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thinkahol *

India Factory Workers Revolt, Kill Company President - Forbes - 0 views

www.forbes.com/...-revolt-kill-company-president

India Factory Workers Revolt Kill Company President - Forbes

shared by thinkahol * on 29 Jan 12 - No Cached
  • thinkahol * on 29 Jan 12
     
    India labor union retaliates violently following police killing of its leader.
rich hilts

Rand Paul - National Right To Work Act - 0 views

drscoundrels.com/?p=2451

shared by rich hilts on 26 Jan 11 - No Cached
  • rich hilts on 26 Jan 11
     
    Rand Paul is backing the National Right To Work Act that will work to propagate the ability for people to choose whether or not to support unions. This is an act that is important to have a national discussion on due to the changing nature of the world and the labor market, how costs are driving jobs overseas and closing our factories. Please do come and comment
thinkahol *

The Yes Men Present: The Yes Lab for Creative Activism by The Yes Lab - Kickstarter - 0 views

www.kickstarter.com/...the-yes-lab-for-creative-activ

The Yes Men Present: Lab for Creative Activism by - Kickstarter

shared by thinkahol * on 16 Sep 11 - No Cached
  • thinkahol * on 16 Sep 11
     
    ABOUT THIS PROJECT For years, the Yes Men have been tinkering with side-splitting mischief as a way to fight injustice. Our latest film about those efforts, The Yes Men Fix the World, won lots of awards and was released all over the planet... but it simply did not fix the world.  So a year ago, we decided that showing what we do wasn't enough: we needed to help people to actually do it themselves. We called our idea The Yes Lab for Creative Activism. It's a factory for meaningful mischief, and a system for helping organizations and individuals carry out Yes Men-style actions on their own, to get media attention for important issues. But the Yes Lab is more than that: it also aims to help YOU take action on issues of social importance. Today, after a year of testing and nearly a dozen successes, we're proud to announce that the Yes Lab is ready for prime time! It's got a set of cool tools in development, that will soon help YOU get involved in new Yes Lab projects, and even to launch them. And it's got a new home at NYU, with space, lots of eager participants, and an ambitious new structure that will soon be cranking out many new projects. The trouble is that in spite of all that, we still have zero budget for the first round of projects themselves! And that's why you're reading this now. We're asking for $10,000, to make the all-new Yes Lab the lean, mean, change-making machine it can be. Any amount raised over $10,000 will bankroll projects beyond the first round.
thinkahol *

Is Your Meat Habit Giving You Diabetes? | Mother Jones - 0 views

motherjones.com/...pesticides-giving-you-diabetes

Is Your Meat Habit Giving You Diabetes? | Mother Jones

shared by thinkahol * on 08 Jul 11 - No Cached
  • thinkahol * on 08 Jul 11
     
    More research links traces of PCBs and pesticides in factory-farmed meat and fish to Type 2 diabetes.
Sarah Eeee

Income Inequality and the 'Superstar Effect' - NYTimes.com - 0 views

www.nytimes.com/...26excerpt.html

inequality capitalism economics

shared by Sarah Eeee on 27 Dec 10 - No Cached
  • Yet the increasingly outsize rewards accruing to the nation’s elite clutch of superstars threaten to gum up this incentive mechanism. If only a very lucky few can aspire to a big reward, most workers are likely to conclude that it is not worth the effort to try.
  • It is true that the nation grew quite fast as inequality soared over the last three decades. Since 1980, the country’s gross domestic product per person has increased about 69 percent, even as the share of income accruing to the richest 1 percent of the population jumped to 36 percent from 22 percent. But the economy grew even faster — 83 percent per capita — from 1951 to 1980, when inequality declined when measured as the share of national income going to the very top of the population.
  • The cost for this tonic seems to be a drastic decline in Americans’ economic mobility. Since 1980, the weekly wage of the average worker on the factory floor has increased little more than 3 percent, after inflation. The United States is the rich country with the most skewed income distribution. According to the Organization for Economic Cooperation and Development, the average earnings of the richest 10 percent of Americans are 16 times those for the 10 percent at the bottom of the pile. That compares with a multiple of 8 in Britain and 5 in Sweden.
  • ...4 more annotations...
  • Not coincidentally, Americans are less economically mobile than people in other developed countries. There is a 42 percent chance that the son of an American man in the bottom fifth of the income distribution will be stuck in the same economic slot. The equivalent odds for a British man are 30 percent, and 25 percent for a Swede.
  • Just as technology gave pop stars a bigger fan base that could buy their CDs, download their singles and snap up their concert tickets, the combination of information technology and deregulation gave bankers an unprecedented opportunity to reap huge rewards. Investors piled into the top-rated funds that generated the highest returns. Rewards flowed in abundance to the most “productive” financiers, those that took the bigger risks and generated the biggest profits. Finance wasn’t always so richly paid. Financiers had a great time in the early decades of the 20th century: from 1909 to the mid-1930s, they typically made about 50 percent to 60 percent more than workers in other industries. But the stock market collapse of 1929 and the Great Depression changed all that. In 1934, corporate profits in the financial sector shrank to $236 million, one-eighth what they were five years earlier. Wages followed. From 1950 through about 1980, bankers and insurers made only 10 percent more than workers outside of finance, on average.
  • Then, in the 1980s, the Reagan administration unleashed a surge of deregulation. By 1999, the Glass-Steagall Act lay repealed. Banks could commingle with insurance companies at will. Ceilings on interest rates vanished. Banks could open branches anywhere. Unsurprisingly, the most highly educated returned to banking and finance. By 2005, the share of workers in the finance industry with a college education exceeded that of other industries by nearly 20 percentage points. By 2006, pay in the financial sector was again 70 percent higher than wages elsewhere in the private sector. A third of the 2009 Princeton graduates who got jobs after graduation went into finance; 6.3 percent took jobs in government.
  • Then the financial industry blew up, taking out a good chunk of the world economy. Finance will not be tamed by tweaking the way bankers are paid. But bankers’ pay could be structured to discourage wanton risk taking
  • Sarah Eeee on 27 Dec 10
     
    (Part 2 of 2 - see first part below) What impact do the incredible salaries of superstars have on the rest of us? What has changed, technologically and socially, to precipitate these inequities? This article also offers a brief look at the relationship between income inequality and economic growth, comparing the US throughout its history and the US vis a vis several European countries.
David Corking

You are being lied to about Pirates | w w w . P e t e r S a n t i l l i . c o m - 0 views

petersantilli.com/?p=173

Law Culture

shared by David Corking on 21 Apr 09 - Cached
  • The pirates showed “quite clearly - and subversively - that ships did not have to be run in the brutal and oppressive ways of the merchant service and the Royal navy.” This is why they were popular, despite being unproductive thieves.
  • Ahmedou Ould-Abdallah, the U.N. envoy to Somalia, tells me: “Somebody is dumping nuclear material here. There is also lead and heavy metals such as cadmium and mercury - you name it.” Much of it can be traced back to European hospitals and factories
  • European ships have been looting Somalia’s seas of their greatest resource: seafood
  • ...4 more annotations...
  • They call themselves the Volunteer Coast Guard of Somalia - and it’s not hard to see why.
  • this doesn’t make hostage-taking justifiable, and yes, some are clearly just gangsters
  • 70 percent “strongly supported the piracy as a form of national defense of the country’s territorial waters.”
  • George Washington and America’s founding fathers paid pirates to protect America’s territorial waters, because they had no navy or coast guard of their own. Most Americans supported them. Is this so different?
  • David Corking on 21 Apr 09
     
    a column from the Independent - a fascinating alternative view of the Somali Pirates
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