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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.


Re: Bargaining power - how can "average joes" increase their bargaining power? Especially as unions have a pretty bad name...


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'm not arguing that unions are terrible, just that the perception/marketing of unions is unfavorable for most Americans.

Which begs the question: how does the "little guy" re-take some bargaining power? "Unions" under a different name?


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.


My 5 secs searching says: Plastic Jungle has a $25 req. Card Woo, another competitor, has a $20 min.


Thanks for doing 5 seconds of searching ...

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.


I just checked. They require a CC# from anyone they pay online, in case the seller does just that.


I doubt they could charge that cc in that situation.

Would only prevent recurring fraud per cc.


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.


Free US calling through mobile networks?

haha, thats a bunch of words that do not belong in a sentence together.


Rephrase; for most of their targeted audience the marginal cost of mobile to mobile calls inside the US is already $0.

Marginal cost is what matters, and in this case many US calls are already near free for the segment that would be most likely to adopt.


Actual paper is here : http://www.uvm.edu/~cmplxsys/newsevents/pdfs/2010/science.11...

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.


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