Get a real job! The note with 1 per cent tip left by wealthy banker after $133 lunch as an insult to the 99 per cent

Just when you may have thought the ongoing battle between the 99% and the 1% was dying down, it may have been reignited. A wealthy banker left a $1.33 tip on a $133 lunch at the True Food Kitchen restaurant in Newport Beach, California. To add insult to injury the word “tip” was circled on the receipt, and the banker wrote “get a real job” on the bill. The picture of the receipt was taken and uploaded to the blog Future Ex-Banker by a person who was dining with the anonymous banker. As expected, the blog received a lot of attention and has now been taken down. The author of the blog wrote, “mention the 99% in my boss’ presence and feel his wrath. So proudly does he wear his 1% badge of honor that he tips exactly 1% every time he feels the server doesn’t sufficiently bow down to his holiness.” People online who had a chance to see the blog post before it went offline and those who have been made aware of it on social media outlets are outraged. One person called the tip a “tale of greed and contempt,” and another referred to it as “arrogance personified.” The Web’s general reaction to this story is eerily similar to an almost identical 1% vs. 99% scenario...

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Theology of “Enough”

by Shane Claiborne   There is no better time to talk about redistribution than right now. The world is aching. Inequality smacks us in the face again and again. Technology has connected the world into a global neighborhood where it is nearly impossible to ignore the invisible faces behind the lifestyles many of us live, or the painful poverty much of our world experiences. Daily news headlines highlight the economic instability of the market, and call us to question the unsustainable patterns of consumption that we call the American Dream. People are wondering if God had another dream in mind. God’s dream for creation is different from Pharaoh’s dream or Rome’s dream or Wall street’s dream. At the center of God’s economy is the idea of REDISTRIBUTION. One of the first stories in the Hebrew Bible is the story of Exodus, in which God rescues a group of Hebrew slaves from the oppressive world of Pharaoh. They were building the storehouses of Egypt – that is to say, they were building banks to store other people’s money, while their own families struggled to live. God hears their cry and rescues them. As they are being led out of Egypt, God begins forming them into a “holy nation” by establishing some new laws and patterns for these people. They are...

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Is There Such a Thing as a Good CEO?

Check out this story about Haruka Nishimatsu, President and CEO of Japan Airlines, one of the biggest airlines in the world: He takes public transportation, shares an office with co-workers, stands in line to eat at the cafeteria. When things got tough in the recession, Haruka cut all his corporate perks, and cut his own salary — making less than his pilots. He felt he needed to share their own pain, and struggle to figure out things like how to fix a water heater that breaks. In his own words, “Relating to what his employees experience” is key to his own survival. When asked about CEOs that make 400 times their workers, he laughed contagiously, and said, “I can’t imagine… Businesses that pursue money first fail.” He went on to say this is a very basic ethic that much of the corporate world has forgotten – people come before profits. In 1965 the average U.S. worker made $7.52 per hour while the average CEO made $330.38 per hour. A few years ago that study was done again, and the average worker wage slumped to $7.39 – the average CEO wage skyrocketed to $1,566.68 per hour. Some CEO’s are making as much as $16,000 per hour… more than their workers make in an entire year....

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Life.inc

Douglas Rushkoff gave us some valuable insight back before all the bailouts of the banks.  The last two minutes are especially powerful, and suggest that we be missing an opportunity to change the way we relate to economics. Life Inc. The Movie from Douglas Rushkoff on...

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Did the Occupy Movement Miss the Mark?

by Dana Fisher   Dietrich Bonhoeffer once said “In the gospels the very first step a man must take is an act which radically affects his whole existence.” What I saw from the Occupy Wall Street movement wasn’t a radical change in our existence but a desperate grab to make us all equally rich, an equality which Jesus called us out of. When they finally cleared Dewey Square of all the tents and sleeping bags and all that was left were scraps of paper and empty footprints in the mud I couldn’t help but feel we had missed the mark. The Occupy movement felt like a hollow thud in the threads of time. It lacked direction and left me with the sense of selfishness and greed. The mud of American capitalism was hard to wash off my boots. We didn’t want equality, what we wanted is what others had. It’s hard to disagree with many of the principles put forth by the occupy movement, the need for equality is there and it is real. But the way it was gone about was a misstep to real social change. It lacked selflessness and leadership of which both are needed to motivate and bring out the best in each of us, pushing us to love and strive for others like we...

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