Word: cheaping
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...ready for a closeup: your next job interview might be on webcam. Looking to save time and money, companies are turning to video-chat software as a cheap, low-hassle way to vet job candidates. That means a growing number of people looking for work are meeting their prospective new bosses not at the office but in the comfort of their own home...
...honest about this: China's long overdue development, whilst in many ways impressive, has primarily been underwritten by profit-driven Western corporations. Corporations have moved to manufacture in China en masse because of very cheap labour, minimal regulation and the ability to externalize other costs, namely the environmental impact. This has then indirectly improved China's lot. How has China otherwise added value or changed the world for the better in modern times? Innovations? Improvements to the human condition? Global benevolence? Becoming the world's temporary sweatshop and biggest copycat does not place one in the league of great nations...
...like antimatter to aura and identity." Likewise, Motorola took its sleek, fashionable $400 Razr cell phone and flooded the market with it at a lower price. "It destroyed the Razr brand," says the author. "Consumers who once considered the Razr the high-fidelity phone now saw it as the cheap phone you get when signing a wireless contract." One consequence: Motorola's CEO left under a cloud...
...opportunistic. The recession has an upside. A lot of things you'll need in coming years are cheap right now - like cars and houses and fixed-rate mortgages. Take advantage now to save money in the future. Improve your credit score by reducing your card balances to 10% of available credit. This will shave future borrowing costs. If you're under 50, you have a lot of time to recover, so contribute enough money to get the full match in your 401(k). If you're 50 to 65, take advantage of the catch-up provision that lets you stash...
...Pelevin takes an even bleaker outlook. The drunken narrator comes to realize that “the entire immense country in which [he] lived was made up of lots and lots of these lousy little closets where there was a smell of garbage and people had just been drinking cheap port,” an acknowledgment of the tedium and squalidness of quotidian life in the Soviet Union. Other stories critique the endless, labyrinthine bureaucracy and the culture of mistrust, where civilians spy on their fellow citizens...