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thinkahol *

Employment and the Minimum Wage-Evidence from Recent State Labor Market Trends | Econom... - 0 views

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    Congress, a number of states, and even some cities will raise or consider raising minimum wages this year. Meanwhile, the economy is suffering what may prove to be the fourth consecutive year of a geographically widespread labor market slump, with most states facing uncertain economic situations. In this environment, the minimum wage becomes more important than ever, as a weaker labor market is unlikely to provide low-wage workers the bargaining power required to negotiate fair wages for their labor. Despite the necessity of a minimum wage that allows low-wage workers to meet basic needs, there is still strong opposition to minimum wage increases, especially from those who don't view the weak labor market as an imperative to raise minimum wages, but rather as a reason to oppose them. In particular, opponents of state-level minimum wage increases claim that these increases are the cause of weak labor markets, especially in the form of high unemployment rates. That argument, however, rests on the simplistic observation that some of the states with high minimum wages also have high unemployment rates. Without more examination, this observation is as useful in understanding state job markets as noting that joblessness has been on the rise in New York since the last time the Yankees won the World Series. It might be true, but it doesn't mean one is causing the other.
thinkahol *

Live Coverage: Occupy Wall Street - 0 views

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    Along with the movement in America, 'Occupy Wall Street' protests are planned in Japan, Israel, Canada and a half-dozen European nations. The aim of #OCCUPYWALLSTREET is to draw 20,000 protesters to New York's financial district in a non-violent protest to spark a mass movement against corporate dom…
thinkahol *

Paul Stamets: 6 ways mushrooms can save the world - YouTube - 0 views

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    Uploaded by TEDtalksDirector on May 8, 2008 http://www.ted.com Mycologist Paul Stamets studies the mycelium -- and lists 6 ways that this astonishing fungus can help save the world. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at http://www.ted.com/translate. Follow us on Twitter http://www.twitter.com/tednews Checkout our Facebook page for TED exclusives https://www.facebook.com/TED
thinkahol *

Regulation: The Unsung Hero in American Innovation - 0 views

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    September 13, 2011 - Many regulations that were originally scorned by politicians and industry as signaling the death of product lines, companies, and jobs - including those requiring more efficient light bulbs and banning chemicals that damage the ozone layer - in fact stimulated healthy innovations that have protected American lives and saved billions of dollars without harming industry, according to a report by Public Citizen. "Regulation: An Unsung Hero in American Innovation," describes five regulations that were originally excoriated but have resulted in innovations that improved public safety, helped the environment and led to better products. The report comes as public protections are under attack from the U.S. Chamber of Commerce and big business allies in Congress, who focus on the cost of rules while ignoring their public safety benefits and their potential to spur innovations.
thinkahol *

Bourgeois pundits ponder Marx « Louis Proyect: The Unrepentant Marxist - 0 views

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    Over the past few months there has been a bumper crop of articles in elite publications such as the Financial Times making the case that Karl Marx was right-or mostly right. This is understandable given the perilous times we are living through. The kind of Panglossian message found in Fukuyama's End of History is ill-suited to a world edged on the precipice of economic ruin, largely beyond the capability of the world bourgeoisie to resolve.
thinkahol *

When the Mafia Can't Compete With the Chamber of Commerce - 0 views

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    I've written frequently on the national regulatory state as a source of monopoly rents to big business.  But the true nature of regulation as a naked power grab by incumbent businesses is nowhere more apparent than at the local level. At the lower levels of government, conventional, brick-and-mortar business establishments are heavily involved in using regulatory enforcement to shut down low-cost competition.
thinkahol *

Record Arctic Ice Melt Threatens Global Security - 0 views

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    'It is now virtually certain a child born in 1979 will not reach 50 years of age before the Arctic is ice-free in the summer. That is a rapid change on a planetary scale, with far-reaching consequences that scientists are just beginning to understand.' Stephen Leahy, Inter Press Service
thinkahol *

WHERE GOOD IDEAS COME FROM by Steven Johnson - YouTube - 0 views

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    One of our most innovative, popular thinkers takes on-in exhilarating style-one of our key questions: Where do good ideas come from? With Where Good Ideas Come From, Steven Johnson pairs the insight of his bestselling Everything Bad Is Good for You and the dazzling erudition of The Ghost Map and The Invention of Air to address an urgent and universal question: What sparks the flash of brilliance? How does groundbreaking innovation happen? Answering in his infectious, culturally omnivorous style, using his fluency in fields from neurobiology to popular culture, Johnson provides the complete, exciting, and encouraging story of how we generate the ideas that push our careers, our lives, our society, and our culture forward. Beginning with Charles Darwin's first encounter with the teeming ecosystem of the coral reef and drawing connections to the intellectual hyperproductivity of modern megacities and to the instant success of YouTube, Johnson shows us that the question we need to ask is, What kind of environment fosters the development of good ideas? His answers are never less than revelatory, convincing, and inspiring as Johnson identifies the seven key principles to the genesis of such ideas, and traces them across time and disciplines. Most exhilarating is Johnson's conclusion that with today's tools and environment, radical innovation is extraordinarily accessible to those who know how to cultivate it. Where Good Ideas Come From is essential reading for anyone who wants to know how to come up with tomorrow's great ideas.
thinkahol *

Robert Scheer: What Do They Want? Justice - Truthdig - 0 views

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    How can anyone possessed of the faintest sense of social justice not thrill to the Occupy Wall Street movement now spreading throughout the country? One need not be religiously doctrinaire to recognize this as a "come to Jesus moment" when the money-changers stand exposed and the victims of their avarice are at long last offered succor. Not that any of the protesters have gone so far as to overturn the tables of stockbrokers or whip them with cords in imitation of the cleansing of the temple, but the rhetoric of accountability is compelling. "I think a good deal of the bankers should be in jail," one protester told New York Times columnist Andrew Ross Sorkin. That prospect has evidently aroused concern in an industry that has largely managed to escape judicial opprobrium. 
thinkahol *

Attorneys General Settlement: The Next Big Bank Bailout? | Matt Taibbi | Rolling Stone - 0 views

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    The point of all of this is, if you add up all of the MBS-related liability out there, the banks as it stands are facing an Armageddon of claims from all sides. It can't possibly be less than a trillion dollars, and it's probably much, much more. But the Obama administration's current plan is to let them all walk after paying a few shekels apiece into a $20 billion kitty.
thinkahol *

Religion is irrational, but so is atheism - opinion - 28 March 2011 - New Scientist - 0 views

  • Many scholars, including philosopher Charles Taylor in A Secular Age, have documented the emergence of a new vision of western societies in the wake of the Protestant Reformation and the growth of modern nation states. Societies were no longer seen by most of their citizens as kingdoms under God but as societies of mutual benefit in which citizens use their rational minds to cooperate and improve their lives. When religions stood in the way of this by denying individual liberty and pleasure and by asserting that the purpose of life should be transcendent rather than earthly well-being, religions themselves became anti-social and even immoral.
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    Why are some people religious and others atheists? Do we really know what we mean by atheism? Here is a very paradoxical clue
thinkahol *

The Quiet Coup - Magazine - The Atlantic - 0 views

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    The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government-a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF's staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we're running out of time.
thinkahol *

US meat and poultry is widely contaminated with drug-resistant Staph bacteria, study finds - 0 views

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    ScienceDaily (Apr. 15, 2011) - Drug-resistant strains of Staphylococcus aureus, a bacteria linked to a wide range of human diseases, are present in meat and poultry from U.S. grocery stores at unexpectedly high rates, according to a nationwide study by the Translational Genomics Research Institute (TGen).
thinkahol *

A Primer on Class Struggle | Common Dreams - 0 views

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    When we study Marx in my graduate social theory course, it never fails that at least one student will say (approximately), "Class struggle didn't escalate in the way Marx expected. In modern capitalist societies class struggle has disappeared. So isn't it clear that Marx was wrong and his ideas are of little value today?" I respond by challenging the premise that class struggle has disappeared. On the contrary, I say that class struggle is going on all the time in every major institution of society. One just has to learn how to recognize it. One needn't embrace the labor theory of value to understand that employers try to increase profits by keeping wages down and getting as much work as possible out of their employees. As the saying goes, every successful capitalist knows what a Marxist knows; they just apply the knowledge differently. Workers' desire for better pay and benefits, safe working conditions, and control over their own time puts them at odds with employers. Class struggle in this sense hasn't gone away. In fact, it's inherent in the relationship between capitalist employer and employee. What varies is how aggressively and overtly each side fights for its interests.
thinkahol *

Robert Reich (Why We Must Raise Taxes on the Rich) - 0 views

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    It's tax time. It's also a time when right-wing Republicans are setting the agenda for massive spending cuts that will hurt most Americans. Here's the truth: The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
thinkahol *

The Exile Nation Project | Watch Free Documentary Online - 0 views

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    The Land of the Free punishes or imprisons more of its citizens than any other nation. This collection of testimonials from criminal offenders, family members, and experts on America's criminal justice system puts a human face on the millions of Americans subjugated by the US Government's 40 year, one trillion dollar social catastrophe: The War on Drugs; a failed policy underscored by fear, politics, racial prejudice and intolerance in a public atmosphere of out of sight, out of mind. The United States has only 5% of the world's population, yet a full 25% of the world's prisoners. At 2.5 million, the US has more prisoners than even China does with five times the population of the United States. 8 million Americans (1 in every 31) languish under some form of state monitoring known as correctional supervision. On top of that, the security and livelihood of over 13 million more has been forever altered by a felony conviction. The American use of punishment is so pervasive, and so disproportionate, that even the conservative magazine The Economist declared in 2010, never in the civilized world have so many been locked up for so little. The project will unfold over a two year period, beginning with the release of this feature-length documentary and then continuing on with the release of short films and complete interviews from each of the 100 participants in the project, meant to represent the 1 in 100 Americans that are currently sitting behind bars.
thinkahol *

Throw Out the Money Changers - 0 views

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    These are remarks Chris Hedges made in Union Square in New York City last Friday during a protest outside a branch office of the Bank of America.
thinkahol *

Newly leaked documents show the ongoing travesty of Guantanamo - Glenn Greenwald - Salo... - 0 views

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    Numerous media outlets -- The New York Times, The Washington Post, The Guardian, The Telegraph, and NPR, among others - last night published classified files on more than 700 past and present Guantanamo detainees. The leak was originally provided to WikiLeaks, which then gave them to the Post, NPR and others; the NYT and The Guardian claim to have received them from "another source" (WikiLeaks suggested the "other source" was Daniel Domscheit-Berg, a former WikiLeaks associate who WikiLeaks claims took, without authorization, many WikiLeaks files when he left). The documents reveal vast new information about these detainees and, in particular, the shoddy and unreliable nature of the "evidence" used (both before and now) to justify their due-process-free detentions. There are several points worth noting about all this:
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