Ageing Populations Could be Good for the Economy. The world’s population is getting older.
The share of the global population that is more than 50 years old is becoming larger and larger, presenting several economic challenges, the most troubling being the possibility of much slower economic growth. Several economists have raised the alarm that an older population will slow growth due to lower productivity, less labor force participation, and less investment growth.
If this hypothesis is true, then the global economy could be in store for a sustainable period of weak growth. ‘The age of the citizen is coming' Against a backdrop of Brexit, now is a pertinent time to rethink our ideas of society.
Jon Alexander suggests that when we consider ourselves citizens rather than consumers, communities are stronger and more effective Shortly after taking over as prime minister, Theresa May put “the spirit of citizenship” right at the heart of her vision for Britain. How Blockchain is Impacting Clean Energy. No one enjoys paying their electricity bill.
It keeps going up and up, with a bunch of new nonsense fees thrown on top every few years. What’s worse is that many parts of the world still rely on dirty fossil fuels to produce this energy. By now we have all heard about the potential of solar and other renewables to shake up the energy market, but you might not know that blockchain technology also has its place in the mix. Several startups are developing projects that integrate blockchain and solar energy. Their ideas range from developing alt-coins for trading and incentivizing power production to using smart contracts for administering energy transactions. SolarCoin. The Rise of Emergent Organizations. By Beth Comstock.
How blockchain could upend power markets. Talk about a disruptive technology.
The “world's leading software platform for digital assets,” blockchain may be little known, but it could revolutionize electricity markets. What is blockchain? Blockchain, in short, is a secure, decentralized, and highly efficient way to manage and keep track of infinite transactions. Rather than being stored on a central server, peer-to-peer transactions are replicated across a number of computers, creating a data store that records exchanges in almost real time. Creating an economy that's distributive by design. They say a picture speaks a thousand words, so here’s the state of humanity in a single image.
It’s the “Doughnut” of social and planetary boundaries and it could just turn out to be the compass we need for creating a safe and just 21st century. Image: Kate Raworth and Christian Guthier / The Lancet Planetary Health. Rule of law 2.0 - Towards a definition — Steemit. With the automation of law[1, 2, 3], what we really need for the next 5 to 10 years, is to describe what "rule of law 2.0" would look like.
Lawyers understand law and the subtlety of legal mechanisms in ways that most people do not, and so could translate to them what "rule of law 2.0" could look like. Bitnation, or maybe it was Tim O´Reilly first , defined governance 2.0 as "voluntary, borderless, decentralized", and "rule of law 2.0" would how I see it be voluntary, borderless and decentralized as well. Universal access to private law, if private law is competitive with civil law and performs better, would be exactly that. "Done well, smart contracts will unlock for everyday users the wonders of private law previously only available to the rich.
" - Nina Kilbride Law is becoming an information technology. Blockchain + Energy… why all the fuss? For those of us watching the energy business closely, it feels like every other day there’s at least one new article touting blockchain as “the next big thing in energy.”
Reading some of these articles you could be forgiven for thinking that sprinkling a bit of blockchain dust on a product imbues it with magical powers! But the blockchain is a bit of an esoteric concept to most of us. So, what is it? At its core, blockchain is a distributed, immutable (read: tamper-proof), and transparent ledger of transactions. In general terms, this means no one person or entity “controls” the blockchain, and that there can be a high degree of trust in the transaction log itself.
Why Big Organizations Are Broken. Charles Erwin Wilson, Eisenhower’s Secretary of Defense is credited with the quote, “What’s good for General Motors is good for the country.”
In fact, what he said was actually the inverse (that what was good for the country was good for GM), but no matter, both statements had an element of truth. Firms like GM needed a strong government to provide extensive industrial infrastructure and effective economic governance. Governments, for their part, needed large corporations to run the economy productively, raise living standards and expand the tax base. Today, according to Gallup, we’ve lost our faith in large institutions, including government, religious organizations and labor unions (though we never had much faith in big business).
Many attribute this trend to high profile scandals and the financial crisis, but the reality is that the decline is longstanding. The Huge Problem of the Mega-Corporate. Why Medieval Peasants Got More Vacation Time Than You. By Lynn Parramore Life for the medieval peasant was certainly no picnic.
His life was shadowed by fear of famine, disease and bursts of warfare. End of Nations: Is There an Alternative to Countries? Climate Change Casts Doubt Over Parenthood. A conference attendee looks at a projection of Earth on the opening day of the COP 21 United Nations conference on climate change, in November on the outskirts of Paris.
Alain Jocard/AFP/Getty Images hide caption toggle caption Alain Jocard/AFP/Getty Images. Ageing Populations & Regional Decline. Population By comparison with most of its structurally older OECD counterparts, New Zealand’s population has grown strongly over the past two decades with annual growth rates averaging above 1.0 per cent. Auckland accounted for over half of this growth, while the remaining growth was unevenly distributed across the rest of the country. The End of the Extraction Economy. Suburbia is an integral link of extraction economics. In the past, public transit would be needed to support a new community, and a diverse economy would follow with housing, schools, institutions and human-scaled retail.
The car economy changed that, with its requirements for standardized and separated efficiency for housing and retail, connected with easy-to-follow zoning linked by highways and parking lots, and serviced by individually-owned automobiles. Since many jobs were connected to the automobile supply chain, the extraction economy became an aspirational spiral of trade ups, enabling the participants to enjoy current and new benefits while deferring future costs. Tech. & Bioscience, Not Ideology, Now Threaten Democracy. Eight Future Digital Health Jobs To Watch. With people living increasingly longer lives, medical care from surgeons, physicians, pharmacists and dentists will increase as well. The Gig Economy Helps Make the Case for UBI. It has now been nearly 14 years since I joined the “gig economy” – long before the term was invented. Since the summer of 2002, I’ve been linking together a series of work assignments – some very short-term tasks, others very long-term relationships – to produce a stream of revenue instead of a salary.
By 2014, the Freelancers Union calculated that about 53 million Americans had become independent workers, as I am, whether voluntarily or not. Pivotal Moment As Candidates Retreat From Free Trade. Enemies in politics and opposed on nearly all fronts, Donald Trump and Hillary Clinton have found themselves united together against Barack Obama and a tradition that has kept America in charge of the world economy’s rules for more than 70 years. The next president of the United States is rethinking free trade. Can AI Run a Traditional Bank Without Staff? The Milan-London startup connection is getting stronger.
Imagining A Corporation In 2050. Why The Game of Business Needs to Change Its Rules. Why The Game of Business Needs to Change Its Rules. The End of Power? Reinventing Organizations. Crowd Funding Taps Into Australian Real Estate. Australians have a love affair with property. According to CoreLogic data, Australian house prices have already increased by 6.3 percent this year. Need For Trade Choices Beyond Just Nationalism & Globalisation. Tuesday, Aug 2, 2016, 3:56 pm BY Leon Fink In an age of transportation and communication revolutions, geography proved less and less a haven for higher-cost home producers against distant competitors. (Zixi Wu/ Flickr) Neoliberalism Is Dying From Within.
Zappos' CEO on the Misconceptions of Holocracy. See Ya Capitalism, the Collaborative Economy Is Taking Over. Sharing Economy Could End Capitalism, But That's Not All. Revealed: The Capitalist Network Running The World.