The central bankers and the Ferguson residents would do well to switch places. Ferguson is actually a much better place from which to understand the consequences of the past six years of economic policies.
Respondents gave their answers to the following prompts:
The economic impact of robotic advances and AI: Self-driving cars, intelligent digital agents that can act for you, and robots are advancing rapidly. Will networked, automated, artificial intelligence (AI) applications and robotic devices have displaced more jobs than they have created by 2025?
The lack of wage growth is one reason why many consumers feel that the broader economic recovery hasn’t reached their wallets. The problem has divided academics and fueled political debate on Capitol Hill and across the country, turning an increase in the minimum wage, for example, into a central issue in the midterm elections.
Reader Comments- Undocumented Student Leaders and Mississippi Freedom Summer; Scott Walker's Scandals; Protect Voting Rights; U S Created Child Migrant Crisis; Egypt Jails Al Jazeera Staff; Precariat and Global Erosion of Job Security; Freedom Summer Legacies; Gabriel Kolko; Doonesbury on Climate Change; Correction to earlier posting
Cecily McMillan to be Released next week; Memorial Concert for Pete and Toshi Seeger-July 20; MEDICC's Educational Exchange to Havana
Driverless cars are safer than human-driven ones. Computers can predict Supreme Court decisions better than legal scholars. What’s next?
In a weak macroeconomy, the employment rate is a better indicator of labour market strength, since it avoids the arbitrary distinction regarding whether someone is sufficiently "active" in their job search to qualify as being officially "in" the labour market. The erosion of Canada's labour market performance over the last couple of years is not surprising in light of the general stagnation of the main drivers of economic growth in our system.
The audit found that the paid sick days law didn’t harm business, job, or wage growth in the city.
We can, and must, create common ground between the labor and climate movements. To paraphrase Abraham Lincoln, if God had intended some people to fight just for the environment and others to fight just for the economy, he would have made some people who could live without money and others who could live without water and air. There are not two groups of people, environmentalists and workers. We all need a livelihood and we all need a livable planet to live on.
In the long-term, the Technological Revolution may prove to be a giant leap forward in freeing humans from being chained to jobs that are unsafe, unhealthy, physically taxing, and mentally unsatisfying. In the short-term, new technologies are contributing to structural unemployment, rising inequality, job insecurity, and micro-management of workers as these two news stories illustrate.
Reader Comments - NLRB and UAW-Volkswagen; Supreme Court and McCutcheon decision; Full employement, jobs, trade, economic policy; Sports, gender and homophobia; NASA study and climate change;
Portside discussion - Bernie Sanders for President (Jack Kurzweil);
Announcements: Canadian Ecosocialist Ian Angus speaking in Oakland - April 25th
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