Corporations want to be monopolies. Then raise prices as high as they want.
Consumers want competition.
Sadly there’s LESS competition today than in the past. At this rate Amazon will have all the money.
- Four have 70% of airline flights. (hat tip: The Economist)
- Four companies control 66% of U.S. hogs slaughtered in 2015, 85% of the steer, and half the chickens. (h/t Open Markets Institute)
- Four companies control 85% of U.S. corn seed sales, up from 60% in 2000.
- Three companies control about 80% of mobile telecoms.
I MIGHT support governments breaking up some of the largest corporations, even if it’s for the wrong reasons.
We’ll see how this works out.
Click PLAY or watch it on YouTube.
I’ve tried many new podcasts over the years.
But end up listening to my same old, same old favourites.
One new MUST LISTEN for me is Pivot.
Galloway is hilariously cynical and critical. 😀
Preview or subscribe on iTunes.
… a sharp, unfiltered look at the technology industry, with provocations, predictions and insights from two leading voices in the worlds of journalism and marketing.
I’ve stayed in many hundreds of different hostels around the world. I like them much better than hotels.
Cost in 2018 runs about $15 / night for a bunkbed. $35 / night for a private room.
Most of the best I can recall were in New Zealand. The worst in North America.
One of the new upscale chains is called Clink. I recently tried to book at Clink London but it was booked out for weeks.
Click PLAY or watch it on YouTube.
Happily we are soon to have more and better hostels. Companies like the Hilton chain are getting into the low end market.
… Private rooms are much more common than they once were and some of the properties are starting to mirror the design-led approach of boutique hotels. …
There’s even a debate about using the word hostel itself with many of those making the most noise preferring to use terms such as “hybrid,” “open house” or poshtel instead. …
Hostels or youth hostels aren’t a new phenomenon. The movement goes back to Richard Schirrmann, a German teacher who founded the first one in 1912. …
“We see a massive demand in America and there is no supply, actually… and this is why we also, absolutely, think it’s the right time to step into the U.S. market,” Spanring said. …
The Big-Money Reinvention of the Humble Hostel
Best of the best for me are bunk beds … but bunk beds that are privacy pods.
I’ve followed politics in the USA since G.W. Bush was elected a second time in 2004. I had one question:
Why are so many Americans so stupid?
And why are Americans so close to a 50/50 split in so many elections.
Here’s one possible explanation. Many, MANY make a lot of money when American elections are close: lobbyists, consultants, media, broadcasters. They have incentive to try to keep it close.
Some say the Republicans and Democrats constitute a wildly successful industry that has colluded to kill off competition, stifle reform, and drive the country apart.
There has always been misinformation. Older, less-educated men have always been grumpy as their privileged lives eroded. #curmudgeons
The internet gives voice to their wrongheadedness. Businesses like FOX News found a way to make money off them. The Republican Party and others around the world found ways to motivate them to vote.
Axios CEO Jim VandeHei offers 4 ways to reduce #FakeNews:
- Politicians … Stop using the term “fake news.”
- Media … Ban your reporters from doing anything on social media — especially Twitter — beyond sharing stories. Snark, jokes and blatant opinion makes people skeptical of your factual stories.
- Social Media companies … Radically self-regulate, or allow government regulation to stanch, the flow of disinformation …
- One thing is for sure: The current self-policing isn’t cutting it.
- YOU … Quit sharing stories without even reading them. Quit tweeting your every outrage. Quit clicking on garbage. Spend a few minutes to verify the trustworthiness of what you read.
Thinking BIG PICTURE.
The Millennium Development Goals (MDGs) were the eight international development goals for the year 2015 that had been established following the Millennium Summit of the United Nations in 2000, following the adoption of the United Nations Millennium Declaration.
All 191 United Nations member states at that time, and at least 22 international organizations, committed …
As of 2013, progress towards the goals was uneven. …
The Sustainable Development Goals (SDGs) replaced the MDGs in 2016.
related – Kofi Annan, former UN secretary general, dies