Fuerdai: Paris Hilton with Chinese characteristics


China's hereditary oligarchy is in its second generation, and the fuerdai -- rich kids born to rich kids -- are a national symbol for corruption and excess, splashing social media with evidence of their debauchery. Read the rest

How Canada's Tories destroyed the country's memory, and its capacity to remember


The Canadian Conservative government's war on science, statistics and evidence have been a great boon to its ability to create policy that helps its friends and destroys the country, but the deep and arbitrary cuts to science and statistics have eroded Canada's ability to know what is happening in the country to a terrifying extent. Read the rest

Naomi Klein, David Suzuki, Leonard Cohen, Donald Sutherland and Ellen Page's vision for a better Canada

The Leap Manifesto calls for a Canada remade as "a country powered entirely by renewable energy, woven together by accessible public transit, in which the opportunities of this transition are designed to eliminate racial and gender inequality." Read the rest

UK Labour Party elects its first left-wing leader in more than 20 years

After decades of Blairite, New Labour politics that catered to banks, built out mass surveillance and attacked unions and the working poor, the UK Labour Party has elected a genuine left-wing leader, by a landslide: democratic socialist Jeremy Corbyn. Read the rest

Record street-marches in Moldova against corrupt oligarchs

The impoverished, corrupt former Soviet state has erupted over a banking fraud that saw $1B disappear from the system, presumably into the offshore accounts of President Nicolae Timofti and his elite cronies. Read the rest

Trickle-down kids' TV: Sesame Street will air on HBO 9 months before PBS

A show conceived to help low-income kids keep up with their affluent peers will now be "paywalled so that rich kids can watch it before poor kids can." Read the rest

Phil Gramm: "exploited worker" AT&T CEO "only" got $75m

The former Texas GOP Senator testified that AT&T CEO Edward Whitacre was an "exploited worker," whose $75 million golden handshake proved "bigotry that is still allowed in America...bigotry against the successful." Read the rest

How Seattle's economic boom is destroying the city

Jeff writes, "While reading Cory's recent post about leaving London reminded me more of the unaffordable real estate in Vancouver, British Columbia, it resembles some of the dramatic effects of Amazon and other technology companies driving incredible growth and development here in Seattle. Read the rest

A startup that will feed you while making airplane noises

The startup that will come to your house and put your trashcans out and bring them in again implies a dystopian world of entitled one percenters and vast, desperate piece-workers, but I never dreamed it would go as far as Here Comes the Airplane. Read the rest

Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds

When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landlords. Read the rest

Mark Zuckerberg just dropped another $100M to protect his privacy

Remember when Mark Zuckerberg declared that the age of privacy was over? Read the rest

Loopholes let billionaires duck NYC property tax

The rules for tax on NYC condos is so sinister and stultifyingly boring that it's not really surprising that they disguise a raft of loopholes that let the richest New Yorkers duck the property taxes that keep the city running. Read the rest

Marissa Mayer makes 1,100 Yahooers jobless, calls it a "remix"

Why would a CEO be so tone-deaf as to call a mass-firing a "remix?" Because the only audience that matters today are shareholders, not the public. Read the rest

Privilege: you're probably not the one percent

If you live near a Whole Foods, if you don't have a relative in jail, if you don't know anyone on meth, you're not in the one percent. Read the rest

Obama moots mandatory voting

I agree that mandatory voting is a powerful check against moneyed interests hijacking the government, but Australia, which has both mandatory voting and preferential ranked ballots, has still managed to elect some fucking awful politicians. Read the rest

IT feudalism: the surveillance state and wealth gaps

My latest Guardian column examines the relationship between technology, surveillance and wealth disparity -- specifically the way that cheap mass surveillance makes it possible to sustain more unequal societies because it makes it cheaper to find and catch the dissidents who foment rebellion over the creation of hereditary elites. Read the rest

Finnish millionaire gets EUR54K speeding ticket

Finland has progressive fines for driving offenses, so the more you earn, the more you pay. Read the rest

More posts