Category: Economics/Class Relations

The New Face of Autocracy

By Joel Kotkin A former Facebook employee hailed by the media as a whistleblower testified this week on Capitol Hill about the social media giant’s algorithm, and how it harms children and democracy. Frances Haugen told the the Senate Commerce, Science and Transportation Subcommittee on Consumer Protection, Product […]

These 3 firms own corporate America

By Jan Fichtner, Eelke Heemskerk, The Conversation A fundamental change is underway in stock market investing, and the spin-off effects are poised to dramatically impact corporate America. In the past, individuals and large institutions mostly invested in actively managed mutual funds, such as Fidelity, in which fund managers […]

Who Owns the Media?

Keep in mind that not only is the media concentrated into the hands of only a handful of major conglomerates, but these conglomerates are controlled by investor organizations that are even smaller in numbers like Vanguard and Black Rock. For example, those two firms are major shareholders in […]

Progressive Prosecutors

There is an interesting collection of links about the “progressive prosecutor” phenomenon on the Marshall Project’s website. Progressive prosecutors are an interesting example of reform within the system, and one that I wouldn’t have predicted, although relying on prosectors for any kind of reform is risky business, because […]