Getting By: Estates, Class and Culture in Austerity Britain
by Lisa McKenzie · 14 Jan 2015 · 212pp · 80,393 words
for Fiscal Studies (IFS) published a report revealing that in the first full year of the coalition government, 300,000 more children faced a real fall in living standards that had pushed them into dire levels of poverty (Cribb et al, 2013). The entire increase is from homes where parents are working – there
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Sunday Times Rich List recorded a doubling of the wealth of the richest 1,000 Britons between 2009 and 2014 – working people suffered the longest fall in living standards in well over a century. Disabled people faced the slashing of benefits, and the indignity and stress of appealing to win back their desperately
GDP: A Brief but Affectionate History
by Diane Coyle · 23 Feb 2014 · 159pp · 45,073 words
the available resources, what would be required for mobilization and conflict, what would be left over for people to consume—and how much their living standards might need to fall. Planning for the war effort in particular needed much better statistics on how much was produced by individual industries, using what materials. Keynes
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of oil and got the mix of slow or negative real GDP growth and high inflation labeled “stagflation.” Nominal GDP continued to grow even though living standards were falling and unemployment was rising. So, to calculate real GDP statisticians have to collect data on prices and combine that into a general price index
Race Against the Machine: How the Digital Revolution Is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy
by Erik Brynjolfsson · 23 Jan 2012 · 72pp · 21,361 words
lot, can continue to see their incomes stagnate or shrink and their jobs vanish while overall growth continues. When significant numbers of people see their standards of living fall despite an ever-growing economic pie, it threatens the social contract of the economy and even the social fabric of society. One instinctual response
Capitalism: the unknown ideal
by Ayn Rand · 15 Aug 1966 · 400pp · 129,841 words
children who would not have lived to be youths in the pre-capitalistic eras. The factory system led to a rise in the general standard of living, to rapidly falling urban death rates and decreasing infant mortality—and produced an unprecedented population explosion. In 1750, England’s population was six million; it was
Life You Can Save: Acting Now to End World Poverty
by Peter Singer · 3 Mar 2009 · 190pp · 61,970 words
to look after them in their old age, and, in the case of rural families, to work the land. As countries industrialize and living standards rise, fertility rates fall. This happened in Europe and North America, and then also in those Asian nations that have achieved similar levels of affluence, including Japan and
Move Fast and Break Things: How Facebook, Google, and Amazon Cornered Culture and Undermined Democracy
by Jonathan Taplin · 17 Apr 2017 · 222pp · 70,132 words
did? Even Peter Thiel has remarked, “We wanted flying cars; instead we got 140 characters.” For Gordon, the future may be characterized by stagnant living standards, rising inequality, falling education levels, and an aging population. This chart, taken from Gordon’s book, puts the lie to notions about the computer revolution introducing radical
Four Futures: Life After Capitalism
by Peter Frase · 10 Mar 2015 · 121pp · 36,908 words
either by automation or voluntary activity, GDP would begin to fall, and the basic income with it. This would not lead to lowered standards of living, because the falling GDP here also denotes a decline in the cost of living. Just like the socialist state withers away in certain versions of traditional Marxism
The Rent Is Too Damn High: What to Do About It, and Why It Matters More Than You Think
by Matthew Yglesias · 6 Mar 2012 · 58pp · 18,747 words
working than the established ones. As a country’s population grows, its overall income should rise because more land is being cultivated. But its average living standards will fall, thanks to diminishing returns. One can partially rescue the situation through improvements. Irrigation can improve the fertility of the land. Better roads or harbors
Chavs: The Demonization of the Working Class
by Owen Jones · 14 Jul 2011 · 317pp · 101,475 words
to risk. Youth unemployment is running at over 20 per cent. There is a crisis of affordable housing, the biggest cuts since the 1920s, and falling living standards; university tuition fees have trebled and the Educational Maintenance Allowance for students from poor backgrounds has been scrapped. Many young people have been left with
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tidal wave of inflation across the West. Low-paid workers like refuse collectors went on strike in the winter of 1978-9 because their living standards were in free fall, and they were being made to pay for an inflationary crisis that they had had no part in creating. Tony Benn was a
The Future Is Asian
by Parag Khanna · 5 Feb 2019 · 496pp · 131,938 words
, 221–22 European capital in, 164–65 Europe’s relations with, 240 failed West Asian policies of, 140 failures of democracy in, 282–85, 294 falling standard of living in, 284–85 global civilization as influenced by, 21, 22–23 global governance and, 321 income inequality in, 228, 285 Iraq invaded by, 62
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