The bigger question is whether, given that real wages in the US have stagnated for the last 20-30 years, the outsize compensation given to elites is a function of productivity gains increasingly depending on them or just an increase in relative bargaining power.
And why do unions have a pretty bad name?[in the USA] I would argue that it is in large part due to ceaseless anti-union propaganda by the rich and their minions.
I've heard more anti-union sentiment from people who had to be in unions to to get a particular job and then were forced to go on strike for a settlement that really only benefited the union leaders or from people who lost their jobs because going on strike caused the company go out of business. Maybe unions do some good, but it's not just the rich who don't like unions.
I agree completely. I didn't do sports in high school or college aside from some casual fencing, but I've started running in the last few months. I've been surprised at how much of a mental activity it really is.
So that feature could be a competitive advantage for CardPool. If they can already move money between cards like this new feature suggests, maybe this is in the realm of possibility.
Dunno, but this tells me the option isn't gaining users as fast as they need for sustainability. And most people they're targeting already get free US calling through mobile networks. I'd bet this is the loss leader to building a base of people who pay for international calling.
I remember when this first came out. It hit a lot of the things I've noticed myself -- the way you can create a group rhythm that lets people build on each other.
I could see that happening. There's a decent argument to be made that network effects would make a duopoly the efficient outcome for major social networks like FB and Myspace.
As people get better at, and better tools for, segmenting their lives on FB, I don't see why FB couldn't persist.