Nearly half billion people lack decent jobs: UN

Nina LARSON

AFP NewsJanuary 21, 2020

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  9 seconds ago

  Posted on :- 5 Jul 2014
  
  ricky l • a second agoRemove
  Raw Capitalism is the world of jungle - where the fittest (the intelligence) will kill the rest. There is no element of Compassion.
  
  Planned Economy is the needed element - that will help to introduce Compassion into the ruthless system of Raw Capitalism - to make the system more wholesome by helping those who have been routed.
  
  And this Hybrid - should be known as Socialist Capitalism (Intelligent + Compassion)
  
  But has the World arrive to introduce Socialist Capitalism? I think still a long way to go - looking at the very rich Capitalists and the jobless trying to look for job.
  Reply

3 seconds ago

And within the waged population, the gap between the highest earners and those at the bottom is "extremely unequal", Ryder said.
The ILO report found that it took 11 years for the bottom 20 percent of wage earners to make the same amount as the top 20 percent make in a year.
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(1) There must be a socialist element to Capitalism - to innovatively create a mechanism by the World to ensure "redistribution of wealth" - which can be :-
a. tax
b. encourage the super rich to create "social enterprise" - and engage those in poverty for jobs - so that they can earn decent income and escape poverty.
Tax incentives can be given to encourage the super rich to do so --- and this will help to close the income inequality --- and there are less incentive for the poor to stage unrest worldwide.

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  4 hours ago

  The only difference in SG is jobs are for foreigners
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  1 hour ago

  Because half a billion people really don't want to be decent
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  4 hours ago

  But who will do the dirty works if all of us are professionals and doing white-collar job? It's about time that we focus on this group who do the dirty, laborous work and raised their salaries so they can live a decent, financially-capable life.
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  3 hours ago

  too bad the IDI0Ts behind the un dont consider OVER POPULATION as a problem