Tag: Labor and Jobs

Governments Must Invest in Jobs in Green Economy, Ban Ki-moon Says.

Chin@Strategy

Global leaders must create jobs in the renewable energy sector so that the costs of transitioning from fossil fuels do not exacerbate economic inequalities, Ban Ki-moon, the former United Nations secretary general, said on Wednesday on the sidelines of the COP26 climate summit in Glasgow. “What is absolutely necessary at this time — it is critical now — is for governments to increase their ambition level, not only in clean energy, but creating millions of new green jobs for the people,” Mr. Ban, the U.N. leader from 2007 to 2016,…

China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk

Chin@Strategy

Four decades ago, Deng Xiaoping declared that China would “let some people get rich first” in its race for growth. Now, Xi Jinping has put China’s tycoons on notice that it is time for them to share more wealth with the rest of the country. Mr. Xi says the Communist Party will pursue “common prosperity,” pressing businesses and entrepreneurs to help narrow the stubborn wealth gap that could hold back the country’s rise and erode public confidence in the leadership. Supporters say China’s next phase of growth demands the shift.…

‘Lying Flat’: Tired Workers Are Opting Out of Careers and Capitalism

Chin@Strategy

Here in the hills, the new silence of my days, deepened by the solitude of the pandemic, has allowed me to observe the state of our planet in the year 2021 — and it looks to be on fire, as our oligarchs take to space. From my view down here on the carpet, I see a system that, even if it bounces back to “normal,” I have no interest in rejoining, a system that is beginning to come undone. The lying flat movement, or tangping as it’s known in Mandarin,…