Is it possible for an economy to be based entirely on services

How could this involvement be used by a retail organisation? Ask customers to help out in the store. Expect customers to help themselves from merchandise displays.

Is it possible for an economy to be based entirely on services

Humans have destroyed habitat and devastated wildlife for thousands of yearsbut in the last couple of hundred, the size of our population and our economy has put so much stress on the biosphere of our home planet that we may have established patterns and processes that are already impossible to reverse.

The best we can do now, I think, is to try to put things in place that will delay the inevitable, mitigate its effects, and provide the means for the continued survival of our species after it happens.

Ex Astris Scientia - The Economy of the Federation

System change is required, but not to the kind of system that so scares the right — centralised, big-state socialism — whether implemented by violence or by voting.

History has given us plenty of examples of the former, but none of the latter. If the 20th century taught us anything, surely it taught us that.

If we manage to elect a government that will genuinely challenge corporate power and distribute it to communities and individuals, it will be punished via capital flight. Why should they when they have so many other governments desperate to court them?

A genuinely anti-corporate government will last one term, if that, before a pro-corporate government replaces them, and their policies.

We will continue to steer towards disaster, tacking slightly left or right, depending on the flavour of party that won the last election. Not a solution in the long run.

Is it possible for an economy to be based entirely on services

These problems are a stumbling block for the left — but not for a new system that is neither left nor right. The moneylenders and the merchants were not the most respected people, and the thought that given time, they would knock the monarchy, the aristocracy and the church off the top of the hierarchy would have sounded absurd at the time.

As the late, great Ursula LeGuin said: Its power seems inescapable. So did the divine right of kings. We can build the kind of society we want, and I suggest that it should include gender and racial equality, but not hierarchy.

Jordan Peterson But to reiterate, the next system will be neither left nor right — that is a battle that can never be won.

The Solidarity Economy is free-market anti-capitalism. The hope is that the left will be attracted by the anti-capitalism, and the right will be attracted by the free market.

And so they should — capitalism will expand until there is no room for a functioning biosphere, and then burst, almost definitely taking us with it. And a free market would be an excellent replacement for the extremely unfree market that we have now, dominated and twisted as it is by corporate and financial interests, with help from their state accomplices.

These things have grown, and are still growing in the cracks. Wikipedia is a classic example of this. A seed was sown in a crack, and it has now grown to such a size that it appears impossible that any corporate entity will ever be able to profit from the world of encyclopedias ever again.


The trick is to work out how to replace multinational corporations in all sectors of the economy. The death of the encyclopedia industry. The Solidarity Economy is already being built, and I know it will succeed because of the quality of the people involved.Steven Terner Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, As Secretary, Mr.

Mnuchin is responsible for the U.S. Treasury, whose mission is to maintain a strong economy, foster economic growth, and create job opportunities by promoting the conditions that enable prosperity at home and abroad.

Answer to Is it possible for an economy to be based entirely on services?. Solutions for Chapter 1 Problem 2TD. Problem 2TD: Is it possible for an economy to be based entirely on services? 22 step-by-step solutions; Solved by professors & experts. Services in the Modern Economy – Chapter one Services are economic activities that create value and provide benefits for customers at specific times and places, as a result of bringing about a desired Is it possible for an economy to be entirely based on services.

Chapter 1 1/ is it possible for an economy to be entirely based on service? Is it a sign of weakness when a national economy manufactures few of the goods it consumes? An economy entirely based on services can exist for short period only but cannot sustain for a longer time.

Services Marketing Study Material 1. Recognize the major changes occurring in the service sector and how they impact competition.

The service sector is going through a period of almost revolutionary change and many service businesses are struggling to cope with an increasingly competitive environment. By definition, predatory lending benefits the lender and ignores or hinders the borrower’s ability to repay the debt.

These lending tactics often try to take advantage of a borrower’s lack of understanding about loans, terms or finances.

Understanding Capitalism Part V: Evolution of the American Economy