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Showing posts with the label Wealth

End to your struggles!

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    Why do we work? Isn't it to satisfy either our basic needs or wants or to fulfill our desires? If it is true, then what happens when you fulfill these? Do you want to quit your job? Of course, yes. That would be the obvious choice as one achieves financial freedom, we no longer need the job. But the question here is can employees quit the job at will (without notice) or should they quit formally (with resignation and serving the notice period)?  Most of the employees would prefer at-will for informal and ad-hoc jobs like part-time ones, interns. No for critical jobs as employee needs the service experience letter which obviously would be provided once you serve the notice period.                                                photo courtesy - Pinterest   "Everyone has the right to work, to free choice, to employment, to just...

Parallel second economy!

          Again am stressing the point Man is known for creative destructive nature. We are creating the digitalised world with social media, mobile, cloud, analytics (SMAC) technology that is predicted to be equal to the physical economy by 2025, referring to Brian Arthur's article ' The Second economy '. No wonder this second economy will create a progressive path for few with lesser jobs for the majority, the bigger impact is the divide. Arthur in his article talks about producing wealth with uneven wealth distribution. If this is bound to be true, the world is staged for the next war - Rich vs Poor.             If I imagine the digital economy to prosper in the next decade to its full potential, the economic impacts would be a greater divide between the rich and poor. The most unfortunate thing about this being the economic progress without jobs. I am sure, many countries including India have already started see this kind of ...

Stage set for next war!

       "War is coming", no, am not referring to the Game of Thrones ad here. But the real war is going to come. Lest we should be prepared. This one is for sure not between countries nor between regions but it will come. I suspect this war would be to show how unbalanced our the economic situation is. I Hope it ends and will not lead to our extinct.        The world today as we see is growing to become more in-equal w.r.t income we earn. As of today, the richest 3 Americans are equivalent to 50% of the bottom in terms of money. Is it fair? The richest 1% of the global population received 82% of  wealth  created in 2017, while nothing went to the  poorest half  (3.7 billion) of humanity, according to a  new study  by the global charity Oxfam.          Don't you see the stage being set for the hunger vs wealthy? The pace at which the rich are accumulating the wealth is the real worry. Not ...