Entries in the 'Economy' Category

“More Join Spanish Army In Times Of Crisis”

Dr. Michael LaitmanIn the news (from Expatica): “The number of applicants for the Spanish army rose almost 82 percent last year compared to 2007 as a result of job cuts during the economic crisis, Spanish daily El Pais reported on Tuesday.

“The army received 78,575 applications in 2008 compared to 43,036 in 2007, making for an average of 3.42 applicants per vacancy compared to 1.73 applicants one year previously, El Pais cited official figures as showing.

“Spain abolished compulsory military service in 2001 and currently has 81,607 people in the armed forces.”

My Comment: Undoubtedly, these young people would be happy to be included in the system of integral education, becoming then the teachers and instructors for the rest. And what about the millions of others—the unemployed and sinking …?
[113002]

Related Material:
Spain’s Unemployment Rate Rises To 21.5%
Europe’s Lost Generation
“Europe In 2013: A Year Of Decision”

Jobless G20

Dr. Michael LaitmanIn the News (from OECD): “We, the Heads of the International Labour Organisation and the Organisation for Economic Cooperation and Development, call upon the Ministers of Labour and Employment of the G20 countries to reinforce their cooperation with a view to enhancing the design and scale of their employment, labour market and social protection policies in order to achieve higher levels of productive and rewarding employment and to contribute to a strengthening of the world economy.

“Even though six years have elapsed since the start of the global financial crisis, the rate of employment growth remains weak in most G20 countries, preventing a significant decline in high levels of unemployment and under-employment.

“As reported in the background documents prepared jointly by the ILO and the OECD for the G20 Labour and Employment Ministers meeting, there is considerable diversity across countries in labour market conditions. Over the last 12 months, unemployment has dropped marginally in half of the G20 countries while it has risen in the other half. Unemployment is above 25 per cent in South Africa and Spain; 11 per cent or above in France and Italy and for the EU as a whole; above 7 per cent in Canada, Turkey, United Kingdom and United States; and below 6 per cent in Australia, Brazil, China, Germany, India, Indonesia, Japan, Republic of Korea, Mexico, Russian Federation and Saudi Arabia.

“Across all G20 countries, the total number of unemployed reached 93 million in early 2013, some 30 per cent of which on average have been unemployed for over one year. …

“The employment situation in G20 countries would improve considerably with a more supportive external environment dependent on what G20 countries do for their own economy. This requires the collective effort of all countries working towards the shared objective of strong, sustainable and balanced growth.”

My Comment: The desire to reduce the number of unemployed and public anger and pressure is clear, but these efforts will lead to nothing because no one needs overproduction and the environment does not put up with it. It is necessary to rebuild the entire attitude towards work, labor, home economics, etc., which is possible only with an overall re-education of the human being.

It is not a difficult task, not too complicated, costly, or burdensome at all. But its effect is noticed immediately and clearly. The only problem is the psychological barrier that must be overcome by those, on whom the decision to introduce universal “Integral Education and Upbringing depends.
[112641]

Related Material:
EU Summit To Solve Unemployment
The Crisis Has Erased A Decade Of Growth In The Labor Market
Where Is The Solution To The Unemployment Problem?

The US Works Part-Time

Dr. Michael LaitmanIn the News (from Washington Examiner): “Behind Wal-Mart, the second-largest employer in America is Kelly Services, a temporary work provider.

“Friday’s disappointing jobs report showed that part-time jobs are at an all-time high, with 28 million Americans now working part-time. The report also showed another disturbing fact: There are now a record number of Americans with temporary jobs. Approximately 2.7 million, in fact. And the trend has been growing. …

“It’s a sad state of affairs for our country. While part-time and temp jobs reached highs last month, full-time jobs decreased by another 240,000. The recovery, or lack thereof, is being fueled by a shift from full-time to part-time work.”

My Comment: They lie—downsizing occurs everywhere, and the numbers are inflated to calm down the markets. Society is gradually transformed into a society that produces nothing; hidden unemployment is ubiquitous. People must be somehow occupied and countries are thinking about how to engage them. But this will not lead to appeasement because nature leads us to the realization of the need for a new level of development.
[112476]

Related Material:
The Crisis Has Erased A Decade Of Growth In The Labor Market
Unemployment: The Threat Of Global Scale
Will The Medicine Of The Future Be Able To Make Everyone Happy?

“IEA Offers Prize For UK Exit Plan From EU”

Dr. Michael LaitmanIn the News (from BBC News): “The Institute of Economic Affairs (IEA) has announced that it is holding a competition to find the best plan for a UK exit from the European Union. …
“The nine judges include former Chancellor of the Exchequer Lord Lawson, who wrote a newspaper article in May calling for the UK to leave the EU. …
“Lord Lawson said he welcomed the IEA’s initiative, adding: ‘Now that we have been promised an in-out referendum on Britain and the EU in 2017, it is essential that this momentous decision is preceded by a well-informed debate.’”
My Comment: Separation will not be profitable because the whole plan of nature is towards integration; it is necessary to change only the forms of connection and not to separate; the one who separates will face big losses and suffering. The world will move towards greater consolidation!
[112368]

Related Material:
German President Asks Britain To Stay In The EU
David Cameron: “Don’t Force Political Union”
Europe’s “Proud Empire” Is Entering A Cul De Sac Of History

“ECB Cannot Solve Euro Zone Crisis”

Dr. Michael LaitmanOpinion (Jens Weidmann, German economist, president of the Deutsche Bundesbank): “The European Central Bank cannot solve the euro zone crisis, Bundesbank chief Jens Weidmann told economists on Sunday, pressing the bloc’s governments to get their economies in shape and tighten their fiscal rules. …

“’Monetary policy has already done a lot to absorb the economic consequences of the crisis, but it cannot solve the crisis,”’ Weidmann said in his speech.

“’This is the consensus of the Governing Council. The crisis has laid bare structural shortcomings. As such, they require structural solutions.’”

My Comment: No one sees the end of this. And this awareness of the helplessness to regulate the economy is the best state of humanity. It should lead us, by the path of suffering and the realization of our egoism as evil, towards the need to change our nature by the method of integral education. It is gratifying to see how quickly the process of realizing the unknown is taking place… Suffering will force us to pay attention!
[112291]

Related Material:
“Tough, Painful Years Ahead for Euro Zone”
The Two Possibilities To Exit From The Crisis
Dictatorship In EU Will Lead To Its Collapse

Why Advertising Works

Dr. Michael LaitmanIn the News (from EurekAlert!): “Researchers at Duke University who study how the brain values things – a field called neuroeconomics – have found that your feelings about something and the value you put on it are calculated similarly in a specific area of the brain. …

“Now, after a series of experiments in which subjects were asked to modify how they felt about something either positively or negatively, the Duke group is arguing that emotional and economic calculations are more closely related than brain scientists had realized.

“’This changes our frame of reference for thinking about these things,’ Huettel said. He said advertisers have long been using emotional appeals to get people to value their products, ‘but they didn’t know why it worked.’ …

“’It’s not the case that you never want to reappraise a positive emotion,’ said Huettel. But when buying a house or a car, it’s a good idea to dampen your infatuation down a bit, he added.”

My Comment: Time does its thing: Personal egoism came into conflict with the integral forces of nature, and people lose their desire to work for clothes and impress others. And others will find brands ridiculous. We will slide down against our will or rationally accept ease and convenience as style. And our desires will direct us at the invisible goal – the meaning of this life
[111938]

Related Material:
Advertising, Consumption, And Unemployment…
Where Does The Culture Of Consumerism Come From?
What’s The Surest Bet to Save Your Money In Time Of Crisis?

More Food Is Produced Than Humanity Needs

Dr. Michael LaitmanIn the News (from The Washington Post): “It’s a question that keeps crop scientists up at night: How are we possibly going to feed the world over the next few decades?

After all, consider what we’re up against: The global population is expected to swell from 7 billion today to 9.6 billion by 2050. …

“Farmers are doing everything they can to squeeze more productivity out of their farmland, but they’re starting to hit a biological ‘wall,’ a limit on how much yields can keep rising.”

My Comment: Actually, the only problem is that food is distributed unevenly between different countries. And its even distribution depends only on people, on their care for each other. And no international organizations will solve this problem.

Otherwise, in full abundance, we arrive to the point that half of humanity throws out surplus food that would suffice the second half. And the hungry half raises riots and wars. Nature forces the human being to change himself.
[111867]

Related Material:
Half Of The World’s Food Is Wasted
There Is Food, But No Desire To Share It
World Hunger Help Is Failing

EU Summit To Solve Unemployment

Dr. Michael LaitmanIn the News (from Reuters): “Angela Merkel’s summit on youth unemployment in Europe is an attempt to paper over the economic consequences of the austerity policies she championed in the region, a leading member of Germany’s opposition Social Democrats (SPD) said on Tuesday.

“With unemployment in the euro zone at a record high above 12 percent, Merkel will gather the leaders and labor ministers of more than 20 EU nations in Berlin from about 2 p.m. local time (8:00 a.m. EDT) on Wednesday.

“The stated aim is to agree efficient ways to spend the 6 billion euros ($7.82 billion) EU leaders have allocated to fight youth unemployment in 2014 and 2015, as part of a new ‘Youth Guarantee’ to provide jobs, training and apprenticeships.

“In recent months, as unemployment in southern Europe has soared, Merkel has adjusted her rhetoric, emphasizing the need for growth and jobs.”

My Comment: If these funds were directed at establishing a network of integral education courses, we would see changes in people and their lives within the first month of studies. Otherwise, it will be the usual European budget “cutting.”
[111589]

Related Material:
A Plan To Combat Youth Unemployment In The EU
Europe’s Lost Generation
“Europe In 2013: A Year Of Decision”

“The Middle-Class Revolution”

Dr. Michael LaitmanOpinion (Francis Fukuyama, American political scientist, political economist): “The theme that connects recent events in Turkey and Brazil to each other, as well as to the 2011 Arab Spring and continuing protests in China, is the rise of a new global middle class. …

“In Turkey and Brazil, as in Tunisia and Egypt before them, political protest has been led not by the poor but by young people with higher-than-average levels of education and income. They are technology-savvy and use social media like Facebook FB +0.45% and Twitter to broadcast information and organize demonstrations. Even when they live in countries that hold regular democratic elections, they feel alienated from the ruling political elite. …

“A 2012 report by the European Union Institute for Security Studies, using a broader definition of middle class, predicted that the number of people in that category would grow from 1.8 billion in 2009 to 3.2 billion in 2020 and 4.9 billion in 2030 (out of a projected global population of 8.3 billion). …

“None of this is a new phenomenon. The French, Bolshevik and Chinese Revolutions were all led by discontented middle-class individuals, even if their ultimate course was later affected by peasants, workers and the poor.

“While protests, uprisings and occasionally revolutions are typically led by newly arrived members of the middle class, the latter rarely succeed on their own in bringing about long-term political change. This is because the middle class seldom represents more than a minority of the society in developing countries and is itself internally divided. Unless they can form a coalition with other parts of society, their movements seldom produce enduring political change. …

“No politician in the U.S. or Europe should look down complacently on the events unfolding in the streets of Istanbul and São Paulo. It would be a grave mistake to think, ‘It can’t happen here.’”

My Comment: The question is with what they will go to people. The problem is not to cheer up the masses, but to lead them to real changes. Real changes can happen only if they occur in accord with the development of nature and society, that is, towards the integration of humanity.

Therefore, the only real solution to all urgent problems of society is in the implementation of the method of integral education and upbringing among the general population. Reconstruction and resetting of the social structure is possible after that on the basis of the acquired knowledge and new skills of integral interaction.
[111481]

Related Material:
“Inequality Is Holding Back The Recovery”
The European Crisis: Homelessness Spreads To Middle Class
The Crisis Will Last For Many Years

The Banking System In Short

Dr. Michael LaitmanOpinion (from War and Peace): “Because so few people know how the system works, nearly nobody sees how – in an almost mechanical way – banking with thin air parasites society like a cancer tumor and reduces people to cogs to appease its financial hunger. …

“The solution of all these problems is as simple as its cause. We have to create a bank that is of all of us, a state bank with the exclusive right to create money. There must be a prohibition on creating balances out of thin air and on lending out balances. A state bank does not need capital and does not need profits. The interest can stay very low, or be compensated by fiscal measures.

“The interest flows back to the community. A money system with such a state bank does not need money growth, profitability growth, inflation, productivity growth, competition, exploitation and unemployment. When decided democratically, the government can take over the collective services again and execute them in the interest of the citizens.

“Also, investments can be directed to where such is desirable for society and not where the safest and fastest financial gains can be obtained. The government won’t depend on the bankers anymore. The public debt will be of the past. Collectively we can turn to sustainability and wellbeing, instead of devouring, wasting and pressing out employees to please money-lenders.

My Comment: It is impossible to do without correcting people; otherwise people will still find a way to cash in on each other.
[111376]

Related Material:
The World Is Ruled By Those Who Have The Power To Create Money
The Deadly Symptom Of Capitalism
20 Signs That The World Could Be Headed For An Economic Apocalypse In 2012