inequality, Labour Force, Wage

Zero-hour contracts: A hidden modern slavery

Zero-hour contracts take a huge mental and physical toll – poor eating habits, lack of sleep and relationship problems shutterstock Ernestine Gheyoh Ndzi, University of Hertfordshire and Janet Barlow, University of Hertfordshire The number of workers on zero-hours contracts continues to rise in the UK. The Office for National Statistics (ONS) estimates that between October… Continue reading Zero-hour contracts: A hidden modern slavery

inequality, University, Wage, Women

Women create life but they are misunderstood

Today the world is celebrating the International Women’s Day, but is it sufficient to celebrate such a day despite the huge disparities around them? If half of the women population in the country were inactive or exploited then how is your labour force considered as human resources? Let's have a look a reality around women:… Continue reading Women create life but they are misunderstood

Amartya Sen, Egalitarianism, Environment, food security, Globalization, inequality, Joseph Stiglitz

Democracy is not Creating a Fair Food Policy!

The Americans have realised that their democracy is not working to create a fair society. As a witness of this, an eye-opening thought from world-renowned economist Joseph E Stiglitz has vowed again that “Most Americans want a higher minimum wage, they want gun control, they want access to healthcare … yet our democracy can’t deliver… Continue reading Democracy is not Creating a Fair Food Policy!

Banking, inequality, Quotations

Development: Transformation | Thought

“Development is about transforming the lives of people, not just transforming economies.” ― Joseph E. Stiglitz, Making Globalization Work  ♦♦♦ “People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.”… Continue reading Development: Transformation | Thought

Austerity, Capitalism, Current Issues, inequality, opinion, UK economy

Instability: Poverty and low skill push Britain to Brexit

A report on the causes of BREXIT has been published. According to this report, Brexit was the reason of ‘Poverty, Low Skills and Lack of Opportunities’. The research was accomplished by Goodwin, M, and Heath, O (2016) for the JRF Organisation. ‘This report provides unprecedented insight into the dynamics of the 2016 vote to leave… Continue reading Instability: Poverty and low skill push Britain to Brexit

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Capitalism, Current Issues, Free trade, Globalization, inequality

Justice is denied by designed

Some claim the world has achieved tremendous progress and prosperity, however, many believe that more than half of the world’s population are still struggling to have fulfilled their basic needs such as food, clothing, and shelter. Few are enjoying the wealth while many are suffering from extreme poverty. The patterns of resources distribution are extremely… Continue reading Justice is denied by designed

food security, Globalization, inequality

Humanitarian efforts and aid programmes are being questioned

‘The multiple threats to food and nutrition security, their negative and cumulative impact, and the clear link between shocks and hunger reveal the fragility of current food production systems and their vulnerability to disasters’ - FAO, 2013 Nepal is one of the vulnerable seismic zones and disaster prone area situated between Eurasia and Indian plate.… Continue reading Humanitarian efforts and aid programmes are being questioned

Capitalism, economic thought, Globalization, inequality

Neoliberalism Crisis after Brexit

Here are the letest development of anti-neoliberalism, after Brexit Italian PM Matteo Renzi resigns after referendum defeat and the rise of the populist Five Star Movement http://bit.ly/2h7B5M9 (today)  Austria elects left-leaning president over Norbert Hofer France’s far right leader Marine Le Pen has welcomed the Italian referendum, Anti-euro leader in lead New Nationalism of Donald Trump… Continue reading Neoliberalism Crisis after Brexit

e-papers, Globalization, inequality

Globalization can be reshaped

Globalization is neither feasible nor desirable. The problems are not with globalization, but with how it has been managed. IMF, World Bank and WTO have served the interest of the advanced industrialized countries particularly narrow mind-sets rather than developing world. Pfofessor Joseph Stiglitz believes globalization can be reshaped to realize its potentials. Government can, and… Continue reading Globalization can be reshaped

Capitalism, Economy, inequality

Consumers, Employees and Investors are annoying but CEOs get pay rises!

This morning, I had a lovely time to watch Television with strong black coffee and bread and butter. I was updating global news on BBC Breakfast. Hobby is making me crazy. For a conversation Professor Andre Spicer was presented on the screen. Spicer was talking about corporate behaviour. In the answer of a question he… Continue reading Consumers, Employees and Investors are annoying but CEOs get pay rises!