asterisk2a + services + imf   35

Budget 2017: Asset sales to thank for UK's figures? - BBC News
'we are not paying our way in the world' -- highlight the cheat the Tories are. 1 sale of national assets to lower debt. still horrible trade balance deficit now w even weaker pound. And not mentioned the recovery supported greatly by household debt bubble and mortgage party. GDP per capita, wage growth v inflation, living standard, current account deficit, underinvestment/austerity in edu and health (see imf paper), ... UK becoming a basket case.
Budget  Tories  Conservative  PFI  Assets  George  Osborne  Theresa  May  Manufacturing  underinvestment  Philip  Hammond  London  Services  nasty  party  ZIRP  NIRP  QE  household  debt  consumer  credit  card  creditcard  mortgage  housing  bubble  Productivity  output  gap  skills  STEM  education  policy  Austerity  current  account  deficit  GFC  bank  bailout  GDP  per  capita  IMF  technological  unemployment  David  Cameron  social  mobility  income  wage  growth  downward  gini  Coefficient  child  poverty 
march 2017 by asterisk2a
Universities minister announces sale of student loan book | Education | The Guardian
[ corporatists/banks will neg lower price than actual/current value. Bc (1) inflation (2) no-repayments/delayed repayment/default (3) lower repayment rates in future than expected bc of econ. et al. Tories selling gov assets at firesale prices because of its fetish w the deficit caused by the bank bailout. ] But Hillman raised concerns about whether the sale would result in taxpayers getting value for money, saying: “We saw in Gordon Brown’s sale of the government’s gold and also in Vince Cable’s sale of Royal Mail how hard that is to achieve and how controversial it can be if the price paid comes to seem too low.

“Ministers will say the underlying legislation only allows sales that are good value for money, but it takes time to know if that has happened in practice.”
deficit  UK  government  debt  Privatisation  profit  maximisation  financial  services  consumer  student  loan  Tories  budget  Conservative  Party  nasty  George  Osborne  Austerity  underinvestment  asset  David  Cameron  Theresa  May  IMF  economic  history  recovery  Brexit 
february 2017 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
Börsenabsturz in China: Der Kontrollverlust - Kommentar - SPIEGEL ONLINE
Der Börsen-Crash in China ist Symptom eines fundamentalen Wandels: Um den Wohlstand zu erhalten, muss die Regierung immer mehr Kontrolle abgeben. Die Allmacht der kommunistischen Partei gerät ins Wanken.
China  economic  history  SRD  Yuan  macroeconomic  policy  microeconomic  policy  corruption  bribery  regulation  regulators  liberal  economic  reform  economic  refugee  inequality  IMF  AIIB  World  Bank  Hegemony  PBOC  Gini  coefficient  social  safety  net  Services  Public  Services  discretionary  spending  disposable  income  pension  scheme  pension  pension  fund  asset  allocation  capital  allocation  ZIRP  NIRP  QE  credit  bubble  QT  monetary  policy  fiscal  policy  shadow  banking  NPL  2015  2016  shadow  economy  demographic  bubble 
january 2016 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
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
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
Death rate for preschool children in UK almost double that of Sweden | Society | The Guardian
Researchers found 614 deaths per 100,000 of under-fives in UK compared with 328 in Sweden, with social inequalities partly to blame for difference
UK  OECD  IMF  Gini  coefficient  public  health  policy  public  health  health  care  budget  health  care  spending  NHS  poverty  child  poverty  food  poverty  poverty  trap  social  mobility  income  mobility  welfare  state  austerity  Services  Services  inequality  gender  inequality 
august 2015 by asterisk2a
Jaguar Land Rover urged to give assurances over 36,000 British jobs | Business | The Guardian
[ Tories economic policy for the future is the small state, and nothing else, its the short-term dogma and ideology of the Tories. ] // JLR said it had turned down other locations in Europe, the US and Mexico in favour of Nitra because of a strong supply chain and good infrastructure. Poland has claimed that Slovakia offered high state subsidies to win the factory, which it was not prepared to match. Slovakia has already attracted Germany’s Volkswagen, South Korea’s Kia and France’s PSA Peugeot Citroën, which together build hundreds of thousands of cars in the country each year. The average hourly labour cost in Slovakia is below €10 (£7), less than half that of Britain, according to Eurostat figures. The plant could help reduce JLR’s reliance on Britain, where it had to offer an improved pay and pensions deal last year to avoid strike action.
capitalism  profit  maximisation  Wall  Street  shareholder  value  competitiveness  UK  industrial  policy  added  value  Manufacturing  STEM  George  Osborne  budget2015  Makers  austerity  ideology  dogma  David  Cameron  education  policy  vocational  education  Student  Maintenance  Grant  working  poor  precarious  work  poverty  trap  child  poverty  social  mobility  income  mobility  Gini  coefficient  OECD  IMF  fairness  Generationengerechtigkeit  Public  Services  Services  microeconomic  policy  fiscal  policy  short-term  thinking  short-term  view  Career  Politicians  No  Representation  globalisation  competitive  competition  competitive  advantage  outsourcing  Tories  Conservative  Party  Toff  Privileged  Establishment  general  election  2015  election  campaign  promises  propaganda  corporate  state  corporate  media  PR  spin  doctor  populism  manufactured  consent 
august 2015 by asterisk2a
Draw up 40% cuts plans, George Osborne tells Whitehall departments - BBC News
The Treasury said "large savings" would be required of unprotected departments, which have been asked to model two scenarios: of 25% and 40% cuts to their budgets by 2020. The BBC's economics editor Robert Peston said what was being proposed would require a reinvention of some services taken for granted by the public. Mr Osborne has already unveiled £12bn of welfare savings plus £5bn of tax avoidance prevention measures - which together with the £20bn of departmental spending cuts make up the £37bn figure earmarked to get government finances back in the black. [...] "It is incredibly bad economics to compare household finances and state finances." "This is the stuff of public-service reinvention, not efficiency." bbc.in/1TOnEdG [...] Spending limits will be set for government departments, which will also be asked to examine the way they manage their assets and consider privatisation and contracting out where necessary. [
austerity  George  Osborne  UK  budget2015  Public  Services  Social  Services  dogma  ideology  fairness  welfare  state  society  economic  history  recovery  macroeconomic  policy  microeconomic  policy  output  gap  productivity  education  policy  David  Cameron  Tories  Conservative  Party  Toff  Establishment  Privileged  Privatisation  outsourcing  corporate  state  corporate  media  media  conglomerate  neoliberalism  neoliberal  liberal  economic  reform  propaganda  populism  manufactured  consent  economic  model  trickle-down  economics  IMF  OECD 
july 2015 by asterisk2a
Resistance is not enough – we need a whole new political vision | Zoe Williams | Comment is free | The Guardian
[ trying to pit the weak and squeezed against the weaker, on the the dole, and bread line and disadvantaged (born into extreme poverty) ] // The budget took us further down a vindictive, regressive path. But we don’t have to toe the government’s line – we need to decide how we want society to look // [ Book owen Jones - The Establishment ] // [ cutting away left and right, even those things which help long-term creating opportunity - eduction policy, vocational education, (Student Maintenance Grant) social services, mental health and well being ... ] [...] To attack first entails retaking the language, so that we aren’t constantly battling on the territory of “common sense” that has already been demarcated and controlled by someone else. Professor Danny Dorling, at the British Library’s weekend conference on London, had this suggestion, in the wake of Osborne’s appropriation of the phrase “living wage”. [ Same with re-appropriating child poverty targets ] [ intellectual scum ]
budget2015  austerity  fairness  Gesellschaft  class  warfare  welfare  state  Public  Services  Social  Services  Soziale  Marktwirtschaft  propaganda  manufactured  consent  corporate  state  populism  democracy  society  David  Cameron  George  Osborne  Toff  Establishment  Privileged  dogma  ideology  Europe  Fiscal  Pact  Schuldenbremse  economic  history  neoliberal  neoliberalism  class-warfare  squeezed  middle  class  working  class  working  poor  precarious  work  Precariat  surveillance  state  Orwellian  Privacy  Internet  Privacy  self-censorship  child  poverty  poverty  trap  food  poverty  poverty  Public  Policy  Career  Politicians  No  Representation  minimum  wage  living  wage  language  Conservative  Party  Tories  UK  trickle-down  economics  liberal  economic  reform  shared  economic  interest  economic  damage  economic  model  microeconomics  short-term  thinking  short-form  content  Gini  coefficient  mobility  income  mobility  IMF  OECD 
july 2015 by asterisk2a
Budget 2015: The return of Tina - BBC News
Tina, it would appear, is back. Forgotten Tina? The acronym for There Is No Alternative? Regularly cited by Margaret Thatcher? Thatcher? Oh, come on, it hasn't been that long since the Tories were in sole command of the UK. [ // history rhymes; Angela Merkel and her "Alternativlos." = There is No Alternative. ] George Osborne set out quite deliberately in a range of ways to suggest that there is no effective or realistic alternative to his approach. [...] It is aimed over their heads at the voters. Mr Osborne is seeking to suggest that there is a remorseless logic to his package, that only the ingrate or innumerate would oppose it.
Alternativlos  Angela  Merkel  dogma  ideology  history  Margaret  Thatcher  Career  Politicians  austerity  No  Representation  economic  history  bailout  liberal  economic  reform  neoliberal  neoliberalism  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  tax  evasion  tax  avoidance  GFC  Wall  Street  lobbyist  lobby  Lobbying  toobigtofail  TBTF  too  big  to  jail  crony  capitalism  welfare  state  Public  Services  Social  Services  added  value  job  creation  industrial  policy  education  policy  Gini  coefficient  mobility  income  mobility  downward  mobility  vocational  education  skills  gap  Future  of  Work  Software  Is  Eating  The  World  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  Aufstocker  globalisation  globalization  differentiate  differentiation  commodity  business  commoditization  borderless  flat  competitiveness  competitive  media  conglomerate  conglomerate  Lügenpresse  manufactured  consent  propaganda  populism  PR  relations  Conservative  Party  Tories  Toff  Establishment  Privileged  spin  doctor  Leadership  IMF  World  Bank  IBS  zombie  banks  George  Osborne  David  Cameron  GroKo  Germany  UK  policy 
july 2015 by asterisk2a
Budget 2015: SNP says Osborne 'taking from the poor' - BBC News
Budget 2015: SNP says Osborne 'taking from the poor'. George Osborne has been accused of being the "high priest of an austerity cult" after he set out plans to cut the welfare budget by £12bn. [...] The SNP said Mr Osborne was "taking from the poor, giving to the rich". Scottish Labour said it was a "bad budget for working families, our most vulnerable and our young people". [...] But the Chancellor said his Budget was designed to take Britain "from a low wage, high tax, high welfare economy, to the higher wage, lower tax, lower welfare country we intend to create". [ only economic industrial policy will help/incentivize to create jobs that add value - vs no multipliers in the service sector jobs (minimum wage jobs, just scrapping by, no sizable disposable income/discretionary spending) ] << "Same old Tory Budget" bbc.in/1dMStiI
budget2015  SNP  Labour  Party  austerity  ideology  dogma  Gini  coefficient  social  mobility  income  mobility  output  gap  productivity  economic  growth  added  value  industrial  policy  short-term  thinking  short-term  view  IMF  economic  history  tax  evasion  tax  avoidance  corporate  tax  rate  neoliberal  neoliberalism  liberal  economic  reform  welfare  state  Public  Services  Services  Toff  Privileged  Establishment 
july 2015 by asterisk2a
Gregor Gysi, DIE LINKE: »Sie wollen die linke Regierung in Griechenland beseitigen« - YouTube
[ "Alternativlos" & 'Jeder fuer sich selbst.' ] Die Rettungspakete galten nie den Bürgerinnen und Bürgern, sondern immer den Banken. Auch bei uns wurden 480 Milliarden Euro binnen einer Woche für die Rettung der Banken beschlossen. Wenn man mal 1 Million Euro für einen kulturellen oder sozialen Zweck braucht, dann bekommt man ein Nein, aber bei den Banken gibt es immer nur ein Ja. [...] Ich habe Ihnen zugehört, Frau Bundeskanzlerin. Ihre Rede kann ich wie folgt zusammenfassen: Die griechische Regierung hat alles falsch gemacht, und Sie, Herr Schäuble und die europäischen Institutionen, also der Internationale Währungsfonds, die Europäische Kommission und die Europäische Zentralbank, haben alles richtig gemacht. // via bit.ly/1R6V2yA
GroKo  Angela  Merkel  European  Union  bailout  Grexit  PIGS  PIIGS  EFSF  EFSM  ESM  IMF  Germany  Leadership  austerity  ideology  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  Jean-Claude  Juncker  zombie  banks  GFC  sovereign  debt  crisis  democracy  No  Representation  EuropeanSystemicRiskBoard  European  History  Rechtsruck  propaganda  manufactured  consent  Sigmar  Gabriel  solidarity  Gesellschaft  Lügenpresse  investigative  journalism  journalismus  journalism  Syriza  political  economy  political  theory  France  economic  election  campaign  promises  Protest  Partei  Protest  Party  Podemos  Career  Politicians  short-term  thinking  short-term  view  Sozialer  Abstieg  squeezed  middle  class  hartz-iv  welfare  state  Public  Services  Social  Services  fairness  Super  Rich  1%  tax  evasion  tax  avoidance  crony  capitalism  sovereignty  Troika  corporate  state  Toff  Establishment  Privileged  poverty  Gini  coefficient  mobility  UK  ChristineLagarde  political  science  political  error  political  folly  PR  relations  spin  doctor  banking  transferunion  currency  monetary  Eurobond  ECB  MarioDraghi  trichet  compromise  Politics 
july 2015 by asterisk2a
Child poverty measurement set to change - BBC News
"We are all in this together." // "In short - can a [Tory gov] that says it is governing for "One Nation" unpick the rules around measuring & cutting the # of poor children in Britain without being accused of cynicism? // &! bit.ly/1GySqhN "The plan sounds reasonable, but the purpose is to whip up confusion at a time when the poor are about to get poorer. [...] “blue-collar Conservatism”, appealing to working-class Tories who are not much interested in such abstractions as relative poverty, but can certainly be rallied against those who are felt to be living at the expense of hard-pressed taxpayers." [pitting them against each other]. &! bit.ly/1TNlpbz &! bit.ly/1x0Ghmu existential threat &! bit.ly/1BMOJtg &! bit.ly/1K9G3OE bit.ly/1QQvINd &! Scrapping £320m independent living fund - bit.ly/1SJO4wT &! bit.ly/1TFWHdg 'trickle-down doesnt work, says IMF [...] 1% & well off only buy 1 pair of jeans. power 2 implement reform? [= rebellion, not able with status quo ppl << Chris Hedges]'
KPI  measurement  child  poverty  social  mobility  education  policy  Public  Services  Services  austerity  income  mobility  UK  Gini  coefficient  IMF  OECD  David  Cameron  economic  history  Conservative  Party  George  Osborne  Iain  Duncan  Smith  DWP  Future  of  Work  No  Representation  Toff  Establishment  Privileged  fairness  gesellschaft  Zivilgesellschaft  Sozialer  Abstieg  food  poverty  poverty  precarious  Precariat  underemployed  working  poor  minimum  wage  child  tax  credit  working  tax  credit  inequality  downward  mobility  tax  free  income  opportunist  Opportunism  class  warfare  class-warfare  squeezed  middle  class  short-term  thinking  short-term  view  noise  pollution  political  economy  Career  Politicians  Tories  uncertainty  competitiveness  competitive  globalisation  globalization  civil  society  sociology  social  tension  social  cohesion  PR  relations  communication  Spin  Doctor  practical  skills  practical  skill  set  skill-biased  technological  change  vocational  education  psychology  chronic  stress  premature  ageing  health  crisis  mental  health  mental  illness  health  health  policy  democracy  minority  disability  Disabled  trickle-down  economics  bailout  recovery  toobigtofail  TBTF  too  big  to  jail  wage  growth  liberal  economic  reform  tax  tax  tax  consumeris 
june 2015 by asterisk2a
David Cameron speech: I'll end welfare merry-go-round - BBC News
Cameron thinks corporations will pay living wage instead of minimum wage & hire full-time only. &! "We are all in this together." &! punishment over incentives (personal), guidance&practical help; JSA claimants are put on private agency lists who get a referral bonus if they put them in work. Scheme, since introduction it seems, was neither a success nor failure. Numbers are kept under wraps. // "It comes amid a debate over plans for £12bn in welfare cuts, the details of which have not been revealed. [...] According to the Treasury, about 4.5 million families received child and working tax credits in 2013-4, nearly 70% of which were in some form of employment. [ flexible labour market conditions (liberal economic reforms) introduced massive rise in precarious employment ] // bbc.in/1Lrsjkj - "You identify a million people who you'd like to take £1,000 away from and I'll do it." [Speech was 4 grounding a message/theme for the cuts ahead] &! bbc.in/1J2i42h bbc.in/1K9KquD bbc.in/1N5iAxq
Career  Politicians  David  Cameron  living  wage  austerity  tax  credit  working  poor  precarious  work  Precariat  Toff  Privileged  Establishment  Sozialer  Abstieg  status  anxiety  squeezed  middle  class  poverty  in  old  age  child  poverty  food  poverty  poverty  Social  Services  Public  Services  Conservative  Party  Iain  Duncan  Smith  George  Osborne  opportunist  Opportunism  IMF  OECD  Gini  coefficient  fairness  budget  deficit  mobility  income  mobility  education  policy  DWP  policy  folly  policy  error  short-term  thinking  short-term  view  underemployed  self-employment  employability  long-term  unemployment  labour  market  labour  economics  Zero  Hour  Contract  contractor  1099  Economy  Zeitarbeit  Leiharbeit  outsourcing  low  income  tax  free  income  practical  skills  practical  skill  set  vocational  education  MOOC  e-learning  online  learning  competitiveness  competitive  Future  of  Disabled  disability  child  tax  credit  working  tax  credit  microeconomic  policy 
june 2015 by asterisk2a
Child poverty rise across Britain ‘halts progress made since 1990s’ | Society | The Guardian
bit.ly/1CkBivl &! bit.ly/1FslKpW - Our fears about child poverty in the UK are coming true: that austerity is entrenching hunger, stigma and educational exclusion. And this sort of damage lasts. &! bit.ly/1HSacAM - Welfare cuts have pushed hundreds of thousands, including more than 300,000 children, below the poverty line since 2012, despite Tory claims to the contrary. &! bit.ly/1waiv5C &! bit.ly/1yHxm6T - A Children's Commission on Poverty inquiry report reveals vividly what it looks and feels like for young people to stand out from their classroom peers because they are poor.
child  poverty  food  poverty  poverty  public  health  public  health  policy  health  crisis  sick  population  NHS  austerity  UK  welfare  state  Services  Social  Services  Gini  coefficient  mobility  income  mobility  Toff  Establishment  Privileged  David  Cameron  George  Osborne  Conservative  Party  IMF  OECD  economic  history  fairness  tax  evasion  tax  avoidance  bailout  tax  code  No  Representation  Career  Politicians  Sozialer  Abstieg  squeezed  middle  class  precarious  work  Precariat  working  poor  tax  free  income  crony  capitalism  Wall  Street  GFC  recovery  discrimination  bullying  study  cohesion  tension  Zivilgesellschaft  gesellschaft  status  status  anxiety  socioeconomic  status  status  symbol  opportunist  Opportunism  short-term  thinking  short-term  view 
june 2015 by asterisk2a
OECD: Jugendarbeitslosigkeit und viele Zeitverträge - SPIEGEL ONLINE
35 Millionen junge Menschen sind in den OECD-Staaten ohne Job oder Ausbildung. Gut steht laut einer neuen Studie allerdings Deutschland da - aber in einem Punkt haben es die Jungen hierzulande auf dem Arbeitsmarkt besonders schwer. - http://www.oecd.org/edu/oecd-skills-outlook-2015-9789264234178-en.htm // Berufsanfänger in Deutschland erhalten so häufig wie in kaum einem anderen OECD-Land nur einen befristeten Vertrag. [...] Wer einen Zeitvertrag hat, hat auch geringere Chancen, an einer Weiterbildung teilzunehmen. Im schlimmsten Fall können durch die Befristungen daher Kompetenzen verkümmern, warnt die Organisation. [...] Besserung verspricht eine frühe Förderung und der Ausbau von Kitas: Verschiedene Studien der OECD zeigen, dass Kinder, die im Vorschulalter eine Betreuungs- oder Bildungseinrichtung besucht haben, später besser lesen und rechnen. Kinder aus benachteiligten Familien profitieren besonders stark von der frühen Förderung.
education  policy  OECD  IMF  lost  decade  lost  generation  austerity  Europe  vocational  education  underinvestment  productive  investment  Career  Politicians  GFC  recovery  income  inequality  income  growth  Gini  coefficient  neoliberal  neoliberalism  inequality  policy  error  policy  folly  short-term  thinking  short-term  view  Future  of  Work  Industrial  Revolution  2.0  globalisation  globalization  borderless  flat  world  practical  skills  practical  skill  set  Software  Is  Eating  The  competitiveness  competitive  competition  precarious  Precariat  working  poor  uncertainty  Zeitarbeit  Werkvertrag  Leiharbeit  human  capital  social  mobility  income  mobility  poverty  Services  Public  Services  childcare 
may 2015 by asterisk2a
Children's centres need more funding, says Barnardo's - BBC News
"The evidence is stark: children's centre funding has been leaking away year after year, leading to the closure or merging of hundreds of these lifeline services across England," the charity concludes. Local authorities are having to make tough decisions as their budgets are reduced, says the charity. England currently has a network of about 2,800 children's centres, of which Barnardo's runs 190, providing a range of services. These include general drop-in sessions and classes for children and their families as well as specialist help for more vulnerable families, for example counselling or learning support. "Children's centres are a really good, low-key way of engaging with families and stepping in with support where it's needed," said a Barnardo's spokeswoman.
child  poverty  poverty  Social  Services  Public  Services  austerity  mobility  income  mobility  Gini  coefficient  UK  IMF  No  Representation  welfare  state 
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
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. ...
UK  productive  investment  underinvestment  austerity  IMF  recovery  infrastructure  investment  2015  David  Cameron  George  Osborne  Conservative  Party  education  policy  labour  market  labour  economics  productivity  output  gap  social  mobility  income  mobility  Gini  coefficient  inequality  income  inequality  income  growth  squeezed  middle  class  Industrial  Revolution  2.0  vocational  education  continual  education  tax  avoidance  tax  evasion  fairness  welfare  state  Services  Public  Services  social  safety  net  apprenticeships  tax  credit  macroeconomic  policy  microeconomic  policy  fiscal  policy  fiscal  stimulus  neoliberalism  neoliberal  globalisation  globalization  competitiveness  competitive  competition  precarious  work  Precariat  working  poor  working  class  Zero  Hour  Contract  contractor  outsourcing  opportunist  Opportunism  short-term  thinking  short-term  view  Career  Politicians  investment  banking  1%  Privileged  Establishment  Toff  No  Representation  policy  error  policy  folly  Germany  Schuldenbremse  Pact  Wolfgang  Schäuble  Angela  Merkel  retraining  on  job  training  John  Van  Reenen 
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
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
The Student Debt Sentence: The British Election - YouTube
'babyboomers stole their children's future' // professors and Staff on Zeitarbeit, Leiharbeit, Contracts, and Zero Hour Contracts
education  policy  babyboomers  student  loan  debt  austerity  UK  welfare  Public  Services  IMF  OECD  University  College  practical  skills  practical  skill  set  Industrial  Revolution  2.0  book  David  Cameron  Conservative  Party  Millennials  generationy  society  culture  Ivy  League  freespeech  free  speech  LSE  human  progress  social  mobility  income  mobility  Gini  coefficient  liberalism  liberal 
may 2015 by asterisk2a
Schools face cash crisis, head warns parents - BBC News
A London head teacher has written to parents warning them of a looming "financial crisis" in secondary schools in England. [...] He has urged parents to challenge general election candidates about what he called "deep and damaging" cuts. [....] His letter says that within three years many secondary schools will face having to make significant savings of up to £1m in some cases. In the letter Mr Kerr said this has been caused by increased pupil numbers as well as rises in teachers' pay and schools having to make increased employer contributions to staff pensions.
UK  austerity  Conservative  Party  education  policy  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  general  election  2015  welfare  state  social  safety  net  short-term  thinking  short-term  view  Services  Liberal  Democrats  Toff  David  Cameron  Establishment  Privileged  IMF  sovereign  debt  crisis  2015  recovery  GFC  lost  decade  lost  generation 
may 2015 by asterisk2a
NEA Raises North Of $3B For Its New Fund | TechCrunch
I consistently hear that venture groups raising capital are oversubscribed. That directly implies that the firehose of cash fueling the venture capital and technology markets has yet to abate in any meaningful sense, if at all. The music is still playing, and at a furious pace. But with interest rates at zero and NASDAQ 5,000 back in our norm, who can be surprised? Regardless of how the technology industry apportions the risk created by that level of spend, we can feel secure in the fact that the same risk is concentrated in the private sector. This helps to protect the average person from investing in something more ephemeral than a Snapchat ad. So if it all goes to hell, it’s mostly the rich kids who will take it in the gut. Viva la tech.
hunt  for  yield  ZIRP  NIRP  QE  distortion  incomplete  information  unintended  consequences  bond  bubble  equity  bubble  Private  growth  round  Mutual  Fund  Hedge  Fund  Silicon  Valley  burn  rate  economic  history  savings  glut  productive  investment  Super  Rich  1%  Wall  Street  liquidity  trap  complexity  recovery  GFC  speculative  bubbles  asset  bubble  secular  stagnation  borderless  flat  world  globalisation  globalization  Software  Is  Eating  The  output  gap  Western  productivity  STEM  Robotics  automation  algorithm  AI  artificial  intelligence  marginal  cost  3D  printing  augmented  intelligence  Share  Economy  Services  Industry  service  monetary  policy  austerity  IMF  OECD  debt  bubble  sovereign  debt  crisis  Gini  coefficient  inequality  Career  Politicians  Makers 
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
Does money affect children's outcomes? - YouTube
causal vs correlation // reduce stress and anxiety, mental health, // fairness of austerity on welfare and public social services - vs - going after (10x higher amount of savings compared to welfare cuts) tax avoidance and evasion by corporates and individuals // why isn't the IMF & OECD warning UK not to cut crucial welfare (that would widen inequality, social mobility, fairness etc) further if it already admitted that austerity for PIGS nations is not the right medicine!!??
education  policy  Public  Social  Services  child  poverty  poverty  Gini  coefficient  mobility  income  mobility  austerity  Career  Politicians  health  policy  health  UK  inequality  welfare  state  budget  deficit  fairness  general  election  2015  Conservative  Party  Liberal  Democrats  IMF  OECD  economic  history  SNP  Labour  Party 
april 2015 by asterisk2a
BBC News - IFS says worst of UK spending cuts yet to come
The IFS said that over the next four years the UK is planning the largest fiscal consolidation out of 32 advanced economies. It would mean public spending falling to its lowest share of national income since at least 1948, and fewer people working in the public sector than at any time since at least 1971. [...] The IFS said 98% of the remaining consolidation is currently planned to come from spending cuts rather than higher taxes.
austerity  economic  history  UK  general  election  2015  David  Cameron  George  Osborne  IMF  Social  Services  NHS  Public  Services 
february 2015 by asterisk2a
BBC News - Child poverty set to rise, says social mobility commission
The UK risks becoming a "permanently divided" society unless "radical new approaches" are taken by the next government, a report suggests. [...] Housing costs and youth unemployment needed to be tackled. [...] 'Relative poverty' The existing targets were put in place in 2010 by the last Labour government. Currently, a child is classed as being in relative poverty if his or her family income is less than 60% of median earnings. (Here's an explanation of how the median is worked out.) [...] The House of Commons Scottish Affairs Committee defined absolute poverty as "the lack of sufficient resources with which to keep body and soul together". "[A]bsolute child poverty increased by 300,000 between 2010-11 and 2012-13" and "independent experts expect child poverty to increase significantly over the next few years". It also says that "working poverty after housing costs is rising". 20% of Scottish children and 24% of Welsh children live in absolute poverty.
child  poverty  poverty  food  poverty  Gini  coefficient  income  inequality  income  mobility  social  mobility  downward  mobility  education  policy  Services  Career  Politicians  No  Representation  Toff  Elite  Privileged  youth  unemployment  lost  generation  tax  avoidance  tax  evasion  crony  capitalism  social  cohesion  austerity  IMF  George  Osborne  David  Cameron  working  poor  tax  free  income  squeezed  middle  class  living  wage  babyboomers  generationy  Millennials  parenthood  parenting  childhood  childhood  development  minimum  wage 
october 2014 by asterisk2a
Empire - The Promise and Peril of Democracy - Web Extra - Empire asks why democracy is in retreat - YouTube
symptoms now more evident than ever!
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october 2014 by asterisk2a
Not that negative after all - YouTube
- nbdy is taking up the money to invest in his business (increase capacity, R&D, etc etc), becs there is no demand ... what is holding up the western world is the service economy - especially in UK and USA! - and then there is one particular structural impediment in Germany et al, demographic bubble.
monetary  stimulus  monetary  policy  unconventional  monetary  policy  ECB  negative  real  interest  rate  NIRP  ZIRP  QE  TLTRO  OMT  ABS  LTRO  liquidity  trap  monetary  transmission  mechanism  business  investment  infrastructure  investment  trust  trustagent  confidence  creditcrunch  economic  history  Europe  faultlines  Structural  Impediments  deficit  imbalance  debtoverhang  deleveraging  balance  sheet  recession  PIGS  flat  world  globalization  globalisation  Exportweltmeister  Germany  BuBa  austerity  IMF  stagflation  secular  stagnation  Debt  Super  Cycle  sovereign  crisis  zombie  banks  distortion  business  business  confidence  BRIC  MINT  USA  UK  MarioDraghi  Demand  Shock  Supply  and  Demand  Demand  and  Supply  industrial  policy  manufacturing  Services  Industry  service  economy  service  recovery  GFC  2014  consumer  confidence  output  gap  productivity 
september 2014 by asterisk2a

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