Uber, Gig Economy: “The Brutality of the System Is Being Lost on Those Who Actually Use These Apps”
The Financial Times’ Izabella Kaminska argues that the gig economy is a new form of feudalism.
Read more...Category Archives: Technology and innovation
Developer of B.S. Detector Apologizes for Including Naked Capitalism in “Fake News” Tool, Yet Fails to Take Responsibility for Non-Transparent Process and McCarthyite Nature of Project
The developer of B.S. Detector apologized for including Naked Capitalism. Unfortunately, his note is revealing, and not in a good way.
Read more...Can Uber Ever Deliver? Part Five: Addressing Reader Comments and Questions
Hubert Horan answers questions about his series on Uber.
Read more...Witch Hunt: “Fake News” Software Touted by CBS Smears Naked Capitalism, ShadowProof, TruthDig, Others; Creator Admits He Made Up Who Went on Hit List
Naked Capitalism, Consortium News, Counterpunch, Truthout, TruthDig are under another “fake news” attack, this from a browser extension.
Read more...We Demand That The Washington Post Retract Its Propaganda Story Defaming Naked Capitalism and Other Sites and Issue an Apology
Our lawyer has a few words with the Washington Post.
Read more...Can Uber Ever Deliver? Part Three: Understanding False Claims About Uber’s Innovation and Competitive Advantages
Why Uber does not have any significant competitive advantages save very deep pockets that allow it to engage in sustained predatory pricing.
Read more...The Electoral Consequences of Globalization
A look at some of the economic and political issues related to globalization.
Read more...Can Uber Ever Deliver? Part Two: Understanding Uber’s Uncompetitive Costs
Why Uber is the taxi industry’s high cost producer and cannot grow into profitability.
Read more...Can Uber Ever Deliver? Part One – Understanding Uber’s Bleak Operating Economics
Uber’s financials statements and economics shows a complete lack of progress towards profit and no reason to expect significant improvement.
Read more...Why Economic Recovery Requires Rethinking Capitalism
Capitalism needs a dose of socialism, aka public works. Mission-oriented public investment is vital to revive private-sector investment.
Read more...Gaius Publius: Google Scores a Pro-Monopoly Seat on Trump Transition Team
Google joins forces with Trump to insure no high-tech billionaire is harmed in the relentless march toward monopolistic capitalism. Don’t be evil indeed.
Read more...Will the Cost of a “Self-Driving Taxi” Really Be Sixty-Seven Cents ($0.67) a Mile? McKinsey’s Mysterious Footnote 17
A close reading of McKinsey’s report on self-driving cars.
Read more...TRIPS: The Story of How Intellectual Property Became Linked to Trade
Why intellectual property rights are a form of private tax, and how they are abusive when applied to IP developed out of public funding.
Read more...Wolf Richter: Layoffs at Alphabet Access to Hit 9%, Google Fiber to “Pause” Plans, CEO Leaves, as Alphabet Cracks Down on Costs
Those Company Formerly Known As Google, aka Alphabet, “Other Bets” for growth seem to be hitting the wall. The latest is Google Fiber.
Read more...Validating Wikileaks Emails [Just The Facts]
Why the claim that Wikileaks e-mails were doctored looks to be false, and journalists are falling down on the job in not checking themselves
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