|
Time, food, money
16.05.2012 09:13 "Agro Perspectiva" (Kyiv) —
Paying your bills with your skills and knowledge is now possible in the new format of cafe called Time/Food that opened in Moscow on May 15. By offering people ones valuable skills and knowledge, a person can earn points that can be used for paying for meals at the Time/Food restaurant, making purchases at the Time/Store as well as buying tickets to a number of museums. This «alternative economics» scheme was conceived and implemented in New York last year. Now about 3000 people all over the world take part in the project. But being cautious of the negative consequences of such a coup d’état, the promoters of the project do not intend to replace the existing economy with their own.
It is becoming clear that the old economic model is outdated and requires new ideas. In some cafes customers are offered to wash the dishes or cook something with their own hands in payment for their meal. Some creative restaurateurs might ask to apply a temporary tattoo with their logo on you in compensation for free drinks. Others prefer to charge for the time. This is the business model of the Moscow based anti-cafe «Babochki» (Butterflies). A minute spent inside costs 2 rubles. Inside the cafe one can have a tasty meal, but also read a book from the local library, drink some coffee or give a master-class to other customers. The main thing is to remember that time is money, said the director for business development of the anti-cafe Pavel Melnikov to the Voice of Russia:
«The place does not insist on any format, does not force anybody to do what the rules dictate. You can read, study, work. Some tutors give their lessons here. The place is of a new format, where people can do what they want».
Especially interesting is the «Pay what you want» scheme. The basis of that scheme is post factum payment: first you evaluate the goods or services, and then you name the price. In 2007 the popular British group Radiohead made a huge impact with a similar venture. Being tired of the fact that their music was constantly being pirated, the musicians uploaded their new album for downloading for any payment the fans considered appropriate. Alexander Legchakov with a PhD in economics highly appreciates such a progressive approach:
«In that respect the system is ideal. It gives a method of evaluating the product, its analysis and a chance to pay for it afterwards. Psychologically, it is implied that ‘if you like it, you pay for it.’ That arrangement should be made clear from a school age.»
But is everybody ready to take on such responsibility? In Europe one prefers to pay more rather than undervalue the quality of a service. Michael Hildebrand, the owner of the Liebling café in Munich that has been employing this scheme for four years, remarks on the specific features of the German mentality:
«Some people are not used to making such a responsible move themselves by setting the price on their own. If you bring the bill for a cup of coffee for 5 euro, somebody will think: ‘It seems very expensive, but if I have got to pay, I will do it.’ And if you overpay at our place, you can only blame yourself. People prefer to be fooled by somebody else, not fool themselves.»
A young woman called Svetlana, who has a mobile cafe in Moscow, cooks for people for donations because she loves to cook and loves people. «Gauri» café functions well at city street markets and festivals, and revenue is often three times the expenses. Svetlana’s formula for success is based on the exclusion of two main factors: the steep price of rental space and high expectations of profitability. This is a hobby that one should do with love.
«In human relationships there are no equivalents, no commercial relations. We live not in an economy, but in a society. Such non-standard schemes, and there are many of them, force us to return to human relations».
Similar one-time events are also taking place in hotels, in particular in the resorts of Austria, Switzerland and Singapore. Alexey Saveliev, the head of hospitality services of the «Ibis» hotel, is skeptical about such initiatives taking root in Russia.
«Hospitality business is a business that requires good forecasting. And if such a system were introduced, it would make forecasting totally impossible. That is why, in my opinion, it is very inefficient».
The main ingredient of the «alternative economy» is trust. It is no surprise that Russian businessmen view the new trends with caution. However, the modest experience of the brave risk-takers to date has yielded positive results if not financial, then definitely emotional.
22.11.2024 |
|
|
|
|
|
10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
|
|
|
|
|
23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
|
22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
|
16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
|
|
|
|
|
09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
|
09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
|
|
|
|
|
20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
|
20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
|
|
|
|
|
22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
|
21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
|
10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
|
|
|
|
|
23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
|
|
|
|
|
11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
15.10.2024 |
|
|
|
|
|
09:35 |
Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025 |
11.10.2024 |
|
|
|
|
|
23:33 |
China Cottonseed Imports Show Strong Demand in Recent Years |
|
20:30 |
India Removes Rice Export Ban, Spurring Additional Trade |
30.09.2024 |
|
|
|
|
|
17:27 |
List of agricultural machinery with cost compensation expanded to 11,300 items |
29.09.2024 |
|
|
|
|
|
20:21 |
1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa |
|
17:13 |
EU agri-food surplus increased in the first half of 2024 |
27.09.2024 |
|
|
|
|
|
09:02 |
BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture |
26.09.2024 |
|
|
|
|
|
10:25 |
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions |
21.09.2024 |
|
|
|
|
|
18:30 |
Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS) |
17.09.2024 |
|
|
|
|
|
09:52 |
Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America |
|
08:44 |
FAO calls for G20 cooperation as hunger targets continue to elude |
|
06:40 |
FAO sees open trade as a cornerstone of global food security |
13.09.2024 |
|
|
|
|
|
07:08 |
U.S. Soybean Meal Hits 10‐Year High for Export Sales |
12.09.2024 |
|
|
|
|
|
21:26 |
U.S. Corn Exports Buoyed by Large Supplies |
11.09.2024 |
|
|
|
|
|
04:30 |
Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract |
06.09.2024 |
|
|
|
|
|
11:35 |
FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices |
|
10:34 |
Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers |
05.09.2024 |
|
|
|
|
|
09:23 |
PM: Plan to develop small generation facilities to reduce vulnerability to terrorism |
30.08.2024 |
|
|
|
|
|
05:03 |
Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy |
19.08.2024 |
|
|
|
|
|
12:00 |
OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES |
16.08.2024 |
|
|
|
|
|
17:10 |
Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields |
12.08.2024 |
|
|
|
|
|
20:04 |
Ukraine Soybean Exports Forecast at Record in 2024/25 |
|
19:48 |
Domestic Demand and Trade Restrictions Reduce India Grain Exports |
11.08.2024 |
|
|
|
|
|
09:15 |
USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine |
09.08.2024 |
|
|
|
|
|
17:41 |
USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine |
07.08.2024 |
|
|
|
|
|
08:19 |
Turkey’s Mandarin Production and Exports to Rebound |
26.07.2024 |
|
|
|
|
|
09:28 |
Ongoing Economic Crisis in Argentina Impacts Dairy |
15.07.2024 |
|
|
|
|
|
10:28 |
Decline of China Pork Imports Continues in 2024 |
|
08:20 |
Lower Prices Propel Mexico 2023/24 Soybean Meal Imports |
13.07.2024 |
|
|
|
|
|
10:15 |
China Imports of Major Feed Grains at Record for Oct-May period |
12.07.2024 |
|
|
|
|
|
01:08 |
Climate risks projected to affect fish biomass around the world's ocean, FAO report says |
06.07.2024 |
|
|
|
|
|
10:15 |
Global cereal production 2024 forecast scaled up and now set to exceed the 2023 level |
|
10:01 |
FAO Food Price Index stable in June |
03.07.2024 |
|
|
|
|
|
12:31 |
World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million |
|
12:23 |
U.S. wheat exports are forecast to rebound by more than a million tons in the 2024/25 marketing year |
01.07.2024 |
|
|
|
|
|
08:58 |
World apple production for MY 2023/24 is forecast to rise more than 700,000 tons to 83.7 million |
|
08:39 |
World coffee production for 2024/25 is forecast to rebound 7.1 million bags |
Also available:
|
| |
|
|