Mammon category archive
If One Standard Is Good, Two Must Be Better 0
Dick Polman continues to decry the disparate treatment.
Well. We know what would happen.
More both sides not at the link.
The Snaring Economy 0
One more time, Uber and Lyft are nothing more than gypsy cabs with cellphones.
The Mills of Diploma Grind the Exceedlingly Fine 0
Warning: Language.
Facebook Frolics 0
Conspicuous consumption frolics:
(snip)
But often, there’s something deeper going on: “We are socially comparative creatures by nature,” says psychologist and author Nancy Irwin. And the use of social media makes comparisons to others just a scroll or a click away: “Social media can be the modern day version of ‘Keeping up with the Joneses,’” she says, and some people “feel inferior if someone they know has a shinier or bigger toy than they do.”
Libertarianism, a Sucker’s Game 0
Thom gets a bit heated towards the end.
Prisoners of the Privatization Scam 0
Warning: Language.
The Snaring Economy 0
Gypsy cabs.
(snip)
“We do not take lightly the fact that the civil penalty imposed in this case is the largest in this Commission’s history,” the chairman and vice chairman of the PUC said in a joint statement. “However, the reason the penalty is so large is because we were faced with an unprecedented number of violations committed by Uber.”
A. Workers in China 0
Q. Who polishes the Apple?
El Reg reports
(snip)
“Currently, Apple’s profits are declining, and the effects of this decline have been passed on to suppliers. To mitigate the impact, Pegatron has taken some covert measures to exploit workers.”
Follow the link for the complete story.
Only In It for the Money 0
Wendell Potter doesn’t try to hide his disgust at Aetna’s antics.
If that means making it more difficult for low- and middle-income Americans to get the medical care they need, so be it. “Too bad, so sad,” to use a phrase one of my former colleagues used to say when people complained about the way health insurers routinely screw their customers.
(snip)
In fact, it is Aetna’s government business (Medicare and Medicaid–ed.) that is the only segment that is growing. Aetna and most of the other for-profit insurers have been losing private-paying customers on a regular basis for some time. But not to worry. As long as Uncle Sam has the Medicare and Medicaid faucets wide open and flowing straight into the insurers’ bank accounts, they couldn’t care less.
Read the rest.