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robertogreco : wealthdistrubution   5

The Great Splintering - Umair Haque - Harvard Business Review
"a social contract's been torn up…bedrock of an enlightened social contract is, crudely, that rent-seeking is punished, & creating enduring, lasting, shared wealth is rewarded & that those who seek to profit by extraction are chastened rather than lauded. Today's world of bailouts, golden parachutes, sky-high financial-sector salaries — while middle incomes stagnate — seems to be exactly the reverse…The eye of this perfect storm is extreme income inequality that makes the Glided Age look Leninist…rule of law is visibly, easily flouted by the rich, it usually ends up being seen as laughable by the poor. London's become a city where many young people feel they're finished before they start…social upheaval's spreading…Our institutions are failing…We're going to have to build shelter: more resilient, less dysfunctional institutions that can deliver on the promise of real human prosperity that matters, lasts, and multiplies."
society  economics  uk  world  capitalism  eudaemonia  umairhaque  2011  inequality  wealthdistrubution  socialcontract  change  collapse  looting  riots  london  greatsplintering  wealthdistribution 
august 2011 by robertogreco
Marcel Claude en la UC - Resumen on Vimeo
"Aquí les dejo un pequeño resumen de lo que fue la conferencia del economista Marcel Claude el pasado viernes 1 de julio en la Casa Central de la UC. Actividad organizada por la Asamblea de Estudiantes Movilizados."
2011  chile  politics  policy  economics  marcelclaude  protests  education  healthcare  socialism  history  copper  industry  wealth  poverty  inequality  naturalresources  wealthdistribution  wealthdistrubution 
august 2011 by robertogreco
These riots reflect a society run on greed and looting | Seumas Milne | Comment is free | The Guardian
"David Cameron has to maintain that the unrest has no cause except criminality – or he and his friends might be held responsible"; "While bankers have publicly looted the country's wealth & got away with it, it's not hard to see why those who are locked out of the gravy train might think they were entitled to help themselves to a mobile phone. Some of the rioters make the connection explicitly…Most have no stake in a society which has shut them out or an economic model which has now run into the sand. It's already become clear that divided Britain is in no state to absorb the austerity now being administered because three decades of neoliberal capitalism have already shattered so many social bonds of work and community. What we're now seeing across the cities of England is the reflection of a society run on greed – and a poisonous failure of politics and social solidarity. … We're starting to see the devastating costs of refusing to change course."
politics  uk  poverty  crime  inequality  2011  london  riots  wealth  greed  davidcameron  economics  neoliberalism  society  banking  finance  wealthdistribution  wealthdistrubution 
august 2011 by robertogreco
Profits must no longer go to the few at the top | Simon Hughes | Comment is free | The Observer
"Activity, training and employment has to be on offer in every region of the country"

"A responsible economy is necessary for a responsible society. Building local, regional and national economies which provide the opportunity for all to participate in for fair reward will build much stronger communities. This will counter the appeal of the gangs and the get-rich-quick merchants. Other people and activity must now capture the energies and abilities of a generation that has greater potential than any we have had before."
simonhughes  employment  unemployment  disparity  wealth  uk  london  2011  riots  politics  policy  economics  greed  via:preoccupations  training  education  inequality  equality  society  wealthdistribution  wealthdistrubution 
august 2011 by robertogreco
These Guys Will Stop You From Killing Your Boss | Mother Jones
"So why have top execs (and/or their boards) become such security nuts? One factor involves the need to do business in the developing world—WPG claims it can provide services in 70 countries—but that doesn't explain the domestic demand. Ferraro chalks it up to paranoia. "I get the calls," he says. "They say, 'Oh my God, I read an article in the Wall Street Journal, the sky is falling!'" The tendency of business leaders to "think over the horizon and anticipate problems" is causing them to act like they're in Mexico City or Baghdad, Ferraro says. Besides, why not play it safe when shareholders are picking up the tab? Since 2006, when publicly traded companies began disclosing corporate perks, spending on CEO security has increased an average of 15 percent a year. (Michael Dell's compensation package, for instance, includes $1.2 million for security.)"
class  security  inequality  executiveprotection  wealth  2011  superrich  thecominginsurrection  middleagesallaroundus  wealthdistribution  wealthdistrubution 
august 2011 by robertogreco

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