Category: World

How to save the world from the capitalist madness!

This entry is part 8 of 8 in the series Deriving Capital's Future

From around 2003 the lending was over-extended, and households took out loans that were unlikely to be repaid: the now-familiar story of ‘sub-prime’ and ‘originate-to-distribute’. Significant parts of labour failed to deliver the repayments which formed the income streams of the mortage-backed securities.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-8/

“proactively strengthen ourselves” – May Day message from IT Employees

Corporates, governments, judiciary, police all of them unitedly wage this war against our livelihoods. Hence to win over our rights by fighting this injustice, we do have to unite ourselves under the IT union.

Permanent link to this article: http://new-democrats.com/mayday-messages-from-it-employees-en/

Cognizant steals employees pay, prepares to retrench 000s

These employees will not only lose their hard earned variable pay component, but also will be marked for retrenchment as part of Cognizant management’s cost reduction/profit maximisation plan.

Permanent link to this article: http://new-democrats.com/cognizant-steals-employees-pay-prepares-to-retrench-000s/

Communication Workers of America – Union

Union of information technology workers in US

Permanent link to this article: http://new-democrats.com/communication-workers-of-america-union/

Your smart-phone can be used to trap you

This entry is part 4 of 7 in the series Digitial Economy

“Think of all the people you’ve ever called or emailed, and all the people you’re connected with on Facebook and LinkedIn. What are the chances that one of them has committed a serious crime, or will do so in the future?”

Permanent link to this article: http://new-democrats.com/your-smart-phone-can-be-used-to-trap-you/

Swedish Software Firm works without a CEO

“You probably wouldn’t layoff your co-worker to increase the value of your stock, would you? Or give yourself a pay raise on making your co-workers take a pay cut!”

Permanent link to this article: http://new-democrats.com/swedish-software-firm-works-without-a-ceo/

Capitalism – Titanic without life boats for the masses!

This entry is part 7 of 8 in the series Deriving Capital's Future

‘Who does labour confront when in confronts capital?’ was always a difficult question to specify, but it has become more complex. Labour now confronts a competitive system of calculation, which we name as ‘capital’.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-7/

“Toxic Mix – A Handbook of Science and Politics” – book introduction

This brief introduction to modern science and politics demonstrates the dangerous consequences that result whenever the federal government, often allied with big business, distorts or misrepresents scientific evidence to advance a political agenda.

Permanent link to this article: http://new-democrats.com/toxic-mix-a-handbook-of-science-and-politics-book-introduction/

How the 1% drove 99% to debt and destruction – US experience

This entry is part 6 of 8 in the series Deriving Capital's Future

… the owner of the security owns the income stream from the toll roads but without owning the roads themselves. … owns the stream of interest payment on mortages, but does not own the mortages themselves.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-6/

Digitized Agriculture? Automated IT Jobs? – IT Union Meeting

Demonetization, Farmers Suicide Impact of Trump Presidency and IoT 8 hours work – How CTS conceded Nero’s Guests – Documentary Date : 21st January 2017, Saturday Time : 3 pm to 7 pm

Permanent link to this article: http://new-democrats.com/digitized-agriculture-automated-it-jobs-it-union-meeting/

How globalized gambling started driving our lives

This entry is part 4 of 8 in the series Deriving Capital's Future

The market based allocation of resources model started taking more and more bizarre forms and now ends up as an organized gambling by the richest 1% with the lives of billions and the future of our entire planet.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-4/

A cut from our electricity bill goes to gamblers!

This entry is part 3 of 8 in the series Deriving Capital's Future

the existence of the security means that the payment for electricity by households is not simply an act of consumption, constituting the end of a process of electricity production and distribution.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-3/

Home loans, Oil Price, Weather – Derivatives gamble on everything!

This entry is part 2 of 8 in the series Deriving Capital's Future

hese products are not entirely internal to the corporate and financial world. The process of securitization draws households into the mix, albeit as providers of income streams for securities rather than as market traders.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-2/

Derivatives – a demon sucking the world dry!

This entry is part 1 of 8 in the series Deriving Capital's Future

We conjecture that derivatives are not a pathological growth on capitalism – a distortion of some ‘true’ capitalism. They are integral to capitalism and the expression of its essential property relations and its inventiveness.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-1/

Capitalism – A love story

Wall Street, investment bankers and commercial banks; home foreclosures, evictions, bank bailouts, political manipulations and a lot of historic background on how this come to pass.

Permanent link to this article: http://new-democrats.com/capitalism-a-love-story/

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