Monthly Archives: March 2017

The cake can wait – DAWN.com

Posted: March 10, 2017 at 3:09 am

The writer is a sociologist based in Karachi.

PAKISTANI liberals and conservatives are politically more alike than they think. In their respective journeys to claim the high moral perch, both groups are easily outraged by sex, religion and politics. Both are on a rescue mission to save the nation, democracy and Islam. In their competitive tussles, the most invaluable capital for both is womens rights the zeitgeist of modernity, cultural purity, international image and the nations progress.

On International Womens Day, this political contest plays itself out through public celebrations, seminars and well-funded chatter. The liberals say, we want womens freedoms (relative but not absolute). Similarly, the religio-culturalists say, We respect womens rights (not to be free but differently equal). They recall the discrimination and tyranny observed by imperial powers but only in the form of Islamophobia not sexism, racism, homophobia.

Then, in the midst of their talk-shops in hotels and many gigabytes of selfies, both groups respectively cut a cake, missing the proverbial irony of eating cake while bemoaning how the masses have no bread. A day marked for the struggles of women workers for fair wage and gender rights on the factory floor has become a narcissistic love-fest. To promote womens causes on all occasions is to be commended and supported. To reduce this opportunity to birthday-like celebrations with repetitive content and empty slogans is just a wasted opportunity.

Neither groups challenge or scrutinise the economic conditions of women in any substantive way. The dependency of liberal womens groups on international funding has limited their activism within a neoliberal framing. At best, they support some income-generation schemes for women. There is no national campaign to lobby for laws and policies to tackle womens unemployment or the hazards and insecurities experienced by women in the informal sector. There is no sustained movement for equal wages or to support a surge from home-based work to the market. In light of the national obsession with CPEC, activists do not even ask, whats in it for women?

Multinational firms and corporations shamelessly peddle womens causes for publicity. Yes, women should promote their cause on all platforms but feminist activists have become incidental guests to sex up these events, rather than organisers and drivers of its content. Sponsored festivals are designed for repetitive, anecdotal discussion and entertainment, instead of relevant, radical or strategic purposes. Womens groups must reject such imposters who masquerade as supporters of womens rights.

Womens empowerment, development, and upliftment are vague, diluted concepts that are no longer objectionable to anyone. Religiously-inspired NGOs now compete for donor funds from the same Western sources that Islamists used to deride. Even the corporate sector has learned to commodify womens religious needs and developed corresponding products to meet such demands. The market is profitable, the message is compelling: buy halal.

International Womens Day needs revision and reframing. It should be an opportunity to discuss the stabilising of womens economic categories, radically restructuring the informal sector beyond safety nets and cash handouts and, for recommending an emergency policy for women agricultural workers. This largest womens labour force needs critical attention.

Anti-imperialists cry hoarse against the horrors of Americas anti-migration policies but are silent on the poverty-inducing burden of internal migration on women agricultural workers. No one cares about the irony of not knowing how to apply the sexual harassment law for this largest group of female labour in the country.

Similarly, the widespread practice of trafficking of women is a straightforward economic issue.

The Benazir Income Support Programme has empowered women in unexpected ways. But protective policies need to be replaced by proactive economic incentives and subsidies of services for working women in the informal sector (transportation vouchers, daycare services, skill improvement). The office of the ombudsmen for sexual harassment at the workplace could be supported by additional mechanisms to deal with complaints by women who face discrimination in wages, promotions and gratuity in the formal sector.

Womens movements should aim to revolutionise womens economic integration. We need to ensure a carefully gendered census. We need a plan that prioritises women agricultural workers, Fatas tribal women, women in the informal sector and which prevents the trafficking of women. Research and strategic thinking, radical policies and activism must break the mould of producing repeat studies and advocacy efforts and centralise the economic agenda, now. Then, women can cut their own cakes if they want.

The writer is a sociologist based in Karachi.

Published in Dawn, March 8th, 2017

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The cake can wait - DAWN.com

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Universal basic income: utopian dream or libertarian nightmare? – Figthback Canada (blog)

Posted: at 3:09 am

Universal basic income (or UBI), an unconditional payment to all citizens, has become part of the economic zeitgeist in recent times, embraced by advocates on both the Left and the Right as a solution to the symptoms and sores of the crisis-ridden capitalist system.

John McDonnell, the veteran Labour left and Shadow Chancellor, has announced recently that he and his team are exploring the idea as a centrepiece of Labours economic programme. Across the Channel, Benot Hamon, the so-called French Corbyn and Socialist Party presidential candidate, has promised a UBI if elected. Meanwhile, the possibility of a UBI has even gained traction in India, where the policy has been seriously suggested as a simple alternative to the complex web of welfare provisions currently on offer.

But what would be the real impact of UBI? Why has it suddenly risen to prominence as a demand in the past few years? And, most importantly, who is actually raising the proposal and in whose interest?

An apocryphal tale is told about Henry Ford II showing Walter Reuther, the veteran leader of the United Automobile Workers, around a newly automated car plant.

Walter, how are you going to get those robots to pay your union dues, gibed the boss of Ford Motor Company.

Without skipping a beat, Reuther replied, Henry, how are you going to get them to buy your cars? (The Economist, 4th November 2011)

The story recounted above is likely fictional. Nevertheless, it draws upon and highlights a very real and grave concern amongst the more far-sighted bourgeois commentators today: the threat of technological unemployment the so-called race against the machine.

Far from welcoming the advances in modern technology and the vast potential for liberating humanity that automation offers, the rapid pace of technological development today is seen as a dangerous and uncontrollable force that could make vast swathes of the working and even middle class obsolete in the not-too-distant future.

Who, in this scenario, the above anecdote asks, will buy all the plethora of commodities that the world economys vast productive forces continue to churn out?

Above all, this question of automation and machinery has begun to shine a light upon the contradictions of the capitalist system, exposing the rank hypocrisy of those politicians who demand austerity and attacks on ordinary people, whilst in the same breathe venerating the billionaire entrepreneurs who, between just eight of them, control as much wealth as half the worlds population put together.

It is becoming increasingly clear to those who have eyes to see that an army of robots has helped to create a reserve army of labour, as Marx described it: a mass of unemployed whose presence puts a downward pressure on wages for those in work. Those replaced by new technology are not retrained and re-educated in order to give them the skills required to keep up with this ever-accelerating treadmill of capitalism; instead they are thrown onto the scrapheap and forced into the rapidly expanding gig economy a shadowy netherworld of bogus self-employment, insecure work, and zero-hour contracts.

The result is that, despite the array of automation and technology deployed in production, the growth in productivity across the economy has actually stalled; it is cheaper, from the point of view of the parasitic profiteering capitalist, to recruit from the ranks of the precariat desperately looking for a job than to invest in machinery that actually reduces the need for labour. From the perspective of capitalism, then, there is both too much automation in terms of technological unemployment and, simultaneously, too little, with the stagnation of productivity.

It is this context of a broken economic engine that we see the emergence of the demand for a universal basic income, or UBI: a uniform payment given to all in society, regardless of wealth or needs.

The idea behind the UBI, in theory, is that it would break the link between work and pay, providing on the one hand workers who have been made redundant by robots a safety net that prevents them from getting stuck in low-paid, precarious jobs, whilst also allowing them to transition from obsolete industries into new, more productive sectors. And on the other hand enabling the capitalists to invest in automation and new technology without the moral anxiety (or, more importantly, the practical concern) of adding to societys legion of the unemployed. Et voil! The wheels of capitalism are well and truly greased: investment goes up; productivity increases; the economy grows and meanwhile workers are able to smoothly move from one job to another for the rest of their lives.

Would that it were so simple. The reality is that productive investment today is at an all-time low, not because of any principled apprehension about the fate of sacked workers, but because of the enormous levels of overproduction or excess capacity as the bourgeois like to euphemistically describe it that hang like an albatross around the neck of the global economy. The capitalists invest, not to provide jobs, meet needs, or develop the productive forces, but to make profits. If goods cannot be sold because ordinary families do not have the money to buy them, then industry will be mothballed. And if the bosses can get more profit out of ten exploited workers than from one shiny new machine, then the workers will stay in place and productivity will remain sluggish.

Indeed, the relationship between work and pay has already been broken but not in any positive sense. In all countries both in the advanced capitalist countries and the so-called emerging economies the share of wealth going to labour has decreased, with real wages remaining stagnant despite an increase in GDP. The working week grows longer, and yet take-home pay stays the same.

Despite being raised on the basis of fundamentally false premises, the call for a UBI has nevertheless found an echo in this epoch of eye-watering inequality. Already, social and economic experiments involving UBIs are underway in a variety of countries, including Canada, Finland, and Holland. In Switzerland, a proposal for a SFr30,000 per annum (around 24,000 per year) UBI was rejected by 77% to 23% in a referendum on 5th June 2016. In Britain, meanwhile, the demand for a UBI has been raised by the leaderships of both the Labour Party and the Green Party.

For those on the Left, the UBI is proposed as a progressive demand: a reinforced safety net, beyond the sticking plaster of the current welfare state, funded through increased taxation on big business and the rich. Raised in such a manner, it is clearly a demand like any genuine reform that should be supported and fought for.

UBI, however, is not an inherently left-wing or progressive measure. The idea of a universal payment, in fact, has many advocates on the libertarian right. Indeed, even prominent bourgeois economists such as Milton Friedman have made similar proposals in the past, with his idea for a negative income tax.

For these respectable ladies and gentlemen, the concept of a UBI has great appeal as an extremely streamlined version of or, worse still, replacement for the welfare state. In one fell swoop, these small government zealots suggest, one could simplify (read: slash) vast swathes of the taxation and benefits system, eliminating bureaucracy and reducing market interference.

At the same time, one can clearly see the attraction of the UBI to the Schumpeterian liberals who preach the virtues of the invisible hand and the powerful transformative forces of creative destruction. Provide a primitive safety net, eradicate barriers to job creation such as the minimum wage, and give the anarchy of the market a free hand to destroy industries and jobs, without any planning or provision of education and retraining. Its a libertarians dream and a nightmare for the working class.

Some free-market fanatics, meanwhile, have even advocated the idea of a relatively large UBI payment, but (and heres the catch) only on the proviso that pesky public services such as healthcare and education are scrapped, i.e. privatised, and opened up to profit.

Far from strengthening the conquests made by previous generations, therefore, one can see how the demand for a UBI can equally be raised by those looking to roll back and destroy such gains. Rather than increasing the welfare state in a progressive way by redistributing societys colossal wealth, a UBI could instead become a deeply regressive fig leaf for a wholesale attack on and privatisation of public services, bolstering the capitalist market instead of weakening it.

Marxists will fight for any reform that genuinely improves the living standards of workers and the poor. But in order to ascertain whether we can support this-or-that demand, we must first ask: is it really a reform that is being proposed, or in fact a counter-reform?

In this respect, the call for a UBI in the abstract is meaningless. The devil is in the detail. Above all, it is necessary to analyse the question from a class point of view and look at who is raising the demand, and most importantly in whose (class) interest.

As with all such reforms, the most pertinent question is: who pays? Where, one must ask, would the money come from? Indeed, it is this key point that right-wing opponents to UBI highlight.

In the case of the Swiss referendum last year, the government came out against the 24,000 per year that was being proposed on the grounds of this amount being unaffordable (to put the proposed level in perspective, however, bear in mind that the cost of living in Switzerland is painfully high, and average salaries are around twice this suggested UBI amount). In places such as Finland, the more reasonable UBI suggested is the miserable sum of approximately 5,700 per year a value that would be small change to the millionaires receiving it (dont forget, it is an unconditional universal payment, after all), but that would actually leave the poorest who currently rely on the provision of means-tested benefits worse off.

In order to provide a UBI payment better than what is currently on offer through the welfare state, some fairly significant tax increases would be required, as the Economist highlights with some hypothetical estimates:

Setting up a basic income would be no easy matter. To pay every adult and child an income of about $10,000 per year, a country as rich as America would need to raise the share of GDP collected in tax by nearly 10 percentage points and cannibalise most non-health social-spending programmes. More generous programmes would require bigger tax increases still.

Before continuing, let us make one thing crystal clear: the money clearly does exist to provide a decent UBI payment to all and at levels far beyond $10,000. As has already been noted, according to the recent Oxfam report on global inequality, just eight billionaires own as much wealth as the poorest half of the worlds population. Meanwhile, big business in the USA sits on an idle cash pile of around $1.9 trillion dollars.

The problem, however, is not economic, but political. To implement a genuinely progressive UBI would constitute the most ambitious and radical shake up of the redistributive taxation system since the cradle-to-grave welfare state was introduced in the post-war period. And yet, at a time when all these gains of the past are under attack from austerity, we see various well-meaning left-wingers calling for the UBI and proposing a titanic challenge to capital, with huge tax increases on the rich and corporations.

Everywhere we look, social democracy and reformism is in retreat as a result of the crisis of capitalism. Elected left governments, such as Syriza in Greece and Hollandes Socialists in France, far from carrying out progressive programmes of tax-and-spend, have been forced by the dictatorship of the banks to implement cuts and counter-reforms. But never mind all that: double or nothing!

In this respect, the demand for a UBI is only the latest utopian proposal from a nave layer of the left who imagine that austerity is ideological, and that we can somehow, surely persuade the rich and wealthy to kindly and quietly pass over the money for the good of society. This, at root, is what the advocates of UBI are relying on and hoping for: the benevolence and philanthropy of the capitalists and the establishment politicians who represent them.

Whilst the occasional multi-billionaire such as Bill Gates might well part with a small portion of their vast fortune voluntarily for charitable causes (and even then, often only as a cynical PR stunt), the capitalist class as a whole in the final analysis are in business to make a profit. And they do not and never have appreciated having their private wealth forcibly taken from them to fund the rest of society; hence the almost farcical tax-dodging schemes that the worlds biggest businesses are scandalously embroiled in. As Warren Buffett, the renowned billionaire investor, stated emphatically after pointing out that he pays less tax than his receptionist: theres class warfare, all right but its my class, the rich class, thats making war, and were winning!

Again, we should stress that the wealth is most definitely there in society to fund a genuinely progressive UBI system. But the only way such a reform would ever actually be introduced in any meaningful way is if the capitalists felt threatened to the point that they feared losing everything; that is, if the class struggle reached such intense and heightened levels that the ruling elites offered reforms from above to prevent revolution from below. And even then, in such a situation, the demand would have to be not for UBI, but for socialist revolution!

If the demand for UBI is to be posed and fought for by the Left, then it cannot be done so in a manner divorced from the question of class struggle. We cannot rely on the altruism of the rich and the compassion of the capitalist state, the essence of which as Engels explained and Lenin underlined consists of special bodies of armed men in defence of the property and interests of the ruling class.

Particularly at a time when governments everywhere are prostrating themselves before the invisible hand of the market, therefore, it is pure utopianism to suggest that the capitalists will happily and calmly agree to hand over their wealth to fund a decent UBI, or that the bourgeois state would ever be willing to begin on undertaking such a task.

The main limit of the call for a progressive UBI, as with all reformist demands, is that it fails to pose the question from a class perspective that is, to analyse who actually owns and controls the wealth and technology in society, and, most importantly, how they have come to have such control in the first place.

The problem with the UBI (and reformist policies in general), in other words, arises from its almost exclusive focus on the issue of distribution, rather than production. As Marx comments in his Critique of the Gotha Programme (a similarly reformist and utopian programme put forward by Marxs socialist peers, the Lassalleans):

Quite apart from the analysis so far given, it was in general a mistake to make a fuss about so-called distribution and put the principal stress on it.

Any distribution whatever of the means of consumption is only a consequence of the distribution of the conditions of production themselves. The latter distribution, however, is a feature of the mode of production itself. The capitalist mode of production, for example, rests on the fact that the material conditions of production are in the hands of non-workers in the form of property in capital and land, while the masses are only owners of the personal condition of production, of labour power. If the elements of production are so distributed, then the present-day distribution of the means of consumption results automatically. If the material conditions of production are the co-operative property of the workers themselves, then there likewise results a distribution of the means of consumption different from the present one.

Vulgar socialism (and from it in turn a section of the democrats) has taken over from the bourgeois economists the consideration and treatment of distribution as independent of the mode of production and hence the presentation of socialism as turning principally on distribution. After the real relation has long been made clear, why retrogress again? (our emphasis)

These words ring even more true today. By focussing on the question of taxation and redistribution, the modern leaders of the labour movement actually end up aiming their fire at the wrong people, alienating the middle classes with talk of taxes on incomes and personal property, rather than attacking the super-rich of the capitalist class, whose wealth is tied up in profits and capital often far beyond the reaches of the states tax collectors.

The emphasis for socialists, therefore, as Marx stresses, should not be on redistributing the wealth that has already been created in society (through taxation and welfare, etc.), but rather on having collective and democratic control over the means by which new wealth is created that is, the means of production. If such a rational plan of production was implemented, then questions of taxation, inheritance, redistribution, welfare, and so on, would quickly disappear.

For Marxists, the question of inequality, whilst important, is secondary. At root, our criticism of capitalism lies primarily not with these symptoms of the senile system, but with its fundamental disease: the laws of capitalism itself; the barriers of private ownership, competition, and production for profit, which stand in the way of the development of the productive forces of industry and science, technology and technique, and art and culture. As Leon Trotsky, the great Russian revolutionary and theoretician, commented in his Marxist masterpiece Revolution Betrayed,

The fundamental evil of the capitalist system is not the extravagance of the possessing classes, however disgusting that may be in itself, but the fact that in order to guarantee its right to extravagance the bourgeoisie maintains its private ownership of the means of production, thus condemning the economic system to anarchy and decay. (Leon Trotsky, Revolution Betrayed, chapter 1)

Today we see this fundamental evil of anarchy and decay vividly displayed by the contradiction of enormous cash piles in the hands of the big business alongside historically low levels of investment and stagnant productivity growth; by the absurdity of the potential for mass automation alongside fears of technological unemployment; by the concerns over forced idleness for millions, instead of the realisation of voluntary leisure for all.

UBI, for all its attempts to paper over the cracks, does nothing to stop this anarchy of the market and resolve the crisis of overproduction that has led society to this impasse. Indeed, as Marxists have always emphasised, no amount of reforms can unravel these fundamental contradictions of capitalism. Only the revolutionary transformation of society can cut through this Gordian knot.

Notably, there are also feminist advocates of UBI who support the demand on the grounds that a payment of this nature would challenge present notions about work, demonstrating the value of currently unpaid but socially necessary labour, such as housework. But the associated call of wages for housework is not a socialist demand. Marxists do not wish for women (or men) to be compensated monetarily for their domestic labour that is, to create wage labourers in the home alongside wage labourers in the workplace.

Instead, Marxists wish to do away with the concept of domestic work altogether: to take these currently privately performed tasks out of the hands of individual families out of the walls of isolated homes and to organise these socially necessary tasks in a social manner, as part of a rational plan of production. Only by socialising the question of childcare and domestic tasks, and removing this burden of labour off the shoulders of working class women, can we expect to achieve genuine gender equality in society.

As Engels remarks in Origins of the Family, Private Property and the State:

The emancipation of woman will only be possible when woman can take part in production on a large, social scale, and domestic work no longer claims anything but an insignificant amount of her time. And only now has that become possible through modern large-scale industry, which does not merely permit of the employment of female labour over a wide range, but positively demands it, while it also tends towards ending private domestic labour by changing it more and more into a public industry. (Frederick Engels, Origins of the Family, Private Property and the State, chapter 9)

The only way to instigate real, permanent change in society, therefore, is not to pay women for their domestic work, but to take domestic, unwaged labour outside of the individual home altogether; to make this labour a social task that is the responsibility of society as a whole; and ultimately to invest in new machinery and technology that allows for us to abolish this work altogether.

The invention of household machines such as the microwave, the dishwasher, and the washing machine have helped to massively reduce the time needed for domestic duties. The challenge now is to take this technology and put it under public and democratic control; to socialise these tasks as part of a socialist plan of production; and thus to liberate both working women and working men from the scourge of domestic labour.

Within modern capitalism, where the working class has managed to secure for itself through struggle publicly-funded services, such as the NHS, and a welfare state, the income a worker receives is effectively split into two parts: a wage paid by the employer in exchange for labour-power; and a social wage of publicly-provided benefits and services that are free at the point of use and provided on the basis of need, without any money being handed over.

Under socialism, the ratio between these two components would shift dramatically towards the latter. The unseen social wage would vastly increase, whilst the wage paid in exchange for labour-power would be diminished (in relative terms the total would of course increase as societys wealth grows). Instead of just receiving healthcare without any monetary transaction required, transport, housing, electricity, food, clothes, etc.: all of these, and even things currently considered luxury items, could be provided without any exchange as part of a socialist plan of production. The concept of value would gradually become meaningless and the money system would wither away.

With UBI, however, a third income variant is introduced: alongside the paid wage and social wage, we now have also the unconditional monetary payment of the UBI. For those on the libertarian right who are in favour of UBI, the introduction of this universal payment acts not to strengthen the socialist element of the social wage, but to weaken it, (as discussed earlier) by using the UBI as a pretext for opening up public services to privatisation.

Similarly, the introduction of UBI might also be used to justify the elimination of important reforms such as the minimum wage, putting workers on the back foot in the battle against the bosses. Far from eroding the power of money and the market, then, the UBI could serve to consolidate and bolster these forces.

Those on the Left who most enthusiastically and unthinkingly call for a UBI must therefore be careful what they wish for. Again, rather than embracing the ambiguous and dubious demand of UBI, the leaders of the labour movement should be pushing the call for nationalisation and workers control back to the fore.

The greatest irony regarding UBI is that those on the Left calling for it openly recognise all the glaring contradictions present in capitalist society, but then choose to turn the problem on its head, suggesting everything but the solution itself. They see the irrationality of mass unemployment alongside overwork; of inequality increasing whilst technology advances; of automation that enslaves us rather than liberates us: and yet they accept these irrationalities as a given fact admitting to capitalisms failings, but refusing to recognise capitalism as the root of the problem.

As with all reformist demands, the advocates of UBI are willing to propose the most extraordinary and utopian measures, as long as these do not challenge the one right that they consider to be the most inviolable and sacrosanct of all: that of private property. Indeed, it has even been suggested that UBI could be a capitalist road to communism that is, to Marxs maxim, from each according to their ability; to each according to their needs.

For such venerable ladies and gentlemen, competition and the pursuit of profit may be responsible for the scourge of inequality, unemployment, and economic crisis that blights society but to suggest abolishing the anarchy of the market is pure blasphemy. After all, as we revolutionaries are so frequently reminded we must be realistic!

Indeed, for some, as Thomas Paine the English-American Enlightenment political philosopher and one of the Founding Father of the United States argued, a form of UBI would be a tit-for-tat entitlement to all citizens conditional on them accepting the very existence of private property. As the Economist notes:

Thomas Paine would have relished such a prospect. His case for a basic income justified it as a quid pro quo for the existence of private property. Before the advent of private property, he believed, all men had been able to support themselves through hunting and forage. When that resort is taken from them, they should be compensated by means of a natural inheritance of 15 to be paid to all men every year, financed from a ground rent charged to property owners.

The ultimate limits of the UBI, however, are succinctly outlined by Shannon Ikebe of the Jacobin in an article entitled The Wrong Kind of UBI:

The fundamental dilemma of a basic income is that the more achievable [achievable] version in which basic needs go unmet without supplementary paid employment leaves out what makes it potentially emancipatory in the first place. Indeed, many commentaries cite basic income experiments to argue it does not significantly reduce work incentives.

This contradiction is directly tied to the fact that a basic income only addresses the question of distribution, while ignoring that of production. The kind of freedom from work or freedom through work, which becomes lifes prime want that an LBI [liveable basic income] envisions is, in all likelihood, not compatible with capitalisms requirements of profitability.

The dramatic strengthening of working-class power under a robust LBI would sooner or later lead to capital disinvestment and flight, since capital can only make profits through exploitation and wont invest unless it can make a profit. But slowing production would undermine the material basis of an LBI.

The only way out is to continue producing even if one cant make a profit. Thus, an LBI would sooner or later force onto the stage the age-old question of the ownership of means of production.

At best, then, the call for a UBI would be a transitional demand: a reform proposed to improve living conditions, but used to expose the irrationalities, absurdities, and contradictions of capitalism; a demand linked to the fight for the nationalisation of the key levers of the economy and the question of workers power.

The concerns over technological unemployment and the proposed palliative of UBI clearly highlight a ludicrous paradox whereby advances in automation and societys ability to produce more wealth with less work are seen not as progress, but as peril.

At the same time, to lay these contradictions bare also highlights the potential for a genuine socialist society, where mankind and machine exist in harmony: a society of superabundance; of fully automated luxury communism, where the motto from each according to their ability; to each according to their need can finally be realised in practice.

In his speech In Defence of October, Leon Trotsky, explaining the historic gains of the Russian Revolution, the centenary of which we celebrate this year, pointed the way forward for humanity:

Technical science liberated man from the tyranny of the old elements earth, water, fire and air only to subject him to its own tyranny. Man ceased to be a slave to nature to become a slave to the machine, and, still worse, a slave to supply and demand.

The present world crisis testifies in especially tragic fashion how man, who dives to the bottom of the ocean, who rise up to the stratosphere, who converses on invisible waves from the Antipodes, how this proud and daring ruler of nature remains a slave to the blind forces of his own economy.

The historical task of our epoch consists in replacing the uncontrolled play of the market by reasonable planning, in disciplining the forces of production, compelling them to work together in harmony and obediently serve the needs of mankind.

Only on this new social basis will man be able to stretch his weary limbs and every man and every woman, not only a selected few become a citizen with full power in the realm of thought

Once he has done with the anarchic forces of his own society man will set to work on himself, in the pestle and retort of the chemist. For the first time mankind will regard itself as raw material, or at best as a physical and psychic semi-finished product. Socialism will mean a leap from the realm of necessity into the realm of freedom in this sense also, that the man of today, with all his contradictions and lack of harmony, will open the road for a new and happier race.

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MAN, RMRDC, others to promote resource-based MSMEs,funding – The Nation Newspaper

Posted: at 3:09 am

The Manufacturers Association of Nigeria (MAN) has put down adequate resources to ensure the success of its yearly Nigeria Manufacturing Expo.

The event is targeted at Small Medium Enterprises (SMEs) by equipping them with information on new processes of boosting their output, reducing costs, improving product quality and manufacturing for new markets, MAN President Dr. Frank Udemba Jacob has said.

Jacob said the infusion of the Nigeria Raw Materials Expo (NIRAM) into the event would afford exhibitors and visitors an opportunity to see the entire manufacturing value chain, including machinery, equipment, financial services, professional consultancy and information on raw materials.

He said the expo would be one of the best things for the manufacturing sector as there would be on display the latest models of manufacturing equipment, machine tools, technologies, spare parts and raw materials.

The event is supported by over 3,000 manufacturing concerns in Nigeria and Clarion Events West Africa, the main conduit for the event.

Raw Materials Research and Development Council (RMRDC) Director-General, Dr. Hussaini D. Ibrahim, who was represented by the Director, Investment Consultancy Services Department, Dr. Zainab Hammanga, at a forum to unveil the expo, said the event provides a unique platform for the resources and raw materials producers to showcase and network with the members of the Organised Private Sector (OPS).

He said the expo would also serve to sustain local procurement of available raw materials in line with the mandate of the Council to promote the development and utilisation of Nigerias abundant natural resources as industrial inputs for manufacturing.

He said: The expo also promotes the diversification of the economy in line with the agenda of the Federal Government by encouraging the growth and development of resource-based micro, small and medium scale manufacturing industries involved in the agricultural and mineral sectors.

He said the theme Attaining sustainable industrial development in Nigeria through efficient utilization of resource endowments is apt for the economy as the expo is targeted at assisting in the sustenance of a resource-based economy.

Clarion Events Managing Director, Mr. Dele Alimi said the uniqueness of the expo include conferences on access to finance and capacity building where the SMEs with challenge of financing would meet investors and development partners who will support them. He said the expo would enable women entrepreneurs to better understand their challenges, adding that they already have over 100 international and local exhibitors with over 5,000 registered visitors.

Sterling Bank PLC, Head, SMEs, Mrs. Omolara Akintoye, said given where the economy is it is only fair to support MSMEs, agric start-ups and build capacity for women entrepreneurs.

She pledged the preparedness of her bank to ensure that SMEs and start-ups have access to equipment by financing the process.

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MAN, RMRDC, others to promote resource-based MSMEs,funding - The Nation Newspaper

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Maine deserves a chance to capitalize on the North Woods monument – Bangor Daily News

Posted: at 3:09 am

Gov. Paul LePages latest political attack on the Katahdin Woods and Waters National Monument is a colossal blunder. On Feb. 14, he sent a letter to President Donald Trump asking him to rescind the executive order that created the national monument. For a governor who touts his pro-economy and pro-business approach to governing, he sure finds a way to undermine these on a regular basis. What he doesnt seems to understand is that national monuments and parks provide tremendous, long-term economic benefits for the communities around them and the states where theyre located.

Acadia National Park officials estimated that 2.8 million people visited Acadia in 2015, and they directly spent $248 million in the local economy. That spending supported 3,878 jobs. When the exponential benefits to other businesses are factored in, it leads to a cumulative economic impact of $305 million. In 2016, Acadia received an estimated 3.3 million visitors, the highest since 1989. Thats an increase of 17 percent, which likely means its economic impact in 2016 was $356 million.

Tourism is a large economic engine and contributes about $5.6 billion to the Maine economy. Maine is marketed as The Vacationland, and the value of tourism to Maine has been increasing on average 4.5 percent per year. Tourism is our golden goose; it is growing and sustainable. Many of us in Bar Harbor remember the days when tourism slowed down around Labor Day. Now October is the new August, with most of the hotels and restaurants filling up each night.

Many of us who guide tours through Acadia are excited for the national monument. We are promoting that region and encouraging our tourists to travel north. Certainly, the people of the Katahdin region deserve a chance to capitalize on the growing tourism industry. Regional reports are coming in that real estate sales are improving. With the monument and the Millinocket Marathon, there is a feeling the tide has turned. To pull the rug out now would be meddling, myopic and a grave injustice.

Throughout history there have been many examples of narrow-minded local or state officials initially opposing the creation of national parks and monuments. When the Glacier Bay National Monument was established in the 1920s, an Alaskan paper said, This [designation] is a monstrous crime against development and advancement. It leads one to wonder if Washington has gone crazy catering to conservation faddists. Today, that park contributes $179 million to the local economy. In 1980, the city of Seward in Alaska passed two resolutions renouncing the creation of Kenai Fjords National Park, but within a few years rescinded those and asked for the park to be expanded as it became clear it was in their best interests to do so.

LePage has offered no alternative solutions for the people of the region to improve economically. In the last three years, five Maine paper mills have closed, and this resource-based economy is becoming less viable for people to make a livelihood. Proponents of the monument, such as Lucas St. Clair, have gone to great lengths to maintain the expressed regional interest in traditional uses. For example, hunting will be allowed on land east of the East Branch of the Penobscot River, and many snowmobile routes will be preserved.

Last summer, one of my best friends took his family on a two-month camping trip across the country to visit the national parks. His two sons were amazed, and it was a truly life-changing experience. Why wouldnt we want to create that same opportunity for hardworking families to have profound outdoor experiences in our beautiful state?

Lets not forget that many retailers such as L.L. Bean, Cabelas, Patagonia, Cadillac Mountain Sports and others may have interest in expanding into the monument region. How many more lobster dinners would we sell? The time is long overdue for this governor to join U.S. Sens. Susan Collins and King in supporting the monument. LePages letter to Trump was shortsighted, mean-spirited and based on a stubborn, insular and narrow ideology that hurts the people of Maine.

Zack Klyver has worked in the tourism industry in Bar Harbor for 30 years. He is from Eastport.

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Jobs, education focus of Gov. Brown’s Prineville visit – KTVZ

Posted: at 3:09 am

Gov. Brown listens to leaders in...

PRINEVILLE, Ore. - Governor Kate Brown held a roundtable discussion on a variety of economic issues with Central Oregon leaders Thursday morning in Prineville.

The governor heard from community leaders who are asking for more job creation in Eastern Oregon, as well as education leaders asking for more funding on continuing the expansion of OSU-Cascades in Bend.

Crook County has one of the highest unemployment rates in the state, at more than 6 percent.

Brown later toured the Facebook Data Center, which has created over 200 jobs in Prineville.

"It was really interesting to hear this morning on my tour of Facebook that a lot of folks that are working at Facebook today came out of the natural resource-based economy, and through training at Central Oregon Community College they have been able to essentially reinvent themselves," Brown said.

Oregon's timber jobs have vanished throughout the years, but Brown told NewsChannel 21 they are coming back.

In Douglas County, Oregon CLT produces cross-laminated timbers -- a first in the nation.

Brown said that with federal public partnerships, the state can put people to work on clearing the forest and making it more resilient to help the challenging fire seasons.

The governor also said the state needs to invest inrural Oregon with road and bridges improvements, creating affordable housing and access to water and low cost power.

Brown later toured the Oregon National Guard Youth Challenge Program east of Bend, which helps at-risk youths get their lives back on track. Watch Mike Allen's report First at Ten on Fox.

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Russia, Israeli firm agree to invest $100 mln in Russia’s dairy industry – Reuters

Posted: at 3:09 am

MOSCOW, March 9 Russian Direct Investment Fund (RDIF), Russia's sovereign wealth fund, and the Israeli investment company LR Group have agreed to co-invest $100 million into dairy farming and milk processing in Russia.

The sum represents the first phase of joint investment for which regional projects are already being analysed, a statement from RDIF said.

A global oil slump in recent years, western sanctions and counter sanctions have pushed Moscow to work towards diversifying its resource-based economy.

Russian and Israeli cooperation in agriculture was earmarked as a priority during Israeli Prime Minister Benjamin Netanyahu's visit to Moscow on Thursday.

"Adaptation of the best technologies and creation of vertically integrated regional dairy clusters will significantly increase milk production," Ami Lustig, CEO of LR Group Israel, said in a statement. (Reporting by Dasha Afanasieva; editing by Katya Golubkova)

* Said on Thursday a loss of more than half of the company's share capital as at 31 December 2016 occured

SEOUL, March 10 South Korea's central bank chief on Friday said the bank will meet on Saturday to discuss any market impact from the Constitutional Court's ruling removing the president, and vowed to stabilize markets if needed.

* Signed agreement to acquire property Tranbodarne 13 in Sdermalm in Stockholm

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WA election: Labor outlines campaign costings and debt reduction … – ABC Online

Posted: at 3:09 am

Posted March 09, 2017 20:55:26

WA Labor has released its election costings showing it would return the budget to surplus by the end of the decade, but offered no timeline for paying down the state's spiralling debt.

The costings show a forecast a surplus in 2020 of $205 million, with debt continuing to climb to $39.975 billion over the same period.

The release of Labor's financial plan comes just 24 hours after the Liberals Treasury-assessed costings showed a $12 billion reduction in debt due to the sale of assets including Western Power, and a tiny $24.3 million surplus by 2020.

Shadow treasurer Ben Wyatt said Labor's cost projections showed a Labor Government would chart a clear course towards balancing the budget, and stabilising debt over the long term.

He acknowledged Labor's slender surplus and cost projections remained vulnerable to the volatility of WA's resource-based economy, and conceded there was still no clear timeline on when debt would peak.

"I can't commit to when that will happen," he said.

"But I can commit to the fact that it's only through running operating surplus positions that we're focused on achieving that you will generate over the long term, that plateauing of debt and then its decline."

Labor refused to submit its costings to Treasury, instead selecting two former public servants to analyse its figures.

But Mr Wyatt said the party had nothing to hide and insisted its plan was credible.

"We have given you every decision we've made around spend," he said.

"We've given you every decision we've made around revenue. And we've given you every decision we've made around savings. We have provided more information than any other opposition before us."

According to Labor's figures, it would spend $2.785 billion over the forward estimates on meeting commitments, including $1.03 billion on Metronet, $224.5 million on health, and $261.2 million on education.

Labor claimed those commitments would be more than offset by $2.982 billion in funding from a range of sources including $1.079 billion reallocated from the Perth Freight Link, $529.5 million from land sales and developer contributions, and $631.1 million from Royalties for Regions.

Treasurer Mike Nahan has repeatedly attacked Labor's independent costings, accusing the appointed experts of having links to Labor, and suggesting they were neither independent nor objective.

He renewed his attack shortly after Labor released its costings.

"We can see now why they did not submit to Treasury for costings and we can see why they held it to the last minute," Dr Nahan said.

"Their program is simply not believable."

Labor's plan projects substantial capital and savings measures across the four years of the budget forward estimates.

It expects to save $750 million from a Service Priority Review of Government.

But Dr Nahan said that would require savings of $250 million a year, which could require sacking 7,500 public servants.

"You cannot sack 2,500 people each year for the next three years without redundancies," he said.

Labor expects to raise almost $530 million from land sales and developer contributions.

Dr Nahan said based on the Government's own intense land sales program, that was unrealistic.

"We have had the most vigorous land sales program ever in the history of Western Australia. Over the last four years, we've been able to spend $140 million worth," he said.

But Labor insists its costing are accurate and credible, and that its methodology was robust, despite not being assessed by Treasury.

"I'm not going to listen or cop for one minute this idea that we should have put it to Treasury when Treasury ticked off on (the Liberals) fully funded, fully-costed (campaign) in 2013," Mr Wyatt said.

Dr Nahan said Labor was trying to fool people with costings that lacked detail and substance, and warned voters it would not be able to deliver on its promises if elected on Saturday.

"If you vote Labor, and they put this in plan, you're going to have a massive increase in debt and deficit and either, they are going to cancel a large number of projects or taxes, charges and fees are going to go up," he said.

Topics: government-and-politics, elections, wa

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WA election: Death threats, One Nation legal action, stadium stoush campaign trail action – ABC Online

Posted: at 3:09 am

Posted March 09, 2017 22:52:05

Just two more sleeps until Saturday's election and there was no shortage of action on the WA campaign trail: a former One Nation candidate threatened legal action against the party, another one rebelled, tensions erupted between the Nationals and Liberals, and some Liberal MPs received death threats.

Here are five things you may have missed:

Disendorsed One Nation candidate Sandy Baraiolo, who was running in the seat of Thornlie, has threatened legal action against the party.

She was one of two One Nation candidates disendorsed last month for what the party said was failing to reach required standards.

On Thursday, Mrs Bariaolo served state leader Colin Tincknell and the party with a letter of demand threatening defamation action if an apology and retraction was not issued by close of business.

Ms Baraiolo's legal representative John Hammond said Mr Tincknell did not meet his client's deadline, and she was now considering legal action.

On Wednesday, One Nation powerbrokers Ron Mclean and Marye Louise Daniels said they were pursuing legal action after claiming Mr McLean was dumped from the party for being "too old".

Meanwhile, high-profile One Nation candidate Margaret Dodd said she would boycott the party's how-to-vote directive over party's deal with the Liberals.

Ms Dodd who is running in the seat of Scarborough, told 7.30 that when she joined the party four weeks ago, she was assured that she would be able to decide her own preferences.

In response, One Nation leader Pauline Hanson said: "I certainly wouldn't stand in the way of her leaving the party, in fact, I'd welcome it."

Ms Dodd, whose daughter Hayley was murdered in 1999, is running to push for "no body, no parole" laws which Labor has supported.

Her daughter's body has never been found.

The ABC revealed today at least six Liberal MPs were sent anonymous death threats ahead of Saturday's election.

The author accuses the recipients of "stuffing up their life and business" and directly threatens "women and children".

One of the recipients is Upper House MP and candidate for the seat of Hillarys Peter Katsambanis.

"It's disconcerting for me, it's disconcerting for my family," Mr Katsambanis said.

"When people make direct threats to people's homes about their family, this is no longer fair game in politics."

WA Police confirmed it was investigating the letters.

Labor has released election costings, showing it would return the budget to surplus by 2020, but gave no timeline for paying down state debt.

The costings show a forecast a surplus in 2020 of $205 million, with debt continuing to climb to $39.975 billion over the same period.

Shadow treasurer Ben Wyatt acknowledged Labor's slender surplus and cost projections remained vulnerable to the volatility of WA's resource-based economy, and conceded there was still no clear timeline on when debt would peak.

Treasurer Mike Nahan attacked Labor's independent costings, accusing the appointed experts of having links to Labor, and suggesting they were neither independent nor objective.

Controversy brewed over Labor's proposal to sell naming rights to two of Perth's best known venues.

Labor wants to sell naming rights for Perth Arena and the new Perth Stadium, expecting it would raise $10.5 million over four years.

But Premier Colin Barnett blasted the plan, saying it went against all the work done to promote the Perth brand.

"This stadium is an iconic part of Perth, we are not going to have it taken over by some corporate entity with their naming rights," Mr Barnett said.

Labor leader Mark McGowan dismissed the criticism, saying "appropriate" titles would be chosen and "Perth" would still have to be included in the name.

"This is normal practise for stadiums and arenas around the country and around the world," Mr McGowan said.

Topics: elections, political-parties, wa

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Basic Income in Argentine News – Basic Income News

Posted: at 3:07 am

The issue of the basic income, its pros and cons and the feasibility of its implementation have occupied space in media outlets in recent years, mainly due to the visibility it gained after the referendum in Switzerland and the experiment started this year by the Finnish government. However, this discussion has not reached all corners of the planet. Or at least not until recently.

On February 1st of this year, the Argentine conservative-leaning newspaper La Nacin published an opinion piece entitled An universal income that compensates for poverty and unemployment. The author of the article, Eduardo Levy Yeyati, is an economist, writer, and civil engineer, with a PhD in Economics from the University of Pennsylvania. Yeyati introduces the concept of universal income and describes the historical dimensions of this idea, as its discussion has spanned the centuries, from Thomas More, to Martin Luther King, to its contemporary promoters such as the British Labour leader Jeremy Corbyn and the French presidential candidate Benot Hamon.

However, the text mainly discusses three fundamental complications surrounding the idea of basic income. First, despite having multiple detractors and defenders, the basic income is still an idea in search of a design. According to Yeyati, there is a rather classic proposal such as an unconditional basic income (the model advocated by the most ardent supporters of the initiative), a conservative proposal that would be represented by the negative income tax defended by Milton Friedman and a compromise third-way between these more extreme positions that seeks to guarantee a basic salary floor for those who already receive some type of income.

Second, the author identifies two moral dilemmas that must be addressed and answered by any definition and operationalization of the basic income. First, should it be paid only to those who have a registered job, in the style of an addendum and prize to effort, or should it be paid to everybody, even to those who have no intention of working? Second, should the person who has a lower income receive more money, should everybody receive the same amount or should the person who works the most receive more? For many advocates of this initiative, a basic income basically implies answering these dilemmas in the most generous way: it should be paid to everybody and everyone should receive the same. In this sense, it seems that Yeyati uses the term more broadly than a lot of speakers in other countries, not compromising to any of the possibilities.

Finally, the author ventures one last idea in which he discusses the feasibility of thinking and discussing the implementation of a basic income in Argentina today. And despite some pessimism on his behalf and considering that it would take several years of political maturation to reach the appropriate level of discussion, Yeyati does believe that it is possible to move towards the realization of a basic income today through the design and implementation of a Finnish-style pilot in Argentina. Basically, the author argues that this would not be very costly, that the twin challenges of poverty and unemployment will dominate the development agenda in the coming years and that, in order to move forward, this debate needs information that we do not currently have. In this sense, despite the fact that this issue it not yet in the agenda in the Latin American and Argentine context, at least there are people who are encouraged to discuss its implications and there are media outlets, however conservative they may be, willing to publish them.

Featured Image CC Mike Ramsey (via flickr, Scott Santens)

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New Reality For Talent Recruitment: Personalization, Relevance And Automation – Forbes

Posted: at 3:07 am


Forbes
New Reality For Talent Recruitment: Personalization, Relevance And Automation
Forbes
Applying for a job can be an arduous process. In most cases, the candidate's resume either disappears into a bureaucratic black hole or gets lost in a corporate filing cabinet never to be found again. In fact, company recruiting methods often use ...

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New Reality For Talent Recruitment: Personalization, Relevance And Automation - Forbes

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