How Trump’s trade war affects working-class Americans : The Conversation


President Donald Trump justifies tariffs on imports by arguing that “unfair trade policies” have harmed American workers. This has led to a trade war in which the U.S. and China have placed tit-for-tat tariffs on each other’s products.

Most recently, China said it’s ready to slap tariffs on US$60 billion in U.S. imports if Trump goes ahead with his threat to tax another $200 billion of Chinese goods.

Since the president claims to be acting on behalf of working-class Americans, it’s fair to ask: How do tariffs actually affect them?

Scholars of international political economy, such as myself, recognize that trade hasn’t always been good for poorer Americans. However, the economic fundamentals are clear: Tariffs make things worse.

 

Source: How Trump’s trade war affects working-class Americans :  The Conversation

BBC – Future – How automation will affect you – the experts’ view


More companies are turning to smart machines to save money on slow, expensive human employees. Here’s everything you need know about automation – and what it means for your job.

Source: BBC – Future – How automation will affect you – the experts’ view

Vox Political: Bank of England Economist Says High Executive Pay Damages Economy


Beastrabban\'s Weblog

Mike over at Vox Political has posted a piece about the remarks by Andy Haldane, the Chief Economist at the Bank of England, that Britain’s economy is being damaged by exorbitantly high executive pay. An article in the Independent notes that the average pay of FTSE 100 bosses is now 150 times that of the average UK worker. The Indie then went on to say

This large and growing remuneration gap, Mr Haldane said, “drive[s] a wedge between management and employees…that in turn erodes social capital. A company, like a country, whose physical and social capital is being eroded is one whose wealth-creation capacity is being impaired.”

Social capital refers to trust and relationships in a society and Mr Haldane argued this matters “every bit as much to wealth and well-being” as financial capital such as stocks and shares and other such assets.

It also reported that there have been…

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When Employees are Caregivers


Workplace TribesSUBSCRIBE TO NEW BLOG POSTS Best PracticesCommunicationsE-HRMEmployee DevelopmentEmployee RetentionEngagementFeedbackHiringHR NewsHR SoftwareHuman Resource ManagementInfographicsInterviewsLeadershipListsPerformanceResearchResourcesStoriesWorkplace WellnessWorst PracticesWhen Employees are CaregiversPosted on July 09, 2015 by Stephanie ReyesLeave a CommentRecently, I attended a conference for the families and caregivers of children with a rare genetic disorder that’s generally accompanied by a wide range of special needs. It quickly became obvious that everyone in attendance was highly committed to ensuring the best possible outcomes and quality of life for their loved ones. The amount of time and energy required to deliver on that commitment was, in many cases, extraordinary. Photo by Philippe Leroyer, FlickrSo how, I wondered, do they juggle personal and professional commitments on top of the extra demands of supporting a child with special needs? How on earth do they…provide hands-on care;

Source: When Employees are Caregivers