asterisk2a + safety + rich   58

Stocks are up. But it appears to us that the U.S. economy is going down. Go figure.
velocity is at 57yr low - WOW! the money that is in circulation is in less hands! the econ expanded according to GDP, but less and less $ reach on avg each hand. - "This is serious. The velocity of money tracks how often each dollar is used to buy something in the economy. Falling velocity shows that consumers and business are pulling back… becoming more reluctant to spend and invest… downsizing… and holding onto dollars rather than spending them. This has a similar effect as reducing the supply of money bidding for goods and services. Prices drop. Deflation, in other words. The bubble has developed a leak. The hot air is gushing out." //&! bit.ly/1MOxc9A //&! research.stlouisfed.org/fred2/series/M2V &! pieria.co.uk/articles/getting_things_wrong_federal_reserve_style - it is associated with stagnant NGDP [...] demand problem.
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april 2016 by asterisk2a
Is Stephen Crabb the man to tackle this age of extreme inequality?
The Panama Papers will lead to the dynamiting of Tory credibility, but new work and pensions secretary, Stephen Crabb, is unlikely to prove the saviour of his party’s reputation. [...] Last autumn’s U-turn over cuts to working tax credits was a smoke screen. The axe will fall, only not everywhere, not just yet. From this week, existing universal credit claimants will lose up to £220 a month as the work allowance is pared back faster than the national living wage increases to replace it. [...] Short of taking a vow of poverty and retreating like Charles V to a monastery, there is nothing he can say now that will change the perception that he is at the head of a party that has a fundamental personal interest in preserving the advantages of the 1%.
Stephen  Crabb  nasty  party  tax  credit  Universal  Iain  Duncan  Smith  welfare  reform  welfare  state  poverty  trap  poverty  child  poverty  social  safety  net  sanctions  JSA  ESA  PIP  Disabled  vulnerable  mental  health  austerity  George  Osborne  David  Cameron  Tories  Conservative  Positioning  PR  spin  doctor  manufactured  consent  snap  judgement  prejudice  triple-lock  pension  Generationengerechtigkeit  fairness  bank  bailout  budget  deficit  aggregate  demand  Budget2016  budget2015  general  election  2015  election  campaign  promises  Funding  constituency  Super  Rich  oligarchy  plutocracy  Confidence  Fairy  1%  democracy  food  poverty  fuel  poverty  tax  evasion  tax  amnesty  tax  avoidance  Panama  Papers  offshore  banking  tax  loopoles  lobby  No  Representation  Career  Politicians  Gini  coefficient  inequality  social  mobility  income  mobility  deprivation  crony  capitalism  shareholder  capitalism  corporate  welfare  HMRC  revolving  door  corporate  tax  rate  capital  gains  tax  DLA  Independent  Living  Fund  Holyrood 
april 2016 by asterisk2a
Workers or Shirkers? Ian Hislop's Victorian Benefits
An entertaining, provocative film in which Ian explores the colourful history behind one of the most explosive issues of our times - welfare: who deserves to be helped, and who doesn't. [... ] all hate, no heart. just spreadsheets. at Whitehall, no 11. [...] Benefit Street = victorian freak show/circus of curiosities [...] writing about others, "othering" them. demonising them or putting them on pedestals, making them saints. [...] IDS "a single mother wo aspiration is a product of the system" would correct that, a product of her environment (society) [ie gentrification - poor living w poor door to door. and everyone is looking down on them.].
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april 2016 by asterisk2a
Piketty: EU should welcome one million immigrants a year
"The European Union has the capacity to absorb a large flow of migrants, one million per year in terms of inflow net of outflow," he said.
"This is exactly what we had between 2000 and 2010 and this was working in the sense that unemployment was being reduced.
"The problem is - with the austerity policies and with the recession - now we are in a situation where it's very difficult in particular with southern Europe, with the terrible economic situation that we have created there in particular." [...] The population of the EU has only risen by 0.2% a year since 1995, he argues, compared to 1.2% for the world's population over the same period.
According to Eurostat, the official statistical arm of the European Commission, a total of 3.4 million people came to the EU during 2013. Some 2.8 million left, leaving a net immigration figure of around 600,000. [S]low growth [...] exacerbated not just by a lack of immigration but also by austerity policies aimed at reducing public expenditure. [EU in recession 2011 forward]
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april 2016 by asterisk2a
Why Everyone Must Get Ready For The 4th Industrial Revolution
For example, as automation increases, computers and machines will replace workers across a vast spectrum of industries, from drivers to accountants and estate agents to insurance agents. By one estimate, as many as 47 percent of U.S. jobs are at risk from automation. Many experts suggest that the fourth industrial revolution will benefit the rich much more than the poor, especially as low-skill, low-wage jobs disappear in favor of automation.

But this isn’t new. Historically, industrial revolutions have always begun with greater inequality followed by periods of political and institutional change. The industrial revolution that began at the beginning of the 19th century originally led to a huge polarization of wealth and power, before being followed by nearly 100 years of change including the spread of democracy, trade unions, progressive taxation and the development of social safety nets.
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april 2016 by asterisk2a
Discussing the IMF’s research on inequality - an interview with Andrew Berg
Inequality and Unsustainable Growth (2011) - imf.org/external/pubs/ft/sdn/2011/sdn1108.pdf - what are the determinants of sustained growth (answer a middle class). phases of growth. institutional governance (tax evasion and tax avoidance). lobby, revolving door, no representation, career politicians. [...] redistribution should have win-win effect. //&! Richard Wilkinson: How economic inequality harms societies - youtu.be/cZ7LzE3u7Bw - national income per head (average) is not reflective (correlates) for health and child well-being measures, social capital (volunteering, Tories Big Society), mental health, prison population, social mobility. that is why Tories redefined fuel poverty & child poverty! That is why nominal GDP targeting is double edge sword (tax evasion and average national income per head, and being dependent on a industry for GDP (ie Brazil and resources, or south UK and banking - 80% of 2015 growth was consumtion). Leads to status anxiety & materialism/
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april 2016 by asterisk2a
'Graph of Doom' warning to Highland councillors
deprived areas have low tax base to fund welfare and social care, and w demographic bubble, less income tax receipts. this is a double whammy to fund demand of babyboomers. // In a paper to councillors, officers quote research such as a London borough council's "Graph of Doom" showing the effect of spending cuts on services.
The Highland officials also make reference to political commentators describing a period of "perma-austerity" for local government.
They recommend that the council reviews its priorities.
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march 2016 by asterisk2a
Why Hillary Clinton’s ‘super-predator’ concession is such a big moment for political protest - The Washington Post
Clinton’s 1996 speech included some language about these so-called super-predators implying that they were a generation of guilt- and compassion-free sociopaths who, in the interest of society, simply had to be contained. [...] Clinton seemed audibly and visibly irritated, saying she would answer if allowed to speak and then, even more notably, “that no one had ever asked her that before.” Then, Clinton essentially moved on with her regularly scheduled fundraising program. There was no accounting, partial or full, for her 1996 position nor how she arrived at her 2016 stance on criminal justice reform. Moving on. [...] Clinton decided to offer an apology for using that “super-predator” and “brought to heel” language. In the 1990s both were part of a relatively popular but now largely discredited theory about rising youth crime. [ tough on crime was] effective tactic with white voters, because in the [US] there are a whole host of persistent stereotypes abt race & criminality.
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february 2016 by asterisk2a
British people think their media is the most biased and right-wing in Europe - and they're probably right | Voices | The Independent
Just two individuals - Rupert Murdoch and Lord Rothermere - controlled a staggering 52.2 per cent of online and print national news publications in the UK in 2013 [...] All of these newspapers either backed the Conservatives or Ukip in the most recent election and are all considered traditional right-wing publications. If you add up the readership of these right-wing newspapers, they account for a staggering 69 per cent of national newspaper readership in Britain in 2013. Left Foot Forward concluded their analysis by stating that “over three quarters (77.8 per cent) of the press is owned by a handful of billionaires.”
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february 2016 by asterisk2a
TWiST - E622 by TWiStartups
when displaced through technology "labour will find eventually more productive uses." // creative cognitive non-repetitive work is safe // more bounty // have to have social safety net! general welfare "complex issue" to tax the 1% for that ... // 40:50 Pakistan, Drone Warfare, one hand does x other hand does y ... see PBS Frontline on Iraq war. Also Fahrenheit 9/11. Cablegate. harbouring taliban, al-quaida, refuge and supplying them.
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february 2016 by asterisk2a
Politicking: Matt Taibbi on America's 'Injustice System' - YouTube
worship culture of success. [...] jail is for poor people. [...] securities fraud go jail free w fine, and do benefit/welfare fraud, go straight to jail! // For Profit Bail System - on YouTube Vice Channel. //&! Matt Taibbi, "The Divide" - youtu.be/k4CohXkdR0w //&! Matt Taibbi: Minding the Wealth Gap - youtu.be/KiRe1PK3zkM //&! Too Big To Fail, Too Big To Jail: Matt Taibbi, Bernie Sanders Town Hall 2013 - youtu.be/d-nh8DYJvlM //&! Matt Taibbi: The Conspiracy To Destroy Our Pensions - youtu.be/ZIDfyfXDGME //&! Matt Taibbi explores US criminal injustice with Bill Maher - youtu.be/uS9LHBPTM7A //&! The Divide: American Injustice in the Age of the Wealth Gap (w/ Matt Taibbi) - youtu.be/iFl-o7qJHaY
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february 2016 by asterisk2a
More Evidence Supporting the House of Debt | House of Debt
Many have argued that we overstate the importance of housing and household debt in explaining the Great Recession and weak recovery. They point to the banking crisis, policy uncertainty, or excessive regulation as equally or even more important. The data released today by the BEA show pretty clearly that the arguments we make in House of Debt remain relevant for thinking about economic weakness today. In our view, the explanation we provide is the most consistent with the striking difference in consumption across states. // From Comments: Without real median income rising you can’t grow in an economy based on debt expansion
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february 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
Insatiability, and the 15-hour week - YouTube
// book wealth of nations //&! Prof Lord Robert Skidelsky - How Much is Enough? The Economics of the Good Life - youtu.be/yeWz5Cg_BD4 //&! Guaranteed Employment & Basic Income - youtu.be/2W1ShSG1X6k //&! Why the precariat requires a basic income (Prof. Guy Standing) (ENG) - youtu.be/4WaA8zqjBSk //&! The Precariat: The new dangerous class - Sydney Ideas - youtu.be/-jJt-5i_dls
book  Robert  Skidelsky  income  distribution  GDP  nominal  GDP  targeting  macroeconomic  policy  happiness  index  microeconomic  policy  4-day  work  week  6-hour  work  day  economic  history  well  being  public  health  policy  public  health  leisure  time  work  life  balance  burnout  western  society  western  world  secular  stagnation  life  hacker  life  lesson  inequality  Gini  coefficient  wealth  distribution  tax  evasion  tax  avoidance  social  democracy  No  Representation  democracy  welfare  state  social  safety  net  minimum  wage  Universal  Basic  Thomas  Piketty  precarious  work  Precariat  working  poor  poverty  in  old  age  poverty  UK  USA  Europe  transferring-wealth  wealth-distribution  trickle-down  economics  neoliberalism  neoliberal  Super  Rich  1%  plutocracy  oligarchy  Greed  zombie  consumer  consumerism  consumerist  status  anxiety  Selbstdarstellung  Selbstfürsorge  sociology  philosophy  Aristotle  low  income  tax  free  income  income  redistribution  income  inequality 
january 2016 by asterisk2a
Woman sobs while describing life on minimum wage to Bernie Sanders – video | US news | The Guardian
A woman in the audience of a Bernie Sanders rally in Iowa Falls, Iowa, breaks down while describing what it’s like to live on minimum wage. ‘It’s really hard,’ she says. Sanders praises the woman’s bravery in speaking out, and then rallies against Republican presidential candidates calling for cuts to social security
USA  poverty  poverty  trap  Bernie  Sanders  minimum  wage  part-time  Disabled  Social  Security  welfare  state  stigma  austerity  safety  net  Food  Stamps  presidential  election  2016  income  distribution  income  redistribution  income  inequality  plutocracy  oligarchy  Super  Rich  1%  inequality  health  inequality 
january 2016 by asterisk2a
BBC iPlayer - Britain's Trillion Pound Island - Inside Cayman
20bn£/year go through tax avoidance (legal through loopholes). = 20bn austerity for next 4-5 years this parliament from 2015. and was around the same from 2010 as Tories came to power forming coalition with lib dems. // who can pay for the lawyer and lobbyist - to implement loopholes. // its the gov that lets make the rules, by lobbyists. // (New Labour) Gordon Brown cut corp tax in his time by 5% and Osborne will have it cut by further 10% points in his two parliament sittings as chancellor. "You can't compete with Zero." << Cayman Islands (no infrastructure and no educated people) - vs. - UK (with infrastructure and educated people, social safety net, pensions). // ultimately, tax laws have to be changed in the local country, not cayman islands.
UK  offshore  banking  tax  avoidance  austerity  fairness  Generationengerechtigkeit  budget  deficit  Wall  Street  shareholder  value  profit  maximisation  lobbyist  lobby  Lobbying  Tories  Conservative  Party  nasty  HMRC  revolving  door  No  Representation  democracy  social  democracy  bank  bailout  GFC  crony  capitalism  capitalism  Greed  budget2015  budget2010  non-dom  Super  Rich  1%  oligarchy  plutocracy  City  of  London  poverty  income  distribution  income  redistribution  inequality  Gini  coefficient  social  mobility  income  mobility  Policy  Makers  Career  Politicians  Westminster  Council  Public  Services  Services  constituency  babyboomers  globalization  globalisation  neoliberalism  neoliberal  tax  evasion  loopholes  welfare  state  social  safety  net  corporate  tax  rate  trickle-down  economics  George  Osborne  David  Cameron  GordonBrown  Labour  Party  borderless  accounting  scandal  white-collar  crime  corporate  scandal  corporate  crime  IMF  OECD 
january 2016 by asterisk2a
Why should Rachel Watt have to sleep in her wheelchair? | Frances Ryan | Opinion | The Guardian
This is the hidden face of Britain’s social care crisis: disabled people left without help in their own homes. Read most coverage of the cuts to social care and it is easy to believe the crisis solely affects older people. According to research by Scope, 83% of disabled people in this country are now living without sufficient hours in their care package. That means being unable to get out of the house or waiting 14 hours to go to the toilet. This is what happens when austerity strips £4.6bn from social care spending in five years. As the government squeezes local authorities, social care has been left with a “funding gap” – a gaping wound, shall we say – that is growing by £700m a year. The King’s Fund thinktank has told the Guardian that the financial prospects for Britain’s social care system in 2016 “could not be worse”. [...] The biggest trick the government can play is the myth that any of this is inevitable. [...] It is the political choice[.]
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january 2016 by asterisk2a
Why The Crash of 2016 Will Happen... - YouTube
China's Credit Bubble popped. &! Could China Trigger the Crash of 2016? - youtu.be/JRw8JgP-L0A //&! IMF: "Age of America" Will End 2016: Steve Forbes on China - youtu.be/YxCxHM5Ax_k //&! Has The Crash of 2016 Now Begun? What Can & Should Be Done? - youtu.be/JwEDvXYVE_g - Richard Wolff, austerity failed what has been promised "business confidence." Smart money unloading started in 2015. "Silly China-bashing." China has capacity (over capacity) but western world has reached its credit limit! << youtu.be/L4J_n9pTdJQ codependent. //&! youtu.be/ORRPNO2XPDA - still too much debt, austerity flaws, no income growth to serve debt and not cut back on spending (private households), China exporting deflation.
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january 2016 by asterisk2a
Becoming radicalised – and keeping a secret - BBC News
Some of these individuals identified with an organisation such as IS or al-Qaeda while others followed their own extremist beliefs and underwent a more personal form of radicalisation. [...] Still in many cases individuals are drawn to IS or other extremist groups because they're unhappy in their own lives and are looking for a cause that's bigger than themselves. "The radicalisation process has been triggered by a personal crisis - the loss of a loved one, the loss of a job," says Indiana State University's Mark Hamm, the author of The Spectacular Few, a book about extremism. "Typically there's somebody in cyberspace who shows them a way - walks them from the brink of a cliff." // brutality of society at large. enabled by forces and pillars capitalism. ie your worth as a person is defined by your net work and credit score. what education you have (thus family). //&! bit.ly/1N9qQfa
radicalization  radicalisation  ISIS  Sozialpolitik  Integrationspolitik  Perspektivlosigkeit  deprivation  society  Wertegesellschaft  crony  capitalism  Wegwerfgesellschaft  Gesellschaft  capitalism  Banlieue  immigration  migration  integration  youth  unemployment  Niall  Ferguson  Europe  austerity  fairness  Generationengerechtigkeit  bank  bailout  GFC  recovery  inequality  Gini  coefficient  Super  Rich  social  democracy  democracy  No  Representation  Career  Politicians  1%  double  standard  white-collar  crime  corporate  scandal  accounting  scandal  status  anxiety  rat  race  status  symbol  socioeconomic  status  materialism  zombie  consumer  psychology  sociology  social  mobility  income  mobility  compassion  empathy  Selbstdarstellung  Selbstfürsorge  downward  mobility  social  safety  net  hartz-iv  refugee  crisis  Rechtsruck  Rechtsextremismus  Xenophobia  post-racial  America  homophobic  Homophobia  Unrechtsstaat  western  world  racism  discrimination  ethnic  discrimination  social  discrimination  Islamophobia  hate  speech  hate  crime 
december 2015 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
Isn't Your Body More Important Than Your Home? - YouTube
'general welfare', 'collective good' //&! youtu.be/7oXPWWDgaoo - The Myths & Lies Exposed in the GOP Debate - Carly Fiorina: Crony Capitalism = Big Goverment supporting tbtf/tbtj corporations? << POSITIONING. Blaming it on Big Government, that corporations feel they need to get bigger. LOL &! RT is not only one calling out Carly Fiorina - http://crooksandliars.com/2015/10/cnn-confronts-carly-fiorina-her-factless
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october 2015 by asterisk2a
Tory MPs in 71 marginal seats at risk from cuts to tax credits | Politics | The Guardian
George Osborne has come under fresh pressure to halt controversial cuts to tax credits as new research shows that 71 Tory MPs in marginal seats could be vulnerable to a backlash from families hit by dramatic falls in their incomes. The impact of the cuts, which will leave 3.2 million families worse off by an average of £1,300 a year from next April, is already causing concern among Conservative MPs and ministers, who believe they will punish precisely the kind of working families David Cameron claims to represent. [...] The House of Commons library has found that some families could lose up to £3,000 a year if the tax credit cuts are not reversed. // &! bit.ly/1RPnKjW - With six million people not earning enough to cover the basic cost of living, tackling in-work poverty is crucial,
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october 2015 by asterisk2a
Prospect of TTIP already undermining EU food standards, say campaigners | Business | The Guardian
Opponents of Transatlantic Trade and Investment Partnership say EU negotiator has admitted to approving entry of banned goods [...] EU negotiators will resume controversial trade talks with the US on Monday amid claims that multinational companies have jumped the gun in advance of any agreement to import goods that are currently banned – including genetically modified crops and chemically washed beef – into European markets. A campaign group says that a report in a US journal concerning the Transatlantic Trade and Investment Partnership (TTIP) talks show that Europe is already capitulating to huge pressure from the US to allow imports of previously banned goods before an agreement is reached. [...] [ as always its about] lower trade barriers and boost growth. [ Trade Deals like TTIP & TPP are better for US economically than a military invasion. who is excluded? BRIC. Who didnt want to join AIIB? USA. But who did? UK & Germany. This is about economic & political power/reach/influence]
TTIP  lobbyist  lobby  Lobbying  food  safety  Consumer  Protection  Wall  Street  conglomerate  trade  agreement  free  trade  TPP  NAFTA  CETA  European  Union  self-regulation  regulation  deregulation  regulators  profit  maximisation  shareholder  value  shared  economic  interest  Career  Politicians  Policy  Makers  democracy  No  Representation  neoliberalism  neoliberal  vested  interest  interest  groups  BRIC  World  Bank  AIIB  exploitation  sustainability  sustainable  crony  capitalism  capitalism  tax  evasion  tax  avoidance  free  market  neoconservatism  neoconservatives  G  Zero  presidency  barackobama  corporate  scandal  thinktank  GMO  crop  GMO  Privatisation  austerity  UK  David  Cameron  NHS  Gini  coefficient  inequality  poverty  Developing  World  Frontier  Markets  national  interest  corporate  state  corporate  media  manufactured  consent  Polarisation  PR  spin  doctor  reframing  framing  propaganda  populism  Fear  job  security  squeezed  middle  class  secular  stagnation  Niall  Ferguson  Super  Rich  1%  Sozialer  Abstieg  Soziale  Marktwirtschaft  globalization  globalisation  borderless  global  trade  flat  trickle-down  economics  wage  stagnation  income  growth  wage  growth  low  income  job  creation  revolving  door 
october 2015 by asterisk2a
Robots are coming for your job. That might not be bad news
The problem with automation isn’t technology. The problem is capitalism. // [ Deflationary pressure, 3bn people in developing world and frontier markets unemployed, waiting to join workforce. ] [ who buys the gadgets and widgets when half the world is unemployed ] // This time, as Martin Ford argues in Rise of The Robots, education and upscaling won’t help us. There will simply be fewer jobs to go around, as everything from accountancy to journalism will be done faster, cheaper and more efficiently by machines. The result, as Jerry Kaplan agrees in Humans Need Not Apply, is that billions will be left destitute – unless we radically rethink our way of keeping people fed.
Software  Is  Eating  The  World  Robotics  automation  Marketplace  efficiencies  commodity  business  commoditization  mobile  homescreen  capitalism  Gini  coefficient  income  distribution  Super  Rich  Commanding  Heights  1%  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  Creatives  Creative  freelancing  freelance  Universal  Basic  corporate  welfare  welfare  state  social  safety  net  tax  free  income  Zero  Hour  Contract  Contractor  job  creation  6-hour  work  day  4-day  work  week  Robert  Skidelsky  leisure  time  burnout  chronic  stress  deflationary  technological  history  technological  progress  secular  stagnation  Niall  Ferguson  crony  capitalism  exploitation  lobbyist  lobby  Lobbying  inequality  income  inequality  capital  gains  tax  capital  gains  democracy  precarious  work  Precariat  working  poor  low  income  low  pay  globalisation  globalization  flat  borderless  free  trade  trade  agreement  TTIP  TPP  TISA  squeezed  middle  class  Sozialer  Abstieg  Soziale  Marktwirtschaft  Sozialpolitik  worklife  Future  of  Workers  Union  underemployed  Thomas  Piketty  Robert  Reich  Joseph  Stiglitz  part-time  job  security  job  market  labour  economics  labour  market  Minijob  book  Policy  Makers  revolving  door  social  social  social  tax  economics  of 
october 2015 by asterisk2a
Iain Duncan Smith calls people without a disability "normal"
The art of cruelty: why the Conservative attack on disabled people harms us all. No sick person responds to their diagnosis by thinking, “I can scam taxpayers for £73 a week!” [...] Not only is in-work poverty a larger drain on the benefits system than the unemployed, but most of the things that help disabled people get back to work have been cut. [...] They got away with this by launching an all-out propaganda assault that portrays disabled and workless people as “scroungers”, “sponging” off the state, when presumably they should be grateful not to be left on a hillside to die as would have been done in the good old days. [...] This is Tory Britain. [...] The welfare state is being dismantled and rebuilt as a machine to manage and discipline the workforce into accepting precarious labour, low pay and no social safety net. [...] this way the Tories can persuade the most vulnerable in society to accept their fate and the rest of us to believe that they deserve it. [...] moral hazard
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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
The Billionaire Hypocrisy of Helping the Poor - YouTube
We're reminded every day of the kindness of the billionaire class - and the millions they spend on charity in American and around the world. But the fact is - Americans wouldn't need the charity - if they just had good-paying jobs.
trickle-down  economics  neoliberalism  neoliberal  job  creation  labour  market  USA  Gini  coefficient  tax  code  corporate  tax  rate  tax  evasion  tax  avoidance  Wall  Street  globalization  globalisation  free  trade  Service  Sector  Jobs  conglomerate  competitiveness  competition  competitive  wage  stagnation  income  growth  Middle  Class  squeezed  Sozialer  Abstieg  income  distribution  disposable  income  discretionary  spending  inequality  American  Dream  NAFTA  TTIP  TPP  philanthropy  TISA  Super  Rich  1%  Niedriglohnsektor  job  security  social  mobility  income  mobility  economic  history  Union  Workers  Union  self-regulation  regulation  deregulation  regulators  lobbyist  profit  maximisation  shareholder  value  lobby  Lobbying  income  inequality  welfare  state  social  safety  net  precarious  work  Precariat  working  poor  outsourcing  Manufacturing  China  Gesellschaft  society  Policy  Makers  Zero  Hour  Contract  part-time  underemployed  unemployment  long-term  unemployment  youth  unemployment  structural  unemployment  secular  stagnation  Niall  Ferguson 
october 2015 by asterisk2a
Protestbewegungen in Europa: Die Lust auf Links - SPIEGEL ONLINE
Sex, Job, Geld: In Kernbereichen des Lebens fühlen sich immer mehr Menschen überfordert. Während im Politikbetrieb neoliberale Konzepte dominieren, wächst die Anhängerschaft linker Ideen - in der Hoffnung auf ein würdiges Leben.
neoliberalism  neoliberal  austerity  neoconservatism  neoconservatives  lefty  crony  capitalism  lobbyist  lobby  Lobbying  revolving  door  Jeremy  Corbyn  inequality  Gini  coefficient  social  mobility  Super  Rich  1%  income  mobility  downward  mobility  welfare  state  social  safety  net  education  policy  squeezed  middle  class  babyboomers  precarious  work  Precariat  working  poor  job  security  Zero  Hour  Contract  job  market  globalization  global  trade  globalisation  global  economy  borderless  flat  world  Career  Politicians  No  Representation  social  Generationengerechtigkeit  fairness  bank  bailout  banking  crisis  capitalism  Wall  Street  shareholder  value  shared  economic  interest  profit  maximisation  mainstreet.org  Union  Workers  Union  political  economy  economic  history  trickle-down  economics  tax  evasion  tax  avoidance  manufactured  consent  Lügenpresse  corporate  media  corporate  state  Polarisation  GFC  Europe  UK  USA  Germany  refugee  crisis  reflate  reflation  recovery  equity  bubble  QE  ZIRP  NIRP  property  bubble  speculative  bubbles  asset  bubble 
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
Vince Cable: Osborne is cynical but will be next prime minister | Politics | The Guardian
“Some of the greatest pressure came on Iain Duncan Smith at the Department for Work and Pensions, whose poor, disabled, unemployed and otherwise vulnerable clients were seen as easy targets for cuts. “IDS was a significant figure, and a fundamentally decent man, but he spent much of his time fighting off pubescent advisers and Treasury officials with cruel ideas for saving money.” [ // they are not the majority of voteres, that vote tories, and thus him, into office at the next election. the poor, vulnerable. disables are not his constituency he has to bank on to follow after David Cameron. ]
austerity  welfare  state  Opportunism  opportunist  babyboomers  vulnerable  Disabled  DWP  Iain  Duncan  Smith  George  Osborne  Tories  Gesellschaft  fairness  Generationengerechtigkeit  general  election  2015  election  campaign  promises  budget2015  Career  Politicians  No  Representation  neoliberalism  neoliberal  dogma  ideology  Privatisation  UK  short-term  thinking  short-term  view  policy  error  voter  turnout  apathy  corporate  tax  rate  capital  gains  tax  tax  code  Super  Rich  1%  Privileged  Establishment  Toff  JSA  ESA  social  safety  net  social  mobility  income  mobility  Gini  coefficient  poverty  trap  child  poverty  poverty  PR  spin  doctor  David  Cameron  lobbyist  lobby  Lobbying  revolving  door  Wall  Street  shareholder  value  profit  maximisation  self-regulation  deregulation  Zero  Hour  Contract  precarious  work  Precariat  tax  credit  child  tax  credit  working  tax  credit  working  poor  Contractor  underemployed  part-time  minimum  wage  Food  Bank  poverty  2015  Polarisation  propaganda  populism  manufactured  consent  corporate  state  corporate  media  reframing 
september 2015 by asterisk2a
Soziale Gerechtigkeit und Wachstum: Deutschland mittelmäßig - SPIEGEL ONLINE
Wie gut gelingt es Staaten, eine nachhaltige Wirtschaftspolitik mit sozialer Gerechtigkeit zu vereinen? Deutschland landet in einer Studie des Weltwirtschaftsforums nur im Mittelfeld. Vor allem das Steuersystem schneidet schlecht ab. // &! bit.ly/1K7qKCb - Erbschaft!
Generationengerechtigkeit  fairness  austerity  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  gender  inequality  economic  growth  tax  free  income  kalte  Progression  coldprogression  Universal  Basic  Super  Rich  1%  Public  Services  Services  welfare  state  social  safety  net  OECD  IMF  Robert  Reich  Joseph  Stiglitz  Thomas  Piketty  tax  avoidance  tax  evasion  capital  gains  tax  income  tax  infrastructure  infrastructure  investment  commuting  chronic  stress  child  poverty  poverty  trap  food  poverty  well  being  happiness  index  neoliberalism  neoliberal  Workers  Union  precarious  work  Precariat  working  poor  minimum  wage  tax  credit  education  policy  underbanked  poverty  Sozialer  Abstieg  squeezed  middle  class  corporate  tax  rate  Privatisation  underinvestment  productive  investment  investment  Public  Good  Career  Politicians  short-term  long-term  competitiveness  globalisation  globalization  borderless  flat  world  job  security  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  tax  code  lobbyist  lobby  Lobbying  shared  economic  interest  Wall  Street  profit  maximisation  shareholder  value  Mittelstand  SME  SMB  Germany  society  culture  Gesellschaft  babyboomers  Millennials  generationy  bank  social  bail 
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
George  Osborne  David  Cameron  Career  Politicians  No  Representation  social  contract  political  theory  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Generationengerechtigkeit  fairness  Liberal  Democrats  UK  policy  folly  policy  error  budget2015  underinvestment  R&D  STEM  Research  productive  investment  infrastructure  investment  public  investment  business  investment  productivity  output  gap  Richard  Koo  economic  history  trickle-down  economics  neoliberalism  neoliberal  Gini  coefficient  child  poverty  poverty  trap  DWP  Iain  Duncan  Smith  income  mobility  social  mobility  inequality  London  bank  bailout  self-regulation  deregulation  investment  banking  tax  evasion  tax  avoidance  Opportunism  opportunist  short-term  corporate  tax  rate  income  tax  Super  Rich  1%  babyboomers  education  policy  tax  free  income  working  poor  precarious  work  Precariat  tax  credit  working  tax  credit  child  tax  credit  social  housing  affordable  housing  asset  bubble  property  bubble  equity  bubble  2015  generation  rent  student  loan  debt  student  loan  student  debt  disposable  income  discretionary  spending  household  debt  job  creation  Service  Sector  Jobs  Niedriglohnsektor  self-employment  general  election  2015  election  campaign  promises  class  warfare  secular  stagnation  recovery  GFC  debt  social  sover 
september 2015 by asterisk2a
New Research Documents Growth of Extreme Poverty in US | BillMoyers.com
In $2.00 a Day: Living on Almost Nothing in America, Edin and Shaefer trace this disturbing trend to the 1996 welfare law, which has gradually but inexorably gutted the cash assistance safety net for families with children. Attention to this often neglected side of our nation’s extreme economic inequality is especially timely as policymakers from both parties consider reauthorizing the 1996 welfare law. As the book vividly shows, we are long overdue to take a different path — one that upholds our nation’s values, including our responsibility to protect and empower the most vulnerable by eliminating extreme poverty.
USA  food  poverty  poverty  child  poverty  poverty  trap  inequality  Gini  coefficient  social  mobility  income  mobility  book  vulnerable  welfare  state  social  safety  net  precarious  work  working  poor  squeezed  middle  class  Sozialer  Abstieg  economic  history  American  Dream  meritocracy  meritocratic  Super  Rich  1% 
september 2015 by asterisk2a
Dan Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic - YouTube
free self-regulated market where winner take all - creates adverse outcomes. //<< Book - The Darwin Economy: Liberty, Competition, and the Common Good by Robert H. Frank - Competition can be devastating if it is about winner take all !!! - youtu.be/hmbfK​DvDrJI - via Dan Ariely // // !!! QE - reflate - hope and pray confidence will come back and economy roars back to health. did not happen. // poverty trap // trend continues w inequality, // post-racial America // inability to get out of bad situation // under banked, payday loan // studies have shown, Americans imagine/think of their countries more equal and just than Sweden // (1) create new financial institution, retail banking serving people (not making 15% profit p/a to give it to share holders even demanding more) like Sparkassen // (2) reform education // (stop damaging) narrative of invisible hand - getting the best out of people // national identity // sense of agency !!!
inequality  QE  competitive  competition  winner  take  all  monopoly  monopsony  book  shared  economic  interest  common  good  Dan  Ariely  China  credit  bubble  ZIRP  NIRP  business  confidence  consumer  confidence  equity  bubble  speculative  bubbles  Super  Rich  1%  asset  bubble  faultlines  structural  imbalance  Impediments  Gini  coefficient  social  mobility  income  mobility  poverty  trap  child  poverty  poverty  USA  UK  Europe  austerity  recovery  2015  social  cohesion  social  tension  social  contract  welfare  state  social  safety  net  education  policy  skill-biased  technological  change  skills  gap  western  world  post-racial  America  Jim  Crow  working  poor  squeezed  middle  class  Sozialer  Abstieg  Germany  food  poverty  budget2015  fairness  Generationengerechtigkeit  Privileged  Toff  Establishment  Public  Services  Services  society  racial  segregation  gentrification  Gentrified  class  segregation  urbanisation  urban  planning  social  housing  affordable  housing  Lügenpresse  manufactured  consent  corporate  media  corporate  state  propaganda  populism  stigma  self-regulation  deregulation  Wall  Street  invisible  hand  crony  capitalism  profit  maximisation  shareholder  value  bank  bailout  TBTF  too  big  to  bail  too  big  to  jail  meritocra 
august 2015 by asterisk2a
Will Advances in Technology Create a Jobless Future? | MIT Technology Review
Who Will Own the Robots? - We’re in the midst of a jobs crisis, and rapid advances in AI and other technologies may be one culprit. How can we get better at sharing the wealth that technology creates? // BY MARTIN FORD - The Great Divide: Unequal Societies and What We Can Do About Them BY JOSEPH E. STIGLITZ &! Inequality: What Can Be Done? BY ANTHONY B. ATKINSON &! The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies BY ERIK BRYNJOLFSSON AND ANDREW MCAFEE // &! Paul Krugman - “A lot of what’s happening [in income inequality] is not just the gods of technology telling us what must happen but is in fact [due to] social constructs that could be different.” - gov policy, corporate policy (ie 4-day work week and 6-hour days because productivity and profit margin do allow for that, and more brings diminished returns etc etc but will that go down well with Wall Street?)
Universal  Basic  Income  tax  evasion  tax  avoidance  crony  capitalism  shared  economic  interest  AI  Software  Is  Eating  The  World  marketplace  efficiencies  mobile  homescreen  mobile  phone  commodity  business  commoditization  Service  Sector  Jobs  Niedriglohnsektor  Future  of  Work  Creatives  Creative  skill-biased  technological  change  skills  gap  skill  mismatch  education  policy  Makers  4-day  week  6-hour  day  productivity  output  gap  secular  stagnation  squeezed  middle  class  working  poor  precarious  1099  Economy  Gig  Economy  self-employment  Zero  Hour  Contract  Contractor  on-demand  convenience  outsourcing  job  creation  job  market  labour  economics  labour  market  neoliberalism  neoliberal  Wall  Street  profit  maximisation  shareholder  value  capitalism  inequality  capital  gains  1%  Super  Rich  meritocracy  meritocratic  tax  code  tax  tax  free  welfare  state  tax  credit  Public  Services  Social  Services  austerity  dogma  manufactured  consent  propaganda  populism  lobbyist  lobby  Lobbying  PR  spin  doctor  Robotics  3D  printing  Manufacturing  STEM  industrial  policy  automation  self-driving  cars  autonomous  car  marginal  cost  economics  of  abundance  safety  net  Gini  inequality  technological  technological  labour  capital 
august 2015 by asterisk2a
Elizabeth Warren: No Need to Stop Uber-ized Workforce, but Must Invest in Education (Video) | Re/code
Warren defends Uber-ization of labor // Elizabeth Warren, the Massachusetts senator denounced by some as a “far-left” socialist radical, came out in support of the “Uber-ization” of the labor force. “We’re not going to stop tech so that lots of people will work,” Sen. Warren said at yesterday’s Code Conference. “That’s like saying, ‘Let’s get rid of heavy equipment and let people dig with a spoon.'” // "how the on-demand economy is creating full-time jobs out of part-time work. Several startups, like Uber, rely on contract employers. Google CEO Larry Page has predicted that part-time working will soon be the norm." // marketplace lowers prices! its inevitable. Except there is regulation and a guaranteed income /w around minimum wage. // Wall Street - Capitalism - rootless global corporations (& money have no conscience) has no self-limiter. Is no stakeholder in a local economy has no shared economic interest whether in a local economy nor country. // on.recode.net/1eAwEE0
1099  Economy  Share  Economy  TaskRabbit  Uber  Lyft  on-demand  self-employment  marketplace  efficiencies  marketplace  Future  of  Work  contractor  Industrial  Revolution  2.0  contract  Zero  Hour  labour  market  labour  economics  Capitalism  crony  profit  maximisation  shareholder  value  stakeholder  exploitation  social  safety  net  welfare  state  tax  evasion  tax  avoidance  outsourcing  Universal  Basic  Income  uncertainty  working  poor  precarious  Precariat  Instacart  Postmates  Proletariat  USA  UK  neoliberal  neoliberalism  Workers  Union  tax  code  Wall  Street  underinvestment  productive  investment  Washington  revolving  door  No  Representation  Super  Rich  1%  Career  Politicians  voter  turnout  Protest  Partei  Protest  Party  Elizabeth  Warren  infrastructure  investment  21stcentury  Smart  Grid  education  policy  vocational  education  workforce  poverty  minimum  wage  living  wage  marginal  cost  economics  of  abundance  economic  history  globalisation  globalization  borderless  flat  world  policy  folly  Makers  policy  error  social  tension  social  cohesion 
may 2015 by asterisk2a
Headline Numbers: How do you measure inequality? - BBC News
Research from the Institute for Policy Studies found that in 2014, bonuses paid to Wall Street employees had been double the total annual pay earned by all Americans who worked full-time at the federal minimum wage. I crunched the numbers and it turned out that the same was true for the UK. [...] The Office for National Statistics (ONS) had figures out on Wednesday based on the definition that people were in poverty if their income was below 60% of the median level (to find the median income, line up all the people in the country in order of income and take the middle one). It found that almost a third of the UK population had experienced poverty in at least one of the years between 2010 and 2013, which is very high by European standards. The OECD sets out a summary of what has happened to examples of all three of these measures. Across its 34 member countries, the Gini Coefficient rose gradually from 1996, fell slightly for the financial crisis and then resumed its upward path.
inequality  Gini  coefficient  income  inequality  income  growth  minimum  wage  Niedriglohnsektor  working  poor  precarious  work  Precariat  Zeitarbeit  Werkvertrag  Leiharbeit  Western  World  bonuses  bonus  compensation  package  1%  Super  Rich  squeezed  middle  class  working  class  Blue-collar  Worker  tax  code  taxation  tax  evasion  tax  avoidance  living  wage  standard  of  living  living  standard  disposable  income  discretionary  spending  UK  USA  GDP  Service  Sector  Jobs  Share  Economy  knowledge  knowledge  Mobile  Creatives  Mobile  Creative  Future  of  Industrial  Revolution  2.0  Software  Is  Eating  The  World  competition  differentiate  differentiation  borderless  flat  globalisation  globalization  capital  gains  Wall  Street  recovery  ZIRP  NIRP  QE  TARP  POMO  bailout  Career  Politicians  No  Representation  democracy  lobbyist  lobby  Lobbying  Workers  Union  presidency  barackobama  revolving  door  Washington  trust  confidence  poverty  child  poverty  poverty  in  old  age  food  poverty  income  distribution  income  mobility  income  redistribution  downward  mobility  social  mobility  austerity  welfare  welfare  state  Services  Public  Services  social  safety  net  IMF  OECD  GFC  social  tension  social  cohesion 
may 2015 by asterisk2a
Naomi Klein on Global Neoliberalism - YouTube
history doesn't repeat, but it rhymes // use of crisis for political ends // crisis is required to push through those policies // effect - rise if inequality - gini coefficient // history shows - capital flight // net capital flight out of UK from 2008-2015 !? // mixed economy ! // Naomi Klein and Joseph Stiglitz on Economic Power - youtu.be/qkErO-TwOeo &! Naomi Klein, Raj Patel, Amy Goodman: Crisis Capitalism - youtu.be/8Ji_8tI0sbY youtu.be/wmHOj0FT5l0 &! Joseph Stiglitz (2014) - Why Capitalism is Failing - youtu.be/b7wIw1VNjSk &! [Chrystia Freeland] Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else (Full Session) - youtu.be/S9LIVa3WVPo --- GFC did not end plutocracy (Fortune/Forbes list) it propelled them - QE, bailouts, NIRP etc - it was a recovery for the 1% - Carlos Slim is richest person ever lived (based on labour cost/hr of home country). &! Matt Taibbi and Chrystia Freeland on the One Percent's Power and Privileges - youtu.be/rvIM6-BGx8I
Naomi  Klein  neoliberal  neoliberalism  PIGS  austerity  Wasserprivatisierung  Privatisation  liberal  economic  reform  IMF  USA  economic  history  World  Bank  trickle-down  economics  Troika  sovereign  debt  crisis  Gini  coefficient  inequality  Wall  Street  book  welfare  state  social  safety  net  Services  Public  Services  welfare  GFC  UK  fiscal  policy  policy  folly  policy  error  Davos  Makers  Career  Politicians  microeconomic  policy  macroeconomic  policy  economic  model  economic  damage  oligarchy  plutocracy  Super  Rich  1%  Establishment  Privileged  income  inequality  capital  gains  squeezed  middle  class  working  poor  globalisation  globalization  flat  borderless  precarious  work  Precariat  contractor  Zero  Hour  Contract  Leiharbeit  Zeitarbeit  Minijob  Werkvertrag  recovery  No  Representation  Industrial  Revolution  2.0  oligopoly  oligopol  crony  capitalism  rent-seeking  rentier  human  capital  income  growth  social  mobility  income  mobility  meritocracy  meritocratic  lobbyist  lobby  Lobbying  revolving  door  tax  evasion  tax  avoidance  political  economy  ethical  beliefs  ethical  machine  moral  beliefs  profit  maximisation  shareholder  value  American  Dream  Great  Gatsby  curve  intellectual  honesty  social  tension  social  working  class  Egalitaria 
may 2015 by asterisk2a
Owen Jones talks to Mehdi Hasan about The Establishment - YouTube
"shared economic interest" // bailout for the rich and too big to fail and jail - vs - austerity for the poor // TTIP // Europe // westminster (Establishment, Privileged, No Representation) over holyrood (SNP) << UK general election 2015 // all power has to be democratised >> mainstreet.org // Lucky ones pull the meritocracy card to justify their luck, standing and demands //
Career  Politicians  1%  Super  Rich  Establishment  Privileged  No  Representation  lobbyist  lobby  Lobbying  democracy  revolving  door  tax  evasion  tax  avoidance  loopholes  book  social  cohesion  social  tension  legitimacy  oligarchy  plutocracy  education  policy  social  mobility  income  mobility  Gini  coefficient  Workers  Union  welfare  state  Public  Services  Services  mainstreet.org  social  safety  net  welfare  income  growth  capital  gains  Thomas  Piketty  Wall  Street  tax  code  child  care  gender  equality  tax  free  income  interest  accountability  diversity  transparency  Toff 
may 2015 by asterisk2a
Rt Hon David Blunkett MP | Where Next for Welfare? - YouTube
helping people to cope w change in the labour market, enabling to succeed in a changing labour market. // instead one is exposed to the downward spiral of long-term unemployment, instead of enabling social mobility and income (and personal) growth // throwing away human capital // we inherit what we seed - you reap what you sow // min 24 - getting corporate entities to pay their fair share of tax // min 30 - honest system // psychology of welfare, the right way // min 55 investing in people, personal advisor // tax credit for on the job training/on-boarding of long-term unemployed, dual system (education & job), apprenticeships paying living wage // corporates get subsidies, why does an employee can't get that - helping to compete in this labour market // &! Welfare: When does the State say no? | 18.06.2013 - youtu.be/aBo-1WVu2YE // // &! [Labour] Alan Milburn: Education’s role in promoting social mobility - youtu.be/-sTuE2X99G4 - https://www.gov.uk/government/people/alan-milburn
welfare  welfare  state  social  safety  net  Public  Services  Services  labour  market  labour  economics  vocational  education  education  policy  practical  skills  practical  skill  set  apprenticeships  austerity  hartz-iv  ALG2  Germany  UK  IMF  economic  history  policy  error  short-term  thinking  short-term  view  policy  folly  Career  Politicians  Conservative  Party  microeconomic  policy  macroeconomic  policy  job  creation  job  market  underemployed  long-term  unemployment  long-term  view  long-term  thinking  David  Cameron  economic  damage  income  growth  fear  solidarity  social  cohesion  social  tension  competitiveness  competitive  competition  on  job  training  social  mobility  downward  mobility  income  mobility  human  capital  gesellschaft  stereotype  Gini  coefficient  inequality  2015  child  care  tax  credit  low  income  working  poor  precarious  work  Precariat  Proletariat  self-employment  income  distribution  income  inequality  income  redistribution  Super  Rich  1%  fairness  unrecht  budget  deficit  tax  evasion  tax  avoidance  loopholes  No  Representation  Establishment  Privileged  Toff  continual  education  child  poverty  food  poverty  poverty  moral  beliefs  ethical  beliefs  corporate  culture  corporate  values  paid  maternity  leave  sickness  benefits  paid  paternity  leave  HR  human  resources  Disabled  employability  youth  unemployment  structural  unemployment  tax  code  tax  free  income  living  wage  minimum  wage  society  disposable  income 
may 2015 by asterisk2a
5 Things Everyone Needs to Know About Baltimore | Alternet
http://www.alternet.org/racism-real-real-reason-behind-baltimore-uprising // &! http://www.alternet.org/news-amp-politics/david-simon-my-country-horror-show "I don't think it's unique to America. [...] And that notion that capital is the metric, that profit is the metric by which we're going to measure the health of our society is one of the fundamental mistakes of the last 30 years. I would date it in my country to about 1980 exactly, and it has triumphed. [...] But the idea that it's [capitalism] not going to be married to a social compact, that how you distribute the benefits of capitalism isn't going to include everyone in the society to a reasonable extent, that's astonishing to me." nicht teil haben an der Gesellschaft. // &! alternet.org/economy/5-ways-its-become-crime-be-poor-america-punishable-further-impoverishment &! &! bit.ly/1EVuyKz &! bit.ly/1bFWwfU "Perspektivlosigkeit, Wut und Paranoia"
Freddie  Gray  Baltimore  USA  Ferguson  Jim  Crow  racism  racial  discrimination  racial  profiling  post-racial  America  Police  State  Police  Brutality  inequality  Gini  coefficient  social  mobility  income  mobility  downward  mobility  prejudice  No  Representation  Career  Politicians  fairness  Gerechtigkeit  unrecht  homeless  homelessness  Western  World  Germany  UK  gesellschaft  Sozialer  Abstieg  squeezed  middle  class  working  poor  precarious  work  Precariat  Proletariat  underemployed  structural  unemployment  unemployment  youth  unemployment  long-term  unemployment  American  Dream  presidency  barackobama  crony  capitalism  bailout  toobigtofail  TBTF  too  big  to  jail  Wall  Street  shareholder  value  profit  maximisation  Thomas  Piketty  Karl  Marx  Super  Rich  1%  tax  evasion  tax  avoidance  tax  code  abuse  of  power  corruption  bribery  lobbyist  lobby  Lobbying  revolving  door  social  cohesion  democracy  Workers  Union  economic  history  middle  class  poverty  in  old  age  child  poverty  food  poverty  poverty  trickle-down  economics  welfare  welfare  social  safety  net  Services  Public  Services  austerity  Future  of  education  policy  globalisation  globalization  secular  stagnation  flat  borderless  competitiveness  competitive  Mobile  Mobile  World 
may 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
The Ashcroft Interviews: Money, Blood & Revolution - YouTube
George Cooper - broken economics << is in crisis. is not offering useful guidance for policy makers because of so much conflicting views that are taken at time and voiced at times very violently. "economics is akin to astrology." ... QE will create bigger future recession. &! neoclassical = trickle-down/trickle-through &! economics teaches you a wrong view / looking glass &! neoclassical view - getting richer and richer. is that really true? &! maintaining status quo &! self-interest &! Marx says capitalism is polarising
book  economics  economist  GFC  academia  academics  centralbanks  equilibrium  disequilibrium  QE  debt  monetization  debt  monetisation  monetary  policy  unconventional  monetary  policy  debt  bubble  sovereign  debt  crisis  Super  Cycle  debt  jubilee  debt  restructuring  balance  sheet  recession  debtoverhang  debt  overhang  Gini  coefficient  income  inequality  inequality  social  cohesion  trickle-down  economics  liquidity  trap  Philosophy  LTRO  TLTRO  education  policy  social  mobility  income  mobility  fairness  tax  evasion  tax  avoidance  downward  mobility  social  safety  net  austerity  Makers  policy  folly  policy  error  Career  Politicians  Lobbying  lobbyist  lobby  Super  Rich  1%  Wall  Street  crony  capitalism 
march 2015 by asterisk2a
As a jobcentre adviser, I got ‘brownie points’ for cruelty | Mary O’Hara | Society | The Guardian
"We are all in this together." << yea right. We just don't have a lobby like Canary Wharf and Fortune500 companies. // A demonstrable shift took place once the coalition settled in, says Neville. Along with “relentless” targets, huge caseloads, and less time to spend with individual claimants, she lists the increasing complexity of the system including the many and very complicated forms that needed to be filled in and problems with the fitness to work test administered by Atos. “It used to feel like we were doing something for clients, now it was [doing something] to them,” she says. Things were made all the more difficult, ...
welfare  state  welfare  Liberal  Democrats  Conservative  Party  social  safety  net  Politics  austerity  general  election  2015  social  cohesion  ethical  machine  child  poverty  poverty  in  old  age  poverty  food  poverty  David  Cameron  George  Osborne  Toff  Establishment  Privileged  Super  Rich  1%  No  Representation  Career  Politicians  Protest  Party  Protest  Partei  European  2014  UKIP  SNP  education  policy  Services  Public  Services  Banks  NHS  policy  folly  policy  error  Makers  tax  evasion  tax  avoidance  tax  code  loopholes  Lobbying  lobbyist  lobby 
february 2015 by asterisk2a
Lobo-Kolumne: Pseudoskepsis zweifelt an allem außer an sich selbst - SPIEGEL ONLINE
Symptoms to a greater arch that is happening - a global leveling of the playing field ... Reaktion auf die zunehmende Komplexität der Welt // Junk Food in form of constant bad news - bc News Room is 24/7 Rocky horror show - bc of Pageviews business model.
Lügenpresse  PEGIDA  AfD  Protest  Party  Protest  Partei  UKIP  complexity  globalisation  globalization  No  Representation  Career  Politicians  borderless  uncertainty  insecurity  hartz-iv  social  safety  net  Universal  Basic  Income  Software  Is  Eating  The  World  protectionism  GFC  Bailout  Robotics  automation  algorithm  unintended  consequences  Lobbying  lobbyist  lobby  revolving  door  transparency  accountability  Political  Governance  corporate  Soziale  Marktwirtschaft  ethical  machine  abuse  of  power  Super  Rich  1%  squeezed  middle  class  Proletariat  working  poor  Precariat  precarious  work  society  social  cohesion  Europe  USA  UK  Asia  Africa  East  instability  Latin  America  Germany  European  Election  2014  France 
february 2015 by asterisk2a
Was treibt die Menschen zu Pegida? | rbb Rundfunk Berlin-Brandenburg
Protestforscher Prof. Dieter Rucht im Interview - Was treibt die Menschen zu Pegida? Prof. Dieter Rucht arbeitet im Wissenschaftszentrum Berlin und erforscht seit Jahren soziale Bewegungen und politische Protestformen. In den vergangenen Wochen hat er Pegida-Anhänger befragt und die Demonstrationen in Dresden beobachtet. Ressentiments gegenüber Fremden und den Schwierigkeiten demokratischer Willensbildung, die auch sozialisationsbedingt sind, sieht er als Ursachen des Zuspruchs für Pegida.
Politics  No  Representation  uncertainty  insecurity  social  cohesion  Protest  Party  Protest  Partei  NPD  AfD  hartz-iv  Agenda  2010  Niedriglohnsektor  Precariat  precarious  work  unintended  consequences  complexity  compromise  PEGIDA  austerity  Europe  Philosophy  political  science  political  folly  political  error  Career  Politicians  stereotype  Ausländerfeindlichkeit  feindbilder  erzkonservativ  Lügenpresse  integration  adoptarefugee.org  ISIS  Religion  Islam  Islamic  Law  radicalism  Islamic  State  Caliphate  social  science  social  status  social  security  unknown  unkown  unknown  unknowns  Unbekanntes  Rassismus  racism  CSU  CDU  SPD  social  safety  net  workless  working  class  Zivilcourage  Zivilgesellschaft  hate  crime  hate  speech  European  History  Germany  Asylum  Asylbewerber  Middle  East  World  Police  USA  Iraq  Iraq  War  al-Qaida  foreign  affairs  domestic  affairs  ISIL  democracy  Democratic  Process  GFC  Bailout  Establishment  Privileged  Super  Rich  1%  tax  evasion  tax  avoidance  fairness  social  discrimination  racial  discrimination  ethnic  discrimination  discrimination  social  study 
february 2015 by asterisk2a
OECD moniert wachsende Ungleichheit zwischen Arm und Reich - SPIEGEL ONLINE
[ The Economic case for better equality ] - Die Ungleichheit in Deutschland hat sich laut OECD deutlich verschlimmert - und den Aufschwung gebremst. Eine gerechtere Sozialpolitik hätte demnach bis zu sechs Prozentpunkte mehr Wachstum möglich gemacht. [... ] Die OECD fordert die Politik zum Gegensteuern auf. "Unsere Analyse zeigt, dass wir nur auf starkes und dauerhaftes Wachstum zählen können, wenn wir der hohen und weiter steigenden Ungleichheit etwas entgegensetzen", sagte Generalsekretär Angel Gurria. "Der Kampf gegen Ungleichheit muss in das Zentrum der politischen Debatte rücken." [...] Eine Umverteilung von oben nach unten mittels Steuern und Transfers sei nicht zwangsläufig wachstumsschädlich, solange entsprechende Maßnahmen zielgenau angewandt werden, schreibt die Industrieorganisation. Eine solche Verteilungspolitik müsse sich vor allem auf Familien mit Kindern sowie auf junge Menschen konzentrieren und deren Lernchancen verbessern.
Niedriglohn  Niedriglohnsektor  hartz-iv  Aufstocker  Precariat  precarious  work  working  poor  minimum  wage  mindestlohn  living  wage  cost  of  living  Germany  competitiveness  competitive  advantage  comparative  advantage  flat  world  globalization  globalisation  Fachkräftemangel  Agenda  2010  Social  Services  Gini  coefficient  gender  inequality  gender  pay  gap  income  inequality  inequality  disposable  income  Lohnzurückhaltung  lohndumping  Leiharbeit  Zeitarbeit  Policy  Makers  short-term  thinking  short-term  view  Career  Politicians  folly  error  Exportweltmeister  election  campaign  promises  kalte  Progression  coldprogression  Angela  Merkel  CDU  CSU  SPD  No  Representation  SMB  SME  tax  avoidance  tax  evasion  Budget  Schwarze  Null  infrastructure  investment  OECD  austerity  welfare  state  safety  net  cohesion  tax  code  tax  free  income  Universal  Basic  Grundeinkommen  Gerechtigkeit  fairness  Democratic  Process  democracy  education  Year  of  Mobile  Creative  Mobile  Creatives  practical  skill  set  skill-biased  technological  change  Software  Is  Eating  The  practical  skills  continual  education  mobility  income  mobility  discrimination  Super  Rich  1%  Privileged  economic  history  crony  capitalism  capitalism  Wall 
december 2014 by asterisk2a
Frohes Schaffen - Ein Film zur Senkung der Arbeitsmoral (2012) - IMDb
Future  of  Work  Mobile  Creative  Mobile  Creatives  6-hour  day  4-day  week  Grundeinkommen  Universal  Basic  Income  sociology  status  anxiety  status  symbol  materialism  retirement  scicology  psychology  ideology  Religion  full  employment  underemployed  workless  worklife  burnout  structural  unemployment  unemployment  social  safety  net  flat  world  globalisation  globalization  comparative  advantage  competitiveness  competitive  Competition  competitive  advantage  humanity  human  progress  Robert  Skidelsky  leisure  time  book  AI  Robotics  Robots  Three  Laws  of  Robotics  workforce  education  policy  Public  democracy  Gini  coefficient  inequality  inequality  social  mobility  mobility  Politics  Career  Politicians  1%  Super  Rich  tax  evasion  tax  avoidance  fairness  Spiritual  spirituality  human  resources  human  being  human  capital  human  tragedy  self-respect  self-regulation  Self-esteem  self-awareness  society  parenthood  parenting  childhood  childhood  development  crony  capitalism  corporatism  Wall  Street  GDP  economic  history  history  finite  resources  Year  of  Code  21stcentury  knowledge  worker  working  poor  squeezed  middle  class  White-collar  environment  Blue-collar  working  class  workplace  life  balance  social  beings  social  science  social  society  social  status  happine 
august 2014 by asterisk2a
Rich Kid, Poor Kid: For 30 Years, Baltimore Study Tracked Who Gets Ahead : NPR Ed : NPR
But a study published in June suggests that the things that really make the difference — between prison and college, success and failure, sometimes even life and death — are money and family. // +++ see Alain De Botton - Status Anxiety.
men  are  not  created  equal  social  mobility  income  mobility  education  policy  plutocracy  Aristocracy  Super  Rich  1%  tax  free  income  tax  credit  tax  code  work  environment  living  environment  environment  parenthood  parents  parenting  helicopter  parent  childhood  childhood  development  epigenetics  sociology  psychology  social  science  white  male  privilege  privilege  Privileged  male  privilege  entitlement  income  inequality  gender  inequality  inequality  Gini  coefficient  USA  UK  Europe  democracy  Toff  Career  Politicians  private  education  working  poor  squeezed  middle  class  middle  class  child  poverty  food  poverty  Public  equality  gender  equality  social  status  social  safety  net  social  study  social  society  Zivilcourage  Zivilgesellschaft  civic  life  civic  society 
august 2014 by asterisk2a
Steve Jurvetson never sells a share of a company he invests in - YouTube
59m7s >> what if we erase the digital divide ... transforming the pyramid into a conical spike because of winner takes all network effects. .... >> ~30hr work week - Robert Skidelsky, ... contribution to the collective worth society, unpaid. - unconditional living wage/income ... a basic income redistribution. fairness. people that work in low to non-profit companies because of added value to society ... paid by excess profits of X ... we are all in the same boat. we are all interconnected. dependent on each other. +++ http://youtu.be/pDVDWNguPs4?t=1h5m20s // doing more with fewer staff. & practical skills you need in today's workplace, u don't learn at university. Elon Musk, the most important men 4 the future. bc he's swinging big, willing to fail with his ambition(s). attracts similar minds. [down the line come's Bill Gates 2.0, Larry & Sergey, & others that work on sustainability of food and energy.] ADD Larry Page on that topic - http://on.recode.net/1qZC7oZ // vid id Wdnp_7atZ0M
peak  employment  unemployment  structural  unemployment  long-term  unemployment  employment  Mobile  Creative  Mobile  Creatives  knowledge  worker  White-collar  Blue-collar  Year  of  Code  digital  divide  productivity  output  gap  flat  world  globalization  globalisation  competitive  advantage  competitiveness  competitive  Competition  social  mobility  income  mobility  Gini  coefficient  Super  Rich  capitalism  USA  offshoring  outsourcing  1%  network  effects  global  competitive  landscape  workforce  Robert  Skidelsky  academia  academics  economic  history  history  tax  free  income  income  redistribution  income  distribution  fairness  unintended  consequences  complexity  unknown  unknowns  underemployed  economics  of  abundance  social  safety  net  happiness  index  GDP  Chamath  Palihapitiya  society  market  society  social  society  civic  society  civil  society  Industrial  Revolution  pluralistic  society  western  society  efficiency  marketplace  efficiencies  skill-biased  technological  change  capital  skills  practical  skill  set  practical  skills  skills  skill  education  policy  formal  education  education  perfect  storm  Indignados  Indignants  occupywallstreet  Elon  Musk  disrupting  markets  disruption  sustainability  sustainable  workless  hybrid  work  working  class  working  poor  working  squeezed  middle  class  Larry  Page  Sergey  B 
july 2014 by asterisk2a
Report: San Francisco has worse income inequality than Rwanda | PandoDaily
It’s not difficult to see evidence of income disparity in San Francisco. The headquarters of Twitter, now valued at around $20 billion, looms massively over a neighborhood plagued by homelessness, drug addiction, and prostitution. Median rents continue to hit record highs, and despite the wealth that continues to pour into San Francisco thanks to the tech boom, the number of homeless individuals has remained more-or-less the same since 2005. The gap between rich and poor is widening across the country, but according to a new study, San Francisco income inequality was found to be not only above the US national average – it was even slightly worse than that of Rwanda, which is among the most unequal countries in the world. +++ See http://modelviewculture.com/pieces/not-a-tech-bro-but-not-a-tech-lady "Gender (+ Race) + Class" paragraph.
NYC  Manhatten  San  Francisco  Los  Angeles  Silicon  Valley  Gini  coefficient  income  inequality  tax  code  tax  avoidance  social  safety  net  California  Career  Politicians  corporate  culture  corporate  governance  public  policy  social  society  income  mobility  social  mobility  working  poor  standard  of  living  cost  of  living  livingspaces  living  wage  living  standard  living  environment  city  living  income  distribution  income  redistribution  corporatism  philanthropy  squeezed  middle  class  Sector  Workers  economic  history  short-term  thinking  long-term  thinking  quality  of  life  inequality  equality  Super  Rich  democracy  society  sustainability  sustainable  urbanisation  urban  planning  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  capital  skills  skills  skill 
may 2014 by asterisk2a
Paxman interviews economist Thomas Piketty - Newsnight - YouTube
IT IS ALL A MATTER OF DEGREE. thus you have to marry liberalism & conservatism, throw the junk out. u get liberal-conservatism. The rise of the working poor & squeezed middle class had not been good 4 economic growth & vitality. || +Thomas Piketty on Wealth, Income and Inequality >> watch?v=zytqTSh3oGw || + http://www.huffingtonpost.com/2014/05/01/thomas-piketty-cold-war_n_5247373.html || + http://www.npr.org/2014/05/11/310784652/on-income-inequality-a-french-economist-vs-an-american-capitalist << Edward Conard WRONG! || +++ What the 1% Don't Want You to Know with Paul Krugman - watch?v=QzQYA9Qjsi0 "All men are created equal" NO MORE. 'commanding heights' >> https://www.youtube.com/results?search_query=commanding+heights+documentary + market income inequality vs disposable income inequality http://bit.ly/1ollCVp ... "We live in such an ugliness in America." || Wealth Concentration is a agglomeration of Politica & Public Policy Power. || + Robert Reich >> v=q-rpkZe2OEo || v=heOVJM2JZxI
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may 2014 by asterisk2a

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