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(9098) Did the Sokal affair "destroy postmodernism"? - YouTube
"society of the spectacle" - The Society of the Spectacle is a 1967 work of philosophy and Marxist critical theory by Guy Debord, in which the author develops and presents the concept of the Spectacle. The book is considered a seminal text for the Situationist movement. // Mass media and commodity fetishism - Comparison between religion and marketing https://en.wikipedia.org/wiki/The_Society_of_the_Spectacle --- In his analysis of the spectacular society, Debord notes that the quality of life is impoverished,[6] with such a lack of authenticity that human perceptions are affected, and an attendant degradation of knowledge, which in turn hinders critical thought.[7] Debord analyzes the use of knowledge to assuage reality: the spectacle obfuscates the past, imploding it with the future into an undifferentiated mass, a type of never-ending present; in this way the spectacle prevents individuals from realizing that the society of spectacle is only a moment in history, one that can be overturned through revolution.[8][9] << see by Byung-chul han - Psycho politics and the tired exhausted depressed worker who can't imagine getting up for a revolution. thus votes brexit and trump. where am I getting my pizza if we have a revolution?
Sociology  Philosophy  DonaldTrump  Donald  Trump  Brexit  book  Social  Media  Consumerism  Capitalism  Status  Anxiety  Individualism  Marx  Socialism  equality  poverty  trap  working  poor  rat  race 
4 weeks ago by asterisk2a
(6067) Jennifer Lawrence Defends Nude Scene - YouTube
Jennifer Lawrence // ... but. See also her "but" rebuttal to the 'gorgeous versace dress' in london screening for said film in freezing temps w her male actors in wool coats. oh and "but" I've got to go inside anyways. 'I was not going to die from hypothermia.' // https://www.facebook.com/JenniferLawrence/posts/10155066698041793 &! https://www.theguardian.com/film/2018/feb/21/jennifer-lawrence-dress-response-red-sparrow-photos
#MeToo  Feminism  feminist  sexism  Sexismus  gender-based  discrimination  Capitalism  Materialism  Consumerism  Status  Anxiety  Identity  Hollywood  Individualism 
february 2018 by asterisk2a
(4387) How the opioid crisis decimated the American workforce - YouTube
direct link between out of work (injury) and opioid addiction and dropping out of workforce. // &! https://www.youtube.com/watch?v=iKXWelf-ZvA - Neuroscientist Dr. Carl Hart: People Are Dying in Opioid Crisis Because of Politicians’ Ignorance - needle exchange and free drug purity checks is a step to reducing overdose deaths and first foot in door for rehab (liberal) //&! https://www.youtube.com/watch?v=nNj89ohoYQ0 - American Epidemic: The Nation's Struggle With Opioid Addiction WSJ &! https://www.youtube.com/watch?v=jfe8pol6OG4 - The Opioid Effect: An Ohio Family Rebuilds After Addiction VICE //&! AMERICA ADDICTED - https://www.youtube.com/watch?v=w67IDMY2tn8 - A community overwhelmed by opioids &! https://www.youtube.com/watch?v=EGITecuBEHQ - Who Profits from the Opioid Crisis? Meet the Secretive Sackler Family Making Billions from OxyContin - watering down regulation and oversight. &! https://www.youtube.com/watch?v=KPk6VinYG-k - How Big Pharma & Cartels Got America Addicted to Heroin with Jason Smith &! https://www.youtube.com/watch?v=EnviuDOvhlg - US Addiction Epidemic Fuelled By Pharma Corporations (2015) "pill mill" &! https://www.youtube.com/watch?v=rmJEY1CTgKg - Why Portsmouth, Ohio Became The Epicentre of America's Opioid Crisis &! https://www.youtube.com/watch?v=Lof9_iPAWAY - Opioid Crisis in Maine &! https://www.youtube.com/watch?v=mQtCTxO2hTM - Narcan On The Rise &! https://www.youtube.com/watch?v=tNWU6XSjb-c - Heroin's Children: Inside the US opioid crisis - Fault Lines
addiction  coping  chronic  stress  abuse  opioid  dopamine  crisis  epidemic  narcotics  war  on  drugs  USA  painkillers  economic  damage  workforce  Precariat  working  poor  structural  unemployment  food  S.A.D.  western  diet  lifestyle  insecurity  trap  poverty  inequality  American  Dream  secular  stagnation  wage  income  growth  Productivity  output  gap  GFC  history  Super  Rich  1%  trickle-down  Sociology  socioeconomic  Society  Gesellschaft  Xanax  fentanyl  alcohol  heroin  overdose  Consumerism  mental  health  well-being  wellbeing  Capitalism  Consumer  Selbstdarstellung  consumption  Austerity  welfare  state  neoliberalism  OxyContin  lobby  pharma  pharmaceutical  BigPharma  revolving  door  vested  interest  Regulation  regulators  self-regulation  substance 
november 2017 by asterisk2a
BBC Radio 4 - Radio 4 in Four, How your mood affects what you spend
cosmetic counter and primark - treat on fr sat sun - A study out today by price comparison website Moneysupermarket.com says stressed, bored or sad people are more likely to make impulse purchases they later regret. The study reckons so-called 'stress buying' is costing us around £1,250 a year. Winifred Robinson talks to Siemon Scamell-Katz and Claudia Hammond.

"emotional spending" on way home or over weekend.
Consumerism  Advertising  coping  mechanism  self-medication  chronic  stress  dopamine  Materialism  Consumer  Capitalism  mental  health  well  being  wellbeing  well-being  debt  credit  card  Anarchism  Facebook  Instagram  Amazon  gratification  emotions  addiction  maladaptive  neuroscience  pleasure 
october 2017 by asterisk2a
Russell Brand: Society is collapsing - BBC News
"Society is collapsing," the comedian tells the BBC, "and people are starting to recognise that the reason they feel like they're mentally ill is that they're living in a system that's not designed to suit the human spirit.
Anarchism  Russell  Brand  mental  health  self-medication  coping  mechanism  maladaptive  chronic  stress  loneliness  social  isolation  Facebook  Selbstdarstellung  Selbstwertgefühl  addiction  book  neoliberal  capitalism  Exploitation  Consumer  Consumerism  consumption  Precariat  Generation  Rent  working  poor  poverty  trap  Materialism  inequality  mobility  income  meritocracy  meritocratic  Competition 
october 2017 by asterisk2a
In our focus on the digital, have we lost our sense of what being human means? | Genevieve Bell | Opinion | The Guardian
MAKE OUR OWN FUTURE - And of course, there are bigger questions about the role of technology more broadly. In making the machines smarter, we have sacrificed a little something of ourselves – we run the risk of being reduced to data and the decisions it drives. I believe we are more than data, more than just intelligence. I worry that, in our current focus on the digital, we have lost some of our agency and some of our sense of what being human might mean. But I don’t believe this is inevitable or irreversible.
Anarchism  humanity  social  media  Facebook  Data  Big  currency  AI  artificial  intelligence  augmented  Utopia  neoliberalism  democracy  Silicon  Valley  UBI  Universal  Basic  Income  Consumerism  Consumer  Materialism  Capitalism  consumption  Gesellschaft  Wertegesellschaft  Society  Soziologie  Psychology  Transhumanism  algorithm  inequality 
october 2017 by asterisk2a
Minimalist: Ein Leben ohne Geld und Besitz - SPIEGEL ONLINE
Doch nach zweieinhalb Jahren beendet Tobi das Projekt "Geldfrei". Nicht weil er will, sondern weil er muss: Das System treibt ihn. Er ist mittlerweile 25 Jahre alt, damit endet seine kostenlose Krankenversicherung über die Eltern. Sein schönes, utopisches Konzept stößt erst mal an Grenzen.
Anarchism  Anarchismus  Materialism  Consumerism  Capitalism 
october 2017 by asterisk2a
(4002) Russell Brand​ in conversation with Dr. Drew​ Pinsky at Live Talks Los Angeles - YouTube
turned from citizen into addicted selfish schnell denkende (Daniel Kahneman) consumers (superficial, enslaved, became addicted, enabling reinforcing class structure, subconscious influenced propaganda style (Adam Curtis) - trapped, fetishised, buying self-worth). -VS- service (and care) to yourself and others (permanent, sustainable, conscious).
addiction  self-medication  book  Consumer  Consumerism  Capitalism  corporatism  Exploitation  Happiness  coping  mechanism  Facebook  Newsfeed  Instagram  Selbstdarstellung  Alain  De  Botton  dopamine  sustainability  sustainable  Psychology  Sociology  Society  Wertegesellschaft  Gesellschaft  Zivilcourage  Zivilgesellschaft  Austerity  poverty  trap  neuroscience  Amazon  Netflix  Apple  Google  gratification  Religion  Culture  mental  health  Depression  abuse  selfish  self-awareness  self-regulation  Superficial  waste  neoliberalism  well-being  self-worth  selfworth  self  worth 
october 2017 by asterisk2a
Wellbeing enhanced more by places than objects, study finds | Life and style | The Guardian
The poet WHAuden is credited with first coining the word “topophilia” to describe a strong emotional pull to a special place.

Now scientific research, using cutting-edge brain imaging, suggests Auden was on to something. According to a study commissioned by the National Trust, people experience intense feelings of wellbeing, contentment and belonging from places that evoke positive memories far more than treasured objects such as photographs or wedding rings. // siehe menschen die umgeben sind vom baeume sind gluecklicher und gesuender
Consumer  Consumerism  Happiness  Capitalism  Vacation  experience  health  wellbeing  Depression  Selbstdarstellung  Social  Media  Facebook  Instagram  poverty  trap  travel  Generationy  Millennials  lifehacker  lifehacks  Minimalismus  minimalism  Frugal 
october 2017 by asterisk2a
Catalonia: Spain issues deadline to separatists - BBC News
who blinks first. high noon pistol fight. &! http://www.bbc.co.uk/news/world-europe-41582469 - Catalonia: Spain takes step towards direct rule //&! alt view to 'counter revolution' movement left populist outward looking welcoming immigrants welcome nationalism: http://www.spiegel.de/wirtschaft/soziales/katalonien-brexit-trump-geistige-kleinstaaterei-a-1171814.html https://twitter.com/henrikmllr/status/917289882061598726 - neonationalism (global village no accountability) neoliberal kapitalism teilte die leute auf gegen sich auf. nicht vereint. siehe fb there is no global village connection to all (fb zuck dream PR talk), alles kleine identitaeten und grueppchen. isoliert. eigener blase. schaun nicht ausm fenster, wie mittlerweile in der realitaet. wer kennt schon alles seine nachbarn im etagen house wie sein bruder oder schwester? Scotland and Catalonia indy are majority led by left socialist populous. Brexit is led by far-right conservative neoliberalism on steroids populous.
Catalonia  Spain  Gesellschaft  Society  neoliberalism  Capitalism  Individualism  Consumerism  Consumer  Selbstdarstellung  Facebook  Twitter  mental  health  globalisation  bank  bailout  double  standard  indyref  indyref2  Scotland  Brexit  immigration  Identity  Culture  Politics  LGBT  far-right  right-wing  alt-right  DonaldTrump  Donald  Trump  left-wing  Jeremy  Corbyn  SPD  btw17  GE2017  workers  union  rights  trade  Community  segregation  GFC  Austerity  vulnerable  working  poor  Precariat  No  Representation  poverty  trap  Deprivation  income  inequality  Super  Rich  1%  Oligarchy  revolving  door  Corruption  social  mobility  redistribution  welfare  state  Privatisation  profit  maximisation  ZIRP  NIRP  QE  IMF  democracy 
october 2017 by asterisk2a
Mental health: 10 charts on the scale of the problem - BBC News
Over 10 years NHS prescriped 100% more anti-depressants. Medicalised Society. Parked indefinetly on management medication no healing. Left behind. // But so too is the fact prescribing patterns have changed. Doctors are much more likely to keep people on drugs for longer with evidence suggesting it is a more effective way of treating patients.
But as common as antidepressants are, the fact remains the majority of people with mental illness report they are not getting help.
Only one in three of those polled said they were receiving treatment, according to NHS Digital.
NHS  Society  Gesellschaft  mental  health  big  pharma  GP  care  demand  Austerity  CEP  STP  rationing  waiting  times  treatment  delay  self-medication  coping  mechanism  chronic  stress  working  poor  Precariat  poverty  trap  Deprivation  Depression  public  economic  damage  prevention  Social  Media  Facebook  Instagram  well  being  welfare  DWP  JSA  ESA  Selbstdarstellung  Consumer  unhappy  Consumerism  consumerist  Capitalism  Exploitation  Scotland  England  Jeremy  Hunt  CCG  Simon  Stevens  accountability  Theresa  May  unemployment  prejudice  stigma  Disabled 
october 2017 by asterisk2a
Brooks and Klein on Tom Price’s plane scandal, Trump taking aim at the NFL - YouTube
Culture and Identity Politics again Tribalism, Patritotism, Nationalism, Militarism, // see how neoliberal capitalism has destroyed fabric of society w individualism consumerism identity - Alain De Botton and Adam Curtis. When you can't consumer, and do culture, and only have tv as (and fb newsfeed) as window to the world to see the world experience the world - you dont take part in society - Kulturteilhabe. dann willst du AfD Brexit Trump. them v us. // nfl is epitome of culture war identity politics and post-racial america - resistance!
Culture  Identity  Politics  DonaldTrump  Donald  Trump  Brexit  AfD  history  post-racial  America  Religion  Liberalism  Liberal  LGBT  Society  Gesellschaft  Capitalism  Consumer  Consumerism  consumerist  Selbstdarstellung  Kulturteilhabe  Facebook  Newsfeed  TV  MSM  poverty  trap  squeezed  middle  class  Precariat  debt  credit  card  chronic  stress  self-medication  book  war  refugee  migration  immigration  social  income  mobility  secular  stagnation  growth  disposable  discretionary  spending  GFC  bank  bailout  double  standard  tax  evasion  avoidance  Career  Politicians  status  quo  neoliberal  neoliberalism  Konsum  accountability 
september 2017 by asterisk2a
End austerity – and kickstart Martin Luther King’s revolution of values | Richard Kozul-Wright | Opinion | The Guardian
Hyperglobalisation has concentrated massive wealth in a few hands, boosting the cult of materialism that the great civil rights campaigner warned us about // Byung-Chul Han // The real threat now is to the underlying trust, cohesion and sense of fairness that markets depend upon in order to function effectively. Against this, insisting that “there is no alternative” is yesterday’s political slogan. People everywhere desire much the same thing: a decent job, a secure home, a safe environment, a better future for their children and a government that listens and responds to their concerns. They want a different deal from that offered by hyperglobalisation. Prosperity for all cannot be delivered by austerity-minded politicians, rent-seeking corporations and speculative bankers. What is urgently needed now is a global new deal. Three elements – recovery, regulation and redistribution – remain at the heart of any such deal. Book Richard Kozul-Wright is director of the globalisation and development strategies division in the United Nations Conference on Trade and Development. Its annual report, Beyond Austerity: Towards a Global New Deal, is published today
MLK  Martin  Luther  King  materialism  Consumer  Consumerism  consumerist  Selbstdarstellung  Social  Media  Facebook  Instagram  Snapchat  YouTube  Celebrity  Kim  Kardashian  Capitalism  globalisation  globalization  neoliberal  neoliberalism  Society  Gesellschaft  Zivilgesellschaft  Anarchism  Chomsky  Sociology  Philosophy  Soziologie  mental  health  Depression  anhedonia  dysthymia  self-medication  chronic  sick  population  Community  Austerity  GFC  bank  bailout  working  poor  poverty  trap  Precariat  Deprivation  Values  TINA  Alternativlos  Trust  TBTF  tax  evasion  avoidance  history  Economics  book  Foreign  Aid  double  standard 
september 2017 by asterisk2a
Neoliberalism has conned us into fighting climate change as individuals | Martin Lukacs | Environment | The Guardian
Neoliberalism has taken this internalized self-blame and turbocharged it. It tells you that you should not merely feel guilt and shame if you can’t secure a good job, are deep in debt, and are too stressed or overworked for time with friends. You are now also responsible for bearing the burden of potential ecological collapse.
neoliberal  neoliberalism  society  sociology  psychology  group  individual  individualism  status  anxiety  consumer  consumerism  consumerist  collective  action  identity  capitalism  climate  change  global  warming  globalwarming  climatechange  carbonemission  carbonfootprint  fatalism  Cowspiracy 
july 2017 by asterisk2a
Plugging in through clothing: How children’s clothes influence perception and affective practices in day careThe Sociological Review - Elina Paju, 2017
Through the analysis of everyday practices of wearing clothing, clothes are seen as connectors. They enhance, diminish or expand possibilities for perception, action and affective practices in which children engage, thereby altering the children’s ways of being. The article proposes that the wearing of clothing plays a role in constituting selfhood outside of mere representations.
poverty  well  being  mental  health  childhood  social  mobility  inequality  sociology  psychology  prejudice  stigma  consumerism  Consumer  consumerist  status  anxiety  advertisement  Advertising  Identity  communication  Depression  chronic  stress  cortisol 
july 2017 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
First fall in consumer spending for almost 4 years
Consumer spending has fallen on an annual basis for the first time in almost four years [...] Adjusting for inflation, real consumer spending by British consumers on Visa debit, credit and prepaid cards in May was 0.8 per cent lower than in the same month last year. Visa said that seasonally adjusted spending was 1.8 per cent lower in May compared to April. The figures are unofficial, but suggest that sluggish economic growth continued in the second quarter, after a first quarter in which the UK grew at the slowest rate in the G7. [...] household consumption, which accounts for more than 60 per cent of the economy. [ 80 Services and Consumption 20 manufacturing ] /&! http://www.telegraph.co.uk/business/2017/06/11/new-economic-woes-put-theresa-may-fresh-pressure/ - The crucial services sector stands on the brink of a contraction
UK  Brexit  GE2017  Consumer  Confidence  creditcard  credit  card  discretionary  spending  disposable  income  inflation  living  standard  wage  growth  recession  Economy  2017  secular  stagnation  deflation  deflationary  BOE  ZIRP  QE  NIRP  Austerity  Services  materialism  Shopping  Consumerism  consumerist  household  debt  mortgage  Manufacturing 
june 2017 by asterisk2a
Positive Psychologie - Warum Wohlbefinden wichtig für Leistung ist
Für die Definition von Leistung spielt Wohlbefinden bisher kaum eine Rolle. Die Psychologin Michaela Brohm-Badry plädiert für ein Umdenken: Nur wenn das Wohlbefinden des Menschen berücksichtigt würde, könnten Menschen ihr volles Potenzial entfalten. // wer depressed muede erschoepft und ohne alternative ist - gezwungen zu horchen - weil er am ende kein 100£ aufm konto hat - kann keine revolution anfangen oder an der revolution mitmachen. Byung-Chul Han - In Fatigue Society (original German title: Die Müdigkeitsgesellschaft)
Happiness  index  Gini  Coefficient  social  income  mobility  poverty  trap  working  poor  productivity  output  gap  sick  days  mental  health  well  being  UBI  Universal  Basic  Existenzangst  Hartz-IV  JSA  sanctions  Sanktionen  DWP  underemployed  zero  hour  contract  Leiharbeit  Zeitarbeit  leisure  time  Skidelsky  enlightenment  post-enlightenment  Facebook  Instagram  Media  burnout  FOMO  YOLO  YouTube  Selbstdarstellung  Selbstfürsorge  deprivation  attainment  education  policy  Selbstentfaltung  Food  Bank  FoodBank  living  standard  Consumerism  Consumer  Materialism  Materialismus  Kapitalismus  capitalism  neoliberal  neoliberalism  Philosophy  Sociology  Alain  de  Botton  exploitation  Precariat  democracy  no  Representation  book  Müdigkeitsgesellschaft  GE2017  Jeremy  Corbyn  Bernie  Sanders  Revolution 
june 2017 by asterisk2a
Britain’s economy is broken. We desperately need new ideas | Tom Kibasi | Opinion | The Guardian
If the country was economically bankrupt in 2010, it is intellectually bankrupt in 2017. On the eve of the general election, politicians of all parties have rarely been so devoid of progressive ideas [...] Yet in substance, May’s approach remains mere tinkering at the edges of economic policy. The Conservatives remain stubbornly allergic to – or ignorant of – Keynesian macroeconomics. [...] [and housing and real estate lending distorting the lending picture. houses are not productive! R&D, and firms are. and creating long-term jobs w real incomes to spend (not remortgaging your home bc of housing bubble]
Brexit  GE2017  London  Housing  Bubble  piggybank  Forex  British  Pound  recovery  GFC  Manufacturing  Services  Consumerism  Zombie  Austerity  underinvestment  confidence  fairy  Productivity  output  gap  QE  ZIRP  NIRP  banking  investment  distortion  lending  property  UK  Living  Standard  wage  income  growth  inflation  £ 
june 2017 by asterisk2a
(297) Wer glücklich ist kauft nicht - Vortrag Prof. Hüther - YouTube
Denkmuster. Schwer heraus zu brechen! Kein kind komt als konsumer zur welt. Nacheifern wer erflogreich erscheint. Grunderfahrung Wachstum. Neugier. Dopamine. Entdecken und Gestalten und Frei sein. Plus Bindungssystem. Aber Welterfahrung ist anders als im Bauch der Mutter. Beziehungsschmerzen gibt es! Begeisterung, und emotionen helfen beim lernen! Frei und Autonom ungleisch die Schule. Wem es gut geht kauft kein schrott den er nicht braucht um andere menschen zu beindrucken die er nicht mag oder kennt.
Alain  de  Botton  Status  Anxiety  Consumerism  Materialism  Consumer  Selbstdarstellung  Capitalism  Identity  Psychology  Philosophy  neuroscience  Individualismus  Gesellschaft  Society  Sociology  mobile  homescreen  dependence  wage  slavery  Universal  Basic  Income  Minimalism  biology  coping  mechanism  addiction  food  Internet  Alcohol  emotions  mental  health  well  being  dopamine  serotonin  oxytocin  endorphins 
april 2017 by asterisk2a
(200) Noam Chomsky - What We Really Want - YouTube
dignity and self-worth, independence. // primitive wage labour is slavery. // informed consumers making rational choices ... credit cards is the inverse! //
UBI  Grundeinkommen  Consumerism  Materialism  Alain  de  Botton  Chomsky  consumer  consumerist  Retail  Therapy  coping  mechanism  Selbstdarstellung  Selbstfürsorge  Capitalism  Capital  Advertising  TV  creativity  Universal  Basic  Income  creditcard  credit  card  Brand  Status  Anxiety  Social  Media  life  lesson  Minimalism 
april 2017 by asterisk2a
The Dark Side of Fast Food: Why Does It Make You Sick / Fat / Tired / Taste So Good (2001) - YouTube
manufactured industrial commodity / Eric Schlosser // food-industrial complex is focused on profit and margin. not sustainability. public health. individual health. climate change // fast food is americas highest spending item! // start w 1970's ... 80s in UK!
Processed  Food  Food–industrial  complex  Lobby  public  health  Standard  American  Diet  western  Urbanisation  USA  chronic  sick  population  Cowspiracy  climatechange  globalwarming  climate  change  global  warming  Fast  McDonalds  sustainability  pollution  obesity  overweight  CVD  Diabetes  care  demands  Consumerism  Consumer  Pop  Culture  Kultur  Advertising  PR  NHS  taxation  premature  death  Cancer  antibiotic  antibiotics  antitrust  Katel  poisoning  Cartel  GOP  Republicans  self-regulation  regulation  regulators  E.coli  revolving  door  Oligopoly  Oligopol  Duopoly 
april 2017 by asterisk2a
Here's Why A Slowdown In Earnings For The Top 1% Is A Problem For The UK - BuzzFeed News
“Fifteen years without a pay rise,” IFS director Paul Johnson said. “I’m rather lost for superlatives. This is completely unprecedented.” [...] If the top earners make less, the government brings in less tax revenue; it’s as simple as that. And with Brexit looming, the exchequer needs to raise all the funds it can.
UK  Budget  wage  growth  Austerity  living  standard  income  social  mobility  productivity  output  gap  Philip  Hammond  Theresa  May  George  Osborne  secular  stagnation  inflation  discretionary  disposable  credit  card  creditcard  household  debt  Consumer  Consumerism  consumerist  materialism  Brexit  London  1%  10%  NIC  welfare  state  underinvestment  gini  Coefficient  Tories  nasty  party  Conservative 
march 2017 by asterisk2a
Rethink rates now or face retail disaster, shops tell chancellor | Business | The Guardian
https://www.theguardian.com/business/2017/mar/07/food-inflation-doubles-uk-shoppers-feel-pinch [ are there sensible consumers out there, and wait out the next 2 years?!!! reality of Brexit should be by now, has to be digested by consumer, as always the lag indicator of most. FDI and business investement is first, and was first to scale back! ] A report from the British Retail Consortium and KPMG found that the spurt in consumer spending seen in the run-up to Christmas had come to an abrupt halt, with the result that non-food sales are falling for the first time since the economy was flirting with a double-dip recession in November 2011.

Further evidence that consumers are becoming more cautious was provided by the the Society of Motor Manufacturers and Traders, which released figures on Monday showing a drop of more than 4% in private car sales last month.
inflation  Brexit  household  debt  Consumerism  Consumer  credit  card  creditcard  private  discretionary  spending  disposable  income  uncertainty  UK  underinvestment  Austerity  Tories  nasty  party  Conservative  BOE  Mark  Carney  Theresa  May  Philip  Hammond 
march 2017 by asterisk2a
Sell high calorie foods in plain packaging to beat obesity, says Brain Prize winner | Science | The Guardian
http://www.bbc.co.uk/news/health-39183178 Peter Dayan, Ray Dolan and Wolfram Schultz share €1m neuroscience prize for work unravelling the brain’s reward system Selling high calorie foods in plain packaging could help in the battle against obesity according to a leading researcher who has won a share of the most lucrative prize in neuroscience for his work on the brain’s reward system. The colourful wrapping and attractive advertising of calorie-rich foods encourage people to buy items that put them at risk of overeating and becoming obese in the future, said Wolfram Schultz, a professor of neuroscience at the University of Cambridge. “We should not advertise, propagate or encourage the unnecessary ingestion of calories,” [ ... dopamine is released in anticipation of a reward, not just consumption of reward, thus seeing comfort food packaging and buying it, releases dopamine = walking into today's supermarket is dopamine rush for some, a high, irresistible, can not stop themselves from buying them 50/50 sugar/fat combos! ]
obesity  Tobacco  Alcohol  food–industrial  complex  lobby  multinational  conglomerate  UK  USA  Germany  European  Union  Advertising  overweight  chronic  inflammation  CVD  Cancer  premature  ageing  diabetes  death  NHS  health  care  demand  big  pharma  prevention  neuroscience  coping  mechanism  self-medication  reward  Consumerism  Drug  abuse  addiction  Sugar  Salt  Fat  whole-food  plant-based  western  diet  fast  food  standard  american  Tax  Theresa  May  David  Cameron  nanny  state  Tories  nasty  party  Conservative  childhood  parenthood  public  dopamine  system  Brain  self-regulation  Regulation  regulators 
march 2017 by asterisk2a
Budget 2017: Hammond to tell us the Brexit vote could have been worse | Business | The Guardian
consumers carried on spending and businesses continued to expand.

The picture for the public finances is also looking rosier compared with Hammond’s maiden autumn statement in November. [...] But here’s what the chancellor will not tell you: living costs have gone up and will continue to do so. The poorest will be hit hardest as the cost of essentials such as food and heating take a growing chunk out of already tight family budgets. Wages will struggle to match rises in inflation and the government’s benefit cuts mean that incomes will fall for the poorest people in Britain. In short, unless the government does something significant to improve living standards this week, inequality will start rising again.
UK  JAM  working  poor  squeezed  middle  class  Precariat  Theresa  May  Philip  Hammond  Austerity  DWP  HMRC  inflation  wage  growth  social  mobility  inequality  income  Tories  Productivity  child  poverty  trap  output  gap  recovery  GFC  bank  bailout  nasty  party  Conservative  Generationengerechtigkeit  babyboomers  Millennials  generation  rent  living  standard  discretionary  spending  disposable  credit  taxation  household  debt  mortgage  housing  crisis  Consumer  Consumerism  economic  history  neoliberalism  interventionism  crony  capitalism  tax  evasion  avoidance  corporatism  Exploitation  zero  hour  contract  part-time  minimum  generational  divide  Triple  Lock  Pension 
march 2017 by asterisk2a
STEVE KEEN on Private Debt - YouTube
the trick is up for tory austerity soon, when the private debt/household debt bubble bursts. and or the uk economy comes to a standstill. /// London has driven out the real wealth creators - https://www.youtube.com/watch?v=Dyk1t4wEDAE - democracy by houses, bc renters have no rights, &! Money , banks, debt seems not to matter in status quo economics - Prof Steve Keen on Parasitic Banking Sector London School of Economics - https://youtu.be/Kh99jEE18KY GFC recovery is not recovery it is Japanese style stagnation! ex imigration¬!
UK  London  Margaret  Thatcher  private  debt  Consumer  household  mortgage  GFC  recovery  Brexit  discretionary  spending  disposable  income  reflate  reflation  ZIRP  NIRP  QE  Austerity  service  sector  working  poor  squeezed  middle  class  leverage  economic  history  living  standard  wage  growth  mobility  social  inequality  Gini  Coefficient  tax  evasion  avoidance  HMRC  payday  loan  trickle-down  Tories  nasty  party  Conservative  George  Osborne  David  Cameron  JAM  Theresa  May  Philip  Hammond  IMF  OECD  neoliberalism  crony  capitalism  Exploitation  corporatism  Consumerism  materialism  GDP  underinvestment  ROI  BOE  Mark  Carney  Steve  Keen  book 
march 2017 by asterisk2a
IFS: Growth in UK living standards worst in 60 years | Business | The Guardian
The Institute for Financial Studies is predicting that households will be almost 20% worse off by 2021 - IFS calculations show that average household incomes will be 18% lower in 2021-22 than could have been reasonably expected before the financial crisis in 2007-08 - “One of the biggest drivers of the rise in child poverty is policy choices, which is why it is essential that the prime minister and chancellor use the upcoming budget to put in place measures to stop this happening. An excellent start would be to ensure families can keep more of their earnings under the universal credit.”
IMF  UK  Austerity  OECD  living  standard  George  Osborne  David  Cameron  Philip  Hammond  Theresa  May  GFC  recovery  Tories  nasty  party  bank  bailout  Labour  Ed  Miliband  Jeremy  Corbyn  Conservative  secular  stagnation  disposable  income  discretionary  spending  household  debt  credit  card  mortgage  private  Consumer  Consumerism  wage  growth  inflation  mobility  inequality  gini  Coefficient  poverty  trap  working  poor  gig  economy  zero  hour  contract  Self-Employment  part-time  Precariat  squeezed  middle  class  technological  unemployment  ZIRP  NIRP  QE  trickle-down  neoliberalism  crony  Capitalism  corporatism  tax  evasion  avoidance  GDP  Corporate  profit  maximisation  globalisation  globalization  welfare  underinvestment  child  taxation  taxcredit  UC  DWP  JSA  social  fuel  Brexit  neoconservatism  neoconservatives  JAM 
march 2017 by asterisk2a
The Bank of England is in denial. Brexit shows people don't act rationally | Robert Skidelsky | Business | The Guardian
Our models of quantifiable risk fail when faced with radical uncertainty. // retail spending binge post brexit and in run-up. // The challenge is to develop macroeconomic models that can work in stormy conditions: models that incorporate radical uncertainty and therefore a high degree of unpredictability in human behaviour. [...] Keynes, for his part, didn’t think this way at all. He wanted an economics that would give full scope for judgment, enriched not only by mathematics and statistics, but also by ethics, philosophy, politics, and history – subjects dropped from contemporary economists’ training, leaving a mathematical and computational skeleton. To offer meaningful descriptions of the world, economists, he often said, must be well educated.
Brexit  UK  consumer  debt  household  credit  card  mortgage  BOE  Austerity  Consumerism  materialism  behaviour  Economics  Economy  rational  book  irrational  living  standard  savings  wage  growth  income  mobility  macroeconomic  forecast  Keynes  history 
february 2017 by asterisk2a
BBC Radio 4 - Today, Is positive thinking making us depressed?
happiness has become a new duty ... /// self-help books and coaches = ideology of individualistic society (Curtis docs) & de Botton - Status Anxiety // Professor Svend Brinkmann, who wrote Stand Firm: Resisting the Self-Improvement Craze,
mental  health  NHS  Grampian  Transgender  LGBT  hate  speech  crime  discrimination  Consumerism  individualism  Status  Anxiety  Selbstdarstellung  Selbstfürsorge  book  materialism  well  being  Social  Media 
february 2017 by asterisk2a
Hannah Arendt - Die Pflicht zum Ungehorsam (2015) - YouTube
'as individuum you dont have power, only in collective' << see Byung-Chul Han the 'depressive, weak, singled out individual who exploits him or her or they self. // Eichmann wie Trump w Daniel Hannahn wie Boris Johnson ein Hanswurst! EINer von vielen HANSwurst. klug aber dumm, banalitaet. 'Der unwille was mit dem anderen ist.' // 'Je oberflaechlicher jemand ist, desto eher wird sich jemand der banalitaet des boesen ergeben.' ie use of bigotry, prejudice, stigmata, cliche, alternative facts, ... xenohobia, hate speech,// Totalitarianism 14:15 - for far-right to rise, authoritarians, populismus to rise, need to create Luegenwelt, post-truth, post- fact, emotions only, alternative facts, ... brotbrett mit brotkrumen aud ihr doktrinen schnallen. Eine welt nur mut brotkrumen, da kann das funktionieren. Wo man sich ueber die Brokkrumen streitet (see NHS foreign patients charges debate). Adressing the emotional needs better than the centrists and the left, which also isnt reality. // Brexit also perpetuated as "Allmaechtig" single solution to all worries, needs, wants. // Ideology creates the evil itself. Ideology to monopolise truth. destroyes thinking as individual and perosnal individual judgement. // arends totalitarianism is classic, today w social media and internet and filter bubble it is neo-totalitarianism!!! no central organ it is a network connected riding on the same wave length for the same purpose.
Hannah  Arendt  workers  union  trade  Byung-Chul  Han  Selbstdarstellung  Selbstausbeutung  book  Philosophy  Soziologie  Sociology  Alain  de  Botton  Status  Anxiety  rat  race  Consumer  Consumerism  Selfie  Self-Employment  gig  economy  1099  Platform  Capitalism  Corporate  corporatism  neoliberalism  neoliberal  crony  Zeitarbeit  Leiharbeit  zero  hour  contract  Contractor  Productivity  burnout  GFC  recovery  bank  bailout  Agenda2010  hartz-IV  DonaldTrump  Donald  Trump  Brexit  TTIP  Capital  CETA  TTP  TISA  Boris  Johnson  Theresa  May  Superficial  Evil  prejudice  bigot  bigotry  far-right  right-wing  White  Supremacy  alt-right  neo-Nazi  Xenophobia  Homophobia  transphobia  Fremdenfeindlichkeit  Ausländerfeindlichkeit  Racism  Stigma  Sexismus  Sexism  Misogynie  misogyny  gender-based  discrimination  inequality  BAME  Equality  Resistance 
february 2017 by asterisk2a
Are we too Materialistic? - YouTube
trans-substantiation. higher ideals materialised in things we can buy. objects and its meanings. consume/buy things that lend to itself to higher better nature. ... not Bugatti veyron
materialism  Status  Anxiety  Consumer  Consumerism  Capitalism  rat  race  Selbstausbeutung  Selbstdarstellung  Social  Media  Branding  PR  communication 
january 2017 by asterisk2a
Debt: Why more people are pressing the bankruptcy button - BBC News
More going bust as personal borrowing surges - http://www.bbc.co.uk/news/business-38768705 - The number of people declared insolvent owing to unmanageable debts was 13% higher in 2016 compared with the previous year,
consumer  debt  debtoverhang  household  discretionary  spending  UK  disposable  income  credit  binge  card  materialism  Consumerism  consumerist  Status  Anxiety  mental  health  rat  race 
january 2017 by asterisk2a
Robert Skidelsky: 'Why don't more people aspire to living a good life?' | From the Observer | The Guardian
What went wrong?

The Thatcher years created a great regression in that belief, I think. We were getting there and then it was reversed. Though it was wicked and unrealisable, the failure of communism had a profound effect. There suddenly seemed no alternative to money as a way of organising society.
economic  history  Consumerism  materialism  status  anxiety  Selbstdarstellung  social  media  Consumer  consumerist  credit  card  capitalism  crony  Exploitation  mental  health  Happiness  rat  race  brand  Branding  aspiration  image  public  PR  Facebook  Instagram  Skidelsky 
january 2017 by asterisk2a
UK credit binge approaching levels not seen since 2008 crash | Business | The Guardian
//&! http://bit.ly/2j5VMET - Shoppers are still pulling out the plastic, but borrowing may become less choice and more necessity as budgets are squeezed //&! http://bit.ly/2hW63rg - BOE unable to put "irrational behavior" into models, ie credit binge. //&! wrong for BOE to compare levels to GDP! http://bit.ly/2iR2fGY - AUSTERITY UK KEPT AFLOAT BY CONSUMER CREDIT BINGE! - 2015 economy growth was 80% consumer! &! Carney Warning Jan 2017 - http://www.bbc.co.uk/news/business-38644963
credit  card  car  loan  consumer  debt  household  mortgage  Property  bubble  UK  discretionary  spending  disposable  income  wage  growth  inflation  BOE  payday  auto  recovery  GFC  economic  history  Consumerism  materialism  Brexit  irrational  behavior  debtoverhang  austerity  ZIRP  NIRP  QE 
january 2017 by asterisk2a
Druck zur Selbstoptimierung: Macht unser Lebensstil krank? - SPIEGEL ONLINE
Besser, schöner, leistungsfähiger - der Druck zur Selbstoptimierung bereitet Psychiatern zunehmend Sorgen. Wie gut Menschen mit Stress zurechtkommen, ist jedoch auch eine Frage der persönlichen Verfassung.
Selbstdarstellung  Burnout  Status  Anxiety  Depression  mental  health  beauty  sickness  Social  Media  well  being  public  sick  population  Consumerism  consumerist  Consumer  materialism  crony  capitalism  exploitation  rat  race  sociology  Psychology  soziologie  Wertegesellschaft  Gesellschaft 
november 2016 by asterisk2a
Monkeys show how low social standing could harm your health (From HeraldScotland)
[ status anxiety is making you sick ] Life at the bottom of the social ladder can be damaging to health - even for monkeys, research has shown.

A study of rhesus monkeys has revealed the stress of low social status can be damaging to the immune system of the animals. //&! http://www.bbc.co.uk/news/health-38092146
Poverty  working  poor  cancer  public  health  immune  system  stress  chronic  burnout  sick  population  capitalism  status  anxiety  rat  race  Selbstdarstellung  social  media  mental  Consumerism  consumerist  Consumer  inflammation  diabetes  CVD  Deprivation 
november 2016 by asterisk2a
How Narcissists Took Over the World - YouTube
intolerant of others and other thinking. increases entitlement feeling and lowers respect for others. // mobile homescreen is feeding. same w social media. // thus CONCLUSION! POLITICAL COLLECTIVISM WILL HAVE IT AS HARD AS NEVER BEFORE! Generation Me to forgoe self interest in crony capitalism society.
DonaldTrump  Donald  Trump  Selbstdarstellung  Selfie  Social  Media  Newsfeed  Facebook  Psychology  Sociology  Narcissist  Narcissism  Twitter  Instagram  filterbubble  filter  bubble  childhood  parenting  parenthood  development  Wertegesellschaft  Gesellschaft  Zivilcourage  Zivilgesellschaft  Society  soziologie  neoliberal  neoliberalism  crony  capitalism  collectivism  activism  selfish  self-awareness  self-regulation  Self-Employment  individualism  consumerism  consumerist  consumption  Brand  status  anxiety  Politics  Career  Politicians 
november 2016 by asterisk2a
"On contact" with Chris Hedges (Episode 11) - YouTube
capitalism = ideology // book zen economics // victims of capitalism // hegemony dominant interest of group/society // << being conditioned. // manufactured consent - chomsky // industry creating consumer culture - adam curtis centry of self. [...] hedonism, exploitation of everything and everyone. //
neoliberal  neoliberalism  crony  capitalism  consumerism  consumerist  materialism  individualism  squeezed  middle  class  credit  card  status  anxiety  Selbstdarstellung  Social  Media  Reality  TV 
october 2016 by asterisk2a
"On contact" with Chris Hedges (Episode 19) - YouTube
David Cay Johnson, author of “The Making of Donald Trump" + 2007 book about tax avoidance and evasion. bill clinton showed that a tax rise does not sink an economy. // selbstdarstellung - kardashian, trump, reality tv stars, social media stars ...
tax  avoidance  evasion  USA  presidential  election  2016  Hillary  Clinton  Donald  economic  history  Selbstdarstellung  Kim  Kardashian  Status  Anxiety  consumerism  consumerist  materialism  book 
october 2016 by asterisk2a
Zerstört sich der Kapitalismus selbst? - Doku Arte - YouTube
norbert bolz - consumer fetish ... spiritual worth (identity) is only reason to buy ... items live! give life. // slavoj zizek - in der praxis handelst du nach einer illusion! // Capitalism produces what people want << Celebrity Kim Kardashian // Wir verkaufen auch uns. - Menschliche Ware ... universalisiert die Prostitution. [...] Vorteuschung von leben. Verfuehrt mit einem Angebot von einem anderen leben. // MUST WRITE BOOK - Corruption of Society. Korruption der Gesellschaft. // slavoj zizek // accumulation - concentration of profit! (FB, Google, Apple) // Natur ist kein Privateigentum! /// technological unemployment shows that future capitalism needs no workers thus creating slums // materieller wettstreit = aufgebraucht ... knowledge is anti-capitalist commodity. // leben in einer zeit wo kollektive selbszerstoerung moeglich ist! // consumgesellschaft oder unbequeme wahrheit (zynisch dem status quo). leider sind wird durch beides in der vegangenheit und gegenwart schon vergiftet worden (extremes of capitalism and extremes of socialism/marxism/kommunism //
Marxism  Capitalism  crony  status  anxiety  Karl  Marx  neoliberal  neoliberalism  GFC  economic  history  workers  union  trade  poverty  working  poor  Philosophy  Alain  De  Botton  materialism  consumerism  consumerist  Selbstdarstellung  Social  Media  mental  health  Universal  Basic  Income  Identity  Politics  Fashion  Celebrity  Culture  Wertegesellschaft  Kim  Kardashian  Gesellschaft  sociology  soziologie  Facebook  society  western  world  child  Precariat  Precarious  Exploitation  limited  resources  climate  change  global  warming  1%  10%  20%  Plutocracy  Oligarchy  bank  bailout  self-regulation  self-awareness  technological  unemployment  underemployed 
september 2016 by asterisk2a
Atul Singh: "The Global Rise of the Far Right" | Talks at Google - YouTube
people have to come to expect XYZ, but never materialised. literally // communities locally (suburb aspiration) have been broken down by consumerism materialism and 24/7 work / work being identity // & no certainty. thus you hang onto anyone who promises you past certainty, salvation, promised age. continuity in age of uncertainty and volatility. don't know if you have job next month. and gives you promises you collective identity. thus seeking authoritarian father figure. // & have to address - future (certainty, moral purpose), identity, inequality.
Donald  Trump  far-right  right-wing  inequality  gini  Coefficient  social  mobility  AfD  UKIP  Brexit  Germany  UK  USA  Rechtsruck  Rechtsextremismus  technocracy  Identity  Politics  Centrists  squeezed  middle  class  economic  history  Precariat  OECD  income  Consumerism  materialism  status  anxiety  career  Politicians  no  Representation  Toff  Privileged  Establishment  European  Union  job  insecurity  Zero  Hour  Work  Sociology  Psychology 
august 2016 by asterisk2a
Das Ende der Gesellschaft. Von den Folgen der Vernetzung
Das Ende der Gesellschaft von den Folgen der Vernetzung aller. // // Strohfeuer - Book Tausche Seele gegen Erfolg. Sascha Lobos packender Debütroman über die Lebensgier in den Zeiten der New Economy. // margaret thatcher - there is no such thing as society. // massenmedien (soziale medien, u eigenes umfeldgeben) illusion von spektrum of normativen verhalten; ie consumerism! du bist wast du kaufst. ... < illusorisches gesellschaftsbild. // der lack blaettert ab! an der zivilisierten gesellschaft (brexit) // strenght of weak ties (kraft des netzwerks) // no self-censorship, thus more and more people see that racism and xenophobia and misogyny is an acceptable opinion and one is not alone. far-right conservatives tell that political correctness has gone too far. // nun findet keine maessigung mehr statt (dies political correctness); racism/xenophobia ist nicht mehr extrem. // nachrichten bekamen gefuehlsgetrieben (emotions) [...] gesellschaft in wallungen. gefuehlten wirklichkeit. // zeit des schnellen wandels der welt - 24/7 news cycle - coping mechanism = emotions.
mobile  homescreen  Sascha  Lobo  Gesellschaft  Gesellschaftsform  Gesellschaftswerte  Networks  Silo  Platform  Facebook  WhatsApp  YouTube  Instagram  Snapchat  society  sociology  journalism  journalismus  journalist  globalisation  globalization  24/7  News  Cycle  Clickbait  Linkbait  Lügenpresse  AfD  PEGIDA  Trumpism  Brexit  neoliberal  neoliberalism  neoclassical  economics  Chicago  School  consumerism  consumerist  status  anxiety  book  Selbstdarstellung  Selbstoptimierung  Selbstfürsorge  winner  take  all  self-employment  competitiveness  capitalism  capitalism  in  crisis  populism  Polarisation  demagogue  demagogy  crony  capitalism  UKIP  far-right  right-wing  Donald  Trump  Frank  Schirrmacher  Social  Media  unemployment  Precariat  working  poor  squeezed  middle  class  Gini  coefficient  inequality  mobility  income  mobility  Massenmedien  civil  society  civil  courage  civil  participation  Zivilgesellschaft  Political  Correctness  Xenophobia  Xenophobic  racism  Transphobic  transphobia  Homophobia  homophobic  filter  bubble  filter  bubbles  Google  Search  algorithm  algorithms  Newsfeed  echo  chamber 
july 2016 by asterisk2a
Does The Myth of Meritocracy show us how to alleviate inequality?
No debate about social mobility is complete without reference to the supposedly halcyon days of the 1950s and 1960s. The class fluidity of those decades, however, was not the result of professions becoming more meritocratic. It was caused by an unprecedented rise in the number of middle-class jobs: there was more room at the top. [...] Bloodworth writes that 21st-century society is characterised by a dwindling of professional jobs and more people slipping downwards: there is “more room at the bottom”. [...] Globalisation has created what the economist Robert H Frank calls “winner-takes-all” markets
downward  mobility  social  mobility  income  mobility  inequality  Paul  Mason  book  post-capitalism  James  Bloodworth  Gini  coefficient  income  distribution  structural  unemployment  long-term  unemployment  skill  gap  skills  gap  skill  mismatch  skill-biased  technological  change  AI  artificial  intelligence  globalisation  globalization  rising  middleclass  squeezed  middle  class  BRIC  Manufacturing  economic  history  sociology  Brexit  Identitypolitics  Identitätspolitik  career  ladder  education  bubble  education  cost  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  Robotics  Robots  automation  neoclassical  economics  Chicago  School  trickle-down  economics  trickle-down  effect  1%  10%  20%  working  poor  Precariat  credit  card  credit  card  debt  consumerism  consumerist  austerity  bank  bailout  capitalism  in  crisis  neoliberal  neoliberalism  crony  capitalism  tax  evasion  tax  avoidance  Baby  Boomers  babyboomers  Elizabeth  Warren  Joseph  Stiglitz  poverty  trap  poverty  child  poverty  rentier  rent-seeking  winner  take  all  monopoly  monopsony  conglomerate  multinational  Toff  Privileged  Establishment  No  Representation  Politicians  career  politician  Centrist  meritocracy  meritocratic  plutocracy  oligarchy  capitalism 
july 2016 by asterisk2a
The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
Pressure grows for price on carbon ahead of UN signing
A group of world leaders and international finance chiefs has urged the world to rapidly expand the pricing of carbon pollution.
They argue that more than half of emissions of CO2 should be covered by a carbon price within a decade.
India has also called on rich countries to put a tax on coal to help poorer nations adapt to climate change.
These calls came ahead of a UN ceremony where some 155 countries are expected to sign the Paris Climate Agreement.
carbon  tax  COP21  climate  change  global  warming  sustainability  sustainable  carbonfootprint  consumerism  materialism  carbon  capture  carbon  trading 
april 2016 by asterisk2a
Capitalism and Mental Health: How the Market Makes Us Sick
POVERTY TRAP! // we were never as miserable as a nation as ever before.
profit  maximisation  profit  maximization  underinvestment  austerity  shareholder  capitalism  capitalism  in  crisis  capitalism  capitalist  working  poor  Precariat  squeezed  middle  class  status  anxiety  materialism  consumerism  consumerist  well  being  mental  health  burnout  work  life  balance  exploitation  exploited  part-time  part-time  employment  Contractor  self-employment  Soziale  Marktwirtschaft  cortisol  poverty  trap  poverty  child  poverty  low  pay  low  income  shareholder  value  Wall  Street  disposable  income  discretionary  spending  Robert  Skidelsky  Slavoj  Žižek  Disabled  vulnerable  DWP  WCA  Iain  Duncan  Smith  Stephen  Crabb  George  Osborne  David  Cameron  public  health  public  health  policy  public  health  risk  liberal  economic  reform  neoliberal  neoliberalism  JSA  sanctions  Food  Bank  self-medication  substance  abuse  abuse  alcohol  abuse  alcoholism  binge  drinking  coping  mechanism  GP  health  care  cost  health  care  demand  NHS  homeless  homelessness  Housing  Generation  Rent  UK  USA  precarious  work  precarious  employment  isolation  child  protection  education  policy  Self-esteem  sociology  psychology  Wertegesellschaft  Gesellschaft  values  Gentrified  Gentrifzierung  gentrification  Beton  Gold  Betongold  urban  planning  urbanisation  rat  capitalism  class  economic 
april 2016 by asterisk2a
GoPro Isn’t Doomed Yet. But they must become a software company, fast.
GoPro needed to spend heavily in “video editing automation.”
GoPro needs software in spades, far beyond just something to make editing easier. The company that created the first mass-market visceral experience broadcasting device ought to have a hand in every dimension of the current live revolution, not just be one of its few cameras. That requires software. [...] Most consumers already have all the hardware they need to create video; what they need is software to make this infinity of images comprehensible. As the defensibility of hardware declines, GoPro has an advantage few other makers of software have: fans, tens or even hundreds of millions of them.
Software  Is  Eating  The  World  Software  Eats  The  World  commoditization  commodity  business  Brand  Canon  Nikon  Kodak  Instagram  Beme  Vine  Snapchat  Entertainment  Selbstdarstellung  streaming  Twitch  Periscope  Meerkat  virtual  reality  VR  Augmented  Android  iPhone  Apple  premium  aspiration  status  anxiety  consumerism  materialism  mass  market  Pop  Culture  Hardware  Unicorn  DJI  Drone  Consumer  App  Consumer  Software  video  editing  Vlog  Vlogging 
april 2016 by asterisk2a
What the Panama Papers Tells Us About Global Capitalism
never seen David Cameron red-faced, so much! [...] sold in 2010!? And what was before that time? The time he was a MP!? [...] we are not all in this together, for sure! // book the hidden wealth of nations. - 7-8trn tax evasion and avoidance - not taxed. //&! Rumble - Just like FDR - Bernie Welcomes the GE CEO Hatred... - youtu.be/jT7NIoDS1gw - taking advantage of the tax laws THEY MADE.
Panama  Papers  David  Cameron  George  Osborne  tax  evasion  tax  amnesty  tax  avoidance  Super  Rich  Toff  Privileged  Establishment  Westminster  Whitehall  expense  scandal  No  Representation  Career  Politicians  1%  legal  loopholes  plutocracy  oligarchy  Tories  nasty  party  Richard  Wolff  Conservative  shell  company  offshore  banking  tax  loopoles  budget  deficit  austerity  fairness  Generationengerechtigkeit  neoliberal  neoliberalism  accounting  scandal  corporate  scandal  white-collar  crime  trickle-down  economics  free  market  corporate  tax  rate  Budget2016  self-regulation  underinvestment  squeezed  middle  class  working  poor  Gini  coefficient  child  poverty  corruption  bribery  money  laundering  UK  USA  Bahamas  CaymanIslands  income  distribution  tax  credit  Disabled  vulnerable  babyboomers  triple-lock  pension  DWP  capital  gains  tax  income  tax  receipts  secular  stagnation  western  world  social  mobility  income  mobility  trust  low  pay  shareholder  capitalism  crony  capitalism  low  income  Service  Sector  Jobs  Universal  Basic  class  warfare  disposable  income  discretionary  spending  credit  bubble  economic  history  Gesellschaft  Wertegesellschaft  materialism  consumerism  status  anxiety  pay 
april 2016 by asterisk2a
Discussing the IMF’s research on inequality - an interview with Andrew Berg
Inequality and Unsustainable Growth (2011) - imf.org/external/pubs/ft/sdn/2011/sdn1108.pdf - what are the determinants of sustained growth (answer a middle class). phases of growth. institutional governance (tax evasion and tax avoidance). lobby, revolving door, no representation, career politicians. [...] redistribution should have win-win effect. //&! Richard Wilkinson: How economic inequality harms societies - youtu.be/cZ7LzE3u7Bw - national income per head (average) is not reflective (correlates) for health and child well-being measures, social capital (volunteering, Tories Big Society), mental health, prison population, social mobility. that is why Tories redefined fuel poverty & child poverty! That is why nominal GDP targeting is double edge sword (tax evasion and average national income per head, and being dependent on a industry for GDP (ie Brazil and resources, or south UK and banking - 80% of 2015 growth was consumtion). Leads to status anxiety & materialism/
inequality  Robert  Reich  Joseph  Stiglitz  Paul  Krugman  squeezed  middle  class  working  poor  CEO  pay  shareholder  capitalism  IMF  western  world  Super  Rich  1%  plutocracy  oligarchy  discretionary  spending  disposable  income  Generation  Rent  poverty  poverty  trap  meritocracy  meritocratic  income  distribution  American  Dream  child  poverty  Thomas  Piketty  income  growth  income  inequality  income  mobility  Gini  coefficient  social  mobility  income  redistribution  Universal  Basic  tax  credit  tax  free  income  tax  evasion  tax  amnesty  tax  avoidance  HMRC  Political  Governance  Career  Politicians  revolving  door  Lobbying  lobby  lobbyist  No  Representation  Niall  Ferguson  secular  stagnation  Elizabeth  Warren  Precariat  job  insecurity  welfare  state  social  safety  net  nominal  GDP  targeting  WHO  consumerism  materialism  status  anxiety  values  social  status  self-esteem  mental  health  well  being  GNP 
april 2016 by asterisk2a
Budget 2016: Osborne's economic fitness regime - BBC News
[2015] 80% OF ECONOMY CONSUMER SPENDING! - The economy has enjoyed what Andrew Goodwin of Oxford Economics describes as a "sugar rush" -the equivalent of a big tax cut - or 'fiscal stimulus' - through lower petrol prices. The economy grew by 2.2% last year; 80% of that growth was down to consumer spending. "That [growth] strikes us as some distance below par given the tailwinds we have had," Mr Goodwin says. And after the sugar rush comes the sugar crash: growth is likely to be revised down in the years to come because of global economic weakness.
budget2016  budget2015  George  Osborne  policy  folly  policy  error  zombie  consumer  consumer  debt  household  debt  credit  card  debt  car  loan  student  debt  ZIRP  NIRP  QE  mortgage  rates  mortgage  market  property  bubble  Oil  price  commodity  prices  aggregate  demand  distortion  underinvestment  IFS  OBR  income  tax  receipts  HMRC  job  creation  Service  Sector  Jobs  working  poor  low  income  low  pay  squeezed  middle  class  Consumerism  Industrial 
march 2016 by asterisk2a
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