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    Commentary / banking, Goldman Sachs, Morgan Stanley /

    Back to the Bank?

    June 17, 2021

    Following on from the revelation that our impoverished banks are thinking off penalizing their staff for the rather obvious and rational decision to re-locate, along with their big city wages, to a low cost place to live, we discover that most are now trying to force those recalcitrant workers back to the big city offices. […]

    Commentary, Economics / Berners-Lee, blockchain, capilaism, democracy, digital revolution, industrial revolution, machinery question /

    The Missing Magic

    June 16, 2021

    I read this morning that Tim Berners-Lee is going to auction the original code he wrote when he invented the world-wide-web.  The code will be packaged up in a non-fungible token and sold, no doubt to one of the egregiously wealthy folk who have ridden his invention to enormous fortune.  Berners-Lee is surely one of […]

    Commentary, Economics / capitalism, Facebook, profits, shareholder value, wages /

    Remote Working Pay Cut?

    June 15, 2021

    When a large corporation goes on the hunt for a lower cost base of operations I doubt whether it thinks it will be penalized for what is a rational and frequently made decision.  After all if you can make the same revenue and reduce your costs your profit goes up. Yeah.  Capitalism 101.  If we […]

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