law in most countries unless you get to sucessfully practice on your own or as a partner of a firm doesnt pay well. Banking/finance is similar to a lesser extent with few good positions open compared to the talent pool.
AI tutors can work around student engagement, mostly by making tedious theoretical memorization into small practical problems, trivias, "hand in hand" learning and active recall keeping the average student focused for more time
Gini coefficient tell less valuable information than say total poverty rate, but a high gini coefficient can be an indicator of concentration of power in the "elites"
Its common knowledge that you should have around 50% of your assets in fixed income generating assets by the time your retire to not be forced to liquidate stocks in a downturn.
downturns are more due to the different timescale between investments and business cycles / market saturation. Current Market returns are due to previous allocated capital, investor chase past results hoping the trends continues, but market saturation or other shocks happens, scaring investor who rush to liquidate their positions, cratering the prices. Companies to keep certain profitability levels in the short term cut costs to the extreme, slowing growth/expansion and laying off workforce. IMHO to contain bubbles and busts, a lot more business/market data should be aviable to make informed investment decisions and make long term investment fiscally advantageous compared to shorter holdings
So the incumbent "nobility" dont have to fear challenges to the status quo from the business arena. Circle back a minute fraction of such taxes to the common folks to keep consensus
Front-office jobs will be kept local, but expensive / labour intensive backoffices will be moved to cheaper places.
Right now Eastern Europe due to bilingualism is a Hub for this: Poland, Czechia, Romania, Albania.
India will become appealing when most European business jargons will be english first. Already happens in Software dev, Marketing, Product design, even Legal / compliance, etc...
China has eaten European manufacturing, India will eat most of Europe Service jobs through remote positions. Europe will be saddled with debts, looking like a disfunctional Argentina squabbling about populist socialist /nationalist talking points.
Work Alienation is the byproduct of a mass-society and standardization/ commodification of goods & Services. Nobody gives a damn about your personal injections in your work bcs your work is fungible by design. Its mostly about being cheap and fast. On other ways very few would pay at scale premiums for "personalized" work.
Such things are even more pronuncied in communist societies where efficiency, political ortodoxy, collective needs are placed well above personal social needs.
1. we dont have a couple of decades of runaway decline for most if not all countries. Even USA Social Security will be bankrupt by 2030s
2. People dont want to keep working till death while their parents enjoyed "UBI" in their golden years. Over 45s being the voting block of most countries will continue the Pension scheme bonanza till collapse
China health care system is based on their single offsprings, that will be forced to shift hours from working/consuming to taking care of their elderly + offsprings.
8 Grandparents, 4 parents to take care on 2 working adults + 1 or more childrens. UnSustainable
The "reasonable" way of handling such situations would be to notify suspects that they are in a watchlist for "terrorist threat" and listing maybe inside a police station what punishment the risk by "acting".
in italy we often use as aggravation to senteces "futile reasons" to encompass a vast umbrella of reasons. "hate crime" alone is easily gameable term. Otherwise we would need to put all the leftists in prison for they hate towards the wealthy
capitalism is about accountability and trust at scale compared to previous systems that worked on connections that didnt scale well across classes / countries / cultures. Bankruptcy, is probably the best idea came out capitalism.
Competition between humans can turn ugly wheter on economic or political fields and "common folks" do ends up as collateral victims. Thats unchecked human nature
striking workers usually would occupy factories, property they had no right to "seize". If workers quit / stopped showing on mass, nobody would have done anything
co-ops existed well before industrialization, as guilds of artisans. Guilds were quite protective of their markets and IPs. You had to inherit the menbership or pay a hefty sum to enter the guilds.
growth can also mean efficiency increase, not only "expansion". I rember that Japan is the most efficient society in its use of inputs at around 20%. there is enormous space for growth
Indipendent journalists, micro teams publications (<10 people) of hard hitting investigative journalism on topics that go viral on social media to reach millions of potential customers
there is no economy in Antartica besides resource extraction, which is banned. Instead a space economy (logistics, tourism, manufacturing, research) its on the rise. No selfsufficient space colonies in the next 50 years for sure
yeah, making the cost of researh, patentably discovery negligible could kill the whole patent industry, an enourmous bottleneck to application of research and lower compound effects of discovery built on precedent discoveries. Case in point E-ink technology, still extremely expensive due to corporate choices that favoured "milking" over "scaling".
in italy ambulances are mostly run by ngo-like red cross organization: the building is leased for free by the township, the ambulances are donated by local car dealers or by local fundraising, 80% of the workforce are volunteers. they are free to end users. Still there are private ambulances for specific services but are reasonable priced
universities for working class folks need to be a place to learn employable meta-skills. College enviroment being a space for personal growth, leisure, socialization is more of elitist legacy of a begone era where companies would train you from zero and most of students didnt really need to sell their labour to make a living (why unpaid interships exist).
human capitals in these countries is not distribuited the same as in the western world or even most of asia. Thats reality under the luxury belief that anybody can be "integrated"