corporate greed

The Secret Corporate Takeover – Joseph Stiglitz

The United States and the world are engaged in a great debate about new trade agreements. Such pacts used to be called “free-trade agreements”; in fact, they were managed trade agreements, tailored to corporate interests, largely in the US and the European Union. Today, such deals are more often referred to as “partnerships,”as in the Trans-Pacific Partnership (TPP). But they are not partnerships of …

Ivy-League-Acceptance-Rate

Getting a Job at McDonald’s Harder Than Getting Accepted to the Ivy League – Daniel Drew

In society, exclusivity creates desirability. Whether it’s that special country club or elite college, privilege is defined by the rejection rate. In the previous era, the Ivy League was one of those prized organizations, and McDonald’s was the exact opposite. Now, the New Normal has seized our social convention and turned it on its head. In 2011, McDonald’s announced it would …

America’s Main Problem: Corruption

The Cop Is On the Take Government corruption has become rampant: Senior SEC employees spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes Nuclear Regulatory Commission workers watch porn instead of cracking down on unsafe conditions at nuclear plants An EPA employee who downloaded 7,000 porn files, then spent 2-6 hours each workdaywatching porn. He’s been doing it …

TTIP

Trade Deals Will Supplant Democracy with Corporate Tribunals, Warn Critics

Provisions of international trade deals currently under negotiation threaten domestic sovereignty while giving corporations special legal rights, charges a letter signed by more than 100 law professors and sent on Wednesday to congressional leaders and U.S. Trade Representative Michael Froman. The letter (pdf), organized and released by the Washington, D.C.-headquartered Alliance for Justice (AFJ), specifically opposes the inclusion of Investor-State Dispute Settlement (ISDS) language in the …