Taibbi: Bernie Sanders’ Anti-Amazon Bill Is an Indictment of the Media, Too

In going after Jeff Bezos, Bernie Sanders tries to shame the press into seeing a problem hiding in plain sight MATT TAIBBI in Rolling Stone Jeff Bezos and Bernie Sanders Cliff Owen/AP/REX Shutterstock, Rogelio V. Solis/AP/REX Shutterstock This new piece of legislation sounds audacious at first. It tells companies like Amazon: if you pay your workers so poorly that they have to …

What Millions of Retiring Small Business Owners Could Mean for Cities: Conversions to co-ops at scale builds the most wealth for cities and citizens

BY OSCAR PERRY ABELLO | SEPTEMBER 11, 2018 on NextCity Roughly 10,000 baby boomers turn 65 every day in the United States. They don’t all own small businesses, but their aging presents an opportunity for more workers to get the chance to own businesses and even build some wealth. Worker Cooperatives Can Be Wealth Builders Here’s Your Who’s Who of Worker-Owned Businesses …

Zero Over Time Process Drives Existing Portfolios Toward Net Zero Energy

RMI, September 12, 2018 , By Matt Jungclaus Net-zero energy (NZE) buildings are gaining interest from building owners, tenants, and landlords alike. RMI’s latest report, in partnership with Urban Land Institute (ULI), Best Practices for Achieving Zero Over Time for Building Portfolios, outlines our zero-over-time (ZOT) approach to help portfolio owners navigate the barriers to achieving net zero energy by providing a roadmap …

The Monopoly-busting case against Google, Amazon, Uber and Facebook: Learning from anti-trust law

What tech companies have to fear from antitrust law By Russell Brandom@russellbrandom  Sep 5, 2018 Antitrust crusaders have built up serious momentum in Washington, but so far, it’s all been theory and talk. Groups like Open Markets have made a strong case that big companies (especially big tech companies) are distorting the market to drive out competitors. We need a new standard …

Amazon gets huge subsidies to provide good jobs—but it’s a top employer of SNAP recipients in at least five states; One-third of Amazon employees in Arizona need food stamps to feed themselves.

By H. Claire Brown, New Food Economy and The Intercept, April 19th, 2018 The Intercept.  We wrote a supplemental story about food stamps in the food industry here.  Later this year, Amazon will begin accepting grocery orders from customers using the Supplemental Nutrition Assistance Program, the federal anti-poverty program formerly known as food stamps. As the nation’s largest e-commerce grocer, Amazon stands to …

Why the U.S. Needs More Worker-Owned Companies. Also, Could Hybrid Forms of Worker Ownership Shape the Economy of the Future?

 By Peter Walsh, Michael Peck, and Ibon Zugasti AUGUST 08, 2018 UPDATED AUGUST 08, 2018  SUMMARY in Harvard Business Review https://hbr.org/2018/08/why-the-u-s-needs-more-worker-owned-companies The gap in wealth in the United States between the ultrawealthy and everyone else has reached its widest point in decades. One way to narrow the divide is through the use of worker buyouts, in which ownership of a company transfers from a single person or a small …

3M Knew! Toxic Teflon Cover-Up Was Decades Long

Source: Sharon Lerner and The Intercept  Toxic Teflon? You mean that set of cooking pans my parents swore by as state-of-the-art was, actually, transferring toxins to our family? And it’s much more than Teflon that’s now known to be toxic — it’s fabric protectors and firefighting foam, among other common items. A lawsuit filed by Minnesota against 3M, the company that first …

To Force Billionaires Off Welfare, Sanders Tax Would Make Corporations Fund 100% of Public Assistance Their Low-Paid Workers Receive

By Jake Johnson, Friday, August 24, 2018 by Common Dreams “I don’t believe that ordinary Americans should be subsidizing the wealthiest person in the world because you pay your employees inadequate wages.” “While Mr. Bezos is the most egregious example, the Walton family of Walmart and many other billionaire-owned large and profitable companies also enrich themselves off taxpayer assistance while paying their workers poverty-level wages,” …

Stock Buybacks Starving the Economy: A new report finds that big companies could have given their workers thousands of dollars’ worth of raises with the money they spent on their own shares.

“How much might workers have benefited if companies had devoted their financial resources to them rather than to shareholders? Lowe’s, CVS, and Home Depot could have provided each of their workers a raise of $18,000 a year, the report found. Starbucks could have given each of its employees $7,000 a year, and McDonald’s could have given $4,000 to each of …

Amazon Is One Step Closer To Taking a Cut on Literally Every Economic Transaction

In a $5.5 billion sweetheart deal, Amazon has inserted itself between local businesses and local governments. BY David Dayen, In These Times, July 2018 The paper the forms are printed on at City Hall. The desk your child sits at in math class. The books in your local library. Amazon has begun to profit from all of these products, extending its business …