Globalized Production increases Globalized Inequality

This entry is part 7 of 7 in the series GDP Illusion

replacing higher-paid domestic labor with low-paid southern workers helped support profits, consumption levels, and reduced inflation in the United States, Europe, and Japan. Along with the expansion of debt, outsourcing was crucial to the imperialist economies’ escape from the crises of the 1970s.

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Making Things or Clipping Coupons – Which Adds Value?

This entry is part 6 of 7 in the series GDP Illusion

Despite ranking as, size-for-size, the world’s most productive nation, virtually the only productive activity taking place in Bermuda is the production of cocktails in beach bars and the provision of other high-end tourist services.

Permanent link to this article: http://new-democrats.com/gdp-illusion-6/

Monthly Union Members Meeting May 2018

Topics:

  1. Problems faced by BPO employees and their need for a Union
  2. Wipro 2K – Next steps?
  3. Union Activities.

Permanent link to this article: http://new-democrats.com/monthly-union-members-meeting-may-2018/

“Why You Are You : Nearer the Secret of Life”

“It has not escaped our notice that the specific pairing we have postulated suggests a possible copying mechanism for the genetic material.”

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The World Produces – US, EU, Japan Eat

This entry is part 5 of 7 in the series GDP Illusion

despite its claim to be a measure of “product,” GDP and trade data measure the results of transactions in the marketplace. Yet nothing is produced in markets, the world of the exchange of money and titles of ownership; production takes place elsewhere, behind high walls, on private property, in production processes.

Permanent link to this article: http://new-democrats.com/gdp-illusion-5/

Corporate Scam Gets Covered Up – a short story

This was an open advertisement to everyone : “Backdoor entries in Fraud Motor company . Please contact ANIL in this own number “

Permanent link to this article: http://new-democrats.com/corruption-short-story/

“Extract Product from Low Wage Workers” – Morgan Stanley Economist

This entry is part 4 of 7 in the series GDP Illusion

In all of our three archetypical global commodities, gross profits, i.e., the difference between their cost of production and their retail price, are far in excess of 50 percent, flattering not only northern firms’ profits but also their nations’ GDPs.

Permanent link to this article: http://new-democrats.com/gdp-illusion-4/

iPhone, T-Shirts : Sweated Labour makes US, Germany rich

This entry is part 3 of 7 in the series GDP Illusion

The Bangladeshi factory makes 125,000 shirts per day, of which half are sold to H&M, and the rest to other western retailers. Workers at the factory, 85 percent of whom are women, earn just €1.36 per day for a 10–12 hour shift.

Permanent link to this article: http://new-democrats.com/gdp-illusion-3/

iPhone, iPod – Apple stealing from China

This entry is part 2 of 7 in the series GDP Illusion

12,250 Chinese production workers received $1,540 per annum, or $30 per week—just 6 percent of the average wages of U.S. workers in retail, 3.2 percent of the wages of U.S. production workers, and 1.8 percent of the salaries of U.S. professional workers

Permanent link to this article: http://new-democrats.com/gdp-illusion-2/

Who makes the iPhone – Apple or Chinese Workers?

This entry is part 1 of 7 in the series GDP Illusion

What contribution do the 300,000 workers employed by Foxconn International in Shenzhen, China who assemble Dell’s laptops and Apple’s iPhones—and the tens of millions of other workers in low-wage countries around the world who produce cheap intermediate inputs and consumer goods for western markets—make to the profits of Dell, Apple, and other leading western firms?

Permanent link to this article: http://new-democrats.com/gdp-illusion-1/

IT Layoffs – Are we really smart?

This entry is part 9 of 9 in the series IT Life

“life of IT employees with good salary, onsite exposures is more of fun provided employee learn to resist illegal terminations and fight for their rights in work place.”

Permanent link to this article: http://new-democrats.com/life-of-it-employees-fun-or-problems-9-en/

Facts and Laws – Rights, safeguards for working women

The Factories Act No woman employee can be forced to work after 7:00 pm. If at all they work overtime, only 2 hours over time is allowed. Cab must be provided for them with doorstep drop if they logoff after 7:00 pm; either a male associate or a security guard should be in the cab …

Continue reading

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Women in IT – Are we really Empowered?

If we raise concern on this, to manager or transport admin, they say that the system will not allow to raise request beyond this time. Had we ever questioned who created the system/app? And for whom it is all created?

Permanent link to this article: http://new-democrats.com/women-in-it-are-we-really-empowered/

BJP, Karnataka, Reddy Brothers : Billion dollar question about Billion dollar Mining scam

Karnataka BJP chief and former CM B.S. Yeddyurappa said that he had “pardoned” Janardhan Reddy “in the interests of the state”.

Permanent link to this article: http://new-democrats.com/bjp-karnataka-reddy-brothers-billion-dollar-question-about-billion-dollar-mining-scam/

Gorakhpur children deaths – Am I really guilty? : Dr. Kafeel Khan

It was a total administrative failure at higher level, they did not realise the gravity and just to save themselves, they made us scapegoat and put us behind the bars so that truth will remain inside Gorakhpur jail.

Permanent link to this article: http://new-democrats.com/gorakhpur-tragedy-kafeel-khan-letter/

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