In either case, the worker goes (the efficient outcome, if the worker is no longer productive).

ECONOMIST: The world is not converging on a single kind of capitalism

Suppose an employer wants to sack a worker who is no longer productive.

ECONOMIST: The world is not converging on a single kind of capitalism

You see, I can no longer support a system that penalizes the productive and gives to the unproductive.

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Mobile phones make micro-entrepreneurs vastly more productive: a plumber no longer has to return to his shop to pick up messages from clients, for example.

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They realize they no longer have the one, two, or three things that gave them their identity, or kept them feeling productive and part of something.

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