Author Archives: Yves Smith
Hubert Horan: Can Uber Ever Deliver? Part Twenty-Four: Uber Loses Another $6.8 Billion
Even as Uber throws more business ballast over the side to try lighten the ship, it still continues to sink.
Read more...The Non-Profit Industrial Complex Stands in the Way of Direct Aid
How non-profit organizations are too often about the career advancement of their staff, and what marginalized communities can do about that.
Read more...Black Lives Matter Inland Empire Announces Break With BLM Global Network: Calls Out Lack of Transparency, Democratic Party Control
A Black Lives Matter group calls out the organization’s embrace of capitalism, self-promotion, and the Democratic Party.
Read more...‘Fire DeJoy Before He Burns Down USPS’: Postmaster General Pushes Plan for Slower Mail, Higher Prices
The planned demolition of the USPS continues. Can it be stopped?
Read more...Links 2/13/2021
Working From Home: Too Much of a Good Thing
Why and how much the working from home trend is likely to be unwound post Covid (assuming a post Covid).
Read more...Yanis Varoufakis: Trumpism after Trump – NEWSWEEK Magazine, Interviewed by Basit Mahmood
Varoufakis believes Biden Administration fecklessness and love of austerity will strengthen the Trump faction.
Read more...The Bank of England Should Stop Broadcasting the Views of a Comfortable Financial Elite
A “put foot in mouth and chew” episode from Bank of England chief economist Andy Haldane.
Read more...The Chip Shortage: Brought to You By American Neoliberalism
While the chip shortage will sort itself out in the next six months, the US can’t remedy its dependence on foreigners for critical supplies.
Read more...Big Money Drove the Congressional Elections—Again
The press account of the 2020 Congressional races got the money part completely wrong: Republican outspending was key to their wins.
Read more...Why Amazon Is Fighting So Hard to Stop Warehouse Workers From Unionizing
Amazon has much to answer for, like wage theft and brutal workplace condidtion, and is throwing its muscle behind not being held to account.
Read more...Why U.S. Labor Laws Need a Major Update—The PRO Act Is a Great Start
Biden is proposing some significant changes to labor law. Does the legislation live up to its billing?
Read more...Links 2/11/2021
The Most Fragile Oil Price Rally In History
Some of the economic forecasts underlying the bullish oil price views are so sunny I’m gonna need shades.
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