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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: sciAticA errAticA who wrote (32551)	4/27/2003 11:37:39 PM
From: elmatador	Respond to of 74559

<<Jobless but NOT Hopeless>> Su many are not researching these issues but: 1) Informal job goes up 2) Tax payer disappearing Most of the jobs were never on the big companies that make the headlines. The bulk of jobs were generated by small businesses. The developing countries: The job figures that show that people disappeared from the government statistics are already doing informal jobs. Informal jobs the shadow economy, is growing everywhere. This has been happening for about 15 years or more in developing countries. Let me give you a real example: Lets say you are a cosmetics company. You can't beat the established players with their brand recognition and their market cache and advertising budgets. The malls won't give you shelf-space.You have to undercut the established players by going straight to the potential customers and grow like a virus from there and people would start spending money without going to the malls. Many people in the developing countries find this direct sales work appealing and are going for it. I will give you another example, this time from the US. When Ma Bell broke up, in 1984, it throw in the streets many engineering people. They knew what products could appeal to the telcos because AT&T would buy and develop the products themselves. With the Baby Bells they could offer the products they knew were competitive and get venture capitalists to finance the development of them. They are the guys that kick-started the tech bubble of the late 90's. As people are freed from the post-war type of economy, they, and the market are developing many other ways to organize themselves and the market products and services.