This video explains why we think the way we do and why it is possible for powerful people to persuade society to their ends Click here for this video. It takes about 90 minutes.
From the Economist: Six years after being bailed out by taxpayers and still majority =owned by the Government, Royal Bank of Scotland chalked up yet another big annual pre-tax operating loss of $8.2 billion for 2013. That will not deter it from dishing out about $1 billion in bonuses.
Paul Barber, researcher points out in this NZ Herald article that the pay gap between the high and low paid has widened significantly in NZ in the last 30 years. The low paid have barely kept pace with inflation while the wealthy have raced ahead and there are simple ways to fix this
An Update on The Spirit Level by Wilkinson and Pickett This recent article in the Guardian Newspaper updates and further validates the original research that showed that inequality is causally related to many social ills. It quotes further psychological research that backs the causali
this from this week’s Time Magazine. Activist, atheist and best selling author Barbara Ehrenreich was interviewed and after responding very positively on raising the minimum wage she was asked “What about businesses that can’t afford the raises”. Her reply R