It’s about 6:30 am on new year’s eve day and I’ve been awake since around 4:00 am because of jet lag. I initially resisted, but now I am up and starting my day.
The coffee shop downstairs doesn’t open for another hour so this is coming to you live from my surprisingly spacious hotel room. (I’ve been in far smaller both here in Hong Kong and in New York.) There’s a wide array of teas available in this room, but sadly no coffee. I could go for a coffee right now.
I took the express train in from the airport last night, which is what I did the last time I was in Hong Kong over a decade ago. It takes just over 20 minutes and it is a great way to get into Central. It immediately signals to you that this city thinks and cares about efficiency.
The experience of landing and getting into a city is an important, but often neglected, consideration. For many people this is their first impression of a place and so it only makes sense to pay attention to it.
Think of it like fine dining. Most nice restaurants will greet you at the front, take your coat, and show you to your table. Few expect you to come in the backdoor and wander bewildered through the kitchen. But that’s what some cities ask you to do after you land.
Come to think of it, I left Toronto aboard our own airport express train. That’s standard practice for me. And so I started and ended my 2-day journey on efficient rail. I’m good with that.
Before signing off for today, I would like to apologize for missing yesterday’s post. I was in the air for over 19 hours without internet. I also didn’t have much to say. As always, you should expect me to show up here every day. But expect more travel-related posts over the next week to go along with
It’s about 6:30 am on new year’s eve day and I’ve been awake since around 4:00 am because of jet lag. I initially resisted, but now I am up and starting my day.
The coffee shop downstairs doesn’t open for another hour so this is coming to you live from my surprisingly spacious hotel room. (I’ve been in far smaller both here in Hong Kong and in New York.) There’s a wide array of teas available in this room, but sadly no coffee. I could go for a coffee right now.
I took the express train in from the airport last night, which is what I did the last time I was in Hong Kong over a decade ago. It takes just over 20 minutes and it is a great way to get into Central. It immediately signals to you that this city thinks and cares about efficiency.
The experience of landing and getting into a city is an important, but often neglected, consideration. For many people this is their first impression of a place and so it only makes sense to pay attention to it.
Think of it like fine dining. Most nice restaurants will greet you at the front, take your coat, and show you to your table. Few expect you to come in the backdoor and wander bewildered through the kitchen. But that’s what some cities ask you to do after you land.
Come to think of it, I left Toronto aboard our own airport express train. That’s standard practice for me. And so I started and ended my 2-day journey on efficient rail. I’m good with that.
Before signing off for today, I would like to apologize for missing yesterday’s post. I was in the air for over 19 hours without internet. I also didn’t have much to say. As always, you should expect me to show up here every day. But expect more travel-related posts over the next week to go along with
I would also like to point you toward this tweet storm by Shawn Micallef (discovered during jet lag haze). Please do me a favor and check it out. It is a hilariously accurate satire about many of the city building challenges that cities face today, told by way of a miniature “Dickens Village.”
Mildly proud of the “Dickens Village” I set up. Mom collected in 90s. Is like Victorian London ceramic Sim City. pic.twitter.com/TPEVKT8GJA
Opposition to new development is nothing new in this city. In fact, it’s the norm in almost all cities, regardless of how big or small the project might be.
But the battle happening right now in Toronto with respect to the proposed 8 storey condominium project at 321 Davenport Road is certainly taking things to the next level. All over 16 units.
Some of the most recognized names in this city have their hat in the ring and virtually every media outlet has covered the topic. See here, here, here, and here, for a small taste.
I would also like to point you toward this tweet storm by Shawn Micallef (discovered during jet lag haze). Please do me a favor and check it out. It is a hilariously accurate satire about many of the city building challenges that cities face today, told by way of a miniature “Dickens Village.”
Mildly proud of the “Dickens Village” I set up. Mom collected in 90s. Is like Victorian London ceramic Sim City. pic.twitter.com/TPEVKT8GJA
Opposition to new development is nothing new in this city. In fact, it’s the norm in almost all cities, regardless of how big or small the project might be.
But the battle happening right now in Toronto with respect to the proposed 8 storey condominium project at 321 Davenport Road is certainly taking things to the next level. All over 16 units.
Some of the most recognized names in this city have their hat in the ring and virtually every media outlet has covered the topic. See here, here, here, and here, for a small taste.
But given that it is Labor Day weekend, here are two things to think about.
The first is a Financial Times article by Lawrence Summers where he argues that America needs unions more than ever and that, indeed, the central issue of American politics today is the “economic security of the middle class.”
Here is an excerpt that speaks to declining bargaining power on the part of labor:
“But I suspect the most important factor explaining what is happening is that the bargaining power of employers has increased and that of workers has decreased. Bargaining power depends on alternative options. Technology has given employers more scope for replacing Americans with foreign workers, or with technology, or by drawing on the gig economy. So their leverage to hold down wages has increased.”
It’s also worth mentioning that only about 6.4% of private sector workers in the U.S. are in a union today. This is a decline of almost two-thirds since the 1970s and is a good segue into the second thought of this post.
Two years ago Fred Wilson wrote a post on his blog (which he reblogged today) where he argued that “labor needs a mechanism to obtain market power as a counterbalance to the excesses of markets and capitalism.”
But, that this mechanism needs a refresh. He calls it Union 2.0.
“However, like all bureaucratic institutions, the “Union” mechanism appears anachronistic sitting here in the second decade of the 21st century. We are witnessing the sustained unwinding of 19th and 20th century institutions that were built at a time when transaction and communications costs were high and the overhead of bureaucracy and institutional inertia were costs that were unavoidable.”
This makes perfect sense to me.
At the same time, we can’t forget – and this is how Summers ends his article – that, today, “the most valuable companies are the Apples and the Amazons rather than the General Motors and the General Electrics.”
That tells me that what may have worked in the past will likely not work in the future.
But given that it is Labor Day weekend, here are two things to think about.
The first is a Financial Times article by Lawrence Summers where he argues that America needs unions more than ever and that, indeed, the central issue of American politics today is the “economic security of the middle class.”
Here is an excerpt that speaks to declining bargaining power on the part of labor:
“But I suspect the most important factor explaining what is happening is that the bargaining power of employers has increased and that of workers has decreased. Bargaining power depends on alternative options. Technology has given employers more scope for replacing Americans with foreign workers, or with technology, or by drawing on the gig economy. So their leverage to hold down wages has increased.”
It’s also worth mentioning that only about 6.4% of private sector workers in the U.S. are in a union today. This is a decline of almost two-thirds since the 1970s and is a good segue into the second thought of this post.
Two years ago Fred Wilson wrote a post on his blog (which he reblogged today) where he argued that “labor needs a mechanism to obtain market power as a counterbalance to the excesses of markets and capitalism.”
But, that this mechanism needs a refresh. He calls it Union 2.0.
“However, like all bureaucratic institutions, the “Union” mechanism appears anachronistic sitting here in the second decade of the 21st century. We are witnessing the sustained unwinding of 19th and 20th century institutions that were built at a time when transaction and communications costs were high and the overhead of bureaucracy and institutional inertia were costs that were unavoidable.”
This makes perfect sense to me.
At the same time, we can’t forget – and this is how Summers ends his article – that, today, “the most valuable companies are the Apples and the Amazons rather than the General Motors and the General Electrics.”
That tells me that what may have worked in the past will likely not work in the future.
