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Bill Fulkerson

How the Global Left Destroyed Itself (or, All Sex Is Not Rape) | naked capitalism - 0 views

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    "My take on this issue is that the neoliberal use of identity politics continue and extends the cultural inculcation of individuals seeing themselves engaging with other in one-to-one transactions (commerce, struggles over power and status) and has the effect of diverting their focus and energy on seeing themselves as members of groups with common interests and operating that way, and in particular, of seeing the role of money and property, which are social constructs, in power dynamics."
Steve Bosserman

Amazon Is Finally Helping Developers Turn Alexa Skills Into Money - 0 views

  • Amazon is announcing general availability in the U.S. for in-skill purchasing, which allows the creator of a skill to sell content to an Alexa user–both one-off purchases and monthly or yearly subscriptions, with the entire transaction handled inside the skill via voice on a device such as an Echo or a third-party Alexa-compatible gadget. (As with mobile app stores, developers get 70% of the price paid by users, and Amazon collects 30% as its reward for facilitating the transaction.) In addition, the company is opening up the ability for sellers of real-world goods and services to receive payment via Alexa using the Amazon Pay service; early adopters include 1-800-Flowers, TGI Friday’s, and Atom Tickets.
  • With Alexa’s new monetization features just reaching broad availability, it’s too early to gauge their long-term impact on the platform. But for the moment, at least, they give developers an incentive to devote even more resources to Amazon’s voice service rather than divert attention to its most formidable rival, Google Assistant. Google just launched a fund to invest in Google Assistant-centric startups–reminiscent of the Alexa Fund that Amazon established back in 2015–but it hasn’t yet given Assistant commerce features like the ones Alexa is adding.
  • “We’re at this inflection point with Alexa,” Rabuchin says. “We’ve laid the foundation for the voice economy, and now, by opening up all these monetization capabilities, we think it’s going to really take off in the next year.” The idea that an epoch-shifting phenomenon like Alexa hasn’t yet taken off is a bit of a mind-bender–but whatever happens next, it’s clearly entering a new phase.
Bill Fulkerson

New Potential Credit Risk Bombs: Exotic, 'Nonlinear' and Private Transactions | naked c... - 0 views

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    "The large point is that this development is a sign of how desperate search for yield has become. In and of itself this "new" product appears not to be significant in aggregate terms, so in isolation it is not too alarming. But it is the sort of thing that can burn the unwary badly. If it becomes a meaningful-sized activty, the large-scale hazards go up too. Stay tuned."
Bill Fulkerson

Scale and information-processing thresholds in Holocene social evolution | Nature Commu... - 0 views

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    Throughout the Holocene, societies developed additional layers of administration and more information-rich instruments for managing and recording transactions and events as they grew in population and territory. Yet, while such increases seem inevitable, they are not. Here we use the Seshat database to investigate the development of hundreds of polities, from multiple continents, over thousands of years. We find that sociopolitical development is dominated first by growth in polity scale, then by improvements in information processing and economic systems, and then by further increases in scale. We thus define a Scale Threshold for societies, beyond which growth in information processing becomes paramount, and an Information Threshold, which once crossed facilitates additional growth in scale. Polities diverge in socio-political features below the Information Threshold, but reconverge beyond it. We suggest an explanation for the evolutionary divergence between Old and New World polities based on phased growth in scale and information processing. We also suggest a mechanism to help explain social collapses with no evident external causes.
Steve Bosserman

This App Delivers Leftover Food To The Hungry, Instead Of To The Trash - 0 views

  • Goodr solves that through an app that allows its clients to signal that there’s a surplus ready to be collected. The company provides its own packaging (when needed) and transport for each item and logs every part of the transaction via the blockchain, creating an unalterable digital ledger that shows food providers who ultimately received their goods, and where they ended up being consumed. Beneficiaries can also access a shared dashboard to share testimonials with the donors.
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.
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