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Millennials as the Key Driver of the Global Startup Wave

After the great fall, there would be a wave of rebuilding. The same thing goes to the entrepreneurial spirit after The Great Recession. During The Great Recession, the U.S. economy has eliminated more than 8 million jobs which is the steepest decline since the end of World War II.  It has caused many businesses to close for good or file for bankruptcy, on the other hand, the emerging number of unemployment triggered a significant increase in entrepreneurship. The high amount of global unemployment leads more youth to believe that a possible solution to their careers is a startup business. A group of people who are born between the 1980s to the 1990s, which usually labeled as Generation Y or millennials, is suggested as the most entrepreneurial generation compared to the rest. The rough background has made the millennials’ mindset more aware of the global economic risks, therefore, the crisis shock to the workforce fueled a surge in entrepreneurship. As an example, back in 1995 the
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Capitalism FTW: It's Just a Matter of Time until Robots Take Over Our Jobs

As human beings, we always strive for improvement in every life aspect. That is why our prehistoric ancestors created their own stone tools, bow and arrows, and other survival tools. The evolution continued until the existence of modern Homo sapiens, which is the modern human nowadays. Modern humans discovered more complex inventions such as wheels, medicines, propellers; basically our surroundings are the latest development of the earlier technologies. Humans are constantly improving new technologies in order to assist our daily activities, to innovate breakthrough technologies; we will not stop inventing because it is our instinct to make daily things done faster and be easier to do; it is our survival mechanism. However, this whole modernization thing is known to make conflict amongst us. The Industrial Revolution in 18 th to 19 th centuries was a both historical and controversial transition from labour production methods to powered, special-purpose machinery in many industri

A Classic Tale of Money and Power in a Modern World: The Extreme Wealth Gap Occurs when 1% Billionaires Rule the World as Global Wealth Holders in 2015

This is a common concept in society: working hard is the solution to fighting poverty. Even ignorant judgment would point people who lived under the poverty line as lazy people. I bet low-paid labours in developing countries wouldn’t agree on that statement. They are working hard but barely can afford to meet the basic needs of themselves and their families. Go ask garment labours in Myanmar or Bangladesh: after their long hours working in the factory, could they afford housing, food, and medicines? Unfortunately, along with their exhausting hard working they are still trapped in poverty. Even in the European Union, there are 9% workers at the risk of poverty. The global financial inequality crisis is getting worse than ever. Supported by data from Credit Suisse’s Global Wealth Databook 2015 report, Oxfam revealed that 1% population in the world is wealthier than the rest of the population. Published on January 2016, Oxfam elaborated the economic gap through its policy paper entit

Masih Layakkah Go-Jek Menggadang-gadang Ekonomi Kerakyatan ketika Investasi Asing ada dibalik Startup Mereka?

First of all, I want to stress to the fact that this isn't a hate speech at all. Saya merupakan salah satu pengguna jasa Go-Jek walaupun termasuk konsumen baru; hanya untuk 1-2 bulan terakhir ini. Menurut saya kemunculan Go-Jek amatlah membantu baik itu dari kacamata customers maupun drivers nya, terlepas dari kontroversi antara Go-Jek dan ojek konvensional, berbagai keluhan aplikasi Go-Jek terutama di awal-awal peluncuran aplikasi Go-Jek, dan masih banyak kasus lagi. Jadi, dari segi pemanfaatan jasa, saya sepenuhnya mendukung ojek dan moda sarana transportasi berbasis online. Pada tanggal 18 Desember 2015 Kemenhub melarang Go-Jek dan startup ojek online lainnya untuk beroperasi karena alasan keselamatan penumpang, namun tak lama kemudian Presiden Jokowi sendiri lah yang turun tangan meminta Kemenhub mencabut larangan dikarenakan moda transportasi ojek telah diterima dan telah menjadi bagian dari opsi transportasi yang dibutuhkan oleh rakyat Indonesia. Permintaan Presiden Jok

Will Sharing Economy Ended Up Like Another Capitalism?

These days, the sharing economy phenomenon is escalating across the globe. Feel unfamiliar with the term? What about Uber, Airbnb, Etsy, or perhaps the infamous Indonesia based startup GO-JEK? Those are the well-known examples of sharing economy practice. This article will not be able to accommodate a comprehensive explanation about sharing economy; however, I hope readers will be able to conclude the essential points from my page. Benita Matofska, a worldwide expert on the sharing economy, defined the sharing economy as a socio-economic ecosystem built around the sharing of human and physical resources which includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organizations. Sharing economy is also known as collaborative consumption which can be categorized into three types of systems as stated by Rachel Bostman, a collaborative economy expert.  First, Product Service Systems.  Share or rent goods which are priva

Detox Programs: Get Rid of Your Toxins or Your Money?

You know that feeling when you found out an eye opening fact about commonly accepted thing for a very long time such as ‘right-brained and left-brained individual is just a myth’? Crazy, huh? I used to struggle over the fact that I cannot categorize myself as a right or left brained individual. Part of me wants to be an artsy musical person meanwhile I also fancy languages but I hate math etc etc.  For those people who in disbelief about that brain myth perhaps I will catch up writing a post about that. However, this current post will elaborate about detox life. Yes, it’s a myth, too. To avoid any vague argument I will stressed to the point that by detox, what I mean is the cleansing juice diet program that only limiting food consumption only into raw fruits and veggies, or fancy supplements, or certain treatments, and so on. You know, the diet that has been promoted by many celebrities, lifestyle advertising, commercial diet products and programs, and so on. To make it clear

The New Era of Cryptocurrency

Needless to say, in this cyber - culture era there are massive wave of virtual transactions. Borders are slightly vague, but the foreign-exchange rate difference still can be a barrier , not forget to mention the financial crisis possibility that would affect the exchange rate. What if we have our own universal currency for solely digital transactions? No dollar, no euro, etc -- just one kind of virtual cash. Digital currency is similar with conventional currency yet it is involving electronic or virtual money that endorsed by non-government central banks as alternative currency. The concept is simple, virtual economies supported by virtual money however the transactions are all real. Cryptocurrency will be down as our main focus. Cryptocurrency is one of digital currency types that using cryptographic algorithms in order to avoid counterfeiting, to keep it as secure and reliable as possible. Cryptocurrency has the same function as fiat money; it can be used as a medium of ex