Fourth Industrial Revolution (FIR) is on the door step. Income inequality and global warming is on the top of future challenges. There is a close link between financial system, digitalisation and economic inequality. Before looking in to future, I think, we better start reviewing the past; specially the globalisation era how it went. I picked up some books to see the way of development and thinking … Continue reading Banking, Digitalisation and Inequality: Future Perspective
We celebrated the UN World Happiness Day on March 20th. On the occasion, World Happiness Report 2016 was published by ranking 157 countries and their happiness levels. This is third report since it first published in 2012. Happiness is a feeling of contentment. Perfect happiness comes when all needs of the person are satisfied and fulfilled. Happiness is a combination of how satisfied you are and … Continue reading Gross Domestic Happiness- GDH
Feeling of ‘sorry’ is the humble and remarkable behaviour of human beings but it is rare in practical life. It seems that there are preachers everywhere without followers. Continue reading Crisis is the clear absence of leadership
The UK’s economy is not bad even it is safer as it has its own currency to manipulate international trade, but need to careful. Only enjoying with austerity is a kind of contraction of economy, it doesn’t help in the long run. It is short run rescue plan. Economics always says that expenditure is definitely not a problem if earning is smoothly going on. So need to learn how to earn… Continue reading Economic Recovery: Productive Investment or Destructive Austerity?
Inequality, today, is intolerable. During globalisation private investment was highly encouraged for profit and the role of government was defined as a coordinator and welfare provider. Private sector obviously as a profit maker has done tremendous progress, but government is forced to apply austerity measures and now ‘welfare state’ is being questioned. Since global financial crisis began in 2007 the world economy has been hanging on the cliff to get up … Continue reading Philanthropy for an equitable society
INCOMESCO is an amazing blog disseminates thoughts and methods on increasing inequality, chronic unemployment, vicious circle of poverty, deeply divided society and wide mistrust. It is open discussion around the issue & area of interest. TEST OF POLITICONOMICS (Politics + Economics) ECONOMIC ANALYSIS BOOK REVIEW POETRY AND MORE Continue reading The Third Eye to View the World
Now, the UK has decided to leave the EU following the results from the referendum. People’s verdict is always supreme; everyone should respect the mandate. But the Brexit was an outcome of a divided campaign within the Conservative party i.e. Prime Minister vs Ex-Mayor of London. Also I think, election time is not good as people are disappointed with austerity measures and the European Union (EU). The EU was unable to sort out the problems of austerity, migrants, financial crisis and so on. This massage should be communicated to … Continue reading Brexit was an outcome of a divided campaign within the Tories
Originally posted on The Political Economy of Development:
I said I would post something on Paul Mason’s thought-provoking book, Postcapitalism – a guide to our future, which has just come out in paperback. It makes a good read, and contains a wealth of ideas from economics, political economy, and futurism, all mixed together in the author’s aim to inspire a progressive transition beyond capitalism, but not… Continue reading Postcapitalism: Paul Mason’s ‘guide to our future’?
Britain’s second-biggest parcel company, Hermes, which delivers for John Lewis and other major retailers, is paying some of its couriers at levels equivalent to below the national living wage according to a snapshot of information provided by some of those who have worked there. In common with several delivery firms serving the internet shopping boom, Hermes does not need to pay its workers the £7.20 … Continue reading Exploitation: A courier giant pays less than living wage | The Guardian
The UK economy will have to weather a short, sharp shock, with Brexit uncertainty holding back both business investment and consumer spending, according to a leading economic forecasting group. As forecasters cut growth expectations, a survey of finance chiefs showed caution increasing since the referendum, and retailers reported fewer shoppers on the high street than a year ago. Severe dents to confidence mean the post-referendum economy is … Continue reading UK economy: after Brexit | The Guardian
Our current economic model is INEQUALITY by design. -Sharan Burrow Image: WEF Continue reading Current economic model
(Poetry | Haiku) History, a time and value All destroyed to create the new one Oh! mushrooming business of money ♦ ©Jesi, 2016 Feature image: Google Continue reading History and Man
The EU is capable of change, but in only one way; to grab more power from the member states. Democratic reform within the EU is an impossibility. Britain, one of the EU’s biggest donors, asked for reform, and, even when faced with the prospect of Brexit, the EU could offer us virtually nothing. The Lisbon Treaty gave the EU all the trappings of a nation state, and specifies that the EU is sovereign authority in all areas except those where it has chosen not to legislate. If you’re staying in the EU in the misguided belief that you can reform it, you fail to understand sixty years of history; we will be crushed by an unstoppable bureaucracy. Continue reading What Every Remain Voter Should Know Before June 23rd | HUFFPOST
This time I have been thinking about some strange things of Hillary Clinton for her candidacy as the first woman president in the US and on the other hand I have been thinking the impeachment against then President Bill Clinton. Impeachment was based on allegations that President Clinton had illegally lied about and covered up his relationship with 22-year-old White House (and later Department of … Continue reading What message does Hillary Clinton have for Monica Lewinsky?
(Poetry) Women are the root Men are branches Deeper the root, Stronger the trees Bigger the branches Blossoming the flowers Nicer the garden Greener the society Invisible roots Holding soil to stand the tree Visible branches; Oxygen, rain and green All are from the root Power of women Without who Can’t get life Learn to reward Learn to respect Women are the root … Continue reading Root of the society