Tag: employment

Yes, comrades, we need to talk about crises again, the term recession simply does not explain what is really going on! Just in case you might not have noticed or perhaps the mainstream media where you live ignored it, the obvious has happened and the end of the so-called recession has disappeared into the fantasy novel. Once again there is a slowdown in growth and the financial markets are not particularly happy. This time, Germany and China are showing signs of slowdown. Globalisation has not ended the potential towards crises in the capitalist economic system; in fact, the greater interconnectedness of the world economy has exacerbated the situation and ensured that the contagion spreads.  

For those who believe the fantasies of neoliberal economics, the shock of these latest failures of neoliberalism must come as a surprise. But for those of us that have been warning of the stupidity of squeezing wages and destroying work conditions, rising inequality in income and wealth, the dangers of export-led growth when wage incomes are being squeezed meaning that unless governments become the sole purchasers of goods and services that are being produced (and they are not) that obviously there comes a point when working people cannot purchase goods and services as their incomes are too low, wiping out of savings  has happened and personal indebtedness leads to default and bankruptcy. Neither of these things helps to maintain capitalist growth, accumulation and profitability in the long run; forget that, it hasn’t even lasted in the short run.

I will be giving a run through on what is going on and why our lives feel as though we are living through the Shock Doctrine (which we are) then address the proposals of dealing with persistent unemployment under capitalism from the Left on which there is significant disagreement.

Author’s Note: Hi everybody! Welcome to a participatory diary. That’s right, participatory. I’m offering this up as an exercise for everyone to try. The original text is  an explanation of the exercise and why I’m suggesting it, followed by a couple of examples. Then, it’s up to you to complete the diary. Add comments with your own examples and I’ll build out the diary with your content. Let’s see what the whole feels like when we make an attempt to respond to the State of the Union address together. When we make a conscious effort to dig into the principles we find buried in the speech and compare them to the principles we would like to live by, how aligned do they feel?

We’ve heard a lot of responses this week to President Obama’s State of the Union Address. What I find persistently frustrating with any US political speech the lack of unpacking the “capitalist”, “democratic” and “American Way” framework. Or rather, the lack of establishing the principles behind what is being said to see whether it’s fits with the principles and values that we hold.

I have not framed this diary as an “anti-capitalist” one. I am suggesting that regardless of how you feel about capitalism, you might find it useful to analyze what another capitalist is saying by setting aside the supposed common ground of capitalism and searching for what values are reflected in what is being said. Capitalism isn’t a value. It’s a type of economic system. When we identify as a capitalist, however, we probably attach a value system to that identity. What I’m wondering here is whether everyone attaches the same value system. Do you even know if the speaker has the same value system as you?

I am someone who gets frustrated when people try to make decisions or solve problems together without establishing their shared principles. “Capitalism” is not a principle. Principles are about values and beliefs. They are guides to how we behave, how we treat one another. You could claim to be a capitalist and believe that everyone has a right to food and shelter. You could claim to be a capitalist and believe that food and shelter are not rights, they must be “earned.” Those are mutually exclusive principles which two different people are claiming as part of the capitalist construct. If they simply greet each other as capitalists, it is possible for them to think they are aligned when they are not. This opens the door for misunderstanding, at best, and deception, manipulation and oppression, at worst.

Is that happening in this speech? The answer to that and the places where we feel it is happening may be different for each person. Hence, the participatory nature of this diary. What feels unaligned for me may feel aligned for you and vice versa. But, perhaps, we’ll find some common threads of values that we would like to see underpinning our governance and social life. Perhaps ….

In a press release, Massachusetts Senator Elizabeth Warren along with five other Senate Democrats announced the introduction of legislation to end the practice of some employers to require a job applicant to disclose their credit rating.

Senator Warren Introduces Legislation to Prohibit Employers from Requiring Credit Report Disclosure

Dec 17, 2013

Fact Sheet is Available Here (pdf)

Text of the Legislation is Available Here (pdf)

Washington, DC – United States Senator Elizabeth Warren (D-Mass.) today introduced the Equal Employment for All Act with Senators Richard Blumenthal (D-Conn.), Sherrod Brown (D-Ohio), Patrick Leahy (D-Vt.), Edward J. Markey (D-Mass.), Jeanne Shaheen (D-N.H.), and Sheldon Whitehouse (D-R.I.). The legislation would prohibit employers from requiring potential employees to disclose their credit history as part of the job application process. It was previously thought that credit history may provide insight into an individual’s character, but research has shown that an individual’s credit rating has little to no correlation with his or her ability to be successful in the workplace.

“A bad credit rating is far more often the result of unexpected medical costs, unemployment, economic downturns, or other bad breaks than it is a reflection on an individual’s character or abilities,” Senator Warren said.  “Families have not fully recovered from the 2008 financial crisis, and too many Americans are still searching for jobs. This is about basic fairness — let people compete on the merits, not on whether they already have enough money to pay all their bills.”

A study from the Federal Trade Commission earlier this year suggested that errors in credit reports are common and, in many cases, have been difficult to correct.  “It makes no sense to make it harder for people to get jobs because of a system of credit reporting that has no correlation with job performance and that can be riddled with inaccuracies,” Warren said. [..]

Senator Warren’s bill is based on H.R. 645, which was introduced by Congressman Steve Cohen (TN-9) in 2011.

Sen. Warren joins the host of MSNBC’s “All In” Chris Hayes to talk about her bill to stop employers from using an applicant’s credit score in the vetting process.

Take Action and sign the petition to support Equal Employment for All Act and end the practice of denying employment based on credit scores,

For Preventing the Poor People in Britain from being a burden to Their Country, and For Making Them Beneficial to The Public

Un hommage á Jonathan Swift

Whenever I travel the country and listen to the newscasts and read the papers, it has become evident that the poor are a significant burden upon the country. Instead of working, women go begging at food banks to provide for their children.  Others sit on the streets with their offspring begging money from their betters. Clearly these lazy creatures assume that we as a society have some responsibility to ensure the existence of their offspring. Moreover, since they have to care for their children, they obviously have no time to actually work to provide for their existence. Their lack of property and their inability to ensure their and their offspring’s survival is threatening the very nature of our society.  

Economist Richard Wolff discusses how austerity is making economic problems worse and the cure for these economic woes.

As Washington lawmakers pushes new austerity measures, economist Richard Wolff calls for a radical restructuring of the U.S. economic and financial systems. We talk about the $85 billion budget cuts as part of the sequester, banks too big to fail, Congress’ failure to learn the lessons of the 2008 economic collapse, and his new book, “Democracy at Work: A Cure for Capitalism.” Wolff also gives Fox News host Bill O’Reilly a lesson in economics 101.

   AMY GOODMAN: Professor Wolff, before we end, I want to turn back to the crisis in Cyprus and relate it to what’s happening here. Bill O’Reilly of Fox News warned his audience last week that Cyprus and other European countries are facing economic hardships because they’re so-called “nanny states.”

       BILL O’REILLY: Greece, Italy, Spain, Portugal, Ireland, now Cyprus, all broke. And other European nations are close. Why? Because they’re nanny states, and there are not enough workers to support all the entitlements these progressive paradises are handing out.

   AMY GOODMAN: That’s Bill O’Reilly of Fox News. Richard?

   RICHARD WOLFF: You know, he gets away with saying things which no undergraduate in the United States with a responsible economic professor could ever get away with. If you want to refer to things as nanny states, then the place you go in Europe is not the southern tier-Portugal, Spain and Italy; the place you go are Germany and Scandinavia, because they provide more social services to their people than anybody else. And guess what: Not only are they not in trouble economically, they are the winners of the current situation. The unemployment rate in Germany is now below 5 percent. Ours is pushing between 7 and 8 percent. So, please, get your facts right, Mr. O’Reilly.

   The nanny state, you call it, the program of countries like Germany and Scandinavia, who tax their people heavily, by all means, but who provide them with social services that would be the envy of the United States-a national health program that takes care of you, whether you’re employed or not, and gives you proper healthcare. In France, for example, the law says when you go to work, you get five weeks’ paid vacation. That’s not an option; that’s the law. You get support when you’re a new parent for your child care and so forth. They provide services. And they are successful in Germany and Scandinavia, much more than we are in the United States and much more than those countries in the south.

   So they’re not broken, the south, because they’re nanny states, since the nanny states, par excellence, are doing better than everyone. The actual truth of Mr. O’Reilly is the opposite of what he says. The more you do nanny state, the better off you are during a crisis and to minimize the cost of the crisis. That’s what the European economic situation actually teaches. He’s just making it up as he goes along to conform to an ideological position that is harder and harder for folks like him to sustain, so he has to reach further and further into fantasy.

H/t Heather at Crooks and Liars

Capitalism efficient? We can do so much better

by Richard Wolff, The Guardian

For all its vaunted efficiency, capitalism has foisted wasteful inequality and environmental ruin on us. There is an alternative

What’s efficiency got to do with capitalism? The short answer is little or nothing. Economic and social collapses in Detroit, Cleveland and many other US cities did not happen because production was inefficient there. Efficiency problems did not cause the longer-term economic declines troubling the US and western Europe.

Capitalist corporations decided to relocate production: first, away from such cities, and now, away from those regions. It has done so to serve the priorities of their major shareholders and boards of directors. Higher profits, business growth, and market share drive those decisions. As I say, efficiency has little or nothing to do with it.

Many goods and services once made in the US and western Europe for those markets are now produced elsewhere and transported back to them. That wastes resources spent on the costly relocation and consequent return transportation. The pollution (of air, sea and soil) associated with vast transportation networks – and the eventual cleaning up of that pollution – only enlarges that waste.

Burning the Midnight Oil for Living Energy Independence

Express HSR is sexy. Indeed, its sexy enough that when Big Oil propagandizes against it, they have to paint it as too expensive or something that America is too incompetent to handle, since the idea of sitting in an actually comfortable rail seat, watching a movie on a laptop or snacking on a sandwich while flying along at two to three times highway speeds, “just like in France or Japan or Spain”, that’s too appealing to convince a big majority of people that it would be anything but nice to have. So they have to con people into thinking of it as an unrealistic pipe dream that the US can do what Spain has been doing for a decade, France for three decades, and Japan for half a century.

Rapid Rail is not as sexy as Express HSR, but at least it is as fast as driving for most drivers on most corridors, and appreciably faster than driving on the corridor with the “best bones”, like either Cleveland / Columbus or Davenport / Des Moines / Iowa wold be at 110mph top passenger speed. And it is much cheaper than Express HSR, with lots of potential corridors that local residents will start lobbying for once the first of the Rapid Passenger Rail services come into service.

But conventional long haul rail? Surely plodding along at 50mph to as slow as 30mph on heavy freight rail corridors is an obsolete holdover from an earlier time?

Well, no. Conventional long haul rail has a 21st century role to play, if the United States should declare Economic Independence and start working to regain the economic freedom that we surrendered to the Big Oil and the oil exporting regions in the 70’s and 80’s.

And so, in this evening’s Sunday Train, we look at the “PRIIA Section 210” plans that Amtrak has developed for the five weakest of its fifteen long distance corridors: the California Zephyr, the Capitol Limited, the Cardinal, the Sunset Limited, and the Texas Eagle.

Burning the Midnight Oil for Living Energy Independence

Steel Interstate (noun): A Network of Electrified Heavy and Rapid Rail corridors that will allow the United States to remain a sovereign national economy.

Integrated into the Steel Interstates are Electricity Superhighways to connect Renewable Energy Resource areas to each other, to substantially increase the stability of the available Renewable Energy Supply, and to Energy Consumers, to ensure that no rich Renewable Electricity Resource goes untapped for lack of access to a electricity markets.

This is something that the United States should do. Depending on the twists and turns of international energy markets in the coming decades, it may be something the United States must do, to remain a coherent national economy.

If the efforts of Big Oil and Big Coal are successful, it is the kind of thing that America will not be able to do.

Yet, I believe it is something that the United States actually can do.

Burning the Midnight Oil for Living Energy Independence

This week’s Sunday Train is a trio of shorter topics. The first is a research development project to develop a modern steam train to run on biocoal. The target is a sustainable steam train that, as a headline grabber, will attempt to run at 130mph and break the world steam train speed record. There’s much to like about this research development project … but I am going to argue that biocoal to operate trains is not it.

Second, SF’s MUNI transport agency is one of the ten agencies slated to split $760m in Prop1a(2008) bond funds improvements to systems interconnecting with the planned High Speed Rail system. The balance of the $950m goes to the three existing Amtrak California intercity rail services, the Capitol Corridor, the San Joaquin, and the Surfliner.

Odd thing is, the proposal that SF MUNI is setting forward doesn’t actually connect to the proposed HSR system? What’s up with that, after the break.

And third, a speculative look at an alternative technology that SF MUNI might deploy that money on, that actually would connect with the HSR system at the Transbay Terminal, as well as connecting to BART, the MUNI light rail network, the existing (and proposed alternative) Caltrain terminus at 4th and King, and provide express transit service along Geary Blvd.

So instead of the traditional long trip, Sunday Train for Memorial Day Weekend has three short exursions. Join us for one, two, or all three, after the break.

Burning the Midnight Oil for Living Energy Independence

The Iowa Department of Transport has just completed the Chicago to Omaha Regional Passenger Rail System Planning Study, to select its preferred alignment for a detailed Environmental Impact Report.

There were five alignments in the study, based on the five historical passenger rail services between Chicago and Omaha. From north to south, these are: the Illinois Central; the Chicago & Northwestern; the Milwaukee Road; the Rock Island Line; and the Burlington Line. The study also included one combined alignment, based on where the Burlington Line and the Rock Island Line cross in Wyanet in western Illinois.

The combined alignment is the one selected, taking the Burlington alignment out of Chicago, and then taking the Rock Island line to Moline in the Quad Cities on the Illinois / Iowa border and through Iowa City and Des Moines to Omaha (probably via Council Bluffs, but that has yet to be determined).  

Burning the Midnight Oil for Living Energy Independence

Kings County officials have been opposed all proposed routes:

Board members said no high-speed rail route through Kings County would be acceptable while denouncing the Authority and its Fresno-to-Bakersfield environmental impact report.

“I think we should come out and oppose high-speed rail in Kings County, no matter what alignment they have,” said Supervisor Tony Barba during a discussion of the county’s official response to the EIR, which is due Thursday. He was applauded by a large crowd that nearly filled the Board of Supervisors’ chambers at the Kings County Government Center.

And then they opposed getting started on California HSR:

HANFORD – Kings County supervisors on Tuesday will likely ask three key legislators to delay high-speed rail funding until the project resolves local conflicts.

…

The Legislature is expected to vote in June whether to spend $2.7 billion in state bond money on the project, which has created major controversy in the San Joaquin Valley and stoked opposition from several cities and counties who believe it should be scrapped.

Denying the funding would stop the Authority from starting construction in Fresno later this year or in early 2013.

And now, County officials seek to preserve Amtrak :

…

But Authority officials have recently entered into discussions with Kings County to see if Amtrak service through Hanford and Corcoran can be preserved, said Larry Spikes, Kings County administrative officer. Downtown stations are considered critical to cities’ local economy.

Authority Board Chairman Dan Richard couldn’t be reached for comment.

“Taking Amtrak right out of the heart of Hanford and Corcoran is just not a good idea,” Spikes said.

So, don’t want the HSR Station in town, don’t want the HSR to go outside of town, and wants Amtrak to be continued to Hanford and Corcoran at slow speed when the San Joaquin after the high speed route between Merced and Bakersfield becomes available.

What I am looking in this week’s Sunday Train is a different way to go about this that provides a mix of local and intercity transport benefits to the major county centers: the Fresno Regional Rail Corridor.