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Steve Bosserman

The Future of the Labor Movement Rests on the Achievement of Unconditional Basic Income - 0 views

  • The ability for everyone to say “No” to any and all employers would have an undeniable effect on bargaining power. It’d mean greater profit sharing, higher wages, shorter days and/or weeks, improved working conditions, more flexibility, etc. UBI can even function as a universal strike fund.
  • Everyone should have the power to refuse to work for another as a condition for their existence. The right to exist is unconditional, and so no one has the right to command your wage labor with the threat of destitution.What unconditional basic income achieves is nothing less than profoundly historic. UBI is the declaration that all wage labor should be fully voluntary, all work, both paid and unpaid should be recognized, and that the goal of technology is to increase our control over our time.
Steve Bosserman

The wealth of our collective data should belong to all of us | Chris Hughes - 0 views

  • Nearly every moment of our lives, we’re producing data about ourselves that companies profit from. Our smartwatches know when we wake up, Alexa listens to our private conversations, our phones track where we go, Google knows what we email and search, Facebook knows what we share with friends, and our loyalty cards remember what we buy. We share all this data about ourselves because we like the services these companies provide, and business leaders tell us we must to make it possible for those services to be cheap or free.
  • We should not only expect that these companies better protect our data – we should also ensure that everyone creating it shares in the economic value it generates. One person’s data is worth little, but the collection of lots of people’s data is what fuels the insights that companies use to make more money or networks, like Facebook, that marketers are so attracted to. Data isn’t the “new oil”, as some have claimed: it isn’t a non-renewable natural resource that comes from a piece of earth that a lucky property owner controls. We have all pitched in to create a new commonwealth of information about ourselves that is bigger than any single participant, and we should all benefit from it.
  • The value of our data has a lot in common with the value of our labor: a single individual worker, outside of the rarest professions, can be replaced by another with similar skills. But when workers organize to withhold their labor, they have much more power to ensure employers more fairly value it. Just as one worker is an island but organized workers are a force to be reckoned with, the users of digital platforms should organize not only for better protection of our data, but for a new contract that ensures everyone shares in the historic profits we make possible.
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  • A data dividend would be a powerful way to rebalance the American economy, which currently makes it possible for a very small number of people to get rich while everyone else struggles to make ends meet.
  • A data dividend on its own would not be enough to stem growing income inequality, but it would create a universal benefit that would guarantee people benefit from the collective wealth our economy is creating more than they do today. If paired with fairer wages, more progressive taxation, and stricter enforcement of monopoly and monopsony power, it could help us turn the corner and create a country where we take care of one another and ensure that everyone has basic economic security.
Steve Bosserman

A California Court Just Ruled That Gig Workers Are Bona Fide Employees. Will Courts in ... - 0 views

  • The court ruled in favor of the Dynamex drivers, agreeing that they had been misclassified as independent contractors and are, in fact, employees. The ruling also concluded that employers could only classify as independent contractors those workers who meet the conditions laid out in the "ABC standard" established in other states:(a) that the worker is free from control and direction over performance of the work, both under the contract and in fact; (b) that the work provided is outside the usual course of the business for which the work is performed; and (c) that the worker is customarily engaged in an independently established trade, occupation or business (hence the ABC standard).
  • While some of these workers may be independent contractors by choice, others, like the Dynamex drivers, were forced into the classification by employers looking to save money. The National Employment Law Project estimates that employers can reduce payroll and other taxes by up to 30 percent by re-classifying employees. State-level studies on the issue, meanwhile, have uncovered extremely high misclassification rates—a series of audits in Ohio found that 47 percent of workers were misclassified. (This misclassification, not surprisingly, costs federal, state, and local governments hundreds of millions of dollars in lost tax revenues.)
Bill Fulkerson

New app turns consent into a contract. Why do we need it? - 1 views

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    This article speaks to a trend of using blockchain technology to document contracts for the time, use, consumption, etc. of all resources required to fulfill those agreements. That information has considerable bearing on the availability, replenishment, refurbishment, or replacement of such resources, which is particularly useful to those who own / control them for reasons of pricing, inventory, and costs, as well as input to design specifications for algorithms that analyze behavior in the system.
Steve Bosserman

Poverty May Be Bad for the Brain - Pacific Standard - 0 views

  • But new research finds one factor that influences the rate at which our brains age is largely outside our control: our socioeconomic status.
  • "Engaging and resourceful environments associated with higher socioeconomic status may provide a buffer or delay against aging," the researchers write. "Inadequate health conditions associated with lower socioeconomic status environments (such as exposure to toxins and poorer nutrition), together with continual stress, may accelerate the aging process."
  • Using neuroimaging, the researchers evaluated participants' brains in two ways, measuring "functional network organization and cortical gray matter thickness." They found both measures demonstrated greater aging in people of lower socioeconomic status, even after accounting for demographic differences and personal health.
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  • A 2014 study found African-Americans age more rapidly than whites, presumably due to the stress of dealing with racism.We've long been told that a mind is a terrible thing to waste. Perhaps we need to remember it's also a terrible thing for a mind to waste away.
Steve Bosserman

It's time to regulate the gig economy | openDemocracy - 0 views

  • Although it would seem straightforward that the laws protecting workers should also apply to workers in what is described as the ‘gig economy’ or ‘platform-based work’, there is much debate – and confusion – on this issue. This lack of clarity stems in part from the novelty of platform-based work. There has also been an effort to conceal the nature of platform-based work through buzzwords such as ‘favours’, ‘rides’, and ‘tasks’ as well as the practice common to many platforms of classifying their workers as independent contractors. Platform-based work includes ‘crowdwork’ and ‘work-on-demand via apps’. In crowdwork, workers complete small jobs or tasks through online platforms, such as Amazon Mechanical Turk, Crowdflower, and Clickworker.  In ‘work-on-demand via apps,’ workers perform duties such as providing transport, cleaning, home repairs, or running errands, but the workers learn about these jobs through mobile apps, from companies such as Uber, Taskrabbit, and Handy. The jobs are performed locally.
  • Platforms mediate extensively the transactions they have with their workers, and also between the customers and the workers.  Platforms often fix the price of the service as well as define the terms and conditions of the service, or they allow the clients to define the terms (but not the worker). The platform may define the schedule or the details of the work, including instructing workers to wear uniforms, to use specific tools, or to treat customers in a particular way. Many platforms have performance review systems that allow customers to rate the workers and they use these ratings to limit the ability of lower-rated workers to access jobs, including by excluding workers from their system. The amount of direction and discipline that clients and platforms impose on workers, in many instances amounts to the degree of control that is normally reserved to employers and is normally accompanied by labour protections such as the minimum wage, limits on working time, and contributions to social security. This recent ILO study provides more detailed analysis on these features of platform-based work.
Steve Bosserman

The Time Based Economy - Amar SINGH Kaleka - Medium - 0 views

  • If it works, then why in the world are we not basing our whole economy on the finite construct of “time”? It would nearly be infallible, versus the legacy commodities model, which is full of holes and reject-able logic.A “time based economy” can be used with any nation state, group, or community based economics model. To make it simple, the value at the transaction would be time dollars in the form of a digital debit.
  • In the time based economy, each person enrolled, anywhere in the world would have an online account which is controlled by the debit card (not a citizenship card).
  • The time based economy primarily functions through the education, civics, and knowledge sector.
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  • This new education model would then become the basis of the global economy, like the base of a pyramid. During these years, and throughout their education, each child would pay for their own education through “time dollars”.
  • It would become the first global economy which standardizes and binds the economic trade of all market forces, known and unknown, to the only universal equality on this planet: time.
Bill Fulkerson

America is Regressing into a Developing Nation for Most People - Evonomics - 0 views

  • In the Lewis model of a dual economy, much of the low-wage sector has little influence over public policy. Check. The high-income sector will keep wages down in the other sector to provide cheap labor for its businesses. Check. Social control is used to keep the low-wage sector from challenging the policies favored by the high-income sector. Mass incarceration – check. The primary goal of the richest members of the high-income sector is to lower taxes. Check. Social and economic mobility is low. Check.
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