Hasbro's got a new foam dart gun, the $50 Nerf Ultra One blaster, and to make sure that owners of this toy arrange their affairs to the benefit of Hasbro's shareholders, the company has engineered a digital rights management system that detects and refuses to fire third-party darts, which sell by the hundreds for just […]
John Overholt from Harvard's Houghton Library spotted a paper towel dispenser whose prominent EULA prohibits refilling it with non-Tork brands of towels, with Tork vowing to "enforce its rights under applicable laws and agreements."
LA has the nation's worst homelessness problem, a (literal) epidemic so terrible it distorts the national statistics.
Natalie Brennan is general manager of Muffin Break — a multinational fast-food franchise business owned by Foodco — and she's really angry that today's young people will not work for her for free.
The era of finance capitalism is marked by a curious shift in the desire of the business world: to get out of the business of making things people use, and into the business of getting money for owning, extracting and/or liquidating things.
For most of a century, AT&T ripped off its customers by requiring them to rent their phones, meaning that over the life of your phone subscription, you would buy your phone thousands of times over.
The Eviction Lab is a collaboration between Princeton University and Matthew Desmond, author of Evicted: Poverty and Profit in the American City Paperback; the lab's team gathered the court records of ever landlord-tenant proceeding in every court in every county in America for the past 16 years.
The web blew up at the same time as the Reagan/Clinton/Bush financial bombs were detonating, leading to a huge private equity bubble in which super-wealthy Americans used debt financing and other forms of financial engineering to buy out successful companies, then hollowed them out, selling off their real-estate and plant, loading them up with debt, […]
The web came of age with no-holds-barred finance capitalism, so it's hard to decide which of the last twenty years' worth of changes are the result of the tech industry, or of financialization, or a toxic mix of both.
Extreme housing prices in California — driven by a combination of speculation, favorable legal/tax positions for landlords, foreclosures after the 2008 crisis, and an unwillingness to build public housing — has created vast homeless encampments, but there's a less visible side to the crisis: working people in "good jobs" who have to live in their […]
Peter Thiel thinks that it was a mistake to let women vote; that democracy is incompatible with "freedom" (because poor people will tax rich people if they get to elect their own leaders); that the major problem with the mass government surveillance that Edward Snowden revealed was that it was incompetently conducted (which is why […]