asterisk2a + precarious + code + status   7

Millennials Can't Afford Cars, and Are Fine With That - Bloomberg View
As somebody who wondered in a column last week whether people in developed countries were perhaps learning that they no longer needed as much stuff as they used to, and whether this might lead to big shifts in the global economy, I read on with great interest. [...] The changes in young adults' consumption habits have clearly been influenced by economic forces. But economic forces shape societal attitudes, too. I also don't see much sign that these economic forces are about to reverse. Both these things can be true: The median 25-to-34-year-old has less to spend, and is less interested in spending it on a car.
wage  growth  income  growth  squeezed  middle  class  economic  growth  disposable  income  discretionary  spending  economic  history  globalization  globalisation  western  world  developed  world  UK  USA  Europe  Millennials  Generationengerechtigkeit  fairness  inequality  Gini  coefficient  social  mobility  income  mobility  marginal  propensity  to  consume  trickle-down  economics  neoliberalism  neoliberal  income  inequality  Super  Rich  1%  tax  code  capital  gains  tax  income  tax  Share  Economy  digital  academia  academics  microeconomic  policy  student  loan  debt  student  loan  student  debt  Bubble  wage  stagnation  secular  stagnation  household  debt  consumer  debt  private  debt  2015  recovery  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  Thomas  Piketty  plutocracy  Wall  Street  profit  maximisation  shareholder  value  emerging  middle  class  affordable  housing  social  housing  cost  of  living  cost  of  ownership  closetphile  status  anxiety  status  symbol  Media  materialism  zombie  consumer  consumerist  consumerism  Workers  Union  precarious  work  working  poor  living  standard  standard  of  living  Zeitarbeit  Leiharbeit  self-employment  Zero  Hour  Contract  Contractor  competitive  competition  differentiate  differentiation  Mobile  Creatives  Future  of  Universal  Basic  Germany  babyboomers  generation  rent  Richard 
september 2015 by asterisk2a
Paul Mason: what they aren't telling you about work - YouTube
hollowing out // automation - vs - skill & problem solving (figuring out how to automate/put something together/create new) - vs - end of the chain work (low end, manual, repetitive, service...) // within the next 20 years, 47% of jobs in developed world could be replaced by robots/automation/machines // Future of Work is about problem solving, not putting (end of the chain) things together. figuring out the new, making the new, making something better, more efficient, faster, better quality, ... // and as it stands now, those who reap the rewards will be few. and gov policy, ie tax evasion, tax avoidance, tax code, fairness, --- gains have to be shared.
squeezed  middle  class  White-collar  Worker  Blue-collar  Worker  manual  labour  labour  market  job  creation  skill-biased  technological  change  practical  skill  set  practical  skills  skill  gap  capital  skills  skills  gap  automation  Robotics  working  poor  Software  Is  Eating  The  World  3D  printing  Manufacturing  industrial  policy  UK  USA  Europe  developed  western  Future  of  Work  knowledge  economy  Problem  Solving  Mobile  Creatives  Mobile  Creative  domain  knowledge  knowledge  algorithm  precarious  Zero  Hour  Contract  Contractor  self-employment  insecurity  job  security  technological  progress  STEM  Makers  protectionism  Research  Revolution  2.0  Revolution  Universal  Basic  Income  tax  credit  tax  free  economics  of  abundance  marginal  cost  renewable  energy  Marketplace  destruction  creator  innovator  innovation  entrepreneurial  entrepreneurship  entrepreneur  Precariat  Share  post-capitalism  Super  Rich  1%  inequality  mobility  social  mobility  rapid  change  generational  change  tax  code  capital  gains  tax  growth  wage  stagnation  secular  stagnation  productivity  output  gap  shared  economic  interest  Wall  Street  exploitation  shareholder  value  profit  maximisation  fairness  Generationengerechtigkeit  Gesellschaft  identity  status  status  social  status  social  an 
august 2015 by asterisk2a
Robert J. Shiller: "Are We Headed for Another Financial Crisis?" (final edition, as of MAR 8) - YouTube
3rd ed adds bond market. where richard koo explains bond prices are a symptom of the balance sheet recession as is "deflationary." // liquidity trap // predicting turning points is bad business - highlighting fundy skew is easy. // equity bubble BURST? no. bond bubble BURST? no. how abt unreasonable higher interest rates for businesses bc of Taper from Fed long dated bonds into illiquid market. like Koo argues as possibility, which would depress gdp growth further bc of higher capital cost than the economy fundy actually would demand. contributing 2 the secular stagnation. // Other case: Crash of China (too much of a good thing, irrational exuberance) & Western Central Banks have no means 2 ease further & Career Politicians have no guts 2 actually pull out the guns for once 4 intelligent fiscal stimulus w a long-term view (no white elephants & bridges 2 nowhere). // 19:30 status anxiety, Sozialer Abstieg, everyone for himself, austerity, inequality, Software, etc = secular stagnation
Robert  Shiller  financialcrisis  GFC  economic  history  book  recovery  ZIRP  NIRP  QE  credit  bubble  equity  bubble  property  bubble  speculative  bubbles  speculative  speculation  psychology  confidence  irrational  exuberance  animal  spirit  austerity  Fiscal  Pact  Schuldenbremse  ideology  dogma  economic  model  financial  crisis  housing  market  UK  USA  China  Japan  Richard  Koo  deflationary  hunt  for  yield  sustainable  sustainability  Richardkoo  balance  sheet  recession  deflation  secular  stagnation  negative  real  interest  rate  Taper  BOJ  BOE  Fed  ECB  sovereign  debt  crisis  monetary  policy  monetary  system  monetary  stimulus  unconventional  monetary  policy  monetary  transmission  mechanism  monetary  theory  modern  monetary  theory  policy  stimulus  crony  capitalism  mainstreet.org  mainstreet  Wall  Street  exploitation  uncertainty  deleveraging  savings  rate  business  investment  Sozialer  Abstieg  inequality  income  inequality  tax  code  capital  gains  fairness  Software  Is  Eating  The  World  consumer  confidence  business  confidence  public  investment  productive  investment  personal  investment  underinvestment  infrastructure  investment  socioeconomic  status  status  anxiety  social  status  zombie  consumer  zombie  corporations  zombie  banks  Gesellschaft  solidarity  society  soziologie  sociology  worry  squeezed  middle  class  precariou 
july 2015 by asterisk2a
Helpling: Putzportal-Chef Franke über Preise und Festanstellungen - SPIEGEL ONLINE
Putzjob: Zwischen 8 und 9,50 Euro Stundenlohn verdienen "Helplinge" - minus Kosten für Rentenversicherung, Anfahrt, Arbeitskleidung --- Die Plattform Helpling vermittelt günstige Putzkräfte. Forciert sie nur die Ausbeutung von Tagelöhnern? Hier spricht Mitgründer Benedikt Franke über karge Stundenlöhne. [...] KarriereSPIEGEL: On-Demand-Plattformen verbrennen derzeit vor allem Geld. Ihr US-Konkurrent Homejoy soll pro Auftrag zwölf Dollar Verlust einfahren. Wird Helpling jemals profitabel arbeiten können? Franke: Unser Geschäft hängt ganz davon ab, ob es uns gelingt, langfristige Kundenbeziehung aufzubauen. Darauf konzentrieren wir uns derzeit, versuchen aus ganzer Kraft, das Kundenerlebnis zu optimieren. Operativ arbeiten wir bereits profitabel. [ LTV - user lifetime value got to be < than user acquisition cost = sustainable (if operation can be paid for and some little profit even) - en.wikipedia.org/wiki/Customer_lifetime_value ] - bit.ly/1NP6Ore "digitaler feudalismus"
Rocket  Internet  Helpling  on-demand  convenience  Share  Economy  self-employment  precarious  work  Precariat  working  poor  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  1099  Economy  marketplace  efficiencies  marketplace  Uber  Contractor  Zero  Hour  Contract  labour  market  labour  economics  underemployed  employability  employabilitie  uncertainty  Sozialer  Abstieg  Aufstocker  minimum  wage  living  wage  commodity  business  commoditization  Universal  Basic  Income  working  tax  credit  child  tax  credit  tax  code  tax  free  Homejoy  Venture  Capital  user  acquisition  LTV  business  model  status  symbol  status  anxiety  socioeconomic  status  social  status  squeezed  middle  class  Soziale  Marktwirtschaft  class  warfare  job  creation  job  market  Minijob  Zeitarbeit  Leiharbeit  vocational  education  education  policy  added  value  value  creation 
july 2015 by asterisk2a
Child poverty rise across Britain ‘halts progress made since 1990s’ | Society | The Guardian
bit.ly/1CkBivl &! bit.ly/1FslKpW - Our fears about child poverty in the UK are coming true: that austerity is entrenching hunger, stigma and educational exclusion. And this sort of damage lasts. &! bit.ly/1HSacAM - Welfare cuts have pushed hundreds of thousands, including more than 300,000 children, below the poverty line since 2012, despite Tory claims to the contrary. &! bit.ly/1waiv5C &! bit.ly/1yHxm6T - A Children's Commission on Poverty inquiry report reveals vividly what it looks and feels like for young people to stand out from their classroom peers because they are poor.
child  poverty  food  poverty  poverty  public  health  public  health  policy  health  crisis  sick  population  NHS  austerity  UK  welfare  state  Services  Social  Services  Gini  coefficient  mobility  income  mobility  Toff  Establishment  Privileged  David  Cameron  George  Osborne  Conservative  Party  IMF  OECD  economic  history  fairness  tax  evasion  tax  avoidance  bailout  tax  code  No  Representation  Career  Politicians  Sozialer  Abstieg  squeezed  middle  class  precarious  work  Precariat  working  poor  tax  free  income  crony  capitalism  Wall  Street  GFC  recovery  discrimination  bullying  study  cohesion  tension  Zivilgesellschaft  gesellschaft  status  status  anxiety  socioeconomic  status  status  symbol  opportunist  Opportunism  short-term  thinking  short-term  view 
june 2015 by asterisk2a
Leiharbeiter - Kollegen dritter Klasse - YouTube
>> Lohnkosten niedrig halten! Contacting out, which contracts out the work further. // abuse of Werkvertrag & Leiharbeit // Hungerlohn am Fliessband - Leiharbeit bei Daimler 2013 - youtu.be/y6bdEzhjJ5k - 8.19 stundenlohn - 1200 (*981 nach steuern) als Familienvater mit 4 kindern. Aufstocker! ALG2 1500 Euro - STAAT subsidizes SME, SMB, International Publicly listed companies. Standort Deutschland. // So kann man auch nicht viel in das system einzahlen! // !!&& Mittelschicht - Angst vor dem Abstieg Teil 1 - youtu.be/2VLdoL3ygRY &! Teil 2 - tax code fairness // &! Fachkräftemangel - Die Legende von heiß begehrten Ingenieuren und Akademikern - youtu.be/IRZkYjtCOMk << Industry creates a ghost to have more (over)qualified supply that will work for any wage, contract and any kind of job. &! youtu.be/btXMYFhlK94 &! youtu.be/lFq2aAcf-8s
Leiharbeit  Germany  labour  market  labour  economics  contractor  Exportweltmeister  industrial  policy  crony  capitalism  competitive  advantage  competitiveness  competitive  China  BRIC  profit  maximisation  shareholder  value  social  cohesion  working  poor  precarious  work  Precariat  squeezed  middle  class  middle  class  Workers  Union  Soziale  Marktwirtschaft  Werkvertrag  outsourcing  Wall  Street  flat  world  borderless  globalisation  globalization  Tarifvertrag  Gewerkschaft  Lohnzurückhaltung  Lohnkostensenkung  Lohndumping  Niedriglohn  Niedriglohnsektor  subsidies  subsidizing  living  wage  minimum  wage  poverty  in  old  age  poverty  human  capital  Aufstocker  Proletariat  Sozialer  Abstieg  working  class  Zero  Hour  Contract  uncertainty  Europe  creative  destruction  downward  mobility  social  mobility  income  mobility  Gini  coefficient  Fachkräftemangel  Career  Politicians  No  Representation  fairness  tax  code  tax  free  income  Super  Rich  1%  tax  avoidance  tax  evasion  too  big  to  jail  TBTF  bailout  consumerist  consumerism  status  symbol  status  anxiety  socioeconomic  status  social  status  soziologie  psychology  Future  of  Mobile  Creatives  Mobile  self-employment  underemployed  democracy 
may 2015 by asterisk2a
If Schools Don't Change, Robots Will Bring On a 'Permanent Underclass': Report | Motherboard
via http://www.reddit.com/r/Futurology/comments/2ct2xs/if_schools_dont_change_robots_will_bring_on_a/ The respondents overwhelmingly agree that this lovely future where robots do the work and humans design the robots and everyone has leisure time and lots of money only exists in a fantasy future where the school systems pump out a shitload of Elon Musks and Sergey Brins—or, at the very least, people who can reliably work at the companies those guys own. [...] only the best-educated humans will compete with machines [...] and education systems [around the world] are still sitting students in rows & columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.” // Rise of Service Jobs (dominance) in USA, even post-GFC. // ADD: http://www.washingtonpost.com/blogs/on-leadership/wp/2014/08/07/are-robots-coming-for-your-job/
Robotics  AI  Future  of  Work  Start-up  of  You  Mobile  Creative  Mobile  Creatives  Year  of  Code  skill-biased  technological  change  practical  skills  practical  skill  set  capital  skills  knowledge  worker  White-collar  Blue-collar  human  capital  creativity  destruction  value  creation  Problem  Solving  complexity  unknown  unknowns  unintended  consequences  education  policy  Public  HR  human  resources  hiring  underemployed  structural  unemployment  employment  unemployment  leisure  time  disposable  income  working  poor  squeezed  middle  class  flat  world  globalisation  globalization  competitive  advantage  comparative  advantage  competitiveness  Competition  competitive  Career  Politicians  Precariat  Proletariat  sociology  psychology  Universal  Basic  Grundeinkommen  precarious  precarious  employment  Services  Industry  service  income  mobility  social  mobility  income  inequality  Gini  coefficient  living  wage  standard  of  living  minimum  wage  wage  stagnation  workforce  labour  economics  labour  market  middle  class  status  quo  sector  Europe  USA  disruption  knowledge  economy  domain  knowledge  domain  expertise  expertise 
august 2014 by asterisk2a

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