Abuses like raw sewage on beaches and faking regulatory filings make a U.K. water utility a new low in privatization scandals.
Recent Items
Tuesday, September 30, 2025
Private Equity and “Institutional” Investor Owned U.K. Utility Engaged in Massive Fraud, Regulatory Evasions, Worker Coercion, Caused “Catastrophic” Environmental Damage
Topics: Banana republic, Free markets and their discontents, Guest Post, Infrastructure, Private equity, Privatization, Regulations and regulators
Posted by Clive at 5:55 am | 30 Comments »
Robert Reich: Here’s Why We Need to Break Up Big Tech
Monopolies aren’t good for anyone except for the monopolists, especially when they can influence our elections and control how Americans receive information.
Topics: Corporate governance, Free markets and their discontents, Guest Post, Income disparity, Market inefficiencies, Regulations and regulators
Posted by Lambert Strether at 4:55 am | 19 Comments »
Brexit: Impacts and Prospects
While the apocalyptic predictions of the Remain campaign have failed to materialize, the economic damage has nevertheless been significant.
Topics: Brexit, Guest Post
Posted by Lambert Strether at 2:55 am | 78 Comments »
Live Blog: Democrat Presidential Primary Debate #1 in Miami (First Night)
Open thread on the debates.
Topics: Banana republic, Guest Post, Politics
Posted by Lambert Strether at 8:30 pm | 283 Comments »
2:00PM Water Cooler 6/26/2019
Today’s Water Cooler: Partially open thread (more to come).
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 73 Comments »
Cheat Sheet for Tonight and Tomorrow’s Democrat Presidential Debates
Debate terrain, the role of the press, candidate form in previous debates, and the role of the press
Topics: Banana republic, Guest Post, Politics
Posted by Lambert Strether at 1:25 pm | 43 Comments »
Links 6/26/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 177 Comments »
How Judges Kill: Sealing Corporate Records Showing Destructive Behavior Based on Dubious “Trade Secret” Claims
Judges who are unduly deferential to corporate secrecy demands are literally killing Americans.
Topics: Banana republic, Free markets and their discontents, Legal, Ridiculously obvious scams
Posted by Yves Smith at 3:18 am | 9 Comments »
Health Care Price Transparency: Fool’s Gold, or Real Money in Your Pocket?
A former insider explains why more transparnecy won’t solve bad health care pricing practices.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Market inefficiencies, Social policy, The destruction of the middle class
Posted by Yves Smith at 1:56 am | 21 Comments »
The Individual Costs of Occupational Decline
Quelle surprise! Occupational decline, aka “The robots ate my career,” lowers lifetime earnings, particulalry for low-wage workers.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Social policy, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 1:29 am | 8 Comments »
Book Review: John Patrick Leary’s “Keywords: The New Language of Capitalism”
One more book to read!
Topics: Banana republic, Guest Post, Politics
Posted by Lambert Strether at 6:25 pm | 64 Comments »
2:00PM Water Cooler 6/25/2019
Today’s Water Cooler: Biden, Sanders, Warren, DNC and debates, knitters, Google donations, DSA dog caucus, manufacturing, Toys “R” Us, Amazon, Comcast ripoff, Green New Deal, permafrost, forests, weed, Neon Genesis Evangelion, Zork, epic trolling
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 133 Comments »
“Convenience” for Whom?
Lambert goes to the convenience store and buys coffee.
Topics: Free markets and their discontents, Globalization, Guest Post, Social values, The destruction of the middle class
Posted by Lambert Strether at 11:25 am | 90 Comments »
Lawrence Wilkerson: Trump Is Deepening the ‘Economic War’ Against Iran
Lawernce Wilkerson offers another dose of his pithy commentary on US policy versus Iran.
Topics: Banana republic, Doomsday scenarios, Guest Post, Middle East, Payment system
Posted by Yves Smith at 7:19 am | 11 Comments »
Links 6/25/19
Topics: Links
Posted by Yves Smith at 6:55 am | 244 Comments »