asterisk2a + services + wage   69

Homebase owners may close up to 40 stores - BBC News
[first the supermarkets, then everyone else, also UK restaurant trade struggling, especially mid-market! anything above your payday takeout, also housing growth is slowing down thus DIY ] UK retailers are struggling in the face of rising inflation and fragile consumer confidence.

Several store chains have announced job cuts recently, including supermarket giants Tesco, Sainsbury's and Asda.

Homebase's rival, B&Q, last week said it was cutting 200 jobs at its head office in Hampshire as part of a cost-cutting drive. &! https://www.theguardian.com/business/2018/feb/05/uk-services-sector-growth-falls-hotels-restaurants-brexit - Demand weakens for services such as restaurants and hotels amid ongoing Brexit uncertainty
UK  Brexit  disposable  income  economy  discretionary  spending  growth  wage  Productivity  High  Street  Precariat  working  poor  poverty  trap  social  mobility  pay  rise  inflation  broke  household  debt  credit  card  leverage  recovery  secular  stagnation  history  GFC  Austerity  underinvestment  output  gap  HighStreet  Services  Service 
february 2018 by asterisk2a
First fall in consumer spending for almost 4 years
Consumer spending has fallen on an annual basis for the first time in almost four years [...] Adjusting for inflation, real consumer spending by British consumers on Visa debit, credit and prepaid cards in May was 0.8 per cent lower than in the same month last year. Visa said that seasonally adjusted spending was 1.8 per cent lower in May compared to April. The figures are unofficial, but suggest that sluggish economic growth continued in the second quarter, after a first quarter in which the UK grew at the slowest rate in the G7. [...] household consumption, which accounts for more than 60 per cent of the economy. [ 80 Services and Consumption 20 manufacturing ] /&! http://www.telegraph.co.uk/business/2017/06/11/new-economic-woes-put-theresa-may-fresh-pressure/ - The crucial services sector stands on the brink of a contraction
UK  Brexit  GE2017  Consumer  Confidence  creditcard  credit  card  discretionary  spending  disposable  income  inflation  living  standard  wage  growth  recession  Economy  2017  secular  stagnation  deflation  deflationary  BOE  ZIRP  QE  NIRP  Austerity  Services  materialism  Shopping  Consumerism  consumerist  household  debt  mortgage  Manufacturing 
june 2017 by asterisk2a
Britain’s economy is broken. We desperately need new ideas | Tom Kibasi | Opinion | The Guardian
If the country was economically bankrupt in 2010, it is intellectually bankrupt in 2017. On the eve of the general election, politicians of all parties have rarely been so devoid of progressive ideas [...] Yet in substance, May’s approach remains mere tinkering at the edges of economic policy. The Conservatives remain stubbornly allergic to – or ignorant of – Keynesian macroeconomics. [...] [and housing and real estate lending distorting the lending picture. houses are not productive! R&D, and firms are. and creating long-term jobs w real incomes to spend (not remortgaging your home bc of housing bubble]
Brexit  GE2017  London  Housing  Bubble  piggybank  Forex  British  Pound  recovery  GFC  Manufacturing  Services  Consumerism  Zombie  Austerity  underinvestment  confidence  fairy  Productivity  output  gap  QE  ZIRP  NIRP  banking  investment  distortion  lending  property  UK  Living  Standard  wage  income  growth  inflation  £ 
june 2017 by asterisk2a
Budget 2017: Asset sales to thank for UK's figures? - BBC News
'we are not paying our way in the world' -- highlight the cheat the Tories are. 1 sale of national assets to lower debt. still horrible trade balance deficit now w even weaker pound. And not mentioned the recovery supported greatly by household debt bubble and mortgage party. GDP per capita, wage growth v inflation, living standard, current account deficit, underinvestment/austerity in edu and health (see imf paper), ... UK becoming a basket case.
Budget  Tories  Conservative  PFI  Assets  George  Osborne  Theresa  May  Manufacturing  underinvestment  Philip  Hammond  London  Services  nasty  party  ZIRP  NIRP  QE  household  debt  consumer  credit  card  creditcard  mortgage  housing  bubble  Productivity  output  gap  skills  STEM  education  policy  Austerity  current  account  deficit  GFC  bank  bailout  GDP  per  capita  IMF  technological  unemployment  David  Cameron  social  mobility  income  wage  growth  downward  gini  Coefficient  child  poverty 
march 2017 by asterisk2a
'It feels like a wilfully ignored secret': how commentators painted Stoke-on-Trent all wrong | UK news | The Guardian
(career) politician placards and journalists (headline grabbing) can only tell one-line slogan stories. ... for "ordinary people" there is just no space. and they can't make space for them. [...] Not many of these accounts left any room for complexity, nor any recognition of Stoke’s collective push for regeneration and revival, and plenty of local people greeted them with a mixture of anger and anxiety. [ also sold out to professional class, the ascendent as on the other side of the pond ]
Brexit  complexity  DonaldTrump  Donald  Trump  AfD  PEGIDA  economic  history  squeezed  middle  class  working  poor  Precariat  globalisation  globalization  underinvestment  Austerity  Storytelling  GFC  bank  bailout  trickle-down  inequality  social  mobility  structural  unemployment  underemployment  part-time  minimum  wage  living  standard  technological  Career  Politicians  book  Redaktionsschluss  Labour  Tories  Conservative  Party  nasty  NHS  Professional  London  Productivity  Services  Journalism  Journalismus 
february 2017 by asterisk2a
Budget 2016 shows Osborne's failure on debt, surplus, GDP
// higher in-work poverty
budget2015  budget2016  budget2010  general  election  2010  general  election  2015  PR  spin  doctor  economic  history  Positioning  Richard  Koo  austerity  underinvestment  dogma  ideology  policy  folly  policy  error  George  Osborne  David  Cameron  nasty  party  Iain  Duncan  Smith  corporate  tax  rate  corporate  welfare  corporate  subsidies  tax  evasion  tax  avoidance  Google  Inc.  shareholder  capitalism  bank  bailout  budget  deficit  Tories  Conservative  secular  stagnation  aggregate  demand  babyboomers  ageing  population  Northern  Powerhouse  triple-lock  pension  pension  obligation  Generationengerechtigkeit  fairness  Generation  Rent  property  bubble  Service  Sector  Jobs  job  creation  squeezed  middle  class  working  poor  precarious  work  tax  credit  wage  stagnation  productivity  output  gap  Gini  coefficient  income  tax  receipts  tax  code  Zero  Hour  Contract  part-time  underemployment  underemployed  low  pay  low  income  BOE  ZIRP  NIRP  QE  consumer  debt  household  debt  credit  card  debt  election  campaign  promises  car  loan  student  debt  discretionary  spending  disposable  income  child  poverty  Food  poverty  tax  credit  Privatisation  Council  Public  Services  Social  Services  bed  blocking  education  policy  skills  gap  Academy  underinvestment  NHS 
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
Should Ofsted get a US boss? - BBC News
In particular, they are considering candidates who have been involved in the charter school movement, state-funded independent schools, with a similar ideological DNA to academies and free schools in England. The big impact of charter schools has been in the most deprived urban areas, credited with re-energising schools that had been in a state of chronic decline. It's a claim rejected by their opponents, particularly in US teachers' unions, who say that the successful glitz and PR around charter schools is not backed up by any significant long-term advantage. Some charter schools do well, some do badly... like any other type of school, they argue. The current mayor of New York, Bill de Blasio, has been accused by charter school groups of putting up "roadblocks" to their expansion. [...] [ PISA & a very mixed picture in USA ... and no co-operation, collaboration and trust. ]
education  policy  Ofsted  regulation  regulators  staff  morale  staff  shortage  austerity  UK  Gini  coefficient  social  mobility  income  mobility  inequality  child  poverty  tax  credit  Food  Bank  poverty  fuel  poverty  single  mother  poverty  poverty  trap  Services  Public  Services  Council  Tories  nasty  party  Nicky  Morgan  Michael  Gove  George  Osborne  David  Cameron  living  wage  minimum  wage  Precariat  precarious  work  working  poor  low  pay  low  income  income  inequality  health  inequality  Toff  Privileged  Establishment  Westminster  Whitehall  No  Representation  bailout  tax  evasion  tax  avoidance  PISA  Workers  Union  Trade  Union 
february 2016 by asterisk2a
Teacher shortages in England, spending watchdog confirms - BBC News
Teacher shortages in England are growing and the government has missed recruitment targets for four years, the official spending watchdog has said. It means 28% of secondary physics lessons are taught by teachers with no more than an A-level in the subject, the National Audit Office report says. Ministers have a "weak understanding" of local teacher shortages, it adds. The government said overall teacher numbers had risen and blamed unions for "talking down" the profession. While the overall number of teachers has kept pace with rising pupil numbers, teacher shortages are growing, particularly in poorer areas and at secondary level, according to the authors. [...] "Unless government radically tackles the pay, workload and excessive accountability that teachers currently suffer, this is a situation that will get increasingly worse," said Ms Blower. //&! bit.ly/1LfqZNB
austerity  UK  social  mobility  income  mobility  education  policy  Gini  coefficient  poverty  trap  childhood  development  Generationengerechtigkeit  fairness  nasty  party  David  Cameron  George  Osborne  Toff  Privileged  Establishment  downward  mobility  staff  morale  staff  shortage  deprivation  Conservative  Tories  dogma  ideology  underinvestment  productive  investment  public  investment  Services  mental  health  well  being  chronic  stress  Services  Council  bank  bailout  constituency  babyboomers  child  tax  credit  working  poor  Precariat  low  pay  low  income  minimum  wage  tax  credit 
february 2016 by asterisk2a
Record rise in NHS dissatisfaction levels - survey says - BBC News
"What's gone wrong is the public's perception of the NHS under growing pressure. Money is tight, waiting times are getting longer, people are concerned that when they need the NHS it might not be there for them." [...] But he said the "most important set of results" were on social care. He said the satisfaction levels were "deeply concerning" and said the system needed greater funding. [...] A spokesman for the Department of Health in England said: "There is pressure on the NHS as our population ages, and that's why the government is investing record amounts to transform care." [ << BUT NO PREVENTION THROUGH PUBLIC HEALTH PROGRAMS. INSTEAD THEY CUT THE PUBLIC HEALTH (ie stop smoking support, STD clinics) by +200m in 2015 budget ]
NHS  staff  morale  locum  staff  staff  shortage  Junior  Doctors  Jeremy  Hunt  waiting  times  sick  population  health  crisis  demographic  bubble  GP  A&E  ageing  population  diet-related  disease  chronic  diseases  premature  ageing  substance  abuse  self-medication  coping  mechanism  well  being  mental  health  public  health  policy  public  health  austerity  budget2015  budget2010  public  sentiment  public  perception  nasty  party  Tories  Conservative  Toff  Privileged  Establishment  Whitehall  Westminster  adult  social  care  social  care  elderly  care  bed  blocking  Council  minimum  wage  prevention  intervention  obesity  epidemic  diabetes  cancer  heart  disease  Services  Services 
february 2016 by asterisk2a
Shock figures show patients stuck in north hospitals for more than a year despite being fit to leave - Press and Journal
Shock new figures show eight patients across NHS Highland and NHS Grampian were kept in hospital for more than a year, despite doctors giving the green light for them to be discharged. Another 20 patients at the two health boards were left in limbo for more than six months. Last night Health Secretary Shona Robison admitted there was “much more to do” to tackle the so-called bed blocking, which costs the NHS millions of pounds each year. [...] These patients were all classified as so-called ‘Code 9′ patients – meaning they require specialist support, such as space in a care home, before they are able to return to the community. [...] “The availability of suitable facilities to safely accommodate those of our patients with the most complex conditions is limited, [...] unable to dedicate enough staff. The health board admitted that recruitment to the adult care sector was a growing problem, //&! Care homes and the NHS: The silent scandal? - bbc.in/23GhyCd & bbc.in/1PfdoHx
bed  blocking  NHS  Scotland  NHS  Grampian  NHS  austerity  Council  elderly  care  adult  social  care  Public  Services  Services  premature  ageing  ageing  population  babyboomers  OAP  A&E  care  home  Tories  nasty  party  Positioning  PR  spin  doctor  budget  deficit  fairness  tax  evasion  tax  avoidance  minimum  wage  Conservative  budget2015  budget2010  Toff  Privileged  constituency  Establishment  sick  population  health  crisis  prevention  intervention  GP  chronic  diseases  diet-related  disease 
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
UK’s biggest care home operator risks running out of cash, says S&P | Business | The Guardian
across the uk // The Resolution Foundation has said the introduction of the national living wage will cost the social care industry £1bn between now and 2020. The living standards thinktank has urged the Treasury to cover the cost by using the comprehensive spending review this month to increase the amount local authorities pay care homes. // Crisis in UK care homes set to ‘dwarf the steel industry’s problems’ - bit.ly/1M8G3fX
elderly  care  UK  demographic  bubble  sick  population  austerity  NHS  Public  Services  Social  Services  babyboomers  George  Osborne  ageing  population  premature  ageing  care  minimum  wage 
november 2015 by asterisk2a
Isn't Your Body More Important Than Your Home? - YouTube
'general welfare', 'collective good' //&! youtu.be/7oXPWWDgaoo - The Myths & Lies Exposed in the GOP Debate - Carly Fiorina: Crony Capitalism = Big Goverment supporting tbtf/tbtj corporations? << POSITIONING. Blaming it on Big Government, that corporations feel they need to get bigger. LOL &! RT is not only one calling out Carly Fiorina - http://crooksandliars.com/2015/10/cnn-confronts-carly-fiorina-her-factless
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october 2015 by asterisk2a
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
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
Government facing defeat in Lords over tax credits | Politics | The Guardian
Tim Farron instructs peers to back fatal motion, greatly increasing chances of government being defeated //&! bit.ly/1NlQDCE - Live Ticker of that Day: Former shadow business secretary Chuka Umunna says that while state subsidy going to employers to top-up low wages is not desirable, it is the order of the government’s policy that is the problem, ie. cutting tax credits before the wages go up enough. [ << SHOWING HOW LITTLE EVERYDAY MORALITY, ETHICS, HUMILITY, MENSCH, COMPASSION AND SENSIBILITY TORIES HAVE. ] //&! MP Heidi Allen warns tax credit cuts 'betray' Tory values [...] cutting peoples cloth when there is no cloth. - bbc.in/1LlzFDQ [...] want "transitional" arrangements [...] [MP Heidi Allen] said her party must not treat it as "a spreadsheet exercise" since many of those affected would not be able to cope and faced a stark choice between heating their homes and putting food on their tables. //&! bit.ly/1jRP9WJ &! bit.ly/1M6zk5j - Who is MP Heidi Allen?
tax  credit  child  tax  credit  working  tax  credit  UK  austerity  Tories  nasty  party  Conservative  George  Osborne  David  Cameron  Toff  Privileged  Establishment  Entitlement  constituency  fairness  Generationengerechtigkeit  budget2015  Jeremy  Hunt  Iain  Duncan  Smith  short-term  thinking  short-term  view  Opportunism  opportunist  technocrat  Gini  coefficient  income  redistribution  income  distribution  inequality  bank  bailout  crony  capitalism  corporate  welfare  welfare  state  social  safety  net  child  poverty  food  poverty  poverty  trap  poverty  education  policy  NHS  Police  Public  Services  elderly  care  Services  Maintenance  Allowance  Student  Maintenance  Grant  DWP  JSA  ESA  vulnerable  Disabled  structural  unemployment  skills  gap  youth  unemployment  minimum  wage 
october 2015 by asterisk2a
Cameron responds to Question Time tax credits complaint | Money | The Guardian
[S]he & her four children were entirely dependent on a combination of working tax credits & child benefits because her business did not make a profit. “I get £400 a week in tax credits, child maintenance from my ex-partner & child benefit. And that’s what I live on. What I make from the business goes straight back into it.” Dorrell, who accused the Tories of telling lies to her and others in a similar situation [...] The House of Commons has approved the cuts to tax credits, with only a handful of Conservatives rebelling against the measures. [...] [The] IFS & the Resolution Foundation say the welfare cuts in Osborne’s summer budget will leave some of Britain’s poorest families up to £1,300 a year out of pocket. Paul Johnson, the director of the IFS, has said it is “arithmetically impossible” for workers not to lose out from the cuts. //&! bit.ly/1jsM5AQ - The ‘work penalty’ will hit the strivers of the country & youtu.be/wrbu6NFazfU & bit.ly/1Pn59NQ & bit.ly/1h98H3X
tax  credit  tax  code  child  tax  credit  working  tax  credit  working  poor  precarious  work  Precariat  low  income  low  pay  minimum  wage  inequality  income  distribution  income  redistribution  tax  free  income  income  tax  income  inequality  Universal  Basic  budget2015  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  aggregate  demand  crony  capitalism  neoliberalism  neoliberal  corporate  tax  rate  capitalism  Wall  Street  GFC  shareholder  value  profit  maximisation  Gesellschaft  vulnerable  Disabled  austerity  democracy  Career  Politicians  No  Representation  nasty  party  Tories  Conservative  reframing  framing  PR  spin  doctor  Positioning  manufactured  consent  corporate  scandal  Polarisation  DWP  JSA  ESA  Iain  Duncan  Smith  Jeremy  Hunt  George  Osborne  David  Cameron  NHS  Public  Services  Social  Services  propaganda  corporate  media  corporate  state  populism  bedroom  tax  Right  to  Buy  messaging  message  relations  Help  to  Buy  Scheme  political  theory  neoconservatism  neoconservatives 
october 2015 by asterisk2a
Iain Duncan Smith calls people without a disability "normal"
The art of cruelty: why the Conservative attack on disabled people harms us all. No sick person responds to their diagnosis by thinking, “I can scam taxpayers for £73 a week!” [...] Not only is in-work poverty a larger drain on the benefits system than the unemployed, but most of the things that help disabled people get back to work have been cut. [...] They got away with this by launching an all-out propaganda assault that portrays disabled and workless people as “scroungers”, “sponging” off the state, when presumably they should be grateful not to be left on a hillside to die as would have been done in the good old days. [...] This is Tory Britain. [...] The welfare state is being dismantled and rebuilt as a machine to manage and discipline the workforce into accepting precarious labour, low pay and no social safety net. [...] this way the Tories can persuade the most vulnerable in society to accept their fate and the rest of us to believe that they deserve it. [...] moral hazard
Iain  Duncan  Smith  DWP  vulnerable  Disabled  mental  health  mental  illness  JSA  ESA  welfare  state  social  safety  net  unemployment  long-term  unemployment  youth  unemployment  structural  unemployment  Positioning  Tories  reframing  framing  PR  spin  doctor  constituency  general  election  2015  election  campaign  promises  babyboomers  fairness  Generationengerechtigkeit  child  poverty  child  tax  credit  bank  bailout  austerity  social  tension  deprivation  Perspective  Perspektivlosigkeit  Toff  Privileged  Establishment  Entitlement  nasty  party  Super  Rich  1%  Public  Services  Services  sickness  benefit  housing  benefit  benefits  social  housing  affordable  housing  poverty  poverty  trap  food  poverty  precarious  work  Precariat  underemployed  part-time  working  poor  Zero  Hour  Contract  Contractor  job  security  job  creation  labour  market  minimum  wage  low  income  low  pay  morality  GFC  crony  capitalism  Sozialer  Abstieg  capitalism  Existenzangst  squeezed  middle  class 
october 2015 by asterisk2a
Lord Ashcroft 'not settling scores' with David Cameron book - BBC News
"If this was just a revenge job, Lord Ashcroft & I could have published it before the election." bbc.in/1V5Rl94 CoAuthor Isabel Oakeshott //&! bbc.in/1FpIfC4 - Ashcroft quits the House of Lords //&! Ashcroft & Cameron - an inevitable end? Two powerful men need each other, and then one of them becomes more powerful, and doesnt need the other anymore. [...] [book] looks a lot like revenge. [...] The Conservatives needed him, as all political parties need money, & between 2002/11 he gave more than £5m. [ those who want leadership position/power, ie Cameron, are & will be never great leaders when history judges them ] - bbc.in/1MEYLko bit.ly/1LrS8QP bit.ly/1MEppd0 bit.ly/1PktP6A bit.ly/1gH7wvI bit.ly/1NHFptp &! So Cameron was young & reckless. Lucky he wasnt young, reckless & poor - bit.ly/1Oqc8Fg bit.ly/1j3nRwJ bit.ly/1LIGEnD bit.ly/1V6xSoy - Cameron is part of a select group of people to whom different rules apply, and he knows it, [like evryone else in Britain [dubbed Hameron scandal].
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september 2015 by asterisk2a
Soziale Gerechtigkeit und Wachstum: Deutschland mittelmäßig - SPIEGEL ONLINE
Wie gut gelingt es Staaten, eine nachhaltige Wirtschaftspolitik mit sozialer Gerechtigkeit zu vereinen? Deutschland landet in einer Studie des Weltwirtschaftsforums nur im Mittelfeld. Vor allem das Steuersystem schneidet schlecht ab. // &! bit.ly/1K7qKCb - Erbschaft!
Generationengerechtigkeit  fairness  austerity  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  gender  inequality  economic  growth  tax  free  income  kalte  Progression  coldprogression  Universal  Basic  Super  Rich  1%  Public  Services  Services  welfare  state  social  safety  net  OECD  IMF  Robert  Reich  Joseph  Stiglitz  Thomas  Piketty  tax  avoidance  tax  evasion  capital  gains  tax  income  tax  infrastructure  infrastructure  investment  commuting  chronic  stress  child  poverty  poverty  trap  food  poverty  well  being  happiness  index  neoliberalism  neoliberal  Workers  Union  precarious  work  Precariat  working  poor  minimum  wage  tax  credit  education  policy  underbanked  poverty  Sozialer  Abstieg  squeezed  middle  class  corporate  tax  rate  Privatisation  underinvestment  productive  investment  investment  Public  Good  Career  Politicians  short-term  long-term  competitiveness  globalisation  globalization  borderless  flat  world  job  security  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  tax  code  lobbyist  lobby  Lobbying  shared  economic  interest  Wall  Street  profit  maximisation  shareholder  value  Mittelstand  SME  SMB  Germany  society  culture  Gesellschaft  babyboomers  Millennials  generationy  bank  social  bail 
september 2015 by asterisk2a
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
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september 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
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
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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
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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.
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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]'
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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
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june 2015 by asterisk2a
Florida man undermines Uber’s claim that drivers aren’t employees | PandoDaily
tech-enabled marketplace in your pocket. (1) trading money for time and (2) finding through the marketplace efficiently someone to do it (price discovery, finding a natural equilibrium - how ever it might look). A search engine for people doing manual mennial labour. // http://www.fastcoexist.com/3040863/stop-saying-uber-is-part-of-the-sharing-economy
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may 2015 by asterisk2a
Headline Numbers: How do you measure inequality? - BBC News
Research from the Institute for Policy Studies found that in 2014, bonuses paid to Wall Street employees had been double the total annual pay earned by all Americans who worked full-time at the federal minimum wage. I crunched the numbers and it turned out that the same was true for the UK. [...] The Office for National Statistics (ONS) had figures out on Wednesday based on the definition that people were in poverty if their income was below 60% of the median level (to find the median income, line up all the people in the country in order of income and take the middle one). It found that almost a third of the UK population had experienced poverty in at least one of the years between 2010 and 2013, which is very high by European standards. The OECD sets out a summary of what has happened to examples of all three of these measures. Across its 34 member countries, the Gini Coefficient rose gradually from 1996, fell slightly for the financial crisis and then resumed its upward path.
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may 2015 by asterisk2a
I was an undercover Uber driver :: Cover :: Philadelphia City Paper
I talked to maybe 20 randomly hailed UberX and Lyft drivers between November and March. All but one were male immigrants, primarily from Africa, South Asia and the Middle East, and most spoke heavily accented English. It's a completely different group from the drivers I'm able to get in touch with through Uberpeople.net, the demographics of which I'd call "Reddit-ish." All the immigrant drivers who spoke to me took a lot of pride in providing excellent service. Few had been Uber drivers for more than a month or two. Many were helping support multiple family members, most had at least one other job and all worked hours that would reduce me to a weeping wreck in a month. [// working on a marketplace platform does not allow you to differentiate yourself // Seth Godin - being remarkable, the purple cow] [Uber also in transparent about cost structure for drivers and their own mini business] [Uber&Co, bc of marketplace, is resistant 2 workers protests] [there is also no minimum wage]
Uber  Lyft  public  transportation  Service  Sector  Jobs  Niedriglohnsektor  economy  Services  Industry  Hailo  BlaBlaCar  Share  marketplace  efficiencies  marketplace  plurality  marketplace  working  poor  1099  self-employment  precarious  work  Precariat  differentiate  differentiation  Industrial  Revolution  2.0  Future  of  autonomous  car  self-driving  cars  transportation  urbanisation  urban  planning  transparency  corporate  governance  corporate  values  Travis  Kalanick  living  wage  minimum  wage  car  ownership  ownership  Zero  Hour  Contract  uncertainty  Software  Is  Eating  The  World 
may 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
Living wage employer says everyone benefits - BBC News
The legal minimum wage is currently set at £6.50 an hour, below the £7.80 living wage which is the rate thought to be sufficient to adequately pay bills. A BBC Scotland investigation has found that 10 of the 50 biggest employers in Scotland say they pay staff a living wage. Jenny Stewart of KPMG, one of the firms who pay a living wage, say it benefits employee and employer: "We saw a 50% reduction in turnover of staff... staff morale went up considerably. "The individuals were getting the benefit of the living wage but neither KPMG nor the subcontractors were having additional cost as a result." Watch BBC Scotland Investigates: Low Pay for Life on BBC One Scotland on Monday, 18 May, at 20:30 and on the BBC iPlayer following transmission. // http://www.bbc.co.uk/news/uk-scotland-32722572 &! http://www.bbc.co.uk/iplayer/episode/b05vm46n/bbc-scotland-investigates-2015-4-low-pay-for-life &! http://www.bbc.co.uk/programmes/articles/MVD54KqFTxf7Mr1wG4QBk1/who-pays-the-living-wage
living  wage  minimum  wage  working  poor  precarious  work  Precariat  social  mobility  income  mobility  income  inequality  poverty  UK  Public  Services  Services  welfare  state  welfare  tax  credit  tax  free  income  No  Representation  bailout  austerity  Career  Politicians  voter  turnout 
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
Revealed: hitlist of welfare cuts facing Britain's next chancellor | Politics | The Guardian
No Representation; personal & corporate tax avoidance/evasion (criminal behaviour) & non-dom, as well as progressive tax code (just lowered last term to 45% for 150k.) Instead should be 50% as it was. As well as introducing a 55%/60% for 500k/1m. // &! UK living standards fell for all but the richest under coalition – analysis - bit.ly/1Rc2PZg // &! bit.ly/1JU55Cm "when it comes to cuts there is no longer any “low-hanging fruit”. What’s left are in large part harsh cuts hitting middle-income working families" [...] Cameron spoke this morning of a “one nation” Toryism but he will know his £12bn of cuts will disproportionately hit the poor, young sick and​ disabled. The cuts will deliver more pain, fear and instability to those they affect. [...] seriously dismantling the welfare state [Cameron and Tories] will know this carries a political cost. // &! bit.ly/1PwOhQg bit.ly/1GaA37k bit.ly/1Ij67FZ bit.ly/1FJecDL bit.ly/1IAKanv
austerity  Public  Services  Social  Services  maternity  pay  welfare  state  safety  net  UK  David  Cameron  Conservative  Party  budget  deficit  No  Representation  Gini  coefficient  mobility  income  mobility  squeezed  middle  class  tax  credit  working  poor  low  income  precarious  work  Precariat  Zero  Hour  Contract  contractor  Workers  Union  uncertainty  Proletariat  Toff  Establishment  Privileged  discretionary  spending  disposable  income  income  growth  living  wage  living  standard  standard  of  living  cost  of  living  minimum  wage  underemployed  self-employment  education  policy  vocational  education  working  class  Blue-collar  Worker  White-collar  Worker  knowledge  fiscal  policy  Disabled  poverty  in  old  age  child  poverty  food  poverty  poverty  gesellschaft  cohesion  tension  demagogue  demagogy  fear  opportunist  Opportunism  security  welfare  fairness  recovery  GFC  inequality  income  inequality  capital  gains  middle  class  society  culture  Spin  Doctor  solidarity  child  benefit 
may 2015 by asterisk2a
The last word on Piketty | 11.11.2014 - YouTube
min 1:05:00 - biggest injection of equality into the system has been free education, free health care, pension provision and elderly car, child care, unemployment benefits, disability benefits, low income tax credits, minimum wage, workers protection and representation (unionisation), affordability of a lawyer/solicitor, ... - which are being dismantled, where they were available, ... // what they don't talk about is - tax evasion - ppl able to play the system = unworthy increase in wealth and income // competitiveness breeds inequality (with rising labour supply/surplus + Industrial Revolution 2.0 [creating more revenue with less people needed, more people competing for smaller available pie]) - globalisation, flat world, borderless << Seth Godin 'being remarkable, differentiate, Start-up of You (reid hoffmann)' // opportunity >> social mobility, income mobility, gini coefficient // & being lucky and continue taking rent based on your luck // asymmetry of information (arbitrage) - SV
Thomas  Piketty  austerity  Public  Services  Social  Services  Western  World  welfare  state  policy  error  hartz-iv  ALG2  Aufstocker  minimum  wage  Workers  Union  Soziale  Marktwirtschaft  sovereign  debt  crisis  fiscal  policy  Europe  Schuldenbremse  tax  evasion  tax  avoidance  Makers  Career  Politicians  No  Representation  democracy  fairness  unrecht  Capitalism  crony  bailout  Wall  Street  shareholder  value  profit  maximisation  exploitation  Gini  coefficient  income  inequality  inequality  lobbyist  lobby  Lobbying  competition  mobility  income  mobility  borderless  flat  globalisation  globalization  competitive  competitiveness  advice  vocational  education  education  policy  continual  education  Liberal  Arts  1%  Super  Rich  CEO  compensation  package 
may 2015 by asterisk2a
Larry Summers: I'm Concerned U.S. Growth Won't Pick Up - YouTube
Not enough investment in productive entities that create living wage & middle class jobs. // credit induced growth & exhaustion of easy growth (China) // Debt Fueled Growth ends rarely gently. (GFC) // western world >> too little internal demand, its deflation and inflation
secular  stagnation  output  gap  productivity  Western  World  lost  decade  ZIRP  NIRP  QE  Wall  Street  precarious  work  Precariat  USA  UK  Europe  working  poor  squeezed  middle  class  disposable  income  discretionary  spending  ROI  hunt  for  yield  short-term  thinking  short-term  view  lost  generation  living  wage  structural  imbalance  Impediments  globalisation  globalization  borderless  competitiveness  competitive  competition  Industrial  Revolution  2.0  Service  Sector  Jobs  Niedriglohnsektor  Services  Industry  economy  fiscal  policy  monetary  policy  economic  history  Germany  middle  class  Zeitarbeit  Leiharbeit  Werkvertrag  exploitation  profit  maximisation  shareholder  value  deflationary  productive  investment  Food  Stamps  Aufstocker  ALG2  hartz-iv  austerity  Larry  Summers 
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
Deutschlands Handelsbilanz: Die Probleme einer Exportnation - SPIEGEL ONLINE
In Deutschland wird zu wenig investiert, zugleich spielen wir bei den Exporten bald in unserer eigenen Liga. Die Unternehmenslobby fordert eine Senkung der Lohnkosten. Doch genau das Gegenteil wäre die richtige Lösung. // &! Müllers Memo: Der Kapitalismus funktioniert nicht mehr - Die Weltwirtschaft leidet immer noch stark unter den Folgen der Krise von 2008. Der Hauptgrund: Die Unternehmen investieren viel weniger als früher.
business  confidence  trustagent  trust  GFC  recovery  deleveraging  global  imbalances  balance  sheet  recession  debtoverhang  sovereign  debt  crisis  PIGS  Europe  ECB  economic  history  IMF  austerity  OECD  business  investment  productive  investment  productivity  output  gap  UK  Wall  Street  Germany  France  infrastructure  investment  BRIC  Asia  Latin  America  borderless  globalisation  flat  world  globalization  savings  glut  ZIRP  NIRP  QE  hunt  for  yield  bond  bubble  debt  bubble  unintended  consequences  Taper  USA  Fed  BOE  Abenomics  BOJ  lost  decade  lost  generation  youth  unemployment  precarious  work  Precariat  Service  Sector  Jobs  Share  Economy  Services  Industry  Industrial  Revolution  Future  of  Software  Is  Eating  The  automation  Robotics  AI  artificial  intelligence  augmented  intelligence  algorithm  Super  Rich  1%  middle  class  squeezed  middle  class  living  wage  working  poor  Exportweltmeister  crony  capitalism  exploitation  lobby  Lobbying  lobbyist  Career  Politicians  No  Representation  consumer  confidence  demographic  bubble  zombie  corporations  zombie  banks  zombie  consumer  secular  stagnation  structural  imbalance  Impediments  faultlines 
april 2015 by asterisk2a
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
OECD moniert wachsende Ungleichheit zwischen Arm und Reich - SPIEGEL ONLINE
[ The Economic case for better equality ] - Die Ungleichheit in Deutschland hat sich laut OECD deutlich verschlimmert - und den Aufschwung gebremst. Eine gerechtere Sozialpolitik hätte demnach bis zu sechs Prozentpunkte mehr Wachstum möglich gemacht. [... ] Die OECD fordert die Politik zum Gegensteuern auf. "Unsere Analyse zeigt, dass wir nur auf starkes und dauerhaftes Wachstum zählen können, wenn wir der hohen und weiter steigenden Ungleichheit etwas entgegensetzen", sagte Generalsekretär Angel Gurria. "Der Kampf gegen Ungleichheit muss in das Zentrum der politischen Debatte rücken." [...] Eine Umverteilung von oben nach unten mittels Steuern und Transfers sei nicht zwangsläufig wachstumsschädlich, solange entsprechende Maßnahmen zielgenau angewandt werden, schreibt die Industrieorganisation. Eine solche Verteilungspolitik müsse sich vor allem auf Familien mit Kindern sowie auf junge Menschen konzentrieren und deren Lernchancen verbessern.
Niedriglohn  Niedriglohnsektor  hartz-iv  Aufstocker  Precariat  precarious  work  working  poor  minimum  wage  mindestlohn  living  wage  cost  of  living  Germany  competitiveness  competitive  advantage  comparative  advantage  flat  world  globalization  globalisation  Fachkräftemangel  Agenda  2010  Social  Services  Gini  coefficient  gender  inequality  gender  pay  gap  income  inequality  inequality  disposable  income  Lohnzurückhaltung  lohndumping  Leiharbeit  Zeitarbeit  Policy  Makers  short-term  thinking  short-term  view  Career  Politicians  folly  error  Exportweltmeister  election  campaign  promises  kalte  Progression  coldprogression  Angela  Merkel  CDU  CSU  SPD  No  Representation  SMB  SME  tax  avoidance  tax  evasion  Budget  Schwarze  Null  infrastructure  investment  OECD  austerity  welfare  state  safety  net  cohesion  tax  code  tax  free  income  Universal  Basic  Grundeinkommen  Gerechtigkeit  fairness  Democratic  Process  democracy  education  Year  of  Mobile  Creative  Mobile  Creatives  practical  skill  set  skill-biased  technological  change  Software  Is  Eating  The  practical  skills  continual  education  mobility  income  mobility  discrimination  Super  Rich  1%  Privileged  economic  history  crony  capitalism  capitalism  Wall 
december 2014 by asterisk2a
BBC News - 'Pay benefits faster' to reduce hunger, MPs urge
&! http://www.bbc.co.uk/news/uk-30323682 "The young people going hungry in the UK this winter" >> " "The requirement that international human rights law imposes on states is to ensure that all families are sufficiently protected by either income-generating employment or by social protection in order not to have to depend on charity. It's that simple." The DWP says the Oxfam and YMCA reports failed "to provide convincing evidence of a causal link between welfare reforms and increased use of food banks"."
food  poverty  Social  Services  precarious  work  working  poor  living  wage  cost  of  living  minimum  wage  austerity  hardship  UK  child  poverty  poverty  in  old  age  poverty  youth  unemployment  safety  net 
december 2014 by asterisk2a
Autumn Statement 2014: Osborne's Cuts 'Will See Public Spending Fall To Lowest Level In 80 Years'
Tony Dolphin, senior economist at the Institute for Public Policy and Research, warned that Osborne's planned cuts were "implausible". "Given the scale of cuts in the public sector, [the OBR] can only make its growth forecast add up by assuming that consumer demand is boosted by households taking on more debt - and at an unprecedented pace. "Extraordinarily, the OBR thinks that by 2019 the household sector will have a financial deficit twice as big as in 2007 and 2008 when the financial crisis hit. As result, the household debt-to-income ratio is forecast 2 rise beyond its pre-crisis peak 2 over 180%. "This is pretty implausible. If the next government tries 2 follow the deficit reduction path set out in the Autumn Statement, it can only succeed in the short-term because the household sector takes on debt @ a faster pace than it did before the financial crisis. [this warning was heeded some years ago alrdy that consumer&corp would have to take on debt to spend to keep GDP # up!!!]
austerity  UK  George  Osborne  economic  history  David  Cameron  general  election  2015  fairness  Liberal  Democrats  Conservative  Party  Labour  Party  Super  Rich  1%  Privileged  Establishment  No  Representation  Toff  fiscal  policy  Democratic  Process  democracy  tax  free  income  Budget  Gerechtigkeit  Gini  coefficient  income  inequality  compromise  Career  Politicians  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  economics  market  tax  evasion  tax  avoidance  GDP  economic  growth  zombie  corporations 
december 2014 by asterisk2a
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
Handy Sued For Being a Hellscape of Labor Code Violations
The crux of the suit (embedded below) is that Handy uses independent contractors instead of employees—a popular tactic amongst startups like Uber, Lyft, Homejoy, SpoonRocket, Taskrabbit, and Postmates. [ cost center = insurance, benefits, perks, holiday pay, ... ]
Services  Industry  service  economy  service  self-employment  contractor  Future  of  Work  middleman  Silicon  Valley  profit  maximisation  cost  center  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Niedriglohn  Niedriglohnsektor  precarious  Precariat  minimum  wage  mindestlohn 
november 2014 by asterisk2a
UN officials 'shocked' by Detroit’s mass water shutoffs | Al Jazeera America
"“Disconnection of water services because of failure to pay due to lack of means constitutes a violation of the human right to water and other international human rights,” U.N. officials de Albuquerque and Farha wrote in advance of their arrival." [...] for example, the agency spent $537 million that had been earmarked for repairs paying off interest-rate swaps to major banks." --- A United Nations special rapporteur on the human right to safe drinking water and sanitation visited Detroit over the weekend, where thousands of city residents have been left without water because they can't afford to pay water bills (prices have skyrocketed to twice the national average). She was "shocked" by the way the shut off is "affecting the weakest, the poorest and the most vulnerable.” - via https://www.facebook.com/moyersandcompany/posts/888065581211454 & http://america.aljazeera.com/opinions/2014/6/detroit-public-watershutoffsunitednationsprivatization.html
poverty  working  poor  Detroit  living  wage  minimum  wage  living  standard  cost  of  living  water  supply  drinking  water  public  utility  Wasserprivatisierung  Privatisation  privatization  human  rights  humanity  Wall  Street  crony  capitalism  profit  maximisation  Career  Politicians  USA  U.N.  UN  discrimination  post-racial  America  racisim  public  health  standard  of  living  Gini  coefficient  income  inequality  income  distribution  inequality  social  mobility  income  mobility  accountability  oversight  democracy  Democratic  Process  Services  governance  Political  interest-rate  swaps  GFC 
october 2014 by asterisk2a
BBC News - Child poverty set to rise, says social mobility commission
The UK risks becoming a "permanently divided" society unless "radical new approaches" are taken by the next government, a report suggests. [...] Housing costs and youth unemployment needed to be tackled. [...] 'Relative poverty' The existing targets were put in place in 2010 by the last Labour government. Currently, a child is classed as being in relative poverty if his or her family income is less than 60% of median earnings. (Here's an explanation of how the median is worked out.) [...] The House of Commons Scottish Affairs Committee defined absolute poverty as "the lack of sufficient resources with which to keep body and soul together". "[A]bsolute child poverty increased by 300,000 between 2010-11 and 2012-13" and "independent experts expect child poverty to increase significantly over the next few years". It also says that "working poverty after housing costs is rising". 20% of Scottish children and 24% of Welsh children live in absolute poverty.
child  poverty  poverty  food  poverty  Gini  coefficient  income  inequality  income  mobility  social  mobility  downward  mobility  education  policy  Services  Career  Politicians  No  Representation  Toff  Elite  Privileged  youth  unemployment  lost  generation  tax  avoidance  tax  evasion  crony  capitalism  social  cohesion  austerity  IMF  George  Osborne  David  Cameron  working  poor  tax  free  income  squeezed  middle  class  living  wage  babyboomers  generationy  Millennials  parenthood  parenting  childhood  childhood  development  minimum  wage 
october 2014 by asterisk2a
ZDF Frontal21: Mies bezahlt - Weniger trotz Mindestlohn - YouTube
Sie hat den flächendeckenden Mindestlohn von 8,50 Euro durchgesetzt. Jetzt muss Andrea Nahles (SPD) zusehen, wie sich Arbeitgeber von ihren Beschäftigten die Mehrkosten der Lohnerhöhung zurückholen.
mindestlohn  minimum  wage  profit  maximisation  Precariat  precarious  work  Services  Industry  service  economy  service  Wall  Street  social  cohesion  working  poor  underemployed  contractor  Zeitarbeit  capitalism  CSR  short-term  thinking  short-term  view  shareholder  shareholder  value  subsidies  subsidizing  hartz-iv  Germany  Lobbying  lobbyist  lobby  workers  union  Soziale  Marktwirtschaft  Public  Policy  error  folly  Career  Politicians  No  Representation  fairness  living  wage  Gerechtigkeit  Politics  compromise  Gini  coefficient  income  inequality  income  redistribution  disposable  income 
october 2014 by asterisk2a
Empire - The Promise and Peril of Democracy - Web Extra - Empire asks why democracy is in retreat - YouTube
symptoms now more evident than ever!
transparency  Democratic  Process  democracy  accountability  Career  Politicians  short-term  thinking  short-term  view  political  science  populism  propaganda  dogma  demagogy  demagogue  Europe  Nationalism  protectionism  capitalism  crony  capitalism  bribery  corruption  Lobbying  lobbyist  lobby  GFC  corporatism  Wall  Street  No  Representation  revolving  door  Policy  Makers  error  folly  Philosophy  Super  Rich  1%  tax  evasion  tax  avoidance  fairness  Gerechtigkeit  oversight  excess  European  History  Great  Depression  exploitation  squeezed  middle  class  working  poor  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalization  globalisation  deregulation  Gini  coefficient  inequality  income  inequality  social  mobility  income  mobility  tax  code  capital  gains  economic  Thomas  Piketty  social  cohesion  Protest  Partei  Protest  Party  European  Election  2014  austerity  toobigtofail  TBTF  too  big  to  jail  bailout  IMF  OECD  shareholder  value  profit  maximisation  Industrial  Revolution  2.0  uncertainty  self-employment  Zero  Hour  Contract  contractor  precarious  Precariat  working  class  Blue-collar  Worker  White-collar  Worker  Niedriglohnsektor  Niedriglohn  living  wage  wage  mi 
october 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
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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]
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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 +!+!+!+
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september 2014 by asterisk2a
BBC News - UK jobless rate falls to lowest level since 2008
avg weekly earnings still lagged way behind inflation. Excluding bonuses, avg earnings in the May to July period rose by 0.7% from a year earlier; including bonuses, they rose by 0.6%. The current rate of inflation is 1.5%. Last month, the Bank of England halved its forecast for average wage growth in 2014 to 1.25%, leading some commentators to believe it is under little pressure to raise interest rates any time soon. [...] Labour's shadow employment minister Stephen Timms said: "Today's fall in overall unemployment is welcome, but the new figures have shown working people are seeing their pay falling far behind the cost of living. "Pay excluding bonuses today is the lowest on record. Under this government wages after inflation have already fallen by over £1,600 a year since 2010 and by next year working people will have seen the biggest fall in wages of any Parliament since 1874." +due 2lack of job security, people arnt asking 4 meaningful raise. service econ jobs dominate recovery!
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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
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

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