July 20, 2017

Can Capitalism Reinvent Itself?



Gig Economy concept with young woman in a thoughtful pose
Copyright: melpomen / 123RF Stock Photo

A workforce that that’s built on flexibility and experimentation sounds ideal. People could work a job for as long as they need. They could parcel out their labor into a a traditional nine-to-five, or work a few hours, leaving themselves time to do with as they see fit. Flexible work could help tackle questions of how best to keep parents of young children, adult children of aging parents, and seniors in the workforce in a sustainable way. But while some American jobs have moved toward a system that allows workers and companies greater latitude, the policies at work in the American economy have remained decidedly rigid.

That mismatch is dangerous for workers and their families. In America, crucial benefits, like medical care, retirement savings, unemployment insurance, and disability benefits remain largely tethered to traditional jobs.

The problem isn’t just relevant to those current working in the gig economy, it points to a larger issue: the failings of both the government and private sector to update and reinvent the way workers succeed in the U.S. economy, said Senator Mark Warner of Virginia at the Aspen Ideas Festival, which is co-hosted by the Aspen Institute and The Atlantic .

While jobs at Uber, […]

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About NGE Staff 9393 Articles
The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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