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The Precariat: The New Dangerous Class by Guy Standing
8-hour work day, banking crisis, barriers to entry, Bertrand Russell: In Praise of Idleness, call centre, Cass Sunstein, centre right, collective bargaining, corporate governance, crony capitalism, deindustrialization, deskilling, fear of failure, full employment, hiring and firing, Honoré de Balzac, housing crisis, illegal immigration, immigration reform, income inequality, labour market flexibility, labour mobility, land reform, libertarian paternalism, low skilled workers, lump of labour, marginal employment, Mark Zuckerberg, means of production, mini-job, moral hazard, Naomi Klein, nudge unit, pensions crisis, placebo effect, post-industrial society, precariat, presumed consent, quantitative easing, remote working, rent-seeking, Richard Thaler, rising living standards, Ronald Coase, Ronald Reagan, science of happiness, shareholder value, Silicon Valley, The Market for Lemons, The Nature of the Firm, The Spirit Level, Tobin tax, transaction costs, universal basic income, unpaid internship, winner-take-all economy, working poor, working-age population, young professional
Ecologically, such subsidies favour resource use at the expense of resource conservation. Then there are subsidies for enterprise benefits; these lower the demand for workers doing low-productivity services. And, as will be shown, enterprise benefits are a burden on youth since old agers and migrants are more prepared to labour without them. Labour subsidies, including earned-income tax credits and marginal employment subsidies, are also in reality subsidies to capital, enabling companies to gain more profits and pay lower wages. They have no economic or social equity justification. The rationale for the main labour subsidy, tax WHY THE PRECARIAT IS GROWING 55 credits, is that as the poor and less educated in rich countries face the stiffest competition from low-cost labour in developing countries, governments need to subsidise low wages to provide adequate incomes.
Creating Unequal Futures?: Rethinking Poverty, Inequality and Disadvantage by Ruth Fincher, Peter Saunders
barriers to entry, ending welfare as we know it, financial independence, full employment, Gini coefficient, income inequality, income per capita, labour market flexibility, labour mobility, low skilled workers, low-wage service sector, marginal employment, minimum wage unemployment, New Urbanism, open economy, pink-collar, positional goods, purchasing power parity, shareholder value, The Bell Curve by Richard Herrnstein and Charles Murray, urban planning, urban renewal, very high income, women in the workforce, working poor, working-age population
All parties have a strong interest in seeing the redundant workers find new employment as soon as possible so as to reduce the demand on their contribution (Schmid and Auer 1998, p. 20). In summary, the innovative part of this notion of transitional labour markets is that it moves beyond seeing incomes policy as just alleviating ‘poverty’, and embraces questions of social inclusion. And social inclusion means working in jobs based on proper social standards when it comes to wages and hours, not working in low-quality jobs which marginal employers are prepared to create because of government subsidies (such as tax credits schemes). Transitional labour markets provide a policy framework which takes us beyond the impoverished visions of the future 225 PDF OUTPUT c: ALLEN & UNWIN r: DP2\BP4401W\MAIN p: (02) 6232 5991 f: (02) 6232 4995 36 DAGLISH STREET CURTIN ACT 2605 225 CREATING UNEQUAL FUTURES? which bedevil the current debates.
The Meritocracy Myth by Stephen J. McNamee
affirmative action, Affordable Care Act / Obamacare, Bernie Madoff, British Empire, collective bargaining, computer age, conceptual framework, corporate governance, deindustrialization, delayed gratification, demographic transition, desegregation, deskilling, equal pay for equal work, estate planning, failed state, fixed income, gender pay gap, Gini coefficient, glass ceiling, helicopter parent, income inequality, informal economy, invisible hand, job automation, joint-stock company, labor-force participation, low-wage service sector, marginal employment, Mark Zuckerberg, mortgage debt, mortgage tax deduction, new economy, New Urbanism, obamacare, occupational segregation, pink-collar, Plutocrats, plutocrats, Ponzi scheme, post-industrial society, prediction markets, profit motive, race to the bottom, random walk, school choice, Scientific racism, Steve Jobs, The Bell Curve by Richard Herrnstein and Charles Murray, The Spirit Level, The Wealth of Nations by Adam Smith, too big to fail, trickle-down economics, upwardly mobile, We are the 99%, white flight, young professional
New York: Oxford University Press. Bluestone, Barry, and Bennett Harrison. 2000. Growing Prosperity: The Battle for Growth with Equity in the Twenty-First Century. Boston: Houghton Mifflin. Collins, Randall. 1979. The Credential Society: A Historical Sociology of Education and Stratification. New York: Academic Press. Flynn, Nicolet. 2003. “The Differential Effect of Labor Market Context on Marginal Employment Outcomes.” Sociological Spectrum 123, no. 3: 305–30. Frank, Robert H. 2007. Falling Behind: How Rising Inequality Harms the Middle Class. Berkeley: University of California Press. Fraser, Jill Anresky. 2001. White-Collar Sweatshop: The Deteriorations of Work and Its Rewards in Corporate America. New York: Norton. Gladwell, Malcolm. 2008. Outliers: The Story of Success. New York: Little, Brown.
3D printing, additive manufacturing, Albert Einstein, barriers to entry, borderless world, carbon footprint, centre right, collaborative consumption, collaborative economy, Community Supported Agriculture, corporate governance, decarbonisation, distributed generation, en.wikipedia.org, energy security, energy transition, global supply chain, hydrogen economy, income inequality, informal economy, invisible hand, Isaac Newton, job automation, knowledge economy, manufacturing employment, marginal employment, Martin Wolf, Masdar, megacity, Mikhail Gorbachev, new economy, oil shale / tar sands, oil shock, open borders, peak oil, Ponzi scheme, post-oil, purchasing power parity, Ray Kurzweil, Ronald Reagan, Silicon Valley, Simon Kuznets, Skype, smart grid, smart meter, Spread Networks laid a new fibre optics cable between New York and Chicago, supply-chain management, the market place, The Wealth of Nations by Adam Smith, Thomas Malthus, too big to fail, transaction costs, trickle-down economics, urban planning, urban renewal, Yom Kippur War, Zipcar
But as intelligent technology, as well as renewable energies, become more agile and cheaper, the United States is likely to see similar productivity gains spread to the remaining sectors of the economy where productivity has remained relatively flat for the last thirty years. The conundrum is that if productivity advances brought on by the application of intelligent technologies, robotics, and automation continue to push more and more workers to marginal employment or unemployment around the world, the diminishing purchasing power is likely to stifle further economic growth. In other words, if smart tech replaces more and more workers, leaving people without income, who is going to buy all of the products being produced and services being offered? Intelligent technology is only just beginning to impact the world economy. In the next several decades, tens of millions of workers across every industry and sector are likely going to be displaced by machine intelligence.