dimelab dimelab: shrinking the gap between talk and action.

displacing Topic in The Credit Debacle Catalog

displace small proprietors (1); government continuously absorbs workers displaced (1); suddenly displace (1).

Culture of Life News Thu 2010-05-20 16:57 EDT

Imbalances In World Trade Cause Tectonic Shifts In Power

...Very, very soon, China will be the world's #1 oil buyer and shortly after this, the yuan will suddenly displace the dollar as the currency which determines the value of oil deals. Then, the yuan/dollar peg will vanish. And we better prepare for this day: it is INEVITABLE. We will suddenly find out where all those many trillions of US dollars are hidden in various foreign FOREX accounts and then hyperinflation will rage...for the US dollar, not the Chinese yuan...

Culture; imbalances; Life News; Power; World Trade Cause Tectonic Shifts.

Wed 2010-05-19 11:40 EDT

Community Development Job Guarantee

The Centre of Full Employment and Equity has developed a sustainable path to full employment, which it calls the Job Guarantee program. A major focus of our work is on articulating this program - explaining how it works, the urgency of it, and the reasons why it is the only way to achieve full employment with price stability, a combination that has evaded most economies in the last 25 years. Under the Job Guarantee policy, the government continuously absorbs workers displaced from private sector employment. The Job Guarantee employees would be paid the minimum wage, which defines a wage floor for the economy. Government employment and spending automatically increases (decreases) as jobs are lost (gained) in the private sector. The approach generates full employment and price stability. The Job Guarantee wage provides a floor that prevents serious deflation from occurring and defines the private sector wage structure. CofFEE's latest work in this area has been developed into a proposal for a Community Development Job Guarantee (CD-JG) focussing on the long-term unemployed (people who have been unemployed longer than 12 months) and youth unemployed. These two groups have been targeted because of the severe economic and social costs that result as the period of unemployment lengthens, or when unemployment occurs at the beginning of a person's working life...

Community Development Job Guarantee.

Mon 2010-03-22 14:10 EDT

American small businesses needn't go extinct

...One recent study, based on data compiled by the Organization for Economic Cooperation and Development, placed the United States second to last out of 22 rich nations in the percentage of workers who run their own businesses. Only Luxembourg ranked lower. The American small business is increasingly becoming an American myth: Self-employment in nonfarm businesses has fallen by nearly half over the past 50 years...specific political moves and decisions in Washington over the past several decades have made it much easier for the people who control large-scale corporations to displace small proprietors. One of the most important was a radical change in 1981 in the enforcement of U.S. antitrust laws...we have witnessed the greatest consolidation of economic power since the days of J.D. Rockefeller and J.P. Morgan.

American small businesses needn't go extinct.

ClubOrlov Mon 2009-10-12 09:53 EDT

Marketing in a Small Town - Interview No. 3

Dmitry Davydov runs a popular Russian-language blog. Periodically we correspond, and publish the correspondence...I do not know whether the coming age will be Dark Age, but I am sure that it will be rather dim. After all, the art of lying has displaced a lot of useful knowledge.

3; ClubOrlov; interview; Market; small towns.