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Archive for ‘Economics’

BALCOMBE COMMUNITY PROTECTION CAMP VIGIL EVICTED. 19/11/2013

A moody end to the Vigil at Balcombe Community Protection Camp Tuesday 19th November. The vigil was given less than 40 minutes, before their equipment was seized by Bailiffs.
One thing to be noted, is that to never underestimate the power of the photographer. without them these thugs would have rolled over us even quicker[...]

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CO-OP BANK: MUTUAL OR BUST

Since the appalling news of a Co-op Bank takeover by US hedge “vulture” funds (Aurelius Capital and Silver Point Capital) a growing body of Co-op members and bank customers are rallying to restore co-operative control and underpin the bank’s commitment to ethical investment.
Background
The future of the Co-op Bank has been in doubt since[...]

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SWISS TO VOTE ON GUARANTEED $2800 MONTHLY INCOME FOR ALL ADULTS.

Swiss to Vote on Guaranteed $2800 Monthly Income for All Adults
http://gawker.com/swiss-to-vote-on-guaranteed-28-000-monthly-income-for-1441514881
http://news.msn.com/world/swiss-to-vote-on-dollar2800-monthly-income-for-all-adults?stay=1
From Diana – Some potentially useful links:
European initiative: http://basicincome2013.eu/
UK group: http://basicincome.org.uk/
Clues to why UBI is supported by very different groups, for very different reasons (including some neoliberals!):
http://basicincome.org.uk/article/2013/10/neoliberalism/
I still reckon the risks of it being turned on its[...]

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HOMELESS HOUSES IN CHELSEA.

This is the question being asked by a few people. Kensington and Chelsea contains some of the most expensive real estate in London, yet there are a number of empty residential properties, some empty for years.
In this case, it has become more profitable to keep a property empty instead of having them occupied. Statistics[...]

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ACHTUNG – PRIVATISATION A NAZI LEGACY

Achtung – Privatisation a Nazi legacy!! ~ Michael Gold.
Mrs Thatcher is universally credited with creating the privatisation regime that now extends across most of the planet – yet the real roots of privatisation originated in Nazi Germany. The Spanish economist Germà Bel1 has traced the origins of the word ‘privatisation’ to the German word,[...]

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WHO’S BANKING ON CARNEY?

 
“It is true, we have the only banks in the western world that are not looking at bailouts or anything like that.”  Stephen Harper, Canadian Prime Minister, 23rd February 2009.1
Mark Carney’s appointment as the new Governor of the Bank of England (BOE) was, we have been told, based mainly on how successful he[...]

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Speaker’s Corner: Economic WG and Hyde Park Assembly

It started as an experiment, but the Economics Working Group are now taking economics to the people visiting Speakers’ Corner Hyde Park.

 
General Assembly Agenda:
Trenton Oldfield.
Police Spies and Stephen Lawrence smear campaign.

Consensus reached on the following things:
1. Consensus to entrust the press team to write a solidarity statement for Trenton[...]

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Corporate whining : Thames Water and Tax Avoidance. unpacked and debunked by the OL Economics WorkingGroup.

Question: article from Forbes magazine.
This article was sent to me by a friend who is slightly sceptical about my activities. Can someone who is less economically challenged than myself help me unpack this one?

http://www.forbes.com/sites/timworstall/2013/06/11/another-silly-corporate-tax-story-this-time-its-thames-water/
Answer from Clive:
These tax avoidance stories are complex and lead to ambivalence among the audience. Unlike many within[...]

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Occupy Tour of Mayfair: Shadow banking and where the financial meltdown started

This Saturday join the Occupy Tour of Mayfair, where the hedge fund managers
You will know it as the most expensive spot on the Monopoly board. But did you know that this upmarket area of west London has the highest concentration of hedge funds and private equity firms in Europe?
This tour takes you into[...]

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