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Bill Fulkerson

The truth about black unemployment in America | US news | The Guardian - 0 views

www.theguardian.com/...rican-unemployment-kansas-city

unemployment

shared by Bill Fulkerson on 09 Jul 18 - No Cached
  • Bill Fulkerson on 09 Jul 18
     
    "But national numbers in a country as big as the US can be misleading. For many African Americans in the Kansas City area, the spoils of a roaring recovery have passed them by."
Steve Bosserman

Here's why robots are making income inequality even worse - 0 views

mic.com/...g-income-inequality-even-worse

robotics unemployment job displacement

shared by Steve Bosserman on 30 Apr 17 - No Cached
  • Automation has not triggered mass unemployment, despite concerns about increasingly-realistic innovations like driverless trucks and ATMs that can handle mortgages. But already, around the edges, robots are on the rise — creating cost savings that benefit corporations and Americans who run businesses. These benefits are increasingly going to a small group at the top.In fact, the income gap between the super rich and middle class has also increased at a rapid clip — by $58,800 between 2010 and 2015, as Bloomberg reported. And within the middle class itself, the gap between upper and lower middle class grew by $9,000.
Bill Fulkerson

Gambling research: The 'fun' can stop with unemployment, ill-health and even death - 0 views

medicalxpress.com/...ployment-ill-health-death.html

death gambling unemployment

shared by Bill Fulkerson on 06 Feb 21 - No Cached
  • Bill Fulkerson on 06 Feb 21
     
    High levels of gambling are associated with a 37% increase in mortality, according to a new study, which reveals that the top 1% of gamblers surveyed spent 58% of their income and one in ten are spending 8% on the habit. Published today [4 Feb] in Nature Human Behavior, the study led by Dr. Naomi Muggleton, of Oxford's Department of Social Policy and Intervention, highlights the financial damage, negative lifestyles and health of gamblers, who can move from 'social' to high-level gambling in months.
Steve Bosserman

The meaning of life in a world without work | Technology | The Guardian - 0 views

www.theguardian.com/...y-religion-robots-sapiens-book

meaning work useless class imagination

shared by Steve Bosserman on 08 May 17 - No Cached
  • The crucial problem isn’t creating new jobs. The crucial problem is creating new jobs that humans perform better than algorithms. Consequently, by 2050 a new class of people might emerge – the useless class. People who are not just unemployed, but unemployable.
  • The same technology that renders humans useless might also make it feasible to feed and support the unemployable masses through some scheme of universal basic income. The real problem will then be to keep the masses occupied and content. People must engage in purposeful activities, or they go crazy. So what will the useless class do all day?
  • In any case, the end of work will not necessarily mean the end of meaning, because meaning is generated by imagining rather than by working. Work is essential for meaning only according to some ideologies and lifestyles. Eighteenth-century English country squires, present-day ultra-orthodox Jews, and children in all cultures and eras have found a lot of interest and meaning in life even without working. People in 2050 will probably be able to play deeper games and to construct more complex virtual worlds than in any previous time in history.
Steve Bosserman

It wasn't just hate. Fascism offered robust social welfare | Aeon Ideas - 0 views

aeon.co/...-wing-anti-capitalist-movement

fascism capitalism social contract democracy

shared by Steve Bosserman on 27 Mar 17 - No Cached
  • The origins of fascism lay in a promise to protect people. In the late 19th and early 20th centuries, a rush of globalisation destroyed communities, professions and cultural norms while generating a wave of immigration. Right-wing nationalist movements promising to protect people from the pernicious influence of foreigners and markets arose, and frightened, disoriented and displaced people responded. These early fascist movements disrupted political life in some countries, but they percolated along at a relatively low simmer until the Second World War.
  • After coming to power, the Italian fascists created recreational circles, student and youth groups, sports and excursion activities. These organisations all furthered the fascists’ goals of fostering a truly national community. The desire to strengthen (a fascist) national identity also compelled the regime to extraordinary cultural measures. They promoted striking public architecture, art exhibitions, and film and radio productions. The regime intervened extensively in the economy. As one fascist put it: ‘There cannot be any single economic interests which are above the general economic interests of the state, no individual, economic initiatives which do not fall under the supervision and regulation of the state, no relationships of the various classes of the nation which are not the concern of the state.’
  • When, in January 1933, Hitler became chancellor, the Nazis quickly began work-creation and infrastructure programmes. They exhorted business to take on workers, and doled out credit. Germany’s economy rebounded and unemployment figures improved dramatically: German unemployment fell from almost 6 million in early 1933 to 2.4 million by the end of 1934; by 1938, Germany essentially enjoyed full employment. By the end of the 1930s, the government was controlling decisions about economic production, investment, wages and prices. Public spending was growing spectacularly.
  • ...1 more annotation...
  • There can be no question that violence and racism were essential traits of fascism. But for most Italians, Germans and other European fascists, the appeal was based not on racism, much less ethnic cleansing, but on the fascists’ ability to respond effectively to crises of capitalism when other political actors were not. Fascists insisted that states could and should control capitalism, that the state should and could promote social welfare, and that national communities needed to be cultivated. The fascist solution ultimately was, of course, worse than the problem. In response to the horror of fascism, in part, New Deal Democrats in the United States, and social democratic parties in Europe, also moved to re-negotiate the social contract. They promised citizens that they would control capitalism and provide social welfare policies and undertake other measures to strengthen national solidarity – but without the loss of freedom and democracy that fascism entailed.
Steve Bosserman

Why Trump's speech on terrorism was such a missed opportunity - The Washington Post - 0 views

www.washingtonpost.com/...-was-such-a-missed-opportunity

radicalization youth social contract unemployment

shared by Steve Bosserman on 22 May 17 - No Cached
  • The vast majority of young people in places like the Middle East and North Africa face a bleak socioeconomic future. Youth unemployment in the region hovers around 30 percent, which is expected to skyrocket as economies struggle to create enough jobs to keep pace with a massive demographic youth bulge. In 2000, the World Bank estimated that the region would need to create about 100 million new jobs to keep pace, and it’s nowhere near to closing the gap.
  • The effect of this socioeconomic crisis is about more than just employment and livelihoods for young people; it represents a fundamental breakdown of the social contract in the region. For decades, governments in the Middle East and North Africa promised socioeconomic support — free education, subsidies and public-sector employment — in exchange for limits on political participation and civic activity.
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