asterisk2a + prosperity   6

The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
INEQUALITY FOR ALL - Upward Mobility on Vimeo
This is a clip from the Robert Reich film "Inequality for All." You can see or order the whole film here. It's also available to watch instantly on Amazon, or you can get the DVD from Netflix. It is truly worth your time to see the whole movie — I promise! Fact-checks by Robert Reich's very capable crew. + http://youtu.be/QPKKQnijnsM - Twitter user GroteMond has rightly pointed out that socialism isn't technically equal distribution of wealth. However, in the case of this video, the video creator is referring to the majority of Americans' perception of what socialism is, not what it actually is. So yes, there's yet another thing we are generally misinformed about. + http://youtu.be/qSjGouBmo0M USA Healthcare + http://youtu.be/ZuhYRZRfTuY
social  mobility  Robert  Reich  income  inequality  USA  economic  history  Higher  Education  formal  UK  Gini  coefficient  babyboomers  Millennials  economics  Career  Politicians  Politics  accountability  middle  class  squeezed  middle  class  Debt  Super  Cycle  prosperity  documentary  public  policy  policy  error  policy  folly  courage  Toff  Perception  reality  wealth  distribution  occupywallstreet  Super  Rich  taxation  taxevasion  corruption  healthcare 
february 2014 by asterisk2a
▶ Why countries grow - YouTube
Nations rich in transferable skills have more growth potential than those that merely exploit their natural resources, according to Harvard's Ricardo Hausmann. In part one of a discussion with John Authers he explains how to map a country's usefulness. >> http://www.amazon.co.uk/The-Atlas-Economic-Complexity-Prosperity/dp/0262525429/ + Part 2 /watch?v=i-TQqyM-pNg History of Growth ...
skills  knowhow  Career  Politicians  Politics  public  policy  transferable  skills  Higher  Education  formal  academia  Diversity  product  diversification  Oil  bubble  GDP  political  folly  competitive  advantage  competitiveness  policy  error  policy  folly  globalization  short-term  thinking  economic  history  fiscal  policy  political  error  prosperity  income  mobility  Ricardo  Hausmann  natural  resources  social  mobility  book  diversification  economics  globalisation  liberal  economic  reform 
october 2013 by asterisk2a
The Political Changes that Transformed the American Dream - YouTube
For Pulitzer Prize-winning journalist Hedrick Smith, the American Dream depends upon the prosperity of middle class. Ray Suarez talks to Smith about his latest book, "Who Stole the American Dream?" for more on what needs to change to restore the American Dream, economically, politically and culturally.

> baby boomers heading for poor retirement, poverty, forced to live off social security
> increase in productivity kept going, but not wages in appropriate manner
> middle class economics - prosperity - dependent on power. power over time shifted to corporates who overshadow policy making in Washington with their lobbying.

+

Obama wanted to close the revolving door between corporates and Political Policy making in Washington, cutting off the force of the corporate lobby - he fail miserably by hiring from a pool of corporate thought leaders during his election campaign 2008 and while in office.

Capitalism ran wild. And when it was down, we fed it with bailouts to stand up again.
accountability  transparency  barackobama  presidency  government  governance  Politics  lobbyist  Lobbying  lobby  productivity  prosperity  middleclass  socialsecurity  pension  scheme  babyboomers  401k  book  economic  history  USA 
october 2012 by asterisk2a
Hacker Culture: The Key To Future Prosperity? | TechCrunch
I am advocating for governments in every country to recognize that the health of their economies will be increasingly dependent on whether there is a decently paved path for hackers to start companies. Leaders in both the public and private sectors should be asking questions such as: Are there excellent programs to train potential entrepreneurs and angel investors in my country? Do my country’s most talented hackers have a realistic chance to attend a relatively local, high quality accelerator? Is it easy to incorporate and invest in businesses? Is there reliable internet access in my country?

Nations should consider hackers to be a precious resource. The amount of innovation and global prosperity in the 21st Century will be directly proportional to how well we nurture this resource. What do you think is the best solution to ensure that hackers everywhere have the opportunity to become successful entrepreneurs?
mentoring  venturecapital  economics  prosperity  economic-thought  hacker  Hacking  Entrepreneurship 
march 2012 by asterisk2a

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