Nèdeem Elmahjoub's blog

It is not a radical analysis, but it  is an important development/attempt to maintain American hegemony, supremacy over China and stability at home .

Returning to Normal?

Recession on the horizon?

US higher education The Fruits of Commodification

Tunisia: A social experiment against state policies

Insecurity and the New World of Work " Since 2007*, almost all the aggregate increase in employment in the UK is accounted for by ‘ non-standard jobs’ , according to the Organisation for Economic Cooperation and Development (OECD). These included low-pay self-employment, ‘flexible’ and zero-hours contracts and part-time work."

Globalisation and whose recovery? Yes, some of the so-called recovery is based on low-paid jobs. Some of it is based on precarious jobs.  A Bogus Concept?

The long depression Via Michael Roberts " Back in work, still out of pocket : Labour market recovery since the Great Recession - the jobs gap will not be closed until 2017 at the earliest AND the wages gap may never be closed. Some countries have real wages over 20% below where they would have been without the Great Recession and subsequent weak recovery. The UK scores worse than Greece on this relative measure . According to a study by the OECD, the labour market recovery in OECD countries has been steady but slow s ince the Great Recession. More worrying is the fate of wage growth over the same period.  The jobs recovery has been underway since the first quarter of 2010, when the OECD average employment rate reached its post-crisis trough, with only 58.6% of the population (ages 15-74 years) employed. This was 2.2% lower than the employment rate in 2007, corresponding to 20.3 million missing jobs. Despite the slow and uneven nature of the economic recovery, the jobs de...