0.5% of Americans given $200 or more in campaign contributions, accounting for 66% of all campaign funding, but that's nothing: only 0.0001% give $10,000 or more, and their donations are 38% of all the money sloshing around in US electoral campaign coffers. Read the rest
London is the epicentre of the British affordable housing crisis, and while there are over 500 high-rises under construction in the capital, consuming nearly every available lot, virtually every one of these towers is designed to serve the high-end luxury market (despite plummeting prices in this category), whose anonymous offshore buyers often never occupy or rent out the flats they buy, merely holding them to flip them later. Read the rest
Bernie Sanders and Yanis Varoufakis (previously) (the "libertarian Marxist" former Greek finance minister who split with his party and resigned over their embrace of austerity) have announced the formation of a new global organizations called "Progressives International," designed to serve as a check to the rising cult of ultra-nationalist authoritarian groups. Read the rest
On October 5, the Journal of the American Academy of Dermatology published a peer-reviewed article by Drs Sailesh Konda and Joseph Francis, enumerating the problems with the burgeoning field of "corporatized," private-equity-backed dermatology practices, often affiliated with private-equity-backed pathology labs, showing data to support the conclusion that private equity investment flowed to dermatology practices that were "outliers" in performing rare, high-cost procedures, including some that generated outsized Medicare billings. Read the rest
Since its publication in August, Anand Giridharadas's Winners Take All: The Elite Charade of Changing the World has been tearing through the world, changing the way we think about inequality, philanthropy and elites; Giridharadas is an Aspen Institute Fellow who's long traveled in elite circles, but who concluded that the philanthropy of the super-rich isn't just an inadequate substitute for a fairer world -- it's actually part of the system that perpetuates the gross unfairness of mass inequality. Read the rest
America has some of the weakest anti-pregnancy-discrimination rules in the world (the federal statute says that companies only have to give pregnant people lighter duties if they make similar accommodations for those "similar in their ability or inability to work); and this has produced an epidemic of workplace miscarriages among women who have frequently begged their supervisors for lighter duties, even presenting doctor's written notes with their pleas. Read the rest
San Francisco has a homelessness epidemic that is both heartrending and a threat to public health, and it has only worsened for decades, and continues to get worse even now. Read the rest
Tenants in California have received threatening letters from their landlords promising massive rent hikes if Proposition 10 (previously), which restores rent control, passes. Read the rest
A batch of internal Harvard admission-related emails have come into the public domain as part of a lawsuit alleging that Harvard discriminates against Asian applicants, and they reveal that the admissions process is tilted in favor of members of families who are major donors to Harvard. Read the rest
Update: An earlier version of this article misidentified Dick's Towing of Everett as the Dick's Towing of Seattle involved this this story. I apologize to Dick's of Everett for the error.
Seattle is in the grips of a dire housing emergency (though the city has money to burn when it comes to subsidizing multi-billion-dollar sports teams); Amanda Ogle is one of the many people in Seattle living out of a car, in her case, a 1991 Camry. Read the rest
114,659 of New York's public school students is homeless, bouncing from shelters to relatives' beds: homelessness is a predictor of poor academic performance for all the obvious reasons, including very long commutes to school (some students' families have ended up at shelters that are two boroughs away from their schools). Read the rest
Jared Kushner borrowed money to put down tiny down-payments on properties, paid himself millions from the rents generated by those properties, then used aggressive depreciation markdowns to declare an operating loss every year, meaning that he paid no tax at all from at least 2012 to 2016, and very little tax in the three years proceeding it. Read the rest
California is one of the hot-zones in the world's urban housing crisis, driven by a combination of opposition to highrise/high-density living and the mass purchase of foreclosed properties following the 2008 crisis by giant Wall Street landlords who have steadily ratcheted up rents and evictions in a big to safeguard the flow of payments to bondholders who get a share of the rents extracted from struggling tenants living in dangerous, substanding housing. Read the rest
Since the Thatcher years, the UK has built itself into a powerhouse money-launderer, selling financial secrecy to the world's most corrupt and vicious looters; but with a Labour victory looking more likely with each passing day, the super-rich of Britain are starting to panic. Read the rest
When workers at an Ikea in Stoughton, Massachusetts expressed interest in forming a union, the company responded with an illegal anti-union crackdown that culminated in locking workers into a conference room and forcing them to watch anti-union slideshows that workers described as "scaremongering". Read the rest
Ontario's "A Plan for Fair Workplaces and Better Jobs" (AKA Bill 148) legislates leave for domestic abuse survivors, provides for 10 days of paid emergency leave, three weeks paid vacation after five years' employment, and a ban on employers requiring their employees to wear high heels. Read the rest
