Capitalism

Welcome to a Brave New World of Price Gouging

Sellers have always had access to more information than buyers, and “dynamic pricing,” which harnesses the power of algorithms and big data, is supercharging this asymmetry. If you weren’t already convinced the future of capitalism will involve an endless optimization of extractive capacity and the ensuing enshitification of every last bit of consumer life, well, get ready

Corpocracy

U.S. Corporations Are Openly Trying to Destroy Core Public…

Trader Joe’s, SpaceX, and Meta are arguing in lawsuits that government agencies protecting workers and consumers—the NLRB and FTC—are “unconstitutional.” Trader Joe’s has become the second company in a month to sue the National Labor Relations Board for being “unconstitutional,” following the lead of Elon Musk’s SpaceX, as both companies face board charges for firing employees. These two

Corporate Greed

Cincinnati May Sell Its Public Railroad to the Company…

The Cincinnati Southern Railway is the last municipally owned interstate railroad in the US. Despite being a consistent moneymaker, the city may soon sell it to the private corporation responsible for the derailment in East Palestine, Ohio, earlier this year. The fate of the last municipally owned interstate railroad in the United States will be

Capitalism

It’s Time to Tax Billionaires

There are around 2,500 billionaires in the world right now, with a combined wealth of over £10 trillion. Just a fraction of that money is enough to, say, end global poverty, eradicate malaria and re-freeze the Arctic. Instead, a new report reveals billionaires are operating on the “border of legality” and getting away with paying the equivalent of 0

Corporate Greed

Cincinnati May Sell One of the US’s Last Publicly…

Please DO NOT let this happen. Elected officials in Cincinnati are considering a lucrative deal with rail executives that would sell one of the last publicly owned stretches of rail line in the US to Norfolk Southern, the company behind the disastrous train derailment in Ohio last winter. Next month, the company behind an Ohio