An industry like no other, with profit margins to rival Google Abstracted from an article by Stephen Buranyi in the Guardian ….. Scientists create work under their own direction – funded largely by governments – and give it to publishers for free ….. it is as if the New Yorke[...]
Posts Tagged ‘Corporatism’
Failure of Democracy in The US
Secrecy Surrounding Senate Health Bill Raises Alarms in Both Parties Senate leaders are writing legislation to repeal and replace the Affordable Care Act without a single hearing on the bill and without an open drafting session. NYTIMES.COM[...]
AMAZON TO BUY WHOLE FOODS
AMAZON TO BUY WHOLE FOODS David Brewster So Amazon is buying Whole Foods. Does this mean, as this article argues, that Amazon wants to take over the whole world? “The grocery stocks are down today, but they shouldn’t be the only companies trembling: Google, Apple, and even Uber are threatene[...]
CAPITALISM
CAPITAL is not the same thng as capitalism. The free market is important because it generates capital. The issue is whether we need lazy heirs and wasteful plutocruds to generate that capital?[...]
Will Trump Sell Out US Highways, Bridges and Airports to Goldman Sachs?
Crony Capitalism writ BIG (excerpted from an article in the Internationmal Business Times) Gary Cohn, former president of Goldman Sachs, is spearheading the administration’s infrastructure policy. The policy is detailed in Trump’s six-page infrastructure initiative including $200 bi[...]
Should North Korea Buy Shares in Rocket Lab?
While the world rightly shows angst over the missile capabilities a US private form, Rocket Lab. last week successfully launched its 56-foot-tall Electron rocket for the first time. The relatively tiny vehicle designed to ferry small payloads to orbit reached outer space around 20 minutes past [...]
AFTER TRUMP: Wealthy Chinese can buy their way into the U.S. with a little help from the Kushners.
Kushner Family Markets US Citizenship at a Great Price even as Donald Trump feverishly cracks down on immigration the Washington Post and New York Times: Jared Kushner’s sister. Nicole Meyer told a Beijing ballroom filled with more than 100 wealthy Chinese investors that $500,000 paid to the[...]
Flying Cattle Cars
Airlines Have Basically Given Up On Trying To Make Us Comfortable By Suzy Strutner and Ben Walsh Now one major carrier is taking legroom to new lows. [...]
Will California Go Single Payer?
California Health Care Bill As California legislature considers a single payer bill based on Medicare, millions are being spent lobbying against the effort to use the huge California economy as a test bed for the long-sought goal. Progressive groups now hope that California lawmakers will pass a[...]
Will Trump Survive A Stay in Jerusalem’s “Best” Hotel?
Maybe Trump Will Buy It? These are Trump’s digs in Jerusalem. The King David Hotel was built in the 1930s by Ezra Mosseri, a wealthy Egyptian Jewish banker, who wanted to create an enduring symbol of luxury in what was then British Mandated Palestine. Since then the King David has been t[...]