Rich  1%  plutocracy  oligarchy  capitalism  capitalism  in  crisis  self-regulation  book  shareholder  value  Wall  Street  meritocracy  meritocratic  post-racial  America  barackobama  Larry  Summers  Bernie  Sanders  Establishment  Privileged  deregulation  bank  bailout  social  safety  net  welfare  state  aggregate  demand 
april 2016 by asterisk2a
The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
Revolutionary politics in the UK
// yanis is liberal marxist // &! Will John McDonnell's fiscal rules work for Labour? Paul Mason Vs John Rentoul - youtu.be/0EISho5eSUc - OBR econometrics dictated by Treasury, George Osborne w wonky multipliers that don't fit w IMF models. IMF calls for fiscal stimulus! since late 2015 because China's credit bubble popped and global economy started to head south.
Yanis  Varoufakis  Paul  Mason  Labour  Party  Jeremy  Corbyn  Bernie  Sanders  Marxism  democracy  No  Representation  Super  Rich  1%  oligarchy  plutocracy  tax  evasion  tax  amnesty  tax  avoidance  Soziale  Marktwirtschaft  fairness  Social  Justice  economic  bank  bailout  GFC  austerity  Generationengerechtigkeit  revolving  door  lobby  Greed  crony  capitalism  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  Wall  Street  Main  Street  squeezed  middle  class  working  poor  Precariat  poverty  trap  economic  history  UK  globalisation  globalization  global  economy  self-regulation  deregulation  regulation  regulators  secular  stagnation  trickle-down  economics  free  market  exploitation  liberal  economic  reform  self-employment  job  security  job  insecurity  Zero  Hour  Contract  antitrust  winner  take  all  gini  coefficient  inequality  deprivation  poverty  John  McDonnell  austerity  aggregate  demand  Richard  Koo  Joseph  Stiglitz  Schuldenbremse  Fiscal  Pact  economic  history  neoliberal  neoliberalism  OBR  Chicago  School  neoclassical  economics  infrastructure  investment  liquidity  trap 
april 2016 by asterisk2a
A!104 – Panama Freaks
58:26 - spin doctor and positioning, PR. // es ist ja bekannt das intendanten des fernsehen mal einen anruf bekommen und es richtig stellen sollen, so wie inter BPK: illegal eingewanderte fluechtlinge. was ein oxymoron. ein fluechtling zu sein ist keine illegale sache! // + 10.000 kids missing! // 1:45:54 - Panama Papers. Journalists have for years papers. And don't use them to shine light on the organised system in the western world of tax evasion/avoidance! Wie fatal.
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april 2016 by asterisk2a
Ed Miliband says Panama Papers show ‘wealth does not trickle down’
'Since Reagan and Thatcher, the basic view has been, ‘Be nice to the super-rich and their wealth will trickle down.’ [...] In an interview with the Observer, he said he understood why David Cameron defended his father after the Panama revelations were leaked. “But for 30 years, since Reagan and Thatcher, the basic view has been, ‘Be nice to the super-rich and their wealth will trickle down.’ That is the big lesson of Panama for me. It doesn’t trickle down; it gets stashed.” The former Labour leader is helping to promote a new low-budget documentary, the Divide, which explores the wealth gap through seven families striving for a better life in Britain and the United States.
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april 2016 by asterisk2a
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