late stage capitalism Texas Instrument's post-#taxscam budget for financial engineering is $5B — triple its budget for actual engineering Cory Doctorow
late stage capitalism Ukrainian oligarchs accused of laundering $470b, buying up much of Cleveland Cory Doctorow
usausausa Reverse mortgages: subprime's "stealth aftershock" that is costing elderly African-Americans their family homes Cory Doctorow
law After American juvenile offenders are released, they can be re-imprisoned for failing to make restitution payments Cory Doctorow
uk On Grenfell's second anniversary, 60,000 Britons are still living in firetraps clad in the same deadly, decorative materials Cory Doctorow
guillotine watch Pharma company will pay $15.4m in fines for bribing docs to prescribe an overpriced med that brings in $1b/year Cory Doctorow
guillotine watch New Jersey law would force Verizon to pay the taxes it avoided for a decade Cory Doctorow
Business For the first time since the 70s, New York State is set to enshrine sweeping tenants' protections Cory Doctorow
late stage capitalism Wealth is correlated with greed, dishonesty and cheating — are these effects or a causes? Cory Doctorow
Business Chinese environment ministry finds widespread pollution coverups and corruption at the local government level Cory Doctorow
corruption The UK grew rich by looting the world; now it launders billions for other looters Cory Doctorow
music The "Uber of Live Music" will charge you $1100-1600 to book a house show, pay musicians $100 Cory Doctorow
Business Pangea raised $180m to buy up low-rent Chicago properties "to help poor people," and then created the most brutally efficient eviction mill in Chicago history Cory Doctorow
late stage capitalism AOC grills pharma exec about why the HIV-prevention drug Prep costs $8 in Australia costs $1,780 in the USA Cory Doctorow
Business Foxconn promised it would do something with the empty buildings it bought in Wisconsin, but they're still empty (still no factory, either) Cory Doctorow
trumpism AT&T promised it would create 7,000 jobs if Trump went through with its $3B tax-cut, but they cut 23,000 jobs instead Cory Doctorow
corporatism Beto O'Rourke just hired a "senior advisor" who used to lobby for Keystone XL, Seaworld and private prisons Cory Doctorow
