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Not sure about the bandaid solutions provided in this article. Hiding likes may obfuscate our attraction to outrage but it doesn’t do anything to undermine the attention metrics that these platforms run on. As long as info is personalized and promoted according to what the algorithm thinks we are most ...Read More
“Consumer welfare,” rather than citizen welfare, is our primary concern. We assume that rising share prices signify something good for the economy as a whole, as opposed to merely increasing wealth for those who own them. In this process, we have moved from being a market economy to being what ...Read More
"The fraud investigator who blew the whistle on Bernard Madoff’s Ponzi scheme has accused General Electric of committing “a bigger fraud than Enron”, sending its stock into a tailspin. The shares of the all-American conglomerate fell as much as 15 per cent on Thursday after Harry Markopolos published a report ...Read More
“Walmart is taking down displays of violent video games in its stores in the wake of recent shootings. But the company plans to still sell the controversial video games -- and guns. The change in policy does not apply to the sale or display of actual firearms. As the nation's largest retailer, Walmart is also one of the largest sellers of guns and ammunition in the world. ...Read More
“Artnet said “two principals involved in the transaction” had told its reporter that “the work was whisked away in the middle of the night on MBS’s plane and relocated to his yacht, the Serene”.” #art #culture #royalty #markets
“Material or energy dematerialisation is simply not enough. It must be accompanied by an economy built on care and responsibility, rather than profit, growth and self-interest if it is to have any long-term impact. This is a small but absolutely crucial step towards attaining the authentic desires for sustainability that ...Read More
"Nine years ago, Adam Neumann discovered he could make office spaces fun and charge extra for the “community.” How did he build WeWork into a $47 billion company? Not by sharing."
Cancer is still around in large amount due to the success of the Chemical industry and their lobby. #Teflon