Plutonomy and the Precariat | The Nation
22 days ago by rtlechow
"In 2005, Citigroup came out with a brochure for investors called “Plutonomy: Buying Luxury, Explaining Global Imbalances.” It urged investors to put money into a “plutonomy index.” The brochure says, “The World is dividing into two blocs—the Plutonomy and the rest.”
Plutonomy refers to the rich, those who buy luxury goods and so on, and that’s where the action is. They claimed that their plutonomy index was way outperforming the stock market. As for the rest, we set them adrift. We don’t really care about them. We don’t really need them. They have to be around to provide a powerful state, which will protect us and bail us out when we get into trouble, but other than that they essentially have no function. These days they’re sometimes called the “precariat”—people who live a precarious existence at the periphery of society. Only it’s not the periphery anymore. It’s becoming a very substantial part of society in the United States and indeed elsewhere. And this is considered a good thing."
politics
banks
plutonomy
precariat
chomsky
Plutonomy refers to the rich, those who buy luxury goods and so on, and that’s where the action is. They claimed that their plutonomy index was way outperforming the stock market. As for the rest, we set them adrift. We don’t really care about them. We don’t really need them. They have to be around to provide a powerful state, which will protect us and bail us out when we get into trouble, but other than that they essentially have no function. These days they’re sometimes called the “precariat”—people who live a precarious existence at the periphery of society. Only it’s not the periphery anymore. It’s becoming a very substantial part of society in the United States and indeed elsewhere. And this is considered a good thing."
22 days ago by rtlechow
Will anyone use Toronto's new anti-graffiti app?
5 weeks ago by rtlechow
Mayor Ford cleans graffiti planted by Mayor Ford (tagless "fuck you"'s and "my turf"'s).
toronto
politics
graffiti
5 weeks ago by rtlechow
opennorth/represent-canada - GitHub
january 2012 by rtlechow
"Point to electoral district service for federal, provincial and municipal levels of government"
github
canada
opendata
scraper
politics
january 2012 by rtlechow
Mincome - Wikipedia, the free encyclopedia
october 2011 by rtlechow
"Mincome is the name of an experimental Canadian Basic income project that was held in Dauphin, Manitoba during the 1970s. The project, funded jointly by the Manitoba provincial government and the Canadian federal government, began with a news release on February 22, 1974, and was closed down in 1979. The purpose of this experiment was to determine whether a guaranteed, unconditional annual income actually caused disincentive to work for the recipients, and how great such a disincentive would be. A final report was never issued,but Dr. Evelyn Forget [for-ZHAY] has conducted analysis of the research. She found that only new mothers and teenagers worked less. Mothers with newborns stopped working because they wanted to stay at home longer with their babies, and and teenagers worked less because they weren't under as much pressure to support their families, which resulted in more teengers graduating. In addition, those who continued to work were given more opportunities to choose what type of work they did. In addition, Forget finds that in the period that Mincome was administered, hospital visits dropped 8.5 per cent, with fewer incidences of work-related injuries, and fewer fewer emergency room visits from car accidents and domestic abuse.[1]"
mincome
income
experiment
canada
politics
labour
wage
october 2011 by rtlechow
Mista Majah P | Tolerance | CD Baby
august 2011 by rtlechow
"FIRST PRO GAY RIGHT REGGAE ALBUM 11 TRACK OF HARD HITTING PRO GAY REGGAE MUSIC FIRST OF IT KIND BY A JAMAICAN REGGAE ARTIST HISTORY IN THE MAKING PLEASE CHECK IT OUT"
music
reggae
album
politics
august 2011 by rtlechow
Who are 'foodies'? | rabble.ca
july 2010 by rtlechow
"In short, while not all food adventurers are economic elites, it is virtually impossible for an impoverished, or marginalized, person to fully participate in foodie culture as a consumer and food adventurer, rather than as a dishwasher in a fashionable restaurant, or subsistence farmer harvesting cocoa beans for a gourmet chocolate bar."
food
foodies
culture
consumption
colonialism
inequality
politics
exoticism
july 2010 by rtlechow
Straight Goods - Canadians informing Canadians
may 2010 by rtlechow
"A two-part look inside the little town that nurtured a would-be prime minister - and some of the most notorious hate-mongers in Canada"
canada
religion
politics
stockwellday
may 2010 by rtlechow
A Tale of Two Blogospheres: Discursive Practices on the Left and Right | Berkman Center
may 2010 by rtlechow
"Discussions of the political effects of the Internet and networked discourse tend to presume consistent patterns of technological adoption and use within a given society. Consistent with this assumption, previous empirical studies of the United States political blogosphere have found evidence that the left and right are relatively symmetric in terms of various forms of linking behavior despite their ideological polarization (Hargittai, Gallo & Kane, 2008; Hindman, 2008; Adamic & Glance, 2005)."
blog
blogs
blogging
politics
research
paper
may 2010 by rtlechow
SceneandHeard.ca
may 2010 by rtlechow
William Peyton Hubbard (1842-1935)
‘Old Cicero’ was Toronto’s first black city councillor
By Roger Hunziker
It is a dark and dreary evening in the early 1860s. Young Will Hubbard is driving his cab down Don Mills Road when he sees a man in danger of plunging into the cold waves of the Don River. Hubbard jumps out and saves the man from drowning: it is George Brown, famous editor of the Globe newspaper, and future Father of Confederation. In gratitude Brown hires Hubbard as his driver, and over time a friendship develops. Much later, the fatherly Brown would urge his young friend to enter politics, which Hubbard finally does in 1893.
toronto
politics
history
council
‘Old Cicero’ was Toronto’s first black city councillor
By Roger Hunziker
It is a dark and dreary evening in the early 1860s. Young Will Hubbard is driving his cab down Don Mills Road when he sees a man in danger of plunging into the cold waves of the Don River. Hubbard jumps out and saves the man from drowning: it is George Brown, famous editor of the Globe newspaper, and future Father of Confederation. In gratitude Brown hires Hubbard as his driver, and over time a friendship develops. Much later, the fatherly Brown would urge his young friend to enter politics, which Hubbard finally does in 1893.
may 2010 by rtlechow
Goodhart's law - Wikipedia, the free encyclopedia
may 2010 by rtlechow
"Although Goodhart's law has been expressed in a variety of formulations, the essence of the law is that once a social or economic indicator or other surrogate measure is made a target for the purpose of conducting social or economic policy, then it will lose the information content that would qualify it to play such a role. The law was named for its developer, Charles Goodhart (a chief economic advisor to the Bank of England)."
economics
law
metrics
policy
politics
statistics
wikipedia
may 2010 by rtlechow
Noam Chomsky on Obama's Foreign Policy, His Own History of Activism, and the Importance of Speaking Out
march 2010 by rtlechow
"it may be odd for you to think about, but MIT in the 1960s had two interesting characteristics. One was it was almost entirely funded by the Pentagon. In fact, I was in a lab which was 100 percent funded by the three armed services. Two, it was the main center of antiwar resistance. I’m not talking about dissent or, you know, protest. I’m talking about resistance, you know, organizing resistance activities, illegal activities. And the Pentagon didn’t care much, because, contrary to what a lot of people believe, one of the main functions of the Pentagon is just to provide a cover for the way the economy functions. The way the economy functions, it’s—you know, people like to claim it’s a free market economy, but, you know, most of it comes out of the state sector—I mean, computers, internet, airplanes, you know. The idea is the public is supposed to pay the costs and take the risks, and if anything works out, you hand it over to private enterprise. That’s called the free market."
chomsky
activism
video
politics
history
audio
interview
speech
obama
democracynow
march 2010 by rtlechow
Haiti Disaster Capitalism Alert: Stop Them Before They Shock Again | Naomi Klein
january 2010 by rtlechow
The following quote was hastily yanked by the Heritage Foundation and replaced with a more diplomatic quote, but their first instinct is revealing:
"In addition to providing immediate humanitarian assistance, the U.S. response to the tragic earthquake in Haiti earthquake offers opportunities to re-shape Haiti’s long-dysfunctional government and economy as well as to improve the public image of the United States in the region."
haiti
earthquake
politics
neoliberals
capitalists
policy
"In addition to providing immediate humanitarian assistance, the U.S. response to the tragic earthquake in Haiti earthquake offers opportunities to re-shape Haiti’s long-dysfunctional government and economy as well as to improve the public image of the United States in the region."
january 2010 by rtlechow
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