Six on "our" Economy: Visualize the Entire World’s Wealth Inequality; Whatever Works; Citibank: Exploiting the Past, Condemning the Future; William Dalrymple Warns of Unchecked Corporate Power; In overworked Japan, Microsoft tested a four-day workwe

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Nov 6, 2019, 12:40:23 PM11/6/19
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Six on "our" Economy: Visualize the Entire World’s Wealth Inequality; Whatever Works; Citibank: Exploiting the Past, Condemning the Future; William Dalrymple Warns of Unchecked Corporate Power; In overworked Japan, Microsoft tested a four-day workweek; Why It’s Got to Be Bernie



Visualize the Entire World’s Wealth Inequality





Whatever Works


In overworked Japan, Microsoft tested a four-day workweek. Productivity soared 40 percent.

"The test run, which took place in August and gave employees five consecutive Fridays off, boosted sales per employee by 40 percent compared to the same month a year earlier, according to the post. The number of pages printed in the office fell by 59 percent, electricity consumption dropped 23 percent, and 94 percent of employees were satisfied with the program.

The month-long test was billed as being part of a "work life choice" strategy aimed at helping employees work more flexibly, and comes amid ongoing labor reforms throughout the country. Prime Minister Shinzo Abe has introduced caps on overtime hours and raised incomes on part-time and temporary workers as part of his labor practice reforms, which have been contentious at times.

Yet it is also the latest example of a growing global movement to experiment with the concept of a four-day workweek as tight labor market conditions continue, technology offers increased flexibility and reports proliferate that some workplaces have seen beneficial results from working four days and then being off for three."

Historian William Dalrymple Warns of Unchecked Corporate Power in His Latest Book

"What lessons can we learn?

The East India Company was a trading company that became very powerful and started running territory and no longer had to import bullion because it taxed Indians and used the profits to buy and sell to Britain. It certainly is history’s greatest warning about the power of corporations and the ability of corporations to change forms to avoid legislation.

Corporations, as Elizabeth Warren is saying in her campaign speeches, are changing so fast that we need new laws to keep an eye on them. And [look at] what’s going on with Facebook—Alexandria Ocasio-Cortez cross questioning Mark Zuckerberg on what exactly Facebook’s rules on censorship are and how far it intervenes in the political process. These are issues which are hugely relevant today and have their origin in the first corporation that engaged in politics, that toppled states, that was engaged in regime change abroad, in corporate bribery and lobbying."





Alan Singer: Citibank: Exploiting the Past, Condemning the Future


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