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Showing posts with label Power. Show all posts
Showing posts with label Power. Show all posts

Wednesday, July 29, 2020

Big Tech Under Scrutiny: Big Tech painted as the railroad barons of the digital age in antitrust hearing - by Therese Poletti

Jeff Bezos
For the most part — if you could tune out the political grandstanding that had nothing to do with antitrust — Wednesday’s congressional hearing on Big Tech gave many pointed examples of how four of the biggest tech companies in the U.S. abuse their dominant power and thwart competition.

What happens next will be in the hands of  US Goverment agencies. And while after Wednesday’s hearing it seems Alphabet may be most in jeopardy, the other companies should not relax. None of Big Tech made a very good showing Wednesday.

Read more at: 
Big Tech painted as the railroad barons of the digital age in antitrust hearing - MarketWatch

Tuesday, June 9, 2020

USA - a thoroughly corrupt political process: Billionaires got $565 billion richer during the coronavirus pandemic

American billionaires are now nearly 20% richer — by $565 billion,to be exact — than they were at the start of the coronavirus pandemic,according to a new report by the Institute for Policy Studies

Six billionaires, including Amazon's Jeff Bezos, Tesla's Elon Musk, and Zoom's Eric Yuan, have seen their net worths grow by more than $2billion each since March, according to the think tank's analysis of Forbes' Billionaires List.

The coronavirus crisis has been an economic disaster for the rest of America, as an end unprecedented 42.6 million Americans filed for unemployment benefits in the past 11 weeks.

Note EU-Digest: This is another major problem facing America, and has resulted in the overwhelming influence Corporate America has on the political environment of the US and beyound. What's been happening with White House and Congressional politics could only be described as a thoroughly corrupt process, with the blessings of a Supreme Court dominated by justices hand-picked to protect the same process.

Read more at:
Billionaires got $565 billion richer during the coronavirus pandemic - Business Insider

Sunday, July 28, 2019

EU-Migration Policies: Tragedy is inevitable if we fear migration rather than celebrate its benefits : by Jonathan Portes

 Migrants don’t steal jobs or bring down wages. Rather, they’re more likely to bring dynamism and prosperity

our years ago, Europeans were shocked by the photograph of the drowned three-year old Syrian refugee Alan Kurdi. Now, Americans are similarly horrified by pictures of El Salvadorans Óscar Alberto Martínez Ramírez and his daughter, Angie Valeria, dead on the banks of the Rio Grande. Meanwhile, in the UK we are struggling with what our immigration policy should look like after Brexit, with Boris Johnson trying to have his cake and eat it with the promise of an “Australian-style points system”.
 
Few subjects are more politically charged than immigration. However, like free trade, it unites most economists, regardless of their politics. Immigrants don’t take our jobs, nor do they have much impact on wages. Just look at the UK, where sustained high levels of immigration have coincided with unemployment falling to its lowest level in 40 years.

More importantly, immigration makes economies more dynamic and is generally positive for productivity and prosperity. Even legitimate concerns about “brain drain” from developing countries turn out to be exaggerated, with such countries often gaining from remittances and new economic connections.

The economic and political forces driving immigration are only likely to intensify, in both Europe and the rest of the developed world. They will be powered by “demand” – demographic pressures, with every single country in Europe having a fertility rate below replacement level – and “supply” – population growth in developing countries, especially in Africa, and perhaps climate change. So the number of people seeking to move countries, whether through economic migration, refugee flows or a mix, will continue to grow. At the same time, we will need migration; even Japan, long resistant, has recently begun to liberalise policy.

If the economic benefits are clear, what explains the recent political backlash? What is the connection between the election of Donald Trump, the Brexit vote and the rise of far-right populists in continental Europe? A decade on from the financial crisis, the political foundations of the postwar (and post-cold-war) liberal order appear to be crumbling.

But while anti-immigrant rhetoric and sentiment are common themes, the circumstances of individual countries are very different. In the US, Trump’s focus is on irregular migration from Mexico and Central America and its supposed impact on crime and security, although there is little or no evidence, in the US or elsewhere, to substantiate his claims. In the UK, the ostensible focus of the Brexit campaign was on EU free movement, predominantly by white eastern Europeans, although future migration from Turkey and points farther east was also a strong theme. In western European countries such as Sweden, Germany, France and Italy, rightwing populists were boosted by public reaction to refugee and migrant flows from Syria and Africa. And in Poland and Hungary, while immigrant flows are extremely small, parties in power have successfully appealed to nationalist sentiments by focusing on the threat of Muslim immigration overrunning “Christian” Europe.

Twitter is full of lunatics who talk about “race replacement” or “white genocide”. But more respectable versions of much the same argument can be found in the mainstream press. London’s population is no longer majority “white British”, but most of us were born in the UK and even more identify as British (white, black, Asian or mixed) and have British citizenship. Nevertheless, the eminent economist Paul Collier claims that the “indigenous British [have] become a minority in their own capital”. Spectator writer Douglas Murray, who argues for reducing or eliminating Muslim immigration, says London has become a “foreign country”. Eric Kaufmann, a political scientist and author of Whiteshift, suggests that we should favour immigrants from ethnic or cultural backgrounds who are easier to “assimilate” into the white majority. The favourite philosopher of some Conservatives, Roger Scruton, thinks it’s impossible for the (British-born) children of Muslim immigrants to be loyal British citizens. So the view that only white people can be “really” British, and that black or Asian Britons are still somehow alien and threatening, remains prevalent in some elite circles.

Some argue that if progressive politicians fail to accommodate these views, they will drive their traditional voters to the populist right. But there’s little evidence that this will help those most vulnerable to the lure of rightwing populism or improve public perceptions of immigration. Instead, countries such as Ireland, Canada, and Spain have combined relatively open policies with public consent by building a pro-migration coalition across much of the political spectrum.

Germany offers a particularly striking example. Amid the panic about the refugee influx in 2015, I wrote that it was an opportunity more than a threat. But many argued that it would be impossible, economically, socially or politically, to absorb so many people from supposedly “alien” cultures. But three years on, while far from perfect, the balance sheet appears mostly positive. Refugees are learning German and getting jobs. Although the far right continues to try to whip up anti-immigrant hysteria, crime is at its lowest level in almost 30 years.

Brexit, paradoxically, offers a window of opportunity. The most illiberal and restrictionist prime minister in living memory is about to depart. Public concern about immigration has fallen sharply and attitudes towards its effects are more positive than for many years. Both Johnson and Jeremy Hunt, as well as the home secretary, Sajid Javid, have signalled that they want an immigration policy better attuned to the needs of the UK economy.

Politicians could make the case for liberal policy not just on economic grounds but much more broadly, defending the rights of immigrants, eg EU citizens resident in the UK, UK-born children of immigrants who are denied British citizenship, UK citizens who marry people from abroad, and so on. This would also include a more positive approach to the impacts of immigration on communities and services at a local level – by promoting integration and channelling funding to areas where there are pressures resulting from population growth. There is a chance for a “reset moment” not just in policy but in our wider public and political attitudes to immigration and immigrants: we should not let it slip away.  

Read more: Tragedy is inevitable if we fear migration rather than celebrate its benefits | Jonathan Port

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Tuesday, May 28, 2019

US Labor Unions 200 years of struggle and final decline: History of Labor Unions in the US, incuding VIDEO

The lifespan of American labor unions is shaped like a bell-curve struggling to climb at first, then riding high, and finally today crashing out.

The whole up-and-down took about 200 years total. We need to go back to the 1830s. UC Santa Cruz Professor William Domhoff writes, "Industrial development in the early nineteenth century slowly widened the gap between employers and skilled workers, so the workers began to think of industrial factories as a threat to both their wages and status."

Craft unions began to form but stayed mostly local, focused on clout and working conditions. Then in 1869, Domhoff says, the Knights of Labor was founded as "a secret society by a handful of Philadelphia garment cutters, who had given up on their own craft union as having any chance to succeed" and turned to galvanizing other workers through meetings and parades.

Eventually, violence became part of the picture.The Great Railroad Strike of 1877,sparked by railroad companies slashing wages by10% and doubling some workers' responsibilities.

And while no major law ultimately clamped down on the groups, "unions came under attack — in the workplace, in the courts, and in public policy. As a result, union membership has fallen and income inequality has worsened — reaching levels not seen since the 1920s," says the,Economic Policy Institute. 

Read more at: History of Labor Unions in the US (VIDEO)

Thursday, November 10, 2016

US - EU relations: Europe forced off the US lap and Alone in Trump’s World

Will Trump signal the end of the Trans=Atlantic Alliance
Alone again. Since World War II’s end, Europe has looked at the world through a transatlantic lens.

There have been ups and downs in the alliance with the United States, but it was a family relationship built on a sense that we would be there for each other in a crisis and that we are fundamentally like-minded.

Donald Trump’s election as US president threatens to bring this to an end – at least for now. He believes more in walls and oceans than solidarity with allies, and has made it clear that he will put America not just first, but second and third as well. “We will no longer surrender this country, or its people,” he declared in his one major foreign-policy speech, “to the false song of globalism.”

Europeans will not only have to get used to Trump; they will have to look at the world through different eyes. There are four reasons to expect that Trump’s America will be the single biggest source of global disorder.

First, American guarantees are no longer reliable. Trump has questioned whether he would defend Eastern European NATO members if they do not do more to defend themselves. He has said that Saudi Arabia should pay for American security. He has encouraged Japan and South Korea to obtain nuclear weapons. In Europe, the Middle East, and Asia, Trump has made it clear that America will no longer play the role of policeman; instead, it will be a private security company open for hire.

Second, global institutions will come under attack. Trump fundamentally rejects the view that the liberal world order that the US built after WWII (and expanded after the Cold War) is the cheapest way of defending American values and interests. Like George W. Bush after September 11, 2001, he views global institutions as placing intolerable constraints on US freedom of action. He has a revisionist agenda for almost all of these bodies, from the World Trade Organization to NATO and the United Nations.

The fact that he wants to put the “Art of the Deal” into practice in all international relationships – renegotiating the terms of every agreement – is likely to provoke a similar backlash among America’s partners.

Third, Trump will turn all US relationships on their head. The crude fear is that he will be kinder to America’s foes than to its allies. Most challenging for Europeans is his admiration for Russian President Vladimir Putin. Should Trump, cozying up to Putin in search of a grand bargain, recognize Russia’s 2014 annexation of Crimea, the EU would be placed in a near-impossible role.

Fourth, there is Trump’s unpredictability. Even during the 18 months of the presidential campaign, Trump has been on both sides of almost every issue. The fact that he will say the opposite today of what he said yesterday, without admitting that he has changed his mind, shows the extent to which capriciousness is his method.

One of the benefits the US political system is that it provides a two-month grace period to prepare for Trump’s world. So what should Europeans do about it?

First, we need to try to increase leverage over the US. We know from Trump’s writings and behavior that he is likely to resemble other strongmen presidents and treat weakness as an invitation to aggression. We saw from the Iraq experience that a divided Europe has little ability to influence the US. But where Europe has worked together – on privacy, competition policy, and taxation – it has dealt with the US from a position of strength.

The same was true with the so-called E3+3 policy on Iran – when the big EU member states shifted the US stance by standing together. To get on the front foot, the EU now needs to launch a process to agree on common policies on security, foreign policy, migration, and the economy. This will be difficult, as Europe is deeply divided, with France fearing terrorism, Poland dreading Russia, Germany inflamed by the refugee issue, and the United Kingdom determined to go it alone.

Second, Europeans should show that they are able to hedge their bets and build alliances with others. The EU must reach out to other powers to help shore up global institutions against Trumpian revisionism. And it also needs to diversify its foreign-policy relationships. Rather than waiting for Trump to marginalize the EU over Russia and China, Europeans should fly some kites of their own. Should they, for example, begin consulting with the Chinese on the EU arms embargo to remind the US of the value of the transatlantic alliance? Could the EU develop a different relationship with Japan? And if Trump wants to cozy up to Russia, maybe he should take over the Normandy process on Ukraine?

Third, Europeans need to start to invest in their own security. From Ukraine to Syria, from cyber attacks to terror attacks, Europe’s security is being probed in different ways. Despite an intellectual understanding that 500 million Europeans can no longer contract out their security to 300 million Americans, the EU has done little to close the gap between its security needs and its capabilities. It is time to put meat on the bones of the Franco-German plan for European defense. And it will be important to find institutionalized ways of binding the UK into Europe’s new security architecture.

In all of these areas, Europeans must keep the door to transatlantic cooperation open. This alliance – which has so often saved Europe from itself – is bigger than any individual. And, in any case, Trump will not last forever. But the transatlantic relationship will be more likely to survive if it is built on two pillars that understand and defend their own interests.

This will be a tough agenda to adopt – not least because Europe is facing its own brand of populist nationalism. France’s far-right National Front leader, Marine Le Pen, was among the first to congratulate Trump on his victory, and Trump has said that he would put the UK at the front of the queue after Brexit. But even Europe’s most Trump-like leaders will find it harder to defend their national interest if they try to go it alone. To survive in Trump’s world, they should try to make Europe great again.

Read more: Europe, Alone in Trump’s World | European Council on Foreign Relations

Wednesday, January 20, 2016

Switzerland - Davos: Why The Davos Elite Won't Solve Our Global Problems - by Hakan Altinay

The international calendar is peppered with a number of meetings of the elite. This week we have the crown jewel: Davos.

Much of the media love these events. They provide a good photo opportunity as well as a legitimate and safe tag line. The latent assumption is that our key problems are things that elites identify and solve; they possess the requisite expertise, and, of course, power.

But there is the problem of elite narcissism. As thinkers have observed since antiquity, those who seek power are often morally unqualified and those who are qualified often do not lust after power.

Research has shown that chief executives score four times higher on socio­pathology indexes than the rest of the population. Yet other research shows drivers of luxury cars don’t heed pedestrian crossings, whereas drivers of standard cars observe them more consistently.

Read more: Why The Davos Elite Won't Solve Our Global Problems Social Europe