The Curse of Financial Entrepreneurship (tags)
We are not prisoners of bad decisions made in the past. We can and should rein in Wall Street, break up its five giant “too-big-to-fail” banks, support local and state banks, resurrect the Glass-Steagall Act’s divide between investment & commercial banking, tax all financial transactions
Promoting Sustainable Economics (tags)
The protagonists of neoliberal globalization seek to fight the devastations – for which they bear responsibility – by the same means that cause the devastations. Now is the time to seize the opportunity and build up economic policy pressure to enforce the development of an economic order that is sustainably oriented...
The Virtues of a 28-hour Week: Work less, pollute less (tags)
The number of workers is growing faster than the amount of work available. We live in a society where work is poorly distributed. Three days off for every four days worked could be liberating. The goal would be increased well-being, gaining time and losing a kind of consumption not really synonymous with pleasure.
Reduced working hours as a socio-economic investment (tags)
In this Austrian article, reduced working hours is seen as a socio-economic investment, not as a cost-trap. In a 1909 study by Sidney Chapman, shorter working hours leads to higher productivity and greater output. More time sovereignty and better health of workers would be long-term gains.
Working hours: A four-day week (tags)
Reducing working hours is a socio-economic investment that often brings better long-term health and more time sovereignty. A three-day or four-day workweek is the only way to ensure meaningful work to the rising generation. Public employment is necessary to supplement private.
Working Digitally in Just Economies (tags)
Reducing working hours is an attractive scenario, an optimistic picture of a possible future of society. Less than 2% of German workers labor in agriculture, down from 40% in the 19th century. The future of work is person-related work. The state must intervene with subsidies.
Reduced Working Hours as a Socio-Economic Investment (tags)
In these Austrian articles, reduced working hours is seen as a socio-economic investment, not as a cost-trap. In a 1909 study by Sidney Chapman, shorter working hours leads to higher productivity and greater output. More time sovereignty and better health of workers would be long-term gains
From Financial Crisis to Stagnation: An Interview with Thomas Palley (tags)
"The way economies are organized and function is significantly the product of social choices, not the product of nature. Over the past thirty years we (society) have embraced a set of economic ideas..."
Neoliberalism was the Godfather of the Financial Industry (tags)
Keynesianism was replaced by neoliberalism that guided the fallow investment capital into speculation.The development of social systems and the rise of real wages contributed to social peace and stabilizing the economic upswing by strengthening mass consumption.
Productivity is For Chumps: Don't Take a Piss Without Getting Paid (tags)
If you remember just one thing this Labor Day it should be this: Don't take a piss without getting paid for it. Larry Ellison gets paid for every dribble, every excretion, why should you be any different?
On the Failure of the Mainstream Economy (tags)
The neoliberal mainstream economy and its political backers experienced their Waterloo with the most serious financial and economic crisis in eight decades. States bailed out banks and banks made money by lending back to states. A policy of reduced working hours is necessary.
A 25-Hour Week Would Be Enough (tags)
Prestigious businesses urge their workers to work less. In principle, rising productivity is full of blessings. It made possible reducing working hours since the Second World War. In crisis, the music stops playing. This crisis could be a chance to reform our working hoiurs model.
On the Financial Crisis in the 20:80 Society (tags)
The question is how we deal with the 20:80 society, not whether the 20:80 society is coming because the development is irreversible. In the long-term, work will disappear.. Jobless growth has become the normal condition.The end of work can be a great leap for humanity.
Spreading the Wealth: A Review of Unjust Deserts (tags)
The foremost ethical question is, given that we owe most of our productivity to a common social inheritance, to what extent can we say that we have "earned" our personal wealth? There is a growing consensus in favor of a new robust public compact to regulate our shared conditions.
International WS:Back to paste the increase of productivity to increase in wages (tags)
Back to paste the increase of productivity to increase in wages. It is mandatory global cooperation so that the crisis is overcome. Need to overcoming politicaly and intellectualy neo-liberalism. Emphasize the value of work. Neo Progressive Keynesiasm
Klaus Offe, a left thinker, once proposed Offe's paradox, the idea that"while capitalism cannot coexist with, neither can it exist without the welfare state." Canada has done better than some countries in protecting social welfare. The welfare state is not dead; what is dead is econ security.
Working Without Coercion (tags)
Basic income is not a plant-closing bonus. Labor productivity will continue growing if the tax burden on the factor labor is reduced. The belief that full employment could return through economic growth is wishful thinking. Ecologically it could prove a horror.
Workers Know All About Capital Accumulation, Don't We? (tags)
It is within the pages of the main Bourgeois journals that we find the strongest confirmation of Marx's economic writings.
The case against competition.
Unions and the Growth Mania (tags)
The more productivity advances, the less labor is needed to realize a certain growth rate.. A de-acceleration can reduce the increase of labor productivity and lead to more employment.. A strategy beyond growth should be developed.
Pension schemes and the labor market are in an irreconcilable opposition. This schizoid argumentation has long sunk into mass con-sciousness..A society with the highest productivity of world history chains seniors to production longer than in the Middle Ages.
Since unemployment has reached an unparalleled dimension under the combination of increased productivity, global wage dumping, weakened unions and non-existent system competition, I prefer a radical redistribution of work and income.
Fa;se Hopes: The Debate about Growth (tags)
"Developed industrial countries do not need global economic growth but a better distribution of economic success.. The dependence of tax revenues and social spending on economic growth is a homemade fairytale.."
Poems for Another World (tags)
The world, nature, women and the impoverished South cry for an alternative where workers are more than cost factors, where all persons share in the social wealth and where profit is no longer worshiped.
Message to Congress: Extend jobless benefits (tags)
WASHINGTON – The New Year was a time of revelry for the corporate rich as government reports confirmed a surge in profits and productivity in the final quarter of 2003. George W. Bush trumpeted the news as proof that his trillions in tax cuts for the wealthy has pulled the nation out of recession.
Interesting article from the Asia Times. A different perspective than the usual propaganda from our Wall Street-controlled media.
USDA Announces WTO-Level Ministerial Conference for Sacramento (tags)
VENEMAN ANNOUNCES AGRICULTURAL SCIENCE AND TECHNOLOGY MINISTERIAL CONFERENCE