Archive for economics

American Dream Fallout

Posted in Critical Commentary of Civilization, Economics, POB Audio, Politics, Uncategorized with tags , , , , , , , , , , on December 11, 2016 by Drogo

In the Wake of the Great Recession the American Dream Dies

“The American Dream is a crucial thread in this country’s tapestry, woven through politics, music and culture. Though the phrase has different meanings to different people, it suggests an underlying belief that hard work pays off and that the next generation will have a better life than the previous generation. But three years after the worst recession in almost a century, the American Dream now feels in jeopardy to many…” “Economic statistics validate those feelings. According to the Census Bureau, an average man working full time made 10 percent less money last year than he did a decade ago.” [Read full story at NPR – American Dream Faces Harsh New Reality]

“New economic research shows Americans are no longer as likely to make more than their parents did at the same age…The American dream is harder to attain than it used to be. People may have felt that for a long time. Now there’s a body of research to back that up. One definition of the American dream is that your children will make more money than you did. Now economists have charted the percentage of people who make more than their parents did at the same age, and the picture is striking…” (adjusted for inflation) If you were born in 1940, you had a 92% chance that you would make more money than your parents did, because of national economic growth. For those born in 1980 it has fallen to 50%. Besides changes in educational and industrial labor, the main economic reason most people are not out-earning their parents is that corporate productivity gains go disproportionately to the few people at the top. Income inequality between the poor and the rich is the main problem. [Read full story at NPR – Economists Chart ‘Index Of The American Dream‘]

“Income Inequality Impairs The American Dream of Upward Mobility.” [Read and Listen to the full story at NPR – Debate: Does Income Inequality Impair The American Dream?]

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Like a phoenix we can rise from the ashes and co-create a new American Dream!

 

95 Million Americans Not Employed

Posted in jobs, Uncategorized with tags , , , , , , , , , on December 10, 2016 by Drogo

95,055,000 Americans have no employer-job income in 2016!

For some reason, the public media ‘Unemployment Reports’ from the US Department of Labor are not listing the largest and most important number. According to their own data charts (which do not copy well as a direct link for specific info, perhaps on purpose) the Bureau of Labor Statistics ‘Household Data’ Table A-1; in November 2016 there were over 95 Million Americans ‘not employed’ total. To clarify, over 95,000,000 adults have no ‘outside-the-family-home’ income (using the ‘not in the labor force’ chart). Many adult workers have no formal income in America. Over 38 million men and almost 57 million women, of those jobless are adults over the age of 16 (using the seasonally adjusted charts).

Here is an article link that explains the ‘Real Unemployment Rate‘.

The total population of the USA is 324,954,000. The US civilian population of adult citizens between the ages of 15-65 is apx. 206,189,000 (male + female) [Wikipedia]; of those 152 million are ’employed’ (includes over 7 million unemployed), and 95 million are not included. About 152 million employees are having to support 95 million other adults of all ages AND all the 62 million children. Although we have men and women working formal or informal paying or volunteer jobs, the ratio of income is perhaps about the same as before Equal Rights (152/157). Worse yet the economy shows no signs of improving, and based on the facts appears to be getting worse every year (accounting for inflation ratios).

There is a pattern trend in relation to the number of years (from 1975-2016) and the unemployed numbers (58 million to 95 million). In 1975 the total ‘jobless population’ was 58,627,000 (over 16 years of age). So since 1975 the ratio of population to non-employed has at least doubled. Our total population has grown in that time (1975-2016) only a little over 100 million more; therefore the disproportionate numbers means that although the total population only grew by 1/3, the jobless population grew by 1/2. ‘Fact-checkers’ claim numbers not included (people in school or elderly over 65) reduce 95 million to 20 million, but I am not convinced and have not yet verified their numbers [Politifact]. I believe counting students over 16 as potential PAID labor force is fair (as they should not be slaves), so if we subtract 40 million elders (population over 65 not verified) that still leaves 55 million adults with no official income that should be getting a living wage if we believe that people have a right to life.

This data makes a parabola chart showing perpetual rapid job loss by the millions within decades. In one generation the masses could all be slaves to corporate plutocracy, with no ability to vote on anything except American Idol, will own less and less property, and will become more impoverished with each generation. One conclusion could be that we are indeed long overdue for major reform, we have been misled by our leaders, and real revolution is needed. The Green Party, SCOD, and others are by necessity already exploring alternative grass-roots economies. We should also break up the Federal government into smaller sections of states (by time-zones), each with democratic directly elected presidential councils. The system trend resembles a Plutocracy that keeps the masses enslaved only to benefit the wealthy elites.

jobless-chart-copy

Commercial Corporate vs Local Community Income

Posted in Economics, Services, Sales or Trade, Sustainability, Uncategorized with tags , , , , , , on July 30, 2016 by Drogo

As I network locally, nationally, and globally; I feel a need to talk about jobs and how less and less of us have less and less jobs, and the more education we have, the less ethical jobs are available.

Commercial corporate, industrial factory, or other greed and pollution based jobs that I and most other workers have to pay minimum wage bills are not the answer anymore. Based on the economic market since the Great Recession, there will be less of those unethical jobs. Also more of us are becoming educated about the environment, pollution, history, economics, politics, and civil rights; so less of us will want to have those jobs as we know they will affect us adversely psychologically and combined with over-population will continue to destroy our environment. Scientists seem to be saying that humans have been rapidly destroying entire species of life, but civilized people have taken no substantial actions to stop or undo pollution and killing world-wide or at home; as it would mean going to war with greedy powers.

Local community economies must become more substantial. Meetings should be held to discuss which technologies are important to us, and which ones are destroying our ability to sustain ourselves. Income based living is a fairly new concept, in the history of human existence on this planet, and we now can clearly see the out-come of Capitalist based economies: Bernie ‘Made-off’, ‘Greedy’ Greenspan, Dan Ryan, and Donald Trump. Artists and humanitarians of all kinds have been made to suffer, and told we are not worth anything and should not be able to pay our bills doing what we love and do well, which is to be alive by the grace of Nature and allowed to express our talents in the service of ourselves and others. Instead we have been told by the dominant system that only corporate or government slave labor is practical service.

I believe we have been born into a corrupt system that is wrong. I have written, and will be writing more articles about these issues. I invite you to contact SCOD (Sustainable Cooperative for Organic Development), and please express yourself and tell the world that you have a right to live, helping the community as best you can where-ever you are located; whether you are the most energetic and able bodied person; or all you are best at is being able to write, draw, or speak. Human rights should begin with allowing life, liberty, and the pursuit of happiness; and to me that means being allowed to live in a home even you cannot earn any money.

The answer as to what kind of economy we need, clearly will be based on what our needs are currently, while planning for the future. Few people think about how things will get worse, and how we can make them better. It begins with finding people locally that you like and have some ability to help you to live better; artists, gardeners, trades-workers, singers, farmers, bakers, or cooks etc… then paying them or trading with them. Next it will take changing our state or national economic system, and making the rich corporate politicians that rape the planet pay for their greedy deeds entirely. Allow the rest of us poor people (that cannot afford our own homes) to live our lives, with an ‘affordable’ living. All people should be given enough to live on by a government, rather than spending the same money on War and Plutocrats. This is sometimes called the ‘basic living wage’ concept; but it goes beyond wages and addresses the ‘right to life’.

More on this later in my books….

  • Drogo

Bullshit Jobs

Posted in Book Reports, Critical Commentary of Civilization, Uncategorized with tags , , , , , , , , , , on February 29, 2016 by Drogo

Summary of an Article on Bullshit Jobs

There is another scholar doing research on a question I have been asking for years.

Why after thousands of years of civilization, with all our modern technology and complex sociology and even despite higher educations, do most of us have less ‘free time’ than ever before? It does seem as though we are slaves to the ‘machine’ of the systems of society.

“Rather than allowing a massive reduction of working hours to free the world’s population to pursue their own projects, pleasures, visions, and ideas, we have seen the ballooning not even so much of the ‘service’ sector as of the administrative sector, up to and including the creation of whole new industries like financial services or telemarketing, or the unprecedented expansion of sectors like corporate law, academic and health administration, human resources, and public relations. And these numbers do not even reflect on all those people whose job is to provide administrative, technical, or security support for these industries, or for that matter the whole host of ancillary industries (dog-washers, all-night pizza deliverymen) that only exist because everyone else is spending so much of their time working in all the other ones. These are what I propose to call ‘bullshit jobs.’ what does it say about our society that it seems to generate an extremely limited demand for talented poet-musicians, but an apparently infinite demand for specialists in corporate law? (Answer: if 1% of the population controls most of the disposable wealth, what we call “the market” reflects what they think is useful or important, not anybody else.) in our society, there seems a general rule that, the more obviously one’s work benefits other people, the less one is likely to be paid for it. Clearly, the system was never consciously designed”; but the way things are does serve the 1%, and a simmering resentment is fostered against anyone whose work has clear and undeniable social value or appeal. “It emerged from almost a century of trial and error. But it is the only explanation for why, despite our technological capacities, we are not all working 3-4 hour days.”

– David Graeber is a Professor of Anthropology at the London School of Economics. His most recent book is, ‘The Democracy Project: A History, a Crisis, a Movement’.

SCOD Economic Theory

Posted in Economics, Organic Development, Uncategorized with tags , , , , , , , , , , , on January 16, 2016 by Drogo

Imagine for a minute that Capitalism was not ‘the only economic system that works’, as popular opinion believes; but instead that Capitalism is a failed system by humanitarian standards, that greedy people perpetuate so that no government can ever serve its’ citizens democratically. Most conservative capitalists would rather see church morality imposed on the masses, because that is their only response to the failings of Capitalism. When homeless get no government support, the capitalists will say “if they are too lazy to work, then they should find a church to take pity on them.” When a crazy person wants to exercise their amendment rights, rather than recommending they get help or take free medicine, the capitalists will say “they need to commit a crime so that we can put them in prison”. What if instead of trying to cover up for the failings of a selfish individualist economic system, we instead worked hard to practice an economic system that is for the common good, with its own built-in ethical code? SCOD economic theory is a combination of trade-barter and spiritual morality*. SCOD theory uses a sensible code of economic ethics* to foster transactions.

Offer only as much as you can spare, do not gamble all that you have. The higher your price is, the less you want to exchange it. Before finalizing a trade, consider how the transaction will affect the other party; if that trade will hurt them and they are ethical traders, then cut them a bonus break-deal. A bonus break-deal is when you give them MORE than they asked for, because you appreciate them as an ethical individual.

Mutual trade with ethical responsibility and humanitarian benefit.

*morality is more to do with religious dogma of reward and punishment, and ethics is more about common sense and having social respect for the good of the whole community.

Lessons of the Great Depression

Posted in Economics, Sustainability, Uncategorized with tags , , , , , , , , , , on January 8, 2016 by Drogo

Causes, Effects, and Importance of the Great Depression 1929-39

The common assumption is that the greatest economic depression in modern history was triggered by the stock market crash of 1929, which caused panic sell-off. However there are other theories which are more fact-based and categorically explain the order of events during that period of time. The Great Depression is vital to remember, for all citizens regardless of economic involvement, because it shows that markets can take a 10 year down turn, and rebound overall; yet many people may lose everything in the process.

Keynesian institutional theory focuses on ‘spending demand’ as the key economic factor. Spending demand is related to consumer confidence. Monetarists believe that the Federal Reserve Bank should print more money, and allow the largest companies to profit MORE during a recession, in hopes that they will hire more I suppose; which is stupid because history shows that they keep profits and reduce work force during a ‘down turn’. Banks and companies tend to ‘hunker down’ during economic down-turn, so propping them up is NOT a solution to democratic economic health of citizens who may starve to death while companies replace their jobs with the cheapest solutions. Central bankers and Corporate CEOs are the new royalty in an oligarchy given power by commercial capitalist greed.

The effects are important to note – DO NOT put all your money into stocks, and then pull them out when their value is low, because people have lost all their savings that way!!! Those that do well, use bonds and diversify assets (cds, mutual funds, safe stocks). If they cash out their investments, they do so only when the amount they remove is MORE than what they put in. If someone invests with a company that goes bankrupt and stocks never go back up, that is a permanent loss.

The importance of the Great Depression is that memory of it shows that government economies may seem to fail over a period of 10 years, but after the 10 years, it can inflate back up at the SAME prices as before the deflation period. This may be due to exponential growth of population, greed of the oligarchy, and general stability of civilization. For civilization to fail significantly enough to cause a greater depression, a global catastrophic event would have to happen, the likes of which would have to at least be closer to the fall of the Roman Empire, if not greater. Debts become greater during monetary deflation. There can be no doubt that any greed driven system like Capitalism will be volatile and hostile to all classes confined within it. The failings of democracy within tyrannical Capitalism, shows that Capitalism has failed us only slightly less, but increasingly more, than the despotic models that crushed the inherent popular good will of Marxism before it (see USSR) even began. However if you can play the system with enough money, invest in environmental companies, because some companies are better for life on the planet than others. There are corporate investment companies waiting to take your order!

Sadly war and borrowing got us out of the Depression. Why can’t peace and saving get us out of the Recession?

Systems of Government and Economics

Posted in Critical Commentary of Civilization, Economics, Philosophy, Sustainability, Uncategorized with tags , , , on November 28, 2015 by Drogo

There are some good systems of government and economics, but human failings can ruin any system, as there is no perfection of any state in reality. Humans have misused cases of Communism as much as they have misused cases of Capitalism. You can argue that one system is better than another, but perpetuation of one system does not mean that it is successful; for example a king may rule for many years but that does not mean that they were good to their people. Jesus showed that Communism could be a wonderful thing, if limited by size and time; just as many business people may think Capitalism is good, while it most certainly hurts many people who cannot compete. Democracies can fall victim to mob rule of the ignorant masses, just as Republics can be controlled by Capitalist corporations as an Oligarchy and Plutocracy. Greedy and lazy and psychotic people will abuse any of these systems.