Because of the demands of financial markets, companies often find short-term advantage in cutting employment, since driving the stock price gives owners a better return than actually employing people to get work done. Eventually “the market” sorts things out (in theory), and corporations are once again able to offer jobs to willing workers. But there is a lot of unnecessary friction.
One of the challenges of the Next Economy is to create new mechanisms that make it easier to connect people and organizations to work that needs doing — a more efficient marketplace for work.
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