Posts Tagged ‘Purchasing Power’

Globalization and Outsourcing

One consequence of globalization is that it has forced organizations to outsource some of their business activities to save on costs of doing business. The effects for outsourcing have been dramatic leading to workers being laid off. In addition, outsourcing has caused professional workers especially in poor countries to settle for jobs with meager payments [...]

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Monitoring the coverage on your life

One of the things we value is certainty and predictability. It would be good if everything stayed the same so that, once we have put everything in place, we could just lie back and let life pass us by. Unfortunately, life has a nasty habit of waking us up. If we are lucky, the plans [...]

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Voucher Communities – the Solution to Unemployment?

Article by Sam Vaknin I. Executive Summary “Voucher Communities” are communities of unemployed workers organized in each municipality. The unemployed exchange goods and services among themselves in a barter-like or countertrade system. They use a form of “internal money”: a voucher bearing a monetary value. Thus, an unemployed electrician can offer his services to an [...]

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