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Peer2Politics
on peer-to-peer dynamics in the field of politics, economics and institutions
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Piketty's Determinism

Piketty's Determinism | Peer2Politics | Scoop.it
Co authored by Ann Pettifor and Geoff Tily

In this review of Piketty’s Capital (Harvard University Press, 2014)
Pettifor and Tily argue that Thomas Piketty’s determinism (which suggests
that inequality is set to continue to rise indefinitely and that interest
and growth are on a preordained trajectory) is wrong. Things don’t have to
be this way. Piketty’s approach arises from his fundamentally neo-classical
approach to interest as the marginal product of capital.
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Socialism, American-Style

Socialism, American-Style | Peer2Politics | Scoop.it

THE great 20th-century conservative economist Joseph Schumpeter thought the left had overlooked a major selling point in pressing the case for public — i.e., government — control over productive capital. “One of the most significant titles to superiority,” he suggested, was that public ownership produced profits, which means not having to depend on taxes to raise money.

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What Impact Does The Digital Revolution Have On Work And Inequality? » Social ... - Social Europe

What Impact Does The Digital Revolution Have On Work And Inequality? » Social ... - Social Europe | Peer2Politics | Scoop.it
The following is a transcript of a Social Europe podcast in which Social Europe Editor-in-Chief Henning Meyer discusses the impact of the Digital Revolution on the nature of work and inequality with Michael A.
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Property Rights, Inequality and Commons - Commons Transition

Property Rights, Inequality and Commons - Commons Transition | Peer2Politics | Scoop.it
David Bollier describes how the Commons (and Commons-based law) might be a force for reducing inequality
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Property Rights, Inequality and Commons | David Bollier

Property Rights, Inequality and Commons | David Bollier | Peer2Politics | Scoop.it

I wish to argue that hunger, poverty, inadequate education and medical care, and assaults on human dignity and human rights, are not bugs in the system.  They are features.  Indeed, market ideologues often argue that such deprivations are a necessary incentive to human enterprise and economic growth; poverty is supposedly needed to spur people to escape through the work ethic and entrepreneurialism. 

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Causes and Consequences of Income Inequality : A Global Perspective

Summary: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
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Inequality - What Can Be Done? » Social Europe

Inequality - What Can Be Done? » Social Europe | Peer2Politics | Scoop.it
Have you ever wondered what it would look like if two Nobel Prize winning economists discussed inequality and what can be done about it? No need to wonder anymore as you can watch Paul Krugman and Robert Solow discuss the new book “Inequality – What can be done?” by Tony Atkinson (himself regularly tipped for …
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Reform or Regroup? To save capitalism, will the rich accept reform? | P2P Foundation

Reform or Regroup? To save capitalism, will the rich accept reform? | P2P Foundation | Peer2Politics | Scoop.it
The crisis takes the form of a "syndrome," a condition made up of a variety of "symptoms" that relate to each other in complex ways
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Paul Krugman | Preliminary Notes on Inequality and Urbanism - New York Times (blog)

Paul Krugman | Preliminary Notes on Inequality and Urbanism - New York Times (blog) | Peer2Politics | Scoop.it
Not a one-sided story.
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1% of the Bitcoin Community Controls 99% of Bitcoin Wealth - CryptoCoinsNews

1% of the Bitcoin Community Controls 99% of Bitcoin Wealth - CryptoCoinsNews | Peer2Politics | Scoop.it
Recently, I ran across this very interesting distribution table on Quora that made me reminisce about the old days of Occupy Wall Street. We are the 99%, right? Maybe in more ways than one, as the table would go on to show.
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The Economic Realms: Globalized Inequality

The Economic Realms: Globalized Inequality | Peer2Politics | Scoop.it

Francois Bourguignon’s The Globalization of Inequality is an interesting companion to Tony Atkinson’s Inequality, which I reviewed here recently. It’s a different kind of book, a relatively short argument about why and how to make the globalization process fairer, as contrasted with Atkinson’s longer and detailed description and analysis of inequality in the UK with a substantial list of policy recommendations. It’s useful to have the global picture alongside the national one, however, because the story globally is of much increased incomes in the middle of the distribution in a few countries – largely China – as well as gains among the richest groups.

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How equal do we want the world to be? You'd be surprised

How equal do we want the world to be? You'd be surprised | Peer2Politics | Scoop.it
The news of society's growing inequality makes all of us uneasy. But why? Dan Ariely reveals some new, surprising research on what we think is fair, as far as how wealth is distributed over societies ... then shows how it stacks up to the real stats.
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Robert Reich: Colleges, Churches and Non-Profits Doing the Wealthy's Dirty Work

Robert Reich: Colleges, Churches and Non-Profits Doing the Wealthy's Dirty Work | Peer2Politics | Scoop.it
It's bad enough that they've bought our politicians. Now the wealthy have bought off the only institutions that can counter their influence.
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I save tax by never visiting my family, says tycoon Guy Hands

I save tax by never visiting my family, says tycoon Guy Hands | Peer2Politics | Scoop.it
Guy Hands, head of private equity firm Terra Firma, resists move to have EMI case heard in Britain to protect his tax status
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Joseph Stiglitz: It’s Time to Get Radical on Inequality

America's economic system has failed by not raising living standards for most. Nobel laureate Stiglitz, author of The Price of Inequality and The Great Divide, ...
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Do the filthy rich have filthy morals?

Do the filthy rich have filthy morals? | Peer2Politics | Scoop.it
Studies show that participants with a higher socioeconomic status have a greater inclination toward unethical and immoral behavior than others.
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The Rise of the Working Poor and the Non-Working Rich

The Rise of the Working Poor and the Non-Working Rich | Peer2Politics | Scoop.it
Many believe that poor people deserve to be poor because they’re lazy. As Speaker John Boehner has said, the poor have a notion that “I really don’t have to work. I don’t really want to do this. I...
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Greece and the passing of the nation state

Greece and the passing of the nation state | Peer2Politics | Scoop.it

In Athen's Syntagma Square, back-to-back demonstrations this week calling for a "Yes" or "No" vote in Sunday's era-defining Greek referendum featured a noticeableclass split: poorer, less-educated monolinguals largely supported Syriza's rejection of the EU austerity deal, while a more cosmopolitan, better-dressed crowd passionately demanded their right to remain in the euro, nevermind what consequences austerity is having on their less financially insulated compatriots.

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A Practical Vision of a More Equal Society by Thomas Piketty

A Practical Vision of a More Equal Society by Thomas Piketty | Peer2Politics | Scoop.it
Anthony Atkinson occupies a unique place among economists. During the past half-century, in defiance of prevailing trends, he managed to place the question of inequality at the center of his work while demonstrating that economics is first and foremost a social and moral science. In his new book, Inequality: What Can Be Done?—more personal than his previous ones and wholly focused on a plan of action—he provides us with the broad outlines of a new radical reformism.
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Headline Numbers: How do you measure inequality? - BBC News

Headline Numbers: How do you measure inequality? - BBC News | Peer2Politics | Scoop.it
What is the best way to measure inequality in a population?
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A Shared Future, A Global Economy Of Haves And Servants

A Shared Future, A Global Economy Of Haves And Servants | Peer2Politics | Scoop.it

The American middle class is in steep decline, which has been true for 3-4 decades but accelerated rapidly after 2008. Converging U.S. and global macroeconomic change has created a millennial generation in fierce competition for opportunity and armed with the Internet in the search to reduce costs, find income and get ahead. Inter-generationally, there are more mice, the mice are more hungry, and there is less cheese in life’s maze.

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Alex Makosz's curator insight, May 21, 1:26 AM

When thinking of educating for the future, an economists perspective on the value of different types of jobs within future markets is worthy of consideration. Interesting stuff here!

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Baltimore ‘looting’ tweets show importance of quick and easy image checks — Medium

Baltimore ‘looting’ tweets show importance of quick and easy image checks — Medium | Peer2Politics | Scoop.it

Anyone who has ever asked me for tips on content verification and debunking of fakes knows one of the first things I always mention is reverse image search. It’s one of the simplest and most powerful tools at your disposal. This week provided another good example of how overlooked it is.

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Should You Be Paid As Much As Your Boss?

Should You Be Paid As Much As Your Boss? | Peer2Politics | Scoop.it
We help our community businesses, because they deserve the same great customer service and low prices that big corporate businesses get. And we've grown our company by earning the trust of each and...
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Don't blame rising inequality on technological change - The Guardian

Don't blame rising inequality on technological change - The Guardian | Peer2Politics | Scoop.it
If governments had taken a hands-on approach to industrial development the UK wouldn’t have suffered the huge loss of secure jobs we’ve seen in recent years
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