The assumption being that growth will continue in China at 7.5%. Change it, above!
Linchpin: Are You Indispensable? Part VII
(III) Workers are interchangeable, therefore we should strive to be linchpins, irreplaceable within the work force.
Suppliers Dilemma for Workers
People have been burying their genius, or misallocating themselves in order to fit a round-peg into a square hole. By not being innovative, these labourers have limited bargaining power against the suppliers which Seth Godin refers to as the PERL (Percentage of Easily Replaced Laborers). These people are easily replaced, yes, but that is exactly what management wants if their short-term goal is to restrict costs, and drive wages down.
The linchpin is between management and labourers. It is now easier to find people in self-organized online systems. Godin believes that we can all create our own factories…Karl Marx and Adam Smith both agreed that there are management and labour; management owned the machines, and labourers followed the rules. Godin believes that the 3rd group is called the linchpin between management and labourers. They are creating new products more effectively, creating new ways to express themselves. 3D printing is an area where new growth may be developing in the near future. Realistically, the linchpin is not likely to be between management and labourers. Godin is basically talking about entrepreneurial people within an organisation.
The Power Of Google + Government Intervention
Although this “analysis” is biased, (towards an obviously frustrated competitor site called Foundem.co.uk) there are some interesting points being made about the manipulation of the search engine results in order to place Google’s interests ahead of their competitors.
Margaret Thatcher on Economic Recovery
On Economic Recovery
Economic growth was noticeable by mid-1982. There was marked success against inflation during this period. Thatcher does not believe that the level of unemployment was related to the extent of trade union powers. The unions had priced many of their members out of jobs by demanding excessive wages for insufficient output, so making British goods uncompetitive. Thatcher does not like the way trade union leaders lie to their members and manipulate information about her government. Thatcher was pushing to reduce their influence by legislating open ballots for industrial striking for example. It is much easier to prepare for an election in government because you have access to all information and statistical data that would help shape the appropriate policies.