Zillow and others bringing mass insta-sales into housing market

By Patrick Clark, Bloomberg Business Week February 14, 2019 With its tan stucco exterior and red tile roof, the Rittenhouse home on South Star Canyon Drive looks a lot like the other houses in Power Ranch, a large planned community southeast of Phoenix. Mark, a meat buyer for a grocery chain, and Anne, a nurse, bought the house for $293,000 …

Offshore Finance: How Capital Rules the World: The Rise Of Offshore Finance Is Not Solely About Capital Moving To Banks In Exotic Islands, It Is Also About The Creation Of A Two-Tier Global System.

OffShore Finance: How Capital Rules The World, By Reijer Hendrikse, and Rodrigo Fernandez, ROAR Magazine, February 10, 2019 Capitalism only triumphs when it becomes identified with the state, when it becomes the state. — Fernand Braudel Following the election of Donald Trump and claims of Russian meddling during his campaign, a privatization deal of Russia’s state-owned oil company Rosneft caught the media’s attention: despite …

Kate Raworth: Doing Business in the Doughnut

February 13, 2019 P2P Foundation  Article republished from weforum.org, video from Youtube- Nesta  For any business that is searching for a 21st century compass, try this idea on for size. Let’s call it a ‘Doughnut‘. Its worldwide goal is to ensure that no-one is left in the central hole, falling short on life’s essentials, while simultaneously ensuring that human activity doesn’t overshoot the outer …

Simply saying ‘no’ to its headquarters isn’t enough – Amazon should be investigated for abusing monopoly power

Amazon deserves more than rejection from New York. It should be punished Matt Stoller, The Guardian, 16 Feb 2019 This week, Amazon abandoned a plan to open a second “headquarters” in New York City, after citizens rebelled against the idea of paying almost $3bn in subsidies and tax incentives to one of the world’s biggest corporations. But simply saying “no” to Amazon’s coercive terms …

The Need for Anti-trust Action to Check Amazon’s Power

Amazon is Becoming More Powerful Than You Realize, Karl Bode, Medium, Jan 10, 2019 Amazon trades on convenience: Prime shipping means avoiding lines at the store; your Echo tells you in seconds how many cups are in 3.5 quarts. The company has combined retail and technology in an irresistible package, weaving its services throughout millions of lives. The efforts have turned Amazon …

Democratic lawmaker re-introduces bills to strengthen antitrust

FEBRUARY 1, 2019 / 3:03 PM / 2 DAYS AGO WASHINGTON (Reuters) – Senator Amy Klobuchar, the top Democrat on the Senate Judiciary Committee’s antitrust panel, said on Friday that she had re-introduced two bills aimed at strengthening enforcement of U.S. antitrust law. One of the bills would adjust fees paid to the Federal Trade Commission and Justice Department’s Antitrust …

How climate change, obesity, and malnutrition are related. Want to fix obesity and climate change at the same time? Make Big Food companies pay: A new report says food companies are pursuing profit at the expense of public and environmental health

A new report, published Sunday in the Lancet, implores us to think about the possibility of big, systemic fixes for these interrelated scourges. Overnutrition, undernutrition, and global warming share common causes: powerful commercial interests that promote overconsumption, “policy inertia,” and weak governance, according to the report, led by the University of Auckland in New Zealand, George Washington University in the US, and …

ILO calls for universal labor guarantee, living wage, health, safety and education

The International Labour Organisation last week called for a universal labour guarantee to safeguard workers’ fundamental rights. There seems little real appetite for a new social contract among CEOs, despite the warm words.   The ILO report is the culmination of a 15-month review by a 27-member commission of senior figures from the world of business, academia, trade unions and charities. It calls …

Poverty and inequality require progressive taxation and enforcement rather than a focus on philanthropy

January 29th, Common Dreams Historian’s Advice to Davos Elite Worried About Pitchforks: ‘Stop Talking About Philanthropy’ and Start Paying Higher Taxes With Trump Seen as ‘Symptom Not a Cause,’ US Rank Plummets on Global Corruption Index Dutch historian and author Rutger Bregman told those gathered at last week’s Davos summit his advice was this: “Just stop talking about philanthropy, and …

Dem proposals for workers

Leading Democratic 2020 contenders are finally standing against unbridled capitalism. Excerpt from Robert Reich, The Guardian, Jan 2019Ohio senator Sherrod Brown has embarked on a “dignity of work” tour of key voting states ahead of a potential run for the Democratic presidential nomination – along with a 77-page economic plan to reverse “the declining value of work” and “make life better for all …