Interested in maladministration. Estd. 2005
RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony Public Inquiry >>
Promoting Human Rights in IrelandHuman Rights in Ireland >>
Why Are Some Rapes More Equal Than Others? Tue Mar 18, 2025 07:00 | Steven Tucker When rapists are Right-wing we, rightly, hear all about their crimes. But not so much when they're Left-Wing, says Steven Tucker. Which is probably why you've never heard of the alleged crimes of this gay rights activist.
The post Why Are Some Rapes More Equal Than Others? appeared first on The Daily Sceptic.
News Round-Up Tue Mar 18, 2025 01:36 | Richard Eldred A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.
How Does Gender Ideology End Up Everywhere? Mon Mar 17, 2025 19:00 | Caroline Ffiske All it took for the Department of Health to add a question on gender identity to the form reporting a child's death was one email. This is how gender ideology gets everywhere, says Caroline Ffiske.
The post How Does Gender Ideology End Up Everywhere? appeared first on The Daily Sceptic.
Far-Left Campaigners Are Targeting GB News and Have Enlisted Ofcom as their Attack Dog Mon Mar 17, 2025 17:00 | Toby Young The boss of GB News has said the channel is the victim of a "coordinated" attack by the far Left after Ofcom launched yet another investigation into one of its programmes.
The post Far-Left Campaigners Are Targeting GB News and Have Enlisted Ofcom as their Attack Dog appeared first on The Daily Sceptic.
How a Heat Pump Destroyed One Consumer?s Perfect Energy Rating Mon Mar 17, 2025 15:52 | Sallust Colin Ferguson spent thousands renovating his home back in 2013 and received a perfect energy rating for his trouble. When he recently installed a heat pump, however, his EPC rating dropped off a cliff.
The post How a Heat Pump Destroyed One Consumer’s Perfect Energy Rating appeared first on The Daily Sceptic. Lockdown Skeptics >>
Voltaire, international edition
Voltaire, International Newsletter N?124 Sat Mar 15, 2025 05:56 | en
"Kristallnacht" against the Alawites in Syria Sat Mar 15, 2025 05:38 | en
Is Donald Trump managing the possible collapse of the ?American empire??, by Thi... Tue Mar 11, 2025 06:59 | en
Voltaire, International Newsletter N?123 Fri Mar 07, 2025 14:41 | en
Arab League summit for Gaza Fri Mar 07, 2025 11:53 | en Voltaire Network >>
|
Globalisation and the informal economy
During the week of the annual conference of the IMF and the World Bank, some thoughts on the nature of employment in the current phase of globalisation.
More and more, workers throughout the so-called developing world are relying on low paid, unstable employment in the informal economy.
 Protests in Singapore This week saw the annual conference of the International Monetary Fund (IMF) and the World Bank in Singapore. The meeting was addressed by the Director-General of the International Labour Organisation (ILO), Juan Somavia.
Somavia’s topic was the nature of employment in the modern world. The current phase of globalisation has meant that a high proportion of jobs in the developing world have now moved to the services sector. While this includes reasonably well paid and stable jobs in financial services, tourism, etc., it also includes jobs in the informal economy. Apart from the low level of income, these jobs are characterised by short-term contracts or no contracts at all, bad working conditions, sexism, casual employment, and unhygienic or dangerous circumstances: the workers are, in a word, vulnerable. This form of employment is unstable and does not address poverty.
Somavia’s remarks are backed up by the research of Irish social scientist Peadar Kirby. In his analysis of the World Bank’s World Development Report of the year 2000, Kirby outlines the shortcomings of the World Bank’s conception of poverty, drawing on the work of Karl Polanyi:
“poverty is not primarily an economic condition, based upon exploitation or low income, but a cultural condition, based on the status and security of the individual as a member of a community” (Kirby, 2002).
The World Bank and IMF take on poverty is that it should be addressed using market mechanisms. Because the market is supposedly the most efficient way to create economic growth, it should follow that market mechanisms are appropriate to ensure that wealth is distributed equally. Therefore, from the point of view of these international financial institutions, the solution is to focus on how market-led economic growth benefits the poor.
However, whether it is creating economic growth or not, it is this focus on the market – and the consequent economic liberalisation and deregulation – that is generating and compounding poverty among the populations of the developing world. Rather than continuing to give primacy to the market, governments should be encouraged to take action to mitigate the negative effects of market reforms. The World Bank and IMF have yet to take this approach to poverty.
ILO Director-General Juan Somavia’s address to the annual conference of these institutions brought the contradictions of globalisation into sharp focus. Despite economic growth, global unemployment has risen. More importantly, the quality of work available has severely lessened. Most are forced to work in the informal economy, which means that income may be sporadic or the job dangerous. Examples of these jobs include petty trading, washing car windows at traffic lights, shining shoes or cleaning houses.
http://en.wikipedia.org/wiki/Informal_economy
As a solution, the ILO has put forward its four point ‘decent work agenda’. This involves:
- Job creation as an explicit objective of policy (as opposed to as a by-product of increased profits)
- The promotion of employment rights
- The extension of social protection
- The support of institutions responsible for governance of the labour market
The following is a link to an edited version of Somavia’s remarks which gives the core of his argument. This contains a link to his full address to the conference:
http://www.ilo.org/public/english/bureau/inf/features/0...e.htm
See also ‘The World Bank or Polanyi: Markets, Poverty and Social Well-Being in Latin America’, Peadar Kirby, 2002, New Political Economy, Vol. &, No. 2
I am amazed to learn that this week, none other than Ronan Keating has protested against UK funding of the IMF and World Bank:
http://news.bbc.co.uk/2/hi/business/5344816.stm
Singapore has clamped down on dissent during the conference:
http://www.indymedia.ie/article/78376
http://www.indymedia.ie/article/78386
http://www.indymedia.ie/article/78529
|