Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Politically and economically, unions are sort of an odd duck. They aren’t part of the apparatus of the state, yet they depend crucially on state protections in order to wield their power. They’re stakeholders in corporations, but often have adversarial relationships with management. Historically, unions are a big reason that the working class won many…
googleon: all A single tariff benefiting one paper factory in Washington state could prompt the loss of thousands of U.S. newspaper jobs, industry executives say. line 459 The ripple effect started with One Rock Capital Partners, a New York private equity firm that bought a paper mill in Longview, Wash., and then petitioned the Trump…
Born in the 1980’s? You’ve recovered the least from the great recession – and might be part of a lost generation for wealth accumulation. Source: A New Lost Generation – by Stats
In one generation, the Internet went from opening up new free markets to creating a series of Fake Markets that exploit society, without most media or politicians even noticing. 1. The open internet markets American culture loves to use the ideal of competitive free markets as the solution to all kinds of social problems. Though the vaunted…
Companies hiring for technical positions often slip language into their job postings that appeals to men. They say they’re looking for “ninjas,” who seek to “obliterate competition,” and are capable of “dominating.” By now, these wordings are a well understood form of bias that produces more male candidates than female. But one job in the…
Last week, seemingly every time I opened my laptop or unlocked my phone, I was presented with the same video, in which a chicken drumette is fried amber-dark, then dunked and swirled in an iridescent, vividly yellow sauce that resembles molten gold. In the next frame, a mound of the metallic wings takes on even…
When I was about 30, I was hired to be an editor at The Wall Street Journal. There was no good reason for this. I was a pretty good writer, and I knew the rules of grammar and was in general interested in a lot of stuff. But nothing on my résumé would have pointed…
Some employees in a Wells Fargo WFC +0.15% & Co. unit that handles business banking improperly altered information on documents related to corporate customers, according to people familiar with the matter. The behavior again raises questions about Wells Fargo’s risk-management practices and controls. The bank has been sanctioned in recent months by federal regulators for problems in these areas…
Leading Democrats are proposing a labor law overhaul that could extend collective bargaining rights to huge swaths of the gig economy, the latest sign of gathering blowback for companies committed to maximizing profits by denying workers rights and benefits often associated with regular employment. On Wednesday, Vermont Senator Bernie Sanders, an independent who caucuses with…
Tesla CEO Elon Musk, a billionaire, just received an unprecedented incentive-laden pay package that could earn him tens of billions of dollars. But his employees also get something: Exhortations to work faster! Tesla, you see, has made Elon Musk staggeringly wealth(ier), because it is the fabulous and wonderful future of cars, but it has a…