Published on 6 Mar 2013 | Prof Victoria Chick, Emeritus Professor of Economics, University College London, addressed the question: "Why Don't Academics Understand Money?" at the Positive Money conference in January 2013. She said there has been a regression in the way economics has been taught. This 18 mins video gives some very interesting insights.
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Showing posts with label Wages. Show all posts
Showing posts with label Wages. Show all posts
Wednesday, January 7, 2015
Saturday, August 16, 2014
Money is at the root of our current social and economic crisis.
Published on 30 Apr 2012 | 97% Owned by private bankers - Positive Money Cut
To join the campaign to democratise money.
see http://www.positivemoney.org.uk/97per...
see http://www.positivemoney.org.uk/97per...
When money drives almost all activity on the planet, it's essential that we understand it. Yet simple questions often get overlooked - questions like: where does money come from? Who creates it? Who decides how it gets used? And what does that mean for the millions of ordinary people who suffer when money and finance breaks down?
97% Owned is a new documentary that reveals how money is at the root of our current social and economic crisis. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatised, debt-based monetary system that gives banks the power to create money, shape the economy, cause crises and push house prices out of reach. Fact-based and clearly explained, in just 60 minutes it shows how the power to create money is the piece of the puzzle that economists were missing when they failed to predict the crisis.
Produced by Queuepolitely and featuring Ben Dyson of Positive Money, Josh Ryan-Collins of The New Economics Foundation, Ann Pettifor, the "HBOS Whistleblower" Paul Moore, Simon Dixon of Bank to the Future and Nick Dearden from the Jubliee Debt Campaign, this is the first documentary to tackle this issue from a UK-perspective, and can be watched online now.
Labels:
Collapse,
Currency,
Currency Value,
Currency War,
Loans,
Speculators,
Wages,
Welfare
Monday, October 22, 2012
Have We Reached the End of Cheap Manufacturing in China?
Published on Oct 20, 2012 by ForaTv : While discussing the past, present and future of manufacturing abroad Senior Manager of Global Business Operations for New Balance Gabriella Wortmann predicts the coming end of cheap manufacturing in China.
Tuesday, July 10, 2012
150 years history America Productivity Versus Real Wages.
Uploaded by gevidn on May 28, 2010:
Prof Rick Wolff - talks about 150 years of American Experience, Productivity, real wages & consumption.
Prof Rick Wolff - talks about 150 years of American Experience, Productivity, real wages & consumption.
Sunday, June 3, 2012
Paul Krugman on austerity and cuts (on Newsnight, 30 May 2012).
Published on May 31, 2012 by leftfootforwardtv : Nobel laureate Paul Krugman takes down a fat cat Tory donor and a Tea Party Tory MP on BBC Newsnight, admonishing their austerity lust and cuts hunger.
Labels:
America,
Cartel,
Collapse,
Currency Value,
Economy,
Europe,
Loans,
Privatization,
Wages
Tuesday, May 29, 2012
UK anti-cuts group against neo liberal capitalism!
..holds rally in London : neo liberal capitalism undermines 4 things 1] NHS 2]Welfare 3]Women 4]Democracy
Published on May 28, 2012 by PressTVGlobalNews :This is parliament in 2012. Where the British flag flies high and the politicians make their decisions. And on this unusually sunny day in London, there's a good old British street party going on. But it's not a celebration.
Labels:
Europe,
Privatization,
Wages,
Welfare
Sunday, November 20, 2011
Friday, November 4, 2011
Euro-Chaos and Global Capitalism
Let listen to this, how the Economic Chaos will give rise to Global Capitalism (reformed thou) & the manager of Global Capitalism:-
Uploaded by TheRealNews on Nov 4, 2011 - Leo Panitch: We are witnessing the irrationality of capitalism and the incredible struggle of people in the street.
Labels:
America,
Currency War,
Economy,
Europe,
Wages
Sunday, October 2, 2011
'Wall Street protests shows inequality'
Uploaded by PressTVGlobalNews on 2 Oct 2011 - Protests against poverty, unemployment and social inequality are spreading across several Metropolitan cities in the US, including New York, Chicago and Los Angeles.
Friday, September 30, 2011
State sponsored USURY & Looting Proletariat :
Now what - from Hero to Villain?
'Arab Spring now scapegoat for debts US can't pay off"
Uploaded by RussiaToday on 30 Sep 2011 - In the US, the finances aren't faring much better than on the Continent. But now President Obama has found someone to saddle with the blame. He claims the Arab world uprisings are shaking western economic foundations because of hiked oil prices. Let's see what current affairs editor Michael Jones makes of this, from Culture Magazine.
Wednesday, September 28, 2011
Rich Getting Richer in Ontario
Uploaded by TheRealNews on 27 Sep 2011 - Hugh Mackenzie: From 1992 to 2007, 90% of the income gain in Canada went to the top 1% while their effective tax rate went down.
Friday, August 19, 2011
Is Capitalism Doomed?
When "Ah Long (money lenders)" small & big, legal & illegal, together no longer give out loans.
Marx "labour theory of value" gets to work!
TheRealNews on Aug 18, 2011 - Gerry Epstein comments on Nouriel Roubini's blog that "Marx was right"
Labels:
America,
Collapse,
Currency Value,
Federal Economy,
Prices,
Stock Market,
Wages,
Welfare
Sunday, April 10, 2011
Most people in the rich countries are paid more than they should be!
Apr 8, 2011 - Ha-Joon Chang : From 23 Things They Don't Tell You About Capitalism Pt.3
Courtesy | TheRealNews on Apr 6, 2011
Courtesy | TheRealNews on Apr 6, 2011
Sunday, February 6, 2011
Reaganomics Sucked Wealth Up, Did Not Trickle It Down
TheRealNews | February 06, 2011 - Michael Hudson on Reagan Centennial: Creating an economy for predators is not respect for a "free market"
Labels:
America,
Economy,
justice,
Privatization,
Speculators,
Wages,
Welfare
Wednesday, January 12, 2011
Britain following America ... towards Bankers.
Lloyds' Eric Daniels in line for £2m bonus
Lloyds Banking Group boss Eric Daniels is in line for a bonus of about £2m this year, the BBC has learned.
Mr Daniels, who steps down in March, has turned down a bonus in the past two years but will not do so again, sources told BBC business editor Robert Peston.
The government bailed out Lloyds after it took over HBOS in 2008, and still holds a 41% stake in the bank.
On Tuesday, Barclays boss Bob Diamond said he had not decided whether he would accept a bonus this year.
On top of the bonus, Mr Daniels could receive shares worth another £2m from a long-term incentive plan, according to our correspondent.
The announcement on the bonus will be made in February, he added.
The news of Mr Daniels' bonus came on the day that the Labour leader Ed Miliband accused Prime Minister David Cameron of "pathetic excuses" for breaking promises to limit bank bonuses.
BBC News | 12 January 2010
Friday, December 17, 2010
Currency War EURO attacked! to retain USD as world's reserved currency.
- RussiaToday | December 17, 2010 - EU leaders meeting in Brussels have agreed to set up a permanent mechanism to save Eurozone economies sinking in debt. They promised to do "whatever is required" to safeguard the common currency. William Engdahl, an economist and author thinks the Union needs a lot of political will to bring the crisis under control and keep the common currency going.
Labels:
America,
Currency War,
Economy,
International,
Speculators,
Stimulus,
Trade,
Wages
Thursday, December 16, 2010
Gender-conomics, Race-conomics, Age-conomics & recession .
The Recession is also a Mancession
TheRealNews | December 16, 2010 - Nancy Folbre: Men Are Loosing Jobs Faster Than Women.
TheRealNews | December 16, 2010 - Nancy Folbre: Men Are Loosing Jobs Faster Than Women.
Wednesday, December 15, 2010
Lowering Workers' Wages is the Objective
TheRealNews | December 14, 2010 - Leo Panitch: Big Business opposed to government jobs programs, as their objective is to drive wages down through fear and global competition
Labels:
Austerity,
Collapse,
Multi-national,
Wages
Saturday, November 13, 2010
Sunday, November 7, 2010
Does a Higher Minimum Wage Reduce Jobs? US Experience.
TheRealNews | October 07, 2010 - Dube: New study shows higher minimum wage has little effect on jobs and helps raise other wages & Do Undocumented Workers Take Jobs and Lower Wages? October 13, 2010 - Dube: Increasing evidence that legalizing undocumented workers has a positive effect on the economy.
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