We all need to learn lessons for the long run
Agreed, there is a saying that goes "Those who do not learn history are doomed to repeat it."Instead of finger pointing, countries should most definitely be trying to learn as much as possible in order to prepare for the next pandemic, as it has been said this is very likely not the last.
More urgently, a good dose of humility and self-reflection might allow for greater international cooperation in this ongoing crisis.
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In turn, this threatens both user privacy and collective security, even if all parties to the sharing are in compliance with data protection laws.
Before sharing info, there should definitely be a closer look at protection standards for both small and large companies!
In August 2018, Andrea Nahles, leader of the Social Democratic Party of Germany, advocated for legislation that would require digital companies above a certain size to share a representative slice of their user data with the public. The sharing, she argued, would open new opportunities for smaller companies, reducing inequalities and fostering growth.31A few months earlier, The Economist had called for a slightly different scheme,32 suggesting that tech market leaders should give access to some of their user data to competi-tors in exchange for a fee.
it's interesting to see this difference in opinion as to what should be done
Federal Title IV grants and loans accounted for 71 percent of revenue at for-profit colleges
When I read "for profit" institutions I immediately think of ITT Tech and how it came under fire for questionable practices--as may of their students fell under crippling debt.
I think a question we should be asking is whether or not these "for profit"institutions should exist--these institutions' goal is to make revenue and would therefore have little incentive to provide anything else other than the programs they offer. They are however, able to offer flexibility that perhaps a "normal" (non-profit) 2-tear/4-year can't offer (night classes/or online classes) to people who work in the day; there may be some "non-profits" who can also offer this, but it is often at a very limited basis. After doing a quick google search, it seems as though many of these "for profit" schools are focused on trades, offering programs in automotive, nursing, etc.(there is also K-12 "for profit" education"). What would happen if these "for profit" institutions that are backed by private corporations and investors were instead backed by federal/state funding? Of course, that'd be a whole other discussion/debate and possible policy brief--but just a thought! Also it can be argued that even "non-profit" colleges/universities can be seen as "for profit" as they are often run as businesses (offer services, advertisement etc) and there is a reliance on tuition etc. to help pay for facilities, professors, etc. Key factors that differentiate these institutions from the "for-profits" is that they offer a space to create networks/socialize and at times produce knowledge/research that is shared with the world.
We found that the gender earnings gap greatly increases with time since attainment of an MBA, so that 12 to 15 years after earning an MBA women earn just 57 percent as much as men. Even after correcting for MBA courses taken (some spe-cialties pay more) and grades, the figure is still 64 percent, although it is about 95 per-cent at the start of their careers.
this is an interesting find, going from a 5 percent pay difference to a 36-43 percent difference is astonishing
temporal flexibility
It is defined as "the variation in the numbers of hours worked and the timing of the work" examples include: flexitime, overtime, shiftworking, zero-hours contracts, compressed working week, seasonal-hours contracts, and annual-hours contracts
malcontent
"a person who is dissatisfied and rebellious" ; a troublemaker
eBay, itarrived in Amazon’s signature packaging,
😱 😱 😱
It's incredible to see how far Amazon's hand/influence is able to reach! I've always envisions Ebay as a platform in which sellers would go to the Post Office/Fedex/UPS themselves to ship whatever it is they are selling.
an Amazon lawyer, Nate Sutton, testified before the same committee that the company did not use any specific seller data
A company lawyer can confirm but the CEO, the very person running the company can't?
I guess Bezos is just being careful, I suppose there may be the possibility that this could be done without his knowledge...
we have a policy against using seller-specific data to aid our private-label business,” Bezos replied. “But I can’t guarantee you that policy has never been violated.
Is there anyone constantly overlooking and in charge of reinforcing this policy?? If I were a seller on Amazon, this is something I would want to be sure that Amazon is keeping their word on---Bezos "maybe, maybe not" answer should be alarming.
behemoths
means: "something enormous, especially a big and powerful organization" but can also mean "a huge or monstrous creature" ; the latter would illustrate these corporations as evil, and able to cause destruction
Too often governmentintervention reinforces monopolies.
This an interesting claim to make, what would be an example of this?
invested heavily in public education, public health 1.11·1·, :ind public pensions
How would it compare to what is being spent today?
inequalities of health.
For example, in our current situation with COVID, testing is more accessible to wealthier communities vs lower income communities.
expense of the futu re
the thought of short term vs long-term
antitrust laws
What are economists today saying about what is going on with Google, Apple, Amazon, and Facebook?
technocrats
definition: "advocate of technocracy (the government or control of society or industry by an elite of technical experts); a member of a technically skilled elite.
clearing the way for global-ization
For whose benefit? E.G NAFTA in '94 hurt the business of many corn growers in México, as they could not compete with the lower priced corn that was being imported from the U.S.