{"id":12585,"date":"2015-05-31T09:00:35","date_gmt":"2015-05-31T13:00:35","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=12585"},"modified":"2015-05-31T11:13:02","modified_gmt":"2015-05-31T15:13:02","slug":"the-economics-of-imaginary-companies","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2015\/the-economics-of-imaginary-companies\/","title":{"rendered":"The Economics Of Imaginary Companies"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/05\/053115_1508_TheEconomic1.jpg\" alt=\"\" width=\"642\" height=\"428\" \/><\/p>\n<p>Europe has a thriving ecosystem of imaginary companies writes Liz Alderman:<\/p>\n<ul>\n<li>Imaginary companies such as &#8220;Animal Kingdom&#8221; in France sell animal food.<\/li>\n<li>They take into account their revenue, costs, and payroll. All these numbers are made up.<\/li>\n<li>The imaginary company works with other imaginary companies such as banks and suppliers.<\/li>\n<li>The companies have real offices, and real people working in them but that&#8217;s about the extent of it.<\/li>\n<li>The imaginary money that each company&#8217;s employees make can be spent buying the products of other imaginary companies.<\/li>\n<li>This ecosystem started as a government initiative to train students and the unemployed and get them used to working in an office environment.<\/li>\n<li>Since the ongoing Euro problems began they&#8217;ve taken a crucial role in fighting long-term unemployment by keeping office skills fresh.<\/li>\n<li>To fully replicate the European business experience, the companies will sometimes hold strikes complete with placards and upset employees.<\/li>\n<li>The fake companies are successful. Up to 70% of those who go through it in France go on to find a job.<\/li>\n<\/ul>\n<p>Read more about the World War 2 roots of these companies, how the real workers feel about working in a fake company, and more over <a href=\"http:\/\/www.nytimes.com\/2015\/05\/31\/business\/international\/in-europe-fake-jobs-can-have-real-benefits.html?smid=fb-nytimes&amp;smtyp=cur&amp;bicmp=AD&amp;bicmlukp=WT.mc_id&amp;bicmst=1409232722000&amp;bicmet=1419773522000&amp;_r=1\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.nytimes.com\/2015\/05\/31\/business\/international\/in-europe-fake-jobs-can-have-real-benefits.html?smid=fb-nytimes&amp;smtyp=cur&amp;bicmp=AD&amp;bicmlukp=WT.mc_id&amp;bicmst=1409232722000&amp;bicmet=1419773522000&amp;_r=1\">The New York Times<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/marginalrevolution\/2015\/05\/the-workplace-culture-that-is-french.html\">Marginal Revolution<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Europe has a thriving ecosystem of imaginary companies writes Liz Alderman: Imaginary companies such as &#8220;Animal Kingdom&#8221; in France sell animal food. They take into account their revenue, costs, and payroll. All these numbers are made up. The imaginary company works with other imaginary companies such as banks and suppliers. The companies have real offices, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/05\/053115_1508_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=12585"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12585\/revisions"}],"predecessor-version":[{"id":12588,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12585\/revisions\/12588"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/12584"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=12585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=12585"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=12585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}