Archive for recession

STOP CONSUMING. Yeah ok, but ….

Posted in Behaviour, Crisis, Economy, Government, Macro-economy, politics, self-managed, Society with tags , , on 27/04/2013 by Living out of Eden


Why austerity cannot be our proposal to “fix” the system?

If we are to take “austerity” into consideration, as a voluntary way of controlling the major corporations’ profits by reducing our spending, we must be aware of a couple of things:

1.- They must have already foreseen a decrease of their sales due to an economic contraction cycle, so they’ve prepared back-up tactics, like spreading their investment mostly in basic goods, or pharma, or increasing the price of utilities, all of which, which have an inelastic demand.

2.- Austerity is exactly the solution “THEY” are applying too.
Sounds a bit strange… doesn’t it?

3.- Extreme austerity, will lead to self-constrain in a way, instead of self-liberation (please don’t get me wrong, I am not saying that self-liberation is obtained by consumerism, but you should be FREE to decide what you do with your low-medium-high income).

4.- By reducing the volume of the market, we will deepen the recession process, by further feeding the vicious circle.

5.- Eventually, they will last longer than you.

So, I don’t see the strategy “squeeze the market”, might be an option.

I will have Macro-economy for breakfast from now on ….

Posted in Crisis, current events, Economy, Financial crisis, Government, Macro-economy, politics, Power, Society with tags , , , , , , , on 21/06/2012 by Living out of Eden

And wages as a percent of the economy have hit an all-time low.

“The most important issue in this year’s election is the economy.

 Unfortunately, this topic has now been “politicized,” which means that you can’t talk about it without being instantly cheered or jeered by fans of each respective political team.

But the economy is much more important than this year’s election or either political team.

And both teams are responsible for the mess we’re in–and so, I am sorry to say, are the rest of us.

And fixing that mess is going to take decades, regardless of who’s in power.

But we have to fix it. Or we’re going to become a nation of a few million landed aristocrats and 300 million serfs.

The first step is getting past the political blame-game and understanding what’s wrong.

So let’s go to the charts >

Read more:

The crisis, golden opportunity for employers (via PressEurop)

Posted in Crisis, current events, Democracy, Economy, Financial crisis, Government, News, politics, Society, Wages with tags , , , on 23/03/2012 by Living out of Eden


“Businesses in Europe have the upper hand. Under pressure from recession and national debt, governments are rolling back workers’ rights across the board and pushing down labour costs. The aim is to make locations for investors cheaper and therefore more attractive. “Europe is on its way to becoming an entrepreneur’s paradise – on the backs of the workers,” complains Apostolos Kapsalis of the Research Institute of the Greek Trade Union Federation, GSEE.”


What’s already clear is that the labour market reforms are not short-term measures to tackle the crisis, but are here for the long run. The cost-cutting strategies are pitting the states against each other. Low-wage countries like Croatia and the Czech Republic are being forced to make their labour markets more flexible and push their labour costs downwards to become more competitive, says the IMF.

Read more…