asterisk2a + services + economics   60

Iain Duncan Smith: the latest MP to pretend council cuts are not his fault | Public Leaders Network | The Guardian
[ comparing gov budget and council budgets to the liking of a company or household! ] [ Iain Duncan Smith ] My only advice to local council[s] is that if you get the balance right, you should be able to manage this in a way that is not headline news – doing it with better efficiency. It is like any company, [ ... /// ... ] In the case of Enfield, which has had to make savings of £118m since 2010 – 49% in real terms according to a council spokeswoman – Duncan Smith’s proclamations are an affront. [...] Duncan Smith’s ill-informed pontifications, Taylor says, are an exercise in power without responsibility
Richard  Koo  Iain  Duncan  Smith  George  Osborne  David  Cameron  Jeremy  Hunt  nasty  party  Tories  Conservative  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Council  Public  Services  Social  Services  Police  NHS  child  protection  safety  net  welfare  state  economic  history  aggregate  demand  austerity  UK  deprivation 
march 2016 by asterisk2a
House of Lords votes to keep income-related child poverty measures | Society | The Guardian
[ trying to redefine poverty! ] Iain Duncan Smith, the work and pensions secretary, announced the proposals in July, prompting dismay among child poverty charities. He said the government would scrap its measurement of child poverty and the aim to eradicate it by 2020, while replacing it with a new duty to report levels of educational attainment, worklessness and addiction. Under his plans, the old measurement, based on the percentage of households with below-average income, would continue to be published as a government statistic but would no longer be seen as a target. However, peers voted by 290 to 198 to keep the targets, in a move to prompt the House of Commons to think again. [...] [ TRICKLE-DOWN! ] David Freud, the welfare minister, opposed the amendment on behalf of the government, saying “life chances” indicators were a better way of monitoring what was happening and of directing resources most effectively to tackle the problem.
Iain  Duncan  Smith  child  poverty  poverty  David  Cameron  George  Osborne  nasty  party  Conservative  Tories  DWP  tax  credit  working  poor  precarious  work  Precariat  education  policy  deprivation  attainment  gap  post  code  lottery  general  election  2015  Manifesto  constituency  Funding  long-term  unemployment  youth  unemployment  structural  unemployment  Toff  Westminster  Whitehall  Establishment  Privileged  ESA  vulnerable  Disabled  disability  No  Representation  austerity  Council  Social  Services  Public  Services  child  tax  credit  working  tax  credit  Zero  Hour  Contract  Contractor  low  pay  low  income  minimum  wage  apprenticeships  trickle-down  economics  neoliberalism  neoliberal  self-employment  Gini  coefficient  mobility  downward  mobility  income  mobility  recovery  job  creation  squeezed  middle  class  secular  stagnation  budget2015  budget2016 
march 2016 by asterisk2a
Services for LGBT young people will just disappear | Kirstie Brewer | Society | The Guardian
Cuts to council youth budgets are putting vital specialist provision for vulnerable youngsters in jeopardy [...] “Youth provision has always been the Cinderella service and LGBT youth provision is its poor relation,” [...] Overall, youth services directly provided by councils in England have been cut by 36% since 2011 – from £877m to £561m total expenditure, according to figures provided by Kate Green, shadow minister for women and equalities. “Councils are facing impossible decisions about youth services as the government slashes their revenue support grants by over 50%, regardless of the cost to individuals and communities,” //&! Out in the cold: LGBT housing services devastated by austerity cuts. Homelessness among gay, lesbian and transgender people is rising but the few organisations that offer help are struggling to survive - bit.ly/1R6FIyh
minority  austerity  constituency  Council  Public  Services  Social  Services  UK  LGBT  NHS  mental  health  hate  speech  hate  crime  homophobic  Homophobia  transphobia  Transphobic  Tories  nasty  party  Funding  general  election  2015  election  campaign  promises  Manifesto  babyboomers  Career  Politicians  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  tax  evasion  tax  avoidance  well  being  happiness  Police  David  Cameron  George  Osborne  education  policy  fairness  bank  bailout  GFC  Generationengerechtigkeit  housing  affordable  housing  Crisis  voter  turnout  LGBTQIASP  Transgender  Perspective  Perspektivlosigkeit  deprivation  substance  abuse  chemsex  chem  sex  chem-sex  STI  STD  health  policy  health  stigma  Conservative  Westminster  Toff  Privileged  Establishment  poverty  Gesellschaft  society 
february 2016 by asterisk2a
David Cay Johnston; How The One Percent Enrich Themselves at Government Expense, part 1 - YouTube
min 10 - gov sets the rules and rule define the civilisation and the quality of lives. // min14 - people don't want you to see and know what they are doing [...[ you need journalist who are sceptical about what the gov is saying and telling you what they do, but what the gov is actually doing >> truth tends to lead to better policy << [...] you publish when you have it, not when its good timing. // 23:40 - moral point of Super Rich and tax evasion/avoidance.Andrew Mellon. Adam Smith and the Bible: taking from the poor and giving it to the rich. is a denounced evil. you society will come to ruins. AND HERE COMES DAVID CAMERON in his christmas/new years message with CHRISTIAN VALUES! What a liar, what a hypocrite. - ind.pn/1ZqA8eh - David Cameron says Christian values make Britain successful. Why? - bit.ly/1WTGAJd &! bit.ly/1JwfUqp &! bbc.in/1ZqpPqG - << DWP Sanctions //32:40 flawed policy by flawed public understanding how the economy works and politics - disconnected from reality! -
tax  evasion  tax  avoidance  HMRC  free  press  investigative  journalism  FOI  Freedom  of  Information  Act  journalismus  journalism  tax  credit  fairness  Generationengerechtigkeit  austerity  neoliberalism  neoliberal  Super  Rich  1%  oligarchy  plutocracy  Rupert  Murdoch  Westminster  revolving  door  book  George  Osborne  David  Cameron  nasty  party  Conservative  Toff  Privileged  Establishment  No  Representation  democracy  social  democracy  progressive  tax  code  tax  code  renewable  energy  UK  gag  order  morality  moral  beliefs  squeezed  middle  class  GDP  productivity  working  poor  precarious  work  Precariat  Zero  Hour  Contract  part-time  minimum  wage  child  tax  credit  working  tax  credit  Wall  Street  profit  maximisation  shareholder  value  self-regulation  Greed  lobbyist  lobby  Lobbying  Career  Politicians  Religion  IRS  trickle-down  economics  underinvestment  public  investment  education  policy  inequality  income  inequality  health  inequality  Gini  coefficient  social  mobility  income  mobility  American  Dream  meritocracy  meritocratic  public  utility  Services  Services  USA  western  world  secular  stagnation  poverty  DWP  vulnerable  Disabled  Iain  Duncan  Smith  mental  health  NHS  Joseph  Stiglitz  Elizabeth  Warren  Pa 
january 2016 by asterisk2a
Aberdeen and Edinburgh highlighted in city economies report - BBC News
No Scottish cities were in the top 10 for "low-wage, high-welfare" economies. The 2016 report - described as a "health check" for the 63 largest UK cities - focused on Chancellor George Osborne's vow to build a "higher wage, lower welfare" economy, as set out in the Summer Budget 2015. >> It argued that nearly a million new jobs had been created in cities since 2010 - but that the average salary had also dropped by £1,300 per resident. 'High-wage, low-welfare' << [...] The think tank said the two areas' ability to attract high-skilled jobs - in the oil and professional services industries for example - was the key to their success. It argued that cities with high wages had seen faster jobs growth, with employment rising by 10% since 2010, compared with 3% in low-wage cities. [...] [ Housing Crisis across the country thus ] increased housing benefit payments.
job  creation  recovery  Service  Sector  Jobs  UK  austerity  minimum  wage  living  wage  George  Osborne  neoliberalism  neoliberal  Manufacturing  macroeconomic  policy  microeconomic  policy  low  pay  low  income  tax  credit  child  tax  credit  working  tax  credit  tax  free  income  progressive  tax  code  income  distribution  disposable  income  discretionary  spending  income  inequality  income  growth  wage  growth  secular  stagnation  globalization  globalisation  borderless  flat  world  economic  history  nasty  party  Tories  Conservative  trickle-down  economics  squeezed  middle  class  precarious  work  Precariat  wage  stagnation  income  redistribution  welfare  state  social  safety  net  David  Cameron  budget2015  budget2010  Public  Services  Services  added  value  value  creation  Housing  Crisis  affordable  social 
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
Progress on social mobility 'too slow' - BBC News
Progress on closing the gap between rich and poor pupils has not moved fast or far enough to tackle the gulf within a divided Britain, a report says. [...] 'Stronger economy' A government spokesman said it was committed to an "all-out assault on poverty". "Our investment in childcare is helping parents get into work and give their children the best start in life, while the pupil premium and school reforms are ensuring every child gets a good education." The spokesman said work was the best way out of poverty, adding that the number of workless households was at a record low.
education  policy  Gini  coefficient  inequality  social  mobility  UK  income  mobility  Public  squeezed  middle  class  Precariat  working  poor  poverty  child  poverty  poverty  trap  Super  Rich  1%  austerity  fairness  Generationengerechtigkeit  neoliberalism  neoliberal  trickle-down  economics  Tories  Conservative  Party  nasty  Makers  policy  error  policy  folly  corporate  tax  rate  working  tax  credit  child  tax  credit  tax  credit  tax  free  income  budget2015  George  Osborne  David  Cameron  tax  evasion  tax  avoidance  budget  deficit  corporate  welfare  subsidies  subsidizing  underinvestment  Public  Services  health  inequality  post  code  lottery  Services  Council  class  warfare  working  class  consumer  debt  household  debt  recovery  job  creation  Service  Sector  Jobs  GFC  productivity  output  gap 
december 2015 by asterisk2a
Adult social care outlook 'bleak', warns think tank - BBC News
The future for adult social care services in England "looks bleak", a think tank has warned. Chancellor George Osborne announced measures in his Spending Review that would lead to a rise in care budgets. But the International Longevity Centre said that would only "paper over the cracks" and suggested 1.8 million people had unmet needs for care. A government spokesman said authorities now have access to an extra £3.5bn to provide care for vulnerable people. In last month's spending review, Mr Osborne said he was protecting social care budgets by allowing local authorities to raise council tax by 2% and increasing the amount of money available for the Better Care Fund, a joint pot of money used by councils and the NHS to support care services. The report by ILC-UK said data from 326 councils indicated that the areas with the highest concentrations of elderly people would be the least able to raise extra funds. [ AND ALSO THE POOR/DEPRIVED AREAS! ]
adult  social  care  elderly  care  demographic  bubble  ageing  population  OAP  NHS  Public  Services  Services  Council  austerity  budget2015  George  Osborne  constituency  general  election  2015  election  campaign  promises  Manifesto  health  policy  health  sick  population  health  crisis  premature  ageing  health  care  health  care  budget  health  care  spending  A&E  Tories  nasty  party  Conservative  CQC  Toff  Privileged  Establishment  Privatisation  trickle-down  economics  neoliberalism  neoliberal  Makers  vulnerable  Disabled  social  safety  net  welfare  state  Gini  coefficient  inequality  health  inequality  post  code  lottery  David  Cameron  Jeremy  Hunt 
december 2015 by asterisk2a
Malnutrition causing thousands of hospital admissions - BBC News
"We often see parents who are going without food so that they can feed their children, and these parents often struggle to afford enough nutritious food for their children too." He said the Trust did not believe anyone should have to go hungry in the UK, and was working with the public, charities and politicians to "find solutions to the underlying causes of food poverty". [...] "Eating and drinking well is critical when it comes to staying healthy and independent, yet this can become more difficult as we get older. [...] She said people were making choices about whether to pay a bill or feed the family. [...] quite often by the time they come through our doors and need to be admitted, the damage is already done.
food  poverty  UK  childhood  obesity  childhood  development  childhood  child  poverty  Gini  coefficient  income  mobility  social  mobility  education  policy  post  code  lottery  welfare  state  social  safety  net  prevention  NHS  intervention  public  health  public  health  policy  austerity  budget2015  nasty  party  Tories  vulnerable  Disabled  Conservative  No  Representation  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Bank  Big  Society  elderly  care  chronic  diseases  chronic  low-grade  inflammation  Services  Services  OAP  loneliness  child  tax  credit  tax  credit  working  tax  credit  working  poor  low  pay  Precariat  Wertegesellschaft  Gesellschaft  poverty  poverty  in  old  age  poverty  trap  David  Cameron  George  Osborne 
november 2015 by asterisk2a
Warren Buffett Crushes Republicans On Taxes - YouTube
Not having a voice. No being heard. // Empört Euch! (German) Perfect Paperback – Feb 2011 by Stéphane Hessel
moral  imperative  morality  Super  Rich  1%  capital  gains  tax  capital  gains  income  tax  income  distribution  income  redistribution  infrastructure  investment  underinvestment  budget  deficit  fairness  democracy  No  Representation  Career  Politicians  austerity  tax  evasion  tax  avoidance  corporate  tax  rate  crony  capitalism  capitalism  Wall  Street  shareholder  value  profit  maximisation  exploitation  lobbyist  lobby  Lobbying  revolving  door  corruption  bribery  Party  Funding  USA  secular  stagnation  Niall  Ferguson  public  investment  Gini  coefficient  income  inequality  income  mobility  social  mobility  American  Dream  progressive  white-collar  crime  squeezed  middle  class  globalization  globalisation  flat  world  borderless  plutocracy  oligarchy  Sozialer  Abstieg  Millennials  Generationengerechtigkeit  generationy  corporate  welfare  subsidies  subsidizing  corporate  scandal  corporate  state  corporate  media  Polarisation  propaganda  populism  corporate  culture  corporate  values  corporate  governance  corporate  social  responsibility  Services  Services  dogma  ideology  neoliberalism  neoliberal  Greed  GFC  recovery  trickle-down  economics  bank  bailout  society  Gesellschaft  Wertegesellschaft  Rebellion  social  uprising  Richard  Wolff  Robert  Reich  Joseph  Stiglitz  inequality  stagnation  class 
october 2015 by asterisk2a
Global Capitalism: September 2015 Monthly Update - YouTube
Private Education (Charter Schools) that get public money, without the public being involved in decision-making how to spend that public money ... were outlawed/illegal, by Seattle Judges 6-2. //&! Tax exception of universities. Yale (4th richest uni of USA with 20bn in endowments) is being subsidized by people of the 7th poorest state. no property tax (largest land owner & employer in New Haven (Connecticut)). Public Services (Fire, Police, Hospitals) & Infrastructure. //&! min 41 Greg Mankiw: carbon tax would discriminate (burden too much) the middle class & poor with no wage growth last 30 yrs in disposable income vs corporates, well off, Super Rich, 1%. Rebuttal: tax more progressively those who can afford it. The crux of a carbon tax & tobin tax, setting it nationally, corporate lobby that it "will" be anti-competitive. Destroy Jobs. // 47:35 Science & Money. 1:09:20 Hegemony 1:22:20 public transport, US dogma; THE CAR! Committed 2 Private Free Enterprise. << Ideology. LA traffic
USA  income  distribution  income  redistribution  tax  code  lobbyist  lobby  Lobbying  inequality  Gini  coefficient  capital  gains  tax  capital  gains  tax  avoidance  tax  evasion  morality  taxpayer  income  tax  budget  deficit  neoliberalism  neoliberal  Public  Services  fairness  society  Gesellschaft  social  tension  social  cohesion  Super  Rich  1%  Wertegesellschaft  democracy  minority  majority  carbon  tax  carbon  trading  scheme  carbonemission  carbonfootprint  emissions  VAT  tax  progressive  coldprogression  kalte  Progression  income  inequality  American  Dream  income  mobility  social  mobility  tobin-tax  tobin  tax  conglomerate  heavy  industry  competitive  competitiveness  corporate  tax  rate  G  Zero  climate  change  global  warming  Policy  Makers  Generationengerechtigkeit  austerity  Monsanto  Monsanto  Protection  Act  food  industry  Hegemony  China  creditor  debtor  AIIB  TTIP  TPP  NAFTA  CETA  trade  agreement  self-regulation  regulation  regulators  oversight  accountability  ideology  dogma  free  market  transportation  transportation  underinvestment  infrastructure  investment  UK  TISA  BRIC  trickle-down  economics  economic  history  academia  academics  macroprudential  macroeconomic  microeconomic  commuting  productivity  output 
october 2015 by asterisk2a
Tax credits: SNP and Conservative MPs clash over government cuts - YouTube
Natalie McGarry, the SNP's shadow disabilities spokesperson, and Conservative MP Chris Philp, a member of the Treasury Select Committee, debate the government's tax credit cuts.
tax  credit  child  tax  credit  working  tax  credit  Tories  Conservative  Party  nasty  child  poverty  poverty  poverty  trap  food  poverty  dogma  ideology  general  election  2015  election  campaign  promises  welfare  state  corporate  welfare  tax  avoidance  tax  evasion  fairness  crony  capitalism  capitalism  income  distribution  income  redistribution  marginal  propensity  to  consume  austerity  democracy  Career  Politicians  No  Representation  social  contract  SNP  Devolution  bedroom  tax  class  warfare  low  pay  job  creation  skills  gap  Gini  coefficient  income  mobility  social  mobility  social  safety  net  Westminster  education  policy  post  code  lottery  deprivation  Perspective  Perspektivlosigkeit  recovery  job  market  labour  market  labour  economics  Service  Sector  Jobs  Niedriglohnsektor  precarious  work  Precariat  general  election  2020  working  poor  secular  stagnation  wage  stagnation  wage  growth  minimum  wage  income  growth  low  income  Sozialer  Abstieg  kalte  Progression  coldprogression  2015  productivity  output  gap  George  Osborne  David  Cameron  DWP  vulnerable  Disabled  NHS  Police  Services  Public  Services  GFC  bank  bailout  budget  deficit  corporate  tax  rate  subsidies  subsidizing  short-term  constituency 
october 2015 by asterisk2a
Doctors, teachers, the police – public servants are demoralised | Will Hutton | Comment is free | The Guardian
To toil in the present-day NHS is thankless. [...] Whatever its merits, a workforce whose morale is already low sees it as yet more evidence that professionals’ views don’t count. Morale takes a further downward lurch. [...] Thus by 2020, the government will have imposed an unprecedented 10-year freeze in real pay across the public sector, shrunk its numbers by more than 1.5 million and offered as little upward career progression to public employees as it possibly can. A new industry of private contractors feeding off contracted-out public work will have been invented, offering even worse pay and conditions than the public sector itself. To raise taxes that might alleviate the crisis is ideologically prohibited. [...] Employees are voting with their feet. Between November 2013 and November 2014, 49,120 teachers quit – the highest rate on record. Nearly four in 10 newly qualified teachers leave after their first year. [...] [ Met warned less police officers on street ]
austerity  NHS  Public  Services  Social  Services  elderly  care  education  policy  post  code  lottery  neoliberalism  neoliberal  Privatisation  safety  net  welfare  state  Wertegesellschaft  society  Tories  nasty  party  Conservative  Toff  Privileged  Establishment  Entitlement  dogma  ideology  inequality  Gini  coefficient  mobility  income  mobility  poverty  child  poverty  poverty  trap  working  poor  Precariat  Police  fairness  Generationengerechtigkeit  tax  evasion  tax  avoidance  corporate  scandal  deprivation  Perspektivlosigkeit  corporate  welfare  Wall  Street  shareholder  value  profit  maximisation  budget  deficit  Rechtsruck  No  Representation  Career  Politicians  democracy  bank  bailout  recovery  GFC  trickle-down  economics  corporate  tax  rate  trust  community  contract  political  theory  babyboomers  Millennials  generationy  generation  rent  Polarisation  corporate  state  corporate  media  Manufacturing  service  sector  Bernie  Sanders  lobbyist  lobby  Lobbying  vested  interest  interest  groups  Jeremy  Corbyn  Labour  general  election  2020  George  Osborne 
october 2015 by asterisk2a
SNP conference: John Swinney to give Scottish councils business rate powers - BBC News
[ so who is actually going to pay tax? to repair roads, winder service, replace street lights, clean the city, police, NHS, ... to fund councils budgets that are already deep in the red and are cut further over the next 5 years. Public libraries, pools, social care, etc etc. dismantling britian. framing it as job creator. as if tax cuts create demand! lol. its a race to the bottom. ] Colin Borland, the Federation of Small Businesses' (FSB) head of external affairs in Scotland, said it was good news that cutting the cost of doing business was "at the heart of the deputy first minister's message". He said: "If used appropriately, these powers could give local economies a welcome boost and it will be interesting to see how many hard-pressed councils will be able to take advantage of them." UK Chancellor George Osborne has promised local authorities in England more flexibility over business rates by 2020.
corporate  tax  rate  neoliberalism  neoliberal  Devolution  George  Osborne  SNP  Scotland  England  Wales  Northern  Ireland  corporate  welfare  subsidies  subsidizing  austerity  Public  Services  Social  Services  budget2015  budget  deficit  elderly  care  Big  Society  deprivation  community  Wall  Street  profit  maximisation  shareholder  value  trickle-down  economics  economic  history  UK  fiscal  policy  monetary  policy  Richard  Koo  debtoverhang  household  debt  private  debt  consumer  debt  tax  code  tax  free  income  aggregate  demand  Supply  and  and  Supply  credit  card  debt  credit  card  mortgage  market  Super  Cycle  debt  servitude  PR  spin  doctor  Positioning  Tories  Conservative  Party  dogma  ideology  nasty  reframing  framing  academia  academics  Niall  Ferguson  secular  stagnation  western  world  fairness  GFC  Generationengerechtigkeit  babyboomers  constituency  vested  interest  interest  groups  lobbyist  lobby  Lobbying  Makers 
october 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
Number of workers on zero-hours contracts up by 19% | UK news | The Guardian
Office for National Statistics says number of people reporting that they work on contracts with no minimum hours has risen to 744,000 [...] “The effect of zero-hours contracts on market behaviour and outcomes is thus likely to be greater than their incidence might suggest.” He also said that more employers would stop offering full-time permanent contracts to avoid paying the steep rise in the national living wage for the over-25s that comes into force next April. “In an otherwise very lightly regulated UK labour market the forthcoming large hike in the minimum wage when the national living wage (NVL) is introduced next year might act as a further incentive to employers to increase their use of zero-hours contracts – which are already very prevalent in sectors where the NVL will bite hardest - in order to minimise the impact on total labour costs.” [ study shows ppl are worse of, much more worse off ] &! Zero-hours contracts offered to 'a quarter of all unemployed' - bit.ly/1Nn9yiT
UK  working  poor  tax  credit  child  tax  credit  working  tax  credit  tax  code  Zero  Hour  Contract  Contractor  precarious  work  Precariat  labour  market  neoliberalism  neoliberal  deregulation  Wall  Street  on-demand  Marketplace  shareholder  value  profit  maximisation  living  wage  national  living  wage  minimum  wage  budget2015  George  Osborne  Tories  Toff  Privileged  Establishment  Conservative  Party  austerity  fairness  Generationengerechtigkeit  job  creation  labour  economics  manual  labour  Service  Sector  Jobs  Services  Industry  economy  recovery  disposable  income  discretionary  spending  exploitation  poverty  trap  child  poverty  poverty  food  poverty  2015  wage  stagnation  wage  growth  secular  stagnation  deflationary  deflation  squeezed  middle  class  Sozialer  Abstieg  income  mobility  social  mobility  Gini  coefficient  GFC  part-time  underemployed  globalization  globalisation  self-regulation  lobbyist  lobby  Lobbying  regulation  regulators  Workers  Union  insecurity  uncertainty 
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
Jobseeking Surrounded By Fictions, Myths And Convenient Narratives | Welfare Weekly
It is worth remembering that the origin of the social welfare payments by the state was to stop these kinds of moral judgements being made about a deserving and an undeserving poor. The state officially supports the stereotype of sympathy for the ‘deserving poor’ and scorn for the near criminality on the part of ‘scroungers’. [...] unemployed people are forced to drink this [Tories] cool-aid or face destitution. [...] Underlying all this is the deeper fiction that individuals are responsible for their own state of unemployment. [...] There is a broader change in the world of work, - neo-liberalism - whereby the rules developed at the height of the industrial revolution are now fully circumvented by employers [...] transfer the risk and responsibility around labour from the organisation (and state - ie keeping national workforce competitive through various means of education) to the individual. [...] leading 2 lowest common denominator regulation. [short-term, price fight, dereg]
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august 2015 by asterisk2a
Iain Duncan Smith criticises employers over disability employment gap | Society | The Guardian
Experts welcome emphasis on improving support for jobless disabled people who want to work but say speech was light on detail [...] The work and pensions secretary, Iain Duncan Smith, said in a speech on Monday that he wanted to halve the employment gap between disabled and non-disabled people by reforming the incapacity benefit assessment system and improving the levels of support for jobless disabled people who wanted to work. [...] In the speech, which members of the media were not allowed to attend, // << PR, spin to justify to reduce payment for ESA, disability and sickness payments - in the future - to JSA levels (which u hardly can survive long on). They already cut ESA work related activity group to JSA level. Plus their neoliberal policy take, that employees should have to pay into their own unemployment fund. Dismantling step by step the welfare, public service & social service Europe is known for & which actively reduces poverty trap and inequality. // Equality Act 2010
Iain  Duncan  Smith  Disabled  DWP  job  market  labour  economics  labour  market  job  creation  crony  capitalism  capitalism  neoliberalism  neoliberal  vulnerable  welfare  state  Public  Services  Social  Services  austerity  PR  spin  doctor  budget2015  JSA  ESA  disability  Gini  coefficient  downward  mobility  income  mobility  education  policy  vocational  education  professional  education  George  Osborne  David  Cameron  Tories  Conservative  Party  Toff  Privileged  safety  net  Establishment  inequality  Student  Maintenance  Grant  Maintenance  Allowance  fairness  Generationengerechtigkeit  stigma  HR  human  resources  hiring  mental  health  mental  illness  Equality  Act  2010  discrimination  discrimination 
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
Sex trafficking: Lifelong struggle of exploited children - BBC News
In the US, poverty, deprivation and exploitation draws thousands of its own children down into a dark underworld that offers few ways out. [...] The FBI says child sex abuse is almost at an epidemic level, despite the agency rescuing 600 children last year. [...] "Trafficking" often conjures images of people from other countries being smuggled over land and across the sea and then forced to work against their will in foreign lands. People are trafficked into America from Mexico, Central and South America. But the vast majority of children bought and sold for sex every night in the United States are American kids. We have heard from a number of women from the East coast to the Mid-west who have frighteningly similar and horrific stories. Neglected, abused, exploited and often ignored starting from a young age - sometimes even prosecuted by the very people who should have protected them.
USA  Human  Trafficking  sex  poverty  child  poverty  poverty  trap  Gini  coefficient  post-racial  America  Prostitution  pedophilia  sex  work  sex  worker  deprivation  Perspective  welfare  state  social  safety  net  Public  Services  Services  neoliberalism  neoliberal  trickle-down  economics  education  policy  inequality  gender  inequality  American  Dream 
july 2015 by asterisk2a
George Osborne will spend more than ever. Don’t be fooled by his ‘40% cuts’ | Simon Jenkins | Comment is free | The Guardian
The chancellor is not cutting the cost of the public sector – he just wants a different one. But even then, expect costs to balloon // he wants to outsource services with an aim to save money. but as the welfare reform has showed, this often does not save money, does not increase efficiencies, and actually cost in terms of (quality and speed of) service delivered to tax payer - what they paid for - compared to in-house solutions. Offshore companies do bid low to get contract, save on every corner, on staff pay, and incentivize employees with bonuses targeted towards short-term goals and no shared economic interest. After all its a corporate entity with profit maximization in mind and shareholder value in mind - only!
outsourcing  Public  Services  Social  Services  welfare  state  budget2015  Tories  neoliberalism  neoliberal  liberal  economic  reform  Conservative  Party  George  Osborne  David  Cameron  DWP  Iain  Duncan  Smith  shared  economic  interest  economic  model  economic-thought  trickle-down  economics  economic  history  fairness  Privatisation 
july 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
Joseph Stiglitz: It’s Time to Get Radical on Inequality - YouTube
Nobel laureate Stiglitz, author of The Price of Inequality and The Great Divide, studies the forces driving inequality and what is at stake if it continues. In his view, bad economic thinking deserves part of the blame — fanciful ideas like trickle-down and the notion that economists should try to increase the size of the economic pie and let the politicians worry about distribution. On the contrary, Stiglitz sees distribution as a problem economists must confront. He warns that an economic system that doesn’t raise standards of living for most Americans is a failure. [...] monopoly rent = too big to fail/tbtf (bailout) == cost to society/economic damage == where was antitrust!? monopolies are less productive & costly eventually in the long-term. rent exploitation through lobby! [...] this is bad for everyone, rising inequality, lower inequality is an econ multiplier // &! The Great Divide with Joseph Stiglitz and Robert Reich - youtu.be/e3aJxy9tA-w &! youtu.be/U-oEjFKCp00 NEET
inequality  income  inequality  gender  inequality  Gini  coefficient  social  mobility  downward  mobility  income  mobility  working  tax  credit  child  tax  credit  tax  code  capital  gains  fairness  income  distribution  capital  gains  tax  earned  income  tax  tax  avoidance  tax  evasion  corporate  tax  rate  tax  free  income  tax  credit  welfare  state  Public  Services  Services  austerity  trickle-down  economics  economic  model  economic  history  book  Privileged  progressive  kalte  Progression  coldprogression  wealth  distribution  academia  academics  neoliberal  neoliberalism  liberal  economic  reform  precarious  work  working  poor  poverty  trap  child  poverty  well  being  education  policy  vocational  education  skills  gap  paternity  leave  maternity  leave  gender-based  discrimination  gender  equality  Women  in  Tech  STEM  added  value  value  creation  shared  economic  interest  economic  damage  microeconomic  policy  economic  growth  disposable  income  discretionary  spending  Thomas  Piketty  Joseph  Stiglitz  josephstiglitz  Gesellschaft  social  tension  social  cohesion  society  uncertainty  insecurity  Career  Politicians  savings  rate  job  creation  labour  market  labour  economics  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  living  wage  Contractor  Zero  Hour  Contract  Leiharbeit  Zeitarbeit  exploitation  Wall  Street  profit  maximisation  shareholder  value  crony  interest  interest  capitalis 
july 2015 by asterisk2a
Inequality and the Challenge of Employment - New Economic Thinking - YouTube
intrinsic motivation, fairness, social animal - social comparison (is encoded into the brain) - status anxiety // self-interest mostly wins over ethics/moral values? // trust between principle & agent // org structure and inventive - ie bonus variable attracts more selfish people and risk takers // justice and fairness is critically important - not only in orgs but also democracies //&! Natural rate theory (equilibrium) - service sector jobs (unskilled manual labour jobs) w minimum wage and not higher. and flexible wages with no minimum wage (USA) create working poor/inequality. institutional change - economists are not just analysts they also affect policy makers (think tanks). // austerity hurts equality/social mobility = economic long-run damage to potential (thus output gap and productivity loss) - lack of supply of able workforce to create added value products & services. trickle-down not helping. //&! tax code unfair, lower capital gains tax than on earned (labour) income
inequality  Gini  coefficient  social  mobility  income  mobility  intrinsic  motivation  fairness  human  resources  HR  management  people  management  well  being  philosophy  Alain  de  Botton  happiness  index  Selbstfürsorge  self-awareness  self-actualization  Maslow  socioeconomic  status  status  anxiety  social  status  workplace  work  environment  beyond  workplace  drama  chronic  stress  shareholder  value  profit  maximisation  shared  economic  interest  economic  damage  wage  growth  income  growth  income  gap  gender  pay  gap  glass  ceiling  glass  cliff  gender-based  discrimination  gender  inequality  trust  labour  economics  labour  market  microeconomic  policy  behavioral  economics  Organizational  behavior  organization  skill-biased  technological  change  job  market  minimum  wage  living  wage  equilibrium  sticky  wages  liberal  economic  reform  neoliberal  neoliberalism  underemployed  Workers  Union  macroeconomic  policy  unemployment  skills  gap  education  policy  vocational  education  poverty  trap  student  debt  student  loan  downward  mobility  welfare  state  Higher  income  inequality  Privileged  Middle  Class  Sozialer  Abstieg  squeezed  Public  Services  Services  child  poverty  poverty  American  Dream  output  gap  potential  output  added  value  value  creation  capital  skills  human  capital  dehumanisation  subhuman  trickle-down  economics  dogma  ideology  austerity  policy  error  policy  folly  UK  state  capital 
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 ]
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july 2015 by asterisk2a
BBC iPlayer - Newsnight - 08/07/2015
"Comprehensive analysis of the Budget with Evan Davis and guests." // During the election David Cameron said child tax credit/benefit was off the list of welfare spending cuts. - broken election campaign promise // --- SHOULD BE (Labour Party Policy for next election):: make work pay and eliminate child poverty AND help people (everyone) w education and support to find better and more gainful work that lift them and the economy by producing added value products. // no path to higher wages, no path to higher productivity, no path to added value British Products export increase (manufacturing, research, STEM, ...) // low wage jobs have no to very little economic multiplier ... take into account tax credits etc and it is net-negative for state and the council //
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july 2015 by asterisk2a
The Tory budget plan to cut tax credits – is it naive or just plain cynical? | Politics | The Guardian
[// If the Toff thinks firms will pay living wage & will not try to skirt around, he is intellectually a fraud & a cynic. //] [...] [P]roclaiming his renewed determination 2 take 12bn more out of the 220bn benefits bill, Osborne is being dishonest in an Alex Salmond sort of way. He & Dave have again ringfenced the £95bn pensioners share of the bill (state pensions plus perks like free TV licences), which is by far the largest component. Why? Pensioners bother to vote. They also retain the quaint old habit of buying newspapers. The Tory newspapers support pensioner perks. [ No Leadership, opportunistic, ... ] &! bit.ly/1KIQ4Tg Greek turmoil offers Osborne justification for his dictum of austerity [...] UK Manufacturing just 10% of Economy, oil capital shrinking, &! We are all in this together ... he pits each against each other for his agenda, ideology, dogma of the small state &free market while bailing out crony capitalism &zombie banks &treating them all same as if nothing happened
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july 2015 by asterisk2a
Arbeitsmarkt: Prekäre Beschäftigung belastet Privatleben - SPIEGEL ONLINE
Leiharbeiter, Minijobber und Teilzeitbeschäftigte müssen nicht nur mit geringem Einkommen vorlieb nehmen. Die Berufssituation wirkt sich einer Studie zufolge auch negativ auf ihr Privatleben aus. Besonders bei Frauen. [...] Dabei betrachten die Forscher atypische Beschäftigung nicht pauschal als Teufelswerk, betonen aber den zwiespältigen Charakter: Während Arbeitnehmer befristete Stellen und Leiharbeit ganz überwiegend unfreiwillig und mangels alternativer Angebote übernähmen, sehe das bei Teilzeit- oder Minijobs auf den ersten Blick teilweise anders aus. Insbesondere Frauen entschieden sich häufig bewusst für einen solchen Job, um mehr Zeit für die Familie zu haben. Doch selbst wenn es sich "oberflächlich betrachtet" um eine freiwillige Wahl handele, steckten dahinter oftmals "strukturelle Zwänge", wie etwa fehlende Möglichkeiten der Kinderbetreuung oder die geringe Bereitschaft der Arbeitgeber, den Bedürfnissen von Familien Rechnung zu tragen.
precarious  work  Precariat  underemployed  Zeitarbeit  Leiharbeit  Minijob  minimum  wage  living  wage  gender  inequality  Gesellschaft  Sozialer  Abstieg  squeezed  middle  class  uncertainty  Existenzangst  hartz-iv  liberal  economic  reform  labour  market  labour  economics  Universal  Basic  Income  happiness  index  social  safety  net  welfare  state  tax  credit  tax  code  tax  free  Public  Services  Services  Schuldenbremse  austerity  Fiscal  Pact  chronic  stress  poverty  child  poverty  food  poverty  poverty  in  old  age  social  mobility  mobility  vocational  education  Gini  coefficient  Germany  mental  health  mental  illness  Oxidative  stress  health  health  policy  child  care  atypical  employment  structural  unemployment  long-term  unemployment  unemployment  microeconomic  policy  burnout  sociology  class  warfare  Soziale  Marktwirtschaft 
june 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
UK firms used 1.8m zero-hours contracts, says ONS
bit.ly/1JwCXEk &! bit.ly/1vyV6wH - Almost 700,000 people in UK have zero-hours contract as main job Figures show staff deals with no guaranteed hours have risen 26% since last year with number of such contracts jumping from 1.4m in 2013 to 1.8m &! bit.ly/1OuHw6o &! on.ft.com/1JwD5no - The use of zero-hours contracts varies dramatically by sector for the economy, with 53 per cent of accommodation and food services companies using them, compared with just 3 per cent of information and finance companies. Part of the difference between the two official estimates is due to people who had more than one zero-hours contract with different employers or those who had a zero hours contract to supplement their main employment, but it highlights the difficulty in producing a reliable estimate of how many people are working under such terms and conditions.
Zero  Hour  Contract  neoliberal  neoliberalism  liberal  economic  reform  austerity  labour  market  labour  economics  working  poor  poverty  precarious  work  Precariat  uncertainty  chronic  stress  work  environment  crony  capitalism  human  capital  exploitation  short-term  thinking  short-term  view  Wall  Street  profit  maximisation  shareholder  value  Niedriglohnsektor  Service  Sector  Jobs  economy  Services  Industry  Workers  Union  minimum  wage  living  wage 
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
Bank of England says UK economy to grow by 2.5% in 2015 - BBC News
Mr Carney warned of "underlying weakness" as the Bank gave a gloomier picture for productivity growth. The Bank revised down its productivity forecast because it sees a disproportionate number of new jobs as low-skilled and low-output. Productivity growth is now expected to improve only modestly in the coming year before remaining below past average rates. 'Underinvestment' "Today's report should leave nobody in any doubt about the fundamental role of productivity growth in the UK economy's performance," said Aberdeen Asset Management chief economist Lucy O'Carroll. "The Bank of England has downgraded its growth outlook, and Mark Carney has put poor productivity right at the centre of the story. "He may have put part of the productivity disappointment of recent years down to a disproportionate pick-up in low-productivity jobs, but he has also admitted that underinvestment has played a role." [...] [+ EU&Global (China) headwinds] = in no rush to raise interest rates. &! bbc.in/1RIb9Ah
productivity  UK  job  creation  labour  market  labour  economics  Niedriglohn  Niedriglohnsektor  Services  Industry  service  industrial  policy  structural  imbalance  Impediments  output  gap  recovery  working  poor  squeezed  middle  class  USA  precarious  work  Precariat  self-employment  contractor  Zero  Hour  Contract  outsourcing  borderless  flat  world  globalisation  globalization  competitiveness  competitive  competition  Manufacturing  Career  Politicians  short-term  thinking  short-term  view  economic  history  GFC  dot.com  productive  investment  hunt  for  yield  asset  allocation  ZIRP  NIRP  QE  unintended  consequences  speculative  bubbles  speculative  speculation  ecosystem  education  policy  vocational  education  continual  education  underemployed  employability  long-term  unemployment  structural  unemployment  Revolution  2.0  entrepreneurial  entrepreneurship  Start-up  SME  SMB  Mittelstand  Software  Is  Eating  The  Share  Economy  service  Sector  Jobs  2015  sociology  trust  advice  psychology  anxiety  secular  stagnation  deflationary  digital  knowledge  sharing  shadow  1099  Economy  New  Economy  Venture  Capital  wantrepreneur  Year  of  Code  practical  skills  practical  skill  set  of  economics  of  apprenticesh 
may 2015 by asterisk2a
The Best and Worst Places to Grow Up: How Your Area Compares - NYTimes.com
[ nurture over nature ] via https://news.ycombinator.com/item?id=9485850 // &! http://www.nytimes.com/2015/05/04/upshot/an-atlas-of-upward-mobility-shows-paths-out-of-poverty.html via https://news.ycombinator.com/item?id=9485850 "Based on the earnings records of millions of families that moved with children, it finds that poor children who grow up in some cities and towns have sharply better odds of escaping poverty than similar poor children elsewhere. The feelings heard across Baltimore’s recent protests — of being trapped in poverty — seem to be backed up by the new data. Among the nation’s 100 largest counties, the one where children face the worst odds of escaping poverty is the city of Baltimore, the study found. [...] How neighborhoods affect children “has been a quandary with which social science has been grappling for decades,” [...] “This delivers the most compelling evidence yet that neighborhoods matter in a really big way.” &! Obama on Letterman - bit.ly/1zxFZWn
social  mobility  downward  mobility  income  mobility  childhood  development  childhood  Gini  coefficient  education  policy  Services  Public  Services  welfare  state  social  safety  net  inequality  Career  Politicians  sociology  child  poverty  poverty  food  poverty  squeezed  middle  class  social  study  social  cohesion  social  society  human  capital  post-racial  America  social  discrimination  racial  discrimination  ethnic  discrimination  No  Representation  short-term  thinking  short-term  view  generational  change  lost  generation  lost  decade  income  inequality  Makers  childcare  parenthood  parents  parenting  economics  trickle-down  economics  microeconomics  microeconomic  policy  Baltimore  Ferguson 
may 2015 by asterisk2a
After Your Job Is Gone | TechCrunch
Future  of  Work  Mobile  Creatives  Mobile  Creative  Software  Is  Eating  The  World  Robotics  autonomous  car  self-driving  cars  algorithm  automation  first  homescreen  phone  Peak  Peak  Jobs  self-employment  Zero  Hour  Contract  contractor  precarious  Precariat  working  poor  crony  capitalism  shareholder  value  profit  maximisation  globalisation  globalization  borderless  flat  competitiveness  competitive  competition  freelance  freelancing  competitive  advantage  education  policy  Share  Economy  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  industry  Services  on-demand  convenience  austerity  Universal  Basic  Income  welfare  welfare  state  social  safety  net  minimum  wage  living  wage  Makers  Career  Politicians  protectionism  Uber  public  transportation  transportation  AirBnB  Postmates  Lyft  disposable  squeezed  middle  class  social  cohesion  democracy  No  Representation  Wall  Street  outsourcing  1099  Economy  3D  printing  industrial  policy  Manufacturing  Mittelstand  SME  SMB  Leadership  Programming  STEM  Bulimie  lernen  online  learning  e-learning  Google  vocational  education  Sozialer  Abstieg  Soziale  Marktwirtschaft  marginal  cost  economics  of  economics  economics  abundanc 
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
Uber, the Rashomon | PandoDaily
[ low skill, routine job ] When an Uber glides to its appointed pickup point, what do we see? Do we see an innovator hastening the inexorable shift to a new information-based economy? Or an arrogant bully using cheap capital, greed, and a dangerous, misogynist culture of convenience to consolidate a trillion dollar market? Or do we see both? [...] I’m sure pure Uber defenders exist, but the truth is, most of us are worried about the sheer expression of capitalistic force that the company represents. [...] Uber is the poster child for our global conversation about the role of work in our society, and about the kind of company we want to create, work at, and celebrate. [SV] its male-dominated, aggressive philosophy of “breaking things fast” and “asking for forgiveness rather than permission.” Uber feels inevitable — a uniquely of-the-moment company, a mirror held up to the Valley’s aggregate psyche.
Uber  Capitalism  Share  Economy  self-employment  Zero  Hour  Contract  contractor  outsourcing  precarious  work  Precariat  working  poor  Service  Sector  Jobs  Services  Industry  convenience  disposable  income  disrupting  markets  disruption  marketplace  efficiencies  marketplace  information-based  Big  Data  analytics  Travis  Kalanick  Silicon  Valley  public  transportation  transportation  workplace  work  environment  labour  market  labour  economics  Future  of  job  security  job  creation  1099  Economy  Wall  Street  profit  maximisation  short-term  thinking  short-term  view  shareholder  value  mono  culture  asshole  culture  asshole  game  monoculture  jock  culture  Campus  Software  Is  Eating  The  World  social  entrepreneurship  accountability  Niedriglohn  Niedriglohnsektor 
april 2015 by asterisk2a
Mark Hatch & Thomas Kalil | Studio SX | SXSW ON - YouTube
min 8:30 // by 2030, 50% of the employment will be self-employed, contractors, freelancers, consultants ... including on the manufacturing side. not just knowledge workers and the services industry. // western world's middle class and affluence gets hollowed out by the rise of the rest, loss of competitive advantage, and the 2nd industrial revolution. taking greater share of the growth of the global economy, compared to western world.
labour  market  labour  economics  Future  of  Work  self-employment  employment  precarious  working  poor  uncertainty  Zeitarbeit  freelancing  freelance  contractor  Zero  Hour  Contract  consulting  Share  Economy  Services  Industry  service  Niedriglohnsektor  knowledge  worker  knowledge  3D  printing  on-demand  marketplace  marketplace  efficiencies  SME  SMB  Software  Is  Eating  The  World  algorithm  Manufacturing  Robotics  automation  flat  borderless  globalisation  globalization  competitive  Western  World  secular  stagnation  Industrial  Revolution  Industrial  Revolution  2.0  economic  history  protection  protectionism  GFC  output  gap  productivity  recovery  sovereign  debt  crisis  Super  Cycle  squeezed  middle  class  standard  of  living 
april 2015 by asterisk2a
A Farewell To Jobs | TechCrunch
[the downside of making yourself hard to replace is, that its equally hard to move upwards the career ladder] the gig economy tends to reduce workers to fungible, replaceable cogs. Workers devalued in that way inevitably make less money and receive fewer benefits. When you can be more easily replaced, you become, pretty much by definition, less valuable; and technology is making the process of replacing one laborer with another increasingly frictionless. [...] in principle, both nurses and engineers are reasonably fungible. Short-term nursing contracts are plentiful, as are short-term engineering projects. One good iOS developer can easily replace another; good developers write code that’s easy for others to understand, maintain and expand. [...] an excess of supply relative to demand. [... thus the need for universal basic income / welfare state.] [...] spreading work more evenly among those who want it. [Borderless Flat World] - http://techcrunch.com/tag/peak-jobs/
Zero  Hour  Contract  Precariat  precarious  work  working  poor  minimum  wage  on-demand  squeezed  middle  class  contractor  outsourcing  Mobile  Creative  Mobile  Creatives  Future  of  Seth  Godin  marginal  cost  Jeremy  Rifkin  Software  Is  Eating  The  World  Open  Source  SAAS  IAAS  PAAS  Services  Industry  Service  Sector  Jobs  economy  Share  marketplace  marketplace  efficiencies  freelance  labour  economics  labour  market  algorithm  AI  augmented  intelligence  competitive  competition  oligopoly  oligopol  monopoly  Peter  Thiel  welfare  state  Universal  Basic  Income  flat  borderless  globalisation  globalization  crony  capitalism  capitalism  exploitation  self-employment  Wall  Street  social  cohesion  fairness  tax  avoidance  tax  evasion  Industrial  Revolution  economic  history  Career  Politicians  No  Representation 
march 2015 by asterisk2a
BBC News - UK unemployment falls to 1.86m
The number of young people out of work, however, has stayed stubbornly high. The ONS said the number of 16 to 24-year-olds out of work fell by just 12,000 in the three months to January, to 743,000 - a rate of 16.2%. [...] Elsewhere within the figures, the number of self-employed people rose by 33,000 to reach 4.53 million. // If they were jobs for the future, productivity would start to climb, but that is not the case! http://www.bbc.co.uk/news/uk-politics-31928641 [ + ] The tax-free personal allowance to rise from £10,600 in 2015-6 to £10,800 in 2016-7 and £11,000 in 2017-8. The threshold at which people start paying 40p income tax to rise by above inflation from £42,385 in 2014-5 to £43,300 in 2017-8 [...] Annual savings limit for ISA increased to £15,240. [...] Tax on "diverted profits" to come into effect next month, aimed at multinational firms moving profits "artificially offshore" >> http://www.bbc.co.uk/news/business-31942639
youth  unemployment  self-employment  UK  labour  market  labour  economics  recovery  austerity  Services  Industry  service  economy  service  Sector  Jobs  productivity  output  gap  Share  manufacturing  working  poor  squeezed  middle  class  tax  free  income  Google  tax  evasion  tax  avoidance  2015 
march 2015 by asterisk2a
Autumn Statement 2014: Osborne's Cuts 'Will See Public Spending Fall To Lowest Level In 80 Years'
Tony Dolphin, senior economist at the Institute for Public Policy and Research, warned that Osborne's planned cuts were "implausible". "Given the scale of cuts in the public sector, [the OBR] can only make its growth forecast add up by assuming that consumer demand is boosted by households taking on more debt - and at an unprecedented pace. "Extraordinarily, the OBR thinks that by 2019 the household sector will have a financial deficit twice as big as in 2007 and 2008 when the financial crisis hit. As result, the household debt-to-income ratio is forecast 2 rise beyond its pre-crisis peak 2 over 180%. "This is pretty implausible. If the next government tries 2 follow the deficit reduction path set out in the Autumn Statement, it can only succeed in the short-term because the household sector takes on debt @ a faster pace than it did before the financial crisis. [this warning was heeded some years ago alrdy that consumer&corp would have to take on debt to spend to keep GDP # up!!!]
austerity  UK  George  Osborne  economic  history  David  Cameron  general  election  2015  fairness  Liberal  Democrats  Conservative  Party  Labour  Party  Super  Rich  1%  Privileged  Establishment  No  Representation  Toff  fiscal  policy  Democratic  Process  democracy  tax  free  income  Budget  Gerechtigkeit  Gini  coefficient  income  inequality  compromise  Career  Politicians  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  economics  market  tax  evasion  tax  avoidance  GDP  economic  growth  zombie  corporations 
december 2014 by asterisk2a
BBC News - Long, long slog to mend public finances
So the job of mending the public finances is a long way from over. The best performing, big developed economy in the world - that's us by the way, as assessed by speed of GDP growth - is generating far less tax than expected. So this year, the Office for Budget Responsibility expects the harvest for the Exchequer from taxation to be £7.8bn less than it predicted in March. And by 2017-18, it says the shortfall will be an eye-watering £21bn. & the biggest shortfall, roughly half of it, is in income tax, which reflects the creation of lots of new low wage jobs & the absence of meaningful pay rises for millions. [...] reflecting a change in the structure of the economy, rather than a passing phenomenon. [AUSTERITY] The OBR calculates that spending per head in real terms in 2019/20 on the public sector minus health and schools would be £1,290, or 57% less than in 2009/10. [... edu & industrial policy not straight ahead towards econ of the future ...] [in this together?] &! bbc.in/1tqUjGz
tax  avoidance  tax  evasion  Gerechtigkeit  fairness  crony  capitalism  Budget  UK  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  economic  history  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  fiscal  policy  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  labour  economics  labour  market  George  Osborne  David  Cameron  competitiveness  competitive  competition  comparative  advantage  Silicon  Valley  BRIC  Frontier  Markets  Developing  free  trade  global  trade  trade  agreements  TTIP  austerity  Structural  Impediments  unemployment  infrastructure  investment  deficit  imbalance  apprenticeships  education  policy  practical  skills  practical  skill  set  secular  stagnation  wage  stagnation  stagnation  stagflation  deflationary 
december 2014 by asterisk2a
Müllers Memo: Frau Merkels Verständnis von Wirtschaft - SPIEGEL ONLINE
Angela Merkel lächelte leicht spöttisch. Bei der Vorstellung des Gutachtens der fünf Wirtschaftsweisen äußerte die Kanzlerin Zweifel daran, wie "ein Beschluss, der noch nicht in Kraft ist, jetzt schon eine konjunkturelle Dämpfung hervorrufen kann". Gemeint war der Mindestlohn, dessen anstehende Einführung der Sachverständigenrat als Wachstumskiller gebrandmarkt hatte. [...] Niemand, auch nicht die fünf Wirtschaftsweisen, erwartete damals einen durchschlagenden Erfolg der Agenda-2010-Reformen von Gerhard Schröder. Doch dann entwickelten die Hartz-Gesetze im Zusammenspiel mit dem Globalisierungsboom ab 2006 eine überraschende Sogwirkung. Insbesondere weil viele Menschen bereit waren, für ziemlich wenig Geld eine Beschäftigung anzunehmen. Heute bekommt fast ein Viertel der Beschäftigten in Deutschland eine Bezahlung, die Arbeitsmarktforscher als Niedriglöhne klassifizieren. &! http://www.spiegel.de/wirtschaft/soziales/rente-immer-mehr-aeltere-menschen-arbeiten-a-1003237.html
Agenda  2010  Niedriglohn  Niedriglohnsektor  Germany  Angela  Merkel  economic  history  Europe  precarious  work  working  poor  hartz-iv  economics  labour  economics  labour  market  Lohnzurückhaltung  mindestlohn  lohndumping  job  security  sociology  socioeconomic  status  social  status  status  anxiety  Future  of  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  competitive  competitiveness  Exportweltmeister  Precariat  Why  Software  Is  Eating  the  Software  Is  Eating  Robotics  automation  algorithm  Services  Industry  service  economy  service  infrastructure  investment  education  policy  short-term  thinking  short-term  view  kalte  Progression  coldprogression  babyboomers  generationy  Millennials 
november 2014 by asterisk2a
News Roundtable: [...] deconstructing employment - YouTube
min 34 + https://news.ycombinator.com/item?id=8406358 "The article doesn't really examine productivity, it is examining wages." - Digital revolution has yet to fulfil its promise of productivity and better jobs (economist.com) +!+ http://www.reddit.com/r/Futurology/comments/2i5nse/the_economist_labour_is_steadily_losing_out_to/ - http://www.economist.com/news/special-report/21621160-labour-steadily-losing-out-capital-those-have-shall-be-given 'It's The Economist making a case for wealth redistribution!' +!+ How computers threaten the jobs of mid-skilled workers (economist.com) - youtu.be/PR8OkkfvnT8 'few benefiters + we need substantial skill upgrading and change in education policy' +!+ Is A.I. the problem or the solution? youtu.be/lge-dl2JUAM - Automation, Robotics, mid-skilled jobs, routine jobs, lessons from Industrial Revolution, need investment in practical skills for the future, infrastructure investment, education policy, Universal Basic Income - so that no one is left behind
convenience  service  economy  Uber  HomeJoy  Lyft  Share  sharing  economy  Services  Industry  service  minimum  wage  mindestlohn  workforce  6-hour  work  day  4-day  work  week  leisure  time  Robert  Skidelsky  Google  Apple  Amazon  commoditization  commodity  business  Larry  Page  Future  of  Robotics  AI  algo  algorithm  algorithms  productivity  Mobile  Creative  Postmates  Mobile  Creatives  Washio  GrubHub  Big  Data  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  middleman  self-employment  contractor  marketplace  efficiencies  marketplace  plurality  marketplace  inefficiencies  marketplace  labour  economics  labour  market  education  policy  Public  Year  of  Code  middle  class  squeezed  middle  class  underemployed  structural  unemployment  employment  unemployment  flat  globalization  globalisation  comparative  advantage  competitive  advantage  competitiveness  competitive  Germany  USA  UK  Europe  BRIC  MINT  added  value  self-driving  cars  transportation  transportation  protectionism  population  automation  social  capital  Non-Profit  GDP  happieness  happiness  index  freelance  freelancing  rat  race  differentiation  differentiate  social  entrepreneurship  entrepreneurship  technological  history  economic  history  history  Industrial  Revolution  Software  Revolution  computing  Gini  coefficient  living  wage  living 
october 2014 by asterisk2a
BBC News - American Dream breeds shame and blame for job seekers
"Unemployed auto workers, factory workers, they have a lot of regrets about the past," he said. "A lot of workers are internalising, 'You succeed on your own merits and your own abilities, and if you fail, you're to blame'," Chen says. He isn't alone in seeing this pattern. Experts tell the BBC that job seekers in the US are now, more than ever, blaming themselves for being out of work, due in part to misconceptions about what it takes to succeed in America. [...] Meritocracy became the prevailing ideology, encouraging workers to aim high and reap the resultant rewards. Anyone could achieve greatness. Paupers could become princes. The more people made, the more likely they were to believe they were worthy of it. A study published in the Journal of Personality and Social Psychology last year found that the higher people perceived their social class to be, the more likely they were to believe that success comes to those who most deserve it. [class warfare, meritocracy is ideology]
structural  unemployment  Year  of  Code  structural  imbalance  Impediments  Mobile  Creative  Mobile  Creatives  Future  of  Work  manufacturing  industrial  policy  Services  Industry  service  economy  service  Share  labour  market  labour  economics  labour  force  UK  USA  Europe  flat  world  globalization  globalisation  added  value  competitive  advantage  competitive  competitiveness  Competition  comparative  advantage  self-employment  Higher  Education  policy  continual  Public  policy  folly  policy  error  Career  Politicians  protectionism  subsidies  subsidizing  short-term  thinking  short-term  view  long-term  thinking  long-term  unemployment  long-term  view  underemployed  workless  working  poor  Niedriglohn  Niedriglohnsektor  mindestlohn  minimum  wage  social  mobility  income  mobility  economic  history  neoliberal  neoliberalism  deregulation  social  status  status  symbol  socioeconomic  status  status  anxiety  meritocratic  meritocracy  ideology  class  warfare  society  culture  populism  demagogy  demagogue  unemployment  stigma  stereotype  bias  prejudice  social  divide  child  poverty  poverty  poverty  in  old  age  social  science  social  cohesion  social  safety  net  social  study 
september 2014 by asterisk2a
Sascha Lobo: Sharing Economy wie bei Uber ist Plattform-Kapitalismus - SPIEGEL ONLINE
S.P.O.N. - Die Mensch-Maschine: Auf dem Weg in die Dumpinghölle. Der Konflikt um den Fahrdienst Uber illustriert einen globalen Trend. Was oft als Sharing Economy bezeichnet wird, ist in Wirklichkeit ein euphemistisch benannter Aspekt einer neuen digitalen Wirtschaftsordnung: des Plattform-Kapitalismus. +!+!+!+ https://news.ycombinator.com/item?id=8347583 - The Demons Of On-Demand +!+!+!+ Legal challenges could threaten the business models of the on-demand startups relying on independent contractors. Does Silicon Valley Have a Contract-Worker Problem? — An examination of tech's favorite labor model. "t's simply the digital middleman [...] fewer people [will] have traditional full-time or part-time jobs as a result. [...] "Perpetual, hourly employment is often deeply inefficient for all parties involved," (CAPITALISM SAYS) [... vs MyClean using Employee Structure, Controlling usr experience] - nymag.com/daily/intelligencer/2014/09/silicon-valleys-contract-worker-problem.html +!+!+!+
Uber  Lyft  self-employment  contractor  commoditization  commodity  business  on-demand  Share  Economy  sharing  Services  Industry  service  service  TaskRabbit  Homejoy  Washio  BloomThat  Shyp  freelance  freelancing  marketplace  efficiencies  marketplace  marketplace  inefficiencies  managed-service  overhead  profit  maximisation  capitalism  Precariat  precarious  work  Niedriglohn  Niedriglohnsektor  minimum  wage  job  security  21stcentury  flat  world  globalization  globalisation  productivity  disrupting  markets  disruption  labour  economics  labour  market  Postmates  Spoonrocket  DoorDash  1099  1099-MISC  regulation  health  insurance  insurance  user  experience  sustainability  sustainable  short-term  thinking  short-term  view  Brand  MyClean  Munchery  Sprig  MakeSpace  W-2  employment  underemployed  working  poor  minimumwage  mindestlohn  Alfred  differentiation  differentiate  customer  experience  product  experience  shared  experience  offline  experience  Silicon  Valley  corporate  values  corporate  culture  Instacart  USA  UK  convenience  disposable  income  Start-Up  lesson  Start-Up  advice 
september 2014 by asterisk2a
Stephanie Hare on the UK economy - Newsnight - YouTube
>> how many jobs have been lost regarding to banking in london and adjoining businesses ... thousands. thousands of hours of productivity gone (high charges for the hours). forever. = productivity and output gap || and how many times had osborne now moved forward expected savings and targets in time ... every year. || it will not get better as they travel (still) on the same path that leads to nowhere safe. still heading to the cliff. same direction. same speed.
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august 2014 by asterisk2a
The rise of robot scheduling is a nightmare for low-wage workers - Quartz
The Times story points at a larger truth: Advances in management and workplace technology all have essentially one goal, to get more out of employees at lower cost. And in the quest for efficiency, companies often forget they’re dealing with people. + Kantor offers as an example the heartbreaking chronicle of a woman named Janette Navarro, and her efforts to raise her young son while working at Starbucks under this scheduling system. She often found out about her work hours with only a few days notice, requiring panicked adjustments to take care of her son and the family’s finances. She was sometimes asked to “clopen” her store (work till closing at 11pm and return at 4am to open it). The job required constant scrambling and caused tension with family members she frequently needed to beg for help to keep an eye on her son. ... She wasn’t alone.
Zero  Hour  Contract  underemployed  workless  working  poor  service  industry  service  economy  Services  On  Demand  skill-biased  technological  change  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  efficiency  optimisation  labour  economics  labour  market  exploitation  corporatism  well  being  human  being  Wall  Street  profit  maximisation  capitalism  corporate  values  corporate  culture  corporate  governance  flexible  work  Future  of  abuse  of  power 
august 2014 by asterisk2a
If Schools Don't Change, Robots Will Bring On a 'Permanent Underclass': Report | Motherboard
via http://www.reddit.com/r/Futurology/comments/2ct2xs/if_schools_dont_change_robots_will_bring_on_a/ The respondents overwhelmingly agree that this lovely future where robots do the work and humans design the robots and everyone has leisure time and lots of money only exists in a fantasy future where the school systems pump out a shitload of Elon Musks and Sergey Brins—or, at the very least, people who can reliably work at the companies those guys own. [...] only the best-educated humans will compete with machines [...] and education systems [around the world] are still sitting students in rows & columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.” // Rise of Service Jobs (dominance) in USA, even post-GFC. // ADD: http://www.washingtonpost.com/blogs/on-leadership/wp/2014/08/07/are-robots-coming-for-your-job/
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august 2014 by asterisk2a
Drowning in venture capital, mobile startups are waging unsustainable price wars | PandoDaily
upside of this up-cycle/up-business cycle? everyone with a little bit of chops and a MVP with little bit of traction can get capital. Downside? Everyone spends their capital. Would never happen in a down cycle. Down cycles are great, you've got more time to build a great team, product and brand. .... "[L]ook at ecommerce 2.0 companies like Fab and EcoMom who blew millions in capital acquiring customers at unsustainable rates, hoping for some magic lifetime customer value to justify the spending. (It didn’t.) “There’s a tension between growing fast enough and having a disastrous bottom line,” Jeff Clavier, Founder of SoftTech VC, says. Clavier was an early investor in Fab, among others playing this game. “If you don’t have growth you’re stuck, but if you have growth with economics not viable in the long term, [you’re making] a real bet that you’ll be funded nevertheless.” [...] companies aren’t developing a sustainable business model. [Freemium works better with Software Product.]
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july 2014 by asterisk2a

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