asterisk2a + productivity + representation   64

Positive Psychologie - Warum Wohlbefinden wichtig für Leistung ist
Für die Definition von Leistung spielt Wohlbefinden bisher kaum eine Rolle. Die Psychologin Michaela Brohm-Badry plädiert für ein Umdenken: Nur wenn das Wohlbefinden des Menschen berücksichtigt würde, könnten Menschen ihr volles Potenzial entfalten. // wer depressed muede erschoepft und ohne alternative ist - gezwungen zu horchen - weil er am ende kein 100£ aufm konto hat - kann keine revolution anfangen oder an der revolution mitmachen. Byung-Chul Han - In Fatigue Society (original German title: Die Müdigkeitsgesellschaft)
Happiness  index  Gini  Coefficient  social  income  mobility  poverty  trap  working  poor  productivity  output  gap  sick  days  mental  health  well  being  UBI  Universal  Basic  Existenzangst  Hartz-IV  JSA  sanctions  Sanktionen  DWP  underemployed  zero  hour  contract  Leiharbeit  Zeitarbeit  leisure  time  Skidelsky  enlightenment  post-enlightenment  Facebook  Instagram  Media  burnout  FOMO  YOLO  YouTube  Selbstdarstellung  Selbstfürsorge  deprivation  attainment  education  policy  Selbstentfaltung  Food  Bank  FoodBank  living  standard  Consumerism  Consumer  Materialism  Materialismus  Kapitalismus  capitalism  neoliberal  neoliberalism  Philosophy  Sociology  Alain  de  Botton  exploitation  Precariat  democracy  no  Representation  book  Müdigkeitsgesellschaft  GE2017  Jeremy  Corbyn  Bernie  Sanders  Revolution 
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
Tyler Cowen: "The Great Stagnation", Michael Vassar & Cowen Debate at Singularity Summit 2011
gains are harder to come by! low hanging fruit gone. [...] VISION IS NEEDED TO GET THE JOB DONE.
secular  stagnation  western  world  underinvestment  R&D  R&D  innovation  Innovators  Dilemma  rentier  rent-seeking  oligopol  oligopoly  winner  take  all  babyboomers  Generationengerechtigkeit  fairness  austerity  triple-lock  pension  pension  obligation  recovery  Super  Rich  1%  plutocracy  oligarchy  No  Representation  lobby  Career  Politicians  OAP  demographic  bubble  ageing  population  sick  population  health  crisis  economic  damage  climate  crisis  climate  change  global  warming  productivity  gap  output  gap  GDP  measurement  GNP  nominal  GDP  targeting  inflation  targeting  BRIC  creative  destruction  Mobile  Debt  Super  Cycle  servitude  servicing  service  income  tax  receipts  tax  evasion  tax  avoidance  Moore's  Law  COP21  macroeconomic  policy  microeconomic  policy  OECD  IMF  crony  capitalism  Privileged  Establishment  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  revolving  door  Wall  Street  squeezed  middle  class  working  poor  disposable  income  trickle-down  economics  neoliberal  neoliberalism  discretionary  spending  renewable  energy  infrastructure  investment  Smart  Grid  AI  artificial  intelligence  augmented  intelligence  Autonomous  Cars  ZIRP  NIRP  QE  New  stagnation 
april 2016 by asterisk2a
Nationalstaat vs. Nationalismus - Oskar Lafontaine 01.03.2016 - Bananenrepublik - YouTube
wir muessen die wirtschaftsordnung aendern. ... Greed leads to War. //&! (TAKEN FOR GRANTED LIKE RELIGION - PRODUCTIVITY AND GROWTH! - Volker Pispers Kapitalismus Erklärung | Aktuellste HD Aufzeichnung 2016 - youtu.be/u07XONlDwX8 //&! Georg Schramm: Wir leben in einem großen Krieg! | 3sat 14.02.2016 - youtu.be/YcrkJrxwKiQ
Nationalism  democracy  Brussels  Lohndumping  Sozialstaat  Soziale  Marktwirtschaft  neoliberalism  neoliberal  free  market  borderless  social  democracy  Minijob  Zeitarbeit  crony  capitalism  profit  maximisation  shareholder  value  No  Representation  European  Union  Super  Rich  1%  plutocracy  oligarchy  Leiharbeit  GFC  trickle-down  economics  Greed  economic  history  history  Gini  coefficient  Productivity 
march 2016 by asterisk2a
David Cay Johnston; How The One Percent Enrich Themselves at Government Expense, part 1 - YouTube
min 10 - gov sets the rules and rule define the civilisation and the quality of lives. // min14 - people don't want you to see and know what they are doing [...[ you need journalist who are sceptical about what the gov is saying and telling you what they do, but what the gov is actually doing >> truth tends to lead to better policy << [...] you publish when you have it, not when its good timing. // 23:40 - moral point of Super Rich and tax evasion/avoidance.Andrew Mellon. Adam Smith and the Bible: taking from the poor and giving it to the rich. is a denounced evil. you society will come to ruins. AND HERE COMES DAVID CAMERON in his christmas/new years message with CHRISTIAN VALUES! What a liar, what a hypocrite. - ind.pn/1ZqA8eh - David Cameron says Christian values make Britain successful. Why? - bit.ly/1WTGAJd &! bit.ly/1JwfUqp &! bbc.in/1ZqpPqG - << DWP Sanctions //32:40 flawed policy by flawed public understanding how the economy works and politics - disconnected from reality! -
tax  evasion  tax  avoidance  HMRC  free  press  investigative  journalism  FOI  Freedom  of  Information  Act  journalismus  journalism  tax  credit  fairness  Generationengerechtigkeit  austerity  neoliberalism  neoliberal  Super  Rich  1%  oligarchy  plutocracy  Rupert  Murdoch  Westminster  revolving  door  book  George  Osborne  David  Cameron  nasty  party  Conservative  Toff  Privileged  Establishment  No  Representation  democracy  social  democracy  progressive  tax  code  tax  code  renewable  energy  UK  gag  order  morality  moral  beliefs  squeezed  middle  class  GDP  productivity  working  poor  precarious  work  Precariat  Zero  Hour  Contract  part-time  minimum  wage  child  tax  credit  working  tax  credit  Wall  Street  profit  maximisation  shareholder  value  self-regulation  Greed  lobbyist  lobby  Lobbying  Career  Politicians  Religion  IRS  trickle-down  economics  underinvestment  public  investment  education  policy  inequality  income  inequality  health  inequality  Gini  coefficient  social  mobility  income  mobility  American  Dream  meritocracy  meritocratic  public  utility  Services  Services  USA  western  world  secular  stagnation  poverty  DWP  vulnerable  Disabled  Iain  Duncan  Smith  mental  health  NHS  Joseph  Stiglitz  Elizabeth  Warren  Pa 
january 2016 by asterisk2a
Fred Block: The Tenacity of the Free Market Ideology - YouTube
Fred Block discusses his book “The Power of Market Fundamentalism,” which extends the work of the great political economist Karl Polanyi to explain why free market dogma recovered from disrepute after the Great Depression and World War II to become the dominant economic ideology of our time. // wo state role there would be no market system. // need social democracy in complex diverse society - representing people // freedom in complex diverse society = free of hunger and economic uncertain & freedom of nonconformity - protections, no marginalisation, no economic punishment // social democracy and free market are both Utopias // Thatcher & Co blaming State for malaise! nobody likes technocratic arguments, leaves public out, thus was able to make big return. // wealth creation through efficiency route takes more work and capital than predation (rentier/rent seeking) - ie relaxing fuel efficiency savings regulation for Detroit back in the days // trust that state can support innovation
economic  history  freemarkets  free  market  neoliberalism  self-regulation  neoliberal  book  macroprudential  policy  macroeconomic  policy  microeconomic  policy  Chicago  School  USA  UK  social  democracy  capitalism  dogma  ideology  austerity  trickle-down  economics  globalization  globalisation  borderless  flat  world  Greed  boom  and  bust  crony  capitalism  plutocracy  oligarchy  Super  Rich  1%  democracy  revolving  door  Career  Politicians  No  Representation  social  mobility  American  Dream  meritocracy  meritocratic  Alain  de  Botton  philanthropy  profit  maximisation  shareholder  value  Wall  Street  Gini  coefficient  income  mobility  education  policy  welfare  state  social  safety  net  Supply  and  Demand  market  economy  Demand  and  Supply  JohnMaynardKeynes  keynes  Keynesianism  GFC  Great  Moderation  Great  Depression  Utopia  Ronald  Reagan  Margaret  Thatcher  rentier  rent-seeking  predation  financial  product  wealth  creation  R&D  STEM  productive  investment  productivity  output  gap  public  investment  underinvestment  infrastructure  investment  competitive  competitiveness  M&A 
january 2016 by asterisk2a
James Galbraith, Kate Pickett, Branko Milanovic - Consequences of Inequality and Wealth Distribution - YouTube
free education / land value tax / higher inheritance tax / abolition of private education / more progressive taxation / combat tax avoidance and tax evasion / ... Universal Basic Income //&! New Theoretical Perspectives on the Distribution of Income and Wealth Among Individuals - youtu.be/RO8KWTb2iPM - w Joseph Stiglitz and Paul Krugman --- distinguishing between wealth and capital. ignore land (free yourself from Ricardo). land. credit. //&! David Cay Johnston: The Perils Of Our Growing Inequality - David Cay Johnston about his new book, Divided: The Perils of Our Growing Inequality. - youtu.be/ok7ZJ8mS19Y
inequality  income  inequality  Gini  coefficient  education  policy  income  distribution  income  redistribution  tax  free  income  income  mobility  social  mobility  health  inequality  gender  inequality  trickle-down  economics  neoliberalism  neoliberal  welfare  state  social  safety  net  progressive  tax  code  Super  Rich  1%  oligarchy  plutocracy  social  democracy  No  Representation  Career  Politicians  democracy  tax  evasion  tax  avoidance  Universal  Basic  inheritance  tax  financial  literacy  wealth  distribution  wealth-distribution  transferring-wealth  Thomas  Piketty  Joseph  Stiglitz  Robert  Reich  squeezed  middle  class  globalization  globalisation  Paul  Krugman  Elizabeth  Warren  austerity  fairness  Generationengerechtigkeit  fiscal  policy  economic  growth  Supply  and  Demand  Demand  and  Supply  disposable  income  discretionary  spending  credit  bubble  GFC  recovery  monetary  policy  debt  servitude  consumer  debt  household  debt  Student  Loan  debt  debt  credit  card  debt  credit  card  economic  history  macroeconomic  policy  microeconomic  policy  competitiveness  productivity  knowledge  worker  book  monopoly  oligopoly  oligopol  American  Dream  meritocracy  meritocratic  post-racial  America  free  market  freemarkets  dogma  ideology 
january 2016 by asterisk2a
HMRC asked tax avoider to sign pledge not to engage in practice again | Politics | The Guardian
HMRC asked tax avoider to sign pledge not to engage in practice again Department says letter was sent as part of series of measures to discourage wider issue of tax avoidance and was not a legally binding document. [...] [ out of the lions mouth ] "one man’s aggressive avoidance is another man’s sensible planning" [...] [ but benefit "scroungers" go to jail. one tax cheat has yet to go to jail // google "daily mail benefits cheat jailed" vs daily mail tax cheat jailed // tax cheats fleece state because they use infrastructure and services for free, have thought about that? but can't jail you because you create jobs, and thus have a meaning to capitalistic society. benefit claimants, the sick, the vulnerable, the disabled have no place in a capitalistic society and thus in Osborne's budget considerations nor for the NHS which is in his eyes (actions speak louder than words, no investment to better society ... where is the Big Society item?) only a cost item. ] [write ur own rules $]
HMRC  double  standard  benefits  benefit  sanctions  sanctions  welfare  state  corporate  welfare  social  safety  net  Food  Bank  tax  evasion  tax  avoidance  Super  Rich  1%  UK  nasty  party  Tories  Conservative  ethics  society  social  tension  social  cohesion  Daily  Mail  newscorp  News  Corp.  News  Corporation  Positioning  spin  doctor  reframing  framing  Polarisation  populism  neoliberalism  neoliberal  trickle-down  economics  skiver  scrounger  corporate  media  corporate  state  Wall  Street  profit  maximisation  shareholder  value  No  Representation  social  democracy  inequality  Gini  coefficient  Precariat  Iain  Duncan  Smith  DWP  George  Osborne  David  Cameron  general  election  2015  election  campaign  promises  budget2015  tax  credit  child  tax  credit  working  tax  credit  white-collar  crime  corporate  scandal  accounting  scandal  budget  deficit  lobbyist  lobby  Lobbying  Toff  Establishment  capitalism  crony  capitalism  austerity  macroeconomic  policy  microeconomic  policy  NHS  public  health  health  crisis  productivity  sick  day  output  gap  competitiveness  education  policy  underinvestment  short-termism  general  election  2020  fairness  Generationengerechtigkeit  babyboomers  Millennials  GFC  bailout  Westminster  Career  Politicians  economic  history  economic  justice  justice 
november 2015 by asterisk2a
George Osborne vs John McDonnell - Treasury Questions - YouTube
"economic security for the country (& working people)" out of the mouth of Mr "Judgement Call" (that is what the tax credit cuts are, according to him, in front of select committee in house of commons hearing on the matter. // As if 12bn have no multiplier. 12bn for the corporate sharing it amongst their shareholders who have already bns, there is no multiplier at all. it just moves the digit after the comma. For the poop it is about paying for heating and new shoes. stupid. could afford welfare bill if corporates were to pay their fair share of taxes and not avoid and evade and no corporate welfare like for the steel industry (picking winners). = Show of Career Politician with some ideoligy and dogma and no principles. HE IS A MERCENARY. NOT A VISIONARY. A Career Politician. Calculated. Opportunistic. No long-term view. // IFS did say, in case of austerity, private sector has to pick up the slack. And it did since 2010. And new figures in household debt/credit card debt shows that.
George  Osborne  tax  credit  child  tax  credit  working  tax  credit  general  election  2020  Policy  Makers  error  renewable  energy  Hinkley  Point  C  TBTF  property  bubble  generation  rent  Housing  Crisis  tax  evasion  tax  avoidance  fairness  Generationengerechtigkeit  infrastructure  investment  underinvestment  industrial  energy  price  energy  productivity  output  gap  job  creation  Research  R&D  STEM  gender  inequality  gender  pay  gap  education  social  mobility  income  mobility  downward  mobility  Gini  coefficient  Super  Rich  1%  Toff  constituency  Establishment  election  campaign  promises  general  election  2015  babyboomers  Privileged  Entitlement  corporate  welfare  fossil  fuel  big  pharma  sick  population  Sugar  food  industry  obesity  epidemic  obesity  childhood  obesity  folly  nasty  party  Opportunism  opportunist  minority  No  Representation  Career  Politicians  David  Cameron  Conservative  Tories  capital  gains  tax  corporate  tax  rate  competitive  competitiveness  zombie  consumer  household  debt  consumer  debt  credit  card  debt  credit  card  budget  deficit  Super  Cycle  austerity  low  pay  low  income  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  secular  stagnation  wage  stagnation  income  growth  squeezed  middle  class  income  distribution  income  redistribution  income  inequality  wage  growth  lost  generation  House  of  Lords  UK  Parliam 
october 2015 by asterisk2a
Tax credits: SNP and Conservative MPs clash over government cuts - YouTube
Natalie McGarry, the SNP's shadow disabilities spokesperson, and Conservative MP Chris Philp, a member of the Treasury Select Committee, debate the government's tax credit cuts.
tax  credit  child  tax  credit  working  tax  credit  Tories  Conservative  Party  nasty  child  poverty  poverty  poverty  trap  food  poverty  dogma  ideology  general  election  2015  election  campaign  promises  welfare  state  corporate  welfare  tax  avoidance  tax  evasion  fairness  crony  capitalism  capitalism  income  distribution  income  redistribution  marginal  propensity  to  consume  austerity  democracy  Career  Politicians  No  Representation  social  contract  SNP  Devolution  bedroom  tax  class  warfare  low  pay  job  creation  skills  gap  Gini  coefficient  income  mobility  social  mobility  social  safety  net  Westminster  education  policy  post  code  lottery  deprivation  Perspective  Perspektivlosigkeit  recovery  job  market  labour  market  labour  economics  Service  Sector  Jobs  Niedriglohnsektor  precarious  work  Precariat  general  election  2020  working  poor  secular  stagnation  wage  stagnation  wage  growth  minimum  wage  income  growth  low  income  Sozialer  Abstieg  kalte  Progression  coldprogression  2015  productivity  output  gap  George  Osborne  David  Cameron  DWP  vulnerable  Disabled  NHS  Police  Services  Public  Services  GFC  bank  bailout  budget  deficit  corporate  tax  rate  subsidies  subsidizing  short-term  constituency 
october 2015 by asterisk2a
The government seems intent on ending the solar power industry. It’s madness | Howard Johns | Comment is free | The Guardian
saving on the wrong end of the stick. // &! One solar executive says the 87% cut in state subsidy is ‘obscene’, and will lead to thousands of job losses - bit.ly/1Xdgl0V - “We are all paying £100 for nuclear decommissioning costs in our bills. Solar: five quid? It is nothing to do with the energy bills of hardworking families it is entirely ideologically driven by George Osborne. It is nothing to do with the cost to the energy consumer.”
UK  energy  policy  energy  price  renewable  energy  Hinkley  Point  C  green  energy  wind  energy  energy  security  solar  energy  power  grid  Smart  austerity  dogma  ideology  Tories  corporate  welfare  subsidies  subsidizing  emissions  carbonemission  carbon  tax  carbonfootprint  fossil  fuel  short-term  view  short-term  thinking  Opportunism  opportunist  competitiveness  globalization  globalisation  borderless  industrial  policy  Manufacturing  flat  world  policy  error  policy  folly  Toff  Privileged  Establishment  constituency  Generationengerechtigkeit  underinvestment  productive  investment  climate  change  global  warming  climate  crisis  babyboomers  Millennials  economic  damage  productivity  output  gap  recovery  generationy  Entitlement  election  campaign  promises  Career  Politicians  No  Representation  fairness  EEG  Umlage  lobbyist  lobby  Lobbying  European  Union  Germany  fiscal  stimulus  fiscal  policy  trickle-down  economics  nasty  party 
october 2015 by asterisk2a
Matthew Hancock ripped apart on Tax Credits, welfare, etc. (05Oct15) - YouTube
- still worse off. [...] "we gotta make the savings." << morality - taking from the poor and letting tax evasion and avoidance go on. and other corporate welfare policies, that don't pay their taxes in the end.
child  tax  credit  working  tax  credit  tax  credit  budget2015  George  Osborne  David  Cameron  Tories  austerity  fairness  Generationengerechtigkeit  Conservative  Party  neoliberalism  neoliberal  minimum  wage  living  wage  Labour  Party  general  election  2015  election  campaign  promises  constituency  working  poor  poverty  trap  child  poverty  precarious  work  low  income  Precariat  PR  reframing  framing  spin  doctor  welfare  state  social  safety  net  DWP  Iain  Duncan  Smith  NHS  Jeremy  Hunt  fiscal  policy  bank  bailout  justice  injustice  morality  Career  Politicians  No  Representation  tax  free  income  part-time  Zero  Hour  Contract  Contractor  social  political  theory  income  distribution  Super  Rich  1%  tax  evasion  tax  avoidance  inequality  Gini  coefficient  food  poverty  poverty  social  mobility  income  mobility  Education  Maintenance  Allowance  Student  Maintenance  Grant  Student  Loan  Bubble  disposable  income  discretionary  spending  wage  stagnation  wage  growth  income  growth  productivity  output  gap  recovery  reflate  reflation  monetary  policy  subsidies  subsidizing  democracy 
october 2015 by asterisk2a
In the loop October 2: Flemish separatism, F1 and the Juncker plan by POLITICO Europe
min 17 - behind-the-scenes fight in the European Parliament over the appointment of top managers for the so-called Juncker Plan: a €315 billion EU investment plan. // threat of White Elephants, roads and bridges to nowhere ... only politicians can put themselves in front of photojournalists for photo op. no productive investments into the future. renewable, smart grid, private public paternerships, carbon emission reduction projects ie urbanisation planning projects to half city traffic and put cycling network in place, and zero emission public transportation, ... --- no accountability, no oversight no transparency. risk of corruption, bribery, dirty handshakes, ...
European  Union  technocrat  bureaucrat  Jean-Claude  Juncker  infrastructure  investment  STEM  Research  R&D  underinvestment  fiscal  policy  Pact  fiscal  stimulus  public  investment  business  investment  Schuldenbremse  Politics  Career  Politicians  No  Representation  Brussels  European  Parliament  European  Election  2014  European  Commission  Eurobond  PIGS  PIIGSFB  Richard  Koo  secular  stagnation  Niall  Ferguson  Germany  Angela  Merkel  Wolfgang  Schäuble  Eurogroup  austerity  Grexit  business  confidence  consumer  confidence  excess  reserves  zombie  banks  zombie  corporations  zombie  consumer  ECB  QE  TLTRO  LTRO  monetary  policy  monetary  transmission  mechanism  monetary  stimulus  liquidity  trap  ZIRP  NIRP  corruption  ideology  dogma  campaign  promises  White  Elephant  productive  investment  productivity  Makers  policy  folly  social  contract  political  theory  accountability  transparency  oversight  2015 
october 2015 by asterisk2a
Revealed: British ministers tried to block EU moves to clean up air quality | Environment | The Guardian
A document obtained by the Observer reveals that the Department for Environment, Food and Rural Affairs has been advising British MEPs to vote against legislation that would oblige countries to carry out “routine and non-routine” inspections on vehicles’ “real-world” emissions. [...] The revelation will add to the growing concerns over the government’s commitment to tackling air pollution. It follows the admission last week that the Department for Transport had ignored significant evidence of the fraudulent practices being employed by the car industry when this was sent to it a year ago. About 29,000 deaths in the UK are hastened by inhalation of minute particles of oily, unburnt soot emitted by all petrol engines and an estimated 23,500 by the invisible but toxic gas nitrogen dioxide (NO2) discharged by diesel engines.
UK  Westminster  neoliberalism  neoliberal  carbon  dioxide  carbonfootprint  carbonemission  emissions  air  pollution  urbanisation  urban  planning  premature  ageing  premature  death  cancer  quality  of  life  life  expectancy  standard  of  living  living  standard  cost  of  living  commuting  infrastructure  investment  city  living  Cycling  bicycling  public  transportation  transportation  well  being  chronic  stress  Tories  climate  change  global  warming  public  health  public  health  policy  NHS  Conservative  Party  No  Representation  Career  Politicians  David  Cameron  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  economic  damage  productivity 
september 2015 by asterisk2a
'The trade union bill is sinister' | Owen Jones meets Frances O'Grady - YouTube
>> Changes for Tories constituency.
Trade  Union  Workers  Union  Wall  Street  shareholder  value  profit  maximisation  John  Lewis  co-op  cooperation  gender  pay  gap  CEO  pay  No  Representation  Soziale  Marktwirtschaft  globalization  globalisation  Germany  UK  USA  White-collar  Worker  Blue-collar  Worker  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  democracy  fairness  Gesellschaft  Gerechtigkeit  exploitation  neoliberalism  neoliberal  lobbyist  lobby  Lobbying  Tories  Conservative  Party  David  Cameron  George  Osborne  dogma  austerity  wage  growth  income  growth  ideology  low  income  income  distribution  productivity  income  gap  income  redistribution  income  inequality  Gini  coefficient  inequality  social  mobility  income  mobility  downward  mobility  education  policy  apprenticeships  Super  Rich  1%  tax  evasion  tax  avoidance  tax  code  corporate  tax  rate  underinvestment  business  investment  skills  gap  capital  skills  human  capital  skill-biased  technological  change  practical  skills  practical  skill  set  short-term  thinking  short-term  view  opportunity  opportunist  trickle-down  economics  Establishment  Toff  Privileged  social  safety  net  welfare  state 
september 2015 by asterisk2a
Bumper payouts for housebuilding executives as market booms | Business | The Guardian
Two of Britain’s largest housebuilders, Berkeley Group and Persimmon, could hand out about £1bn to their top executives and managers in pay and bonuses over the next six years, boosted by strong UK house prices and government-subsidies for home-buyers. Tony Pidgley, founder and executive chairman at Berkeley, is expected to face tough questions on Tuesday at the group’s shareholder meeting near its headquarters in leafy Cobham, Surrey, after it emerged last month that his pay package last year was worth £23.3m. [...] Meanwhile, executives at Persimmon, the UK’s largest housebuilder, also have a Berkeley-style incentive scheme that is one of the most generous to be found at a London stock market-listed firm. [...] Berkeley’s share price has risen more than 40% since the election of a Conservative government in May, [...] [bonuses] “entirely based on short-term performance”. [...] return on equity[.][ < KPI, what gets measured gets done ] &! bbc.in/1KE0jut - Barratt Homes profits +45%
social  housing  affordable  housing  CEO  pay  Wall  Street  profit  maximisation  shareholder  value  CEO  Leadership  housing  market  housing  crisis  generation  rent  Generationengerechtigkeit  fairness  UK  property  bubble  Supply  and  Demand  Demand  and  Supply  vested  interest  Tories  Conservative  Party  No  Representation  social  tension  social  cohesion  gentrification  Gentrified  austerity  2015  mortgage  market  speculative  bubbles  speculative  speculation  hot-money  bonuses  bonus  transparency  accountability  crony  capitalism  shared  economic  interest  general  election  2015  election  campaign  promises  George  Osborne  babyboomers  David  Cameron  social  contract  political  theory  exploitation  lobbyist  lobby  Lobbying  oligopoly  oligopol  monopsony  cartel  antitrust  financial  incentive  Public  Good  underinvestment  investment  productive  investment  output  gap  productivity  commuting  infrastructure  investment  trickle-down  economics  neoliberalism  neoliberal  budget2015  policy  folly  policy  error  Makers  Public  short-term  long-term  living  standard  cost  of  living  cost  of  ownership  cost  of  entry  living  spaces  standard  of  living  living  environment  city  living  urban  planning  urbanisation 
september 2015 by asterisk2a
Labour leadership races can change fast; interest rates, not so much | Business | The Guardian
The fact of the matter is that, while George Osborne is obsessed with shrinking the size of the public sector and causing hardship and misery, the real crisis in this country concerns not the size of the budget deficit, but the record peacetime balance-of-payments deficit of a whopping 6% of GDP. With this in mind, John Llewellyn and Russell Jones of Llewellyn Consulting have been urging the Bank to encourage the overvalued pound to fall towards more realistic levels, to avoid an almighty sterling crisis when the markets finally wake up to the real crisis in the British economy.
balance  of  payments  2015  budget2015  austerity  output  gap  productivity  household  debt  public  debt  private  debt  consumer  debt  UK  George  Osborne  short-term  Mark  Carney  BOE  ZIRP  QE  NIRP  bond  bubble  current  account  deficit  trade  deficit  structural  deficit  industrial  policy  STEM  Research  Manufacturing  energy  policy  energy  price  renewable  energy  Career  Politicians  No  Representation  fairness  Generationengerechtigkeit  Tories  Conservative  Party  Toff  Establishment  Privileged  asset  bubble  equity  bubble  property  bubble  reflate  reflation  fiscal  stimulus  fiscal  policy  Richard  Koo  debtoverhang  balance  sheet  recession  Software  Is  Eating  The  World  underinvestment  productive  investment  public  investment  business  investment  business  confidence  wage  stagnation  wage  growth  secular  stagnation  deflationary  deflation  competitive  competition  competitiveness  globalization  globalisation  global  trade  added  value  value  creation  corporate  tax  rate  capital  gains  tax  inequality  Gini  coefficient  poverty  trap  child  poverty  social  mobility  income  mobility  disposable  income  discretionary  spending  economic  history  trickle-down  economics  neoliberalism  neoliberal  Privatisation  pound 
september 2015 by asterisk2a
Vince Cable: ‘Historically, the coalition will be seen as a success’ – interview | Politics | The Guardian
[A] look at the post-crash global economy, is the first fruit of that freedom. After toeing the line for five years, he can go public with his criticisms of chancellor George Osborne’s handling of the economy. He warns that the emphasis on consumption rather than investment, the continuing reliance on house price inflation as the driver of growth, the decline in productivity and innovation mean fundamental problems are not being addressed. He is also the first minister to lift the lid on the coalition: we learn the Tories could be likable colleagues but “collectively appalling, with ugly tribal prejudices”; that Osborne and David Cameron were unable “to move Theresa May an inch”; that Osborne’s Treasury effectively controlled government, with a hands-off Cameron; and that, in Cable’s view, Nick Clegg and Danny Alexander were too accepting of the Treasury line. [...] [ Cameron the PR man, being in office for the sake of just being in Office ] &! bit.ly/1KROBLk
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september 2015 by asterisk2a
Why Jamie Oliver's sugar tax is a good idea - Telegraph
The Government should forget about industry lobbying and act on the national scandal of sugary food and drink, // The coalition also relies on another common industry talking point: "empowering choice is more effective than restricting it," claiming that "instead of teaching people what not to eat, dietary guidance should focus on providing practical 'how to' advice." - facebook.com/DietitiansForProfessionalIntegrity/posts/974432892626586
Big  Sugar  lobbyist  lobby  Lobbying  processed  food  fast  food  junk  food  Chain  food  prices  food  waste  food  poverty  food  industry  public  health  policy  public  health  health  care  budget  health  care  spending  health  crisis  NHS  sick  population  chronic  diseases  obesity  epidemic  overweight  chronic  low-grade  inflammation  cancer  obesity  nanny  state  long-term  long-term  view  long-term  thinking  sick  day  productivity  economic  damage  spin  doctor  PR  Career  Politicians  No  Representation 
september 2015 by asterisk2a
Thom Hartmann "The Crash of 2016" - YouTube
7:10 American Dream not abt being Super Rich, part of 1%, self-made millionaire. American Dream is abt live a good life, meaningful work. Launch children into world. Edu. Vacation. & Left over 4 retirement. having a voice; Workers Union. Health Care. Some little savings. Retirement Fund. // Wages did not keep up with productivity gains, if they had, minimum wage would be about $22! - bit.ly/1NZLVwc // 1trn$ in student loans/debt! that is what post-war gen had in assets! // (neoliberalism and neoconservative) Think Tanks; like Kato Institute, produce papers that are pushed to media 'getting our message across' (control media), also control over our justice system, & control over our education (our story, ie X Prof and read Ayan Rand). // Middle Class once invested in college & university. Was seen as intellectual class, society pillar. Till the last 32 years. // cites Fourth Turning book! // re-peat of 1929, = GFC // &! youtu.be/nUWaXZWhnqA &! youtu.be/polYrI4Us84
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september 2015 by asterisk2a
The Draghi Put - YouTube
Draghi Put &! bit.ly/1fQ2lcq // &! bloom.bg/1Euf6peh // &! Mark Blyth Mackenzie Lecture 2015 – Austerity and the Politics of Money - youtu.be/B6vV8_uQmxs --- u cant make them lend (banks) 2 businesses (productive investment, closing productivity & output gap) particularly in a deflationary world with secular stagnation tendencies/signs, with non-existent inflation expectations! liquidity trap! dont get into higher growth path/gear! and infrastructure bonds (= Eurobond) on EU level wont help very much. !New Normal is lower yield avg across assets (public) & economic growth average p/a of abt 1.2-1.4% Add demographic bubble/ageing population = less consumerism, less disposable income/discretionary spending on aggregate, Piketty (book) removed technology as growth multiplier in some chapters & then you really come to <2% p/a long-run growth predictions for EU/western world. <2% growth p/a at >90% debt2gdp u have a problem! == Rechtsruck &or Anti-Austerity. Political tail-risk!
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august 2015 by asterisk2a
Austerity: The History of a Dangerous Idea - YouTube
faith in capitalism can only be sustained, according to Adam Smith, if we can better ourself (vs winner takes all) & talent diversion into Finance, not Climate Change, STEM, education, sw, hw & rogoff/reinhart called 4 fiscal stimulus in 2014. &! its a banking problem, not overspend, its corporate state (Tories) PR and spin doctors, manufacturing consent, propaganda/populism! change conversation away from banks! // youtu.be/a-8ySh6nUsA // &! The Austerity Delusion - youtu.be/NQGCoiakycQ // &! Is Austerity a Dangerous Idea? - youtu.be/2v8m-J8sgik // &! youtu.be/JQuHSQXxsjM // &! Mackenzie Lecture 2015 - youtu.be/B6vV8_uQmxs // &! After the Financial Crisis: How to Tell the Forest from the Trees - youtu.be/V3FPmu2_J_0 // &! Book Panel 2013 - youtu.be/Xz4FW8GDwG4 - "debt gets cured by growth." & austerity is ideological war on welfare state & class // &! youtu.be/iM2cnMhJZyg // &! youtu.be/in5M65566iw // &! What I Learned and (Un-Learned) at the Financial Crisis - youtu.be/lhldDOp77QA /
austerity  economic  history  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  apathy  voter  turnout  crony  capitalism  ideology  dogma  GFC  IMF  OECD  ChristineLagarde  George  Osborne  David  Cameron  Angela  Merkel  Troika  Wolfgang  Schäuble  Conservative  Party  Schuldenbremse  Fiscal  Pact  UK  Europe  Generationengerechtigkeit  fairness  lost  generation  lost  decade  Japan  ZIRP  NIRP  QE  unintended  consequences  asset  allocation  hunt  for  yield  speculative  bubbles  property  bubble  unknown  unkown  Taper  KennethRogoff  carmenreinhart  Thomas  Piketty  debtoverhang  balance  sheet  recession  sovereign  debt  crisis  deleveraging  Richard  Koo  trickle-down  economics  neoliberalism  neoliberal  Privatisation  industrial  policy  Revolution  2.0  deflationary  deflation  secular  stagnation  globalisation  globalization  Eurogroup  Paul  Krugman  Joseph  Stiglitz  reflate  recovery  reflation  bond  bubble  asset  bubble  faultlines  structural  imbalance  Impediments  BOE  macroeconomic  policy  microeconomic  policy  short-term  Career  Politicians  political  theory  social  contract  Gesellschaft  No  Representation  Rechtsruck  stagnation  social 
august 2015 by asterisk2a
Is austerity working in Britain and Europe? - YouTube
youtu.be/YIg3Ls8UjMs - youtu.be/EpSmOBIZKus - (2014) The UK is having a moral disaster: Peter Hitchens on Britain's bleak future (talks about Conservative Party, Cameron is a PR man - exemplary Career Politician just wanting to be in office. out brake of riots in Summer 2011 similar to Brixton Riot "not being part of society", "multiculturalism is no culture" (shared identity and interest as nation) // --- // Chancellor defends austerity from Davos (2013) - youtu.be/nQZDDIVjbcM // (2015) Protesters gather after Queen's speech to 'fight austerity' - youtu.be/ERL0tEzVVqE // &! End Austerity March: thousands protest across the UK - youtu.be/-Yg8QaeBdNs
austerity  UK  economic  history  IMF  Greece  Tories  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Privatisation  Conservative  Party  Toff  Privileged  Establishment  Paul  Krugman  2015  Europe  Troika  Eurogroup  ECB  fiscal  policy  fiscal  stimulus  Pact  Schuldenbremse  GroKo  Angela  Merkel  Wolfgang  Schäuble  BOE  NIRP  ZIRP  QE  budget  deficit  underinvestment  productive  investment  productivity  output  gap  infrastructure  investment  STEM  deflationary  deflation  inflation  expectation  secular  stagnation  recovery  GFC  industrial  policy  Manufacturing  tax  evasion  tax  avoidance  corporate  tax  rate  fairness  Generationengerechtigkeit  bank  bailout  No  Representation  Career  Politicians  technocrat  Public  Services  Social  Services  deprivation  poverty  trap  child  poverty  poverty  food  poverty  income  mobility  mobility  downward  mobility  budget2015  multiculturalism  identity  Gesellschaft  Zivilgesellschaft  civic  society  civic  life  civil  courage  society 
august 2015 by asterisk2a
'They Will Want To Bleed Him To Death': Owen Jones on Corbyn, Labour and the Future of the Left - YouTube
Jeremy Corbyn MP's response to the Tories 2015 Budget - youtu.be/ZxhQy6oDacg // &! The Corbyn Factor: Blair and Blairites panic, Labour in state of confusion - youtu.be/v__jsfY2fb8 // &! Laurie Penny on Jeremy Corbyn - can he take Labour forward? - youtu.be/LGL3wK27tmE // &! Owen Jones - London Rally: Jeremy Corbyn For Labour Leader 3.8.2015 - youtu.be/mFtC4td3NMc & youtu.be/8r78NcgvWEk // &! youtu.be/N7RAqAY_4c8 (1) low wages don't fund the gov budget - where is Tories industrial global competitive policy? They've slashed Research Funding! STEM, industrial and manufacturing policy, vocational and professional education, social mobility, knowledge and creative industry, digital economy (London's high cost do no help Start-ups!), Tories pro business policy is for the big and existing players, not for the future. // &! Jeremy Corbyn: ‘Labour cannot go on being Tory-lite’ - youtu.be/r6DX-wM5hR4 &! youtu.be/m1IUYlVR59k &! youtu.be/PPZKKHQ_-Gk &! youtu.be/vKv48n4MzII
Labour  Party  Jeremy  Corbyn  Owen  Jones  austerity  2015  general  election  2015  election  campaign  promises  Ed  Miliband  political  theory  social  contract  Tony  Blair  authenticity  authentic  Career  Politicians  No  Representation  London  Start-up  Scene  digital  economy  job  creation  STEM  Manufacturing  industrial  policy  Conservative  Party  Tories  Toff  Establishment  Privileged  infrastructure  investment  underinvestment  productive  investment  UK  economic  history  IMF  OECD  competitive  competitiveness  social  mobility  downward  mobility  Gini  coefficient  inequality  income  inequality  gender  inequality  job  market  job  security  market  participation  rate  productivity  output  gap  recovery  budget2015  fiscal  policy  fiscal  stimulus  monetary  policy  reflate  reflation  social  justice  social  cohesion  social  tension  social  change  Generationengerechtigkeit  fairness  social  housing  affordable  housing  education  policy  vocational  education  professional  education  tax  evasion  tax  avoidance  corporate  tax  rate  subsidies  lobbyist  lobby  Lobbying  subsidizing  crony  capitalism  capitalism  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  Super  Rich  1% 
august 2015 by asterisk2a
George Osborne is a magician – despite his record he’s seen as a success | Owen Jones | Comment is free | The Guardian
The chancellor’s record demonstrates a specialism in policies that are too complicated to successfully rebut – a pernicious but effective approach [...] ‘He turns myths into common sense. He spins policies that benefit the richest into rewards for aspiration. He transforms his disastrous record into success.’ [...] GDP per capita remains lower than before Lehman Brothers imploded. Not since the Victorian era have workers’ pay packets flatlined for as long as they have under Osborne. [...] His government pledged to start paying off the country’s debts, but he added more than every single Labour chancellor in history put together. Under his chancellorship, productivity has stagnated disastrously. In much-derided France, productivity is 27% higher. How can this record be regarded as anything other than dire?
austerity  spin  doctor  PR  Tories  Conservative  Party  UK  George  Osborne  Toff  Privileged  Establishment  GFC  recovery  2015  budget  deficit  budget2015  tax  evasion  tax  avoidance  corporate  tax  rate  tax  code  capital  gains  tax  income  tax  welfare  state  Public  Services  Social  Services  vulnerable  Disabled  benefits  JSA  ESA  babyboomers  Generationengerechtigkeit  STEM  underinvestment  fiscal  policy  industrial  policy  Manufacturing  short-term  short-term  thinking  short-term  view  Career  Politicians  No  Representation  policy  folly  policy  error  contract  political  theory  productivity  output  gap  David  Cameron  DWP  apprenticeships  education  policy  mobility  downward  mobility  poverty  trap  child  poverty  Gini  coefficient  IMF  ChristineLagarde 
august 2015 by asterisk2a
Crash bei Dax und Dow: Das war's mit Illusion Nummer drei - SPIEGEL ONLINE
Solange die Weltwirtschaft brummt, kann eine einzelne Volkswirtschaft ihre Währung so lange abwerten, bis sie wieder wettbewerbsfähig ist und der Aufschwung fast von alleine kommt. Globale Krisen funktionieren anders. Die Weltwirtschaft insgesamt kann nicht abwerten. Sie kann nur produktiver werden, aber nicht wettbewerbsfähiger. Da alle großen Wirtschaftsregionen der Welt - USA, Euroraum, Russland, China, Japan und Südostasien - ihre Mega-Krisen in den letzten zwei Jahrzehnten hatten, gibt es auch keinen Unversehrten mehr, der die Rolle einer weltwirtschaftlichen Lokomotive übernehmen könnte. Das Wachstum der Weltwirtschaft verlangsamt sich somit stetig. [...] Die fetten Jahre sind vorbei [...] [ Share buyback was hot in 2014/15 till now ] [...] Die Verschiebung der Macht von Arbeit zu Kapital schreitet nicht weiter fort. [ low interest rate environment bc low capital returns, new Millennials have to serve now this debt burden and can't hope to inflate it away. & stagnant wages! ]
IMF  OECD  global  economy  global  trade  globalisation  global  imbalances  globalization  borderless  flat  world  GFC  dot.com  recovery  reflate  reflation  secular  stagnation  Richard  Koo  economic  history  austerity  2015  China  USA  UK  Europe  savings  glut  structural  imbalance  distortion  QE  ZIRP  NIRP  monetary  policy  fiscal  policy  underinvestment  productive  investment  output  gap  participation  rate  productivity  Great  Moderation  New  Normal  asset  bubble  equity  bubble  speculative  bubbles  bond  bubble  property  bubble  bubbles  hunt  for  yield  liquidity  trap  monetary  transmission  mechanism  debtoverhang  debt  servitude  deleveraging  balance  sheet  recession  inflation  expectation  deflationary  deflation  Oil  price  energy  price  OPEC  Makers  policy  error  policy  folly  unintended  consequences  complexity  unknown  unkown  share  buyback  Wall  Street  profit  maximisation  shareholder  value  public  investment  infrastructure  investment  business  investment  M&A  mainstreet.org  crony  capitalism  exploitation  short-term  thinking  short-term  view  capitalism  bank  bailout  lobbyist  lobby  Lobbying  Career  Politicians  No  Representation  social  contract  political  theory  structural  unemployment  Impediments  faultlines  policy  social  l 
august 2015 by asterisk2a
Row breaks out over benefit cuts 'suicide watch' claims - BBC News
The SNP and Labour have hit out over claims that frontline benefits staff are getting guidance on how to deal with claimants threatening suicide. The Sunday Herald reported that the advice has been given to Scottish Department for Work and Pensions staff. The SNP said it highlighted the "devastating impact" of benefit cuts and sanctions, while Labour said cuts were hitting the vulnerable. The DWP said staff can refer claimants for support and this was "nothing new". The guidelines for call centre staff are designed to help staff deal with unsuccessful applicants for Universal Credit who are threatening to self-harm or take their own life, the newspaper reported. [...] "That the UK government are issuing suicide guidance to their frontline staff is an acknowledgement by them of the devastating impact of their social security cuts on people's lives - it's not new guidance they need, it's a new approach." [...] [We are all in this together.] [But, sense of everyone for him/herself. ]
austerity  welfare  state  benefits  vulnerable  Disabled  George  Osborne  David  Cameron  Tories  budget2015  Conservative  Party  neoliberalism  neoliberal  poverty  trap  child  poverty  child  tax  credit  tax  credit  working  tax  credit  food  poverty  poverty  UK  social  mobility  downward  mobility  Gini  coefficient  education  policy  housing  benefit  affordable  housing  social  housing  Iain  Duncan  Smith  DWP  Public  Services  Services  PR  spin  doctor  budget  deficit  output  gap  productivity  tax  evasion  tax  avoidance  policy  error  short-term  thinking  short-term  view  economic  history  recovery  Makers  policy  folly  Career  Politicians  No  Representation  social  contract  social  tension  inequality  gender  inequality  social  cohesion  Generationengerechtigkeit  Student  Maintenance  Grant  Toff  Privileged  Establishment  fairness  Sozialer  Abstieg  job  creation  general  election  2015 
august 2015 by asterisk2a
Unions protest as rail fares rise three times faster than wages over five years | Money | The Guardian
The FT takes the same grim line, pointing out that season tickets and other regulated fares have risen by 25% in real terms since 2010 while average pay rose 8.7%. The Daily Express grumbles: "In return travellers continue to battle with trains that are frequently delayed and hugely overcrowded. All the while rail bosses pick up huge pay packets and some petulant unions misuse their ability to cause chaos." /// &! bbc.in/1E1VSqd &! Rail fares: Minister Patrick McLoughlin defends rises - bbc.in/1BbUkWs // &! bbc.in/1CpMwym - Election 2015: Conservatives in rail fare inflation pledge // &! To Rise 1% in Jan 2016 - bbc.in/1E1VSqd
UK  public  transportation  transportation  infrastructure  infrastructure  investment  commuting  competitive  competitiveness  London  Manchester  economies  of  agglomeration  Conservative  Party  Tories  industrial  policy  competitive  advantage  stress  chronic  stress  productivity  output  gap  recovery  austerity  short-term  thinking  short-term  view  election  campaign  promises  general  election  2015  David  Cameron  George  Osborne  policy  error  policy  folly  fiscal  stimulus  fiscal  policy  Career  Politicians  Generationengerechtigkeit  fairness  No  Representation  housing  market  affordable  housing  social  housing  generation  rent  babyboomers  inequality  Gini  coefficient  tax  evasion  tax  avoidance  corporate  tax  rate  tax  code  capital  gains  income  tax  tax  free  income 
august 2015 by asterisk2a
Access To Startup Skills Threatened By U.K. Visa Review | TechCrunch
[ unable to move fast, execute fast ] Startups of course rely on filling vacancies by bringing skills from abroad — given it may be the only way to obtain relevant expertise when you’re working in such nascent areas. [...] According to the MAC’s call for evidence, the proposed changes being considered by the government include some potentially radical measures — such as: significantly raising the salary threshold; restricting which job roles are eligible; and removing the right for dependents of visa holders to be able to work in the U.K. [ salaries threshold, NHS already cried out loud foul as many foreign nurses would have to leave it threshold would be set at about 34-35 minumum earnings. ] [...] “The majority don’t… and several of the respondents said it’s already too complicated and expensive for us to go through that process,” he notes. [...] “populist politics” could pose a threat the U.K.’s digital economy [... quality of life in London less than in other US cities ...]
skill-biased  technological  change  UK  London  Start-up  Scene  ecosystem  skills  gap  job  market  labour  market  Supply  and  Demand  Demand  and  Supply  borderless  flat  world  HR  human  resources  hiring  lesson  advice  scaling  work  visa  immigration  productivity  output  gap  STEM  industrial  policy  David  Cameron  Tories  Conservative  Party  general  election  2015  election  campaign  promises  UKIP  sentiment  populism  propaganda  education  policy  European  Union  talent  pool  Europe  Scene  war  for  talent  Makers  Career  Politicians  No  Representation  competitive  competitiveness  competitive  advantage  competition  execution  digital  economy 
august 2015 by asterisk2a
Global economic growth to slow, NIESR predicts - BBC News
'Domestic risk' While NIESR was generally upbeat about the UK economy, it believed that weak productivity would remain a challenge. Simon Kirby, an economist at the institute, said: "It's the major domestic risk." NIESR expects inflation to remain about zero until the end of the year due to low oil prices and the strong pound, but that it will return to the Bank of England's target of about 2% a year by 2017. The think-tank expects the Bank of England to finally raise interest rates in February next year. Economists polled by Reuters last month mostly expect the Bank to raise rates in the first quarter of 2016.
UK  2015  recovery  deflationary  deflation  secular  stagnation  productivity  output  gap  fiscal  policy  austerity  fiscal  stimulus  industrial  policy  George  Osborne  short-term  thinking  short-term  view  budget  deficit  current  account  deficit  David  Cameron  Tories  dogma  ideology  Career  Politicians  No  Representation  Taper  STEM  policy  folly  policy  error  Makers  education  policy  microeconomic  policy  macroeconomic  policy  globalisation  globalization  flat  world  borderless  job  creation  Service  Sector  Jobs  precarious  work  Zero  Hour  Contract  Contractor  Niedriglohnsektor  minimum  wage  living  wage  Manufacturing  added  value  value  creation  ecosystem  vocational  education  professional  education  apprenticeships  competitive  competitiveness  competitive  advantage  neoliberalism  neoliberal  Lohnzurückhaltung  disposable  income  discretionary  spending  working  poor  squeezed  middle  class  Precariat 
august 2015 by asterisk2a
The real victims of increased tuition fees? The old
Applications from 18-year-olds are on the rise, including from Britain's poorest families. But part-time and mature students are being deterred. [...] George Osborne talks of his vision of moving to a “higher wage economy”. But while improvement in skills are necessary to lifting productivity, wages and boosting growth, adults are being put off investing in their education. The consequences are particularly deleterious for those from disadvantaged backgrounds, who are more likely to apply to university later and on a part-time basis; the unattractiveness of part-time courses thus imperils social mobility. [...] The fees system for mature and part-time students is putting too many off developing the skills they need for the UK to thrive. [ at least fund a scheme for public-private partnership w companies to chip in ~30% of the cost for their employees ]
Student  Maintenance  Grant  loan  debt  debt  UK  Higher  Education  University  College  social  mobility  policy  vocational  further  income  mobility  Gini  coefficient  mature  professional  qualification  part-time  affordability  STEM  knowledge  economy  knowledge  worker  industrial  policy  Public  competitive  competitiveness  productive  investment  productivity  output  gap  George  Osborne  David  Cameron  Career  Politicians  No  Representation  budget2015  fairness  common  sense  short-term  thinking  short-term  view  IMF  OECD  skills  gap  MOOC  employabilitie  employability  Start-up  of  You  tuition  fee  poverty  trap  gender  inequality  Future  of  Work 
july 2015 by asterisk2a
STEPHANIE FLANDERS: It's borrowing and debt driving Britain's recovery | This is Money
New forecasts that went with his speech paint a different picture, of a recovery driven in large part by households borrowing more, and saving less. The level of household debt, relative to income, has been falling since the crisis, as families have cut back and worked to pay off debt. But the new Budget forecasts show it starting to rise again, from the final quarter of this year, moving from 142 per cent of income back up to 166 per cent by 2019. That’s more or less where household debt had got to in the lead up to the financial crisis, after all that irresponsible ‘debt fuelled growth’ under Gordon Brown. [...]And total level of investment is now more than 20 per cent below where it was at the start of 2008. // &! bit.ly/1IxXKax - low inflation, no inflation pressures expected till 2016 // &! bit.ly/1DepsJ2 - The UK has the most unbalanced economy of any OECD country.
2015  recovery  UK  austerity  fiscal  policy  monetary  policy  ZIRP  NIRP  QE  debt-fuelled  recovery  debt  monetisation  debt  monetization  economic  growth  economic  multiplier  productive  investment  asset  allocation  distortion  speculative  bubbles  hunt  for  yield  current  account  deficit  savings  rate  debt  servitude  household  debt  mortgage  market  Taper  credit  card  consumer  debt  debtoverhang  sovereign  debt  crisis  Super  Cycle  public  debt  private  debt  debt  bubble  NPL  Makers  Manufacturing  STEM  George  Osborne  short-term  thinking  short-term  view  David  Cameron  Career  Politicians  No  Representation  fiscal  stimulus  IMF  OECD  Toff  Privileged  Establishment  social  mobility  downward  mobility  Gini  coefficient  fairness  policy  error  policy  folly  interest  groups  democracy  social  tension  social  cohesion  budget2015  general  election  2015  election  campaign  promises  competitiveness  competitive  flat  world  borderless  global  trade  structural  imbalance  Impediments  secular  stagnation  Richard  Koo  deflationary  deflation  inflation  expectation  inflation  targeting  disinflation  inflation  Mark  Carney  BOE  balance  sheet  recession  deleveraging  economic  history  faultlines  global  imbalances  industrial  policy  output  gap  productivity 
july 2015 by asterisk2a
Obesity: 'Slim chance' of return to normal weight - BBC News
[ its the environment & addiction component, stupid ] For severe obesity, shedding excess weight in a year is even more unlikely, a study of UK health records concluded. [...] [S]trategies for helping obese patients are failing. A team from King's College London is calling for "wider-reaching public health policies" to prevent people becoming obese in the first place. Lead researcher Dr Alison Fildes said the main treatment options offered to obese people in the UK - weight management programmes via their GP - were not working for the vast majority. "Treatment needs to focus on stopping people gaining more weight and maintaining even small levels of weight loss," she said. "Current strategies that focus on cutting calories and boosting physical activity aren't working for most patients to achieve weight loss and maintain that. "The greatest opportunity for fighting the obesity epidemic might be in public health policies to prevent it in the first place at a population level."
obesity  epidemic  obesity  overweight  diet  Standard  American  Western  pattern  diet  diet  Vegan  addiction  Big  Sugar  junk  food  Whole  Plant  Foods  food  industry  Fast  Chain  processed  food  food  poverty  public  health  policy  public  health  long-term  view  long-term  thinking  Makers  health  crisis  health  care  budget  health  care  spending  chronic  diseases  chronic  low-grade  inflammation  cancer  diabetes  high  blood  pressure  sedentary  lifestyle  identity  intrinsic  motivation  Dairy  Meat  health  policy  health  science  living  environment  exposure  Career  Politicians  nanny  state  complexity  No  Representation  education  policy  microeconomic  policy  economic  damage  unintended  consequences  unknown  unkown  productivity  sick  day  dietary  cholesterol  lifestyle  lifestyle  lifestyle  medicine  GP  NHS  prevention 
july 2015 by asterisk2a
Yellen: There's Still Slack in Labor Markets - YouTube
>> signs that a debt fuelled recovery doesn't fix the long standing (since 90's 2000's post dot.com) underlying fundamentals of an economy. // low wage low productivity jobs especially part-time and minimum wage - doe not have an economic multiplier as a whole, they cost the economy or are at least net-net 0. // it is the same in UK. and signs show in Germany as well. // &! subprime was one of many predatory lending practices to financial illiterate ppl and exploitation of the underbanked/unbanked, and banks also choose to charge minorities higher interest rates - youtu.be/CbW9mH7p_8E + and add also practices of Payday Loans. Those things are a symptoms of the system at large. Resulting in the Poverty Trap.
USA  labour  economics  labour  market  participation  rate  skills  gap  underemployed  part-time  2015  education  policy  vocational  education  social  mobility  downward  mobility  self-employment  Gini  coefficient  squeezed  middle  class  long-term  unemployment  unemployment  youth  unemployment  employabilitie  employability  structural  unemployment  structural  imbalance  Impediments  secular  stagnation  output  gap  productivity  recovery  GFC  competitiveness  competitive  globalisation  globalization  borderless  flat  world  fiscal  policy  monetary  policy  debt  monetisation  debt  monetization  economic  history  infrastructure  investment  Makers  Career  Politicians  No  Representation  Sozialer  Abstieg  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  precarious  work  Precariat  working  poor  economic  growth  trickle-down  economics  economic  damage  economic  model  shared  economic  interest  long-term  view  long-term  thinking  short-term  thinking  short-term  view  Opportunism  opportunist  policy  folly  policy  error  microeconomic  policy  job  creation  job  market  job  security  Minijob  Aufstocker  minimum  wage  living  wage  disposable  income  savings  rate  discretionary  spending  well  being  dot.com  UK  Lohnzurückhaltung  lohndumping  mindestlohn  wage  growth  wage  stagnation  inequality  income  inequality  income  mobility  capi 
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
A Liverpool health experiment which just might save the NHS - BBC News
[ a bomb oozing, not exploding, just getting bigger & bigger & each passing year not tackling the causes - harder to resolve. ] True to form, the wise men at the top of the NHS in their headquarters in Leeds and Liverpool have identified the source of their pain: it's us. We are victims of our own lifestyle choices, demographically ever more numerous, and culturally driven by untameable expectations. We drink too much, we are too fat, we smoke, and we do not exercise and the average age of the population is increasing. The pressure is intolerable. A morning at A&E or a GP's surgery is like a scene from The Day of the Triffids. No power on earth could save us from ourselves and we are lucky to live as long as we do. [...] Unless we change the way we do things, the NHS in England will die. [...] [ FOCUS HAS TO CHANGE - from treatment to prevention and education. ] "The NHS can't cope: no health service would cope - anywhere." // intrinsic motivation by ppl to change for the better.
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july 2015 by asterisk2a
Who Will Pay? Austerity vs. Bailouts | Greece, Europe and The Euro! - YouTube
have to be held accountable >> bankers! but have not, just transfered private debt/losses onto public balance sheet which no has to paid down by the weakest of society and collectively by less public investment for the future (output gap/lower productivity) ie into infrastructure and education // stealing from the young // policy making by comfort and trinkets - George Osborne // moral hazard - the options they choose - paulson geithner summers and co made the tbtf and jail even worse! instead should have chosen partial privatization // sold off our future for keeping the gangsters "private" - get out of jail free card for what reason? because it would be not American? American means to be WALL STREET crony capitalistic greed with tax evasion and lobbying to the tunes of millions - your judge - that judges on you whether you get a free out of jail card?! // who will suffer in the end? the public and the weakest of society and unborn! period. long-term. // &! youtu.be/EmHYeGI0b_U
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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 //
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july 2015 by asterisk2a
Osborne's Budget: ‘High priest of an austerity cult’ | Politics | The National
At its heart was a commitment to cut the deficit and bring the country in surplus by 2020. Osborne will achieve that partly through cuts to government spending, partly through new tax avoidance measures and substantially with hefty cuts to welfare. // &! John Swinney: The National Living Wage hides an attack on people in low-wage jobs -bit.ly/1CrSapj &! Equality: This Budget continues the project which impoverishes women - bit.ly/1D3dxrX - women make up ~70-77% of recipients of tax credit! &! tax credit essential for families on low income to top up to afford "living" [...] The Scottish Federation of Housing Associations is wholeheartedly against the removal of the automatic entitlement to Housing Benefit for 18 to 21-year-olds. This will have an adverse affect on the life chances and employment prospects of the 28,000 plus claimants in this group – over half of whom have young families of their own – as it could, for many, put their homes at risk. bit.ly/1LYCgWA &! bit.ly/1D3egtb
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july 2015 by asterisk2a
If People Understood This One Thing, We Would Have Revolution Overnight - YouTube
Martin Luther King, Jr. was working towards a guaranteed basic income for all when he was killed. Wealth inequality, neoliberalism, the actions of the Federal Reserve, along with the greed and theft of the global elite have made the call for a guaranteed basic income for all even more urgent in 2014 than in the 1960s. [...] In his new book, The Economics of Revolution, DeGraw writes: “Having that much wealth consolidated within a mere 1% of the population, while a record number of people toil in poverty and debt, is a crime against humanity. For example, it would only cost 0.5% of the 1%’s wealth to eliminate poverty nationwide. Also consider that at least 40% of the 1%’s accounted for wealth is sitting idle. That’s an astonishing $13 trillion in wealth hoarded away, unused.” In this clip from the full 30-minute interview, DeGraw points out that the Federal Reserve is already printing money and giving it away to the financial elite.
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june 2015 by asterisk2a
Jobs cull and services hit predicted as Scotland's councils face £1billion black hole | Herald Scotland
"At over -5 per cent in each of the next two years, the cuts in spending could be over double the average size seen in the past four years. "As the NHS budget will continue to be protected the position for all other public service budgets will involve even bigger cuts." Since 2010 councils have received £800million less in real terms in their grants, with over 40,000 posts removed through voluntary redundancies, natural wastage and internal changes to how they do business . The imminent cuts to schools' and social work budgets, home helps, parks, libraries, refuse collection and even environmental health services also come amid record levels of demand, an increasing elderly population, high energy prices, debt repayments and wage rises.
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june 2015 by asterisk2a
Is a Calorie a Calorie? Processed Food, Experiment Gone Wrong (2015) - YouTube
Dogma "A calorie is a calorie" &! Robert Lustig - Frontiers of Science (2015) - youtu.be/uIIXUZwpB-U "hijacked for personal profit" [ no shared economic interest of Wall Street rootless crony capitalistic conglomerate tax evaders lobbying heavily for everything they can and they will. ] "there are now more obese people as undernourished people" [ Presenteeism and absenteeism (increased sick leave = lower productivity amongst labour force) ] medicare will be broke in 2026. "A sink hole." Pharma does not invest in prevention and healing, it is investing in management (long-term care). After all its called pharma and not "health & well being company." min33 What makes u feel good is exercise, caffeine, food. Drop in insulin makes u feel better. Energy expenditure make u feel good. Insulin blocks Leptin signaling. min47 alcohol&liver fat. 1h32 glycemic index vs load // (2011) youtu.be/kOCPyheVesM &! Bad Sugars: Addictive & Hazardous to ur Health (2013) youtu.be/aXlL7yWtAAg
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june 2015 by asterisk2a
Scotland's growth engine lacks oil - BBC News
New jobs are being created, but nothing like as fast as in England. The net growth has been almost entirely in female employment over last year. That's been welcomed. But it suggests something's going wrong for men, without it being clear precisely what that is. As often noted, the quality of jobs remains a problem - zero hours, temporary, part-time, skills underused and many wanting to work more hours than they can get. And the ITEM Club returns to concerns that some sectors face skill shortages, which could push up pay for some without it being backed by higher productivity.
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june 2015 by asterisk2a
Imports to keep the lights on - BBC News
low energy prices are a competitive advantage in the western world. period. // "The evidence reflects a lot of progress made on closing down the risk that the lights could go out, with next winter being the riskiest of all, and the problem of tight capacity margins persisting at least until 2018."
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june 2015 by asterisk2a
Extreme austerity a political choice not economic necessity (UK)
has lots of papers on // "Extreme austerity a political choice not economic necessity." (UK) // "We are all in this together." Conservatives and LibDems >> &! http://www.theguardian.com/politics/2015/may/05/uk-living-standards-fell-for-all-but-the-richest-under-coalition-analysis &! http://www.theguardian.com/news/datablog/2012/may/22/social-mobility-data-charts &! http://www.bbc.co.uk/news/education-24566926 //
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may 2015 by asterisk2a
Britain needs a real manifesto for growth | Business | The Guardian
There is a chronic shortage of supply in transport, energy and housing. Roads, rails and airports are clogged; we are in danger of the lights going out due to low electricity capacity and pathetic rates of house building have generated stratospheric prices. Building infrastructure produces permanent economic gain, but provokes temporary political pain. Nimbies object to disruption and we have been reluctant to compensate them properly. So it’s no surprise that people use the archaic planning system to block and delay investment projects. Politicians find it easier to prevaricate and reverse their predecessors’ decisions and set up ad hoc celebrity reviews (e.g. the coalition’s bottling out of Heathrow expansion). When the time comes for spending cuts, investment is first on the chopping block because the economic bruises only come out years later. Political short-termism is mirrored by corporate myopia which holds back innovation. There remains a lack of competition in banking. ...
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may 2015 by asterisk2a
Macroeconomics Causes of Inequality - YouTube
"consumption drives much of the economy" // free up disposable income >> free child care, health care, limit exploitation of financial illiterate people (% interest on pay day loans, overdraft charges, dispo), public services, social services, pension contribution by state (preventing poverty at old age), tax credits for low income and children and carers, free education and vocational education/continual education - enabling to move up the ladder, // min11 - secular stagnation post GFC compared to previous recessions in terms of real household demand (balance sheet recession, debt overhang, deleveraging (debt repayment), and lack of new issuance of consumer credit I guess, too + rising income equality! lower redistribution from top to bottom (fair taxation) reduces recycling of income (freed up by policy items above) into demand. // min 18 - top 5% society (luxury, vanity, status) takes over bottom 80% society in aggregate terms of consumption. Economy driven by WHOM?! Affluent!
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may 2015 by asterisk2a
An election that really matters - BBC News
Naturally, wearing my economic editor's hat, I can be sad that there hasn't been more explicit debate on the wealth-creating imperatives of boosting lacklustre productivity, reducing record personal debts and re-engineering our corporate sector to cope with the Ubers and the indomitable new sharing economy. But the issues that are on the table are huge, arguably the most important of my political lifetime. The choice between whether to have a referendum on membership of the European Union (EU) - offered by Tories and UKIP, declined by Labour, LibDem and SNP - is massive. // &! http://www.bbc.co.uk/news/election-2015-32605228 Conservatives and Labour are Crossdressing
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may 2015 by asterisk2a
Eurokrise ǀ Die ökonomischen Irrwege der Angela M. — der Freitag
Die Agenda 2010 - ein Name wie Donnerhall - ist bis heute eines der umstrittensten Projekte der rot-grünen Bundesregierung, denn sie war faktisch ein flächendeckendes Lohnsenkungsprogramm, indem die Lohnansprüche der Arbeitnehmer durch Hartz IV, Leiharbeit, Werkverträge u.ä. rapide gedrückt wurden. Und es ist geglückt: bis 2013 sind die Reallöhne bundesweit gesunken oder stagnierten trotz positiver Produktivitätsentwicklung. Angela Merkel versucht nun schon seit 5 Jahren, um jeden Preis das deutsche Modell der Lohnsenkung durch die Agenda 2010 auf ganz Europa zu übertragen, passender Weise mit der SPD. Sie wird scheitern. Aber nicht auf ihre Kosten, sondern auf de Kosten anderer, denn es gilt ein einfacher ökonomischer Mechanismus: Keine Nachfrage und Investitionen - Keine Wirtschaftsleistung - Keine Steuereinnahmen - Kein Schuldendienst. Diese Logik ist einfacher als eine schriftliche Division, zur Kenntnis scheint sie in Deutschland trotzdem nicht genommen zu werden.
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may 2015 by asterisk2a
Malcolm Gladwell on overcoming life's obstacles - YouTube
> class sizes of 30 detrimental. keep it 25 or below, down to 20. UK class size trend up, now about ~29-32, because of lack of investment. Just look at the class sizes for the Privileged/Ivy League - not 30! Their education is surrounded around learning/reading by yourself and then discussing/debating/asking questions to teacher, not bulimic sterile learning.
social  mobility  income  mobility  UK  education  policy  class  size  productivity  output  gap  No  Representation  austerity  GDP  Makers  short-term  thinking  short-term  view  general  election  2015  Gini  coefficient  Establishment  Privileged 
april 2015 by asterisk2a
We Are All Venture Capitalists Now | TechCrunch
In Mediocristan, you work fixed hours for a fixed wage. In Extremistan, success is enormously lucrative, but failure is far more common … and, for artists, condemns you to a life of grinding poverty and/or working outside of your chosen field. Of course tech startups also live in Extremistan. So too does venture capital itself, a meta-tournament of picking winners, in which enough money is (hopefully) made from the few big hits to outweigh the inevitable failures– –and so too will we all, soon enough. I’ve argued before that, because software is eating the world, “technology is slowly dragging us all, economically, away from Mediocristan and into Extremistan.” The power of software is such that it gives ever-smaller numbers of people ever-greater leverage. Meanwhile, much of yesterday’s rote Mediocristan work can and will be automated tomorrow. As a result, our economies are moving (slowly, in fits and starts) to a power-law Extremistan future. [ Seth Godin "be remarkable" ]
Venture  Capital  Software  Is  Eating  The  World  Future  of  Work  Mobile  Creatives  Mobile  Creative  Robotics  automation  squeezed  middle  class  working  poor  precarious  Precariat  3D  printing  algorithm  marketplace  marketplace  efficiencies  Share  Economy  shareholder  value  Wall  Street  profit  maximisation  Services  Industry  Niedriglohnsektor  service  service  Sector  Jobs  on-demand  convenience  Gini  coefficient  social  mobility  income  mobility  Universal  Basic  meritocracy  meritocratic  American  Dream  self-employment  contractor  Zero  Hour  Contract  Zeitarbeit  STEM  Germany  Western  World  secular  stagnation  globalisation  globalization  flat  borderless  freelancing  freelance  competitive  competitiveness  competition  education  policy  Career  Politicians  protectionism  Makers  policy  folly  policy  error  No  Representation  volatility  complexity  uncertainty  Super  Rich  1%  Extremistan  tournament  ivyleague  Privileged  Establishment  welfare  welfare  state  social  safety  net  USA  UK  productivity  output  gap  GFC  Silicon  Valley  Angel  Investor  Seth  Godin  sethgodin  differentiate  differentiation  entrepreneurial  entrepreneurship  entrepr 
april 2015 by asterisk2a
Solving the productivity puzzle - BBC News
UK productivity growth (as measured by output per hour worked) has been exceptionally weak since 2008. Productivity growth has actually been weak across the developed economies since the Great Recession but especially so in the UK. Beyond those facts though, there is little agreement. The talk is instead of a "productivity puzzle": solving that puzzle is the key to both a lower government deficit and to higher living standards. [...] [I]t could be that the nature of Britain's recovery explains the low productivity growth. Rather than lower productivity leading to lower real wages (as companies cannot afford to increase pay), it may be that lower real wages have encouraged firms to hire workers rather than investing in new equipment. This could have lowered productivity. [...] Much of it feels more traditionally "sociological" than "economic". // 2nd Industrial Revolution - Software is Eating the World, Self-Employment, contractors, Zero Hour Contracts, etc. &! bit.ly/1aRi7Bw
productivity  output  gap  recovery  GFC  Western  World  UK  Service  Sector  Jobs  Services  Industry  Share  Economy  STEM  Niedriglohnsektor  Manufacturing  Industrial  Revolution  policy  Robotics  deflationary  secular  stagnation  OECD  economic  history  equity  bubble  bond  bubble  ZIRP  NIRP  QE  business  investment  business  confidence  austerity  fiscal  policy  sovereign  debt  crisis  monetary  policy  algorithm  automation  Software  Is  Eating  The  World  borderless  flat  globalisation  globalization  competitive  Europe  USA  China  Asia  BRIC  Russia  Latin  America  digital  precarious  work  working  poor  poverty  squeezed  middle  class  coldprogression  cold  progression  tax  evasion  tax  avoidance  Super  Rich  productive  investment  1%  speculative  bubbles  liquidity  trap  debtoverhang  zombie  corporations  zombie  banks  zombie  consumer  property  bubble  demographic  bubble  complexity  incomplete  information  lost  decade  lost  generation  Abenomics  Japan  uncertainty  distrust  No  Representation  Career  Politicians  trust  trustagent  policy  folly  Wall  Street  shareholder  value  profit  maximisation  academia  sociology  sentiment  consumer  confidence  fear  anxiety  status  anxiety  crony  capitalism  social  co 
april 2015 by asterisk2a
Inside Out London - The Great Property Race
London, one of the most expensive places on earth to live. // Inside Out London - The Great Property Race - Mark Jordan joins first-time buyers and cash-rich Chinese investors as they race to buy homes in the capital's fast, furious and often cruel market. >> London-mania, speculation, ASIAN individual investors leave flats empty & sell them again after 12-18m after much appreciation of value. Buying just based on the prospect & not one stone put down or even speculating on green fields planning permission 5 years down the road. Insane. // &! Existing owners building owners are in a Millionaire Basement Wars - bbc.co.uk/programmes/b05r86yg // Think about all that money being invested long-term into productive investments (STEM) creating current & future opportunity. Lowering the output & productivity gap of UK! Once, a high rise is finished, there are no jobs there that generate tax income from revenue/profit generation - that of a worker or company of the 21st century.
speculative  bubbles  Super  Rich  1%  London  London  Start-up  Scene  distortion  ZIRP  NIRP  hunt  for  yield  QE  secular  stagnation  savings  glut  incomplete  information  economic  history  liquidity  trap  asset  bubble  Wall  Street  ASIA  affordable  housing  property  bubble  UK  Betongold  Beton  Gold  bond  bubble  debt  bubble  zombie  corporations  zombie  banks  productive  investment  macroprudential  policy  BOE  BOJ  Private  Equity  symptom  unintended  consequences  recovery  productivity  output  gap  STEM  Future  of  Work  Mobile  Creatives  Mobile  Creative  Makers  short-term  thinking  short-term  view  policy  folly  policy  error  No  Representation  Career  Politicians  borderless  globalisation  globalization  flat  world  job  creation  research  human  progress  Philosophy  status  anxiety  superficial 
april 2015 by asterisk2a
Deutschlands Handelsbilanz: Die Probleme einer Exportnation - SPIEGEL ONLINE
In Deutschland wird zu wenig investiert, zugleich spielen wir bei den Exporten bald in unserer eigenen Liga. Die Unternehmenslobby fordert eine Senkung der Lohnkosten. Doch genau das Gegenteil wäre die richtige Lösung. // &! Müllers Memo: Der Kapitalismus funktioniert nicht mehr - Die Weltwirtschaft leidet immer noch stark unter den Folgen der Krise von 2008. Der Hauptgrund: Die Unternehmen investieren viel weniger als früher.
business  confidence  trustagent  trust  GFC  recovery  deleveraging  global  imbalances  balance  sheet  recession  debtoverhang  sovereign  debt  crisis  PIGS  Europe  ECB  economic  history  IMF  austerity  OECD  business  investment  productive  investment  productivity  output  gap  UK  Wall  Street  Germany  France  infrastructure  investment  BRIC  Asia  Latin  America  borderless  globalisation  flat  world  globalization  savings  glut  ZIRP  NIRP  QE  hunt  for  yield  bond  bubble  debt  bubble  unintended  consequences  Taper  USA  Fed  BOE  Abenomics  BOJ  lost  decade  lost  generation  youth  unemployment  precarious  work  Precariat  Service  Sector  Jobs  Share  Economy  Services  Industry  Industrial  Revolution  Future  of  Software  Is  Eating  The  automation  Robotics  AI  artificial  intelligence  augmented  intelligence  algorithm  Super  Rich  1%  middle  class  squeezed  middle  class  living  wage  working  poor  Exportweltmeister  crony  capitalism  exploitation  lobby  Lobbying  lobbyist  Career  Politicians  No  Representation  consumer  confidence  demographic  bubble  zombie  corporations  zombie  banks  zombie  consumer  secular  stagnation  structural  imbalance  Impediments  faultlines 
april 2015 by asterisk2a
If The UK Economy Is Doing So Well, Why Does It Feel So Bad? — Bull Market — Medium
( http://www.bbc.co.uk/news/business-32163541 ) Certainly in the case of the UK, productivity growth (the ultimate driver of higher living standards) has been exceptionally weak. And even if the UK is an exceptional case, productivity weakness has been widespread globally - as Bank of England Monetary Policy Committee member Martin Weale has recently argued. As Karl Whelan has argued, there are reasons to worry that this reflects a longer term trend rather than just a hang-over from the financial crisis. In other words, if we are trying to explain weak growth we may need to pay as much attention to the supply side of the economy as the demand side. [...] Professor Summers, his broader secular stagnation thesis does take into account supply side factors which have reduced the desired rate of investment. [...] the political debate on the economy suffers from an illusion of control. [ gov bonds are no uber productive investments ]
UK  recovery  output  gap  productivity  GFC  Software  Is  Eating  The  World  marketplace  efficiencies  Robotics  outsourcing  offshoring  contractor  borderless  globalisation  flat  deflationary  globalization  competitiveness  competition  competitive  STEM  education  policy  apprenticeships  Makers  short-term  thinking  short-term  view  austerity  social  mobility  income  mobility  Gini  coefficient  inequality  Career  Politicians  No  Representation  Structural  Impediments  imbalance  savings  glut  ZIRP  QE  NIRP  hunt  for  yield  bond  bubble  productive  investment  marginal  cost  economics  of  abundance 
april 2015 by asterisk2a
Teachers to vote on calls for school funding strike - BBC News
The National Union of Teachers says schools could face "terrible cuts" if the next government does not protect them from rising financial pressures. Labour, Conservatives and Lib Dems have pledged to protect school cash. But rises in pay, pensions and national insurance contributions will place extra pressures on school budgets along with rising pupil numbers. The Institute of Fiscal Studies has estimated that even with these pledges to protect spending at current levels, rising costs will mean schools could face up to a 12% shortfall on their budgets over the next five years. [ // cuts will show 10 years down the line when freshers are not on par w university basic requirements, which drag along their path of education and emplyment ... meaning a on aggregate lower productivity and continued output gap since 2008 gfc bc STEM & high tech manufacturing and production and research jobs go abroad where the ambitious hard-working talent glut is ]
UK  education  policy  austerity  Social  Services  Public  Services  welfare  state  No  Representation  Career  Politicians  short-term  thinking  short-term  view  productivity  output  gap 
april 2015 by asterisk2a
Jahresbericht: OECD warnt vor lang anhaltender Stagnation - SPIEGEL ONLINE
OECD-weit setzten die Regierungen vor allem auf bildungs- und arbeitsmarktpolitische Maßnahmen. Sichtbare Erfolge konstatiert der Bericht bei der Reform von Programmen zur Arbeitslosenunterstützung, im Umbau der Rentensysteme und bei der Produktmarktregulierung. Die Steigerung der Arbeitsproduktivität bleibe eine der wichtigsten Voraussetzungen für langfristiges Wachstum. Daher sollten weiterhin vor allem jene Reformen im Fokus stehen, die Fähigkeiten und Qualifikationen fördern, auf denen wissensbasierte Gesellschaften aufbauen, empfehlen die Studienautoren. Ebenso wichtig sei es, die Bildungssysteme so zu gestalten, dass niemand außen vor bleibt.
OECD  liberal  economic  reform  education  policy  Future  of  Work  productivity  output  gap  GFC  Mobile  Creative  Mobile  Creatives  Software  Is  Eating  The  World  Robotics  automation  algorithm  Share  Economy  marketplace  efficiencies  marketplace  Universal  Basic  Income  hartz-iv  poverty  in  old  age  child  poverty  poverty  food  poverty  inequality  inequality  social  mobility  mobility  downward  mobility  Gini  coefficient  Super  Rich  1%  tax  evasion  tax  avoidance  fairness  Europe  UK  USA  Germany  borderless  globalization  globalisation  competitive  advantage  competitiveness  competition  competitive  youth  unemployment  lost  decade  lost  generation  working  poor  squeezed  middle  class  Precariat  precarious  Proletariat  democracy  No  Representation  Career  Politicians  Lobbying  lobbyist  lobby  Wall  Street  shareholder  value  short-term  thinking  short-term  view  policy  folly  policy  error  secular  stagnation  stagnation  stagflation  sovereign  debt  crisis  austerity  economic  history  Industrial  Revolution  underemployed  Soziale  Marktwirtschaft 
february 2015 by asterisk2a
BBC News - 'Colossal' spending cuts to come, warns IFS
Current Austerity focus is running UK economy into the ground. Not towards the futures. Yes to cut waste. Yes to trim here and there. But there is no sight of investment into the future; ie pushing apprenticeships and industrial (STEM, research) practical skill set (dual college & university courses modelled after Germany), living wage, reduction on reliance on service sector and consumption. There is no inspiration. No future in his head. Just managing the status quo. Moving the pieces. Just like any other career politician. &! http://www.bbc.co.uk/news/business-30318870
austerity  George  Osborne  general  election  2015  UK  recovery  education  policy  Year  of  Code  Software  Is  Eating  The  World  industrial  policy  fairness  Gerechtigkeit  tax  avoidance  tax  evasion  Toff  Establishment  No  Representation  Super  Rich  Privileged  1%  tax  free  income  disposable  income  productivity  output  gap  liquidity  trap  zombie  consumer  zombie  corporations  zombie  banks  monetary  transmission  mechanism  sovereign  debt  crisis  Super  Cycle  living  wage  working  poor  child  poverty  food  poverty  poverty  public  health  policy  public  health  sick  population  NHS  practical  skills  practical  skill  set  STEM  apprenticeships  un-college  education  bubble  Liberal  Arts  democracy  Democratic  Process  Career  Politicians  Makers  policy  error  policy  folly  GFC  debtoverhang  deleveraging  flat  globalisation  globalization  competitive  competitiveness  comparative  advantage  Mobile  Creative  Mobile  Creatives  war  for  talent 
december 2014 by asterisk2a
Autumn Statement 2014: Osborne's Cuts 'Will See Public Spending Fall To Lowest Level In 80 Years'
Tony Dolphin, senior economist at the Institute for Public Policy and Research, warned that Osborne's planned cuts were "implausible". "Given the scale of cuts in the public sector, [the OBR] can only make its growth forecast add up by assuming that consumer demand is boosted by households taking on more debt - and at an unprecedented pace. "Extraordinarily, the OBR thinks that by 2019 the household sector will have a financial deficit twice as big as in 2007 and 2008 when the financial crisis hit. As result, the household debt-to-income ratio is forecast 2 rise beyond its pre-crisis peak 2 over 180%. "This is pretty implausible. If the next government tries 2 follow the deficit reduction path set out in the Autumn Statement, it can only succeed in the short-term because the household sector takes on debt @ a faster pace than it did before the financial crisis. [this warning was heeded some years ago alrdy that consumer&corp would have to take on debt to spend to keep GDP # up!!!]
austerity  UK  George  Osborne  economic  history  David  Cameron  general  election  2015  fairness  Liberal  Democrats  Conservative  Party  Labour  Party  Super  Rich  1%  Privileged  Establishment  No  Representation  Toff  fiscal  policy  Democratic  Process  democracy  tax  free  income  Budget  Gerechtigkeit  Gini  coefficient  income  inequality  compromise  Career  Politicians  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  economics  market  tax  evasion  tax  avoidance  GDP  economic  growth  zombie  corporations 
december 2014 by asterisk2a
David Blanchflower: Do not be fooled – growth and living standards under the Coalition have still been abysmal - David Blanchflower - Business Comment - The Independent
Over the entire six-year period [ 2009 - 2013] real earnings in the UK fell by 6.5 per cent, and by 5.9 per cent between 2010 and 2012, and only Greece (minus 23 per cent) was lower. Real earnings growth was positive over this entire period in France (+5 per cent); Germany (+4 per cent); Japan (+1 per cent) and the US (+1 per cent).
greatrecession  UK  GFC  output  gap  productivity  stagflation  secular  stagnation  austerity  fiscal  policy  monetary  policy  Funding  for  Lending  Scheme  monetary  transmission  mechanism  property  bubble  indusrty  London  finance  zombie  banks  zombie  consumer  sovereign  debt  crisis  debtoverhang  deleveraging  balance  sheet  recession  lost  decade  lost  generation  George  Osborne  David  Cameron  No  Representation  Help  to  Buy  Scheme  Supply  and  Demand  Demand  and  Supply  living  standard  working  poor  squeezed  middle  class  class  warfare  Toff  private  education  OECD  BOE  unconventional  monetary  policy  macroprudential  policy  education  policy  Public  economies  of  agglomeration  economic  history  Mark  Carney 
september 2014 by asterisk2a

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