Walmart holds food drive...for Walmart employees (again!)


Once again, a Walmart store has set out a collection box for food donations to support its own employees, who are paid so little that they depend upon social assistance (and public generosity) to survive.

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$100K life-size T-Rex skeleton replica


It's 40' long from nose to tail, is composed of 190 bones, is billed as "museum grade" and comes with an assembly crew that will stage it in any "anatomically possible" pose. His name is Stan.

American businesses devour themselves to enrich the 1%


A Goldman Sachs report on stock buybacks shows a suspicious clustering in the fourth quarter, just when management bonuses are being calculated.

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HK police arrest "triad gangsters" who attacked Umbrella Revolution camps


The protesters accuse the police of working with the thugs, who wore masks as they attacked the encampments; the violence has led to postponement of the planned talks between the Umbrella Revolution leaders and the Hong Kong administration.

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Walmart heirs' net worth exceeds that of population of a city the size of Phoenix


It's grown 6,700% since 1983, to $144.7B in 2013 -- greater than the net worth of 1,782,020 average Americans.

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Daughter of Hong Kong leader thanks "taxpayers" for diamonds on Facebook


Chai Yan Leung thanked the taxpayers who paid for it, and then dismissed her critics as non-taxpayers, since employed people wouldn't have time to comment on Facebook.

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Canadian gov't economists insist that stats on collapsing middle class mean just the opposite


Dave sez, "Last year, Employment and Social Development Canada put together a report suggesting that the Canadian middle class has seen wage stagnation and is experiencing record levels of debt; Finance Canada felt that this 'appears to conflict with the general message in Budget 2014 and previous internal briefings' so they made a new report -- that says the opposite, while looking at the same data."

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Market Basket victory: worker-friendly, fair business trounces looting klepto-investors


(WBUR)

The beloved, profitable, worker-friendly Market Basket grocery chain is back in the hands of former CEO Arthur T Demoulas, following a mass worker and management revolt at the news that Demoulas's cousin, Arthur S Demoulas, was taking over the company, bringing in a notorious former Radio Shack CEO, and getting set to break up and sell off the company in order to extract higher dividends for shareholders.

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Infamous SF "eviction" lawfirm abuses DMCA to censor video of protest

The offices of Bornstein and Bornstein are notorious for running "boot camps" advising San Francisco landlords on legal loopholes for evicting long-term tenants so they can rent to the high-flying tech sector.

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Trans Pacific Partnership meeting switched from Vancouver to Ottawa, ducking critics


What could make the secretive Trans Pacific Partnership process even less legit?

Moving it at the last minute, under cover of darkness, from Vancouver to Ottawa, in order to avoid critics of the treaty and how it is being negotiated. The TPP is a secretive treaty that allows corporations to sue governments that enact environmental, health and governmental regulations that interfere with their profits. It also calls for vastly expanded Internet spying and censorship in the name of protecting copyright.

Only trade negotiators and corporate lobbyists are allowed to see the drafts of the agreement (though plenty of these drafts have leaked) -- often times, members of Congress and Parliament are denied access to them, even though the agreement will set out legal obligations that these elected officials will be expected to meet.

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Dear fellow zillionaires: they're coming for us with pitchforks


Nick Hanauer, a hereditary millionaire who increased the family fortune with some shrewd early dotcom inventions has written an open letter to his fellow "zillionaires" warning that their corruption of the US political system has given rise to an unstable situation of wealth inequality that has turned their potential customers into impoverished pitchfork-wielding revolutionaries who are coming for their heads.

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Larry Lessig explains how Mayday.US can win the fight on corruption


Slashdot recorded a must-watch video with Lawrence Lessig about the Mayday.US anti-PAC that is raising money to elect politicians who'll enact meaningful campaign finance reform.

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British Airways' "Happiness Blanket" sensor detects the totally obvious


British Airways is trialling an in-flight sensor blanket called the "Happiness Blanket" to determine what makes first class passengers happy.

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Rich get richer, faster

A research report from business school professors at Imperial College, Columbia and U of Maryland found that wealthy investors get returns on bonds and stocks that are "up to 70 per cent times greater returns on their investments than those with modest wealth." This is a point that Piketty makes strongly, backing it up by analyzing data from the Harvard endowment, which gets 10% returns on its ~$80B nest-egg, while the rest of us barely clear inflation with our savings.

Thomas Piketty's Capital in the 21st Century

Thomas Piketty’s Capital in the 21st Century is a bestselling economics tome whose combination of deep, careful presentation of centuries’ worth of data, along with an equally careful analysis of where capitalism is headed has ignited a global conversation about inequality, tax, and policy. Cory Doctorow summarizes the conversation without making you read 696 pages (though you should).

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