Thanks to streaming, recording industry revenues are back up to pre-internet levels, but musicians are poorer than ever

Since the days of Napster, record labels have recruited recording artists as allies in their fight against unauthorized music services, arguing that what was good for capital was also good for labor. Read the rest

All of Puerto Rico loses power

1.4 million people in Puerto Rico lost power yesterday in an outage that lasted for a day and left part of the island without power even after service was mainly restored. Read the rest

Tesla pulls a Trump, smears critical press outlet as "extremists"

Tesla was extremely upset to learn that the employees who'd been injured and maimed in its factories spoke to Reveal News about the unsafe working conditions and culture of cover-ups at the Tesla plants. Read the rest

Restauranteurs' association dismayed when their private poll on minimum wage reveals a nation in support of their low-paid staff

The National Restaurant Association privately commissioned GOP pollster Frank Luntz and his company LuntzGlobal to poll Americans on their support for raising the minimum wage, a policy they staunchly oppose; that poll has now leaked, and it reveals a nation that stands in solidarity with low-waged workers, with 71% of Americans supporting raising the minimum wage to at least $10, even if they have to pay higher prices as a result. Read the rest

Trump's sweetheart tax deal for economically useless financial engineering triggers a stock buyback bonanza

Stock buybacks are a form of economically useless, business-starving financial engineering that makes rich people much, much richer. Read the rest

Goldman Sachs report: "Is curing patients a sustainable business model?"

In Goldman Sachs's April 10 report, "The Genome Revolution," its analysts ponder the rise of biotech companies who believe they will develop "one-shot" cures for chronic illnesses; in a moment of rare public frankness, the report's authors ask, "Is curing patients a sustainable business model?" Read the rest

Leaked docs reveal Koch/Walton/DeVos's anti-teacher talking points

The "State Policy Network" is a coalition of 66 far-right organizations who've been given $80M by a small number of billionaires, including the Walton family (heirs to the Walmart fortune), the Koch Brothers, and Betsy DeVos; they're terrified of the teachers' uprising, in which wildcat strikes have raced across America because teachers whose unions were neutralized have been put on starvation wages in underfunded facilities. Without any union bosses to keep them in check, the teachers have demanded the world -- and they're getting it. Read the rest

How abusive bosses and Slack led software engineers to unionize and demand justice

Lanetix is your basic shitty tech company, where your two weeks of annual paid leave is subject to often-withheld managerial approval, where bosses threaten engineers with getting canned if they participate in private Slack channels where they discuss working conditions, and where high-performing software engineers who object to bad management are summarily fired. Read the rest

The other class war: technocrats vs plutocrats

After World War Two, the balance of wealth shifted dramatically: the super-rich lost so much capital during the two wars and the interwar period that their grip on power slipped, creating the space for a welfare state and other reforms. Read the rest

If this goes on... The 1% will own two thirds of the world by 2030

The House of Commons Library has published research projecting the post-2008 growth of inequality until 2030, arriving at an eye-popping headline figure: at current rates, the richest 1% will own two thirds of the world's riches by 2030. I think that number is too low. Here's why. Read the rest

To solve America's housing crisis, build public housing

You know what works better than giving tax-credits to property developers, or mandating a few poor-door accessible affordable housing units in a new luxury high rise? Just building affordable housing on public land that's publicly managed. Read the rest

New Florida law lets beachfront property owners kick people off of public coasts

A new Florida law redefines the reach of beachfront property owners' claims to "the land above the mean high-tide level." This seemingly innocuous change means that private property owners -- and their patrolling rent-a-cops -- will have vastly expanded powers to kick members of the public off of public beaches. Read the rest

Alt-labor: the new, ungovernable red-state labor movements, led by teachers

America's "red states" are often thought of as homogeneous nests of parochial reactionary voters; it's more accurate to say that their places that have been cruelly dominated by Republican lawmakers who owe their seats to gerrymandering and voter suppression that disenfranchises progressives. Read the rest

Parkland student activists drive American right berzerk, supercharge attack on public education

While people around the world were inspired by the resilience, fearlessness and savvy of the students who created a national gun-control movement in the wake of the Parkland shooting, American right-wing leaders looked at these kids and saw evidence of the urgency to destroy public education and replace it with religious private schools and charter schools. Read the rest

Even the telco industry thinks Ajit Pai is an asshole for maiming Lifeline, a broadband subsidy for poor Americans

Ronald Reagan created the Lifeline program, which gives low-income Americans a $9.25/month subsidy to spend on one of: landline, broadband, or wireless access. Read the rest

2018 tsunami: Teachers lead mass strikes in four red states that voted for Trump in 2016

After the incredible success of the West Virginia teachers' strike, teachers in Oklahoma and Kentucky walked out and now they're joined by teachers in Arizona -- all four of these are "red" states that voted Trump in 2016. Read the rest

West Virginia is contagious: mass teacher walkouts in Kentucky and Oklahoma

It's been brewing for weeks and now it's boiling over: Kentucky teachers are walking off the job en masse in statewide demonstrations triggered by dirty-tricking GOP state legislators who snuck a provision that gutted their pensions into a sewage bill; they're joined by Oklahoma teachers who have endured endless abuse and humiliation from state lawmakers (first Clintonite Democrats; then vicious TGOP types who waltzed to power after right-wing "Democrats" committed political suicide by courting the wealthy over workers), and who have refused the meager bone they were thrown, walking out again and demanding justice for all public-sector workers. Read the rest

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