Consulting Ethics: McKinsey Pays Additional $230 Million Opioid Settlement, Bringing Total to $870 Million
McKinsey’s latest payoff to avoid admiting culpability reveals some of the inherent problems with high-end management consulting.
Read more...Category Archives: Free markets and their discontents
Quelle Surprise! Bank Too Big to Fail Problem Not Solved as Lobbyists Scheme to Make It Worse
Bank lobbyists want to weaken bank regulations even after rich stakeholders in recent “not-to-big-to-fail “bank failures were rescued.
Read more...Artificial Intelligence: Profit Versus Freedom
It isn’t AI displace jobs. That’s the result of capitalists giving priority to profits, versus say product or workplace improvement.
Read more...Some States Fighting Medicare Plan to Require Minimum Staffing in Nursing Homes
Sadly, there is pushback against a proposed Medicare rule to assure (barely) adequate staffing in nursing homes. Please comment in favor!
Read more...House GOP Unveils Budget With Trillions in Cuts to Medicaid, Food Benefits, and More
The new proposal underscores the Republican Party’s “thirst for cruel budget cuts,” said Democratic Rep. Brendan Boyle.
Read more...The Rise of Alternative for Germany: Who Are Its Supporters and Examining the Fascism Question
Has a chunk of the German electorate suddenly discovered their inner fascist?
Read more...Save Billions or Stick With Humira? Drug Brokers Engage in Blatant Price Gouging as FTC Investigates and Some Health Plans Rebel
Demand that state legislators investigate pharmacy benefit manager price-gouging for biologics like Humira when cheaper biosimilars exist
Read more...California Democrats Double Down on Efforts to Involuntarily Commit the Homeless
Sacramento wraps up its legislative session with efforts to disappear the homeless.
Read more...‘This Is Our Defining Moment’: UAW Launches Historic Strikes Against Big Three Automakers
The once-feared UAW is flexing some muscle. Complaints about expenses are disingenuous v, the cost of stock manipulation, aka buybacks.
Read more...The Lehman Disaster and Why It Matters Today
On September 15, 2008, Lehman Brothers, a giant investment bank, filed for bankruptcy. The shock was profound; world markets melted down.
Read more...Yanis Varoufakis: TECHNOFEUDALISM – What Killed Capitalism
Yanis Varoufakis’ forthcoming book examines our changed economic system, which he callls “technofeudalism.”
Read more...How Shareholder Value Fixation Turns AI and Robotics into a Recipe for Failure
New technologies are not the problem. It’s a system distorted by a flawed shareholder value ideology.
Read more...A Sign that the West Is Having to Compete for Emerging Economy Loyalty? Long Overdue Progress on Africa-Instigated International Tax Reform
After long resistance by rich nations, African governments successfully pushed for the UN to lead on international tax cooperation.
Read more...Will It Be Socialism or Barbarism for the Twenty-First Century?
How the end of policies supporting the material well-being of workers, aka socialism, has created widespread distress and political schisms.
Read more...Is Intellectual Property Turning into a Knowledge Monopoly?
How private capital has hijacked research and intellectual property practices, to the detriment of invention and society generally.
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