Elizabeth Warren’s Not-Ready-for-Prime-Time Robinhood/GameStop Intervention
Elizabeth Warren is back in swinging hard, but she’s not yet connecting with the balls.
Read more...Category Archives: Free markets and their discontents
The Blindness of Using Venture Capital to Fight Human Trafficking
Venture capital relies on market-based solutions to maximize short-term gains. That is no way to address worker exploitation.
Read more...New Report From Rep. Katie Porter Reveals How Big Pharma Pursues ‘Killer Profits’ at the Expense of Americans’ Health
Rep. Katie Porter kicks some Big Pharma ass and takes names.
Read more...The Fatuous Uproar About Robinhood and GameStop
The Robinhood contretemps shows how the US confuses a financial casino for productive activity.
Read more...TikTok Got A US Reprieve, But Elsewhere, It’s War
Tik-Tok is getting its wings clippped. But how far will containment efforts go?
Read more...Should President Biden Revoke Section 230?
“What to do about tech platforms” has fixated on Section 230, when more should be done.
Read more...Oxford Pledged to Donate Covid Vaccine Rights, Then Sold Them, Thanks to Bill Gates
Oxford planned an anti-capitalist solution for a global health problem. Then Bill Gates got involved.
Read more...Michael Olenick: From Intel to Apple – Noncompetes are Bad Business
Silicon Valley would never have taken off if noncompetes had been used in its early years, yet titans later restricted hiring across the industry.
Read more...Michael Hudson: Finance Capitalism vs. Industrial Capitalism – The Rentier Resurgence and Takeover
Michael Hudson provides a deep dive into the rise and rise of the rentier under financial capitalism.
Read more...Why Does Inequality Produce High Crime and Low Trust?
Why bad conduct is more prevalent in societies with high inequality.
Read more...COVID-19 Is Pushing Migrants Back to Their Home Countries
With Covid-19 driving many migrants to return to their countries of origin, governments need to implement better reintegration plans.
Read more...The Next Neoliberal President…
A clear eyed and therefore not cheery look at where President Biden is set to take the US.
Read more...What Can Sanders Do as Budget Chair? – Rob Johnson
Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?
Read more...Central Bank Machinations with No Exit: ECB Leaks New Thingy, It’s Doing Yield Spread Control
Not your grandmother’s “yield curve control.” Only one thing that could force this ECB absurdity to end: a big bout of inflation.
Read more...Wikipedia: The Overlooked Monopoly
Low-quality anonymous “editors” combined with a Google tie-up turned an interesting experiment into an overlooked but destructive monopoly.
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