asterisk2a + short-term   341

UK GDP growth – beware the march of the spenders | Business | The Guardian
the breakdown was deeply troubling. What it showed was an economy unhealthily reliant on consumer spending. Real household spending was up 0.7% on the quarter and added 0.5 percentage points to the growth rate. In other words, the other components of growth – investment, trade and government spending – contributed -0.1 points to growth during the first three months of the year. [...] drop in business investment, which was down both over the quarter and over the year. //&! bit.ly/1RjxDnh - Making things matters. This is what Britain forgot. Ha-Joon Chang. The neglect of manufacturing and over-development of the financial sector is the cause of the economy’s decline, not fear of leaving the EU
UK  2016  recovery  Manufacturing  George  Osborne  industrial  policy  David  Cameron  austerity  Brexit  secular  stagnation  USA  world  economy  underinvestment  Smart  Grid  competitiveness  competitive  advantage  competitive  China  Steel  Crisis  Steel  Industry  BRIC  European  Union  Fiscal  Pact  Schuldenbremse  ZIRP  NIRP  distortion  policy  monetary  policy  Mark  Carney  short-termism  short-term  thinking  short-term  view  Career  Politicians  general  election  2015  general  election  2020  Conservative  Party  neoliberalism  neoliberal  tax  evasion  tax  avoidance  Panama  Papers  HMRC  income  tax  receipts  employment  self-employment  Precariat  minimum  wage  wage  growth  productivity  output  gap  savings  rate  housing  bubble  property  bubble  business  confidence 
may 2016 by asterisk2a
The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
Sustainability or Prosperity? Why Not Both? | PolicyCast
describes the rapidly growing field of sustainability science, which combines a variety of disciplines in both the hard and social sciences to find paths towards a sustainable future. //&! Book Pursuing Sustainability: A Guide to the Science and Practice – (2016) by Pamela Matson, William C. Clark, Krister Andersson. //&! http://www.hks.harvard.edu/news-events/publications/insight/international/william-clark &! https://scholar.google.co.uk/citations?user=LkLCmQwAAAAJ&hl=en &! http://earthsky.org/human-world/william-c-clark-defines-sustainable-development &! Jeffrey Sachs - Global Cooperation and Sustainable Development - youtu.be/cRWtRh3yLI0 &! "Common Wealth: Economics for a Crowded Planet." - youtu.be/n3kzzVP2c7w &! Jeffrey Sachs: "The Price of Civilization" - youtu.be/_G6SYmQ0swg - profoundly underestimated globalization's long-term effects: jobs, incomes, poverty, and the environment.
sustainability  sustainable  macroeconomic  policy  microeconomic  policy  underinvestment  public  health  global  warming  economic  damage  GDP  Generationengerechtigkeit  fairness  extreme  weather  weather  extreme  unknown  unknowns  unintended  consequences  crony  capitalism  shareholder  capitalism  Wall  Street  No  Representation  Career  Politicians  air  pollution  water  pollution  noise  pollution  pollution  mass  extinction  ecological  damage  environmental  damage  livestock  farming  industrial  agriculture  policy  folly  short-term  thinking  short-termism  short-term  view  social  value  policy  error  ecological  footprint  carbonfootprint  deforestation  soil  erosion  climate  change  climate  crisis  book  society  Wertegesellschaft  Wegwerfgesellschaft  Jeffrey  Sachs  Movement  environmental  disaster  environment  environmentalism  resource  depletion  finite  resources  Pesticides  fungicide  herbicide  colony  collapse  disorder  Great  Pacific  Garbage  Patch  Great  Barrier  Reef  drought  Ozone  politician  Fossil  fuel  industry  Food  Politics  carbon  tax  COP21  planning  law  building  code  renewable  energy  energy  policy 
april 2016 by asterisk2a
The Central Valley is sinking: drought forces farmers to ponder the abyss | US news | The Guardian
As people dig ever deeper to find water, nearly 1,200 square miles of California is sinking 2 inches a month – destroying roads, bridges and farmland in the process // http://www.cowspiracy.com/facts/
economic  damage  drought  California  climate  crisis  global  warming  climate  change  short-termism  short-term  thinking  short-term  view  Cowspiracy  food  industry  Dairy  Meat  sustainability  sustainable 
november 2015 by asterisk2a
Paris climate summit: world leaders told to iron out differences before talks end | Environment | The Guardian
France steps up diplomatic efforts to get consensus [among nations concerned about economic growth (employment - capitalism - keep the ghost in the machine), living on a planet with finite resources] on a global deal six days before official talks conclude. //&! Mekong: a river rising The fate of 70 million people rests on what happens to the Mekong river. With world leaders meeting in Paris next week for crucial UN climate talks, John Vidal journeys down south-east Asia’s vast waterway - a place that encapsulates some of the dilemmas they must solve. He meets people struggling to deal with the impacts of climate change as well as the ecological havoc created by giant dams, deforestation, coastal erosion and fast-growing cities - bit.ly/1LAYGHX //&!
COP21  climate  change  global  warming  ecological  disaster  environmental  disaster  mass  extinction  climate  crisis  National  Security  food  prices  food  deforestation  soil  erosion  pollution  coastal  erosion  extreme  weather  weather  extreme  short-termism  economic  damage  post-antibiotic  era  antibiotics  antibiotic  resistance  climate  system  climate  science  short-term  thinking  short-term  view  Career  Politicians  No  Representation  social  democracy  fairness  Generationengerechtigkeit 
november 2015 by asterisk2a
Is there a danger to environmental jargon? - BBC News
[ confusing the public, as with diet ] The United Nations is promising a "universal climate change agreement" when leaders from almost 200 countries meet in Paris. But is the jargon used in environmental discussions actually putting people off the subject rather than enthusing them?
public  perception  public  opinion  public  awareness  climate  change  global  warming  extreme  weather  weather  extreme  economic  damage  public  discourse  Generationengerechtigkeit  fairness  crony  capitalism  capitalism  Millennials  COP21  COP15  Career  Politicians  No  Representation  NGO  Non-Profit  policy  folly  policy  error  short-termism  economic  growth  short-term  thinking  short-term  view  Food  Politics  fossil  fuel  renewable  energy  Smart  Grid  underinvestment  productive  investment  competitiveness  competitive  energy  price  energy  policy  resource  depletion  carbonfootprint  carbon  tax  carbon  dioxide  carbon  trading  scheme  carbonemission  recycling  deforestation  soil  erosion  coastal  erosion  rising  sea  levels  ocean  warming  acidification  El  Nino  Gulf  Stream  greenland  iceshield 
november 2015 by asterisk2a
Deutsche Telekom darf das Internet schneller machen - SPIEGEL ONLINE
Es gibt in der Frage auch starken politischen Druck: Die Bundesregierung will den Breitbandausbau bis 2018 durchbekommen, dann soll es überall im Land Zugänge mit 50 Megabit pro Sekunde geben - es ist ein Prestigeprojekt des Ministers Alexander Dobrindt (Verkehr und digitale Infrastruktur). Und ohne die Vectoring-Pläne der Telekom wäre das sehr viel schwerer zu erreichen. Zur Entscheidung der Netzagentur können die Marktteilnehmer noch einmal formell Stellung nehmen, auch in einer öffentlichen Verhandlung. Auch das Kartellamt und die europäische Regulierungsbehörde, die Vectoring kritisch sieht, werden gehört. Erst dann fällt im Frühjahr 2016 die endgültige Entscheidung.
infrastructure  investment  infrastructure  Net  Neutrality  Germany  Career  Politicians  No  Representation  short-termism  short-term  thinking  short-term  view  digital  economy  White  Elephant  Policy  Makers  lobbyist  lobby  Lobbying  public  utility  Good  monopoly  antitrust  regulators  Consumer  Protection 
november 2015 by asterisk2a
Nickel in Ohrringen: Jeder sechste Stecker enthält zu viel - SPIEGEL ONLINE
[ German livestock industry is using last stand-antibitoics, without oversight, regulation, accountability, transparency ] Geflügel: Antibiotika wirken immer häufiger nicht, weil Bakterien dagegen resistent werden. Ein Grund ist übermäßiger Einsatz in der Tierhaltung. Das BVL testete 125 Proben von Hähnchen und 84 von Pute auf entsprechende Rückstände. Die gute Nachricht: Der nachweisbare Antibiotikagehalt lag in der Regel deutlich unter den zulässigen Höchstmengen. Zuletzt hatten sich Geflügelproduzenten in einer "Geflügel-Charta" zu einem verantwortungsvollen Umgang mit Antibiotika bekannt.
Livestock  farming  food  industry  self-regulation  regulation  regulators  oversight  transparency  post-antibiotic  era  antibiotics  antibiotic  resistance  profit  maximisation  shareholder  value  shared  economic  interest  short-termism  short-term  thinking  short-term  view  Wall  Street  capitalism  crony  capitalism  consumerist  consumerism  Consumer  Protection  Career  Politicians  No  Representation  Meat  Poultry  Fish 
november 2015 by asterisk2a
UK's coal plants to be phased out within 10 years - BBC News
[How can gas be central if it has to be shipped from Russia & else?! - bbc.in/1WZQj4D ] UKs remaining coal-fired power stations will be shut by 2025 with their use restricted by 2023, Energy Secretary Amber Rudd has proposed. Ms Rudd wants more gas-fired stations to be built since relying on "polluting" coal is "perverse". Only if gas-fuelled power can fill the void created by closing coal-powered stations would coal plants be shut, she said. //&! bit.ly/1G7rJQt Subsidies cut in "emergency" Budget2015 after election which was not in the manifesto. &! Greenpeace said it showed the chancellor is out of step with the times. - bit.ly/1D2ylQg &! bit.ly/1HOeCt0 &! Renewables industry slams move to make them pay Climate Change Levy (also done in the Budget2015) - bit.ly/1j8khAR - "Like making apple juice pay an alcohol tax" &! Gov says in official statement, this move protects customers from higher energy bills??? - bit.ly/1Kkd8GH
fossil  fuel  renewable  energy  energy  price  energy  policy  energy  security  Russia  austerity  Generationengerechtigkeit  underinvestment  productive  investment  competitive  competitiveness  competitive  advantage  Smart  Grid  carbonfootprint  UK  carbonemission  CO2  air  pollution  George  Osborne  David  Cameron  nasty  party  Tories  Conservative  neoliberalism  neoliberal  general  election  2015  election  campaign  promises  Career  Politicians  dogma  ideology  budget2015  climate  change  global  warming  economic  damage  long-term  view  long-term  thinking  Opportunism  opportunist  short-term  thinking  short-term  view  short-termism  policy  folly  policy  error  industrial  policy  STEM  wind  energy  solar  energy  reframing  Positioning  spin  doctor  PR  framing  subsidies  subsidizing  corporate  welfare  carbon  tax  carbon  trading  scheme  Hinkley  Point  C  nuclear  power  Amber  Rudd 
november 2015 by asterisk2a
Sturgeon does not rule out steel plants public ownership - BBC News
// gov has never been good about picking industries. // how about investing to lower energy prices, that is not nuclear? --- making the whole industries more competitive in world markets. lowering marginal cost across the board. also for consumers. stupid!
corporate  welfare  subsidies  subsidizing  corporate  scandal  Public  Policy  Hinkley  Point  C  renewable  energy  solar  energy  wind  energy  energy  Policy  Makers  Career  Politicians  short-term  short-term  view  energy  security  energy  price  economics  of  abundance  marginal  cost  constituency  Tories  budget2015  budget  deficit  Conservative  Party  nasty  underinvestment  productive  investment  industrial  competitive  competitiveness  STEM  Research  R&D  general  election  2015  election  campaign  promises  Toff  Privileged  Establishment  dogma  ideology  neoliberalism  neoliberal  fossil  fuel  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  emissions 
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
Jenni Murray: 'I had 75% of my stomach removed' - BBC News
NORMALISATION OF THE EXTREME! // Dr Garth Davis reports himself that patients who dont radically change diet & lifestyle will initially lose weight. But will come back 2-3 years having put on weight again (in one of his two interviews/podcast appearance on RichRoll.com) //&! NICE: Weight loss ops 'good for obesity-linked diabetes' [] 10% of NHS budgets is spent treating diabetes & its complications. Weight loss surgery is "good for patients & cost saving for the NHS", the advisory body said. Obesity had a "huge personal health cost to individuals & an enormous financial cost to the NHS", it said. [] "Obesity [] is a major issue, if not the major issue, for the health service in the coming years." - bbc.in/1vntsk4 - LOL AS IF OBESITY ITSELF MAKES U A DIABETIC. & AGAIN, NO TALK ABT PREVENTION: RADICAL DIETARY & LIFESTYLE INTERVENTION ( vs as usual handing out advice and pamphlet following the S.A.D and sending them home ... ) FIRST! //&! The Report podcast saved - bbc.in/1QYHqRK
Bariatric  Surgery  Weight  Loss  Surgery  obesity  epidemic  obesity  childhood  obesity  sick  population  pre-diabetic  diabetes  metabolic  syndrome  non-alcoholic  fatty  liver  disease  high  blood  pressure  atherosclerosis  heart  disease  Standard  American  Diet  Western  pattern  dieting  fad  Whole-Food  Plant-Based  Diet  lifestyle  medicine  lifestyle  active  lifestyle  sedentary  lifestyle  lifestyle  Speciesism  Carnism  omnivore  animal  cruelty  animal  rights  animal  testing  peer  pressure  peer  group  medical  profession  Positioning  food  industry  Meat  Dairy  Egg  Milk  lobbyist  lobby  Lobbying  NHS  health  care  health  care  budget  health  care  spending  health  crisis  public  health  policy  public  health  Poultry  Fish  Makers  short-term  quick  fix  chronic  diseases  chronic  low-grade  inflammation  coronary  artery  disease  autoimmune  disease  cancer  Cardiovascular  disease  vascular  disease  inflammation  anti-inflammatory  medical  research  medical  advances  medical  care  prevention  NICE 
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
The government seems intent on ending the solar power industry. It’s madness | Howard Johns | Comment is free | The Guardian
saving on the wrong end of the stick. // &! One solar executive says the 87% cut in state subsidy is ‘obscene’, and will lead to thousands of job losses - bit.ly/1Xdgl0V - “We are all paying £100 for nuclear decommissioning costs in our bills. Solar: five quid? It is nothing to do with the energy bills of hardworking families it is entirely ideologically driven by George Osborne. It is nothing to do with the cost to the energy consumer.”
UK  energy  policy  energy  price  renewable  energy  Hinkley  Point  C  green  energy  wind  energy  energy  security  solar  energy  power  grid  Smart  austerity  dogma  ideology  Tories  corporate  welfare  subsidies  subsidizing  emissions  carbonemission  carbon  tax  carbonfootprint  fossil  fuel  short-term  view  short-term  thinking  Opportunism  opportunist  competitiveness  globalization  globalisation  borderless  industrial  policy  Manufacturing  flat  world  policy  error  policy  folly  Toff  Privileged  Establishment  constituency  Generationengerechtigkeit  underinvestment  productive  investment  climate  change  global  warming  climate  crisis  babyboomers  Millennials  economic  damage  productivity  output  gap  recovery  generationy  Entitlement  election  campaign  promises  Career  Politicians  No  Representation  fairness  EEG  Umlage  lobbyist  lobby  Lobbying  European  Union  Germany  fiscal  stimulus  fiscal  policy  trickle-down  economics  nasty  party 
october 2015 by asterisk2a
NHS and care sector: Safety a 'big concern' in England - BBC News
[ NHS set-up to fail by Tories budget cuts over last 5 years ] bbc.in/1VWVnB2 &! bbc.in/1LplwDz - Heath chairman Sarah Wollaston on NHS England funding 15 October 2015 Last updated at 16:21 BST At least £4bn of the extra money promised for the NHS in England is needed this year, says Conservative MP Sarah Wollaston. The chair of the health select committee told Jo Coburn: "If it all comes on stream at the end the NHS is going to be in very serious financial difficulty, so we need to have some of that earmarked to come on stream early." They also spoke about contracts for junior doctors - with the Conservative MP explaining that her GP daughter has gone to work in Australia - and a "culture of transparency" in health services in their Daily Politics interview.
NHS  austerity  Tories  Conservative  Party  locum  staff  staff  shortage  nasty  premature  ageing  chronic  diseases  sick  population  ageing  population  demographic  bubble  Jeremy  Hunt  general  election  2015  election  campaign  promises  constituency  Privatisation  neoliberalism  neoliberal  Toff  Privileged  Establishment  Career  Politicians  Entitlement  PR  spin  doctor  reframing  framing  Positioning  Polarisation  propaganda  populism  manufactured  consent  fairness  corporate  state  corporate  media  population  transparency  public  health  policy  public  health  health  care  health  care  budget  health  care  spending  health  crisis  tobacco  Big  Sugar  food  industry  junk  food  processed  food  convenience  Opportunism  opportunist  fast  food  food  engineering  food  prices  Whole-Food  Plant-Based  Diet  Standard  American  Diet  Western  pattern  lifestyle  George  Osborne  David  Cameron  liberal  economic  reform  long-term  short-term 
october 2015 by asterisk2a
The Biggest Loser Exposed | World's Worst Diets - YouTube
// can't do without support system and intrinsic motivation, passion, vision, mission >> money is a motivator to shed pounds. but once its over. its back to substance abuse! addictive food. engineered food. anabolic (insulin) food (meat, dairy), IGF-1 food (meat, dairy). // reflective of society for the quick fix. and then back to bad habits. feeding literally your substance abuse, emotional imbalance, addiction brain (evolution) - bliss point of engineered food. // Snake oil. //&! 40 year old 650lb virgin & Biggest Loser Rachel Frederickson - youtu.be/0kJHOOV8BO8 "Q: You think you can keep the weight off? A: I sure hope so." ... so keep the weight off ... keep calorie restricting while on standard American diet w fat and protein making up 50% or more of your macros? Hope is not even enough for that, long-term! //&! as soon as you stop the caloric restriction (famine state), body saves, you balloon, put on more than you've lost - youtu.be/3dQODOabf6U
dieting  diet  crash  diet  Fitness  short-term  Entertainment  Industry  Reality  TV  television  yoyo  diet  caloric  restriction  sustainability  sustainable  western  society  Wegwerfgesellschaft  Gesellschaft  Zivilcourage  Zivilgesellschaft  society  psychology  western  lifestyle  addiction  substance  abuse  food  engineering  processed  food  fast  food  junk  food  food  Dairy  Industry  Egg  Industry  pattern  diet  Standard  American  dietary  cholesterol  western  diet  Whole-Food  Plant-Based  western  world  obesity  epidemic  obesity  overweight  Vegan  Carnism  omnivore  metabolism  Whole  Plant  Foods  sedentary  lifestyle  lifestyle  medicine  active  lifestyle  lifestyle  intrinsic  motivation  public  awareness  public  perception  public  image  public  opinion 
october 2015 by asterisk2a
VW lost the plot. But that’s the danger when business lacks social moorings | Will Hutton | Comment is free | The Guardian
VW’s existential crisis has revealed the weaknesses inherent in western economies. Change must now happen [...] Despite a vast R and D budget, VW is far from a leader in the electrical car or hybrid market. Mr Winterkorn’s bonuses were based on his capacity to deliver production, jobs and profits: environmental sustainability or engaging with wider stakeholders did not get a look-in. [...] Capitalism, in short, may have boundless creative and innovative energy – but it also has boundless ways to go wrong. Intriguingly, recent work by a group of researchers at Harvard and the London Business School compared 90 American companies that took sustainability seriously with 90 who did not. Over 18 years the 90 committed to sustainability delivered annual financial returns 4.8% higher than the other 90.
corporate  state  corporate  media  crony  capitalism  capitalism  post-capitalism  B-Corp  corporate  strategy  corporate  values  corporate  social  responsibility  corporate  culture  corporate  governance  corporate  tax  rate  VW  conglomerate  Volkswagen  Wall  Street  shareholder  value  profit  maximisation  short-term  automotive  autoindustry  mainstreet.org  bank  bailout  big  pharma  pharmaceutical  industry  pharma  subsidies  subsidizing  lobbyist  lobby  Lobbying  revolving  door  Career  Politicians  No  Representation  oversight  transparency  accountability  CEO  pay  Leadership  mission  vision  mercenary  PR  spin  doctor  marketing  Positioning  brand  awareness  Branding  carbonfootprint  carbonemission  emissions  climate  change  global  warming  bottom  up  self-regulation  regulation  regulators 
september 2015 by asterisk2a
VW: Das Auto? Der Betrug! Jakob Augstein zur Abgas-Affäre - SPIEGEL ONLINE
Nicht nur Banken betrügen, auch die Industrie. Das zeigt der VW-Skandal. Deutschland hält sich eher ans Recht als das Ausland? Ein Irrtum. Guter Kapitalismus, böser Kapitalismus? Gibt's nicht. Nur die Notwendigkeit des starken Staates. [...] Die Amoralität ist in der Idee der Firma an sich eingebaut. Menschen haben (vielleicht) Moral. Firmen nicht. Da liegt ein grundlegendes Missverständnis im modernen Kapitalismus. [...] In einem langen Artikel über Wirtschaftsethik hat der "Economist" einmal geschrieben: "Unternehmen, die lügen und betrügen, können nicht erwarten, lange im Geschäft zu sein, selbst wenn ihre Handlungen vom Gesetz gestattet sind." Wir wissen, dass das Gegenteil der Fall ist. Aber so streuen sich die Gralshüter der liberalen Wirtschaftsideologie selbst Sand in die Augen. [ The Corporation (2005) by Joel Bakan ] [...] Beschreibt das nicht perfekt das Wesen der großen Konzerne - je größer, desto besser? Und VW ist sehr groß. [ Amazon's monopsony ]
Volkswagen  conglomerate  VW  crony  capitalism  capitalism  profit  maximisation  shared  economic  interest  shareholder  value  self-regulation  regulation  regulators  oversight  transparency  lobbyist  lobby  Lobbying  revolving  door  Career  Politicians  climate  change  global  warming  Abgas-Affäre  emissions  carbonemission  carbonfootprint  economic  damage  short-term  thinking  short-term  view  post-capitalism  ethical  machine  moral  beliefs  fiduciary  responsibility  neoliberalism  neoliberal  liberalism  ideology  dogma  democracy  Gesellschaft  society  exploitation  economic  history  book  CEO  pay  Leadership  true  north  mainstreet.org  accountability  too  big  to  jail  GFC  banking  crisis  bank  bailout  bank  crisis  TBTF  subsidies  subsidizing  Workers  Union  Trade  Union  inequality  Gini  coefficient  too  big  to  bail  competition  oligarchy  oligopoly  oligopol  Super  Rich  1%  monopsony  Amazon  Google  Inc.  Apple  monopoly  Microsoft  antitrust  trust  distrust  No  Representation  social  contract  political  theory 
september 2015 by asterisk2a
Britain's fading greenery - BBC News
[ after the collaps of energy prices, commoditiy prices and freed up labour from oil and gas industry ... instead of tripling investment in renewable energy, they cut it. increasing long-term competitiveness with domestic cheaper energy prices. stupid. instead they cut corporate tax rate, as if tax evasion and avoidance wasn't helping them already ... no further development of 6 killer apps. policy for vested interest. subsidies for oil. tax breaks. etc etc. ] The energy team at business consultancy EY can't expect to get many contracts out of Whitehall - not after a thorough trashing of UK policy. //&! Al Gore chimes in - bit.ly/1V88zmb //&! bbc.in/1NIzAMl //&! bv.ms/1Vgb4Iy - Stop Propping Up Fossil Fuels. Subsidies, as a rule, distort financial incentives and leave the economy less efficient. Subsidies on fossil fuels are doubly foolish: They also divert investment and consumption away from cleaner energy, and cost taxpayers a bundle.
UK  industrial  policy  renewable  energy  Principle  George  Osborne  David  Cameron  budget2015  austerity  underinvestment  business  confidence  corporate  tax  rate  Makers  constituency  commodity  prices  Oil  price  2015  general  election  2015  election  campaign  promises  policy  error  Generationengerechtigkeit  fairness  globalisation  globalization  Niall  Ferguson  climate  change  global  warming  energy  price  energy  security  energy  policy  Smart  Grid  babyboomers  Millennials  secular  stagnation  western  world  competitive  competitiveness  differentiate  differentiation  subsidies  subsidizing  long-term  view  long-term  thinking  short-term  thinking  short-term  view  OECD  IMF  STEM  Manufacturing  R&D  Research  education  policy  vocational  education  professional  education 
september 2015 by asterisk2a
Bank of England may cut rates, says chief economist - BBC News
Softening employment figures and weakening surveys on manufacturing and construction output suggested growth in the UK could slow in the second half of the year and inflation might not pick up as expected. Furthermore, problems in emerging markets could be a drag on UK growth and the headwinds from those economies were unlikely to abate any time soon, Mr Haldane added. //&! In a wide-ranging speech that called on central bankers to think more radically to fend off the next downturn – including the notion of abolishing cash – Haldane warned the UK was not ready for higher borrowing costs. He described recent events in Greece and China as "the latest leg of what might be called a three-part crisis trilogy."
China  sovereign  debt  crisis  European  Union  BRIC  credit  bubble  2015  headwinds  Fed  mandate  BOE  bond  bubble  Taper  Richard  Koo  fiscal  policy  austerity  monetary  policy  QE  ZIRP  NIRP  QT  British  Pound  Sterling  Dollar  petrodollar  FX  reserves  excess  reserves  liquidity  trap  GFC  economic  history  trickle-down  economics  Pact  Schuldenbremse  George  Osborne  budget2015  David  Cameron  industrial  policy  underinvestment  infrastructure  investment  productivity  output  gap  STEM  Research  competitiveness  competitive  differentiate  differentiation  shadow  banking  banking  crisis  leverage  margin  trading  speculative  bubbles  property  bubble  asset  allocation  capital  allocation  asset  bubble  hunt  for  yield  FOMO  equity  bubble  Gini  coefficient  inequality  social  mobility  crony  capitalism  Wall  Street  business  confidence  business  investment  profit  maximisation  shareholder  value  share  buyback  Niall  Ferguson  secular  stagnation  western  world  deflationary  deflation  macroprudential  policy  microeconomic  policy  education  policy  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  tax  code  corporate  tax  rate  short-term  thinking  short-term  view  monetary  transmission  mechanism  monetary  stimulus  monetary  policy  monetary  monetary  debt  unconve 
september 2015 by asterisk2a
OECD: leading countries spend $200bn a year subsidising fossil fuels | Environment | The Guardian
Thinktank says member states and six biggest emerging economies should use sum to tackle climate change instead //&! Company emerges as Europe’s worst climate policy wrecker, according to a new table ranking firms by their records on lobbying and opposition - bit.ly/1Qtfq8j //&! 'its always about jobs' how about reframe it and retrain these people vs putting them directly on the dole, funded by government - long-term investment! duh. there is always an alternative. //&! nyr.kr/1W8YWpH - What Exxon Knew About Climate Change - The influence of the oil industry is essentially undiminished, even now. The Obama Administration may have stood up to Big Coal, but the richer Big Oil got permission this summer to drill in the Arctic;
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september 2015 by asterisk2a
ECFR's World in 30 Minutes: Refugee Crisis by ECFR
&! EU East - West divide on refugee crisis? - bit.ly/1iyR1Ut //&! [Instability in Libya contributes to the migration crisis - bit.ly/1Qs2Upt - also mentions Lybia - bit.ly/1NG5cCq "crisis everywhere" europe is engulfed and involed in their own crises: sovereign debt, refugees, brexit, grexit, Brussels, political crisis, low growth (deflation fear) ... // &! bit.ly/1OJNA9n - The 550 million dollar program launched last year to train moderate Syrian rebel forces did not bring any results. According to the White House "he [ POTUS] had never believed in the strategy, anyway". &! bit.ly/1JjNy0O &! bit.ly/1QG0bti - 'Europe is responsible for the current refugee crisis, because it supported the West’s aggressive foreign policy in the Middle East. Such a statement was made by Syrian President Bashar Assad in an interview with Russian media outlets.' // [ EU seems 2be fucked bc only NATO soldiers on ground will work. who will bite bullet first? & also HAVE TO cooperate w Assad-Regime. ]
European  Union  European  History  economic  refugee  Turkey  Lybia  Syria  Syrien  Eritrea  Boko  Haram  ISIS  Assad  Middle  East  Nigeria  Africa  geopolitics  instability  democracy  USA  UK  Iraq  War  Iraq  Afghanistan  Saudi  Arabia  Jordan  Israel  Russia  China  foreign  affairs  foreign  policy  foreign  relations  Aid  refugee  crisis  refugee  political  refugee  refugee  presidency  barackobama  military  intervention  military–industrial  complex  Intelligence  NSA  GCHQ  Drone  Warfare  Drone  Strike  Pakistan  Balkan  NATO  Roma  Egypt  Arab-Spring  Arab  League  Ukraine  Ukrain  Crimea  Crimea  Angela  Merkel  2015  Iran  United  Nations  Security  Council  United  Nations  Dictatorship  David  Cameron  political  theory  Politics  social  contract  No  Representation  short-term  thinking  short-term  view  Career  Politicians  Leadership  diplomacy  Taliban  al-Qaida  islamic  radicalism 
september 2015 by asterisk2a
In the loop August 28: Google, Brexit lobby and Uber's expansion by POLITICO Europe
[My take, for EU to thrive, it needs 2 develop & integrate further the 6 killer apps of western nations history, but they dont do that. quite the opposite especially under pressure situations (refugee crisis response: bit.ly/1KkArk5 Merkel 'this is EU wide problem, not just Germanys') & that is very much something that speaks 4 Brexit as UK has 2 give up further powers & further struggle 2 be just a prosthetics (not even appendage like science can grow an ear on someones arm) 2 Europe, which gives other countries internal nationalism leverage 2 put barriers in way of really putting Europe on the map of the "world economy," developing/advancing the 6 killer apps 4 Europe. Brexit will be part of Merkel's legacy! Verwalten of status quo. No principles. No vision. No mission. No future.] bit.ly/1FW3Qgi // European integration itself is a Moonshot project & it looks like that crisis management leading to political crisis, doesnt help at all putting the rocket together in the first place.
Brexit  lobbyist  lobby  Lobbying  Peter  Mandelson  European  Commission  UK  European  Union  vested  interest  interest  groups  Career  Politicians  Politics  reframing  framing  geopolitics  Tories  Conservative  Party  London  Westminster  constituency  UKIP  general  election  2015  election  campaign  promises  Freedom  of  Information  Act  transparency  democracy  referendum  SNP  Labour  Party  ideology  dogma  austerity  Brussels  Polarisation  manufactured  consent  propaganda  populism  migration  immigration  Scottish  Independence  Scottish  referendum  newscorp  News  Corp.  News  Corporation  No  Representation  social  contract  political  economy  Policy  Makers  Niall  Ferguson  NiallFerguson  European  History  fiscal  Pact  Schuldenbremse  Angela  Merkel  status  quo  Eurobond  transferunion  European  Integration  Lisbon  Treaty  Crisis  Rechtsruck  Rechtsextremismus  political  folly  political  theory  political  science  political  error  short-term  view  short-term  thinking 
september 2015 by asterisk2a
Disenfranchised Voters and the Rise of Radical Populism - YouTube
inequality  squeezed  middle  class  Sozialer  Abstieg  Gini  coefficient  bank  bailout  sovereign  debt  crisis  austerity  2015  Gerechtigkeit  fairness  Generationengerechtigkeit  Rechtsextremismus  Rechtsruck  Jeremy  Corbyn  Labour  Party  Conservative  Party  David  Cameron  dogma  neoliberalism  neoliberal  political  economy  political  theory  social  tension  social  change  Bernie  Sanders  European  Union  Brexit  Grexit  Schengen  Agreement  UK  Germany  Polarisation  populism  manufactured  consent  corporate  state  corporate  media  propaganda  reframing  framing  PR  spin  doctor  fiscal  policy  monetary  policy  reflate  reflation  recovery  GFC  crony  capitalism  Wall  Street  deregulation  TTIP  self-regulation  neoconservatism  neoconservatives  democracy  No  Representation  Career  Politicians  Opportunism  opportunist  secular  stagnation  trickle-down  economics  AfD  UKIP  NPD  Xenophobia  Antisemitismus  antisemitism  European  Election  2014  campaign  promises  investment  banking  Schuldenbremse  Pact  constituency  Angela  Merkel  social  cohesion  social  contract  short-term  thinking  short-term  view  lobbyist  lobby  Lobbying  revolving  door  working  poor  debt  debt  stagnation  inequality  social  state  precar 
september 2015 by asterisk2a
Jeremy Hunt’s ‘24/7’ plan for the NHS proves it – he should be sacked | Jullien Gaer | Comment is free | The Guardian
[ opportunist - constituency wooing gift ] Overworked, stressed health professionals are cursed with a secretary of state who knows nothing of the service they work in and its ideals //&! bit.ly/1KkIX0i //&! UK social care system failing most vulnerable - We see the impact the last five years have had on our services, all directly caused by the ideological bias of our two most recent secretaries of state for health. This includes the failure to plan the future NHS workforce properly, the cutting of local authorities’ budgets almost to the quick - bit.ly/1VRKYZc //&! bit.ly/1gvVO78 - With the NHS a key issue in the election campaign, Guardian Health correspondent Denis Campbell was joined by a panel of leading experts to discuss whether the NHS's unique model of healthcare is under threat.
Jeremy  Hunt  constituency  NHS  election  campaign  promises  general  election  2015  austerity  David  Cameron  George  Osborne  Toff  Privileged  Establishment  babyboomers  premature  ageing  ageing  population  demographic  bubble  policy  folly  policy  error  Career  Politicians  general  election  2020  No  Representation  short-term  view  short-term  thinking  Opportunism  opportunist 
september 2015 by asterisk2a
'The trade union bill is sinister' | Owen Jones meets Frances O'Grady - YouTube
>> Changes for Tories constituency.
Trade  Union  Workers  Union  Wall  Street  shareholder  value  profit  maximisation  John  Lewis  co-op  cooperation  gender  pay  gap  CEO  pay  No  Representation  Soziale  Marktwirtschaft  globalization  globalisation  Germany  UK  USA  White-collar  Worker  Blue-collar  Worker  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  democracy  fairness  Gesellschaft  Gerechtigkeit  exploitation  neoliberalism  neoliberal  lobbyist  lobby  Lobbying  Tories  Conservative  Party  David  Cameron  George  Osborne  dogma  austerity  wage  growth  income  growth  ideology  low  income  income  distribution  productivity  income  gap  income  redistribution  income  inequality  Gini  coefficient  inequality  social  mobility  income  mobility  downward  mobility  education  policy  apprenticeships  Super  Rich  1%  tax  evasion  tax  avoidance  tax  code  corporate  tax  rate  underinvestment  business  investment  skills  gap  capital  skills  human  capital  skill-biased  technological  change  practical  skills  practical  skill  set  short-term  thinking  short-term  view  opportunity  opportunist  trickle-down  economics  Establishment  Toff  Privileged  social  safety  net  welfare  state 
september 2015 by asterisk2a
Jeremy Hunt breezes through MPs' health check | Politics | The Guardian
Giving evidence before Tuesday’s health select committee, Hunt gave the impression of it only being a matter of time before he learned to walk on water. He breezed in, his trademark grin revealing gleaming white teeth, as if he were hosting a departmental drinks party. Which he almost could have been. The two-hour session that had once looked as if it might get a little sticky as the committee unpicked the details of his NHS reforms, was going to be a walk in the park. Not because Sarah Wollaston or her other committee members were anything other than forensic in their questioning, but because no one in the rest of the country was paying the slightest attention. [...] Hunt began in buoyant form, suggesting that despite an ageing population, a lack of money and rising expectations, the NHS had never been in better health.
NHS  Jeremy  Hunt  austerity  sick  population  health  care  budget  public  health  policy  health  care  spending  health  crisis  public  health  chronic  diseases  cancer  premature  ageing  ageing  population  George  Osborne  David  Cameron  Tories  Conservative  Party  2015  budget  deficit  accountability  medical  profession  lobbyist  lobby  Lobbying  food  industry  democracy  Career  Politicians  short-term  view  short-term  thinking  Big  Sugar  Sugar  Tax  carnism  western  diet  Standard  American  diet  pattern  diet  sedentary  lifestyle  western  lifestyle  fast  food  junk  food  processed  food  Chain  food  poverty  convenience  Mindfulness  self-awareness  public  discourse  public  debate  public  awareness  public  interest  public  perception  GP  A&E  mental  health 
september 2015 by asterisk2a
Consumed: How We Buy Class in Modern Britain: Amazon.co.uk: Harry Wallop: 9780007457106: Books
[ abuse of human condition, evolution ] he argues that our social standing in today's society is no longer determined by the accent you speak with, the school you attended, or your parents. Rather, it is determined by the food we eat, our choice of holiday destination, the clothes we wear, the size of the TV we sit in front of, and whether you use a plug-in air freshener or a smelly candle. // &! Enough: Breaking Free from the World of Excess Paperback (2009) by John Naish // &! No Logo by Naomi Klein //&! The Tyranny of Choice - Renata Salecl //&! The Paradox of Choice: Why More Is Less - Barry Schwartz //&! The Art Of Choosing: The Decisions We Make Everyday of our Lives, What They Say About Us and How We Can Improve Them - Sheena Iyengar // &! Essentialism: The Disciplined Pursuit of Less (Greg McKeown) // &! September 2015 Wish list // &! essentialism, simplicity, minimalism, minimalismus, and tim ferriss >> decision fatigue
status  anxiety  status  symbol  status  quo  socioeconomic  status  social  status  identity  visual  identity  labels  label  boxes  snap  judgement  Alain  de  Botton  book  materialism  consumer  choice  consumerism  consumerist  consumer  zombie  consumer  closetphile  marketing  reframing  framing  Apple  aspirational  aspirational  product  advertisement  advertising  childhood  development  childhood  prejudice  judgement  society  Gesellschaft  Wegwerfgesellschaft  short-term  substance  abuse  climate  change  global  warming  long-term  view  long-term  thinking  counter  culture  Silicon  Valley  social  entrepreneurship  short-term  thinking  short-term  view  Opportunism  opportunist  crony  capitalism  post-capitalism  capitalism  Share  Economy  marginal  propensity  to  consume  disposable  income  discretionary  spending  finite  resources  ecological  disaster  plastic  nation  plastic  bag  environmental  disaster  Millennials  generationy  Wall  Street  profit  maximisation  shareholder  value  shared  economic  interest  climate  crisis  unintended  consequences  unknown  unkown  Polarisation  manufactured  consent  corporate  media  lobbyist  lobby  Lobbying  Career  Politicians  nanny  state  revolving  door  propaganda  CSR  corporate  social  responsibility  corporate  state  corporate  culture  corporate  values  character  personal  values  PR  spin  doctor  media  social  change  con 
september 2015 by asterisk2a
The Myth of Valley DoucheBaggery - John Battelle's Search Blog
But I think our industry culture is moving far faster than the writers at Silicon Valley might wish to believe. I think we’re seeing the rise of a new culture, one that rejects arrogance and the founder worship which breeds it. Inevitable outliers aside, the Valley and technology culture I experience every day in my work at NewCo is one of passion, sweat, earnestness, and good intentions. Sure, we all fuck up. And sure, the press (especially, not surprisingly, the press in New York) has a field day when someone does. But by and large, the teams making companies like Slack, LiveRamp, Medium, Earnest, MetroMile, Lyft, Okta, Pinterest, and hundreds more are damn fine people, and they are dedicating their lives to making something that creates positive change – a product or service that makes the world a better place (even if it’s in a small way). [...] When you’re facing existential threat, our tolerance for douchebaggery in the name of making more money at any cost, ....
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september 2015 by asterisk2a
NHS warns nurse immigration rules 'harm patient safety' - BBC News
"But the fact that 10 senior chief executives from different parts of England have signed this letter reflects the strength of concern across the NHS. "The public might, like us, be surprised to learn that the list of occupations with shortages includes computer games designers and even ballet dancers - but not nurses." The Migration Advisory Committee is reviewing this aspect of the immigration system but is not due to report until the end of the year. The NHS leaders argue action is needed before then - because extra UK nurses who are in training now will not be available until 2017 at the earliest. [ >> Risk of more agency staff >> higher budget spend ] UCLH, which has about 500 vacancies at the moment, out of 3,000 nurses. // &! bit.ly/1LZ0nlH - A chronic lack of nurses so serious that it posed “a major risk” to patients. - NHS hospital trust put in special measures over serious care failings
UK  immigration  NHS  GP  2015  austerity  Tories  Conservative  Party  George  Osborne  dogma  ideology  short-term  thinking  short-term  view  opportunist  Career  Politicians  No  Representation  Public  Services  Social  Services 
september 2015 by asterisk2a
How Legal Immigration Failed Silicon Valley | TechCrunch
Our immigration system hinders entrepreneurship, innovation and productivity. Success in the tech industry, where whole new job categories are created overnight, requires deep familiarity with trends, products and technologies. Learning opportunities abound — if you’re willing to transition to new roles, educate yourself, work on different products or switch companies altogether. Building your own startup, or even joining one, can be the best career move; it offers remarkable potential for growth by wearing multiple hats in an expanding organization. The labor market benefits from this flexibility not just with an improved and adaptable workforce, but also one that creates jobs. The immigration process impedes all these possibilities. [...] [ reset process when switching companies ] [...] And that’s not even the worst part. If you get laid off, you must leave the country. Immediately. [...] Try telling your VC you spent $25,000 of their $1 million funding on immigration fees
USA  immigration  Europe  Germany  UK  skill-biased  technological  change  skills  gap  capital  skills  workforce  migration  ecosystem  Silicon  Valley  Berlin  Start-Up  Scene  London  Scene  Green  Card  job  security  insecurity  American  Dream  entrepreneur  practical  skills  practical  skill  set  skill  job  creation  borderless  globalization  globalisation  flat  world  global  economy  digital  economy  marginal  cost  economics  of  abundance  Future  of  Work  Remote  Work  liberal  economic  reform  policy  error  short-term  view  Career  Politicians  No  Representation  neoconservatism  neoconservatives  Rechtsruck  ageing  population  demographic  bubble  STEM  R&D  Research  Industrial  Revolution  2.0  policy  labour  market  labour  economics  added  value  value  creation  multiplier  education  policy  vocational  education  professional  education  long-term  view  HR  human  resources  hiring  recruiting  recruitment  war  for  talent  H1B  startupvisa  visa  H-1B 
september 2015 by asterisk2a
Vince Cable: Osborne is cynical but will be next prime minister | Politics | The Guardian
“Some of the greatest pressure came on Iain Duncan Smith at the Department for Work and Pensions, whose poor, disabled, unemployed and otherwise vulnerable clients were seen as easy targets for cuts. “IDS was a significant figure, and a fundamentally decent man, but he spent much of his time fighting off pubescent advisers and Treasury officials with cruel ideas for saving money.” [ // they are not the majority of voteres, that vote tories, and thus him, into office at the next election. the poor, vulnerable. disables are not his constituency he has to bank on to follow after David Cameron. ]
austerity  welfare  state  Opportunism  opportunist  babyboomers  vulnerable  Disabled  DWP  Iain  Duncan  Smith  George  Osborne  Tories  Gesellschaft  fairness  Generationengerechtigkeit  general  election  2015  election  campaign  promises  budget2015  Career  Politicians  No  Representation  neoliberalism  neoliberal  dogma  ideology  Privatisation  UK  short-term  thinking  short-term  view  policy  error  voter  turnout  apathy  corporate  tax  rate  capital  gains  tax  tax  code  Super  Rich  1%  Privileged  Establishment  Toff  JSA  ESA  social  safety  net  social  mobility  income  mobility  Gini  coefficient  poverty  trap  child  poverty  poverty  PR  spin  doctor  David  Cameron  lobbyist  lobby  Lobbying  revolving  door  Wall  Street  shareholder  value  profit  maximisation  self-regulation  deregulation  Zero  Hour  Contract  precarious  work  Precariat  tax  credit  child  tax  credit  working  tax  credit  working  poor  Contractor  underemployed  part-time  minimum  wage  Food  Bank  poverty  2015  Polarisation  propaganda  populism  manufactured  consent  corporate  state  corporate  media  reframing 
september 2015 by asterisk2a
Soziale Gerechtigkeit und Wachstum: Deutschland mittelmäßig - SPIEGEL ONLINE
Wie gut gelingt es Staaten, eine nachhaltige Wirtschaftspolitik mit sozialer Gerechtigkeit zu vereinen? Deutschland landet in einer Studie des Weltwirtschaftsforums nur im Mittelfeld. Vor allem das Steuersystem schneidet schlecht ab. // &! bit.ly/1K7qKCb - Erbschaft!
Generationengerechtigkeit  fairness  austerity  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  gender  inequality  economic  growth  tax  free  income  kalte  Progression  coldprogression  Universal  Basic  Super  Rich  1%  Public  Services  Services  welfare  state  social  safety  net  OECD  IMF  Robert  Reich  Joseph  Stiglitz  Thomas  Piketty  tax  avoidance  tax  evasion  capital  gains  tax  income  tax  infrastructure  infrastructure  investment  commuting  chronic  stress  child  poverty  poverty  trap  food  poverty  well  being  happiness  index  neoliberalism  neoliberal  Workers  Union  precarious  work  Precariat  working  poor  minimum  wage  tax  credit  education  policy  underbanked  poverty  Sozialer  Abstieg  squeezed  middle  class  corporate  tax  rate  Privatisation  underinvestment  productive  investment  investment  Public  Good  Career  Politicians  short-term  long-term  competitiveness  globalisation  globalization  borderless  flat  world  job  security  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  tax  code  lobbyist  lobby  Lobbying  shared  economic  interest  Wall  Street  profit  maximisation  shareholder  value  Mittelstand  SME  SMB  Germany  society  culture  Gesellschaft  babyboomers  Millennials  generationy  bank  social  bail 
september 2015 by asterisk2a
Bumper payouts for housebuilding executives as market booms | Business | The Guardian
Two of Britain’s largest housebuilders, Berkeley Group and Persimmon, could hand out about £1bn to their top executives and managers in pay and bonuses over the next six years, boosted by strong UK house prices and government-subsidies for home-buyers. Tony Pidgley, founder and executive chairman at Berkeley, is expected to face tough questions on Tuesday at the group’s shareholder meeting near its headquarters in leafy Cobham, Surrey, after it emerged last month that his pay package last year was worth £23.3m. [...] Meanwhile, executives at Persimmon, the UK’s largest housebuilder, also have a Berkeley-style incentive scheme that is one of the most generous to be found at a London stock market-listed firm. [...] Berkeley’s share price has risen more than 40% since the election of a Conservative government in May, [...] [bonuses] “entirely based on short-term performance”. [...] return on equity[.][ < KPI, what gets measured gets done ] &! bbc.in/1KE0jut - Barratt Homes profits +45%
social  housing  affordable  housing  CEO  pay  Wall  Street  profit  maximisation  shareholder  value  CEO  Leadership  housing  market  housing  crisis  generation  rent  Generationengerechtigkeit  fairness  UK  property  bubble  Supply  and  Demand  Demand  and  Supply  vested  interest  Tories  Conservative  Party  No  Representation  social  tension  social  cohesion  gentrification  Gentrified  austerity  2015  mortgage  market  speculative  bubbles  speculative  speculation  hot-money  bonuses  bonus  transparency  accountability  crony  capitalism  shared  economic  interest  general  election  2015  election  campaign  promises  George  Osborne  babyboomers  David  Cameron  social  contract  political  theory  exploitation  lobbyist  lobby  Lobbying  oligopoly  oligopol  monopsony  cartel  antitrust  financial  incentive  Public  Good  underinvestment  investment  productive  investment  output  gap  productivity  commuting  infrastructure  investment  trickle-down  economics  neoliberalism  neoliberal  budget2015  policy  folly  policy  error  Makers  Public  short-term  long-term  living  standard  cost  of  living  cost  of  ownership  cost  of  entry  living  spaces  standard  of  living  living  environment  city  living  urban  planning  urbanisation 
september 2015 by asterisk2a
Labour leadership races can change fast; interest rates, not so much | Business | The Guardian
The fact of the matter is that, while George Osborne is obsessed with shrinking the size of the public sector and causing hardship and misery, the real crisis in this country concerns not the size of the budget deficit, but the record peacetime balance-of-payments deficit of a whopping 6% of GDP. With this in mind, John Llewellyn and Russell Jones of Llewellyn Consulting have been urging the Bank to encourage the overvalued pound to fall towards more realistic levels, to avoid an almighty sterling crisis when the markets finally wake up to the real crisis in the British economy.
balance  of  payments  2015  budget2015  austerity  output  gap  productivity  household  debt  public  debt  private  debt  consumer  debt  UK  George  Osborne  short-term  Mark  Carney  BOE  ZIRP  QE  NIRP  bond  bubble  current  account  deficit  trade  deficit  structural  deficit  industrial  policy  STEM  Research  Manufacturing  energy  policy  energy  price  renewable  energy  Career  Politicians  No  Representation  fairness  Generationengerechtigkeit  Tories  Conservative  Party  Toff  Establishment  Privileged  asset  bubble  equity  bubble  property  bubble  reflate  reflation  fiscal  stimulus  fiscal  policy  Richard  Koo  debtoverhang  balance  sheet  recession  Software  Is  Eating  The  World  underinvestment  productive  investment  public  investment  business  investment  business  confidence  wage  stagnation  wage  growth  secular  stagnation  deflationary  deflation  competitive  competition  competitiveness  globalization  globalisation  global  trade  added  value  value  creation  corporate  tax  rate  capital  gains  tax  inequality  Gini  coefficient  poverty  trap  child  poverty  social  mobility  income  mobility  disposable  income  discretionary  spending  economic  history  trickle-down  economics  neoliberalism  neoliberal  Privatisation  pound 
september 2015 by asterisk2a
Vince Cable: ‘Historically, the coalition will be seen as a success’ – interview | Politics | The Guardian
[A] look at the post-crash global economy, is the first fruit of that freedom. After toeing the line for five years, he can go public with his criticisms of chancellor George Osborne’s handling of the economy. He warns that the emphasis on consumption rather than investment, the continuing reliance on house price inflation as the driver of growth, the decline in productivity and innovation mean fundamental problems are not being addressed. He is also the first minister to lift the lid on the coalition: we learn the Tories could be likable colleagues but “collectively appalling, with ugly tribal prejudices”; that Osborne and David Cameron were unable “to move Theresa May an inch”; that Osborne’s Treasury effectively controlled government, with a hands-off Cameron; and that, in Cable’s view, Nick Clegg and Danny Alexander were too accepting of the Treasury line. [...] [ Cameron the PR man, being in office for the sake of just being in Office ] &! bit.ly/1KROBLk
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
Flüchtlinge: Deutschland braucht eine Leitkultur, Kolumne - SPIEGEL ONLINE
Neues Deutschland: So viel Freude über Fremde war noch nie. Lieben wir plötzlich das Bunte - oder wollen wir schon wieder vor uns selbst fliehen? Das wird nicht funktionieren. Eine Frage wird immer wichtiger: Was ist eigentlich deutsch?
Germany  Gesellschaft  Zivilgesellschaft  identity  Leadership  GroKo  Angela  Merkel  Sigmar  Gabriel  SPD  CDU  CSU  Wolfgang  Schäuble  bank  bailout  sovereign  debt  crisis  Lügenpresse  corporate  media  corporate  state  neoliberalism  neoliberal  Soziale  Marktwirtschaft  Sozialer  Abstieg  squeezed  middle  class  inequality  Gini  coefficient  civil  society  civic  society  civic  life  mission  vission  short-term  long-term  Opportunism  opportunist  Career  Politicians  No  Representation  social  cohesion  social  tension  social  contract  political  economy  European  Union  Deutschland  public  image  public  discourse  public  debate 
september 2015 by asterisk2a
This refugee crisis was a test for David Cameron. He’s flunked it | John Harris | Comment is free | The Guardian
"If there was any shred left of the progressive, “modernising” David Cameron who wanted to avenge the idea of the “nasty party” and take on the uglier aspects of Labour’s record, this was arguably his moment. The case for an act of principled leadership was glaring. But on the barren political ground left by his predecessors, he flunked it." // http://www.theguardian.com/world/2015/sep/02/david-cameron-migration-crisis-will-not-be-solved-by-uk-taking-in-more-refugees
David  Cameron  Tories  Toff  Privileged  Establishment  Nasty  Party  austerity  vulnerable  child  poverty  food  poverty  poverty  poverty  trap  Gini  coefficient  social  mobility  income  mobility  inequality  income  inequality  gender  inequality  Conservative  Party  George  Osborne  Iain  Duncan  Smith  DWP  Disabled  immigration  migration  imigrants  imigaration  Gesellschaft  Zivilgesellschaft  social  cohesion  social  tension  budget2015  Generationengerechtigkeit  bank  bailout  neoliberalism  neoliberal  deregulation  self-regulation  London  Westminster  Career  Politicians  No  Representation  social  contract  policy  error  policy  folly  short-term  thinking  short-term  view  Opportunism  opportunist 
september 2015 by asterisk2a
Alibaba Is the Canary in China's Coal Mine - Bloomberg View
It turns out investors were right about Alibaba: No company is more on the front lines of China's economic shifts than Jack Ma's juggernaut. And that's just where the problems begin. [...] After months of putting the entire weight of the government behind saving the market, Beijing appears to have given up. The fallout from that realization will have unpredictable effects on 1.3 billion people indoctrinated to believe Beijing can control any crisis or narrative. As markets swoon and gross domestic product slides, consumers are delaying nonessential purchases. [...] Mass austerity has only just begun. [...] it would be interesting to see how the government responds to "large and widespread investment losses that could lead to a notable negative wealth effect which could weaken consumption, as well as grievances against the authorities." [...] Macau's GDP -26.4% last quarter [...] Chinese gamblers stayed home. [...] Ma created a better quarterly GDP report than Beijing.
Alibaba  China  Jack  Ma  2015  credit  bubble  PBOC  equity  bubble  asset  bubble  property  bubble  speculative  bubbles  speculative  hunt  for  yield  speculation  Yuan  RMB  devaluation  distortion  QE  ZIRP  NIRP  margin  trading  leverage  discretionary  spending  Call  Taper  Fed  BOE  balance  sheet  recession  underwater  market  intervention  bond  bubble  unknown  unkown  unintended  consequences  hubris  irrational  exuberance  western  world  faultlines  Structural  Impediments  imbalance  savings  glut  correlation  excess  reserves  banking  crisis  shadow  banking  investment  banking  New  Normal  fractional  reserve  banking  banking  BIS  centralbanks  monetary  policy  fiscal  policy  short-term  1%  Super  Rich  Privileged  Establishment  Toff  bank  bailout 
september 2015 by asterisk2a
Steen Jakobsen: Get Ready For The Biggest Margin Call In History - YouTube
ideology/Career Politicians/Complacency/Cushy/non-ambitious/AIIB/comfortable //&! bit.ly/1cU2RVS March 2015, SELL & come back in 6 months - bloom.bg/1NTykGB //&! bit.ly/1NJvXai &! bit.ly/1VsYTEJ Outrageous predictions for 2015 were: China devalues yuan 20% [joining others in global struggle to import inflation] &! Corporate high yield market spreads double (higher refinancing cost, which zombie corporations do actually have no pants on as tide goes out) "High yield is a derivative of equity markets. If you believe equities are overvalued, so too is high yield," &! UK house prices crash (foreign hot money, speculative + shortage + Summer 2015 Crash + BOE Taper in 2015/16 = back to reality!) &! Russia defaults again // &! Fed Taper is a "margin call," [need 2 normalize despite its mandate/fundamentals not warranting a hike!] [...] a seven-year bull run 4 equities might be coming to an end [...] the rise (not value) of RMB/Yuan as it becomes free floating out of need] - cnb.cx/1MMyLSC
Abenomics  Yen  Yuan  RMB  devaluation  currency-war  fiat  currency  currency  debasement  currency  war  deflationary  deflation  credit  bubble  PBOC  China  credit  cycle  business  cycle  financial  cycle  financial  crisis  leverage  margin  trading  underinvestment  productive  investment  business  investment  public  investment  personal  investment  infrastructure  investment  rebalancing  structural  imbalance  Impediments  infrastructure  Career  Politicians  short-term  Fortune  500  shareholder  value  profit  maximisation  Wall  Street  ROI  STEM  Research  R&D  business  confidence  consumer  confidence  New  Normal  hunt  for  yield  output  gap  productivity  Software  Is  Eating  The  World  Robotics  3D  printing  Steen  Jakobsen  financial  incentive  secular  stagnation  Manufacturing  Industrial  Revolution  2.0  policy  AIIB  Asia  European  Union  share  buyback  2015  equity  bubble  speculative  bubbles  bond  bubble  property  bubble  asset  bubble  asset  allocation  distortion  demographic  bubble  ageing  population  western  developed  liquidity  trap  UK  USA  Europe  BOE  Fed  BOJ  ECB  bank  bailout  toobigtofail  too  big  to  jail  too  big  to  bail  banking  crisis  sovereign  debt  crisis  austerity  ideology  dogma  economic  history  trickle-down  economics  neoliberalism  neoliberal 
august 2015 by asterisk2a
Steve Keen on Education - YouTube
economy future relies on innovation. and if you check and monitor to death a system, and add bureaucracy on top of it, and low wages, and being under staffed and being over worked. and crowded, noisy class rooms (unable to spot talent and unable to sponsor). you can't have a prosperous future economy/generation with high social mobility. higher incomes. new industries. // oh and theyve cut research to nothing // oh and the creative digital industry is complaining, and added value industry is complaining about lack of qualified/skilled young workforce. // // UK will lose rest of its heavy industry because of energy prices it can't compete on world wide because it hasn't invested in the Smart Grid, energy storage systems, infrastructure, and renewable energy! Period. Budget2015 they cut all of renewable investment schemes and even had the audacity to put a carbon tax levy on it!
UK  education  policy  social  mobility  income  mobility  Gini  coefficient  STEM  University  College  vocational  education  apprenticeships  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Research  knowledge  economy  knowledge  worker  skill-biased  technological  change  skills  gap  capital  skills  practical  skills  practical  skill  set  softskills  Fachkräftemangel  Millennials  generationy  entrepreneurship  entrepreneurial  social  entrepreneurship  capitalism  creative  destruction  disruption  Software  Is  Eating  The  World  Robotics  3D  printing  automotive  automation  self-driving  cars  autonomous  car  globalization  globalisation  borderless  flat  competitive  competition  competitive  advantage  competitiveness  public  investment  business  investment  underinvestment  productive  investment  infrastructure  investment  long-term  view  short-term  view  Career  Politicians  No  Representation  social  contract  Generationengerechtigkeit  fairness  secular  stagnation 
august 2015 by asterisk2a
Twitter works just fine – but for investors, anything except total market domination is a disaster | Comment is free | The Guardian
Nothing better illustrates capitalism’s addiction to illogic than the mismatch between Twitter’s workability and its unpopularity with Wall Street [...] Any company that cannot demonstrate a clear route to monopolising its space, monetising its users’ data on a vast scale, is to be discarded, targeted for acquisition, consigned to perpetual dowdiness. [...] When I’ve pointed to Wikipedia, Apache or Linux as harbingers of a new, non-market, open source economics, one of the stock responses is: “now show us something more spectacular.” The problem is, these modest, functional and free products are already in their own way spectacular. Wikipedia is the biggest information product in the world; Apache runs half the world’s web servers; and Linux is the system of choice for at least a third of all servers (the computers that run businesses) and 97% of the world’s supercomputers.
Twitter  Wall  Street  shareholder  value  profit  maximisation  short-term  short-term  thinking  short-term  view  crony  capitalism  capitalism  exploitation  post-capitalism  monopoly  monopsony  oligopoly  oligopol  Facebook  IPO  Google  Open  Source  Share  Economy  Open  Data  Wikipedia  GNU/Linux  Apache  Wordpress  creative  destruction  Software  Is  Eating  The  World  3D  printing  Robotics  automotive  self-driving  cars  disrupting  markets  disruption  Marketplace  commodity  business  commoditization  marginal  cost  differentiate  differentiation  economics  of  abundance  autonomous  car  automation  Future  of  Work  Mobile  Creatives  Mobile  21stcentury  Collaborative  collaboration  cooperation  user  generated  content  crowdsourcing  Industrial  Revolution  2.0  policy  Industrial  Revolution  economic  history  trickle-down  economics  Universal  Basic  Income  winner  take  all  Amazon  SAP  Salesforce  inequality  Thomas  Piketty  Super  Rich  1%  mainstreet.org  tax  evasion  tax  avoidance  Gini  coefficient  deregulation  neoliberalism  neoliberal  self-regulation  regulators  regulation  utility  public  utility  Good  Silicon  Valley  Unicorn  Decacorn  Private  Market 
august 2015 by asterisk2a
International Focus - A History of Austerity - YouTube
fallacy of composition problem // short-term profit seeking and rent-seeking behaviour, underinvestment, no productive investment - especially long-term. // this underinvestment - public and private sector + market forces and technological progess will level the world and the China/Asia/LatAm rises up to the western world level while western world stays stagnant (loss of standard/quality of living competitively) because of being behind - software is eating the world, 3D printing, uncompetitive manufacturing and heavy industry/goods because of higher energy prices because of lack of investment in energy storage systems that are realized right now and backing off in investment in renewable energy and energy efficiency schemes (especially UK budget2015), automation, robotics, lack knowledge workforce to fill future digital/STEM/knowledge jobs, because of low social mobility, student debt, cuts in education - vocational - professional, as well as giving up on child poverty targets.
rent-seeking  austerity  economic  history  recovery  GFC  secular  stagnation  ideology  dogma  European  Union  UK  USA  2015  underinvestment  productive  investment  asset  allocation  short-term  thinking  short-term  view  hunt  for  yield  QE  ZIRP  NIRP  asset  bubble  speculative  bubbles  equity  bubble  bond  bubble  public  investment  infrastructure  investment  long-term  view  long-term  thinking  Career  Politicians  neoliberalism  neoliberal  No  Representation  academia  academics  Angela  Merkel  Wolfgang  Schäuble  Troika  IMF  OECD  ChristineLagarde  Richard  Koo  Paul  Krugman  Robert  Reich  Joseph  Stiglitz  sovereign  debt  crisis  zombie  banks  TBTF  too  big  to  jail  toobigtofail  bank  bailout  NPL  ECB  Fed  BOE  fiscal  policy  Pact  Schuldenbremse  manufactured  consent  corporate  state  propaganda  corporate  media  populism  PR  spin  doctor  Eurogroup  EuroFin  democracy  Generationengerechtigkeit  fairness  social  contract  crony  capitalism  deregulation  self-regulation  regulation  regulators  lobbyist  lobby  Lobbying  revolving  door  unintended  consequences  unknown  unkown  lost  decade  lost  generation  western  world  Developing  developed  world  Gini  coefficient  social  mobility  income  mobility  policy  in 
august 2015 by asterisk2a
Austerity: The History of a Dangerous Idea - YouTube
faith in capitalism can only be sustained, according to Adam Smith, if we can better ourself (vs winner takes all) & talent diversion into Finance, not Climate Change, STEM, education, sw, hw & rogoff/reinhart called 4 fiscal stimulus in 2014. &! its a banking problem, not overspend, its corporate state (Tories) PR and spin doctors, manufacturing consent, propaganda/populism! change conversation away from banks! // youtu.be/a-8ySh6nUsA // &! The Austerity Delusion - youtu.be/NQGCoiakycQ // &! Is Austerity a Dangerous Idea? - youtu.be/2v8m-J8sgik // &! youtu.be/JQuHSQXxsjM // &! Mackenzie Lecture 2015 - youtu.be/B6vV8_uQmxs // &! After the Financial Crisis: How to Tell the Forest from the Trees - youtu.be/V3FPmu2_J_0 // &! Book Panel 2013 - youtu.be/Xz4FW8GDwG4 - "debt gets cured by growth." & austerity is ideological war on welfare state & class // &! youtu.be/iM2cnMhJZyg // &! youtu.be/in5M65566iw // &! What I Learned and (Un-Learned) at the Financial Crisis - youtu.be/lhldDOp77QA /
austerity  economic  history  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  apathy  voter  turnout  crony  capitalism  ideology  dogma  GFC  IMF  OECD  ChristineLagarde  George  Osborne  David  Cameron  Angela  Merkel  Troika  Wolfgang  Schäuble  Conservative  Party  Schuldenbremse  Fiscal  Pact  UK  Europe  Generationengerechtigkeit  fairness  lost  generation  lost  decade  Japan  ZIRP  NIRP  QE  unintended  consequences  asset  allocation  hunt  for  yield  speculative  bubbles  property  bubble  unknown  unkown  Taper  KennethRogoff  carmenreinhart  Thomas  Piketty  debtoverhang  balance  sheet  recession  sovereign  debt  crisis  deleveraging  Richard  Koo  trickle-down  economics  neoliberalism  neoliberal  Privatisation  industrial  policy  Revolution  2.0  deflationary  deflation  secular  stagnation  globalisation  globalization  Eurogroup  Paul  Krugman  Joseph  Stiglitz  reflate  recovery  reflation  bond  bubble  asset  bubble  faultlines  structural  imbalance  Impediments  BOE  macroeconomic  policy  microeconomic  policy  short-term  Career  Politicians  political  theory  social  contract  Gesellschaft  No  Representation  Rechtsruck  stagnation  social 
august 2015 by asterisk2a
If David Cameron really wants to help the poor, why hasn't he fired Iain Duncan Smith? - Comment - Voices - The Independent
In it Together, says that George Osborne’s view is that Duncan Smith is “just not clever enough”. But I did expect him to be moved, not primarily because he doesn’t measure up to the job, but because it would allow Cameron to ditch universal credit, the grand simplifying reform of the benefits system that everyone knows is never going to happen. So far, the best thing to be said about universal credit is that it doesn’t affect many people, as it is still being “rolled out” in “pilot schemes”. [...] Cameron knows perfectly well that it will never be implemented as intended; the Treasury knows it; No 10’s own civil servants gave up on it long ago, hence the joke about it being known as “universal cred” because the IT isn’t working. [ should take a page out of Obama's book (healthcare.gov) and ask somebody to help, who knows IT, and save it vs never able to fully deliver on it + additional cost. Comes back Cameron being a PR man and Career Politician. Never admitting to be wrong. ]
Iain  Duncan  Smith  DWP  George  Osborne  Conservative  Party  general  election  2015  election  campaign  promises  budget2015  David  Cameron  Tories  Toff  Establishment  Privileged  Career  Politicians  No  Representation  UK  political  theory  social  contract  Brexit  Universal  Credit  benefits  housing  benefit  tax  child  tax  working  tax  fairness  Generationengerechtigkeit  u-25  living  wage  minimum  wage  JSA  ESA  Disabled  PR  spin  doctor  corporate  state  neoliberalism  neoliberal  Privatisation  WCA  manufactured  consent  propaganda  populism  stigma  short-term  dogma  IMF  OECD  poverty  trap  Food  Bank  child  poverty  poverty  poverty  ideology  technocrat  policy  folly  policy  error  Jeremy  Hunt  NHS  public  health  policy  public  health  health  care  budget  health  care  spending  health  crisis  chronic  diseases  mental  health  mental  illness  sick  population  prevention  Big  Sugar  Legacy  inequality  Gini  coefficient  income  mobility  social  mobility  STEM  education  policy  industrial  policy  knowledge  economy  Makers 
august 2015 by asterisk2a
#TOA15 Interview with Amit Karp, Ciaran O’Leary, Felix Petersen and Robin Wauters - YouTube
Very connected, fluid, enabled by infrastructure & networking. &! youtu.be/JvQaHXGgeYQ // &! youtu.be/7s6C4OJ04Rc - #TOA15 Interview with Christoph Keese (Axel Springer) - Germany good at incrementalism. A to B. Industry not willing to disrupt itself, give away existing shrinking pie - for bigger pie. unwilling to break up and upwards (value add) existing products/processes/value chain (legacy) for better. << Axel Springer digital ventures (VC arm). &! #TOA15: ¨Are the Germans Unable to Disrupt?¨ with Christoph Keese (Axel Springer SE) - youtu.be/YyuJmAtZQis --- its about value creation, value add, redesigning of value, chains, product, data, ... big corps can't disrupt itself. especially not by committee. Legacy companies unlikely to survive because of pattern to stick to the conventional and fail, than fail with unconventional and look like a fool. (risk aversion, Failure in the public eye) -- book -- "Silicon Valley: Was aus dem mächtigsten Tal der Welt auf uns zukommt"
Berlin  Start-Up  Scene  ecosystem  Venture  Capital  Europe  Start-Up  Scene  London  Scene  Germany  Mittelstand  SME  SMB  incrementalism  incremental  disruption  creative  destruction  Blue  Ocean  innovator  innovation  competitive  competition  competitiveness  competitive  advantage  BMW  FinTech  autonomous  car  self-driving  cars  Exportweltmeister  Audi  Manufacturing  Industrial  Revolution  2.0  policy  STEM  Software  Is  Eating  The  World  Robotics  automation  Platform  Marketplace  Big  Data  book  added  value  value  creation  banking  Core  Product  Proposition  Proposition  intangible  value  cost  of  ownership  Industry  Tesla  Motors  Apple  Google  Inc.  Alphabet  Inc.  Silicon  Valley  Start-Up  advice  Start-Up  lesson  outsider  economic  history  Wall  Street  short-term  view  short-term  thinking  shareholder  value  profit  maximisation  commodity  business  commoditization  Failure  culture  stigma  3D  printing  Siemens  SAP  automotive 
august 2015 by asterisk2a
Jamie Oliver's crusade against sugar - YouTube
// profit on cost of people. getting treatment by NHS. what source of tax do you say yes to - sugar tax or NHS health care budget rising continually because rising treatment # and cost for diet related and lifestyle related chronic diseases!!?? // this is not nanny state. this is us saving, nudging, ourselfs away from the cliff to slow fiscal and health ruin - as individual, each and as country, and the earth, because it is not sustainable on an earth w finite resource ... we are consuming currently ~1.4 earth's per year
Big  Sugar  Jamie  Oliver  food  industry  tobacco  lobbyist  lobby  Lobbying  Standard  American  Diet  Western  pattern  sedentary  lifestyle  lifestyle  fast  food  processed  food  Chain  junk  food  food  poverty  Whole  Plant  Foods  Vegan  Carnism  omnivore  vegetarian  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  crony  capitalism  sick  population  public  health  policy  public  health  diabetes  chronic  diseases  chronic  low-grade  inflammation  health  care  budget  health  care  spending  health  crisis  NHS  UK  USA  Europe  Developing  World  ethical  ethics  philosophy  sociology  moral  beliefs  corporate  values  corporate  governance  corporate  media  corporate  culture  Career  Politicians  No  Representation  social  contract  nanny  state  sustainability  sustainable  short-term  thinking  short-term  view  long-term  view  long-term  thinking  post-capitalism  Dairy  Milk  Meat  agriculture  industry  mono  agriculture  agriculture  policy  industrial  agriculture  ecological  disaster  environmental  disaster 
august 2015 by asterisk2a
Thousands have died soon after being found ‘fit to work’ by the DWP’s benefit tests - UK Politics - UK - The Independent
The Department for Work and Pensions battled for months not to release the numbers, with its chief minister Iain Duncan Smith at one point telling Parliament they did not exist. [...] "What lies behind these figures is a cruel climate generated by some politicians and sections of the media that seeks to demonise those in need and undermine public confidence in our welfare state," [...] In 2012 a government advisor appointed to review the Government’s Work Capability Assessment said the tests were causing suffering by sending sick people back to work inappropriately. // [ privatisation and profiteering ] // Mr Duncan Smith arguing that the previous cash level created a “perverse incentive”. // &! bit.ly/1Ik0ovC &! bit.ly/1fJlfSe - More than 80 people a month are now dying after being declared ‘fit for work’. The safety net that used to be there for the most vulnerable is being torn to shreds [...] stopped using the term social security and replaced it with “welfare”.
DWP  Iain  Duncan  Smith  David  Cameron  manufactured  consent  propaganda  populism  welfare  state  fairness  Generationengerechtigkeit  Disabled  vulnerable  mental  health  well  being  George  Osborne  Conservative  Party  PR  spin  doctor  poverty  food  poverty  poverty  trap  child  poverty  austerity  benefits  Social  Services  Public  Services  NHS  Toff  Establishment  Privileged  dogma  ideology  Career  Politicians  transparency  accountability  oversight  Freedom  of  Information  Act  No  Representation  short-term  view  discourse  debate  awareness  stigma  perception  image  corporate  media  Lügenpresse  budget2015  ESA  JSA  sanctions  safety  net  neoliberalism  neoliberal  Privatisation 
august 2015 by asterisk2a
Pushback on Buybacks
Pushback on Buybacks: A closer look at the numbers indicates buybacks aren’t as good for the companies, the market, or investors as previously thought.
share  buyback  Wall  Street  underinvestment  productive  investment  long-term  short-term  shareholder  value  profit  maximisation  dividends 
august 2015 by asterisk2a
Conservatives offer day of special access to ministers for £2,500 | Politics | The Guardian
[ you can have your voice heard, if you have the cash ] Corporate executives and lobbyists are being offered the chance to pay £2,500 for a day of special access to Conservative ministers at the party’s annual conference, including George Osborne and David Cameron. More than 30 ministers are being made available to paying guests at the Conservative party’s “business day” next month, which promises the opportunity for discussion with senior politicians. They include those responsible for business, tax and procurement. Cameron is due to give a Q&A session over the “business day lunch” to the grouping, while Osborne will host the dinner. The leaflet setting out the agenda says: “Business day offers representatives from the business community the opportunity to engage in discussion with senior Conservative politicians.” [...] Labour and Liberal Democrats all hold similar events – although at less than half the cost – and without the ability to offer government ministers ...
democracy  social  contract  Career  Politicians  lobbyist  lobby  Lobbying  minority  Toff  Establishment  Privileged  UK  No  Representation  Wall  Street  revolving  door  shared  economic  interest  neoliberalism  neoliberal  Privatisation  austerity  corporate  tax  rate  short-term  view  short-term  thinking  Gini  coefficient  social  mobility  income  mobility  inequality  PR  spin  doctor  transparency  accountability  oversight  political  theory  Policy  Makers  folly  error  shareholder  value  profit  maximisation  deregulation  self-regulation  Workers  Union  regulators  regulation 
august 2015 by asterisk2a
'Patient Confidentiality At Risk' As Millions Of Medical Records Handed To Private Company | Welfare Weekly
[ privateering ] // “And hundreds of dedicated NHS staff – whose work is essential to the efficient running of the health service, will lose their jobs. “Private companies should not be making a mint out of essential services that are the very backbone of the NHS. Local knowledge will be lost as Capita closes all but two of the existing regional offices. “It is hardly in the spirit of patient consultation that this entire process has taken place behind closed doors, with the public none the wiser and employees affected largely kept in the dark. “Private companies have a poor track record when it comes to promising huge benefits and savings from technology driven solutions in the NHS.
NHS  outsourcing  neoliberalism  Privatisation  neoliberal  budget2015  Jeremy  Hunt  UK  Iain  Duncan  Smith  DWP  George  Osborne  David  Cameron  austerity  dogma  ideology  Career  Politicians  short-term  view  short-term  thinking  No  Representation  Conservative  Party  Tories  Toff  Establishment  Privileged 
august 2015 by asterisk2a
#mediabuzz | Howard Kurtz | Fox News
Amazon a cyber-sweatshop? SARAH LACY praised the New York Times reporting on Amazon: "When you freak out the tech world, you're a powerful news organization." // "brutally efficient" 'white and blue collar jobs being exposed to the same treatment manual work and service sector jobs have been treated by competition and globalisation (flat and borderless world), for the last +30 years. "it's what you don't say and how it gets interpreted down the line." // Investigative Journalism! NYT (paper), a institution, a stalwart of investigative journalism, reporting, holding companies and people accountable, .... same along the line of bit.ly/1NRsG5N - One overlooked theme emerging from the Times’s Amazon story is the power of the paper itself. // this story underlines, is a data point in time, you can look back on. and say the world went this way such and such // competing on price is the easiest thing to do! the first thing in reach! its about the hard things that actually leverage/multiplier
Amazon  Apple  journalismus  investigative  journalism  journalism  NYT  NYTimes  New  York  Times  Blue-collar  Worker  White-collar  Worker  knowledge  economy  knowledge  Future  of  Work  Mobile  Creatives  Mobile  Creative  career  ladder  career  advice  well  being  environment  life  balance  Silicon  Valley  commodity  business  commoditization  Service  Sector  Jobs  working  poor  precarious  squeezed  middle  class  Sozialer  Abstieg  competitive  competitiveness  Workers  Union  Sarah  Lacy  Jeff  Bezos  corporate  culture  corporate  values  quantified  self  accountability  oversight  democracy  corporate  media  Seth  Godin  Purple  Cow  being  remarkable  Zero  Hour  Contract  Contractor  self-employment  marketplace  efficiencies  1099  Gig  freelancing  freelance  labour  market  manual  labour  Niedriglohnsektor  Precariat  Leiharbeit  lohndumping  Lohnzurückhaltung  Zeitarbeit  economic  history  trickle-down  economics  neoliberalism  neoliberal  job  market  job  creation  short-term  thinking 
august 2015 by asterisk2a
George Osborne is a magician – despite his record he’s seen as a success | Owen Jones | Comment is free | The Guardian
The chancellor’s record demonstrates a specialism in policies that are too complicated to successfully rebut – a pernicious but effective approach [...] ‘He turns myths into common sense. He spins policies that benefit the richest into rewards for aspiration. He transforms his disastrous record into success.’ [...] GDP per capita remains lower than before Lehman Brothers imploded. Not since the Victorian era have workers’ pay packets flatlined for as long as they have under Osborne. [...] His government pledged to start paying off the country’s debts, but he added more than every single Labour chancellor in history put together. Under his chancellorship, productivity has stagnated disastrously. In much-derided France, productivity is 27% higher. How can this record be regarded as anything other than dire?
austerity  spin  doctor  PR  Tories  Conservative  Party  UK  George  Osborne  Toff  Privileged  Establishment  GFC  recovery  2015  budget  deficit  budget2015  tax  evasion  tax  avoidance  corporate  tax  rate  tax  code  capital  gains  tax  income  tax  welfare  state  Public  Services  Social  Services  vulnerable  Disabled  benefits  JSA  ESA  babyboomers  Generationengerechtigkeit  STEM  underinvestment  fiscal  policy  industrial  policy  Manufacturing  short-term  short-term  thinking  short-term  view  Career  Politicians  No  Representation  policy  folly  policy  error  contract  political  theory  productivity  output  gap  David  Cameron  DWP  apprenticeships  education  policy  mobility  downward  mobility  poverty  trap  child  poverty  Gini  coefficient  IMF  ChristineLagarde 
august 2015 by asterisk2a
Crash bei Dax und Dow: Das war's mit Illusion Nummer drei - SPIEGEL ONLINE
Solange die Weltwirtschaft brummt, kann eine einzelne Volkswirtschaft ihre Währung so lange abwerten, bis sie wieder wettbewerbsfähig ist und der Aufschwung fast von alleine kommt. Globale Krisen funktionieren anders. Die Weltwirtschaft insgesamt kann nicht abwerten. Sie kann nur produktiver werden, aber nicht wettbewerbsfähiger. Da alle großen Wirtschaftsregionen der Welt - USA, Euroraum, Russland, China, Japan und Südostasien - ihre Mega-Krisen in den letzten zwei Jahrzehnten hatten, gibt es auch keinen Unversehrten mehr, der die Rolle einer weltwirtschaftlichen Lokomotive übernehmen könnte. Das Wachstum der Weltwirtschaft verlangsamt sich somit stetig. [...] Die fetten Jahre sind vorbei [...] [ Share buyback was hot in 2014/15 till now ] [...] Die Verschiebung der Macht von Arbeit zu Kapital schreitet nicht weiter fort. [ low interest rate environment bc low capital returns, new Millennials have to serve now this debt burden and can't hope to inflate it away. & stagnant wages! ]
IMF  OECD  global  economy  global  trade  globalisation  global  imbalances  globalization  borderless  flat  world  GFC  dot.com  recovery  reflate  reflation  secular  stagnation  Richard  Koo  economic  history  austerity  2015  China  USA  UK  Europe  savings  glut  structural  imbalance  distortion  QE  ZIRP  NIRP  monetary  policy  fiscal  policy  underinvestment  productive  investment  output  gap  participation  rate  productivity  Great  Moderation  New  Normal  asset  bubble  equity  bubble  speculative  bubbles  bond  bubble  property  bubble  bubbles  hunt  for  yield  liquidity  trap  monetary  transmission  mechanism  debtoverhang  debt  servitude  deleveraging  balance  sheet  recession  inflation  expectation  deflationary  deflation  Oil  price  energy  price  OPEC  Makers  policy  error  policy  folly  unintended  consequences  complexity  unknown  unkown  share  buyback  Wall  Street  profit  maximisation  shareholder  value  public  investment  infrastructure  investment  business  investment  M&A  mainstreet.org  crony  capitalism  exploitation  short-term  thinking  short-term  view  capitalism  bank  bailout  lobbyist  lobby  Lobbying  Career  Politicians  No  Representation  social  contract  political  theory  structural  unemployment  Impediments  faultlines  policy  social  l 
august 2015 by asterisk2a
Row breaks out over benefit cuts 'suicide watch' claims - BBC News
The SNP and Labour have hit out over claims that frontline benefits staff are getting guidance on how to deal with claimants threatening suicide. The Sunday Herald reported that the advice has been given to Scottish Department for Work and Pensions staff. The SNP said it highlighted the "devastating impact" of benefit cuts and sanctions, while Labour said cuts were hitting the vulnerable. The DWP said staff can refer claimants for support and this was "nothing new". The guidelines for call centre staff are designed to help staff deal with unsuccessful applicants for Universal Credit who are threatening to self-harm or take their own life, the newspaper reported. [...] "That the UK government are issuing suicide guidance to their frontline staff is an acknowledgement by them of the devastating impact of their social security cuts on people's lives - it's not new guidance they need, it's a new approach." [...] [We are all in this together.] [But, sense of everyone for him/herself. ]
austerity  welfare  state  benefits  vulnerable  Disabled  George  Osborne  David  Cameron  Tories  budget2015  Conservative  Party  neoliberalism  neoliberal  poverty  trap  child  poverty  child  tax  credit  tax  credit  working  tax  credit  food  poverty  poverty  UK  social  mobility  downward  mobility  Gini  coefficient  education  policy  housing  benefit  affordable  housing  social  housing  Iain  Duncan  Smith  DWP  Public  Services  Services  PR  spin  doctor  budget  deficit  output  gap  productivity  tax  evasion  tax  avoidance  policy  error  short-term  thinking  short-term  view  economic  history  recovery  Makers  policy  folly  Career  Politicians  No  Representation  social  contract  social  tension  inequality  gender  inequality  social  cohesion  Generationengerechtigkeit  Student  Maintenance  Grant  Toff  Privileged  Establishment  fairness  Sozialer  Abstieg  job  creation  general  election  2015 
august 2015 by asterisk2a
Dawn timber-laundering raids cast doubt on 'sustainable' Brazilian wood | Environment | The Guardian
Police investigating suspected environmental scams swoop on state officials and businessmen in Amazon area known for woods used in furniture and decking // Kyoto protocol's carbon credit scheme ‘increased emissions by 600m tonnes’ - Major UNFCCC carbon trading scheme hit by serious corruption allegations involving organised crime in Russia and Ukraine - bit.ly/1ERfAA6 - &! bit.ly/1hDsjlm - Klimaschutz-Zertifikate: Die Gelddruckmaschine - Der Zertifikate-Handel war mal eine gute Idee: Das Klima sollte davon profitieren. Doch tatsächlich bereicherten sich oft nur Geschäftemacher. Eine Studie zeigt, wie dreist bei internationalen Klimaschutzprojekten getrickst wurde.
deforestation  Amazonas  climate  change  climate  science  climate  crisis  Latin  America  drought  unknown  unkown  complexity  unintended  consequences  soil  erosion  global  warming  extreme  weather  weather  extreme  weather  system  corruption  crony  capitalism  capitalism  profit  maximisation  shareholder  value  Wall  Street  sustainability  sustainable  exploitation  lobbyist  lobby  Lobbying  short-term  thinking  short-term  view  carbonfootprint  CO2  carbonemission  kyoto  oversight  transparency  democracy  social  contract  political  theory  No  Representation  Generationengerechtigkeit  fairness  ecological  disaster  environmental  disaster  mass  extinction  Career  Politicians 
august 2015 by asterisk2a
US stocks nosedive in early trading amid collapse in global markets | Business | The Guardian
[ great reflation move since 09, finds another opportunity (this time because of China) to reflect. meaning to reassess reality. same with the collapse in emerging market, money going out of high yield & risk back to US/UK in hope of Taper and then came the hammer in form of China scare, people taking even more money out of emerging market/Chinas neighbours into the safe haven (perceived) that is the $/£/EUR market ] Dow dropped more than 1,000 points shortly after the markets opened, but it recovered slightly to be down 620 points, or 6%, shortly before 10am. Dow, which had suffered big falls last week, was trading below 16,000 at 10am – the first time it has been below that level since February 2014. The index is 14% below its record peak in May, putting the Dow firmly into “correction” territory – Wall Street jargon for a drop of 10% or more from a recent peak. &! bit.ly/1EQ31Fn &! bit.ly/1F1zPue - Summers argued for fiscal stimulus, debate about secular stagnation.
correction  asset  bubble  asset  allocation  emerging  market  hunt  for  yield  unintended  consequences  2015  unknown  unkown  hot-money  ZIRP  NIRP  QE  reflate  reflation  recovery  GFC  structural  imbalance  global  imbalances  China  USA  western  world  secular  stagnation  Developing  developed  world  Europe  UK  Singapore  Asia  global  economy  global  trade  energy  price  Oil  price  OPEC  economic  history  Taper  Abenomics  Japan  Fed  BOE  ECB  BOJ  Richard  Koo  equity  bubble  bond  bubble  deflationary  deflation  job  creation  job  market  participation  rate  industrial  policy  Makers  short-term  short-term  thinking  short-term  view  policy  folly  policy  error  PBOC  distortion  faultlines  Impediments  STEM  underinvestment  productive  investment  output  gap  productivity  Paul  Krugman  Larry  Summers  Ben  Bernanke  Janet  Yellen  Mark  Carney  MarioDraghi  Angela  Merkel  Wolfgang  Schäuble  austerity  fiscal  policy  Pact  Schuldenbremse  fiscal  stimulus  George  Osborne  dogma  IMF  OECD  ChristineLagarde  ideology 
august 2015 by asterisk2a
Growth vs Retention – AVC
"Retention was clearly bad, and that’s what killed us" [...] [...] This all comes back to stepping on the gas before finding product market fit. You might think you have product market fit and so you scale up your hiring, your marketing, your sales, and your capital raising and spending. But if you can’t retain a healthy percentage of your users past ninety days, you don’t have product market fit yet and all the investment you make in your business is just money down the drain. So focus first on your 90 day retention numbers and make sure to nail them and prove you have product market fit. Then scale. // find natural/organic marketing - advertising - instead of building a non-product related cost center like sales, marketing, and advertising. short-cuts like these don't fix the product per se.
user  churn  customer  acquisition  Product/Market  Fit  MVP  user  acquisition  business  strategy  product  strategy  strategy  Start-Up  lesson  Start-Up  advice  burn  rate  runway  Homejoy  distribution  model  discovery  content  distribution  content  discovery  Net  Promoter  Score  word  of  mouth  Tribe  1000  True  Fans  UI  UX  user  experience  user  engagement  customer  experience  customer  retention  customer  service  SAAS  marketing  growth  round  cost  center  short-term  view  short-term  thinking  feedback 
august 2015 by asterisk2a
What is the 'gig' economy? | FT Comment - YouTube
human capital, HR - as cost center. // trading short-term competitiveness (kick ppl of the book according to demand) but trade it in aggregate with long-term social deprivation and skill gaps and underinvestment. because of dog eat dog mentality than you are incentivised to compete on price, because it is the easiest and you are able to to it with those neoliberal labour reforms in Europe. Don't compete with Amazon on price. Don't compete with China/Asia on price. Stupid.
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august 2015 by asterisk2a
Japan Exports Its Way to Irrelevance - Bloomberg View
[ Politicians as always will react with reactionary unimaginative policy, competing for the same pie. instead of enabling, supporting new pies to be created. ] But Abe needs to recognize, as China already has, that this is only the latest sign of a broader reality: Asia's old export model of economic growth no longer works. [...] All the stimulus BOJ Governor Haruhiko Kuroda can muster won't change the worsening trajectory of the region's most-populous nation. That's why Abe needs to take a page from Beijing and focus more on creating new industries at home. [ the base of home grown new market/category/vertical also includes sound middle class to buy those products. demand at home. social safety net (security). and less inequality. progressive taxation. fight tax evasion/avoidance, monopoles, monopsonies, bribery, corruption. and politicians making policy for lobby. ]
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august 2015 by asterisk2a
Call to set aside apprenticeships for care leavers - BBC News
[ opening the door for people, they have to walk through. these are people often with complex needs thus need a holistic solution and support that in austere times local and public services can't provide ] Thousands of apprenticeships in England should be reserved for young people coming out of care, a charity says. Barnardo's is calling on ministers to reserve 20,000 apprenticeships for 16-18 year olds from the care system. Care leavers' potential and not only their entry qualifications should be taken into account, Barnardo's says. [...] The strategy says there is a significant gap between the educational achievements of care leavers and their peers. In June, the Prison Reform Trust launched an independent review to examine why so many children in care in England and Wales end up in the criminal justice system. [...] Instead of apprenticeships depending on entry qualifications only, care leavers' potential should also be taken into account, the charity says. [...] intensive support
apprenticeships  social  mobility  Gini  coefficient  Services  Public  Services  corporate  social  responsibility  corporate  culture  corporate  values  Gesellschaft  civic  society  human  capital  civic  life  UK  inequality  income  mobility  downward  mobility  fairness  austerity  Generationengerechtigkeit  budget2015  George  Osborne  David  Cameron  Toff  Privileged  Establishment  No  Representation  Career  Politicians  social  contract  political  theory  short-term  thinking  short-term  view  policy  folly  lost  generation  lost  decade  policy  error  education  policy  vocational  education  professional  education 
august 2015 by asterisk2a
Europe's economic challenge not just about Greece - BBC News
IMF, Christine Lagarde, said: "I remain firmly of the view that Greece's debt has become unsustainable." [...] Greek debt will reach 201% of GDP some time next year. [...] It is unlikely a portion of the debt will be written off but there may well be an agreement to extend current loans and to lower the rates of interest. [...] [ the overall health of Europe as a whole and its individual parts in question] [...] the eurozone economy splutters. There is a recovery - the eurozone is growing at an annual rate of 1.3% - but it is patchy. In the [Q2'15] France and Italy, which account for 40% of the eurozone economy, flat-lined. Italy which had only recently emerged from recession fell back, managing growth of just 0.2%. [...] [ ECB: on balance, outlook remains on the downside ] The eurozone economy is still smaller than it was in 2008. [...] The fundamental challenges to the European economy remain - how to innovate [...] modernise [...] [ EU project living up to its potential ]
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august 2015 by asterisk2a
Unions protest as rail fares rise three times faster than wages over five years | Money | The Guardian
The FT takes the same grim line, pointing out that season tickets and other regulated fares have risen by 25% in real terms since 2010 while average pay rose 8.7%. The Daily Express grumbles: "In return travellers continue to battle with trains that are frequently delayed and hugely overcrowded. All the while rail bosses pick up huge pay packets and some petulant unions misuse their ability to cause chaos." /// &! bbc.in/1E1VSqd &! Rail fares: Minister Patrick McLoughlin defends rises - bbc.in/1BbUkWs // &! bbc.in/1CpMwym - Election 2015: Conservatives in rail fare inflation pledge // &! To Rise 1% in Jan 2016 - bbc.in/1E1VSqd
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august 2015 by asterisk2a
Why we Polish are downing tools to get the recognition we deserve | John Zylinski | Comment is free | The Guardian
[ Tories and Co pit them, us all, against each other ]
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august 2015 by asterisk2a
Better to inherit a home than start a business in Osborne.uk | Will Hutton | Comment is free | The Guardian
Our government is locked into a mindset in which economic problems are rooted in regulation, taxation and the public sector, so its reform efforts are focused there rather than addressing the palpable dysfunctions of the private sector. [...] It is Orwellian. There is a productivity review that will not raise productivity and a budget that will do little to deliver what the chancellor says he wants. This should offer rich pickings for any opposition – but to exploit the possibilities it first has to understand them and then challenge Osborne’s narrative. It is a sign of our shrunken times that instead the chancellor bestrides our economics and politics like a colossus.
George  Osborne  budget2015  2015  recovery  GFC  industrial  policy  education  policy  vocational  education  professional  education  STEM  austerity  Social  Services  Gini  coefficient  Public  Services  welfare  state  working  poor  precarious  work  squeezed  middle  class  mobility  corporate  tax  rate  income  mobility  UK  David  Cameron  Toff  Privileged  Establishment  policy  folly  policy  error  short-term  thinking  short-term  view  capital  gains  income  tax  globalization  globalisation  added  value  value  creation  differentiate  differentiation  borderless  competitive  competition  competitiveness  flat  world  tax  evasion  tax  avoidance  Conservative  Party  budget  deficit 
august 2015 by asterisk2a
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