remote working

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pages: 361 words: 76,849

The Year Without Pants: and the Future of Work by Scott Berkun


barriers to entry, blue-collar work, Broken windows theory,, Firefox, future of work, Google Hangouts, Jane Jacobs, job satisfaction, Lean Startup, lone genius, Mark Zuckerberg, minimum viable product, remote working, Results Only Work Environment, Richard Stallman, Seaside, Florida, side project, Silicon Valley, six sigma, Skype, stealth mode startup, Steve Jobs, The Death and Life of Great American Cities, the map is not the territory, Tony Hsieh, trade route, zero-sum game

It violates the bright yellow line that we pretend exists between work and home, a line shattered by laptops and mobile e-mail years ago. As I pointed out earlier in the book, remote work, and many other perks Automattic used, will work or fail because of company culture, not because of the perk itself. Since by now you know how my team functioned, in this chapter I'll explore the general challenges with working distributedly and without e-mail. I'm certain of the following: Self-motivated people thrive when granted independence. Managers who want better performance must provide what their staff needs. Remote work is a kind of trust, and trust works two ways. Recently Yahoo CEO Marissa Mayer banned remote work from her company, claiming it made people less productive.1 She might have been right: in her company, people may have abused the trust that remote work grants employees. Some employees abuse free office supplies from the copy room.

Once you have two or three like-minded people, a culture forms that attracts more people with similar values and repels those that don't. Remote work is merely physical independence, and the biggest challenge people who work remotely face is managing their own psychology. Since they have more independence, they need to be masters of their own habits to be productive, whether it's avoiding distractions, staying disciplined on projects, or even replacing the social life that comes from conventional work with other friendships. The hire-by-trial approach Automattic uses filters out people not suited for remote work for whatever reason. It's fair to say many talented people aren't suited to remote work, but many are. While few established companies can choose to become completely distributed, the distribution of Automattic, among its other interesting attributes, begs the question: What assumptions do you have about your organization that hurt you?

The more I tried to find out this sort of information, the more I changed what I observed. It was the Heisenberg uncertainty principle applied to remote work. If I Skyped someone to say, “How are you doing?” and he said, “Fine,” and then I said, “No, really, how is everything?” even if he volunteered more, it'd be an answer I forced, different in nature from something I observed by being around them. Automatticians had to know themselves well and be outgoing online. Many were. They couldn't depend on coworkers' catching their mood or a boss recognizing something different in their behavior unless it was visible in how they expressed themselves through the narrower, text-dominant channels of remote work. Some of this might not matter or might be a boon. A coworker with body odor or who plays music too loud while working are things I was glad not to have to deal with.

pages: 426 words: 105,423

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss


Albert Einstein, Amazon Mechanical Turk, call centre, clean water, Donald Trump,, Firefox, fixed income, follow your passion, game design, global village, Iridium satellite, knowledge worker, late fees, Maui Hawaii, oil shock, paper trading, Parkinson's law, passive income, peer-to-peer, pre–internet, Ralph Waldo Emerson, remote working, Richard Feynman, risk tolerance, Ronald Reagan, side project, Silicon Valley, Silicon Valley startup, Skype, Steve Jobs, Vilfredo Pareto, wage slave, William of Occam

Also, very helpful to give baby something to sip or munch on during take off and landing so yours isn’t the baby screaming from ear pain. Happy travels! —KARYL PRE-EMPTING THE BOSS: COMMON CONCERNS ABOUT REMOTE WORK In the linked article, Cisco acknowledges that remote work arrangements are “here to stay” yet lists a set of security issues. It makes sense to preemptively research solutions so that you are armed and ready if your employer raises these concerns. —Contributed by RAINA 58. If you’re an entrepreneur, don’t skip this chapter. This introduction to remote working tools and tactics is integral to the international pieces of the puzzle that follow. 59. This verb is used by Japanese women as well, even though female workers are referred to as “OL”—office ladies. 60.

Step 3: Prepare the Quantifiable Business Benefit Third, Sherwood creates a bullet-point list of how much more he achieved outside the office with explanations. He realizes that he needs to present remote working as a good business decision and not a personal perk. The quantifiable end result was three more designs per day than his usual average and three total hours of additional billable client time. For explanations, he identifies removal of commute and fewer distractions from office noise. Step 4: Propose a Revocable Trial Period Fourth, fresh off completing the comfort challenges from previous chapters, Sherwood confidently proposes an innocent one-day-per-week remote work trial period for two weeks. He plans a script in advance but does not make it a PowerPoint presentation or otherwise give it the appearance of something serious or irreversible.61 Sherwood knocks on his boss’s office door around 3 P.M. on a relatively relaxed Thursday, July 27, the week after his absence, and his script looks like the following.

This expanded and updated edition contains more than 100 pages of new content, including the latest cutting-edge technologies, field-tested resources, and—most important—real-world success stories chosen from more than 400 pages of case studies submitted by readers. Families and students? CEOs and professional vagabonds? Take your pick. There should be someone whose results you can duplicate. Need a template to negotiate remote work, a paid year in Argentina, perhaps? This time, it’s in here. The Experiments in Lifestyle Design blog ( was launched alongside the book, and within six months, it became one of the top 1,000 blogs in the world, out of more than 120 million. Thousands of readers have shared their own amazing tools and tricks, producing phenomenal and unexpected results. The blog became the laboratory I’d always wanted, and I encourage you to join us there.

pages: 288 words: 66,996

Travel While You Work: The Ultimate Guide to Running a Business From Anywhere by Mish Slade


Airbnb, Atul Gawande, business process, Checklist Manifesto, cloud computing, crowdsourcing, Firefox, Google Chrome, Google Hangouts, Inbox Zero, job automation, Lyft, remote working, side project, Skype, speech recognition, turn-by-turn navigation

The women (and a few men) looking for jobs on the site often prefer to work from home so that they can be there for their children. From what we've seen, they have a wealth of experience in their particular industry but had to step off the corporate ladder when having kids – and now they're extremely keen to have a part-time or full-time remote job doing something they love. A similar website in the US is Hire My Mom ( Specialised "remote work" job boards are currently most useful if you're looking for techie or customer-support-related employees or contractors (although there are a few other jobs on there too). When more companies start to become remote, this will change. In the meantime, it's well worth posting a job if you have an opening for something like a programmer or designer – or if you're looking to fill a helpdesk role.

Nothing screamed "start up" to me like interviewing me on the street and then getting set up to help out that day. What sort of person do you need to be if you want to work well in a distributed team? This is a toughie! To be completely honest, I don't think that you have to be anything in order to work well in a distributed team. I think there are some things that you have to learn to be, which is an important distinction. I wasn't a natural at remote work at first. I went a bit crazy with the lack of interpersonal interaction in the first few weeks. (We now have tons of video chats but in those days we didn't. We might have one video chat a day, and without any roommates or pets, I sometimes didn't speak unless I went out of the house. I quickly became a regular at the local coffee shops! All that to say, I think anyone can work on and learn to be a great, happy, productive remote worker.

The other one that comes to mind is: set up all of your 2-factor authentication* either though Authy (, Google Authenticator (, or with a Google Voice ( (or similar) phone number. I had my US phone number saved for 2-factor auth for a few sites, and that slowed me down a bit while traveling. Good lesson to learn! "How I learned to balance work, family, and life through remote work": The highs and lows of 11 cities in 3 months: *[Two-factor authentication is a simple security feature that requires both "something you know" (like a password) and "something you have" (like your phone). For example, if you enable two-factor authentication on your Google account, you'll have to enter your password as usual, and then you'll be asked for a verification code that will be sent to your phone via text, voice call, or the Google mobile app.

pages: 168 words: 50,647

The End of Jobs: Money, Meaning and Freedom Without the 9-To-5 by Taylor Pearson


Airbnb, barriers to entry, Black Swan, call centre, cloud computing, commoditize, creative destruction, David Heinemeier Hansson, Elon Musk,, Frederick Winslow Taylor, future of work, Google Hangouts, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, loss aversion, low skilled workers, Lyft, Marc Andreessen, Mark Zuckerberg, market fragmentation, means of production, Oculus Rift, passive income, passive investing, Peter Thiel, remote working, Ronald Reagan: Tear down this wall, sharing economy, side project, Silicon Valley, Skype, software as a service, software is eating the world, Startup school, Steve Jobs, Steve Wozniak, Stewart Brand, telemarketer, Thomas Malthus, Uber and Lyft, unpaid internship, Watson beat the top human players on Jeopardy!, web application, Whole Earth Catalog Whether on an individual level or a societal level, as we have more and more access to resources, we have to choose what to do with them. It’s clear that one of the ways we choose to allocate that wealth is towards a greater expression of freedom. It’s common for people to take significant salary cuts to move into flexible or remote work arrangements. Presented with a clear cut case between more money and more freedom, they opt for more freedom. I spent two years working with a small entrepreneurial company starting in a position that, at the time, meant a 50% pay cut, and a demotion from project management to grunt work. When I told my former boss I was leaving, he came back the next day and said he wanted to make me a counter offer, including a raise.

I’ve seen hundreds of applications come from highly educated, affluent individuals fighting for an opportunity to dump their six-figure corporate salary for an entry level one that dramatically cuts their salary, but gives them more freedom and meaning in their work. The Silent Revolution of the 20th Century Over time, as the West has advanced and more wealth has been created, more and more people have claimed that wealth in the form of freedom. Remote working may be the latest incarnation, but it’s certainly not the first. Martin Luther led the Protestant Revolution, which gave substantially more freedom to Christians compared to the Catholic Church. The freedom to interpret religious scripture was no longer left to a single man, but distributed to individuals. The founding fathers of the U.S.—Jefferson, Franklin, and Washington, among others—led the American Revolution, creating the first republic government in the Modern West.

Deep Work: Rules for Focused Success in a Distracted World by Cal Newport


8-hour work day, Albert Einstein, barriers to entry, business climate, Cal Newport, Capital in the Twenty-First Century by Thomas Piketty, Clayton Christensen, David Brooks, David Heinemeier Hansson, deliberate practice, Donald Knuth, Donald Trump, Downton Abbey,, Erik Brynjolfsson, experimental subject, follow your passion, Frank Gehry, informal economy, information retrieval, Internet Archive, Jaron Lanier, knowledge worker, Mark Zuckerberg, Marshall McLuhan, Merlin Mann, Nate Silver, new economy, Nicholas Carr, popular electronics, remote working, Richard Feynman, Richard Feynman, Ruby on Rails, Silicon Valley, Silicon Valley startup, Snapchat, statistical model, the medium is the message, Watson beat the top human players on Jeopardy!, web application, winner-take-all economy, zero-sum game

“Our technologies are racing ahead but many of our skills and organizations are lagging behind.” For many workers, this lag predicts bad news. As intelligent machines improve, and the gap between machine and human abilities shrinks, employers are becoming increasingly likely to hire “new machines” instead of “new people.” And when only a human will do, improvements in communications and collaboration technology are making remote work easier than ever before, motivating companies to outsource key roles to stars—leaving the local talent pool underemployed. This reality is not, however, universally grim. As Brynjolfsson and McAfee emphasize, this Great Restructuring is not driving down all jobs but is instead dividing them. Though an increasing number of people will lose in this new economy as their skill becomes automatable or easily outsourced, there are others who will not only survive, but thrive—becoming more valued (and therefore more rewarded) than before.

The fact that Hansson might be working remotely from Marbella, Spain, while your office is in Des Moines, Iowa, doesn’t matter to your company, as advances in communication and collaboration technology make the process near seamless. (This reality does matter, however, to the less-skilled local programmers living in Des Moines and in need of a steady paycheck.) This same trend holds for the growing number of fields where technology makes productive remote work possible—consulting, marketing, writing, design, and so on. Once the talent market is made universally accessible, those at the peak of the market thrive while the rest suffer. In a seminal 1981 paper, the economist Sherwin Rosen worked out the mathematics behind these “winner-take-all” markets. One of his key insights was to explicitly model talent—labeled, innocuously, with the variable q in his formulas—as a factor with “imperfect substitution,” which Rosen explains as follows: “Hearing a succession of mediocre singers does not add up to a single outstanding performance.”

pages: 336 words: 88,320

Being Geek: The Software Developer's Career Handbook by Michael Lopp


finite state, game design, job satisfaction, John Gruber, knowledge worker, remote working, rolodex, Silicon Valley, Silicon Valley startup, Skype, sorting algorithm, web application

, The Sanity Check, Negotiating Roles, Spend an Hour a Day on Each Req You Have cold calls from, The Itch hiring process, Spend an Hour a Day on Each Req You Have phone screening process with, The Sanity Check salary negotiations and, Negotiating Roles relationships, Your People, Big Fat Toxic Assumptions, No one knows what we actually do to build the software, so they assume it's easy, No one knows what we actually do to build the software, so they assume it's easy, A Matter of Perspective bits vs. human beings, No one knows what we actually do to build the software, so they assume it's easy changes when team members leave, A Matter of Perspective toxic coworkers, Big Fat Toxic Assumptions Your People, Your People reliability, as remote working skill, Are they self-directed? remote, working, The Pond repetition in game play, Discovery: From Confusion to Control repetitive motion, removing, My Tools Do Not Care Where My Work Is reputation, Delivery, Wanderlust, On Excuses, Question #2: Industry and Brand, Question #2: Industry and Brand company, and career moves, Question #2: Industry and Brand hits to, On Excuses low priority work and, Wanderlust maintenance of, Delivery requisitions for hiring (reqs), Wanted research, prior to phone screens, The Sanity Check resignation of team members, Mind the Gap respect for management, A Hint of an Insane Plan response to fuckups, Management Transformations, The Prioritizer, The Randomizer, The Illuminator, The Illuminator, The Enemy Enemy, The Enemy Illuminator, The Illuminator Interrogator, Management Transformations Prioritizer, The Prioritizer Randomizer, The Randomizer responsibility for issues, Partial Information resumés, during phone screens, Stalk Your Future Job Reveal, the, The Reveal revenge, and the Screw-Me scenario, You Might Be Lying reviews, yearly, No Surprises Rolodex and work relationships, Who are you leaving behind?

pages: 352 words: 104,411

Rush Hour by Iain Gately


Albert Einstein, autonomous vehicles, Beeching cuts, blue-collar work, British Empire, business intelligence, business process, business process outsourcing, call centre, car-free, Cesare Marchetti: Marchetti’s constant, Clapham omnibus, cognitive dissonance, congestion charging, connected car, corporate raider, DARPA: Urban Challenge, Dean Kamen, decarbonisation, Deng Xiaoping, Detroit bankruptcy, don't be evil, Elon Musk, extreme commuting, Google bus, Henri Poincaré, Hyperloop, Jeff Bezos, low skilled workers, Marchetti’s constant, postnationalism / post nation state, Ralph Waldo Emerson, remote working, self-driving car, Silicon Valley, stakhanovite, Steve Jobs, telepresence, Tesla Model S, urban planning, éminence grise

Twitter, for instance, defines its homeworking policy as a second best. According to a spokesperson, ‘we believe there are significant tangible and intangible benefits when employees are working under the same roof. We also recognize that every so often it’s important to be able to work remotely, and we allow for that flexibility.’ Google, meanwhile, seems not to want to encourage its employees to work from home. CFO Patrick Pichette knocked remote working on the head in a February 2013 speech: ‘The surprising question we get is: “How many people telecommute at Google?” And our answer is: “As few as possible”’. In Pichette’s opinion, employees would both stunt their creativity and miss the wonder of sharing if they stayed at home: ‘There is something magical about spending the time together, about noodling on ideas… These are [the] magical moments that we think at Google are immensely important in the development of your company, of your own personal development and [of] building much stronger communities.’

*2 One lakh is a South Asian numerical unit equivalent to 100,000. *3 Reddit is an entertainment, social-networking and news service. CHAPTER XIV All Change Democratic nations care but little for what has been, but are haunted by visions of what will be; in this direction, their unbounded imagination grows and dilates beyond all measure. Alexis de Tocqueville Democracy in America, 1835 If even the tech industry, which has made remote working a possibility instead of a dream, is insisting its workers are physically present on corporate premises, it seems there is little chance of commuting vanishing in the near or distant future. Even in the absence of compulsion, there are good reasons to expect it to persist. It empowers people to separate their work and home lives, and both require face time to function. Unless and until we evolve into creatures that have no such needs, and have erased the desires to hunt and gather from our nature, there will be a Clapham omnibus, or its latter-day equivalent, ferrying people between their places of labour and rest.

pages: 209 words: 89,619

The Precariat: The New Dangerous Class by Guy Standing


8-hour work day, banking crisis, barriers to entry, basic income, Bertrand Russell: In Praise of Idleness, call centre, Cass Sunstein, centre right, collective bargaining, corporate governance, crony capitalism, deindustrialization, deskilling, fear of failure, full employment, hiring and firing, Honoré de Balzac, housing crisis, illegal immigration, immigration reform, income inequality, labour market flexibility, labour mobility, land reform, libertarian paternalism, low skilled workers, lump of labour, marginal employment, Mark Zuckerberg, mass immigration, means of production, mini-job, moral hazard, Naomi Klein, nudge unit, old age dependency ratio, pensions crisis, placebo effect, post-industrial society, precariat, presumed consent, quantitative easing, remote working, rent-seeking, Richard Thaler, rising living standards, Ronald Coase, Ronald Reagan, science of happiness, shareholder value, Silicon Valley, The Market for Lemons, The Nature of the Firm, The Spirit Level, Tobin tax, transaction costs, universal basic income, unpaid internship, winner-take-all economy, working poor, working-age population, young professional

In the United States, a law passed in 2000 obliged federal government and its agencies to establish networking policies. By 2006, 140,000 federal employees, 19 per cent, were doing jobs from alternative worksites. This is precariatisation, isolating employees and limiting their space and opportunity for collective action. In 2009, 24,000 Spanish civil servants – 10 per cent of the total – were labouring partly from home, on condition that they had to come to the office for 50 per cent of their labour time. Remote working has also been introduced in Italy, where the public sector is notorious for absenteeism. An innovator in the United Kingdom was Winchester City Council, which consolidated its four office locations into two and installed a web-based booking system to let employees reserve desk space or meeting rooms as they saw fit. This ‘hot desking’ is depersonalising the office, since it is no longer ‘my office’.

(Maltby) 138 Canada 79, 114 capital funds 176–7 Capitalism and Freedom (Friedman) 156 care work 61, 86, 125–6 careers, leisure 129 cash transfers 177 see also conditional cash transfers (CCTs) CCTs (conditional cash transfer schemes) 140 Cerasa, Claudio 149 Channel 4, call centre programme (UK) 16 charities 53 children, care for 125 China 28 and contractualisation 37 criminalisation 88 deliberative democracy 181 education 73 immigrants to Italy 4–5 invasion of privacy 135 migrants 96, 106–9, 109–10 old agers 83 191 192 INDEX China 28 (Continued) Shenzhen 133, 137 and time 115 wages 43 youth 76 see also Chindia China Plus One 28 Chindia 26, 27–9, 83 see also China Chrysler Group LLC 43 circulants 90, 92 Citizens United vs Federal Election Commission (US) 152–3 civil rights 14, 94 class, social 6–8, 66–7 Coase, Ronald 29 Cohen, Daniel 57, 66, 69 collaborative bargaining 168 collective attention deficit syndrome 127 commodification of companies 29–31 of education 67–72 and globalisation 26 labour 161–2 of management 40 of politics 148–53 re- 41–2 conditional cash transfers (CCTs) 140 see also cash transfers conditionality 140, 175 and basic income 172–3 and workfare 143–5, 166–7 connectivity, and youth 127 contract status 35, 36, 37, 44, 51, 61 contractors, independent/ dependent 15–16 contractualisation 37 counselling for stress 126 Crawford, Matthew 70 credit 44 crime 5, 129–30 criminalisation 14, 145, 146 crystallised intelligence 85 cultural rights 14 de Tocqueville, Alexis 145 de-industrialisation 5, 37–8 debt, and youth 73–4 Delfanti, Alessandro 78 deliberative democracy 180–1, 182 denizens 14, 93–102, 105, 113, 117, 157–8 Denmark 150 dependent/independent contractors 15–16 deskilling 17, 33, 40, 124 developing countries 12, 27, 60, 65, 105–9 disabled people 86–7, 89, 170 discrimination age 84–5 disability 81 gender 60, 123 genetic profiling 136–7 and migrants 99, 101–2 disengagement, political 24 distance working 38, 53 dole (UK) 45 Duncan Smith, Iain 143 Durkeim, Emile 20 economic security 157, 171, 173–6 The Economist 17–18, 33, 52, 137 economy, shadow 56–7 education 10, 67–73, 135–6, 159–60 Ehrenreich, Barbara 21, 170–1 elites 7, 22, 24, 40, 50 criminality 152 and democracy 181 ethics 165 Italian 148 and the Tea Party (US) 151 empathy 22–3, 137 employment agencies 33 employment security 10b, 11, 17, 36, 51, 117 Endarkenment 70 Enlightenment 24, 70 enterprise benefits 11, 12 environmental issues 167 environmental refugees 93 Esping-Andersen, G. 41 ethics 23–4, 121–2, 165 ethnic minorities 86 EuroMayDay 1, 2, 3, 167 European Union (EU) 2, 39, 146, 147 and migrants 97, 103, 105 and pensions 80 see also individual countries export processing zones 105–6 Facebook 127, 134, 135 failed occupationality 21 INDEX family 27, 44, 60, 65, 126 fear, used for control 32 fictitious decommodification 41 financial capital 171, 176–7 financial sector jobs 39–40 financial shock 2008-9 see Great Recession Financial Times 44, 55, 121, 155 firing workers 31–2 Fishkin, James 180 Fletcher, Bill 170–1 flexibility 18 labour 23–4, 31–6, 53, 60, 61, 65 labour market 6, 120–1, 170 Ford Motor Company 42, 43 Foucault, Michel 88, 133 Foxconn 28–9, 43, 105, 137 see also Shenzhen France criminalisation 88 de-industrialisation 38 education 69 leisure 129 migrants 95, 97, 101–2, 114 neo-fascism 149 and old agers 85 pensions 79 shadow economy 56 Telecom 11 youth 65–6 fraternity 12, 22, 155 freedom 155, 167–70, 172 freelance see temporary employment freeter unions 9 Friedman, Milton 39, 156 functional flexibility 36–8, 52 furloughs 36, 50 gays 63–4 General Motors (GM) 42, 43, 54 genetic profiling 136 Germany 9 de-industrialisation 38 disengagement with jobs 24 migrants 91, 95, 100–1, 114 pensions 79 shadow economy 56 temporary employment 15, 35 wages 40 and women 62 youth and apprenticeships 72–3 193 Glen Beck’s Common Sense (Beck) 151 Global Transformation 26, 27–31, 91, 115 globalisation 5–7, 27–31, 116, 148 and commodification 26 and criminalisation 87–8 and temporary employment 34 Google Street View 134 Gorz, Andre 7 grants, leisure 180–2 Great Recession 4, 49–51, 63, 176 and education 71 and migrants 102 and old agers 82 and pensions 80 and youth 77–8 Greece 52, 56, 117, 181 grinners/groaners 59, 83–4 Habermas, Jürgen 179 Haidt, J. 23 Hamburg (Germany) 3 happiness 140–1, 162 Hardt, M. 130 Hayek, Friedrich 39 health 51, 70, 120, 126 Hitachi 84 Hobsbawm, Eric 3 hormones 136 hot desking 53 Howker, Ed 65 Human Rights Watch 106 Hungary 149 Hurst, Erik 128 Hyatt Hotels 32 IBM 38, 137 identity 9 digital 134–5 work-based 12, 15–16, 23, 158–9, 163 Ignatieff, Michael 88 illegal migrants 96–8 In Praise of Idleness (Russell) 141, 161 income security 10b, 30, 40, 44 independent/dependent contractors 15–16 India 50, 83, 112, 140 see also Chindia individuality 3, 19, 122 informal status 6–7, 57, 60, 96, 119 inshored/offshored labour 30, 36, 37 194 INDEX International Herald Tribune 21 internet 18, 127, 139, 180, 181 surveillance 134–5, 138 interns 16, 36, 75–6 invasion of privacy 133–5, 167 Ireland 52–3, 77 isolation of workers 38 Italy education 69 neo-fascism 148–9 pensions 79 Prato 4–5 and the public sector 52, 53 shadow economy 56 and temporary employment 34 youth 64 Japan 2, 30 and Chinese migrants 110 commodification of companies 30 and migrants 102, 103 multiple job holding 119–20 neo-fascism 152 pensions 80 salariat 17 subsidies 84 and temporary employment 15, 32–3, 34–5, 41 and youth 66, 74, 76, 77 job security 10b, 11, 36–8 Kellaway, Lucy 83–4 Keynes, John Maynard 161 Kierkegaard, Søren 155 Klein, Naomi 148 knowledge 32, 117, 124–5, 171 labour 13, 115, 161–2 labour brokers 33–4, 49, 110, 111, 167, 168 labour flexibility 23–4, 31–45 labour intensification 119–20 labour market flexibility 6 labour security 10–11, 10b, 31 Laos 112 lay-offs see furloughs Lee Changshik 21 legal knowledge 124–5 legal processing 50 Legal Services Act of 2007 (UK) (Tesco Law) 40 leisure 13, 128–30 see also play lesbians 63–4 Liberal Republic, The 181 Lloyds Banking Group 50–1 localism 181–2 long-term migrants 100–2 loyalty 53, 58, 74–5 McDonald’s 33 McNealy, Scott 69 Malik, Shiv 65 Maltby, Lewis 138 Manafort, Paul 152 management, commodification of 40 Mandelson, Peter, Baron 68 Maroni, Roberto 97 marriage 64–5, 92 Martin, Paul 141 Marx, Karl 161 masculinity, role models for youth 63–5 Massachusetts Institute of Technology 68–9 Mayhew, Les 81 Mead, Lawrence 143 mergers, triangular 30 Mexico 91 Middle East 109 migrants 2, 13–14, 25, 90–3, 145–6 and basic income 172 and conditionality 144 denizens 93–102, 157–8 government organised 109–13 internal 105–9 and queuing systems 103–5 and recession 102–3 Mill, John Stuart 160 Morris, William 160, 161 Morrison, Catriona 127 multinational corporations 28, 92 multitasking 19, 126–7 National Broadband Plan 134 near-sourcing/shoring 36 Negri, A. 130 neo-fascism 25, 147–53, 159, 175, 183 Netherlands 39, 79, 114, 149–50 New Thought Movement 21 New York Times 69, 119 News from Nowhere (Morris) 161 Niemöller, Martin 182 INDEX non-refoulement 93 Nudge (Sunstein/Thaler) 138–9 nudging 138–40, 155–6, 165, 167, 172, 178, 182 numerical flexibility 31–6 Obama, Barack 73, 138–9, 147, 148 Observer, The 20 occupations associations of 169–70 dismantling of 38–40 freedom in 162–4 obsolescence in 124 offshored/inshored labour 30, 36, 37 old agers 59, 79– 86, 89 old-age dependency ratio 80–1 Organisation for Economic Co-operation and Development (OECD) 27 origins of the precariat 1–5 outsourcing 29, 30, 33, 36, 37, 49 Paine, Thomas 173 panopticon society 132–40, 142–3 Parent Motivators (UK) 139–40 part-time employment 15, 35–6, 51, 61, 82 Pasona 33 paternalism 17, 29, 137, 153, 178, 182 nudging 138–40, 155–6, 165, 167, 172, 178, 182 pensions 42, 51, 52, 76–7, 79–81, 84–6 PepsiCo 137 personal deportment skills 123 Philippines 109 Phoenix, University of 71 Pigou, Arthur 117, 125 play 13, 115, 117, 128, 141 pleasure 141 Polanyi, K. 163, 169 political engagement/disengagement 24, 147 Portugal 52, 56 positive thinking 21, 86 Prato (Italy) 4–5 precariat (definition) 6, 7–13 precariato 9 precariatisation 16–18 precarity traps 48–9, 73–5, 114, 129, 144, 178 pride 22 prisoners 112, 146 privacy, invasion of 133–5, 167 private benefits 11 productivity, and old age 85 proficians 7–8, 15, 164 proletariat 7 protectionism 27, 54 public sector 51–4 qualifications 95 queuing systems 103–5 racism 97–8, 101, 114, 149 Randstad 49 re-commodification 41–2 recession see Great Recession refugees 92, 93, 96 regulation 23, 26, 39–40, 84, 171 Reimagining Socialism (Ehrenreich/ Fletcher) 170–1 remote working 38, 53 rentier economies 27, 176 representation security 10b, 31 retirement 42, 80–3 rights 14, 94, 145, 163, 164–5, 169 see also denizens risk management 178 Robin Hood gang 3 role models for youth 63–5 Roma 97, 149 Rossington, John 100 Rothman, David 88 Russell, Bertrand 141, 161 Russell, Lucie 64 Russia 88, 115 salariat 7, 8, 14, 17, 32 Santelli, Rick 150 Sarkozy, Nicolas 69, 97, 149 Sarrazin, Thilo 101 Schachar, Ayelet 177 Schneider, Friedrich 56 Schwarzenegger, Arnold 71 seasonal migrants 98–100 security, economic 157, 171, 173–6 self-employment 15–16, 66, 82 self-esteem 21 self-exploitation 20, 122–3 self-production 11 self-regulation 23, 39 self-service 125 services 37–8, 63 195 196 INDEX Sex, Drugs and Chocolate: The Science of Pleasure (Martin) 141 sex services 63 sexism, reverse 123 shadow economy 56–7, 91 Shenzhen (China) 133, 137 see also Foxconn Shop Class as Soulcraft (Crawford) 70 short-time compensation schemes 55–6 side-jobs 119–20 skill reproduction security 10b skills 157, 176 development of 30, 31, 40 personal deportment 123 tertiary 121–4 Skirbekk, Vegard 85 Smarsh 138 Smile or Die (Ehrenreich) 21 Smith, Adam 71 snowball theory 78 social class 6–8, 66–7 social factory 38, 118, 132 social income 11–12, 40–5, 51, 66 social insurance 22, 104 social memory 12, 23, 129 social mobility 23, 57–8, 175 social networking sites 137 see also Facebook social rights 14 social worth 21 sousveillance 134, 135 South Africa, and migrants 91, 98 South Korea 15, 55, 61, 75 space, public 171, 179–80 Spain BBVA 50 migrants 94 and migrants 102 pensions 79 and the public sector 53 shadow economy 55–6 temporary employment 35 Speenhamland system 55, 143 staffing agencies 33–4, 49, 110, 111, 167, 168 state benefits 11, 12 status 8, 21, 32–3, 94 status discord 10 status frustration 10, 21, 63, 67, 77, 78, 79, 89, 114, 123, 160 stress 19, 126, 141, 141–3 subsidies 44, 54–6, 83–6, 176 suicide, work-related 11, 29, 58, 105 Summers, Larry 148 Sun Microsystems 69 Sunstein, Cass 138–9 surveillance 132–6, 153, 167 see also sousveillance Suzuki, Kensuke 152 Sweden 68, 110–11, 135, 149 symbols 3 Taking of Rome, The (Cerasa) 149 taxes 26 and citizenship 177 France 85 and subsidies 54–5 Tobin 177 United States (US) 180–1 Tea Party movement 150–1 technology and the brain 18 internet 180, 181 surveillance 132–6 teleworking 38 temporary agencies 33–4, 49, 110, 111, 167, 168 temporary employment 14–15, 49 associations for 170 Japan 9 and numerical flexibility 32–6 and old agers 82 and the public sector 51 and youth 65 tertiarisation 37–8 tertiary skill 121–4 tertiary time 116, 119 tertiary workplace 116 Tesco Law (UK) 40 Thailand, migrants 106 Thaler, Richard 138–9 therapy state 141–3, 153 Thompson, E.P. 115 time 115–16, 163, 171, 178 labour intensification 119–20 tertiary 116, 119 use of 38 work-for-labour 120–1 titles of jobs 17–18 Tobin taxes 177 Tomkins, Richard 70 towns, company 137 INDEX toy-factory incident 108–9 trade unions 1, 2, 5, 10b, 26, 31, 168 and migration 91 public sector 51 and youth 77–8 see also yellow unions training 121–4 triangular mergers 30 triangulation 34 Trumka, Richard 78 trust relationships 8–9, 22 Twitter 127 Ukraine 152 undocumented migrants 96–8 unemployment 145 benefits 45–8, 99, 104 insurance for 175 voluntary 122 youth after recession 77 uniforms, to distinguish employment status 32–3 unions freeter 9 yellow 33 see also trade United Kingdom (UK) 102–3 benefit system 173 Channel 4 call centre programme 16 company loyalty 74–5 conditionality 143–5, 166–7 criminalisation 88 de-industrialisation 38 disabled people 170 and education 67, 70, 71 financial shock (2008-9) 49–51, 71 labour intensification 119 Legal Services Act (2007) (Tesco Law) 40 leisure 129 migrants 91, 95, 99, 103–5, 114, 146 neo-fascism 150 paternalism 139–40 pensions 43, 80 and the public sector 53 public spaces 179 and regulation of occupational bodies 39 shadow economy 56 and social mobility 56–8 and subsidies 55 197 temporary employment 15, 34, 35 as a therapy state 142 women 61–2, 162 workplace discipline 138 youth 64, 76 United States (US) care for children 125 criminalisation 88 education 69, 70–1, 73, 135–6 ethnic minorities 86 financial shock (2008-9) 49–50 migrants 90–1, 93, 94, 97, 103, 114 neo-fascism 150–1, 152–3 old agers 82–3, 85 pensions 42, 52, 80 public sector 52 regulation of occupational bodies 39 social mobility in 57–8 subsidies 55, 56 taxes 180–1 temporary employment 34, 35 volunteer work 163 wages and benefits 42 women 62, 63 youth 75, 77 universalism 155, 157, 162, 180 University of the People 69 University of Phoenix 71 unpaid furloughs 36 unpaid leave 50 uptitling 17–18 utilitarianism 88, 132, 141, 154 value of support 11 Vietnam 28, 111–12 voluntary unemployment 122 volunteer work 86, 163–4 voting 146, 147, 181 Wacquant, L. 132 wages 8, 11 and benefits 41–2 family 60 flexibility 40–5, 66 individualised 60 and migrants 103 and temporary workers 32, 33 Vietnam 28 see also basic income Waiting for Superman (documentary) 69 Wall Street Journal 35, 163 198 INDEX Walmart 33, 107 Wandering Tribe 73 Weber, Max 7 welfare claimants 245 welfare systems 44 Wen Jiabao 105 Whitehead, Alfred North 160 Williams, Rob 62 wiretapping 135 women 60–5 and care work 125–6 CCTs (conditional cash transfer schemes) 140 labour commodification 161 and migration 92 multiple jobholding 119–20 reverse sexism 123 work 115, 117, 160–1 and identity 158–9 and labour 13 right to 145, 163, 164–5 security 10b work-for-labour 120–1, 178 work-for-reproduction 124–7 work–life balance 118 worker cooperatives 168–70 workfare 143–5, 166–7 working class 7, 8 workplace 116, 122, 130, 131 discipline 136–8 tertiary 116 Yanukovich, Victor 152 yellow unions 33 youth 59, 65–7, 89, 156 commodification of education 67–72 connectivity 127 and criminality 129–30 generational tension 76–7 and old agers 85 precarity traps 73–5 prospects for the future 78–9 and role models 63–5 streaming education 72–3 zero-hour contracts 36

pages: 336 words: 163,867

How to Diagnose and Fix Everything Electronic by Michael Geier


p-value, popular electronics, remote working

It functions fine with the front-panel buttons, but the remote does nothing. Is the remote working? How can we tell? If only we could see infrared light! Got a camcorder or a digital camera? Those can see infrared. Even though they have filters to block it, some IR light gets through. Point the remote at the lens and hit one of the buttons while looking at the camera’s display screen. If you see a flashing Chapter 8  Roadmaps and Street Signs: Diagrams 167 light, the remote is working. Could it work but not be sending the right codes? Yes, theoretically, but I’ve never seen it happen, except in the case of a universal remote set up to operate the wrong device. That’s user error, not a repair problem. If the remote’s IR LED lights up when you press a button and stops when you let go, you can assume it is working properly. In this case, the remote works. So, why can’t the TV see it?

Let's Explore Diabetes With Owls by David Sedaris


big-box store, call centre, desegregation, illegal immigration, index card, Maui Hawaii, remote working, stem cell

As weeks passed and the cell phone salesman didn’t call back, I started worrying that he’d lost his job. Maybe, though, that’s just me being a cultural elitist, assuming that his life must go from bad to worse. Isn’t it just as likely that he got promoted or, better still, that he left the call center for greener pastures? That’s it, I tell myself. Once he settles into the new job and moves into that house he’s been eyeing, after his maid has left for the day and he’s figured out which remote works the television and which one is for the DVD player, he’s going to need someone to relate to. Then he’ll dig up my number, reach for his cell phone, and, by God, call me. Loggerheads The thing about Hawaii, at least the part that is geared toward tourists, is that it’s exactly what it promises to be. Step off the plane, and someone places a lei around your neck, as if it were something you had earned—an Olympic medal for sitting on your ass.

pages: 209 words: 63,649

The Purpose Economy: How Your Desire for Impact, Personal Growth and Community Is Changing the World by Aaron Hurst


3D printing, Airbnb, Atul Gawande, barriers to entry, big-box store, business process, call centre, carbon footprint, citizen journalism, commoditize, corporate social responsibility, crowdsourcing, disintermediation, Elon Musk, Firefox, glass ceiling, greed is good, housing crisis, informal economy, Jane Jacobs, jimmy wales, Khan Academy, Kickstarter, Lean Startup, means of production, new economy, pattern recognition, Peter Singer: altruism, Peter Thiel, QR code, Ray Oldenburg, remote working, Richard Feynman, Ronald Reagan, selection bias, sharing economy, Silicon Valley, Silicon Valley startup, Steve Jobs, TaskRabbit, Tony Hsieh, too big to fail, underbanked, women in the workforce, young professional, Zipcar

A sense that after they have done their work, be it a project, a job, or a career, the world is different in a way that is meaningful to them. Mastery. A deepening of skills, strengths, and talents that they feel help define them and their identity. This includes the increasing responsibility that comes with expertise and experience. Freedom. They want to get paid what they are worth, but they value things like remote work, flexible hours, and great benefits more than the actual size of their paycheck. Nathaniel saw that the economic landscape of the last decade has led to an ongoing state of uncertainty within established organizations as well as start-ups, dimming the prospects of long-term job security. As careers continue to fragment, jobs are more often viewed as stepping stones along a much longer career “journey,” which also explains the shift in priorities.

pages: 193 words: 31,998

Java: The Good Parts by Jim Waldo

Amazon:, remote working, revision control, web application

This might be fine if both the objects are on a local network. But if there is a more complex network between them, this call might take some time. A different approach would be to build a class within the StatReporterImpl object that can be used to make the remote calls in a separate thread while the StatReporterImpl object does something else. We will make this class extend the base class Thread, and do all the remote work that we had been doing in the StatReporterImpl object. The class looks something like: /** * A private inner class that can be used to obtain the * roster of a team. This class can be started on its * own thread and left to do its work. When the results * are needed, you can find out if the work is done by * checking the results of {@link isDone}. Once the * remote calls have completed, the value of the team * roster can be obtained by calling {@link getRoster}.

pages: 247 words: 81,135

The Great Fragmentation: And Why the Future of All Business Is Small by Steve Sammartino


3D printing, additive manufacturing, Airbnb, augmented reality, barriers to entry, Bill Gates: Altair 8800, bitcoin, BRICs, Buckminster Fuller, citizen journalism, collaborative consumption, cryptocurrency, David Heinemeier Hansson, Elon Musk, fiat currency, Frederick Winslow Taylor, game design, Google X / Alphabet X, haute couture, helicopter parent, illegal immigration, index fund, Jeff Bezos, jimmy wales, Kickstarter, knowledge economy, Law of Accelerating Returns, lifelogging, market design, Metcalfe's law, Metcalfe’s law, Minecraft, minimum viable product, Network effects, new economy, peer-to-peer, post scarcity, prediction markets, pre–internet, profit motive, race to the bottom, random walk, Ray Kurzweil, recommendation engine, remote working, RFID, Rubik’s Cube, self-driving car, sharing economy, side project, Silicon Valley, Silicon Valley startup, skunkworks, Skype, social graph, social web, software is eating the world, Steve Jobs, survivorship bias, too big to fail, US Airways Flight 1549, web application, zero-sum game

These are real, non–tax deductible costs that only occur because of where the office is, and our need to get to it, and for no other reason at all. It may also be that we have to invest more in housing because all the offices are aggregated in the same city locations. With everyone working in the city in relatively high-paid, white-collar jobs, the demand for housing is impacted, bidding up prices. Ironically, nowhere has been more affected than San Francisco, the home of the inventors of the technology that make remote working possible. These are all pure market inefficiencies based on the realities of yesteryear technology that can be removed by reconfiguring the office as we know it. History repeats If the technology of the day has decided where we work in the past, I can’t see why it won’t do that in the future. The staff want it and it will represent significant cost savings for them and the business. Where we work will change again; the time just hasn’t come yet.

pages: 260 words: 40,943

Hacking Exposed: Network Security Secrets and Solutions by Stuart McClure, Joel Scambray, George Kurtz


AltaVista, bash_history, Larry Wall, peer-to-peer, remote working, web application

To learn more about UNIX’s mount command, you can run man mount to pull up the manual for your particular version, as the syntax may differ: P:\010Comp\Hacking\748-1\ch08.vp Wednesday, September 20, 2000 10:21:37 AM Color profile: Generic CMYK printer profile Composite Default screen Hacking / Hacking Exposed: Network Security / McClure/Scambray / 2748-1 / Chapter 8 Chapter 8: Hacking UNIX [tsunami]# mount quake:/ /mnt A more useful tool for NFS exploration is nfsshell by Leendert van Doorn, which is available from The nfsshell package provides a robust client called nfs. Nfs operates like an FTP client and allows easy manipulation of a remote file system. Nfs has many options worth exploring. [tsunami]# nfs nfs> help host <host> - set remote host name uid [<uid> [<secret-key>]] - set remote user id gid [<gid>] - set remote group id cd [<path>] - change remote working directory lcd [<path>] - change local working directory cat <filespec> - display remote file ls [-l] <filespec> - list remote directory get <filespec> - get remote files df - file system information rm <file> - delete remote file ln <file1> <file2> - link file mv <file1> <file2> - move file mkdir <dir> - make remote directory rmdir <dir> - remove remote directory chmod <mode> <file> - change mode chown <uid>[.

pages: 443 words: 98,113

The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay by Guy Standing

3D printing, Airbnb, Albert Einstein, Amazon Mechanical Turk, Asian financial crisis, asset-backed security, bank run, banking crisis, basic income, Ben Bernanke: helicopter money, Bernie Sanders, Big bang: deregulation of the City of London, bilateral investment treaty, Bonfire of the Vanities, Bretton Woods, Capital in the Twenty-First Century by Thomas Piketty, carried interest, cashless society, central bank independence, centre right, Clayton Christensen, collapse of Lehman Brothers, collective bargaining, credit crunch, crony capitalism, crowdsourcing, debt deflation, declining real wages, deindustrialization, Doha Development Round, Donald Trump, Double Irish / Dutch Sandwich, ending welfare as we know it, eurozone crisis, falling living standards, financial deregulation, financial innovation, Firefox, first-past-the-post, future of work, gig economy, Goldman Sachs: Vampire Squid, Growth in a Time of Debt, housing crisis, income inequality, information retrieval, intangible asset, invention of the steam engine, investor state dispute settlement, James Watt: steam engine, job automation, John Maynard Keynes: technological unemployment, labour market flexibility, light touch regulation, Long Term Capital Management, lump of labour, Lyft, manufacturing employment, Mark Zuckerberg, market clearing, Martin Wolf, means of production, mini-job, Mont Pelerin Society, moral hazard, mortgage debt, mortgage tax deduction, Neil Kinnock, non-tariff barriers, North Sea oil, Northern Rock, nudge unit, Occupy movement, offshore financial centre, oil shale / tar sands, open economy, openstreetmap, patent troll, payday loans, peer-to-peer lending, Plutocrats, plutocrats, Ponzi scheme, precariat, quantitative easing, remote working, rent control, rent-seeking, ride hailing / ride sharing, Right to Buy, Robert Gordon, Ronald Coase, Ronald Reagan, savings glut, Second Machine Age, secular stagnation, sharing economy, Silicon Valley, Silicon Valley startup, Simon Kuznets, sovereign wealth fund, Stephen Hawking, Steve Ballmer, structural adjustment programs, TaskRabbit, The Chicago School, The Future of Employment, the payments system, Thomas Malthus, Thorstein Veblen, too big to fail, Uber and Lyft, Uber for X, Y Combinator, zero-sum game, Zipcar

This allows for the historical reality that, in every professional service, today’s conventional wisdom can become tomorrow’s obsolescent practice. What might seem odd today often becomes a new norm tomorrow. Whatever the impact of online labour contracting, professions are being fragmented. On one estimate, ‘the connected work marketplace’, including forms of freelancing, professional networking sites such as LinkedIn and remote work apps such as GoToMyPC, will reach $63 billion globally by 2020, up from $10 billion in 2014.32 The UK freelancers’ association IPSE estimated that by 2015 there were 1.88 million ‘independent professionals’ in the UK, up by more than a third since 2008. IPSE claimed there was a major shift from ‘having a job’ to ‘working for clients’. To what extent it will displace those in full-time employment is a matter of conjecture, but the scope to do so is vast.

The Singularity Is Near: When Humans Transcend Biology by Ray Kurzweil


additive manufacturing, AI winter, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, Albert Einstein, anthropic principle, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, Benoit Mandelbrot, Bill Joy: nanobots, bioinformatics, brain emulation, Brewster Kahle, Brownian motion, business intelligence,, call centre, carbon-based life, cellular automata, Claude Shannon: information theory, complexity theory, conceptual framework, Conway's Game of Life, cosmological constant, cosmological principle, cuban missile crisis, data acquisition, Dava Sobel, David Brooks, Dean Kamen, disintermediation, double helix, Douglas Hofstadter,, epigenetics, factory automation, friendly AI, George Gilder, Gödel, Escher, Bach, informal economy, information retrieval, invention of the telephone, invention of the telescope, invention of writing, Isaac Newton, iterative process, Jaron Lanier, Jeff Bezos, job automation, job satisfaction, John von Neumann, Kevin Kelly, Law of Accelerating Returns, life extension, lifelogging, linked data, Loebner Prize, Louis Pasteur, mandelbrot fractal, Mikhail Gorbachev, mouse model, Murray Gell-Mann, mutually assured destruction, natural language processing, Network effects, new economy, Norbert Wiener, oil shale / tar sands, optical character recognition, pattern recognition, phenotype, premature optimization, randomized controlled trial, Ray Kurzweil, remote working, reversible computing, Richard Feynman, Richard Feynman, Robert Metcalfe, Rodney Brooks, Search for Extraterrestrial Intelligence, selection bias, semantic web, Silicon Valley, Singularitarianism, speech recognition, statistical model, stem cell, Stephen Hawking, Stewart Brand, strong AI, superintelligent machines, technological singularity, Ted Kaczynski, telepresence, The Coming Technological Singularity, Thomas Bayes, transaction costs, Turing machine, Turing test, Vernor Vinge, Y2K, Yogi Berra

We can't know the subjective experience of another entity (and in at least some of Searle's other writings, he appears to acknowledge this limitation). And this massive multibillion-person "room" is an entity. And perhaps it is conscious. Searle is just declaring ipso facto that it isn't conscious and that this conclusion is obvious. It may seem that way when you call it a room and talk about a limited number of people manipulating a small number of slips of paper. But as I said, such a system doesn't remotely work. Another key to the philosophical confusion implicit in the Chinese Room argument is specifically related to the complexity and scale of the system. Searle says that whereas he cannot prove that his typewriter or tape recorder is not conscious, he feels it is obvious that they are not. Why is this so obvious? At least one reason is because a typewriter and a tape recorder are relatively simple entities.

pages: 700 words: 201,953

The Social Life of Money by Nigel Dodd


accounting loophole / creative accounting, bank run, banking crisis, banks create money, Bernie Madoff, bitcoin, blockchain, borderless world, Bretton Woods, BRICs, capital controls, cashless society, central bank independence, collapse of Lehman Brothers, collateralized debt obligation, commoditize, computer age, conceptual framework, credit crunch, cross-subsidies, David Graeber, debt deflation, dematerialisation, disintermediation, eurozone crisis, fiat currency, financial exclusion, financial innovation, Financial Instability Hypothesis, financial repression, floating exchange rates, Fractional reserve banking, German hyperinflation, Goldman Sachs: Vampire Squid, Hyman Minsky, illegal immigration, informal economy, interest rate swap, Isaac Newton, John Maynard Keynes: Economic Possibilities for our Grandchildren, joint-stock company, Joseph Schumpeter, Kula ring, laissez-faire capitalism, land reform, late capitalism, liberal capitalism, liquidity trap, litecoin, London Interbank Offered Rate, M-Pesa, Marshall McLuhan, means of production, mental accounting, microcredit, mobile money, money market fund, money: store of value / unit of account / medium of exchange, mortgage debt, negative equity, new economy, Nixon shock, Occupy movement, offshore financial centre, paradox of thrift, payday loans, Peace of Westphalia, peer-to-peer, peer-to-peer lending, Ponzi scheme, post scarcity, postnationalism / post nation state, predatory finance, price mechanism, price stability, quantitative easing, quantitative trading / quantitative finance, remote working, rent-seeking, reserve currency, Richard Thaler, Robert Shiller, Robert Shiller, Satoshi Nakamoto, Scientific racism, seigniorage, Skype, Slavoj Žižek, South Sea Bubble, sovereign wealth fund, special drawing rights, The Wealth of Nations by Adam Smith, too big to fail, trade liberalization, transaction costs, Veblen good, Wave and Pay, Westphalian system, WikiLeaks, Wolfgang Streeck, yield curve, zero-coupon bond

When the finance minister of the euro’s core state—its major surplus state—argues that another state ought to be “allowed” to go bankrupt, he implies that bankruptcy is a necessary precondition for withdrawal of a state from the Eurozone.45 This bankruptcy would mean the state’s downgrade not from core to periphery but from inside to outside, to marginal status—its relegation to the economic hinterland of the Eurozone, but perhaps not of the EU. An extreme version of this interpretation would be to imagine Eurozone membership as a revolving door, granted and withdrawn according to regular measures of good behavior—this is not something that was ever envisaged, not anything that could remotely work. Schäuble (2010) surely did not mean this—but his logic implied it. In narrow terms, the euro has threefold significance for what Balibar has to say. First, it is often pointed out that the entailed monetary integration without any other kind of integration—cultural or political, for example—would be something like an integration of fiscus but not of Bildung. But the euro actually divided the fiscus, and we are seeing the consequences of this division.

pages: 945 words: 292,893

Seveneves by Neal Stephenson


clean water, Colonization of Mars, Danny Hillis, digital map, double helix, epigenetics, fault tolerance, Fellow of the Royal Society, Filipino sailors, gravity well, Isaac Newton, Jeff Bezos, kremlinology, Kuiper Belt, microbiome, phenotype, Potemkin village, pre–internet, random walk, remote working, selection bias, side project, Silicon Valley, Skype, statistical model, Stewart Brand, supervolcano, the scientific method, Tunguska event, zero day, éminence grise

But during the months of hamster tube building and structural consolidation, the life scientists had been quietly having their say. This wasn’t the first time Dinah had been nudged in recent weeks about her failure to spend more time in the simulated gravity field of T2. “It’s just hard to go back and forth between gravity and no gravity,” Dinah said. “It makes me barf. And none of my stuff is in T2.” She was referring, as Ivy would know, to the shop where she worked on her robots. “But isn’t that mostly remote work? Writing code?” “Yeah, I just like to be where I can see them out the window.” “Don’t they have little cameras on them?” Dinah had no answer for that. “Whatever you’re doing here,” Ivy continued, “you could do from a cabin in T2, where the gravity would build your bones.” “It’s also Rhys,” Dinah admitted. “Things have been a little weird with him and I just don’t want to—” “Rhys never even goes to T2,” Ivy said.