Category Archives: Economy

Here a Dump, There a Dump, Everywhere a Dump Dump.

Don’t expect Best Management Practices (BMPs) from people who don’t know what good management is. What’s increasingly obvious is that the high rate of bankruptcies in the U.S. is often the result of people not knowing how to manage what they’ve got. Except for what’s extracted from the worker’s hide, there’s little or not surplus because so much of any enterprise goes to waste.

We do know that, contrary to predictions, when industrial production has a mandate to reduce/eliminate harmful emissions and effluents, the profitability of the enterprise increases. But, even when that’s noted and reported (good news often isn’t), the report is likely to be in the context of the prediction having been wrong. That there’s a connection between avoiding waste and generating a surplus or profit usually doesn’t get addressed.

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Schneiderman takes a cut out of wage crime

From an email:

Fighting the Crime Wave of Wage Theft

The Attorney General announced that his office has obtained a more than $2.1 million judgment against the owner and operator of five Papa John’s pizza restaurants in Harlem for underpaying 447 delivery workers. The Attorney General championed the judgment as the “latest victory” in his fight against the crime wave of wage theft: In the past four years, his office has recovered more than $19 million for nearly 16,000 cheated workers statewide. The Attorney General also called on all fast food franchisors, including Papa John’s, to take steps necessary to ensure their workers are treated fairly and paid the wages the law requires.

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Use, abuse, consume …… from shepherd to wolf.

Considered on a scale, to use, abuse and consume represent a transition from benign to lethal.  That is, use is normal, abuse is abnormal and consumption, being destructive, is evil.  In that sense, the transfer of a word that used to apply to an ultimately lethal malady to the general population of resource and asset users is evidence of an antagonistic moral stance. Calling people “consumers” disrespects them as persons with rights and places them in the same category as predators and parasites. Which, in the modern economy, is the equivalent of the pot calling the kettle black.
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Energiya USA

Why we had to learn about this company’s project via the Career Academy spokesperson at the Brunswick Glynn Economic Development Authority I don’t know. Neither do I know why the person introduced the topic by stating that, since there had been a press release, it’s no secret. The press release follows:
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What’s so special about scarcity?

Scarcity is a central component of Western economic theory and serves as the basis of our political economy — the system we have set up to utilize access to the necessities of life, determining who’s deserving of life and who’s destined to be prematurely extinguished, to control the populace.

Scarce resources are, in theory, assumed to motivate the accumulation and production of more. The corollary to this is that, if sustenance were enough, humans would languish in leisure and refuse to work. So, scarcity is good because it makes humans do what they should (labor for someone else) and provides some humans with an excuse for ordering other humans around.
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Land Laundering

You’ve heard of money laundering. Now I want to introduce you to a slightly different concept–land laundering. It’s like money laundering, except that, instead of coming out clean, it’s as if the land never left the hamper and, when it is finally retrieved, it comes out much as it went in, only cheaper.

At least, that’s how I’m going to explain the fact that most of our public agencies in Glynn County, Georgia are serving as acreage collectors or land hampers. That is the County Commission, the Airport Authority, the Economic Development Authority, the Joint Water and Sewer Commission, the School Board and even the Brunswick Housing Authority are/were all being used as repositories of raw land, presumably to create an artificial scarcity so their developer friends can increase the value of what’s left. And, because buying and selling land are legal matters, they can retreat into executive sessions and do it behind closed doors. (That there are winds of change blowing through the County may, on the other hand, account for the establishment of a private land laundering entity, the Saint Simons Land Trust).

One result of this fascination with buying and selling land is that the real public services these organizations are supposed to deliver get short shrift. And they get loaded down with debt. At least that seems to be how the Joint Water and Sewer Commission got into the situation Tom Boland describes in his report to the Grand Jury, which now appoints some of the members in the interest of making that organization more effective — i.e. focused on its functions, rather than whatever racked up a forty four million dollar debt, which the rate payers are now obligated to retire.

But, I’m going to let Commissioner Boland explain in his own words, which he was so kind as to send to me.

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