Amazon's tax bill in 2017 was $0. Trump was very vocal in his disgust at this situation and pledged he would make them pay their fair share. It's been a year, and Amazon's profits are way up ($11.2 billion!) but their tax bill remains precisely $0.00. — Read the rest

California has such a huge undersupply of housing — and oversupply of housing speculators — that affluent homebuyers have effectively rendered the state's major cities unaffordable for all but the very wealthy, even pushing into neighborhoods that were historically undesirable due to poverty, poor housing stock and crime.

After news broke that Peter Thiel and Mark Zuckerberg had consumed a secret White House dinner with Donald Trump, Elizabeth Warren characterised it as part of Facebook's "charm offensive with Republican lawmakers" in response to her call to use antitrust law to break up Facebook, calling the move "corruption, plain and simple…how the government keeps working for giant corporations and the wealthy and well-connected."

In Do Consumers Make Less Accurate Decisions When They Use Mobiles?, a study by researchers at Ben Gurion University accepted for presentation at next month's International Conference on Information Systems in Munich, the researchers seek to discover why consumers spend more money on ecommerce sites when using mobile devices than when they use laptops and other, larger screens.

The percentage of millennials planning to "always rent" is up about 25% from last year, to 12.3%, based on Apartment List's annual survey; the factors behind this are primarily high house prices and high levels of indebtedness, driven primarily by student debt.

The China Law Blog (previously) reports on the kinds of questions that western businesses operating in China are raising; China's serious economic downturn and rising authoritarianism have turned the site's normally businesslike posts into a glimpse of a kind of cyberpunk stranger-than-fiction dystopia (for example).

Robert Skidelsky is an eccentric British economist: trained at Oxford, author of a definitive three-volume biography of Keynes, a Lord who sat with the Tories as their economics critic during the Blair regime, who now sits as an independent who is aligned with Labour's left wing. — Read the rest

Zeynep Tufekci (previously) has been in Hong Kong reporting on the protests for months, and she's witnessed firsthand the failure of every prediction that the uprising would end soon — but despite the mounting numbers and militancy of protesters, she reports that the protesters are not animated by hope or optimism, but rather, a fatalistic understanding that they will lose eventually, and a determination to go down fighting.

The energy budget for a traditional shower for every person on the planet would exceed the entire world's (present-day) supply of wind power: even as we bring more renewables online, the energy consumption for planetary daily hot showers just doesn't pencil out.

Surprise billing — when your urgent or emergency medical care results in massive bills that your insurer won't cover — are a life-destroying phenomenon for an increasing number of Americans, who not only can't shop around for an emergency room from the back of an ambulance, but who also have no way to learn in advance whether their visit will generate five- or even six-figure bills.

The Fed's latest figures on American household wealth paint a rosy picture — in the aggregate. US households now own a record-breaking $107T worth of assets!

A post called "The Right Way to Reduce Your China Product Costs" on China Law Blog (previously) sounds like pretty anodyne stuff, but it turns out to be a catalog of several technothrillers' worth of ultra-weird, real-world skullduggery and chicanery from the world of late-stage capitalism and trade war.

Former tech worker Kshama Sawant (previously) won an unprecedented victory in 2013 by running for Seattle city council as on the Socialist Alternative ticket, raising unprecedented sums in small-money donations, and then winning the election after a last-minute surge in the polls.

Disney has always been a problematic company, from its crypto-minstrelsy (and not-so-crypto-minstrelsy) to its perpetual copyright extensions to its censorship activities to its gender stereotyping to its anti-union work and so on, but, as anti-monopoly activist Matt Stoller (previously) writes, under CEO Bob Iger the company has changed into an entirely different kind of corporate menace: a monopolist committed to crushing competition, rather than an entertainment company that — whatever its other sins — was ferociously committed to making movies, TV shows, theme parks, art and toys.

After 11 days, Chicago's teacher's strike is at an end, with the city agreeing to the majority of the union's demands, including: higher pay, limits on class sizes, a nurse and social worker in each school, 120 new "equity positions" (librarians, counselors and restorative justice coordinators), bilingual/special ed educators, and five make-up days for teachers and students to compensate for part of the missed instructional calendar.

The announcement of a UK General Election on Dec 12 — the third in less than five years! — was attended by predictable rises in the numbers of people registering to vote, but as official statistics show, the end of October saw a massive spike in voter registration among under 45s, led by under-25s and 25-34 year olds.

Yougov conducted a poll with the Victims of Communism Memorial Foundation and found that 70% of millennials would happily vote for a socialist and that half of millennials and Gen Z have an unfavorable view of capitalism — all figures that have climbed since the same poll was conducted last year. — Read the rest

Sidewalk Labs (previously) is a "smart city" company that was spun out of Google, though it remains owned by Alphabet, Google's parent company; Sidewalk Labs's first major outing is a planned "experimental city" on Toronto's lakeshore, and it's been a disaster, from the bullying it used to get the project's initial approval to being outed for sneaking a massive expansion into the agreement and then lying about it, to mass resignations by its privacy advisors, who denounced the project as a corporate surveillance city whose "privacy protections" were mere figleafs for unfettered, nonconsensual collection and exploitation of residents' data.

49% of Bernie Sanders supporters are white; compare with Biden (56%) and Warren (71%). Sanders also leads in support from women under 45. Last quarter, Sanders outraised every other candidate, and he did it with small money donations averaging $18.07.

Two new notes from the tactical evolution of the pro-democracy movement in Hong Kong, which continues to build on its incredible iconography and its DIY hardware.