asterisk2a + theory   318

Christchurch shootings: The rising new threat of far-right violence - BBC News
alt-right
Cultural references
internet meme
copypasta
'White genocide' conspiracy theory
The bizarre conception of a monolithic genetic "white" culture under worldwide attack is a mainstay of the alt-right - although most of the amorphous movement's leaders would outwardly denounce specific acts of violence like the attack in Christchurch.
alt-right  far-right  Brexit  DonaldTrump  Donald  Trump  Racism  Culture  Religion  Islamophobia  Xenophobia  manifesto  ethno-nationalism  Nationalism  White  Supremacy  Supremacist  copypasta  conspiracy  theory  Internet  4chan  Neo-Nazi  neonazi  Nazi 
5 weeks ago by asterisk2a
‘We've dug ourselves a really deep hole’ – David Neiwert on the rise of the far right | World news | The Guardian
Nostalgia
“I mean, Trump’s all about ‘make America great again’. It’s this idea that this American exceptionalism will never die. And it has to die,” he says. He looks out of his window once more, over a neighbourhood partly buried under the glass, steel and concrete of the gentrifiers.

“It has to die because it’s killing us.”

Brexit Nostalgia - Fintan O'Toole
USA  far-right  right-wing  alt-right  Neo-Nazi  neonazi  nazi  nationalism  patriotism  antisemitism  conspiracy  theory  authoritarianism  demagogue  neoliberalism  democracy  1%  media  history  9/11  extremism  Rechtsextremismus  Rechtsruck  Brexit  AfD  PEGIDA  DonaldTrump  Donald  Trump  GOP  Republican  American  Dream  post-racial  America  exceptionalism  MAGA  nostalgia  book 
12 weeks ago by asterisk2a
(2173) Noam Chomsky (2017) "Advertising, Consumerism, and Human Nature" - YouTube
The 19th-century working class read more than aristocrats, back in the days! // dignity self-worth identity independent. consumerism is a drug to numb, to suppress, narcotic on humanness. human condition. // there is no market economy bc consumers are not informed not making rational choices. irrational choices. uniformed.
Noam  Chomsky  Consumerism  Materialism  Status  Anxiety  mobile  homescreen  shopping  Dopamine  self-medication  comfort  coping  mechanism  Democracy  Alain  de  Botton  AlaindeBotton  Television  Facebook  Entertainment  distraction  Consumer  consumerist  Politics  Capitalism  working  poor  social  security  poverty  Armut  Advertising  Identity  Fashion  No  Representation  Psychology  nudge  theory  Sociology  Society  Wertegesellschaft  Manufactured  Consent  dignity  self-worth  class  struggle  economic  history  culture  creative  creativity  UBI  Grundeinkommen  Universal  Basic  Income  humanity  Economics 
july 2017 by asterisk2a
(579) The Matrix: How to Begin a Movie (video essay) - YouTube
https://www.youtube.com/watch?v=j3xe1XY7akg - every frame serves a purpose. nothing is wasted! &! making a persuarive arguemnt through picture setup frames, keying, sound, etc. - https://www.youtube.com/watch?v=pij5lihbC6k - its not just the argument you try to make the points you make in your story, it is also important how you connect them. //&! https://www.youtube.com/watch?v=6HN3G2lOAi0
Film  Theory  Cinema  Storytelling  Vlog  Movie  Hollywood  Remix  Culture 
may 2017 by asterisk2a
Anger after key plan to tackle childhood obesity delayed again
[ obesity/diet-related diseases (chronic) to bankrupt NHS ] Theresa May will delay publishing the Government’s long awaited Childhood Obesity Strategy until the autumn, despite pleas from the head of the NHS to act to protect the most vulnerable children in society. On Tuesday NHS England Chief Executive Simon Stevens called for the plan to be unveiled, saying the obesity crisis costs the taxpayer more than the police and fire services combined.
obesity  obesity  epidemic  Theresa  May  Jeremy  Hunt  Simon  Stevens  Sugar  Tax  NHS  diet-related  disease  diet-related  diseases  chronic  disease  chronic  diseases  diabetes  health  care  budget  health  care  cost  health  care  demand  health  care  spending  premature  ageing  ageing  population  Baby  Boomers  babyboomers  GP  A&E  stroke  heart  disease  cancer  Standard  American  Diet  dietary  cholesterol  western  lifestyle  Cardiovascular  disease  vascular  disease  embolism  David  Cameron  Nudge  theory  meat  processed  food  food  engineering  Wertegesellschaft  society  economic  harm  economic  damage  tobacco  self-medication  coping  mechanism  Alcohol  abuse  alcoholism  breast  cancer  colon  cancer  bowel  cancer 
july 2016 by asterisk2a
Here's Why All Pension Funds Are Doomed, Doomed, Doomed
Given that both The Economist and The Wall Street Journal have covered the impossibility of pension funds achieving their expected returns, this reality cannot be a surprise to anyone in a leadership role. [...] Here's problem #1 in a nutshell: the average public pension fund still expects to earn an average annual return of 7.69%, year after year, decade after decade.

This is roughly triple the nominal (not adjusted for inflation) yield on a 30-year Treasury bond (about 2.65%). The only way any fund manager can earn 7.7% or more in a low-yield environment is to make extremely high risk bets that consistently pay off. //&! Millennials are first gen to have earned less in their 20's than previous gens. - bit.ly/2a9M98K
ZIRP  NIRP  QE  unintended  consequences  pension  obligation  triple-lock  pension  babyboomers  Baby  Boomers  demographic  bubble  ageing  population  hunt  for  yield  life  insurance  insurance  industry  monetary  policy  Helicopter  Money  monetary  theory  bond  bubble  Richard  Koo  liquidity  trap  economic  history  recovery  Fed  BOE  ECB  Abenomics  western  world  Japan  BOJ  pension  fund  Beton  Gold  Betongold  property  bubble  asset  allocation  funds  allocation  asset  bubble  Pensioner  pension  scheme  secular  stagnation  austerity  deflation  deflationary  Confidence  Fairy  IMF  OECD  credit  boom  credit  bubble  New  Normal  Great  Moderation  economic  harm  economic  damage  reflate  reflation  equity  bubble  distortion 
july 2016 by asterisk2a
Deutsche Bank Loves Helicopter Money: Why "Big Inflation Is Coming... But Will First Require A Crisis"
[NEED FOR CHANGE OF WIND - deflationary pressures ] Europe is another story. Germany must let their southern neighbors cheat on deficits and bank recapitalizations. “Spanish election showed if you let them cheat and growth surprises positively then extremists don’t do so well. Europe can only survive as an inflation zone. Will it be formally tolerated? Probably not. Will governments cheat anyway with ECB support?” Probably.
Deutsche  Bank  Italy  PIGS  sovereign  debt  crisis  austerity  Germany  Fiscal  Pact  Schuldenbremse  ECB  MarioDraghi  BuBa  Jens  Weidmann  Wolfgang  Schäuble  Angela  Merkel  zombie  zombie  banks  Richard  Koo  Helicopter  Money  monetary  policy  monetary  stimulus  policy  monetary  theory  deflation  deflationary  Brexit  European  Bank  Supervision  BaFin  BOE  BOJ  Abenomics  right-wing  far  right  far-right  Front  National  AfD  UKIP  Centrist  recovery  income  distribution  income  inequality  Gini  coefficient  squeezed  middle  class  Precariat  working  poor  globalisation  globalization  Paul  Mason  crony  capitalism  capitalism  in  crisis  tax  evasion  tax  avoidance  poverty  poverty  trap  social  mobility  income  mobility  wage  stagnation  wage  growth  wage  pressure  income  growth  GFC  economic  history  liquidity  trap  balance  sheet  recession  debt  overhang  household  debt  consumer  debt  credit  card  credit  card  debt  western  world  secular  stagnation  non-performing  loan  bail-in  bailout  recapitalization  recapitalisation  UK  Japan 
july 2016 by asterisk2a
Theresa May accused of treating EU migrants as a pawn in Brexit talks | Politics | The Guardian
The home secretary is facing intense political pressure to give cast iron assurance that the rights of EU migrants to remain in the UK would not be used as a bargaining chip in any future Brexit talks with the European Union.

Theresa May was accused of treating millions of EU citizens as a pawn in a wider Brexit negotiation. She said it was her intention that EU citizens should remain but said their rights would be a factor in any talks.

Tories urged to offer assurances to EU citizens living in UK
Read more
The British government, including May, has been reluctant to give guarantees for EU citizens because it has yet to be given parallel assurances about the rights of UK citizens in the EU.
Brexit  game  theory  Freedom  of  Movement  EEA  Single  Market  free  trade  free  trade  agreement  European  Union  UK  Career  Politicians  politician 
july 2016 by asterisk2a
Ed Miliband says Panama Papers show ‘wealth does not trickle down’
'Since Reagan and Thatcher, the basic view has been, ‘Be nice to the super-rich and their wealth will trickle down.’ [...] In an interview with the Observer, he said he understood why David Cameron defended his father after the Panama revelations were leaked. “But for 30 years, since Reagan and Thatcher, the basic view has been, ‘Be nice to the super-rich and their wealth will trickle down.’ That is the big lesson of Panama for me. It doesn’t trickle down; it gets stashed.” The former Labour leader is helping to promote a new low-budget documentary, the Divide, which explores the wealth gap through seven families striving for a better life in Britain and the United States.
Panama  Papers  trickle-down  economics  trickle-down  effect  trickle-down  theory  tax  evasion  tax  amnesty  tax  avoidance  offshore  banking  shell  company  Super  Rich  1%  plutocracy  oligarchy  conglomerate  multinational  crony  capitalism  shareholder  capitalism 
april 2016 by asterisk2a
Yanis Varoufakis: »MONEY AND POWER«, Public Lecture 2015-11-04
3rd bailout loan $0 went to Greece. All to pay off banks. extend & pretend. 1st: ~90% went to the banks. [...] ESM does not exist [...] banking union plan not progressing at all. //&! Yanis Varoufakis @Oxford Union - youtu.be/zWB6lY2GBjQ - ACADEMIA LACKS ANTI-ESTABLISHMENT ATTITUDE! Because going against the grain has become anti-reputation. [...] it's all about expectations, predictions about where S&P500 will be in 12 months. [...] regression between theory and reality. economists have never been humble. [ see Wall Street cottage factory of analysis and prediction shops ] [...] if you torture the data and model enough it will confess. [< EU monetary union based on theory ] [...] [34:00] Brussels is technically incompetent and will not reform itself. I am a libertarian marxist. Schumpeter. true creative destruction. great wealth currently created - all going to 1%. = not humanitarian. not democratic. [...] 41:00 Q&A, <48:50> gov budget not same as household budget; George Osborne.
bank  crisis  banking  crisis  European  Election  2014  sovereign  debt  crisis  austerity  Grexit  Yanis  Varoufakis  Tsipras  Syriza  Brussels  Wolfgang  Schäuble  Angela  Merkel  GFC  Great  Depression  credit  crisis  credit  creation  Super  Cycle  debt  overhang  liquidity  trap  ECB  Troika  MarioDraghi  economic  history  Richard  Koo  leverage  recovery  deflation  deflationary  Fiscal  Pact  Schuldenbremse  Germany  underinvestment  Super  Rich  reflate  reflation  Generationengerechtigkeit  1%  oligarchy  plutocracy  No  Representation  Career  Politicians  balance  sheet  recession  Euro  Gold  Standard  ESM  IMF  OECD  banking  union  EEA  Economics  Academia  Academics  Economists  Scholars  Soziale  Marktwirtschaft  income  distribution  inequality  Gini  coefficient  Gesellschaft  society  Yanis  Varoufakis  financial  crisis  economic  model  econometrics  social  theory  monetary  union  Chicago  School  poverty  economic  history  austerity  George  Osborne  David  Cameron  UK  nasty  party  Richard  Koo  macroeconomics  macroeconomic  policy  macroprudential  policy  aggregate  demand  Capital  Expenditure  income  tax  receipts  deflation  deflationary  Universal  Basic  class  warfare 
april 2016 by asterisk2a
Irn Bru maker AG Barr 'disappointed' over sugar tax
The sugar tax will be introduced in two years' time and will not apply to fruit juices or milk-based drinks. [...] // Analysis: The Scottish Grocers' Federation and the Food and Drink Federation are keen to point out that the majority of soft drinks now sold in the UK are actually low and no calorie. [ artificial sweetener! - http://nutritionfacts.org/video/effect-of-sucralose-splenda-on-the-microbiome/ ] [...] Scottish Grocers' Federation chief executive Pete Cheema added: [...] "Additionally - and of great concern to retailers - is that this is likely simply to pass on the cost to consumers This is despite the chancellor suggesting last year that the obesity problem would be best tackled in other ways." [...] [ Jamie Oliver ] "symbolic slap"
Big  Sugar  Sugar  Tax  microbiome  Gut  Flora  obesity  obesity  epidemic  overweight  chronic  low-grade  inflammation  cancer  heart  disease  sick  population  health  crisis  processed  food  food  engineering  Jamie  Oliver  nudge  theory 
march 2016 by asterisk2a
Economics as a pluralist liberal education - Royal Economic Society
Last year we published a report which provided evidence-based analysis of the shortcomings of economics education at the University of Manchester with a foreword by Andy Haldane, Chief Economist at the Bank of England (2014). In it we demonstrated that economics education at the University of Manchester fails to provide graduates with the skills and qualities the University publicly states it will provide. It has never been our argument that Manchester has special problems — on the contrary, our argument is that the problems we have identified are widespread across universities.1 We are now in the process of carrying out a curriculum review of economics education at universities across the UK.2 A key part of the Post-Crash Economic Society’s mission is to go beyond criticism and to put forward well thought out proposals for reform. //&! bit.ly/1QY8dlC - post-crash economics.
economics  economic  history  austerity  monetary  theory  monetary  policy  fiscal  policy  GFC  economists  Chicago  School  free  market  self-regulation  dogma  ideology 
march 2016 by asterisk2a
David Graeber on a Fair Future Economy - YouTube
13:30 - BOE paper, austerity claims are bogus. the confidence fairy et al //&! The truth is out: money is just an IOU, and the banks are rolling in it David Graeber. The Bank of England's dose of honesty throws the theoretical basis for austerity out the window - bit.ly/1fWKC0s - What this means is that the real limit on the amount of money in circulation is not how much the central bank is willing to lend, but how much government, firms, and ordinary citizens, are willing to borrow. Government spending is the main driver in all this (and the paper does admit, if you read it carefully, that the central bank does fund the government after all). So there's no question of public spending "crowding out" private investment. It's exactly the opposite.
austerity  BOE  David  Graeber  George  Osborne  economic  history  Schuldenbremse  IMF  OECD  G20  recovery  aggregate  demand  IOU  Mark  Carney  underinvestment  productivity  output  gap  job  creation  monetary  theory  monetary  policy  monetary  system  Fiscal  Pact  Wolfgang  Schäuble  NIRP  ZIRP  QE  policy  book  Richard  Koo  secular  stagnation 
march 2016 by asterisk2a
What Really Caused the Crisis and What to Do About It - YouTube
"There are not perfect markets, and there is no perfect planner. [...] we will never arrive at perfect solutions. [...] market will never allocate perfectly ... [...] market will always tend to lend to property and land, and less into productive means (businesses = risk of 100 loss, land or property ... you have a loss when you sell it. << China, UK ) [...] not all credit is good credit. [...] need for macroprudential policy to dampen bubbles bc rate hikes could dampen normal non-speculative area of economy. ie loan to value limits [...] interest rate setting is blunt hammer that people though is the magic wand along the line of self-regulation, free market, neoliberalism and trickle-down [...] GFC can be traced back to the 60-70's - macroecon + micro with absurd assumptions (ie rational expectations, equilibriums, no bubbles) & math & pure theoretical base (no empirical analysis ie of what banks really do ie greed) = makes job of economist as policy advisor real easy.
bank  crisis  JohnMaynardKeynes  keynes  Keynesianism  book  Richard  Koo  aggregate  demand  austerity  liquidity  trap  deleveraging  balance  sheet  recession  debtoverhang  GFC  recovery  secular  stagnation  western  world  dogma  ideology  underinvestment  productive  investment  infrastructure  investment  monetary  policy  monetary  theory  trickle-down  economics  neoliberalism  neoliberal  budget  deficit  economic  history  credit  bubble  output  gap  productivity  inflation  targeting  nominal  GDP  targeting  asset  allocation  economics  investment  banking  zombie  banks  retail  banking  financial  product  CDS  CDO  hunt  for  yield  VAR  risk  aversion  deflationary  deflation  ZIRP  NIRP  QE  debt  monetisation  debt  monetization  Glass-Steagall  self-regulation  regulators  regulation  leverage  margin  trading  property  bubble  arbitrage  speculative  bubbles  asset  bubble  UK  USA  Europe  ECB  Fed  BOE  zombie  consumer  squeezed  middle  class  zombie  corporations  NPL  junk  bond  realestate  macroprudential  policy  mortgage  market  equilibrium  disequilibrium  Economist  economists  Adair  Turner  hayek 
february 2016 by asterisk2a
Interview With Mohamed El-Erian: Masters in Business (Audio) by Bloomberg View
7:50 New Normal is secular stagnation and decades-long NIRP, ZIRP, QE distortion. structural, secular. no cyclical recovery. but long secular challenges; prolonged period of low growth. // also inequality! // currently policy makers subsidise debtors, subsidise creditors - financial repression. promote risk taking. // richard koo would not agree with el-erian's notion that gov balance sheets are same as household balance sheets. // 12:10 demographic issue! political. and economic elements in it of secular stagnation. [...] borrowing growth // rise of far-right! // corps sitting on cash // inequality! // bc of lived in artificial world of borrowed growth, created massive divergence. // min 15:30 richard koo would not agree that central banks are the only game in town. central banks have complained abt austerity gov. // min 20 - Feds intellectually inflexible. comfort zone. self-regulation & great moderation. // reflation didnt work bc no fixed fundamentals // perfect storm! lost trust.
New  Normal  financial  repression  NIRP  ZIRP  QE  economic  history  secular  stagnation  GFC  credit  bubble  book  western  world  emerging  middle  class  debtoverhang  Richard  Koo  deleveraging  debt  servitude  Super  Cycle  household  debt  consumer  debt  credit  card  debt  car  loan  student  loan  debt  student  loan  student  debt  KennethRogoff  carmenreinhart  sovereign  debt  crisis  austerity  Paul  Krugman  Gini  coefficient  inequality  Joseph  Stiglitz  distortion  monetary  policy  fiscal  policy  monetary  transmission  mechanism  liquidity  trap  unconventional  monetary  policy  monetary  theory  monetary  system  retirement  demographic  bubble  ageing  population  far-right  Rechtsextremismus  Rechtsruck  zombie  consumer  zombie  corporations  zombie  banks  Pact  Schuldenbremse  tax  avoidance  tax  evasion  inflation  targeting  inflation  expectation  nominal  GDP  targeting  GDP  reflate  reflation  trust  trustagent  distrust  business  confidence  consumer  confidence  public  sentiment  public  perception  bank  bailout  Japan  Abenomics  AIIB  IMF  China  BRIC  self-regulation  Great  Moderation 
february 2016 by asterisk2a
Cameron's EU deal and Trump loses Iowa – Politics Weekly podcast by Guardian Politics Weekly
Cameron has come back with McDonalds menu, has promised michelin star menu // there is a reward amongst tories front and back benchers to agree to disagree and come out, what ever is in the final print, unscathed and move on in unity (via public opinion/voters) towards the general election 2020! // bummer, jeremy corbyn didn't arise to the occasion to pluck apart the tories and cameron with this draft deal in the PMQ's // 12:00 out campaigns in disarray!
Brexit  David  Cameron  Career  Politicians  immigration  migration  European  Union  general  election  2020  general  election  2015  public  opinion  public  sentiment  UKIP  Tories  nasty  party  Conservative  Rechtsextremismus  Rechtsruck  Ausländerfeindlichkeit  Xenophobia  political  theory  political  economy  Jeremy  Corbyn  Labour 
february 2016 by asterisk2a
Harald Welzer zum Thema Flüchtlinge - YouTube
Thomas Friedman - Germany hippieland? // Gunnar Heinsohn über den wahren Hintergrund des Asylwahns - youtu.be/zhzthrcmkBM - (16:11) Milton Freedman, only highly productive educated skilled people come to your country for work if there is work, if there is zero social safety net/welfare state. GERMANY NEEDS TO INTEGRATE, EDUCATE migrants with MASSIVE PUSH! MASSIVE! NEW OWN MARSCHALL PLAN thus that those don't end up on hartz-iv and ALG2/Aufstocker! Compassionately. Emphatically. And ask German Industry to help to overlook some minor issues like German and Math that can be fixed along the way! reform economic refugees. // TO MAINTAIN Exportweltmeister and keep stable the transferleistungsbilanz (welfare state/social safety net) // economic refugees also created via trade agreements, globalisation and competition. and borderless world. // Book "Selbstdenken" - youtu.be/v_FVRNlLZT4
refugee  crisis  Angela  Merkel  Germany  political  economy  political  theory  public  sentiment  fearmongering  Fear  budget  deficit  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  SPD  CDU  CSU  babyboomers  squeezed  middle  class  Precariat  far-right  AfD  NPD  European  Union  European  History  Asylbewerber  Asylum  UK  USA  Ausländerfeindlichkeit  Social  Media  manufactured  consent  Lügenpresse  hartz-iv  ALG2  Aufstocker  mindestlohn  minimum  wage  sociology  psychology  safety  net  Agenda  2010  welfare  state  working  poor  liberal  economic  reform  Zeitarbeit  Gesellschaft  Wertegesellschaft  Zivilgesellschaft  Schengen  Agreement  Syrien  Syria  ISIS  islamic  radicalism  islamic  extremism  civil  war  Afghanistan  Iraq  Irak  East  demographic  bubble  ageing  population  Fachkräftemangel  Sozialpolitik  Integrationspolitik  Islamophobia  Rechtsextremismus  Rechtsruck  political  refugee  war  refugee  economic  refugee  Exportweltmeister 
february 2016 by asterisk2a
Amid market turmoil and confusion, there are four key economic trends shaping society
The UK economy currently gets nowhere near its target of 2%. Inflation would decrease the value of current debts, making them less of a burden. In a world without much inflation, it is hard to get wages up. The worse case scenario is that debt costs increase, as prices and wages stagnate. [ ignoring debt and income growth - stagnation at their peril - youtu.be/KIaXVntqlUE - gov is no household budget, Steve Keen + Richard Koo ] [...] And in this age of austerity, these factors will work against governments seeking to reduce the welfare bill. Recent data shows that, in UK cities, growing numbers of low paid jobs have led to rising claims for welfare such as housing benefits, defeating the government’s aims to reduce spending.
economic  history  secular  stagnation  inflation  targeting  nominal  GDP  targeting  fiscal  policy  monetary  policy  inflation  wage  growth  wage  stagnation  squeezed  middle  class  job  creation  Service  Sector  Jobs  low  pay  low  income  minimum  wage  UK  Mark  Carney  austerity  tax  credit  housing  benefit  working  tax  credit  debt  servitude  Super  Cycle  Richard  Koo  liquidity  trap  monetary  transmission  mechanism  monetary  stimulus  debtoverhang  balance  sheet  recession  deleveraging  household  debt  consumer  debt  credit  card  debt  western  world  GDP  wage  inflation  income  growth  disposable  income  discretionary  spending  income  distribution  Gini  coefficient  Super  Rich  1%  inequality  income  inequality  income  redistribution  tax  evasion  tax  avoidance  monetary  system  monetary  theory  student  debt  student  loan  debt  student  loan  Bubble  debt  monetisation  debt  monetization  zombie  banks  monetary  velocity  Niall  Ferguson  NPL  junk  bond  zombie  corporations  zombie  consumer  ZIRP  NIRP  QE  Taper  China  credit  BRIC  output  gap  productivity  industrial  policy  public  investment  productive  investment  business  investment  infrastructure  investment  property  financial  repression  speculative  bubbles  asset  allocation  Generationengerechtigkeit  fairness  money  supply  faultlines  global  imbalances  recovery  working  poor  Precariat 
february 2016 by asterisk2a
Adam Posen: What Japan and the UK Demonstrate about Macroeconomic Stimulus - YouTube
Confidence Fairy - Paul Krugman. (sov debt crisis) only applicable if you don't have a central bank. like Greece. that can do QE as much as you need to stabilise monetary system. ie stop deleveraging, only serving debt. meaning deflation. // different QE, diversity. shift risk appetite to more riskier debt. ... // fiscal activism can't overcome austerity ... // UK has it work because it doesn't have the manufacturing base. but its population is growing, not shrinking. but job creation - multiplier to economy is 1 or lower because of mostly service sector job creation which lot need to access welfare state through tax credits. // min 11. Gordon Brown and Alistair Darling did lots right! GPB depreciation. budget deficit growth. But imports stayed high!!! current account deficit and trade deficit. Austerity undermines growth and BOE policy! cut you future and investment (4-1 ration). UK got no credibility bonus from bond vigilantes, no FDI inflows.
Abenomics  economic  history  secular  stagnation  UK  austerity  Japan  BOE  BOJ  Mark  Carney  deflationary  deflation  demographic  bubble  ageing  population  migration  immigration  Sozialpolitik  Integrationspolitik  Paul  Krugman  JGB  ZIRP  NIRP  QE  liquidity  trap  balance  sheet  recession  Richard  Koo  deleveraging  ECB  TLTRO  LTRO  debt  monetisation  debt  monetization  monetary  policy  monetary  transmission  mechanism  monetary  stimulus  monetary  theory  unconventional  monetary  policy  monetary  system  financial  repression  distortion  speculative  bubbles  creditrating  creditrisk  junk  bond  NPL  credit  bubble  recovery  George  Osborne  Fiscal  Pact  Schuldenbremse  Super  Cycle  sovereign  debt  crisis  debtoverhang  currency-war  currency  debasement  currency  war  current  account  deficit  trade  deficit  IMF  OBR  foreign  direct  investment  Conservative  Party  nasty  fairness  Generationengerechtigkeit  policy  folly  policy  error 
january 2016 by asterisk2a
SPERI Annual Lecture 2015: 'The Failure of Austerity' by Lord Robert Skidelsky - YouTube
economic history - "state spending inherently unproductive." // borrowing is deferred taxation - David Richardo - Rational expectations. Market economy always tended full employment. // Theory and Facts did not align. Keynes realised it post-war. Private investment is inherently volatile, ie slump conditions. state to offset underinvestment of private sector and match their retreat. getting rid of abnormal unemployment. done through monetary expansion (QE) and put onto state balance sheet available to spend. // Where 2009 forward QE got to banks ... // Paul Krugman - Confidence Fairy. // "Look after employment, and the budget will look after itself." but today it's the bond holders confidence who shapes budgets. // Keynes 'it is the long-term confidence of businesses that shape investment, confidence in state to no let a slump happen again.' but austerity, out of ammo talk, political-, social environment/sentiment & Osborne's '2016 will be tough year' speech were counter-productive.
austerity  economic  history  Robert  Skidelsky  Richard  Koo  David  Ricardo  sovereign  debt  crisis  underinvestment  productive  investment  competitiveness  competitive  public  utility  public  investment  education  policy  public  transportation  Good  infrastructure  investment  QE  monetary  policy  fiscal  policy  George  Osborne  trickle-down  economics  tax  code  progressive  taxation  oligarchy  plutocracy  Super  Rich  1%  neoliberalism  neoliberal  Chicago  School  stagflation  secular  stagnation  Pact  business  cycle  business  confidence  consumer  confidence  Schuldenbremse  western  world  Paul  Krugman  political  folly  political  theory  political  economy  political  error  macroprudential  policy  macroeconomic  policy  microeconomic  policy  financial  cycle  Greed  economic  cycle  inflation  expectation  expectations  Super  debt  servitude  GFC  recovery  Conservative  Party  fearmongering  Fear  Career  Politicians  nasty  David  Cameron  PR  spin  doctor 
january 2016 by asterisk2a
Bank of Japan shocks markets by adopting negative interest rates | World news | The Guardian
BOJ shock decision to adopt negative interest rates, in an attempt to protect the flagging economy from market volatility and fears over the global economy. In a 5-4 vote, the bank’s board imposed a 0.1% fee on deposits left with the Bank of Japan (BoJ) – in effect a negative interest rate. The move, which follows the similarly aggressive precedent set by the ECB in June 2014, is designed to encourage commercial banks to use excess reserves they keep with the central bank to lend to businesses. //&! The Disturbing Reasons Why The Bank Of Japan Stunned Everyone With Negative Rates - bit.ly/1UvpOyO - encouraging capex, supporting existing bubbles ie equity and bonds (joining draghi). Citing examples of Sweden and Switzerland with NIRP. And ECB of combining QE and NIRP. Combating China exporting deflation. And keep the pace of JGB purchases, keeping the bubble floating. [A] "last-ditch measure"[.] [I]t may be time to panic. - 2016/2017 //&! Currency War - bit.ly/1QwOGox
ECB  BOJ  ZIRP  NIRP  QE  debt  monetisation  debt  monetization  monetary  policy  monetary  transmission  mechanism  monetary  theory  unconventional  monetary  policy  monetary  stimulus  monetary  system  deposit  levy  MarioDraghi  Abenomics  economic  history  deleveraging  debtoverhang  balance  sheet  recession  GFC  recovery  Yen  Euro  credit  bubble  liquidity  trap  distortion  asset  bubble  asset  allocation  equity  bubble  speculative  bubbles  bond  bubble  property  bubble  debt  bubble  New  Normal  financial  repression  faultlines  global  economy  structural  imbalance  global  imbalances  demographic  bubble  ageing  population  Japan  UK  secular  stagnation  western  world  inflation  expectation  inflation  targeting  nominal  GDP  targeting  deflation  Sweden  Switzerland  China  Yuan  JGB  2016  USA  Europe  sovereign  debt  crisis  austerity  business  confidence  consumer  confidence  Super  Cycle  recession  currency-war  currency  debasement  currency  war 
january 2016 by asterisk2a
Why is the pound falling so sharply? - BBC News
Weak economic data is casting doubt on the future performance of the UK economy, with inflation persistently well below the Bank of England's 2% target and earnings growth slowing down from a six-year high. Earlier this month, figures for November showed that UK industrial output had suffered its sharpest decline since 2013. Looking further ahead, investors are worried about the outcome of a referendum on the UK's continued membership of the EU. As Andy Scott of foreign exchange services firm HiFX put it: "Concerns over the UK economy and the risk of a Brexit look likely to continue to haunt sterling." Traders are also generally more risk-averse in the light of the global turmoil caused by Chinese market problems and falling oil prices, which makes them reluctant to buck sterling's downward trend.
UK  BOE  Taper  ZIRP  NIRP  QE  liquidity  trap  debtoverhang  consumer  debt  household  debt  credit  card  debt  mortgage  market  industrial  policy  austerity  monetary  policy  fiscal  policy  Richard  Koo  zombie  consumer  zombie  banks  zombie  corporations  monetary  transmission  mechanism  monetary  theory  unconventional  monetary  policy  Mark  Carney  MPC  energy  policy  energy  price  competitive  competitiveness  STEM  underinvestment  tax  evasion  tax  avoidance  corporate  welfare  corporate  tax  rate  subsidies  subsidizing  secular  stagnation  immigration  migration  job  creation  low  income  Service  Sector  Jobs  recovery  GFC  bank  bailout  budget  deficit  London  Scottish  Independence  Scottish  referendum  Devolution  Brexit  uncertainty  unknown  unkown  global  economy  credit  bubble  debt  servitude  Super  Cycle  student  loan  debt  student  debt  baddebt  NPL  private  debt  economic  history  Niall  Ferguson  democracy  Super  Rich  1%  oligarchy  plutocracy  Gini  coefficient  inequality  social  mobility  income  mobility  Precariat  Zero  Hour  Contract  precarious  work  Contractor  low  pay  minimum  wage  George  Osborne  Tories  dogma  ideology  Conservative  Party  neoliberal 
january 2016 by asterisk2a
Carney: No need for interest rate rises now - BBC News
Carney said that collapsing oil prices and an "unforgiving" global environment meant that tighter monetary policy was not yet necessary. [...] He pointed out that the Fed's rate rise had only brought the US interest rate to the same "lofty level" as the Bank of England's. The Governor said that three factors would be the strongest guide to when interest rates might rise. First, that economic growth in the UK would be higher than the average trend. He said that growth at an average quarterly rate of 0.5% in 2015 had "disappointed". Second, that wage growth strengthens and productivity improves. And, third, that core inflation starts to approach the target rate of 2%. //&! Rate rise pause till early 2017? - bbc.in/1T1Qrge - [ global risks are building, global imbalances, faultlines. ] There's a frying pan - the global growth slowdown - and a fire - high levels of indebtedness - out there. &! bbc.in/1S5N7ks
Fed  BOE  2016  Taper  UK  USA  monetary  policy  Mark  Carney  Fed  mandate  productivity  output  gap  inflation  expectation  inflation  targeting  nominal  GDP  targeting  deflationary  deflation  Oil  price  commodity  prices  wage  inflation  GDP  secular  stagnation  economic  history  austerity  fiscal  policy  property  bubble  consumer  debt  household  debt  credit  card  debt  mortgage  market  ZIRP  NIRP  QE  private  debt  corporate  debt  Europe  ECB  China  credit  bubble  2015  global  economy  BRIC  OPEC  aggregate  demand  Richard  Koo  overcapacity  Supply  and  and  Supply  liquidity  trap  monetary  transmission  mechanism  monetary  stimulus  monetary  theory  unconventional  monetary  policy  debt  monetisation  debt  monetization  zombie  consumer  zombie  corporations  zombie  banks  debtoverhang  balance  sheet  recession  deleveraging  margin  trading  speculative  bubbles  equity  bubble  Super  Cycle  debt  servitude  leverage  George  Osborne  dogma  ideology  neoliberalism  neoliberal  faultlines  global  imbalances  distortion  emerging  middle  class  emerging  market  Frontier  Markets  sovereign  debt  crisis  unintended  consequences  unknown  unkown  QT  financial  repression  New  Normal 
january 2016 by asterisk2a
NHS chief demands political consensus on funding elderly and social care | Society | The Guardian
Stevens believes David Cameron’s administration should look at all the options for finding the billions of pounds needed, including revisiting the “triple lock”, which guarantees Britain’s pensioners generous annual increases in their state pension until 2020. [ ie could tax big pensions! progressive tax on income vs flat income tax/NI and sugar tax, food chain tax, animal products tax, processed food tax, engineered food tax ] In an interview with the Guardian, Stevens suggested ministers should be prepared to risk upsetting Britain’s growing army of senior citizens by looking at whether the benefits they receive are fair to working-age and younger people. [...] Last week, the House of Commons work and pensions select committee launched an inquiry into income inequality between older and younger people. [...] [babyboomers get 118% out of what they've paid] //&! bit.ly/1OscF7D - how much is sick population willing to pay?
NHS  ageing  population  premature  ageing  babyboomers  demographic  bubble  chronic  diseases  diet-related  disease  cancer  diabetes  obesity  heart  disease  UK  health  care  budget  health  care  spending  health  care  health  crisis  sick  population  staff  morale  locum  staff  staff  shortage  Generationengerechtigkeit  fairness  progressive  tax  code  Sugar  Standard  American  Diet  food  industry  Nudge  theory  intervention  prevention  elderly  care  adult  social  care  Public  Services  Services  austerity  national  insurance  generation  rent  lost  generation  Millennials  GP  mental  health  mental  illness  health  inequality  post  code  lottery  Simon  Stevens 
january 2016 by asterisk2a
Obesity: NHS to introduce 'sugar tax' in England - BBC News
The NHS is looking to impose its own "sugar tax" in hospitals and health centres in England, to help tackle the growing problem of obesity. It says people should be charged more for sweet drinks and snacks in vending machines and cafes. //&! Exclusive: Simon Stevens promises levy on sugary foods and snacks as he urges ministers to force food firms to take action - bit.ly/1V04RvL
NHS  Sugar  Tax  prevention  Nudge  theory  intervention  diet-related  disease  chronic  diseases  diabetes  pre-diabetic  metabolic  syndrome  obesity  epidemic  obesity  Standard  American  Diet  sedentary  lifestyle  Western  pattern  lifestyle  public  health  policy  public  health  health  care  budget  health  care  spending  health  crisis  sick  population  cancer  heart  disease  food  industry  processed  food  food  engineering  Chain  fast  food  Desert  food  abuse  junk  food  Politics  food  waste  food  poverty  food  borne  illness  Meat  Dairy  lobbyist  lobby  Lobbying  nanny  state  self-regulation  addiction  substance  abuse  tobacco  War  on  Drugs 
january 2016 by asterisk2a
Gordon Brown - Where Did It All Go Wrong ? - YouTube
Crash Gordon ( The Financial Crisis) - youtu.be/NL8A2fi3ols - the city generated 1/4 of all corporation tax income at its height! the city as a cash cow, that money was being redistributed into public & social services during the heyday. public spending increased from 40% of GDP to 48 (supported by the city cash cow). & the illusion 2 have a grip on boom & bust. convinced by 10 years of non-inflationary growth of the economy (thinking that labour made it). // BOE gov king was more concerned with the moral hazard of bailing out bad players (northern rock at this time) than with financial stability. northern rock was taken into public ownership under gordon brown. // 3 of the 5 largest banks in the world are British banks & each of them has a balance sheet larger than the uk economy. we are talking 5 times the British economy being the responsibility of the British tax payer. // & leading up to that infamous G20 meeting mervynking said there is no fiscal space 4 expansion
GordonBrown  GFC  bank  bailout  Labour  Party  economic  history  political  economy  political  error  political  theory  UK  NorthernRock  Career  Politicians  MervynKing  BOE  FSA  Positioning  Tories  Conservative  Party  George  Osborne  Vince  Cable  austerity  fiscal  policy  fiscal  stimulus  monetary  policy  monetary  theory  G20  tax  evasion  tax  avoidance  expense  scandal  Westminster 
january 2016 by asterisk2a
The Great Unraveling Looms - Blame The 'Austrians'? | Zero Hedge
Well, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the boom-bust business cycle, then Britain's Adam Smith Institute publishes a paper by Anthony Evans that recommends the Bank of England should ditch its powers over monetary policy and move towards free banking. [...] The BIS paper will be the more influential of the two in policy circles, and this is not the first time the BIS has questioned the macroeconomic assumptions behind the actions of the major central banks. [...] Targeting nominal GDP is not a perfect answer.
credit  bubble  economic  history  BIS  GFC  QE  ZIRP  NIRP  distortion  squeezed  middle  class  secular  stagnation  working  poor  credit  card  debt  household  debt  property  bubble  consumer  debt  monetary  policy  liquidity  trap  monetary  stimulus  monetary  theory  unconventional  monetary  policy  monetary  system  China  USA  subprime  car  loan  debt  servitude  discretionary  spending  disposable  income  Student  debt  Super  Cycle  debtoverhang  sovereign  debt  crisis  debt  bubble  debt  monetisation  debt  monetization  Fed  ECB  BOE  Japan  BOJ  Abenomics  nominal  GDP  targeting  inflation  targeting  wage  growth  wage  stagnation  income  distribution  income  inequality  low  income  income  redistribution  inequality  Gini  coefficient  Super  Rich  1%  plutocracy  oligarchy  group  think  think  tank  vested  interest  interest  groups  lobbyist  lobby  Lobbying  revolving  door  Career  Politicians  No  Representation  social  democracy  democracy 
january 2016 by asterisk2a
The Guardian view on fair play in politics: a Conservative coup | Editorial | Opinion | The Guardian
From trade union reform to parliamentary process, the Tories show a pattern of contempt for the protocols of democracy [...] Thanks to a crafty, albeit constitutionally permitted, parliamentary manoeuvre, a cut that will affect hundreds of thousands of disadvantaged young people went through without proper debate or vote on the floor of the Commons. David Cameron commands a slender majority, but it is enough to pass most of his legislative programme in a more transparent fashion. Only the most controversial elements risk obstruction, either through rebellion on the Tory benches in the lower house or rejection in the upper one. [...] That episode, like the vote on student grants, is consistent with a pattern displayed by this government of impatience with democratic norms, verging on contempt. One habit is bundling measures of primary importance up in secondary legislation. [...] lay the foundations for a long-term Conservative monopoly on government.
Tories  nasty  party  democracy  Career  Politicians  No  Representation  Toff  Privileged  Establishment  Funding  Westminster  Conservative  Labour  David  Cameron  George  Osborne  neoliberalism  neoliberal  dogma  ideology  House  of  Lords  NHS  Bursary  tax  credit  Snoopers  Charter  Evel  Trade  Union  Workers  Union  social  democracy  Opportunism  opportunist  political  economy  political  theory  PR  spin  doctor  Positioning  public  sentiment  Con  Artist  manufactured  consent  Polarisation  propaganda  populism  constituency  babyboomers  abuse  of  power  accountability  oversight  Separation  of  powers 
january 2016 by asterisk2a
Top judge says justice system is now unaffordable to most | Law | The Guardian
[ the budget a excel spreadsheet in No 10, with grades @ the end what upsets donors & what upsets the minimum of potential voters - is Career Politicans calculated approach. & shifting a public item off the balance sheet onto the private balance sheet! again! the debt is still there! & what does Tory gov support? Home Buyers! ] Civil justice is unaffordable for most people, more people are being forced to represent themselves, and judges – whose pensions have been cut – feel under-appreciated, according to the lord chief justice. [...] “Our system of justice has become unaffordable to most,” Thomas said in the introduction to his report. “In consequence there has been a considerable increase of litigants in person for whom our current court system is not really designed. //&! Court fees jeopardise Magna Carta principles, says lord chief justice. Mandatory court charges of up to £1,200 put justice beyond reach of majority, says Lord Thomas - bit.ly/1ZXfhAE &! bbc.in/1RmyLMD
injustice  inequality  economic  justice  System  justice  austerity  Tories  nasty  party  Conservative  George  Osborne  David  Cameron  Westminster  No  Representation  Career  Politicians  Toff  Privileged  Establishment  democracy  social  democracy  lobbyist  lobby  Lobbying  GFC  white-collar  crime  bank  bailout  Gini  coefficient  revolving  door  Funding  constituency  babyboomers  working  poor  Precariat  tax  credit  budget2015  fairness  Generationengerechtigkeit  political  economy  political  theory  policy  folly  policy  error  household  debt  private  debt  budget  deficit  public  sentiment  Help  to  Buy  Scheme  Right  to  Buy  property  bubble 
january 2016 by asterisk2a
Robert Caro talks to Evan Davis about Lyndon B Johnson & power - Newsnight - YouTube
distrust in politics started with Vietnam // you better bring the public along with you. if you have concealed something. in the end you will fail. // Lyndon B. Johnson - LBJ >> Q&A: Historian Robert Caro - youtu.be/Gcm0WY6LKYw &! Robert Caro: Understanding Power (Full Length Version) - youtu.be/_MZInSqcksg //&! The Art of Political Power, with Robert Caro and William Hague - youtu.be/rQHGZTFpTEw //&! Biographer Robert Caro Lecture at Davidson College - youtu.be/MF3rNSMbsa0 //&! Robert Caro: Understanding Power (Full Length Version) - youtu.be/_MZInSqcksg //&! Presidency of LBJ - youtu.be/kjlXSPMzbNU
credibility  gap  Career  Politicians  political  economy  political  theory  Politics  abuse  of  power  authenticity  authentic  trust  distrust  trustagent  history  book  Play  accountability  transparency  democracy 
january 2016 by asterisk2a
A knighthood for Lynton Crosby: government under fire for political honours | UK news | The Guardian
The government has been accused of turning the honours system into an “old boy’s club” after Lynton Crosby, the political strategist who ran the Conservatives’ 2015 election campaign, was awarded a knighthood. [...] “The main thing he is known for is introducing the concept of aggressive negative campaigning, or as Boris Johnson described it: ‘the dead cat strategy’ >> !!! >> [which involves distracting the public from a politically difficult issue by creating shocking news]. << !!! << Hardly worthy of honouring in this way if at all,” said McDonnell. He said Crosby’s knighthood would make the public think the titles perpetuate “an old boy’s club”. [...] His uncompromising tactics have appalled some of his opponents, with former Liberal Democrat business secretary Vince Cable once referring to him as “an Australian rottweiler”. [...] “getting a reward for services to the Tory party rather than services to the country”. [& got] close links to the tobacco industry.
Career  Politicians  Monarchy  House  of  Lords  UK  Establishment  Toff  Privileged  meritocracy  meritocratic  Gini  coefficient  inequality  social  mobility  income  mobility  austerity  Tories  Conservative  Party  nasty  general  election  2015  election  campaign  promises  PR  spin  doctor  manufactured  consent  David  Cameron  George  Osborne  DWP  immigration  Iain  Duncan  Smith  Jeremy  Hunt  NHS  political  theory  political  folly  political  economy  political  error  short-termism  Opportunism  opportunist  lobbyist  lobby  Lobbying  revolving  door  Policy  Makers 
december 2015 by asterisk2a
Blood pressure drugs rethink urged - BBC News
[ pushing more meds to prevent. LOL. with the side effects and possible death, from medication side effects/medical complications, is ~4th leading cause of death. ] More lives could be saved if doctors considered giving blood pressure drugs to all patients at high risk of heart disease - even if their blood pressures are normal, a study suggests.
high  blood  pressure  heart  disease  atherosclerosis  stroke  aneurysm  thrombosis  pharmaceutical  industry  pharma  big  pharma  prevention  intervention  Standard  American  Diet  Dietary  Fiber  cholesterol  Western  pattern  diet-related  disease  chronic  diseases  chronic  low-grade  inflammation  inflammation  coronary  artery  disease  Cardiovascular  disease  vascular  disease  NHS  health  care  budget  health  care  spending  sick  population  health  crisis  health  care  lobbyist  lobby  Lobbying  policy  folly  policy  error  public  safety  public  sentiment  public  awareness  public  perception  nanny  state  Nudge  theory  Makers  revolving  door  Wall  Street  profit  maximisation  shareholder  value  capitalism  crony  capitalism  interest  groups  vested  interest 
december 2015 by asterisk2a
NHS in Scotland facing 'pressure', doctors warn - BBC News
The NHS in Scotland will face "significantly more pressure" in the coming year despite a budget increase, the doctors' leaders have warned. The British Medical Association claimed that "constrained resources" meant the health service was struggling to cope with increasing demands. BMA Scotland chairman Peter Bennie also said the number of jobs lying vacant could have a "detrimental impact". The Scottish government said it had a "clear vision for the future". [...] "The funding gap faced by the NHS set against rising demand and the impact of increasing consultant, specialty doctor and GP vacancies and unfilled trainee posts cannot be ignored, and we must establish ways to make Scotland's NHS a more attractive place to work. [...] NHS will face significantly more pressure as Scotland's population continues to age." [...] [Shona Robinson] ensuring our NHS is sustainable for future generations. [ << bottom up prevention and intervention ] [ disability from heart disease events ]
NHS  NHS  Scotland  austerity  demographic  bubble  premature  ageing  ageing  population  chronic  diseases  Public  Services  Social  Services  OAP  sick  population  health  crisis  diet-related  disease  health  care  prevention  health  care  budget  health  care  spending  health  policy  health  UK  obesity  epidemic  obesity  childhood  obesity  overweight  diabetes  insulin  resistance  cancer  metabolic  syndrome  GP  staff  morale  locum  staff  staff  shortage  sedentary  lifestyle  alcohol  abuse  food  abuse  western  lifestyle  Standard  American  Diet  Dietary  Fiber  cholesterol  pattern  western  chronic  low-grade  inflammation  inflammation  heart  disease  disability  vulnerable  mental  health  health  inequality  post  code  lottery  stroke  thrombosis  aneurysm  heart  attack  drug  abuse  substance  abuse  active  lifestyle  lifestyle  medicine  nanny  state  Nudge  theory  high  blood  pressure 
december 2015 by asterisk2a
Donald Trump and Isis both benefit from a powerful fuel: our fear | Arie W Kruglanski | Opinion | The Guardian
The Republican presidential frontrunner and Islamic State both know how to exploit the fear and uncertainty so prevalent today and skillfully cultivate it [...] All these factors jolt people out of their comfort zones and foster existential anxieties that spawn yearnings for order and predictability. They privilege simplistic concepts that lack nuance and lend significant edge to leaders who talk tough and offer what psychologists call “closure”.
ISIS  War  on  Terror  Taliban  Boko  Haram  al-Qaida  Fear  Fearmongering  Islamophobia  populism  propaganda  manufactured  consent  corporate  state  corporate  media  business  model  pageviews  Donald  Trump  donaldtrump  far-right  Polarisation  Lügenpresse  neoconservatism  spin  doctor  PR  neoconservatives  neoliberalism  neoliberal  Positioning  Social  exploitation  Career  Politicians  No  Representation  Opportunism  opportunist  democracy  psychology  sociology  political  economy  political  theory  uncertainty  anxiety  status  anxiety  zombie  consumer  status  symbol  class  warfare  socioeconomic  status  status  public  sentiment  peer  group 
december 2015 by asterisk2a
Minimum alcohol pricing plan 'may breach EU law' - BBC News
[MPU] legislation is significantly to restrict the market, and this might be avoided by the introduction of a tax measure designed to increase the price of alcohol instead of a measure imposing a minimum price per unit of alcohol." [...] /// Instead it says increasing the tax on alcohol tax could be justified as it would combat alcohol misuse and wouldn't restrict the market. /// [...] Alison Douglas, chief executive of Alcohol Focus Scotland [...] minimum pricing was a better measure than alcohol taxes, which are "limited in their ability to raise the price of the cheapest alcohol to a level that will actually reduce harm". [SWA] had "blocked the democratic will of the Scottish Parliament and sacrificed public health to protect their members' profits". [...] [BMA] "The case for minimum unit pricing has always been based on the fact that it achieves what taxation cannot[."] [...] "unhealthy relationship with drink". //&! bit.ly/1mglhVe
taxation  tax  code  Alcohol  Scotland  abuse  substance  abuse  drug  abuse  public  safety  public  health  policy  public  health  sick  population  health  crisis  prevention  Nudge  theory  food  abuse  lobbyist  lobby  Lobbying  food  industry  revolving  door  policy  folly  policy  error  self-regulation  regulation  regulators  FDA  USDA  food  engineering  processed  food  Big  Sugar  advertisement  marketing  Escapeism  Entertainment 
december 2015 by asterisk2a
Schockbilder auf Zigarettenpackungen kommen im Mai 2016 - SPIEGEL ONLINE
Die Lust am Rauchen soll den Deutschen vergehen - mit großen Gruselfotos auf Zigarettenschachteln. Das erhofft sich die EU von den neuen Vorgaben, die auch Deutschland bis Mai 2016 umsetzen muss. [...] ihre Einführung immer wieder verschoben, obwohl ihre Einführung beispielsweisefür 2010 angekündigt worden war. Dass die Fotos erst 2016 kommen, gilt auch als Erfolg der Tabaklobby. //&! Tabakkonsum: Passivrauchen beeinträchtigt die weibliche Fruchtbarkeit - bit.ly/1PdipSP - Die Menopause tritt früher ein, das Risiko für Unfruchtbarkeit steigt: Wie schädlich neben aktivem Zigarettenkonsum auch Passivrauchen sein kann, zeigt eine aktuelle Studie.
tobacco  public  health  policy  public  health  public  safety  taxation  Nudge  theory  lobbyist  lobby  Lobbying  Big  Sugar  food  industry  WHO  cancer  Meat  medical  research  medical  profession  medical  advances  health  care  budget  health  care  health  care  spending  health  crisis  sick  population 
december 2015 by asterisk2a
Chris Hedges on What it Takes to be a Rebel in Modern Times - YouTube
If you care about the truth you eventually run into problems as the journalist who usually manipulates facts for a living. // neoliberalism sold to us through lies and manipulated facts. // 2/3rds of the country in poverty. // mania for hope is a political pacifier even for the liberals, keeping people hopeful - keeps people complacent. // moral imperative for civil disobedience. // but do not use the word hope! // game is fixed. // rebellion led by day class intellectuals. that band together with the underclass. // if you have whole-sale surveillance, you can't have investigative journalism // it's about ratings and money, they don't do journalism. << corporate media. // dismantling BBC by tories is a power play by tories (power elite) // &! redd.it/3x3kw7 - Most of the information we spread online is quantifiably “bullshit” - The internet encourages the spread of information that is emotionally resonant but factually untrue
journalismus  investigative  journalism  journalism  mainstream  media  Noam  Chomsky  Chris  Hedges  activists  activism  democracy  manufactured  consent  society  propaganda  newscorp  News  Corp.  News  Corporation  social  democracy  trust  trustagent  distrust  neoliberalism  neoliberal  Gini  coefficient  inequality  Super  Rich  1%  poverty  Revolution  Rebellion  Occupy  Central  occupywallstreet  crony  capitalism  corporate  state  corporate  media  Surveillance-Industrial  Complex  surveillance  state  populism  Wall  Street  shareholder  value  profit  maximisation  lobbyist  lobby  Lobbying  revolving  door  interest  groups  vested  interest  rat  race  status  anxiety  zombie  consumer  disenfranchise  disenfranchised  post-racial  America  economic  justice  #BlackLivesMatter  presidency  barackobama  abuse  of  power  political  theory  political  economy  CIA  NSA  FBI  surveillance  Hacktivism  FOI  Freedom  of  Information  Act  transparency  oversight  accountability  media  conglomerate  conglomerate  business  model  pageviews  BBC  British  Broadcasting  Company 
december 2015 by asterisk2a
Could fining parents cut childhood obesity? - BBC News
More than 600 million people, or 13% of the world's adult population, are obese. The rate more than doubled between 1980 and 2014, according to the World Health Organization. The estimated cost to the global economy is $2tn (£1.3tn), including £47bn to the UK. National and local governments have struggled to address obesity, defined as having a body mass index - based on the ratio of height to weight - of more than 30. They often face accusations of nanny-statism and opposition from food and drink companies if they do so. Attempts have been patchy and experts are divided on what, if anything, works. // [ THUS NUDGE and push people making the right decision by progressive (increase every other year) sugar/fat tax and animal products tax and subsidize produce, especially in food deserts. and tax food chain products accordingly. ] In 2012, France quadrupled the tax on saturated fat-rich palm oil, dubbed the "Nutella tax" because the popular hazelnut spread contained the ingredient.
obesity  epidemic  obesity  childhood  obesity  nanny  state  Big  Sugar  tobacco  food  industry  Meat  WHO  sick  population  prevention  intervention  Nudge  theory  overweight  diet-related  disease  health  care  health  care  budget  health  care  spending  health  crisis  Public  Policy  lobbyist  lobby  Lobbying  Standard  American  Diet  Dietary  Fiber  cholesterol  Western  pattern  cancer  heart  disease  diabetes  metabolic  syndrome  non-alcoholic  fatty  liver  disease  chronic  diseases  chronic  low-grade  inflammation  health  health  food  engineering  substance  abuse  food  abuse  addiction  Chain  microeconomic  microprudential  fast  food  Desert  junk  food  Politics  processed  food  food  waste  food  poverty  Sugar  Tax  Jamie  Oliver  Fat  Tax 
december 2015 by asterisk2a
New medicines 'should prevent not just treat disease' - BBC News
Leading doctors say the NHS must prepare for much greater use of medicines to prevent rather than just treat disease. [...] The future of healthcare is a healthier lifestyle. [<< Professor Carl Heneghan from the Oxford University Centre for Evidence-Based Medicine,] [...] "Having a real impact on reducing demand and improving quality of care in the NHS will only happen when the root cause of lifestyle-driven disease is tackled head on // a 50% health tax on animal products and processed food (high in fat, salt, sugar), alcohol, tobacco products (+100% tax) - with plan to progressively increase tax further and further on every other year; which subsidises vegan school meals, NHS, care system, and fruit and veg go tax reduced.
NHS  prevention  intervention  diet-related  disease  chronic  diseases  chronic  low-grade  inflammation  cancer  lifestyle  western  lifestyle  western  diet  Standard  American  Dietary  Fiber  diet  cholesterol  pattern  diet  Whole-Food  Plant-Based  anti-inflammatory  diet  Big  Sugar  Meat  Industry  food  Public  Policy  awareness  perception  Policy  Makers  lobbyist  lobby  Lobbying  tobacco  health  care  budget  health  care  spending  health  crisis  sick  population  diabetes  heart  disease  obesity  epidemic  obesity  childhood  obesity  parenting  parenthood  parents  education  taxation  Nudge  theory 
december 2015 by asterisk2a
Conspiracy-theorist nutbags run Congress, and they’re making Benghazi a verb: Next up, climate scientists - Salon.com
But in this political environment, being cautious about just handing a bunch of documents over to Republican is a smart move. After watching the Planned Parenthood and Benghazi hearings, a couple of things are clear: One, the Republicans will extract any stray word or number they can and take it out of context in an effort to advance their political agenda, with concerns about decency and honesty not restraining them in the slightest. Two, if they can’t find something like that, they’ll probably just lie about it. [...] The episode was a stellar demonstration of how the utter lack of morals and decency among House Republicans will lead them to distort and lie about numbers, even in the most obnoxious and obvious ways. [...] Imagine what kind of lies and distortions Republicans could gin up with the complex equations and variables that go into climate science. // confusing people. put doubt into peoples mind.
republican  republicans  USA  Career  Politicians  dogma  ideology  climate  change  global  warming  trickle-down  economics  political  economy  political  theory  Politics  Food  Politics  nanny  state  presidency  barackobama  COP21  GFC  deregulation  Hegemony  Religion  Planned  Parenthood  abortion  gay  marriage  gay  rights  climate  science  lobbyist  lobby  Lobbying  reframing  framing  PR  spin  doctor  Positioning 
december 2015 by asterisk2a
▶ BBC Two - Victoria Derbyshire, Jamie Oliver: 'Energy drinks need age limits'
diet-related diseases have a slow progression [...] "confusion is what protects the industry." [...] "capacity to make wrong choices much easier that to make right choices." [...] [ today's food addicts are always surrounded by their enablers and drug dealers, socially acceptable ] //&! Can we cut sugar levels in our food? - 2/3 of adults at least overweight, only 17% of children meet the 5 a day - bbc.in/1Iolos2 - 'reduce sugar in packaged food.' + 'processed food with health claims' [<< where is the broccoli lobby when you need them?] Iceland Manager "can't expect a nation to change eating habits [of ready meals high in fat, salt and additives.]." [<< have to do it 1 by 1 on a local basis, community led]
diet-related  disease  pre-diabetic  diabetes  substance  abuse  obesity  epidemic  obesity  childhood  obesity  tobacco  Big  Sugar  Sugar  Tax  food  industry  processed  food  fast  food  junk  food  food  engineering  Politics  food  poverty  Desert  child  abuse  energy  drink  non-alcoholic  fatty  liver  disease  liver  disease  alcohol  abuse  drug  abuse  parenting  childhood  childhood  development  Tories  lobbyist  lobby  Lobbying  Jamie  Oliver  nasty  party  short-termism  corporate  rate  advertisement  advertising  marketing  Positioning  reframing  framing  WHO  Conservative  Policy  Makers  revolving  door  PR  spin  doctor  NHS  health  crisis  sick  population  Meat  carcinogen  carcinogenic  Dairy  Fish  Milk  food  waste  Egg  complexity  capitalism  crony  capitalism  profit  maximisation  shareholder  value  Wall  Street  Nudge  theory  public  health  public  health  health  care  budget  premature  ageing  health  care  spending  UK  prevention  intervention 
december 2015 by asterisk2a
Jamie Oliver: Time to get 'medieval' on sugar - Newsnight - YouTube
>> biggest killer; diet related diseases. // "industry don't want you to have clarity." as in pictures of cancer on tobacco packaging. // same w WHO reply "moderation" "meat and dairy is part of a healthy balanced diet."
food  industry  Jamie  Oliver  processed  food  fast  food  convenience  Desert  Chain  junk  food  food  engineering  Politics  food  poverty  Big  Sugar  Sugar  Tax  NHS  prevention  intervention  lobbyist  lobby  Lobbying  capitalism  shareholder  value  profit  maximisation  Wall  Street  public  health  policy  public  health  health  inequality  childhood  development  childhood  obesity  education  policy  food  prices  Nudge  theory  chronic  diseases  obesity  epidemic  obesity  tobacco  substance  abuse  addiction  alcohol  abuse  drug  abuse  Positioning  nanny  state  reframing  framing  PR  spin  doctor  chronic  low-grade  inflammation  corporate  media  corporate  state  advertising  marketing 
november 2015 by asterisk2a
A Car Vlog: I Am "That" Mom - YouTube
@4:40 - RE: Food as Reward = Business as Usual (BAS). Any food that triggers some feel good chemicals can be abused: junk food, fast food, processed food, alcohol, tobacco, drugs. Some are legal others carry a stigma and others are illegal ... depending where you live. (Liberal) Progressive policy making would be to legalise all but put a progressive and aggressive tax on those. An addiction & harm tax along the nudge theory. And with that tax revenue to pay for public health care and public education campaigns to raise awareness and change perception, image and opinion. Not pulling the nanny state. But if you use tobacco, you pay twice; now with your discretionary spending choice and then with your health, and we let you know on the packaging. And we can also subsidise cycle to work schemes, cycle lanes, cycle shelters.
substance  abuse  food  abuse  Big  Sugar  tobacco  Legalisation  Progressive  Policy  Makers  lobbyist  lobby  Lobbying  Marijuana  Medical  Marijuana  cannabis  Legal  Highs  self-regulation  regulation  regulators  deregulation  food  industry  sick  population  child  abuse  alcohol  abuse  drug  abuse  alcohol-abuse  non-alcoholic  fatty  liver  disease  alcoholism  A&E  health  care  health  care  budget  public  health  health  health  care  spending  obesity  epidemic  obesity  childhood  obesity  animal  fat  animal  protein  pre-diabetic  diabetes  metabolic  syndrome  atherosclerosis  autoimmune  disease  chronic  diseases  heart  disease  vascular  disease  Cardiovascular  disease  erectyle  disfunction  coronary  artery  disease  well  being  happiness  index  happiness  Dirty  Vegetable  DirtyVegetable  Career  Politicians  No  Representation  democracy  Dairy  Meat  Egg  Milk  Fish  sustainability  sustainable  oversight  transparency  accountability  white-collar  crime  injustice  Justice  System  Consumer  Protection  public  awareness  public  perception  public  opinion  WHO  carcinogen  carcinogenic  Standard  American  Diet  dietary  cholesterol  Western  pattern  lifestyle  sedentary  lifestyle  Nudge  theory 
october 2015 by asterisk2a
Glyphosat: Bundesinstitut hat falsch informiert | Das Erste
LEAK through Whistleblower! [ Whistleblowing is the act of bringing to light evidence of waste, fraud, abuse, law-breaking, or dangers to public health or safety. bit.ly/1McxupR ] via - on.fb.me/1hXVTRE - Das Politmagazin Fakt hat den Glyphosatbericht veröffentlicht. Der Bericht gilt als Grundlage für die Entscheidung über die Neuzulassung des umstrittenen Ackergifts. Es ist ein Armutszeugnis für die EU-Kommission, dass erst ein Leak die Grundlage für die überfällige öffentliche Diskussion schafft! // Wie gefährlich ist das meist eingesetzte Pflanzengift der Welt Glyphosat? | FAKT | Das Erste - youtu.be/HL_kjRlU95E - Der Unkrautvernichter ist ein Kassenschlager. Die Weltgesundheitsorganisation stuft das Pestizid als "wahrscheinlich krebserregend" ein. Deutsche Behörden sind da weniger kritisch. [ AND AGAIN USING STATISTIC TO GET DESIRED RESULT via BfR ]
Monsanto  Protection  Act  Monsanto  glyphosate  European  Commission  European  Union  WHO  Consumer  Protection  carcinogen  carcinogenic  public  health  herbicide  pesticide  fungicide  GMO  GMO  crop  Career  Politicians  No  Representation  lobbyist  lobby  Lobbying  Whistleblower  courage  civil  courage  Zivilcourage  social  contract  political  theory  corporate  scandal  statistics  medical  profession  medical  research  medical  advances  endotoxin  toxic  toxin  Food  Chain 
october 2015 by asterisk2a
Plastikmüll erreicht Arktis: 2,7 Millionen Tonnen im Meer vermutet - SPIEGEL ONLINE
Eigentlich wollten die Polarforscher Meeressäuger und Seevögel beobachten - doch dann zählten sie auch Müll. Selbst im Hohen Norden treibt Kunststoffschrott im Wasser und wird zur Gefahr für die dort lebenden Arten.
mass  extinction  ecological  disaster  environmental  disaster  plastic  nation  plastic  bag  Great  Pacific  Garbage  Patch  pollution  recycling  waste  waste  management  public  awareness  public  perception  public  discourse  public  debate  visibility  Policy  Makers  Nudge  theory  public  interest  public  image  sustainability  sustainable 
october 2015 by asterisk2a
Cycling: three-quarters of Britons support more spending on bike use | Environment | The Guardian
[ where is the bike lobby here? its a bn dollar business. ] Biggest ever survey on subject says people would like government to spend almost seven times more on bike infrastructure than it does now. [...] Currently, about 1% to 2% of all trips in the UK are made by bike, as against figures of 25% or more in some nations, such as the Netherlands. Activists argue that more bike use would greatly help combat the ongoing health crisis caused by physical inactivity, as well as reducing vehicle pollution, among other benefits. “The message from the public couldn’t be clearer: there’s a desire to cycle more, but that a lack of safe places to ride bikes is off ­putting,” said Jason Torrance, policy director at Sustrans. [...] “Physical inactivity, congestion and declining air quality cost our economy billions. Governments must act to secure a greater share of current transport investment for cycling and walking.”
underinvestment  air  pollution  noise  pollution  public  transportation  transportation  urban  planning  urbanisation  commuting  quality  of  life  standard  of  living  living  standard  public  health  policy  public  health  health  crisis  sick  population  sedentary  lifestyle  lifestyle  medicine  active  lifestyle  lifestyle  western  lifestyle  Nudge  theory  NHS  Cycling  British  Cycling  incentive  infrastructure  investment  city  living  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  emissions  CO2  NXo 
october 2015 by asterisk2a
Former devolution body head Sir Kenneth Calman backs 'Union Charter' - BBC News
I don't think [the case for the Union] has been well enough articulated - it is still a case of 'them at Westminster' Sir Kenneth Calman, former head of the Scottish Commission on Devolution [...] Crossbench peer, Lord Judge, asked if there was merit in creating a Charter of the Union. Sir Kenneth replied: "The answer is yes. I think it would make the discussion easier about who does what, and how we benefit, how you benefit and how we all benefit. I think that would be very helpful. "Without that communication, the average citizen is left wondering who does what for me now - and it is Westminster's fault anyway - so, it is easier to put it the wrong way."
Scotland  Holyrood  Wales  Northern  Ireland  England  UK  Devolution  The  Smith  Comission  Scottish  Independence  Scottish  referendum  devo-max  The  Vow  Westminster  Career  Politicians  No  Representation  symptom  SNP  Nicola  Sturgeon  David  Cameron  public  perception  public  opinion  public  debate  democracy  political  theory  social  contract 
october 2015 by asterisk2a
Lords forced to back down on tax credits motion as Tory rebellion grows | Money | The Guardian
An attempt by peers to kill off proposed cuts to tax credits has been rebuffed by the government after it warned the House of Lords that they will trigger a full-scale constitutional crisis if they press ahead with their plans. As the chancellor faced a growing rebellion against the cuts among Tory MPs on Tuesday, the government told the non-party group of crossbench peers that they could risk a renewed push to weaken the powers of the upper house if they refused to back down. The high-stakes warning by the government came after Baroness Meacher, a crossbench who is the former chair of the East London NHS Trust, threatened to table a “fatal motion” to kill off the cuts to tax credits. //&! bit.ly/1RonyY3 - The Commons Speaker, John Bercow, has sent a clear warning to the Lords not to overreach itself by blocking the government’s plan to cut tax credits, saying “the constitutional position is clear and longstanding”.
Politics  democracy  Separation  of  powers  accountability  No  Representation  Conservative  Party  nasty  Tories  George  Osborne  David  Cameron  tax  credit  child  tax  credit  working  tax  credit  Career  Politicians  Westminster  political  theory  social  contract 
october 2015 by asterisk2a
Junior doctors: 7 in 10 to leave NHS if Hunt pushes through new contract | Society | The Guardian
on.fb.me/1NVj79G >> //&! The NHS and junior doctors: we need to hammer the government | Owen Jones talks - youtu.be/IjSCg3hA0Jc - Tories spin, positioning, reframing, manufactured consent, constituency politics, //&! Medical Negligence Lawyer talks at the protests: Peter Stefanovic Medical Negligence Lawyer - Junior Doctors Protest 18 10 15 - youtu.be/r0_XKRA9wcM - Jeremy hunt bullies BMA. As much as Tories bullied BBC CEO to accept raw deal. 7-day NHS program realised not through investment, but renegotiating contracts with docs to work more. that is framing and positioning! changing the definition of social hours. as done with child poverty. //&! Angry doctors are just the latest victims of globalisation - bit.ly/1hVxz32 //&! Jeremy Hunt can’t win his fight with doctors – they have always held the power in the NHS - bit.ly/1ZZ4WEl
NHS  Jeremy  Hunt  austerity  fairness  morality  nasty  party  Tories  Conservative  George  Osborne  David  Cameron  general  election  2015  election  campaign  promises  manufactured  consent  bank  bailout  sovereign  debt  crisis  Generationengerechtigkeit  Positioning  GP  reframing  framing  constituency  babyboomers  demographic  bubble  ageing  population  sick  population  premature  ageing  chronic  diseases  ageing  political  theory  social  contract  Police  social  care  elderly  care  Public  Services  Services  neoliberalism  neoliberal  Westminster  Toff  Privileged  Establishment  Privatisation  outsourcing  bullying  child  poverty 
october 2015 by asterisk2a
Plastic bag charge in Scotland sees usage cut by 80% - BBC News
[ the plastic bag chage, 5p, is not enough, should be 50p and seen as penalty! thus it is the little brother of Sugar/Processed Food/junk food/fast food/and animal product taxation (extra levies) to show people every day when they show that they know this is more expensive now because this has to pay for my sick days in later life, like insurance premium for risky behavior, to fund NHS! Even seeing it as carbon tax and environmental levy because of how dirty animal products are! ]"It's now becoming second nature to shoppers to reuse their carrier bags and hopefully to think more about our impact on the environment." [...] Asda witnessing a drop of 90% and Sainsbury's 100% as it no longer offers them to shoppers. [...] The policy came into being in Scotland on 20 October last year and England introduced charging at the beginning of this month.
nanny  state  taxation  surcharge  convenience  public  awareness  public  perception  public  opinion  Policy  Makers  Group  behaviour  behavioral  economics  behavioral  finance  peer  pressure  peer  behavior  behaviour  consumer  choice  paradox  of  choice  lobbyist  lobby  Lobbying  sick  population  chronic  diseases  NHS  private  medical  insurance  insurance  premium  health  crisis  health  care  health  care  budget  public  health  health  self-regulation  regulation  regulators  revolving  door  vested  interest  interest  groups  Standard  American  Diet  Nudge  theory  Western  pattern  Whole-Food  Plant-Based  Diet  Vegan  plastic  nation  plastic  bag  Great  Pacific  Garbage  Patch  climate  change  global  warming  ecological  disaster  environmental  disaster  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  emissions 
october 2015 by asterisk2a
BBC Radio 5 live - In Short, Branson: Treating addicts with 'decency' saves them
Policy Making for Super Rich, 1%, vested interest and interest groups & Industry (capitalism) >> bit.ly/1eX3wC2 - [ First it was Big Sugar in USA that put Political pressure (will withdraw funding) on WHO to withdraw new & much low added sugar intake/nutritional guidance. Now this with the UN. Who are Policy Makers anyway? Are there any characters at these institutions? - bit.ly/1kmEDHJ & bit.ly/1GnMUoH & bit.ly/1cSYi7O & bit.ly/1MBJPy3 "Food Politics" & 1.usa.gov/1jyOCJQ ] // Richard Branson "somebody seems to have got to the UN, either a country or somebody worried about their job." The report by the UN Office of Drugs and Crime report allegedly said that there has been "millions of unnecessary arrests and that criminalising people for drugs is unnecessary and harmful." "They had basically come around to the realisation that treating people with decency is how you wean people off drugs". // UN denies Branson claim - bit.ly/1XeWLBp //&! bbc.in/1GP0EDC
UN  United  Nations  addiction  War  on  Drugs  Legalisation  decriminalisation  decriminalization  alcohol  abuse  drug  abuse  prison–industrial  complex  mandatory  minimum  sentences  substance  abuse  corruption  Politics  lobbyist  lobby  Lobbying  Policy  Makers  democracy  nanny  state  vested  interest  interest  groups  bribery  corporate  scandal  Wall  Street  shareholder  value  profit  maximisation  crony  capitalism  Career  Politicians  No  Representation  trust  distrust  trustagent  abuse  of  power  Play  character  Greed  white-collar  crime  morality  ethical  beliefs  ethics  bottom  up  USA  public  health  public  health  Big  Sugar  food  industry  capitalism  social  contract  political  theory  Super  Rich  1%  agriculture  industrial  agriculture  macroprudential  monetary  fiscal  corporate  welfare  subsidies  subsidizing  tax  evasion  tax  avoidance  corporate  state  corporate  media  Politics  manufactured  consent  Polarisation  propaganda  populism 
october 2015 by asterisk2a
Doctors, teachers, the police – public servants are demoralised | Will Hutton | Comment is free | The Guardian
To toil in the present-day NHS is thankless. [...] Whatever its merits, a workforce whose morale is already low sees it as yet more evidence that professionals’ views don’t count. Morale takes a further downward lurch. [...] Thus by 2020, the government will have imposed an unprecedented 10-year freeze in real pay across the public sector, shrunk its numbers by more than 1.5 million and offered as little upward career progression to public employees as it possibly can. A new industry of private contractors feeding off contracted-out public work will have been invented, offering even worse pay and conditions than the public sector itself. To raise taxes that might alleviate the crisis is ideologically prohibited. [...] Employees are voting with their feet. Between November 2013 and November 2014, 49,120 teachers quit – the highest rate on record. Nearly four in 10 newly qualified teachers leave after their first year. [...] [ Met warned less police officers on street ]
austerity  NHS  Public  Services  Social  Services  elderly  care  education  policy  post  code  lottery  neoliberalism  neoliberal  Privatisation  safety  net  welfare  state  Wertegesellschaft  society  Tories  nasty  party  Conservative  Toff  Privileged  Establishment  Entitlement  dogma  ideology  inequality  Gini  coefficient  mobility  income  mobility  poverty  child  poverty  poverty  trap  working  poor  Precariat  Police  fairness  Generationengerechtigkeit  tax  evasion  tax  avoidance  corporate  scandal  deprivation  Perspektivlosigkeit  corporate  welfare  Wall  Street  shareholder  value  profit  maximisation  budget  deficit  Rechtsruck  No  Representation  Career  Politicians  democracy  bank  bailout  recovery  GFC  trickle-down  economics  corporate  tax  rate  trust  community  contract  political  theory  babyboomers  Millennials  generationy  generation  rent  Polarisation  corporate  state  corporate  media  Manufacturing  service  sector  Bernie  Sanders  lobbyist  lobby  Lobbying  vested  interest  interest  groups  Jeremy  Corbyn  Labour  general  election  2020  George  Osborne 
october 2015 by asterisk2a
Prospect of TTIP already undermining EU food standards, say campaigners | Business | The Guardian
Opponents of Transatlantic Trade and Investment Partnership say EU negotiator has admitted to approving entry of banned goods [...] EU negotiators will resume controversial trade talks with the US on Monday amid claims that multinational companies have jumped the gun in advance of any agreement to import goods that are currently banned – including genetically modified crops and chemically washed beef – into European markets. A campaign group says that a report in a US journal concerning the Transatlantic Trade and Investment Partnership (TTIP) talks show that Europe is already capitulating to huge pressure from the US to allow imports of previously banned goods before an agreement is reached. [...] [ as always its about] lower trade barriers and boost growth. [ Trade Deals like TTIP & TPP are better for US economically than a military invasion. who is excluded? BRIC. Who didnt want to join AIIB? USA. But who did? UK & Germany. This is about economic & political power/reach/influence]
TTIP  lobbyist  lobby  Lobbying  food  safety  Consumer  Protection  Wall  Street  conglomerate  trade  agreement  free  trade  TPP  NAFTA  CETA  European  Union  self-regulation  regulation  deregulation  regulators  profit  maximisation  shareholder  value  shared  economic  interest  Career  Politicians  Policy  Makers  democracy  No  Representation  neoliberalism  neoliberal  vested  interest  interest  groups  BRIC  World  Bank  AIIB  exploitation  sustainability  sustainable  crony  capitalism  capitalism  tax  evasion  tax  avoidance  free  market  neoconservatism  neoconservatives  G  Zero  presidency  barackobama  corporate  scandal  thinktank  GMO  crop  GMO  Privatisation  austerity  UK  David  Cameron  NHS  Gini  coefficient  inequality  poverty  Developing  World  Frontier  Markets  national  interest  corporate  state  corporate  media  manufactured  consent  Polarisation  PR  spin  doctor  reframing  framing  propaganda  populism  Fear  job  security  squeezed  middle  class  secular  stagnation  Niall  Ferguson  Super  Rich  1%  Sozialer  Abstieg  Soziale  Marktwirtschaft  globalization  globalisation  borderless  global  trade  flat  trickle-down  economics  wage  stagnation  income  growth  wage  growth  low  income  job  creation  revolving  door 
october 2015 by asterisk2a
These 5 Facts Explain the Worrying Rise of Europe’s Far-Right | TIME
Economic instability, populist politicians and a refugee wave is changing the face of politics in Europe Another round of elections, another push from increasingly vocal nationalists. Austria’s far-right Freedom Party gave the Social Democrats a run for their money in local elections over the past weekend, but fell short of capturing Vienna’s mayoralty. What started as an oddity in European politics has quickly become a disturbing pattern. These five facts explain the rise of the radical right in Europe, its causes and its implications for the region.
Rechtsruck  Unrechtsstaat  Lügenpresse  refugee  crisis  GFC  austerity  bank  bailout  sovereign  debt  crisis  Grexit  Brexit  Brussels  European  Union  AfD  NPD  UKIP  fairness  Generationengerechtigkeit  Sozialer  Abstieg  squeezed  middle  class  hartz-iv  precarious  work  Precariat  working  poor  job  creation  Career  Politicians  No  Representation  democracy  corporate  welfare  Schuldenbremse  Fiscal  Pact  Wall  Street  crony  capitalism  tax  evasion  tax  avoidance  profit  maximisation  shareholder  value  Niedriglohnsektor  Niedriglohn  Service  Sector  Jobs  Leiharbeit  Zeitarbeit  Minijob  ALG2  liberal  economic  reform  trickle-down  economics  economic  history  neoliberalism  neoliberal  neoconservatism  neoconservatives  Surveillance-Industrial  Complex  military–industrial  inequality  Gini  coefficient  social  mobility  income  mobility  job  security  uncertainty  globalization  globalisation  symptom  political  theory  lobbyist  lobby  Lobbying  revolving  door  social  contract  reflate  reflation  constituency  credit  bubble 
october 2015 by asterisk2a
Cameron responds to Question Time tax credits complaint | Money | The Guardian
[S]he & her four children were entirely dependent on a combination of working tax credits & child benefits because her business did not make a profit. “I get £400 a week in tax credits, child maintenance from my ex-partner & child benefit. And that’s what I live on. What I make from the business goes straight back into it.” Dorrell, who accused the Tories of telling lies to her and others in a similar situation [...] The House of Commons has approved the cuts to tax credits, with only a handful of Conservatives rebelling against the measures. [...] [The] IFS & the Resolution Foundation say the welfare cuts in Osborne’s summer budget will leave some of Britain’s poorest families up to £1,300 a year out of pocket. Paul Johnson, the director of the IFS, has said it is “arithmetically impossible” for workers not to lose out from the cuts. //&! bit.ly/1jsM5AQ - The ‘work penalty’ will hit the strivers of the country & youtu.be/wrbu6NFazfU & bit.ly/1Pn59NQ & bit.ly/1h98H3X
tax  credit  tax  code  child  tax  credit  working  tax  credit  working  poor  precarious  work  Precariat  low  income  low  pay  minimum  wage  inequality  income  distribution  income  redistribution  tax  free  income  income  tax  income  inequality  Universal  Basic  budget2015  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  aggregate  demand  crony  capitalism  neoliberalism  neoliberal  corporate  tax  rate  capitalism  Wall  Street  GFC  shareholder  value  profit  maximisation  Gesellschaft  vulnerable  Disabled  austerity  democracy  Career  Politicians  No  Representation  nasty  party  Tories  Conservative  reframing  framing  PR  spin  doctor  Positioning  manufactured  consent  corporate  scandal  Polarisation  DWP  JSA  ESA  Iain  Duncan  Smith  Jeremy  Hunt  George  Osborne  David  Cameron  NHS  Public  Services  Social  Services  propaganda  corporate  media  corporate  state  populism  bedroom  tax  Right  to  Buy  messaging  message  relations  Help  to  Buy  Scheme  political  theory  neoconservatism  neoconservatives 
october 2015 by asterisk2a
Does the government hate young people? It certainly feels that way | Rhiannon Lucy Cosslett | Comment is free | The Guardian
[ u-25s not included in minimum wage, housing benefits ] We’d love to grow up, we really would. But policies on everything from student loans to housing seem designed to ensure we can never achieve adulthood [...] We have been disproportionately affected by recession and austerity. According to research published by the Resolution Foundation earlier this year, 22 to 29 year-olds saw a 12.5% fall in wages between 2009 and 2014. Working-age households suffered a 4% cut to their incomes, while pensioner households saw theirs jump by almost 10% between 2007 and 2014.
Generationengerechtigkeit  austerity  fairness  Millennials  Student  Loan  Bubble  Education  Maintenance  Allowance  Student  Maintenance  Grant  UK  nasty  party  Tories  Conservative  minimum  wage  post  code  lottery  policy  Gini  coefficient  constituency  babyboomers  sovereign  debt  crisis  Super  Cycle  political  theory  social  contract  Career  Politicians  No  Representation  budget2015  George  Osborne  David  Cameron  Iain  Duncan  Smith  inequality  social  mobility  income  mobility 
october 2015 by asterisk2a
Robots are coming for your job. That might not be bad news
The problem with automation isn’t technology. The problem is capitalism. // [ Deflationary pressure, 3bn people in developing world and frontier markets unemployed, waiting to join workforce. ] [ who buys the gadgets and widgets when half the world is unemployed ] // This time, as Martin Ford argues in Rise of The Robots, education and upscaling won’t help us. There will simply be fewer jobs to go around, as everything from accountancy to journalism will be done faster, cheaper and more efficiently by machines. The result, as Jerry Kaplan agrees in Humans Need Not Apply, is that billions will be left destitute – unless we radically rethink our way of keeping people fed.
Software  Is  Eating  The  World  Robotics  automation  Marketplace  efficiencies  commodity  business  commoditization  mobile  homescreen  capitalism  Gini  coefficient  income  distribution  Super  Rich  Commanding  Heights  1%  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  Creatives  Creative  freelancing  freelance  Universal  Basic  corporate  welfare  welfare  state  social  safety  net  tax  free  income  Zero  Hour  Contract  Contractor  job  creation  6-hour  work  day  4-day  work  week  Robert  Skidelsky  leisure  time  burnout  chronic  stress  deflationary  technological  history  technological  progress  secular  stagnation  Niall  Ferguson  crony  capitalism  exploitation  lobbyist  lobby  Lobbying  inequality  income  inequality  capital  gains  tax  capital  gains  democracy  precarious  work  Precariat  working  poor  low  income  low  pay  globalisation  globalization  flat  borderless  free  trade  trade  agreement  TTIP  TPP  TISA  squeezed  middle  class  Sozialer  Abstieg  Soziale  Marktwirtschaft  Sozialpolitik  worklife  Future  of  Workers  Union  underemployed  Thomas  Piketty  Robert  Reich  Joseph  Stiglitz  part-time  job  security  job  market  labour  economics  labour  market  Minijob  book  Policy  Makers  revolving  door  social  social  social  tax  economics  of 
october 2015 by asterisk2a
Laurie Anderson: 'Capitalism is a disaster for human relations' | Film | The Guardian
The experimental artist and director talks about her new film, The Heart of a Dog, the trouble with social media – and coming to terms with death [...] But if your brand is just you, is that uncomfortable? Extremely. It’s even worse to market your style. It’s truly sad. And everyone on Facebook has the same sort of marketing ploy selling their image. What does that do to people? It’s extremely brutalising that you’re going to be for sale. It’s one of the worst things you can possibly imagine. Go to any party and you see that: I just don’t think you’re worth talking to. Someone else has a bigger plus sign over their heads. Capitalism is an absolute disaster for human relations. // social isolation, deprivation, Perspektivlosigkeit, Free Will, Dopamine, mobile homescreen, social alienation,
crony  capitalism  corporate  scandal  bank  bailout  fairness  austerity  capitalism  Wall  Street  shareholder  value  profit  maximisation  Generationengerechtigkeit  Social  Media  status  anxiety  Selbstdarstellung  Selbstfürsorge  babyboomers  inequality  Gini  coefficient  lobbyist  lobby  Lobbying  Greed  income  inequality  mobility  income  mobility  American  Dream  trust  Career  Politicians  No  Representation  contract  cohesion  tension  Polarisation  propaganda  corporate  corporate  state  corporate  welfare  subsidies  subsidizing  populism  trickle-down  economics  PR  spin  doctor  framing  reframing  manufactured  consent  democracy  political  theory  Facebook  Instagram  Celebrity  of  You  Twitter  mental  health  mental  illness  Depression  burnout  chronic  stress  society  gossip  culture  culture  well  being  happiness  status  symbol  socioeconomic  status  status  Sozialer  Abstieg  Existenzangst  squeezed  middle  class  neoliberalism  neoliberal  job  security  Precariat  poverty  trap  poverty  food  poverty  child  poverty  Niall  Ferguson  secular  stagnation  western  world  western  society  zombie  consumer  consumerism  consumerist  materialism  identification  identity  isolation  deprivation  Perspektivlosigkeit  Free  Will  Dopamine 
october 2015 by asterisk2a
Profit mean reversion and recession | Credit Writedowns
We are now in the seventh year of a cyclical recovery and bull market. Shares have tripled in that time frame. I would say this means we are much closer to the end of the business cycle than the beginning. Moreover, as Jeremy Grantham is quoted in the Business Insider piece, profits are mean-reverting and right now they are reverting from a phase that is “wildly optimistic” according to Warren Buffett. All of this is taking place against the backdrop of an economy in which wage growth is weak, household debt is still relatively high on a historic basis as a percentage of income and we have no policy room on the monetary side, with limited political appetite for policy on the fiscal side. To me, the pre-conditions for this profits recession speak to downside risk, ....
recovery  business  cycle  financial  cycle  private  debt  household  debt  consumer  debt  Student  Loan  Bubble  car  credit  card  debt  deleveraging  Richard  Koo  debtoverhang  austerity  fiscal  policy  economic  history  monetary  policy  job  creation  Service  Sector  Jobs  western  world  secular  stagnation  Niall  Ferguson  wage  stagnation  wage  growth  income  distribution  Gini  coefficient  inequality  trickle-down  economics  neoliberalism  neoliberal  Wall  Street  bank  bailout  budget  deficit  UK  USA  Schuldenbremse  Pact  sovereign  debt  crisis  Positioning  mainstreet.org  Germany  disposable  income  discretionary  spending  income  growth  low  income  crony  capitalism  reflate  reflation  Career  Politicians  constituency  fairness  Generationengerechtigkeit  Niedriglohnsektor  lobbyist  lobby  Lobbying  corporate  welfare  tax  evasion  tax  avoidance  income  inequality  social  mobility  social  contract  political  theory  income  mobility  Standard  American  Diet  equity  credit  ZIRP  NIRP  QE  BRIC  BOE  Fed  Fed  mandate  BOJ  PBOC  distortion  2015  ECB  Super  debt  servitude  zombie  consumer  zombie  banks  zombie  corporations  junk  bond  Taper  QT  irrational  exuberance  asset  allocation  capital  allocation  speculative  bubbles  commodity  prices  Oil  price  inflation  expe 
october 2015 by asterisk2a
Matthew Hancock ripped apart on Tax Credits, welfare, etc. (05Oct15) - YouTube
- still worse off. [...] "we gotta make the savings." << morality - taking from the poor and letting tax evasion and avoidance go on. and other corporate welfare policies, that don't pay their taxes in the end.
child  tax  credit  working  tax  credit  tax  credit  budget2015  George  Osborne  David  Cameron  Tories  austerity  fairness  Generationengerechtigkeit  Conservative  Party  neoliberalism  neoliberal  minimum  wage  living  wage  Labour  Party  general  election  2015  election  campaign  promises  constituency  working  poor  poverty  trap  child  poverty  precarious  work  low  income  Precariat  PR  reframing  framing  spin  doctor  welfare  state  social  safety  net  DWP  Iain  Duncan  Smith  NHS  Jeremy  Hunt  fiscal  policy  bank  bailout  justice  injustice  morality  Career  Politicians  No  Representation  tax  free  income  part-time  Zero  Hour  Contract  Contractor  social  political  theory  income  distribution  Super  Rich  1%  tax  evasion  tax  avoidance  inequality  Gini  coefficient  food  poverty  poverty  social  mobility  income  mobility  Education  Maintenance  Allowance  Student  Maintenance  Grant  Student  Loan  Bubble  disposable  income  discretionary  spending  wage  stagnation  wage  growth  income  growth  productivity  output  gap  recovery  reflate  reflation  monetary  policy  subsidies  subsidizing  democracy 
october 2015 by asterisk2a
Ben Bernanke urges punishment of individual bankers - BBC News
>> Privatisation where and when it is needed. No, only if it suits their ideology and agenda. // regulatory failure. - youtu.be/Yx1P5Wz2iX4 - Ben Bernanke, John Mack Reflect on 2008 Financial Crisis >> NINJA Loan, homeownership, subprime, ... //&! Ben Bernanke on Lehman Crisis: "We Agreed to Be Vague" (Oct. 6, 2015) | Charlie Rose - youtu.be/EYGbtxzIkvw - 'lehman brothers was a sink hole. money put in from gov in a saving attempt would have resulted in being pulled out by its counterparties and creditors. and had not enough collateral and assets.'
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october 2015 by asterisk2a
Scientists Under Attack - Trailer - YouTube
Can we still trust our scientists? This timely documentary explores how the heavy hand of the agriculture industry is steering ‘science’ towards its own interests, eliminating legitimate research and silencing any critical opinions. Taking a close look at genetic engineering and the powerful vested interests that dominate its research, ‘Scientists Under Attack’ reveals the frightening reality of modern science, as objective investigation is corrupted by corporate money. // Animals are Fed GM crop. Food Industry does not need to disclose this.
agriculture  industry  agriculture  policy  industrial  agriculture  mono  agriculture  agriculture  GMO  GMO  crop  science  transgenic  Monsanto  Protection  Act  Monsanto  herbicide  fungicide  pesticide  Consumer  Protection  Wall  Street  shareholder  value  profit  maximisation  lobbyist  lobby  choice  Lobbying  democracy  Career  Politicians  No  Representation  social  contract  political  theory  Food  Chain  Livestock  farming  industry  Dairy  Meat  Poultry  Egg  Milk  revolving  door  medical  profession  corruption  bribery  conflict  of  interest  ethics  morality  ethical  machine  ecological  disaster  environmental  disaster  economic  damage  climate  change  Carnism  omnivore  security  prices  Whole-Food  Plant-Based  Diet  Vegan  carbonfootprint  climate  crisis  extreme  weather  weather  extreme  global  warming  corporate  scandal 
october 2015 by asterisk2a
Did David Cameron’s conference speech manage to capture the centre ground? | Politics | The Guardian
The prime minister stood up before his party in Manchester – and then studiously ignored heartland Tory topics. He dwelled instead on social justice, poverty and prison reform. It was an audacious attempt to reset British politics, move to the centre and consolidate his party’s grip on power. Will his move succeed, and how it might reshape the political landscape?
David  Cameron  Politics  political  theory  general  election  2015  general  election  2020  George  Osborne  social  contract  Career  Politicians  No  Representation  Labour  Party  austerity  PR  spin  doctor  manufactured  consent  Polarisation  populism  fearmongering  propaganda  corporate  state  corporate  media  trickle-down  economics  neoliberalism  neoliberal  neoconservatism  neoconservatives  marketing  advertisement  targeting  Toff  Privileged  Establishment  constituency 
october 2015 by asterisk2a
How The Socialist Surge is Growing - YouTube
via Robert Reich on.fb.me/1Pn6XFK - According to a New York Times investigation reported this morning, just 358 families and the businesses they control have contributed over half the money to the 2016 presidential election so far – mostly to Republicans who have pledged to pare regulations; cut taxes on income, capital gains and inheritances; and shrink Social Security and Medicare. On the other hand, two-thirds of Americans support higher taxes on those earning $1 million or more a year, according to a June New York Times/CBS News poll, and six in 10 favor more government intervention to reduce the gap between the rich and the poor. And according to the Pew Research Center, nearly seven in 10 favor preserving Social Security and Medicare benefits as they are. To an extent we haven’t seen since the Gilded Age of the 1890s, the upcoming election is between a tiny group of super-rich and the rest of us. We must do everything possible to reclaim our democracy.
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october 2015 by asterisk2a
Freedom of information commission not very free with its information | Politics | The Guardian
Source reveals cross-party commission is mulling charging for FoI requests after bizarre parliamentary briefing that members insisted must be off the record
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october 2015 by asterisk2a
So you hate the Tories – but what comes next? | John Harris | Comment is free | The Guardian
Tory conference: Cameron's 'assault on poverty' pledge belied by new figures. [...] planned welfare cuts would lead to 200,000 more working households in poverty by 2020. bit.ly/1Nop8vl - The thinktank’s analysis also indicates that the number of all households – both in and out of work – that will be in poverty at the end of the parliament is projected to rise by 700,000 to nearly 4 million. The report will pile further pressure on ministers to rethink how they protect the working poor, following the introduction of controversial plans to cut tax credits in the first budget immediately after the election. //&! bit.ly/1VIjIQ0 - Podcast &! Tories hollowness in their tax credit cut & talking abt social mobility @ their conference (audacity [spin&PR& repeating the message over & over they want to get across] to speak abt poverty @ their conference) - bit.ly/1WQaheJ - masking their rightwing neoliberal policy pitching it as centre - bit.ly/1jeVqfG &! bit.ly/1LsHNPO redefine center
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october 2015 by asterisk2a
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