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Million Dollar Shack: Trapped in Silicon Valley's Housing Bubble

"Our family has been priced out! Has the Bay Area gone crazy? Real estate prices have doubled in the last few years, a tent in the backyard can rent for $900/month, foreign investors are driving up prices, evictions and rent hikes are everywhere, people are commuting longer than ever, the middle class is disappearing, empty investment homes are everywhere, and locals are leaving in record numbers. The worst part? Some people are calling it "progress"". ‪ http://milliondollarshack.com/

Migration, Precarization and the Democratic Deficit in Global Governance

Migrants make up a disproportionate part of the social category whose experience in the world of work is marked by “precarity” in terms of informal labour, wage squeeze, temporariness, uncer- tainty and pernicious risk. They belong to the most disadvantaged among a globally growing workforce of casual labour which has come to be called the “precariat”. This, in spite of vast differences in local situations, is currently one of the greatest social and political challenges: to governments, to multilateral organizations, to trade unions and to broader social justice and human rights movements across the world. It is a predicament of the present that takes us well beyond the conventional understanding of North and South, West and East. “Precarity” has currently gained importance in critical labour and citizenship studies in general, and in studies on migration, in particular. Its coining is ascribed to Bourdieu (1963). It epitomizes the nexus of precarious labour and truncated citizenship (e.g. Vosko, 2009; Anderson, 2010; Goldring. 2011).Yet the meaning that precarity conveys in a range of contemporary critical studies is not “social exclusion”, seen as due to redeemable institutional shortcomings, but a “constitutive ele- ment of the new global disorder, to which it is very functional”. (Ricceri, 2011: 68). As such it represents an institutionally embedded hegemonic norm embodying market driven imperatives of “flexibility”, “availability”, “multilocality” and compressed “mobility” across time and space, with “the migrant” as its quintessential incarnation (Tsianos, 2007: 192). But “precarity” – together with its offshoot, the “precariat” – is, equally, adopted as a self-ascribed emblem by contemporary social movements questioning the premises of this very norm. Talking the talk of “precarity” has become regular parlance in political and scientific debates on and through labour and social justice movements concerned with the rights of migrants. There are indications that a global movement is afoot, speaking with or on behalf of millions of migrant “precarians”. This is part of the wider alter-globalization movement, which is developing in tandem with and at the same time contesting neoliberal globalization by emphasizing instead “human rights” and the participatory role of civil society in a democratized global governance of migration (Liki c-Brbori c and Schierup, 2012, [2010]).

A Just World Under Law: A View From the South by BS Chimni

This is an important work - very much worth reading. Here are two quotes from it.: "Transnational capital sees a borderless world economy as its field of operation leading to the globalization of national production and financial systems. Its third world component plays the role of a junior partner with the crucial task of legitimizing the vision of global capital in its own world. There is also support for this vision in a growing global middle class that hopes to benefit from the ongoing globalization process." ... then he goes on to discuss a number of core concepts which need discussion - "The unified global economic space is being established through a range of international law instruments that include international trade law as embodied in World Trade Organization ("WTO") texts and international monetary law as prescribed by international financial institutions. The key development here is the prescription of minimum uniform global standards. That is to say, irrespective of the sovereign territory on which transnational capital operates it is increasingly governed by the same set of norms or norms that possess family resemblance. For example, every WTO member state has to abide by the norms governing intellectual property rights as embodied in the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights ("TRIPS"). Some states merely get a longer transition period in which to implement them. The examples can easily be multiplied. The emergence of a unified global economic space may also be conceptualized in terms of the growing internationalization of property rights through the medium of international law. Indeed, the phenomenon of internationalization of property rights is crucial to the creation of a unified global economic space. "