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Less Growth and Less Work - by Mohssen Massarrat
French economist Thomas Piketty described neoliberalism or finance capitalism as an "inequality machine." Profits soar and investments are postponed. Keynes spoke of three phases: investments, surplus and stagnation. Are economic alternatives and trade agreements blacked out from public discussion? Reduced working hours is the only way to full employment and to gaining work-life balance. Doing the same thing and expecting a different result is the definition of insanity, Einstein said. Elim...
Posted: Mon Mar 23, 2015 4:33AM
Welfare state transformation: Convergence and the rise of the supply side model - by www.econstor.eu
"The 99%: Occupy Everywhere" is a free movie on www.hulu.com. Enjoy!
Posted: Fri Mar 20, 2015 3:32PM
Sutter Santa Rosa Nurses Vote to Approve Possible Strike - by via California Nurses Association
With a large turnout Thursday, registered nurses at Sutter Santa Rosa Regional Hospital voted by 98 percent to authorize their nurse negotiators to call a strike, if needed, to protest the hospital’s refusal to act on their concerns for improved patient care staffing and management demands for significant cuts in health coverage for the nurses and their families.
Posted: Fri Mar 13, 2015 12:20PM
USW Union Buried Evidence of Firestone Support of Warlord After Labor Deal - by repost
The USW buried evidence of Firestone war crimes and the deal with war load Charles Taylor
Posted: Thu Mar 12, 2015 8:52AM
An Open Letter about Student Protests at UCSC - by SA Smythe and Jennifer Teschler
While there have been vociferous expressions of support and solidarity for the recent UC student protests, a number of students, parents, faculty, administrators, and members of the greater Santa Cruz community have expressed frustration, what borders on vitriolic hatred, and ad hominem attacks against those who took to the highways and most recently to the campus entrances. As longterm members of the UC community, we know firsthand that these students are fighting so that all students might ...
Posted: Thu Mar 5, 2015 1:37PM
Homo Economicus and Dethonement of the Profit Principle - by Ulrich Thielemann
Max Frisch summarized economism int he formula: "what brings profit is rational." Economism is a business ethics conception, a justification theory for profit maximization. Business ethics is declared superflu9ous where maximizing the capital value of the firm eclipses everything else. Ultimately this is an ethics without morality. The profit principle replaces the moral principle. Instrumentalism amounts to an "ethic" of the right of the stronger. Where profit maximization illegitimately ru...
Posted: Tue Mar 3, 2015 5:09AM
Profit-Making is Different Than Profit-Maximizing - by Ulrich Thielemann
Discussions of jobs and the economy are often marked by trivialization, distortion, unreality and wishful thinking. The neoliberal model promotes profits, not investments and rationalization and digitalization lead to mass unemployment. Most created jobs are temporary and precarious. People trust in the myths of the self-healing market, efficient financial markets and pulling yourself up by your bootstraps. System analysis and market failure are usually glossed over. All personal achieveme...
Posted: Mon Feb 23, 2015 5:46AM
The Catastrophe has Already Begun - by Karl Georg Zinn, Gunter Dueck and J Bischoff
Capitalist growth has become the problem, promotes famines and strangles full employment. Can the world be rescued? Mass unemployment has never lasted as long as today; global problems increase. Jean Jacques Rousseau said: "Distribution means no one is so rich he can buy others and no one is so poor he must sell himself." A change of consciou9sness is necessary so the population strives energetically for distribution justice. The young generation is socialized today under conditions where m...
Posted: Mon Feb 16, 2015 5:51AM
Salinas RNs Endorse Community Mediator to Settle Contract Dispute - by via California Nurses Association
Following 10 months of contentious talks that have failed to produce movement by stubborn hospital officials on demands that registered nurses say would jeopardize patient safety, including a management plan to eliminate about 10 percent of all bedside nurses at the hospital, Salinas Valley Memorial Hospital RNs said yesterday that they support a proposal by State Assembly member Luis Alejo for a community mediator to work to resolve the dispute.
Posted: Wed Feb 4, 2015 1:44PM
Digitalization Makes Us Happily Unemployed! - by Stephan Dorner and Claudio Weck
Political upheavals often precede technical revolutions.. The digital revolution hardly seems to have produced social or political revolutions.. Digitalization penetrates and changes the economy and life of people in all embracing ways as the Industrial Revolution once did.. The devaluation of human work could trigger another possible political-social revolution.. The question is to what extent an automation of thinking follows the automation of muscle power.
Posted: Wed Feb 4, 2015 11:02AM
TTIP: Redistribution of Power, not Free Trade - by Harald Schumann, U Engelen-Kefer and W Raza
The TTIP (Transatlantic Trade and Investment Partnership agreement) involves the redistribution of power away from the parliaments and to the executive and its unelected lobbyists. The TTIP does not involve freedom of trade. The greatest barrier to transatlantic trade is not discussed, the extremely fluctuating exchange rate between the dollar and the euro. Ultimately our prosperity rests on the international division of labor and the free exchange of goods and services.
Posted: Mon Feb 2, 2015 6:41AM
Reviving an Explosive Topic: Reducing Work Hours - by Astrid Fadler
In truth, the introduction of the eight-hour day, the free Saturday and the fifth vacation week (in Austria) did not cause economic crises. Reduced working hours means more distribution justice for the general public and more quality of life for workers. The efficiency of employees increases and the danger of accident declines through reduced working hours. Whoever works less lives healthier and has more time for the family, for (personal) development and for voluntary activity.
Posted: Tue Jan 27, 2015 5:29AM
Changing Our Union, Not Just Our Leaders: Proposals for the UESF election - by Adrienne Johnstone and Andrew Libson
Elections are approaching for the leadership of United Educators of San Francisco. Here we offer a platform for a new leadership and, more importantly, for a new kind of union.
Posted: Sat Jan 24, 2015 11:12AM
Michael Brown, Eric Garner, Tamir Rice And The War on We the People! - by Mike Griffin
Mike Griffin writes about what is behind the racism, repression and crisis.
Posted: Fri Jan 16, 2015 9:26AM
Video: Plenitude - Reducing Working Hours - by Juliet Schor
Unlike a chair, an idea can be shared by a whole people. Reducing working hours is the only way to full employment and averting the paper chase and resume heaven, the impossible status quo.
Posted: Fri Jan 16, 2015 4:59AM
Nurses Welcome White House Community College Initiative - by via National Nurses United
National Nurses United today announced strong support for President Obama's community college initiative that NNU said should have a huge impact on expanding and improving nursing education opportunities for an entire new generation of registered nurses.
Posted: Thu Jan 15, 2015 3:18PM
ALDF Intervenes in Cal OSHA Lawsuit after Lion Kills Worker; “Cat Haven” Settles - by via Animal Legal Defense Fund
Dunlap, Calif. — Last week, on January 6, a legal settlement brought conclusion to the tragic and fatal mauling of a zoo employee at Cat Haven Zoo, a 100 acre facility west of Kings Canyon National Park. The national nonprofit Animal Legal Defense Fund (ALDF) intervened in the legal battle between the California Division of Occupational Safety and Health Administration (Cal OSHA) and Project Survival (which runs Cat Haven), eventually resulting in approval of Cal/OSHA’s new requirement of...
Posted: Wed Jan 14, 2015 3:06PM
Public Funds Brought Smart Phones - by Mariana Mazzucato
All personal achievement would have been impossible without state investment in roads, hospitals, schools, airwaves, health and food safety. Steve Jobs and his people only combined several technologies and gave them a cool design. The Internet, the touch screen and smart phones only exist through public money. This state share is completely faded out int he conventional story about business history.
Posted: Mon Jan 12, 2015 6:47AM
Smashed Up: Young Service Workers on the Sanctity of Small Business - by The East Bay Solidarity Network
The Easy Bay Solidarity Network tackles the myth of the small business and hallow criticisms of the recent uprisings against police brutality.
Posted: Mon Jan 5, 2015 9:57PM
How Economists Change the World - by Stephan Schulmeister
Theory development is also a war over dominance at the universities, in the media and in politics. The goals of Hayek's war were expulsion of the Keynesians, liberalization of the financial markets, abandonment of full employment policy, dismantling the social state and weakening unions. His British rival, John Maynard Keynes, attacked the austerity policy and wage cuts. Schulmeister urges a new navigation chart with guidelines oriented in Roosevelt's New Deal and rejection of turbo speculat...
Posted: Mon Jan 5, 2015 6:02AM