I've always been fascinated with dumpster diving: my first feature sale to Wired (21 years ago!) told the tale of Darren Atkinson, the most successful high-tech diver I know. Read the rest

My latest Locus Magazine column is DRM Broke Its Promise, which recalls the days when digital rights management was pitched to us as a way to enable exciting new markets where we'd all save big by only buying the rights we needed (like the low-cost right to read a book for an hour-long plane ride), but instead (unsurprisingly) everything got more expensive and less capable. Read the rest

After Deadspin's Laura Wagner published an incredible, brave, detailed look at how her new private equity masters -- Jim Spanfeller/Great Hill Partners -- were running Gawker now that they'd acquired it from Univision, the company (now called "G/O Media") struck back. Read the rest

Sometimes, it's hard to prove that your shitty boss violated federal labor law by threatening to fire you for talking to a union organizer. Sometimes, it's not. See you in court, Dave Portnoy. (via /r/LateStageCapitalism/) Read the rest

In 2017, science fiction author Christopher Brown burst on the scene with Tropic of Kansas, an apocalyptic pageturner about martial law in climate-wracked America; now, with his second novel, Rule of Capture, Brown turns everything up to 11 in a militarized, oil-saturated, uninhabitable Texas where private mercs, good ole boys, and climate looters have plans to deliver a stolen election to a hyper-authoritarian president. Read the rest

The Commonwealth of Massachusetts is not the first state to sue Purdue Pharma, members of the Sackler family (who own the company), and other board members for their role in deliberately seeking to addict people to their powerful opioid Oxycontin, but unlike other states, Massachusetts is conducting the suit in the public eye, targeting a court judgment rather than a quiet settlement with an accompanying gag-order. Read the rest

Writing in Wired, political scientist Henry Farrell points out what should be obvious: we're going to pay for climate change (that is, either we're going to rebuild the cities smashed by weather and take care of the people whose lives are ruined, or we're going to pay to cope with the ensuing refugee crisis), so the question isn't "how can we possibly pay for climate change?" but rather, "Will the people who profited from pumping CO2 into the atmosphere pay, or will their victims be left on the hook for their greed and recklessness?" Read the rest

Private equity firms like Blackstone and KKR have acquired massive health companies like Teamhealth and Emcare, which bill out doctors to the hospitals they work for, taking those doctors out of the hospitals' insurance agreements and massively hiking their fees -- that's why when you go to a hospital, even one that's covered by your insurer, you still end up with massive surprise bills for your care. Read the rest

Yesterday, I published a brief analysis of Elizabeth Warren's plan to close the loopholes that allows private equity to defraud investors, creditors and workers to make billions while destroying the real economy. Read the rest

Elizabeth Warren's bid for the Democratic 2020 presidential nomination has been dominated by a series of bold, detailed policy proposals that are designed to enact deep, structural changes in American law and policy to reverse 40 years of post-Reagan corruption and wealth accumulation by the richest 1%. Read the rest

The world is full of corrupt oligarchs looking to smuggle their money out of their countries and put it somewhere where the rule of law that they have helped to dismantle at home still reigns; a favourite safe asset class is luxury housing in major cities, which is viewed as easy to sell on short notice due to the large supply of other money-laundering oligarchs. Read the rest

In most countries, you don't have to pay an accountant to prepare your tax return: the government already knows how much you made, so every year they just send you a pre-filled in form to check over and sign. Read the rest

Back in 2017, The Nation ran a superb, in-depth story on "heirs' property," a legalized form of property theft that allows primarily rich white developers to expropriate land owned by the descendants of Black slaves. Read the rest

Tailor Saleh Alnahdi is courting the conservative Saudi gentleman who still worried about being gunned down in the street with a line of bulletproof thobes and abaya, lined with Aramid ("a little more expensive than kevlar") and complying with the US National Institute of Justice Body Armor Compliance Certificate requirements. As @evacide quipped: "This is not what I was expecting from the dystopian cyberpunk present, but here we are." Read the rest

Every day, the world's poorest countries lose $3b in tax revenues as multinationals sluice their profits through their national boundaries in order to avoid taxes in rich countries, and then sluice the money out again, purged of tax obligations thanks to their exploitation of tax loopholes in poor nations. Read the rest

Methodist University Hospital in Memphis is a nonprofit: it pays virtually no local, state or federal tax; but unlike other Methodist hospitals, Methodist University Hospital is relentless in pursuing medical debts from indigent patients. The hospital owns its own collection agency, and is one of the leading litigants in Tennessee's debt courts. Read the rest

18 of the richest people in America have sent a letter to all the candidates for the 2020 Democratic presidential nomination, demanding that their election platform include a annual wealth tax on the largest American fortunes, something advocated by economist Thomas Piketty in his blockbuster book Capital in the 21st Century and subsequently integrated into Elizabeth Warren's campaign platform (with Piketty's endorsement). Read the rest