Mammon category archive
Food Change 0
It’s “all natural”!
Yeah? “All natural” what?
In case you wondered, this is yet another example of why we need those evul fedrul reglators.
Government Is Not a Business 2
Conservatives want to “run the government like a business.”
Their business model of choice invariably seems to be Enron.
Let Wenonah Hauter explain:
Follow the link for the rest.
Facebook Frolics 0
I fear this horse is already out the barn door and into the next county.
The French order is the first significant action to be taken against a company transferring Europeans’ data to the US following an EU court ruling last year that struck down an agreement that had been relied on by thousands of companies, including Facebook, to avoid cumbersome EU data transfer rules.
Details at the link.
Chartering a Course of Disaster 0
The Philadelphia Inquirer autopsies a defunct charter school. A snippet:
And a whistle-blower suit contends a former Ed Plus administrator lost his job after he alleged wrongdoing, including failing to provide working computers for all students, using an untested curriculum developed by the CEO’s mother and spending resources on a secret learning center that was actually a homeschooling network that included the CEO’s children.
Read the whole thing, then ask yourself why anyone ever thought destroying public education so as to divert the funds to private concerns was a good idea. (The only answer I can see to that question is this: it diverted attention from true cause of problems in public education–the failure to adequately fund it in the first place.)
The Snaring Economy 0
Evgeny Morozov reveals the dirty little secret behind Uber and its snaring compatriots. A nugget; do please follow the link for the rest:
(snip)
To put it bluntly: the reason why Uber has so much cash is because, well, governments no longer do. Instead, this money is parked in the offshore accounts of Silicon Valley and Wall Street firms. Look at Apple, which has recently announced that it sits on $200bn of potentially taxable overseas cash, or Facebook, which has just posted record profits of $3.69bn for 2015.
Welcome to the corporacracy.
The Fee Hand of the Market 0
In the Austin Statesman, Tara Trower Doolittle exposes the con inheret in the term, “health care marketplace.”
Read the rest.
“Person of the Year” 0
Donald Kaul nominates Pharma Bro Martin Skrelli as best symbolizing 2015. A snippet:
The whole thing finally caught up with the 32-year-old in December. The feds showed up and threw him in jail, from which he’s been released on $5 million bail.
Now I’m asking you: Does that make Shkreli the person of the year or what?
Do read the test.
The Rich Are Different from You and Me 0
They don’t have to pay their fair share.








