Postcapitalism, Author: Paul Mason.
By Paul Mason – Postcapitalism is possible because of three major changes information technology has brought about in the past 25 years.
First, it has reduced the need for work, blurred the edges between work and free time and loosened the relationship between work and wages. The coming wave of automation, currently stalled because our social infrastructure cannot bear the consequences, will hugely diminish the amount of work needed – not just to subsist but to provide a decent life for all.
Second, information is corroding the market’s ability to form prices correctly. That is because markets are based on scarcity while information is abundant. The system’s defense mechanism is to form monopolies – the giant tech companies – on a scale not seen in the past 200 years, yet they cannot last. By building business models and share valuations based on the capture and privatization of all socially produced information, such firms are constructing a fragile corporate edifice at odds with the most basic need of humanity, which is to use ideas freely.
Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organizations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. more> http://tinyurl.com/pvdnx8t
Posted in Book review, Broadband, Business, Economic development, Economy, Education, History, Leadership, Media, Net, Regulations, Technology, telecom
Tagged Broadband, Business improvement, Capital, Industrial economy, Jobs, Organization, Regulations, Super regions
By Tom Shoop – The expert panel listed seven conditions necessary to institutionalize program management as a discipline in government:
- An integrated approach to the development of government-wide program management policy and oversight of agency implementation.
- Agency leadership support for program management.
- Integration of program management into strategic planning, goal-setting and performance improvement processes.
- Clearly established roles and responsibilities of agency executives and stakeholders in program management processes.
- A strong, senior-level program management organization in agencies.
- A government-wide job series for program managers that spans business functions with a career path that extends into the senior career executive management ranks.
- An organization bringing together senior program management officials from across the government to advise on government-wide policy, share leading practices, and oversee the development of expert program management resources.
“Successful adoption of program management would enable the government to more consistently and efficiently achieve public purposes, save taxpayer dollars, enhance service delivery, and perhaps most importantly, rebuild public trust,” the report concluded. more> http://tinyurl.com/nen82tu
Posted in CONGRESS WATCH, Economic development, Economy, Leadership, Regulations
Tagged Business improvement, Congress Watch, Government, Leadership, Organization, Program management, United States
By Stephen Moore – The story is simple:
Over the past seven years American companies have become hyper- and even ruthlessly efficient, which has meant shedding unproductive operations and reducing employment, cutting debt burdens, and focusing on profitability.
It’s the reason the stock market has soared since 2008. Companies are now sitting on $1 trillion to $2 trillion of reserve cash, according to The Wall Street Journal, and balance sheets are generally pristine. Households have cut their debt, too.
We have here a tale of two economies. At a time when private-sector debt burdens have flattened out and even fallen, the government debt has soared frighteningly from $8 trillion to $16 trillion.
If there is a fundamental structural weakness in the economy holding back growth, this is it. more> http://tinyurl.com/poasxrf