Wednesday 28 October 2015

Links, Wednesday 28th October

Wowzers. It's amazing students didn't shut down campus sooner than this!

"A senior member of management told me that in 2015 Wits excluded up to 3000 students who met our academic requirements but could not raise the fees they needed."

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In the US, the decline in the proportion of GDP taken as wages is pretty much matched by an *increase* in the proportion of GDP taken as rental income on housing. That is - landlords win, workers lose.

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Wow, this is pretty frickin real

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"This, then, is what sex worker-led organisations are calling for. Simply for prostitution-specific criminal law to be dropped and sex work treated as any other business. No one is demanding that the industry be allowed operate in legal grey area. Just as sex workers would be protected by labour, health and safety, human trafficking and other relevant law, so they would have to abide by it." New Statesman

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"Netanyahu was willing to whitewash Hitler to smear Palestinians. Just let that sink in to understand how low he has sunk." Independent

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 "In South Africa we embarked on our own structural adjustment programme in 1996. This is one reason, among others, why there has never been adequate investment in universities at any point since the end of apartheid. When universities have found ways to make up the shortfall they have done so by competing for rich students, for donor money – which seldom comes without agendas, frequently evidently imperial – and pushing academics to become good fund raisers rather than good intellectuals and teachers." Daily Maverick

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Relevant

"It is unclear why Nzimande has not released the report. Comment was repeatedly sought from his department this week, but it did not respond.

Officials in Nzimande’s department told Parliament in October last year that the working group had advised him that free university education for the poor was feasible, according to minutes of the meeting the M&G has seen."

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Well this is depressing...

"the Barrier Fund, formerly known as the Vice Fund, is a “sin-vestor” mutual fund that exclusively invests in companies that are significantly involved in alcohol, tobacco, gambling, or defense. It has beaten the S. & P. 500 by an average of nearly two percentage points per year since 2002. By divesting from unethical companies, “ethical” investors may effectively transfer money to opportunists like the Barrier Fund, who will likely spend it less responsibly than their “ethical” counterparts."

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"A three-year pilot scheme established that allowing cyclists to run red lights improved the flow of traffic and cut the number of collisions, especially those involving a vehicle’s blind spot... Traffic lights are there to slow cars down and allow pedestrians to cross. Bikes are much lighter and much slower so, when there are no pedestrians and the way is clear, it is stupid that a cyclist should have to stop." Guardian

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The London housing market has many features of a speculative bubble (people are willing to pay over the odds for a home precisely because they think the value will keep rising, thereby justifying their initial investment). I appreciate there are lots of homeowners who would be in big trouble if the bubble burst spectacularly, so for their sake we should hope for a gradual deflation. Though the renters among us would probably be quite pleased to see things crashing to earth with a thud :)






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