There is an alternative to maximizing profits (tags)
In a new encyclical, the Pope denounces the pursuit of profit. The Sonntagszeitung spoke about this with the business ethicist Peter Ulrich. He defends the Holy Father, criticizes the managers and calls for economy for fifth graders..Financial products seek to make money out of money, without the inconvenient real economy.
Digitization and poverty (tags)
Technology is replacing human labor. .. A widely acclaimed study by Carl Frey and Michael Osborne estimates that 47 percent of U.S. jobs in manufacturing, retail, or service industries such as medicine, banking, or architecture are at risk.
The Pacifica Radio Network and "local control" (tags)
SaveKPFA are the majority caucus on the elected KPFA Local Station Board (LSB). Their delegates to the Pacifica National Board (PNB) are also in the majority there. "Local control" has always been a main plank of their platform, but in February, the PNB cast a vote that seemed to institutionalize the exact opposite.
36 Billionaire Hedge Fund Managers Invested in War, Warmonger Media, Animal Slaughter, Def (tags)
Who manages your state retirement funds, your corporate pensions? Who invests Social Security trust fund money?
Garda Security Employees at Bowie, MD SPEAK OUT Against Garda Cash Logistics (tags)
The purpose of this letter is to bring to light serious violations of ethical standards, company policies, DOT regulations and State law that have been committed by the Garda security management at the Bowie, MD Branch.
Right to Rent and Social State as Prosperity Motor (tags)
The Scandinavian countries show that more social equality can be combined with more education and economic growth and less unemployment and poverty. Humanity is rich when wealth is shared.
Barnes and Noble Continues to Persecute the Disabled (tags)
Aliso Viejo's Barnes and Noble has been caught repeatedly harassing and persecuting disabled customers
Brief Anaylsis Of LA and Seattle Occupations (tags)
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Emergency Brake for Speculators (tags)
The private indebtedness brought about by unscrupulous financial managers mainly in the US was almost completely transferred to state budgets.
"Tim Geithner made clear the US government does not plan any breach with disaster capitalism....No wonder Wall Street cheers. New life is breathed into speculation at state expense with junk securities.."
Welch's Marvelous Transformation (tags)
Nearly all the excesses summarized unter the terms turbo- or casino capitalism are based on the ideology of shareholder value: the rule of financial markets over the real economy, the short-term and short-sightedness of shareholders and waves of rationalizations."
Fallen Stars: On the Greed of Bankers and a New Morality (tags)
The economic ethicist Ulrich Thielemann explains how greed, false theories and the herd instinct caused the massive financial crisis. They had the theory when we make profits that is ultimately good for everyone.
Making Profits and Not Dismissing Workers (tags)
Having money is not reprehensible. But thinking I am an achiever and make my life myself is incompatible with the Christian faith. Productivity is a grace or gift. The pressure to perform is brutal. Many are in such a hamster wheel they no longer reflect about the meaning of the whole and the shortness of their life.
Rich of the World, Enrich Yourselves! (tags)
Financial jugglers speculating with food, oil and other raw materials caused double-digit inflation and made staple foods like rice and wheat into luxury items for millions. Neoliberalism with one blow managed to drive nation states to the defensive.
Tribunal for Speculators (tags)
The collapse of the delusional neoliberal idea frees our view for the necessity of a completely different society and a planetary social contract. Bankers are jungle highwaymen. Investments only pay where human rights are realized. The price of rice soared 83% within only six months.
"The Financial Crisis has made Heroes out of Rogues" (tags)
The state should make the economy more social and democratic. The conversions of Gordon Brown, Angela Merkel and Peter Steinbruick from market fetishism to state optimism were cabaret-style conversions. Democracy should dominate the economy.
The Rescuers of Capitalism (tags)
Banks all over the world bought these speculative objects through subsidiaries called "special conduits" that did not appear on the official balance sheets. The mortal sins of the economy are the specualtive practices, not state interventions.
A whole manager generation will have to be retrained or change its ideas. Life is measured in money by such people becaused they learned this as the ultimate truth in their training, not because they are immoral or amoral. Countries that once amassed dollars to buy oil are now unloading dollars to diversity their holdings.
Farmers Branch TX, OK’s Racist Anti-Migrant Law (tags)
The racist electorate of Farmers Branch, Texas has approved by a 68% – 32% (preliminary results) vote, an ordinance that would fine landlords and property managers $500.00 for renting to the undocumented.
Direct Action Gets the Goods! IWW Chicago Victory for Unpaid Worker (tags)
IWW picket wins back wages for unpaid worker in Chicago, IL
RIAA targets indie musicians and rappers (tags)
Recently, the RIAA has begun targeting underground musicians, arguing that CD-R sales constitute pirated material. The story takes a look at the RIAA's undercover tactics, provides court documents and context to this issue.
Corporate Boards lacking minorities and Independence (tags)
At Boston-area companies, minority board directors are truly in the minority: 2.5% are African-American, 1.4% are Asian, >1% are Latino, and none are Native American.
Internal documents suggest a campaign to suppress evidence in a pay-bias lawsuit
Makes you wonder what these tapes said? (tags)
Makes you wonder what these tapes said? FAA Managers Destroyed 9/11 Tapes Recordings Contained Accounts of Communications With Hijacked Planes
Wal-Mart – the nation’s worst workplace bully (tags)
With $7 billion in profits squeezed from the labor of one million workers at 3,250 stores across the country last year, Wal-Mart deserves its reputation as the nation’s worst “workplace bully.”