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Christopher Aiden

How Outsourcing is the Solution for Contract Management Tasks? - 0 views

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    Contract management is complex and risky part of a legal business but plays an important role in terms of business and client management. Thus, to handle the issues, outsourcing has concluded as a best option for law firms to increase profitability and business growth.
thinkahol *

Why "business needs certainty" is destructive - Glenn Greenwald - Salon.com - 0 views

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    Businesses have had at least 25 to 30 years near complete certainty -- certainty that they will pay lower and lower taxes, that they' will face less and less regulation, that they can outsource to their hearts' content (which when it does produce savings, comes at a loss of control, increased business system rigidity, and loss of critical know how). They have also been certain that unions will be weak to powerless, that states and municipalities will give them huge subsidies to relocate, that boards of directors will put top executives on the up escalator for more and more compensation because director pay benefits from this cozy collusion, that the financial markets will always look to short term earnings no matter how dodgy the accounting, that the accounting firms will provide plenty of cover, that the SEC will never investigate anything more serious than insider trading (Enron being the exception that proved the rule). So this haranguing about certainty simply reveals how warped big commerce has become in the US. Top management of supposedly capitalist enterprises want a high degree of certainty in their own profits and pay. Rather than earn their returns the old fashioned way, by serving customers well, by innovating, by expanding into new markets, their 'certainty' amounts to being paid handsomely for doing things that carry no risk. But since risk and uncertainty are inherent to the human condition, what they instead have engaged in is a massive scheme of risk transfer, of increasing rewards to themselves to the long term detriment of their enterprises and ultimately society as a whole.
thinkahol *

FOCUS: What American Workers Don't Need - 0 views

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    President Obama submitted three free trade agreements to Congress based on the flawed North-American Free Trade Agreement (NAFTA) model that has been devastating to our economy, American workers and to labor and environmental standards. Hundreds of thousands of American jobs have been displaced and outsourced as a result of our pursuit of trade policies which are adverse to the economic interests of the American people. My home State of Ohio is one of the top-ten states posting the biggest job losses since the passage of NAFTA. Unfortunately, the proposed free trade agreements with South Korea, Colombia and Panama do nothing to address the significant flaws in the free trade model that prioritize the rights of multinational companies over the rights of workers and the American economy. The Korea-US and US-Colombia Free Trade Agreements are expected to increase our trade deficit by over $16 billion and result in the displacement or loss of over 200,000 jobs. This is on top of the over 2 million American jobs that have been displaced or eliminated over the past 10 years as a result of our increased trade deficit with China. The last thing American workers and our economy needs is more NAFTA-style free trade agreements.
The Ravine / Joseph Dunphy

Bush economic report praises 'outsourcing' jobs - 0 views

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    Yet another reason why I'll never vote Republican, again.
The Ravine / Joseph Dunphy

Hazards Of Severe Space Weather Revealed - 0 views

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    The good news is that those who would have been working on dealing with this problem are mostly now off flipping hamburgers, if they're lucky. Outsourcing in an economy where applicants are refused employment on the basis of long term unemployment - an idea that just keeps on getting better. Link posted to Digg by user Ironeus.
The Ravine / Joseph Dunphy

Student Debts, Stunted Lives | | AlterNet - 0 views

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    A thought to keep in mind as you read this - what happens to the already overburdened graduate whose job gets outsourced, and then can't find another because he's deemed "overqualified" for the low skilled, low wage jobs available? Answer: Look up "capitalization of interest" and then note that one can't erase student loan debt by declaring bankruptcy. What will result will be the mathematical equivalent of charging compound interest on a loan that the graduate has been deprived of the means of repaying.
Christopher Aiden

HOW TO BOOST PROFIT MARGINS OF A LAW FIRM? - 0 views

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    Maintaining the Profitability of a Legal Firm is a highly complex task due to the variant industry trends and nature of core activities. A Law firms has to handle different legal and non legal tasks of it's each and every client. This Blog will help you out with simple but effective tips to boost the productivity of your Law Firm in terms of ROI and Competence... https://goo.gl/2kCQwP
Arabica Robusta

Building a civil economy | openDemocracy - 6 views

  • my argument is that humans are more relational, ‘gift-exchanging animals’ who are naturally disposed to cooperate for mutual benefit. In the following I will attempt to show how such an alternative anthropology can translate into a ‘civil economy’ and transformative policy ideas: rebuilding our economy and embedding welfare in communities.
  • In the wake of Marcel Mauss’ work on the gift, this model emerged as a legitimate way of rethinking economics: humans are naturally social animals with dispositions to cooperate in the quest for the common good in which all can partake.
  • Building on Polanyi and G. D. H. Cole’s guild socialism, one can suggest that an embedded model means that elected governments have the duty to create the civic space in which workers, businesses and communities can regulate economic activity and direct the ‘free flow’ of globally mobile capital to productive activities that benefit the many, not the few.
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  • At national and supranational levels, caps on interest rates would help curb the predations of creditors upon debtors. Linked to such limits on financial domination are new incentives and rewards for channelling capital in productive, human and social activities.
  • f the declared aim is to preserve the dignity of natural and human life, then all participants in the public realm have a duty to promote human relationships and associations that nurture the social bonds of trust and reciprocal help upon which both democracy and the economy rely.
  • Thus, the link between different actors and levels is a series of abstract, formal rights and entitlements or monetised, market relations (or again both at once). As such, welfare beneficiaries are reduced to merely passive recipients of a ‘one-size-fits-all’, top-down service. State paternalism and private contract delivery cost more to deliver less, and they lock people either into demoralising dependency on the central state or financially unaffordable dependency on outsourced, private contractors.
Skeptical Debunker

Prudential-AIG Deal Another Case of Corporate Empire Building - 0 views

  • In spite of its new whizz-bang CEO, Prudential is a slow-moving but very reliable organization with a level of integrity that is trusted by policyholders. Frankly, that's what you want in an insurance company. I have had a modest U.K. pension with one of its competitors since 1980, and I am constantly worried that some leveraged buyout (LBO) artist will step in, take it over, change the computer system so that information gets lost, outsource customer service, and drive the company into bankruptcy. If you're buying life insurance or pension services, you want a company that's not going to disappear in the next 30 years, and doesn't change its address or computer system too often. Avoid a company like the plague if it is run by whiz kids. However, that's what AIG was like. We know how AIG operated; a guy who thought betting the ranch on the credit default swap market was a good idea ran it. Its Asian operation is no doubt full of similarly clever ideas. Even in the unlikely event that everything there is on the level, the cultural clash with an old-fashioned British insurance company is huge. And why would you pay a PREMIUM for an AIG operation? Like the Kraft/Cadbury deal, Prudential's takeover of AIA is value-destroying. Also like Kraft/Cadbury, it looks likely to destroy a valuable part of the British economy that millions of people have relied upon for generations - only this time the destruction will be caused by the buyer rather than the target. As shareholders we need a new form of corporate governance. Those in management are hired hands. In the old days, large shareholders used to treat management as they would have treated their butler - and management was equally deferential to the owners of substantial percentages of the company's capital. That's how capitalism is supposed to work - with resources deployed in the interests of the owners of capital. We know that system works; economics shows us why it works. The alternative, with resources deployed to satisfy the egos and fill the pockets of the hired hands, has no theoretical justification and little practicality - just as a big country house run in the interests of the butler would be a mess. As capitalists, we must work together to restore capitalism!
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    To inattentive observers, the recent announcement that the British insurance company Prudential PLC (NYSE ADR: PUK) would pay $35.5 billion for American International Group Inc.'s (NYSE: AIG) Asian insurance operation, AIA, might seem like just another belated expansion of the old British Empire - a strange contrast to the sale of the premier British chocolate company Cadbury PLC (NYSE ADR: CBY) to Kraft Foods Inc. (NYSE: KFT) last month. Yet in reality both deals are examples of Empire-building that for shareholders is much more dangerous than the benign British variety - Empire-building by corporate management that runs contrary to capitalist ideals.
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    Monopolies - BAD (Adam Smith even said so!) Companies controlled and run by management (as if it were their own personal fiefdom and with their hands always in the "cookie jar"), rather than shareholders - BAD. BOTH ANTI-CAPITALISTIC. Both the "norm" for "the titans" of "modern [anti] capitalism". We no longer have capitalism (if that, like communism, ever existed in a more or less "pure" form!). We have a kleptocracy of the rich and corporate aristocracy (as incestuously intertwined as the European nobles ever were!).
Syntacticsinc SEO

IT Solutions That Really Work - 1 views

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