Tags » Globalization

The New Frugality

A recent article in The Atlantic, “The Cheapest Generation,” argues that millenials no longer want cars or houses. Average people are beginning to realize what many rich people have known for a while: it is better to pay for… 692 more words

Intellect

America’s wealthiest families smash income ceiling, middle-class left far behind

By Robert Bridge | RT | December 18, 2014

Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels.

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Economics

UK's oil industry close to collapse: Senior official

A view of North Sea oil field in the UK (file photo)

A senior British energy official says the UK’s oil industry is “close to collapse” due to a recent dramatic fall in crude prices. 244 more words

Visions

The truth about smart cities: ‘In the end, they will destroy democracy'

Songdo in South Korea: a ‘smart city’ whose roads and water, waste and electricity systems are dense with electronic sensors. Photograph: Hotaik Sung/Alamy

The smart city is, to many urban thinkers, just a buzzphrase that has outlived its usefulness: ‘the wrong idea pitched in the wrong way to the wrong people’. 527 more words

Visions

Hazardous Trend: The ‘Commodification’ of Sleep

(Image Source: Health Com U)

By 21wire

In the 21st century, like every other thing in our lives, something as fundamental as sleep has surprisingly become a ‘commodity’ – to be rationed – rather than an essential human need. 302 more words

Visions

White Paper: Improving Lives and Indonesia's Economy

Written from the perspective of an Indonesian NGO addressing its own government, the white paper seeks to balance the benefits and drawbacks of globalization in order to improve the lives of workers in sweatshops while also keeping Indonesia’s economy prosperous.

White paperVladimirStroe

Ethics