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Posts tagged "business"

scinerds:

In Nature, Sharing a lot is Caring a lot: Plants and Fungi Recognize Generous Trading Partners

Remember that old saying ‘You don’t have to screw people over to survive’? Well it seems we now have the scientific data to reinstate this through the intricate and fascinating world of Plants and Fungi, in fact, it seems their type of business punishes the dirty businesses and rewards the clean ones. I would like to shamelessly repeat myself and say through the inter-connectivity of Nature [interconnections that can be found everywhere], we can learn much from them to make life more prosperous. Read on . .

One of the biggest underground markets on the planet — nutrient trading between plant roots and fungi — turns out to run on a system of reciprocal rewards for good suppliers and less business for bad ones.

“It may have taken 450 million years to evolve,” says Toby Kiers of VU University Amsterdam, “but unlike most human markets, here we have an example in which cheaters actually get punished and the good guys get rewarded.”

Most land plants participate in this exchange, as threads of specialized fungi wind into plant root tissue and form structures called arbuscular mycorrhizae. About 4 percent to 20 percent of the carbon compounds a plant produces from capturing the energy of sunlight flows into the fungus. In the other direction, minerals and other useful compounds flow from the fungus into the plant.

Other cross-species mutualisms have turned out to have a lopsided power balance in which one partner, often a plant, can kill a misbehaving helper. In the arbuscular mycorrhizal system though, plant roots can detect which fungus threads are providing an abundance of a mineral and in turn reward them with extra nutrients in the form of plant-produced carbon. And the fungi also can detect and preferentially reward a good supplier and shun a slacker, Kiers and her colleagues report in the Aug. 12 Science.

cwnl:

Why Do Women Still Earn Less Than Men?

Imaged Above: August 26, 1970 Women’s Equality Day

By Laura Fitzpatrick

Last year’s tax returns may already be signed, sealed and delivered, but April 20 is the day the average American woman will finally finish earning her 2009 salary — at least, the one she would have received if she were a man. That’s because U.S. women still earned only 77 cents on the male dollar in 2008, according to the latest census statistics. (That number drops to 68% for African-American women and 58% for Latinas.) To highlight the need for change, since 1996 the National Committee on Pay Equity, an advocacy-group umbrella organization, has marked April 20 as Equal Pay Day. There are some signs of progress: the first bill Barack Obama signed into law as President targeted the U.S. pay gap, and the Senate is considering a bill that is meant to address underlying discrimination. But the question remains: Why has it taken so long? Nearly half a century after it became illegal to pay women less on the basis of their sex, why do American women still earn less than men?

The answer depends on whom you ask — and so does the size of the gap. Some say 77% is overly grim. One reason: it doesn’t account for individual differences between workers. Once you control for factors like education and experience, notes Francine Blau — who, along with fellow Cornell economist Lawrence Kahn, published a study on the 1998 wage gap — women’s earnings rise to 81% of men’s. Factor in occupation, industry and whether they belong to a union, and they jump to 91%. That’s partly because women tend to cluster in lower-paying fields. The most-educated swath of women, for example, gravitates toward the teaching and nursing fields. Men with comparable education become business executives, scientists, doctors and lawyers — jobs that pay significantly more.(Read about a new wave of women in Europe’s boardrooms.)

Still, workers don’t choose their industry in a vacuum. “Why do you think [male-dominated industries] are sex-segregated?” says Terry O’Neill, president of the National Organization for Women. “Very often women aren’t welcome there.” Real or perceived, discrimination in certain sectors could discourage women from seeking employment there. A dearth of role models might, in turn, influence the next generation of girls to gravitate toward lower-paying fields, creating an unfortunate cycle.

But industry doesn’t tell the whole story. Women earned less than men in all 20 industries and 25 occupation groups surveyed by the Census Bureau in 2007 — even in fields in which their numbers are overwhelming. Female secretaries, for instance, earn just 83.4% as much as male ones. And those who pick male-dominated fields earn less than men too: female truck drivers, for instance, earn just 76.5% of the weekly pay of their male counterparts. Perhaps the most compelling — and potentially damning — data of all to suggest that gender has an influence comes from a 2008 study in which University of Chicago sociologist Kristen Schilt and NYU economist Matthew Wiswall examined the wage trajectories of people who underwent a sex change. Their results: even when controlling for factors like education, men who transitioned to women earned, on average, 32% less after the surgery. Women who became men, on the other hand, earned 1.5% more.

Skeptics who deem the 77% estimate too optimistic also note that the figure only counts women working full-time (35 hours a week or more, for the full year) and doesn’t account for the fact that women are far more likely to take time off to start a family or work part-time while rearing one. Over a period of 15 years, according to a 2004 study by the Institute for Women’s Policy Research (IWPR), a full 52% of women in the prime earning age range of 26 to 59 go through at least one full calendar year earning nothing at all, compared with just 16% of men. Those choices make a difference: over that span, female workers earn just 38% of what men make — making the wage gap twice as large as the census figure. (And despite the earnings premium that comes with greater education, women with bachelor’s degrees earn less over 15 years than men with a high school diploma or less, according to the IWPR study.)(Read 1982 cover story “How Long Till Equality?”)

Yet no matter how you interpret the numbers, there are a few stubborn percentage points that can’t be explained away. Economists and advocates alike speculate that these are the products of slippery factors like discrimination — conscious or not. A 2000 study, for instance, famously found that after symphony orchestras introduced blind auditions, requiring musicians to perform behind a screen, women became more likely to get the gig. “I think discrimination has declined,” says Cornell’s Blau. “But I’m not yet seeing or believing that it’s been completely eliminated.”

Ensuring an end to discrimination would benefit more than just women, as advocates who resist the characterization of equal pay as a zero-sum game are quick to point out. When Iowa instituted wage adjustments to combat pay discrimination, men accounted for 41% of the beneficiaries. And considering that nearly 40% of American mothers are the primary breadwinner in their households, America’s children would benefit as well. Women’s wages have increased just half a penny on the dollar for the past four decades. How much longer can it possibly take for equality to arrive?

(via ikenbot)

GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits

General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn’t pay taxes on $14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked.

The fact that GE paid no taxes in 2010 was widely reported earlier this year, but the size of its tax return first came to light when House budget committee chairman Paul Ryan (R, Wisc.) made the case for corporate tax reform at a recent townhall meeting. “GE was able to utilize all of these various loopholes, all of these various deductions—it’s legal,” Ryan said. Nine billion dollars of GE’s profits came overseas, outside the jurisdiction of U.S. tax law. GE wasn’t taxed on $5 billion in U.S. profits because it utilized numerous deductions and tax credits, including tax breaks for investments in low-income housing, green energy, research and development, as well as depreciation of property.

“I asked the GE tax officer, ‘How long was your tax form?’” Ryan said. “He said, ‘Well, we file electronically, we don’t measure in pages.’” Ryan asked for an estimate, which came back at a stunning 57,000 pages. When Ryan relayed the story at the townhall meeting in Janesville, there were audible gasps from the crowd.

So I got to wondering after the whole #occupywallstreet took place and people finally began protesting against the banks and the rich and wallstreet, what’s to happen to that system? What would come after it? Then I remembered the concept of bitcoins which was brought to me before. Below are excerpts from an npr transcript all about bitcoins, their usage, and how they will be able to run side by side the dollar and euro in terms of currency. Check the full transcript as well, it’s a very interesting concept.

If the traders on Mt Gox understand the future, we all may soon see prices online quoted in dollars, euros and bitcoins. Robert Siegel talks about virtual currency “bitcoins” with Annie Lowrey, economy and business reporter for Slate.

Bitcoin is the first de-centralized digital currency. Bitcoins are digital coins you can send through the Internet. Compared to other alternatives, bitcoins have a number of advantages.

Basically, in order to possess a bitcoin, you have to have a program on your computer that can help trade the bitcoins. And then it’s stored on your computer in what’s called a digital wallet. And bitcoins have a value. One bitcoin, according to what it says on Mount Gox today, one bitcoin is a little bit over $7. You can take dollars and purchase bitcoins. Or you can simply purchase bitcoins from anybody who has a bitcoin.

There’s no central banking authority. There really is no banking system that supports this. It’s entirely peer to peer.

(via ikenbot)

motherjones:

A Privately Owned Nuclear Weapons Plant? In KANSAS CITY?

Yeah, it’s happening. On an old soybean field on the edge of town.

But check out the activists who found an old-school way to fight the plan.

(Photo: James Rea)

(via theshortestgirlonearth)

In Nature, Sharing a lot is Caring a lot: Plants and Fungi Recognize Generous Trading Partners

Remember that old saying ‘You don’t have to screw people over to survive’? Well it seems we now have the scientific data to reinstate this through the intricate and fascinating world of Plants and Fungi, in fact, it seems their type of business punishes the dirty businesses and rewards the clean ones. I would like to shamelessly repeat myself and say through the inter-connectivity of Nature [interconnections that can be found everywhere], we can learn much from them to make life more prosperous. Read on . .

One of the biggest underground markets on the planet — nutrient trading between plant roots and fungi — turns out to run on a system of reciprocal rewards for good suppliers and less business for bad ones.

“It may have taken 450 million years to evolve,” says Toby Kiers of VU University Amsterdam, “but unlike most human markets, here we have an example in which cheaters actually get punished and the good guys get rewarded.”

Most land plants participate in this exchange, as threads of specialized fungi wind into plant root tissue and form structures called arbuscular mycorrhizae. About 4 percent to 20 percent of the carbon compounds a plant produces from capturing the energy of sunlight flows into the fungus. In the other direction, minerals and other useful compounds flow from the fungus into the plant.

Other cross-species mutualisms have turned out to have a lopsided power balance in which one partner, often a plant, can kill a misbehaving helper. In the arbuscular mycorrhizal system though, plant roots can detect which fungus threads are providing an abundance of a mineral and in turn reward them with extra nutrients in the form of plant-produced carbon. And the fungi also can detect and preferentially reward a good supplier and shun a slacker, Kiers and her colleagues report in the Aug. 12 Science.