It’s past time to hold Big Pharma accountable for the opioid addiction crisis. The staff here is pleased to see cities and states taking the lead.
The profits companies have made from these drugs needs to be plowed into mitigating the effects and helping people end their addictions.
This is a model we should consider for other corporate evils. How about suing the coal fired energy producers?
With Overdoses on Rise, Cities and Counties Look for Someone to Blame https://nyti.ms/2oXEKAJ
It’s harder to change the culture of harassment at corporations than they would have you believe. The story of Ford and their employees’ treatment of fellow female workers in the last twenty years is despicable. This is where culture change really needs to happen.
Women who work under these conditions who are told they are disloyal for speaking up have been failed by numerable organizations, not least of which: their unions.
The culture change we need is more than just fair treatment of women or even anyone other than white men. We need a culture change which says people are more important than profits. We have to embrace the belief that our citizens are our most important asset not our profit making entities. Along side this change will come an acceptance that marginalized groups like women and minorities cannot be mistreated in the name of capitalism.
much less attention has been focused on the plight of blue-collar workers, like those on Ford’s factory floors. After the #MeToo movement opened a global floodgate of accounts of mistreatment, a former Chicago worker proposed a new campaign: “#WhatAboutUs.”
How Tough Is It to Change a Culture of Harassment? Ask Women at Ford https://nyti.ms/2oMtVRY
Ted Chiang makes an impressive case for AI being an example of runaway capitalism which is the greater threat to humanity.
when Silicon Valley tries to imagine superintelligence, what it comes up with is no-holds-barred capitalism.
we are already surrounded by machines that demonstrate a complete lack of insight, we just call them corporations.
There’s a saying,popularized by Fredric Jameson, that it’s easier to imagine the end of the world than to imagine the end of capitalism.
Tech culture is just corporate culture which had a shiny gloss for a minute. The media is pivoting from puff pieces and the real deal will now be shown.
It feels ugly and rotten. Facebook, the greatest startup success story of this era, isn’t a merry band of hackers building cutesy tools that allow you to digitally Poke your friends. It’s a powerful and potentially sinister collector of personal data, a propaganda partner to government censors, and an enabler of discriminatory advertising.
In 2008, it was Wall Street bankers. In 2017, tech workers are the world’s villain. “It’s the exact same story of too many people with too much money. That breeds arrogance, bad behavior, and jealousy, and society just loves to take it down,”
The 1% against the rest of us.
Labor unions are the common man’s friend. There is just no excuse for shutting a viable business to spite your employees.
This week, we learned just how horrifying some rich people find the idea of employees coming together to improve their workplace.
Instead of bargaining with 27 unionized employees in New York City, he chose to lay off 115 people across America.
Labor unions have done more for the average American than all the rich industrialists put together. Unions are a legal right and the single most powerful tool that regular working people have to improve their lot. DNAinfo and Gothamist employees, who did the fundamentally important work of telling us all what is happening in our cities, were punished for exercising their rights.
Digital media workers have unionized because they understand how they are being exploited at work, and how to fix it.
A Billionaire Destroyed His Newsrooms Out of Spite https://nyti.ms/2hDyvvR
A few corporations are tearng apart our world while handing us scraps, and yet we love them. This is one of those articles to ignore, but it had a few words worth sharing.
the tech industry is decimating the rest of the planet’s wealth and stability.
Its companies — especially the Frightful Five of Apple, Amazon, Google, Facebook and Microsoft, which employ a select and privileged few — look poised to systematically gut much of the rest of the economy. And while Silicon Valley’s technologies could vastly improve our lives, we are now learning that they may also destabilize great portions of the social fabric — letting outsiders wreak havoc on our elections, fostering distrust and conspiracy theories in the media, sowing ever-greater levels of inequality, and cementing a level of corporate control over culture and society unseen since the days of the Robber Barons.
Should the Middle Class Invest in Risky Tech Start-Ups? https://nyti.ms/2yrOwLi
It seems the be the enduring economic argument of our times. Are companies more important than people?
Our politicians know the answer. Corporations pay them lots. People don’t. When will we seek a government for the people not a government for profiteers?
In 2010, the Consumer Financial Protection Bureau, which I direct, was authorized to study mandatory arbitration and write rules consistent with the study. After five years of work, we recently finalized a rule to stop companies from denying groups of consumers the option of going to court when they are treated unfairly.
Opponents have unleashed attacks to overturn the rule, and the House just passed legislation to that end. Before the Senate decides whether to protect companies or consumers, it’s worth correcting the record.
First, opponents claim that plaintiffs are better served by acting individually than by joining a group lawsuit. This claim is not supported by facts or common sense. Our study contained revealing data on the results of group lawsuits and individual actions. We found that group lawsuits get more money back to more people. In five years of group lawsuits, we tallied an average of $220 million paid to 6.8 million consumers per year. Yet in the arbitration cases we studied, on average, 16 people per year recovered less than $100,000 total.
Not only do group lawsuits help consumers recover money they otherwise would forfeit, but they also protect many more consumers by halting and deterring harmful behavior. For example, when banks reordered bank debits to charge more overdraft fees, consumers sued and recovered $1 billion. Most banks have since stopped the practice.
Let Consumers Sue Companies https://nyti.ms/2vjWRyP