HPC001
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Posts posted by HPC001
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I'm not saying it's their fault - it isn't. but don't just stand there feeling sorry for yourself. Do odd jobs, knock on doors, work as an office gopher, anything.
Hence the rest of my post.
It's also interesting that further down the article:
Figures also showed that nearly half of 16 to 17-year-old school leavers who were ready for work in the third quarter of 2010 were unable to find a job.Clearly experience is a large factor as I thought...their relative cheapness isn't helping them get jobs, at any rate.
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given the calibre of many graduates these days I am not surprised.
Particularly if they are turning up their noses as non graduate jobs because they have a degree in management studies.
I'm sure those with that luxury probably live off the bank of Mum and Dad anyway.
People need more humility, if the only job available is flipping burgers - take the damn job until something better comes along.The lowered demand for labour isn't their fault. I do agree that sitting around doing nothing is stupid, at the very least take part in voluntary work or something...
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How many of those are inexperienced I wonder.
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There is an argument for implementing some Sharia Law for finances in general.
http://en.wikipedia.org/wiki/Islamic_economic_jurisprudence#Property
http://en.wikipedia.org/wiki/Islamic_economic_jurisprudence#Monetary_.26_Fiscal_Policy
Incidentally the muslim banks would have survived the 2008 financial crisis whilst many western banks wouldnt have.
That policy sounds remarkably Georgist. Taxes on land\resources and money supply based on trade\population indices.
Just a shame their social policies would be less than agreeable...
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1. But the rioters got what they wanted they did not pay the poll tax . For many others including myself the new tax was worse but those that rioted got what they wanted . For them in that case rioting worked.
I don't take a short-term view, but we'll just have to agree to disagree here.
2. I bought up the race riots to explain to you that people who rioted got something . Ask a 50 year old Blk man what racism he had to put up with and ask his 20 year old son they would be very different answers . Not saying there is not racism now but things are far better than they were back then.You said rioting never solved anything I dissagreed and gave you instances where riots did change something. That s all.
Getting a job on the basis of skin colour doesn't make for a good compensation. What would really have made sense is to ignore the skin colour completely. Not have this "positive discrimination" nonsense. I think the major problem black folk had (and still have) was their families were unstable - once that issue is addressed, the next generation will aspire to better things.
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Don't pay attention to the 99% or the 1%. Don't worry about them. However, do worry about your future.
That's exactly what didn't help. The unions failed because ultimately they were after their own self-interest, and did not attempt to improve the playing field they were on. They campaigned for pay rises but not shifting of tax to rentiers. They campaigned for paid leave but not a social credit system. They failed to appreciate the difference between industrial capital and finance capital. Etc etc.
What real strong skills do you have? What useful stuff did you learn at school or uni? Can you make something, repair something, build something, etc? Can you do something which will improve profits of a company? Can you do something for which some people would pay money? What's your real talent? What's your real passion? What subject area is your favourite and you know it so well that your knowledge might be helpful to someone? How many books do you read per week?Take it to PM please.
But you must know that most young people would accept that kind of help. That's why the UK society is not going to change anytime soon.Provided said parent earned the wealth, I don't begrudge them passing it on. Henry George, in that quote, was referring to landlords skimming off the wealth of the productive people on the land. Simply put, increased rent demands swallowed any productivity improvement. The same applies to banks lending out the tokens used to trade with, at interest, which also acted as a drag on the economy.
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Not the point you said they never solved anything . Whcih is not the case they have changed things in the past . What Major did afterwards is another issue , some people rioted and got what they wanted .
A worse set of taxes than poll tax. No, not a victory at all. The illusion of one.
Go back to 1981 it was only after the Brixton riots and those in toxteth liverpool that the govenment looked at race issues and the plight of people in certain race groups and things have changed since .Race is irrelevant to what I said, why are you bringing that up? The government metaphorically breaking my legs then handing me a crutch afterwards is not what I want.
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But your dreams are consumerist and that's why you're angry.
So, wanting to settle down and have kids is consumerist? If I can afford that, luxuries are of no concern to me. Did you miss that great whopping quote I included a few posts back? This isn't about me per se, this is about 99% of the populace versus the 1% that caused the economic problems we're in...
BTW, would you care for the UK young if your rich dad set you up a cosy job for say 50k once you've left the uni?I'll assume that's a completely hypothetical question, as the reality is different. No, I would not accept that kind of offer, that would imply I can be bought off and make me a huge hypocrite.
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Riots are not serious action in my book.
However, opting out of the consumerist society and stop using banks and watching TV might be an option.
Don't have a TV, don't have the money to be consumerist, and I had to have a bank account to be paid anything (or at least I don't know anyone still using Giros to pay their employees).
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It got rid of the poll tax and was the undoing of MT.
Only for Major to bring in council tax, PPPs and the fuel tax escalator. Some victory..
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Sadly, because of cheap booze, computer games, etc. many young people don't see how they've been robbed. So, they're unlikely to make any serious fuss about it - and that's the problem.
Rioting didn't solve anything, hell the first thing the Daily Mail crowd did was to call for blood when that happened.
The condemnation of the poor is nothing new:
"In a society where unjust division of wealth gives the fruits of labor to those who do not labor, the classes who control the organs of public education and opinion—the classes to whom the many are accustomed to look for light and leading, must be loath to challenge the primary wrong, whatever it may be. This is inevitable, from the fact that the class of wealth and leisure, and consequently of culture and influence, must be, not the class which loses by the unjust distribution of wealth, but the class which (at least relatively) gains by it.
"Wealth means power and ‘responsibility,’ while poverty means weakness and disrepute. So in such a society the class that leads and is looked up to, while it may be willing to tolerate vague generalities and impracticable proposals, must frown on any attempt to trace social evils to their real cause, since that is the cause that gives their class superiority. On the other hand, the class that suffers by these evils is, on that account, the ignorant and uninfluential class, the class that, from its own consciousness of inferiority, is prone to accept the teachings and imbibe the prejudices of the one above it; while the men of superior ability that arise within it and elbow their way to the front are constantly received into the ranks of the superior class and interested in its service, for this is the class that has rewards to give. Thus it is that social injustice so long endures and is so difficult to make head against.
"Thus it was that in our Southern States while slavery prevailed, the influence, not only of the slaveholders themselves, but of churches and colleges, the professions and the press, condemned so effectually any questioning of slavery, that men who never owned and never expected to own a slave were ready to persecute and ostracize any one who breathed a word against property in flesh and blood—ready, even, when the time came, to go themselves and be shot in defense of the ‘peculiar institution.’
"Thus it was that even slaves believed abolitionists the worst of humankind, and were ready to join in the sport of tarring and feathering one."
-- Henry George, Protection or Free Trade, pp. 294-6
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Well young Brits here can get a house paid for them, no council tax, free public transport, free medical treatment, free dental treatment and free cash every week for doing virtually nothing.
I'll give you on the council tax, but the rest, complete ********. What free public transport? I paid the standard rate. As for housing, under 25s are usually capped to the rate of a single room, if they can secure one. I was being asked to pay a huge fee (£65) just to register at a clinic, not that I particularly need to at this point. I guess £50 a week dole was too much...
No landlord would rent to me when I was out of work, resulting in homelessness more than once, and making the HB useless. If it wasn't for some recent contract work, I'd be out on the street again. I'm not eligible for benefits right now either.
Even if you tried the "pop a sprog out" route, the best you can expect is a B&B room. There are no houses available. The waiting list locally is 12,000 according to council figures.
So they dont exactly have it too bad - do they ?Depends who exactly you're talking about.
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Fractional reserve banking driven by a profit motive is far from perfect.
It is also less imperfect than any other real world model that I have seen to date.
By definition, if a better, real world, model existed, it would have already have been adopted.
http://www.webofdebt.com/articles/fiscal_responsibility.php
For an example, I refer you to North Dakota, which has sidestepped the budget crises of the US.
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North Dakota and Montana seem to be doing fine though..
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I always thought the shortage of land and the fact that they are not making any more in the tiny island of OZ was the reason prices will always go up there.
Sorry my apologies for the off-topic, let's get back to the Australian market.
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We don't even have proper property tax, just a regressive and capped Council Tax.
And capital gains from one's main residence is tax free.
And the more restrictive a local planning system is, more expensive the local properties become. Perverse incentive or what? (Please see my sig., below.)
Provided you're not doing stuff like making kiddie porn or dumping nuclear waste in your backyard, I don't see the need to interfere with someone's use of land. What I do object to is 90% of the land being owned by a handful of oligarchs while we peons fight over the remaining 10%, productive activities taxed to the hilt without a viable means of exchange other than central bank usury.
I think the following quote on Victorian era economics is still highly relevant today:
This imperfect policy of non-intervention, or laissez-faire, led straight to a most hideous and dreadful economic exploitation; starvation wages, slum dwelling, killing hours, pauperism, coffin-ships, child-labour -- nothing like it had ever been seen in modern times....People began to say, perhaps naturally, if this is what State absentation comes to, let us have some State intervention.But the State had intervened; that was the whole trouble. The State had established one monopoly, -- the landlord's monopoly of economic rent -- thereby shutting off great hordes of people from free access to the only source of human subsistence, and driving them into the factories to work for whatever Mr. Gradgrind and Mr. Bottles chose to give them. The land of England, while by no means nearly all actually occupied, was all legally occupied; and this State-created monopoly enabled landlords to satisfy their needs and desires with little exertion or none, but it also removed the land from competition with industry in the labour market, thus creating a huge, constant and exigent labour-surplus.
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Modern days highland clearances. Here in Britain the planning system blocks people access to even the most modest piece of land as building plots = for shelter, FGS.
"Neo-feudalism" is perfect to describe that.
That, and there are no penalties to hogging land. In fact, the recent bubble meant it was profitable to hold back land out of use awaiting higher prices.
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Rents are still on an upward trend locally, I'm not sure how given the level of unemployment...bank of Mum and Dad perhaps? Student loans?
If my time aiding in the running of a homeless shelter over the Christmas break was any indication, the casualties of the economic collapse are getting younger.
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I assume you are not trying to be smart...
I assume you're not offering a contrary opinion that explains why that won't happen...
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http://statistics.dwp.gov.uk/asd/index.php?page=hbctb
Gosh - some statistics!
That's not what I expected. If I tried to rent a place with HB here I'd be laughed out of the building...
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And the stations cost a fortune too, much like British public transport.
In China you can get a train that travels over 200 miles an hour. You can travel 126 miles first class for £13 in 45 minutes.
In the UK you'd be mad to get a train 126 miles, it would cost more than a flight and take a lot longer too!
Not if you book a couple of weeks ahead. I'll give you that Chinese trains can run faster, but their network is far less extensive and wasn't expanded off of Victorian construction.
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200,000 people going onto the rental market in one go is going to jack up the rental prices of smaller homes in the surrounding areas. If £600 a month for a studio flat is bad, just watch what happens when this lot up sticks simultaneously.
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At this rate I'll spend my entire life using public transport...
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When the young fellow at the session pointed this out they just wouldn't have it.
It was if jobs were all over the place just for the taking.
Wait, you're in W. London tonks? I should buy you a drink, we can drown our sorrows
Back on topic, I read that Mail story before, crazy world we live in...
Graduate Unemployment Hits 15 Year High
in House prices and the economy
Posted
Min wage for 16 year olds is £3.30, IIRC. Saving 44% on the wage bill per person is a big deal, I'd have thought.
Which of course, are virtually non-existent.