economy
Economy and the area of production, distribution, trade, and consumption of goods and services.
Data-driven Transformation
A woman who lives in the Rajasmand district of Rajasthan worked under MGNREGA and had her wages for her work of 60 days between April and November 2019 due to her. For the amount of Rs. 12000 due to her, she went to the officials to enquire and was given the established standard response - told to wait. Wait, the accepted fate of the common. After having completed one round of work, a worker’s wages are to be transferred to her bank within a 15 days period. The woman waited for 8 months getting the same response from the bank every time she went to ask about her payment, that her bank account had not been deposited with the wages.
By The Hundredth Monkey5 years ago in Journal
The True Cost of Working Minimum Wage
As an hourly worker, I recently decided to do my some math. If I use the living wage of fifteen dollars an hour as a benchmark, how many hours of work are my household items and trinkets worth? How many days? What is the true value of a possession when measured, not in dollars, but in time? After answering these questions, I represented a year of bills as days worked. The results were both surprising and saddening.
By Jacob C Sadler5 years ago in Journal
The WFH Series: The Implications of the Looming Demise of the “Commuter Industrial Complex”
In some ways, the consequences of the increases to come in remote working and hybrid work arrangements on a more permanent basis read almost like the children’s favorite, If You Give a Mouse a Cookie. That is because if less workers are working regularly in offices, then organizations - the government included - will need less office space. And if there is less demand for office space, rents will go down. And if rents go down, that is good news for the renting organization (including the government), because they will be spending less on offices - with rent really only being the starting point of these expenditures (including utilities, maintenance, insurance, etc.). However, all of this is bad news - very bad news - for owners of the office space, who will see less revenue and more vacancies. And with less revenue and more vacancies, the value of the buildings holding the office space will go down. And if the value of the commercial buildings goes down, then the local governments who depend on property taxes will see less revenue. And with counties and cities seeing less revenue from property taxes, they will have to either raise taxes elsewhere or cut services to citizens.
By David Wyld5 years ago in Journal
The Steel Bull Statue
I am reminded every day that life is full of gambles. The trademark statue of a steel copper bull in the Financial District, always pushes me back into reality about why working is a privilege. The privilege of being a boutique worker instead of a average energy representative that goes door to door and get’s signature. Somehow, I had pushed my way into a male dominated area without the full credentials. Every morning I was privileged to pass the steel bull in the financial district and be motivated constantly. I mean, I would wait in long Starbucks lines as if my salary was six figures. And then instead of buying nutritious foods, I would go to Wendy’s for lunch and get a four for four value meal. I had the privilege of wearing nice attires and walking big stone dead end roads with patio covered tables outside. I had the privilege of engaging in book reading, and yogurt eating. Of course, I was not the six figure bread winner who worked on wall street, but I still passed the steel bull like everyone else. The first time I encountered the steel bull statue, I attended a hyped up meeting with 30 other attendees. The session lasted for two hours with tons of open interviews regarding energy door to door sales and sign up procedures.
By Tanea Hill5 years ago in Journal
Ohayou, Boredom
It was 2008, I was in the middle of Ohio, and I had absolutely nothing to do. Most hobbies start that way, I think--that mundane postponement of persistent boredom. The greater the boredom, the greater the need to remedy it. And Ohio was pretty boring.
By GT Caruthers5 years ago in Journal
We need Smart Globalization with a Glocal Approach
The Covid 19 Pandemic has slowed down an already weakened globalization process. Much before the Pandemic struck, nations worldwide were turning their backs on globalism and began to pursue nationalistic and by extension, populist policies. See for instance, the rise of strongmen authoritarians like Donald Trump, Vladimir Putin, Erdogan, Bolsonaro, and Viktor Orban, who espoused Nation First rhetoric. Indeed, one of the reasons for Trump’s victory was the widespread, though largely factually incorrect, feeling that globalization has enriched the Few and left the Many impoverished.
By Rammohan Susarla5 years ago in Journal
The Toll Of Tipping. Top Story - July 2021.
A casual conversation with anyone working front-of-house in the restaurant industry will solidify a known ideal; these workers rely on their tips to survive. An offhanded suggestion that the industry should do away with tipping would no doubt be received with an onslaught of objection and rightfully so. For decades tipping has grown from a small optional bonus for a job well done, to a mandatory shame-inducing ritual that is harmful to patrons, restaurant owners, and especially servers. To ensure the wellbeing of service industry workers and restore the integrity of restaurants, the United States must replace toxic tipping culture with a livable wage for employees.
By Christine Jupp5 years ago in Journal
