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Tag Archives: work

Disposable time as a common-pool resource I — Introduction

Disposable time as a common-pool resource I — Introduction About a decade ago, I wrote a short piece about “labour power as a common-pool resource” that got picked up by Michel Bauwens of the P2P Foundation and led to me being invited to a conference on the commons in Berlin put on by the Heinrich Böll Foundation. I would now like to amend that to regard disposable time as the common-pool resource in question. Much of my original rationale applies...

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INTERVIEW WITH STAVROS MAVROUDEAS ON THE PANDEMIC AND ITS CONSEQUENCES ON THE ECONOMY AND WORK – Bollettino Culturale

The italian website Bollettino Culturale hosted the following interview with Stavros Mavroudeas on the COVID-19 pandemic and its consequences on the economy and labour https://bollettinoculturale.blogspot.com/2021/07/intervista-stavros-mavroudeas-sulla.html?m=1&fbclid=IwAR3zji71ezVNRABTmQbI4k-Uf7MYewhy26pdjmXISxlH2FdhMygmRswj_qs 1. How do you judge the management of the pandemic in the European Union? I have argued elsewhere...

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A Financial View of Labour Markets

We are used to thinking of workers as free agents who sell their labour in a market place. They bid a price, companies offer a lower price and the market clearing rate is somewhere between the two. Free market economics, pure and simple. But actually that's not quite right. The financial motivations of workers and companies are entirely different. To a worker, the financial benefit from getting a job is an income stream, which can be ended by either side at any time. But to a company, a...

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A Financial View of Labour Markets

We are used to thinking of workers as free agents who sell their labour in a market place. They bid a price, companies offer a lower price and the market clearing rate is somewhere between the two. Free market economics, pure and simple. But actually that's not quite right. The financial motivations of workers and companies are entirely different. To a worker, the financial benefit from getting a job is an income stream, which can be ended by either side at any time. But to a company, a...

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Bill Mitchell — UBI–the hopeful not the surrender

I have long disagreed with Guy Standing about the solutions to unemployment. 20 years ago we crossed paths on panels and in the literature where he would argue that UBI was the way forward and I would argue that it was a neoliberal plot and that, instead, we needed to push for job creation. My view has always been that to surrender to the neoliberals on their claim that governments cannot generate sufficient jobs to satisfy the desires for work of the unemployed was a slippery slope....

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Hitting the wall

It is 2.30 am, and I can't sleep. Today I must file my final piece for American Express's FXIP blog, which is being mothballed. Writing for that blog has been my main source of income for the last four years. Once it is gone, my income will once again become precarious and inadequate, as it has been all too often in the past. Hence my sleeplessness.To be perfectly honest, I'm not sorry that the blog is closing. I've done some interesting work for it, and learned a lot. And it has been a...

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Hitting the wall

It is 2.30 am, and I can't sleep. Today I must file my final piece for American Express's FXIP blog, which is being mothballed. Writing for that blog has been my main source of income for the last four years. Once it is gone, my income will once again become precarious and inadequate, as it has been all too often in the past. Hence my sleeplessness.To be perfectly honest, I'm not sorry that the blog is closing. I've done some interesting work for it, and learned a lot. And it has been a...

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IPA’s weekly links

One of the original Kodak “Shirley” cardsGuest post by Jeff Mosenkis of Innovations for Poverty Action Have fun to everybody at the NEUDC conference this weekend! Fun fact: the Northeast Universities Development Consortium conference is being held at Northwestern, which is neither in the Northeast, nor the Northwest. The conference has never been held at Northeastern University. So for everybody complaining about confusing econ speak, this is what they do to themselves.An interesting idea...

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The Broken Contract

So the Lord God said to the serpent, “Because you have done this, cursed are you above all livestock and all wild animals! You will crawl on your belly and you will eat dust all the days of your life. And I will put enmity between you and the woman, and between your offspring and hers; he will crush your head, and you will strike his heel.” To the woman he said, “I will make your pains in childbearing very severe; with painful labor you will give birth to...

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An Experiment with Basic Income

In 1795, the parish of Speen, in Berkshire, England, embarked on a radical new system of poor relief. Due to the ruinous French wars and a series of poor harvests, grain prices were rising sharply. As bread was the staple food of the poor, rising grain prices increased poverty and caused unrest. Concerned by the possibility of riots, the parish decided to provide subsistence-level income support to the working poor. The amounts paid were anchored to the price of bread. Each member of a...

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