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Detailed text transcripts for TV channel - MSNBC - 20121229:14:03:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121229:14:03:00

Income. but distributions of property and opportunity and distributions of access to work. so in my mind, to avoid heather's dystopian future, we need to start talking about things like the scale of enterprise and think about how we can start shrinking that scale of enterprise because it's highly efficient to have small network enterprises rather than the giant googles and microsofts and so forth which lead us to those distopian outcomes in terms of access to income and wealth and creative work which is what she's talking about. so working is a really key there. they are central to how we can ...

Detailed text transcripts for TV channel - MSNBC - 20121229:13:06:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121229:13:06:00

Maybe you like to work in your bath robe, maybe you don't. you would think that's the natural way that an economy would work. instetd, instead, economies have built these large corporations which were command and control and we have a lot to explain about that. and i think the insecurity was -- >> a lot of that was probably insecurity. it's easier for people to contract out, easier for people to connect through online and things like that and that's pushing people towards the direction of working as freelance. and the other thing is that for workers at the lower end, wages are falling so fast ...

Detailed text transcripts for TV channel - MSNBC - 20121229:13:15:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121229:13:15:00

Talking this morning about the next economy. what the economy should and will look like after the great recession after we go back to full employment, if and whenever that ever happens. and how that affects workers. karl, the question on the table is can we have a prosperous economy and also in this increasingly flexible freelance situation? >> people like the security of an employment relationship and as workers have had less and less bargaining power in the market they've lost wage growth and employment growth. those are separate symptoms of the same thing. it's entirely possible to provide ...

Detailed text transcripts for TV channel - MSNBC - 20121229:13:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121229:13:32:00

Need to be thinking about what are the nonmarket institutions that replace it because labor markets don't function like other markets and if they do they end up screwing a lot of people and we have to think about what kind of collective enterprises, be if they are not a big firm, what are the big enterprises? what nonmarket activity can secure relative equity? saket soni, thank you for joining us. >> thanks, chris. the economy is growing again. that is a good thing. karl smith wants to talk about it more when we come back. ies? let me put you on webcan... ...lean roasted chicken... and a cre...

Detailed text transcripts for TV channel - MSNBC - 20121229:13:09:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121229:13:09:00

Is that we had this strange historical contingency arrive, particularly from world war ii and in the '80s has been unraveling ever since, the provision of the things that in other industrialized democracies, the model in which you have a union bargaining with a big capitalist firm and you come to this internal social contract for the employees. right? we work for you and get things like health care and retirement and security and other things. now this relationship of employment is coming tomorrow a start. one of the things that you can do is go to the model that it is a provision of the state...