Capitalism
Report recommends limiting data retention and sharing, restricting targeted advertising, and strengthening protections for teens. A new Federal Trade Commission staff report that examines the data collection and use practices of major social media and video streaming services shows they engaged in vast surveillance of consumers in order to monetize their personal information while failing
Capitalism
The term neoliberalism is often criticized because it is used in various ways and understood differently by different people. It’s a slippery concept, but one could also say that about liberalism or democracy or conservatism. Each of these words is tricky and takes on different shapes in different times and places, and that’s true of
Capitalism
is a concept in political economics which denotes the widespread collection and commodification of personal data by corporations.
Capitalism
Political preferences are often discussed through a one-size-fits-all middle-class lens. But empirical data shows that class significantly influences voting patterns, with growing class consciousness driving dissatisfaction with established parties. Karl Marx’s most profound insight was recognizing how commodity fetishism — the fixation on simple commodities themselves — obscures the ways that workers’ labor shapes most
Capitalism
Of all the enemies of democracy and freedom, Friedrich August von Hayek was probably the smartest. At least, he was the most influential: the structures of today’s global economy — the European Economic and Monetary Union, central banks, “balanced budget amendments” to national constitutions, and “free” trade agreements guaranteeing capital’s future profits — are essentially
Capitalism
Libertarians argue that capitalism is superior to socialism because in capitalism anyone is free to do anything — including start a worker cooperative. In truth, capitalism constrains our options, while socialism can liberate us to live as we please. Capitalism is a system under which the means of production can be bought and sold by