March 23rd

March 22nd

This is an amazing talk I am only just catching up on.  Even if you only watch the first 5 or 10 minutes it will give you an insight to what is coming down the pike in terms of Unemployment, youth activism and fascism.

Link here

March 21 2016

AI replacing jobs:

RBS Goes to Robo-Advisors, Fires Hundreds; Real Advisor Requires £250,000

Inequality and Tax avoidance are important issue in 2016. As both income and wealth inequalities increase the central contradiction in the capitalist system become further exposed.

Henry Ford understood clearly that he needed to pay his worker enough so they has a chance of being able to buy his cars. But now as income for the majority either stagnates or declines in real terms then there is not enough effective demand in the system to attract investment and one of the central tenant breaks.  That is the Savings = Investment. Now wealth is being stored and not invested.  This is not some extreme Marxist fantasy. The OECD is hardly a left wing organisation so its worth having a look and what they say on this matter.