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Uncategorized / april 17, 2017

In neighboring Germany, Europe’s largest fiscally solvent country, political leaders announced that they would raise the executive pay issue in the next parliament, with Chancellor Angela Merkel stating that: “Exhorbitance cannot be allowed in a free and socially minded society.”The Dutch government, meanwhile, announced new legislation is in the works that would cap golden parachutes at a maximum of 75,000 euros ($98,000). In the land of fire and ice, Icelanders overcame a major economic crisis that saw the stock market tank by 90 percent and increased unemployment nine-fold with a “peoples’ bailout” that included debt write-offs and mortgage subsidies. Iceland took IMF money (which they’ve already repaid), but wisely refused structural adjustment. And it prosecuted bankers at the center of the crisis, some of whom are now doing jail time. Perhaps most telling, the country’s leadership engaged the public in a rewriting of the country’s constitution, setting the foundation for a radical grassroots system of direct democracy. French President Francois Hollande has also begun to address his country’s widening wealth gap, Reuters notes, by limiting executive pay at state-controlled companies to 20 times that of the lowest paid worker – putting the hurt on CEOs in a big way. According…

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Uncategorized / april 17, 2017

Last month, The Washington Post compared spending on video games and gun-related homicide rates in 10 countries.“The search for meaning is a natural response to any tragedy, and the latest U.S. mass shooting is eliciting questions about, among other things, the potential role of violent video games. After all, with kids and increasingly teenagers spending so much time hammering away at simulated shooters, is it any wonder when they pick up actual guns?” wrote the Washington Post’s Max Fisher. “Obama campaign adviser David Axelrod lamented on Twitter, ‘In NFL post-game: an ad for shoot ‘em up video game. All for curbing weapons of war. But shouldn’t we also quit marketing murder as a game?’” Presumably, then, if violent video games somehow translated into more deadly gun-related behavior you would expect the United States – which has far and away the highest levels of gun-related murders per capita – to be the biggest spender on such games. But this is not the case. In fact, according to the Post’s figures, U.S. spending per capita is ahead of only China. The Netherlands and South Korea spend more than twice as much per capita on video games, yet gun murder rates in these two countries…