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You'll Own Nothing And Be Happy
"You'll own nothing and you'll be happy" (alternatively "You'll own nothing and be happy") is a phrase published by the World Economic Forum (WEF). The phrase is based on a 2016 essay by Ida Auken of Denmark, published by the WEF, about a future in which a hypothetical person relies on the sharing economy for many of their needs. The phrase has been used by critics who accuse the WEF of desiring restrictions on ownership of personal property. Background Auken had previously written in 2014 about a hackathon at the WEF that proposed "FridgeFlix", a startup that would allow users to lease all of their household appliances from a provider that would also service and upgrade these appliances. The proposed company would reduce the risk of residents incurring costly repairs and would work with energy suppliers to reduce power consumption of appliances. In 2016, Auken published an essay originally titled "Welcome to 2030. I own nothing, have no privacy, and life has never been better", la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation's stated mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The foundation is mostly funded by its 1,000 member Multinational corporation, multi-national companies. The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the canton of Graubünden, in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss list of global issues, global issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Review
''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by William F. Buckley Jr. in 1955. Its editor-in-chief is Rich Lowry, and its editor is Ramesh Ponnuru. Since its founding, the magazine has played a significant role in the development of conservatism in the United States, helping to define its boundaries and promoting fusionism while establishing itself as a leading voice on the American right. History Background Before ''National Review''s founding in 1955, the American right was a largely unorganized collection of people who shared intertwining philosophies but had little opportunity for a united public voice. They wanted to marginalize the antiwar, noninterventionistic views of the Old Right. In 1953, moderate Republican Dwight D. Eisenhower was president, and many major magazines such as the '' Saturday Evening Post'', ''Time'', an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Impact Of The COVID-19 Pandemic
The COVID-19 pandemic caused far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock market crash (which included the largest single-week stock market decline since the 2008 financial crisis), the Financial market impact of the COVID-19 pandemic, impact of COVID-19 on financial markets, the 2021–2023 global supply chain crisis, the 2021–2023 inflation surge, shortages related to the COVID-19 pandemic including the 2020–2023 global chip shortage, 2020–2023 global chip shortage, panic buying, and price gouging. The pandemic led to governments providing an unprecedented amount of Stimulus (economics), stimulus, and was also a factor in the Global energy crisis (2021–2023), 2021–2022 global energy crisis and World food crises (2022–present), 2022–2023 food crises. The pandemic affected worldwide economic activit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharing Economy
The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services. It can be facilitated by nonprofit organizations, usually based on the concept of book-lending libraries, in which goods and services are provided for free (or sometimes for a modest subscription) or by commercial entities, in which a company provides a service to customers for profit. It relies on the will of the users to share and the overcoming of stranger danger. It provides benefits, for example can lower the GHG emissions of products by 77%-85%. Origins Dariusz Jemielniak and Aleksandra Przegalinska credit Marcus Felson and Joe L. Spaeth's academic article "''Community Structure and Collaborativ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Planning
Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the Market (economics), market mechanism. As an allocation mechanism for socialism, economic planning replaces factor markets with a procedure for direct allocations of resources within an interconnected group of Social ownership, socially owned organizations which together comprise the productive apparatus of the economy. There are various forms of economic planning that vary based on their specific procedures and approach. The level of centralization or decentralization in decision-making depends on the specific type of planning mechanism employed. In addition, one can distinguish between centralized planning and decentralized planning. An economy primarily based on planning is referred to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2020s In Economic History
This is an economic history of the 2020s. Economic history refers to the study of economies or economic events of the past, including financial and business history. Global events and issues COVID-19 pandemic COVID-19 recession The COVID-19 recession was a major global economic crisis which has caused both a recession in some nations, and in others a depression. It is currently the worst global economic crisis in history, surpassing the impact of the Great Depression. The economic crisis began due to the economic consequences of the ongoing COVID-19 pandemic. The first major sign of a recession was the collapse of markets during the 2020 stock market crash, which began in late February and lasted through March. As of September 2020, every advanced economy is in a recession or depression, whilst all emerging economies are in recession. Modeling by the World Bank suggests that in some regions a full recovery will not be achieved until 2025 or beyond. Supply chain disrupti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010s In Economic History
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural number, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2016 Essays
Sixteen or 16 may refer to: *16 (number) *one of the years 16 BC, AD 16, 1916, 2016 Films * ''Pathinaaru'' or ''Sixteen'', a 2010 Tamil film * ''Sixteen'' (1943 film), a 1943 Argentine film directed by Carlos Hugo Christensen * ''Sixteen'' (2013 Indian film), a 2013 Hindi film * ''Sixteen'' (2013 British film), a 2013 British film by director Rob Brown Music *The Sixteen, an English choir *16 (band), a sludge metal band * Sixteen (Polish band), a Polish band Albums * ''16'' (Robin album), a 2014 album by Robin * 16 (Madhouse album), a 1987 album by Madhouse * ''Sixteen'' (album), a 1983 album by Stacy Lattisaw *''Sixteen'' , a 2005 album by Shook Ones * ''16'', a 2020 album by Wejdene Songs * "16" (Sneaky Sound System song), 2009 * "Sixteen" (Thomas Rhett song), 2017 * "Sixteen" (Ellie Goulding song), 2019 *"Six7een", by Hori7on, 2023 *"16", by Craig David from ''Following My Intuition'', 2016 *"16", by Green Day from ''39/Smooth'', 1990 *"16", by Highly Suspect from ''MCID' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stop Killing Games
Stop Killing Games (SKG) is a consumer movement with the goal of Video game preservation, preserving video games after they are taken offline. The movement was started in 2024 by Ross Scott after the shutdown of ''The Crew (video game), The Crew'', a racing game that required a constant Internet access, internet connection despite being mostly Single-player video game, single-player. A central concern of the movement involves online-only games and downloadable content being listed on storefronts prominently as a purchase, instead of as a rent or lease, despite the possibility of access being remotely denied to the purchaser (without an expiration date at the time of purchase) by the Video game publisher, publisher unilaterally. The movement quickly gathered popularity, being covered by various YouTubers and News media, news outlets. The movement has launched multiple government petitions. Background ''The Crew (video game), The Crew'' was a 2014 racing game developed by List of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enshittification
Enshittification, also known as crapification and platform decay, is a pattern in which two-sided online products and services decline in quality over time. Initially, vendors create high-quality offerings to attract users, then they degrade those offerings to better serve business customers, and finally degrade their services to users and business customers to maximize profits for shareholders. Writer Cory Doctorow coined the neologism ''enshittification'' in November 2022, though he was not the first to describe and label the concept. Doctorow's term has been widely adopted. The American Dialect Society selected it as its 2023 Word of the Year, with Australia's ''Macquarie Dictionary'' following suit for 2024. Merriam-Webster and Dictionary.com also list ''enshittification'' as a word. Doctorow advocates for two ways to reduce enshittification: upholding the end-to-end principle, which asserts that platforms should transmit data in response to user requests rather than algo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations
The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and international security, security, to develop friendly Diplomacy, relations among State (polity), states, to promote international cooperation, and to serve as a centre for harmonizing the actions of states in achieving those goals. The United Nations headquarters is located in New York City, with several other offices located in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and The Hague. The UN comprises six principal organizations: the United Nations General Assembly, General Assembly, the United Nations Security Council, Security Council, the United Nations Economic and Social Council, Economic and Social Council, the International Court of Justice, the United Nations Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
