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SIZE is the enemy of growth. It is one of the unwritten laws of business, a matter of simple percentages. After all, when a company has $1 billion in yearly sales, an extra $1 billion doubles its size. Add $1 billion in new business to a $10 billion-a-year company, and it amounts to just 10 percent growth. The size-growth tradeoff seems inevitable, an inescapable force like gravity. Try telling th
A YEAR has passed since Jim Chanos, a well-known short-seller, predicted in a speech at the London School of Economics that China's property boom would end up like “Dubai times 1,000, or worse”. Easy credit and frenzied investment, he argued, were creating a huge bubble in the prices of property and other assets. Bears also believed that the high degree of state direction in the Chinese economy wa
People are always baffled by the fact that I don't use Facebook. I don't care much about Facebook any more than I cared about MySpace and LiveJournal before it. In almost every way, these subsystems are too retro for my taste. Let me explain. The world began with online services like the Source and Compuserve. They then evolved into a myriad of BBS systems and then AOL was created. AOL became the
Facebook hype will fade By Douglas Rushkoff, Special to CNN
If you happened to be watching NBC on the first Sunday morning in August last summer, you would have seen something curious. There, on the set of Meet the Press, the host, David Gregory, was interviewing a guest who made a forceful case that the U.S. economy had become “very distorted.” In the wake of the recession, this guest explained, high-income individuals, large banks, and major corporations
※この日記は「月収3万円でもJill Stuartのサングラス(1.5万円)を買うブータン人」の続きです 以前、友人たちのお金の使い方をみて、考えるところがあって、「月収3万円でもJill Stuartのサングラス(1.5万円)を買うブータン人」という日記を書きました。 自分の稼ぎをもとに買うものを考えるのではなく、ほしいものをポンポン買っていく友人たちを見て、 急にモノに関する情報が得られるようになり、目の前に実際にモノが並ぶようになったブータンの人たちは、 ひょっとして、目の前にあっても、買えないものがあるということを、知らないのではないか、と。 その後、これについてブータン人と話しているうちに、 あぁ、私が彼らの行動がよくわからないように、彼らには彼らの視点があって、彼らから見たら、私たちの行動はよくわからない 私は片側からしか、ものが見えてなかったなぁ と思い、ブータン人から見たと
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