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Is the sharing economy a race to the bottom?


Dr B K Mukhopadhyay
(The author is a Professor of Management and Economics, formerly at IIBM (RBI) Guwahati. He can be contacted at [email protected])
Dr. Boidurjo Rick Mukhopadhyay
(The author, international award-winning development and management economist, formerly a Gold Medalist in Economics at Gauhati University)
As John McAfee rightly puts it, The gig economy is empowerment. This new business paradigm empowers individuals to better shape their destiny and leverage their existing assets to their benefit. Broadly, gig work can be classified into: geographically tethered work, which requires workers to be in a particular place (driving for ride-hailing companies, MFDA – mobile food delivery aggregators), and cloud work which refers to work that can be completed remotely via a computer (jobs in teaching, tax analyst, consultants – i.e., knowledge work). For either of these categories, there are several preconditions, A) Adequate and available pla ....

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Philippine SMEs urged to go digital amid pandemic


 
Remote working amid Covid-19 is a solution for many small business owners Philippine Senator Sonny Angara of the center-right Laban ng Demokratikong Pilipino party on January 31 urged more of the country’s businesses to go digital in order to remain competitive under the prolonged Covid-19 lockdowns, the Inquirer reported. “We want to see more economic activity this year but we still have to remain cautious as we are seeing a lot of new Covid-19 cases, as well as the new variant of the coronavirus,” Angara said in a statement. “Easing of restrictions will not happen right away so we have. ....

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