asterisk2a + monopsony   46

Social media firms under scrutiny for 'Russian meddling’ - BBC News
Facebook, Twitter and Google lawyers defended themselves to US lawmakers probing whether Russia used social media to influence the 2016 election.
The three firms faced hard questions at a Senate panel on crime and terrorism about why they missed political ads bought with Russian money. &! https://www.the-american-interest.com/2017/10/30/social-media-democracy/ - Francis Fukuyama - This is not the situation that prevails in today’s internet world. There are not a variety of competing platforms with differing points of view; rather, there is Facebook, which has become a sort of global utility. [ creating for each their own bubble own world, enabling to reject, deny reality in spite of fact. Orwell on nationalism: https://en.wikipedia.org/wiki/Notes_on_Nationalism - Indifference to reality ] ESPECIALLY when the user is the product, sold to corporates. Keep users more and more clicking = keep making more and more money. &! Displayed in their dedicated teams in-house support for Trump campaign! $85m. Client satisfaction and profit maximisation. --- https://www.buzzfeed.com/alexkantrowitz/facebooks-2016-election-team-gave-advertisers-a-blueprint?utm_term=.ox8O6gxWY#.ji2Ngpmoz &! https://staltz.com/the-web-began-dying-in-2014-heres-how.html
Facebook  democracy  presidential  election  2016  Brexit  Donald  Trump  DonaldTrump  AfD  far-right  right-wing  alt-right  Social  Media  Newsfeed  bubble  algorithm  filter  bias  Gesellschaft  Nationalism  Orwell  Orwellian  Patriotism  demagogue  Twitter  Google  monopoly  duopoly  monopsony  Amazon  antitrust  Francis  Fukuyama  totalitarianism  Capitalism 
november 2017 by asterisk2a
There's precedent for Amazon competing with so many companies. It doesn't end well. — Quartz
The German drugmaker Bayer, which saw its profits fall 17% in the third quarter of 2017 as pharmacies closed, even has a name for it: “the Amazon Effect.”
Amazon  Jeff  Bezos  anti-trust  antitrust  monopsony  monopoly  Google  duopoly  anti-competitive 
october 2017 by asterisk2a
(3935) 35 Minutes on YouTube Demonetization - YouTube
Conservative corporate totalitarian times. Monopoly and monopsony. &! politics hit - https://www.youtube.com/watch?v=pkYR89SzXNc - J&N, The Young Turks // 'anti-liberal democratic people democracy' policing content
YouTube  Creative  Creatives  Creators  Culture  Advertising  corporate  totalitarianism  Consumer  Capitalism  advertisement  Facebook  Newsfeed  monopoly  monopsony  Google  anti-trust  Amazon  LGBTQ  Liberal  free  speech  democracy  Subscription  Patreon  PayPal 
october 2017 by asterisk2a
Does The Myth of Meritocracy show us how to alleviate inequality?
No debate about social mobility is complete without reference to the supposedly halcyon days of the 1950s and 1960s. The class fluidity of those decades, however, was not the result of professions becoming more meritocratic. It was caused by an unprecedented rise in the number of middle-class jobs: there was more room at the top. [...] Bloodworth writes that 21st-century society is characterised by a dwindling of professional jobs and more people slipping downwards: there is “more room at the bottom”. [...] Globalisation has created what the economist Robert H Frank calls “winner-takes-all” markets
downward  mobility  social  mobility  income  mobility  inequality  Paul  Mason  book  post-capitalism  James  Bloodworth  Gini  coefficient  income  distribution  structural  unemployment  long-term  unemployment  skill  gap  skills  gap  skill  mismatch  skill-biased  technological  change  AI  artificial  intelligence  globalisation  globalization  rising  middleclass  squeezed  middle  class  BRIC  Manufacturing  economic  history  sociology  Brexit  Identitypolitics  Identitätspolitik  career  ladder  education  bubble  education  cost  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  Robotics  Robots  automation  neoclassical  economics  Chicago  School  trickle-down  economics  trickle-down  effect  1%  10%  20%  working  poor  Precariat  credit  card  credit  card  debt  consumerism  consumerist  austerity  bank  bailout  capitalism  in  crisis  neoliberal  neoliberalism  crony  capitalism  tax  evasion  tax  avoidance  Baby  Boomers  babyboomers  Elizabeth  Warren  Joseph  Stiglitz  poverty  trap  poverty  child  poverty  rentier  rent-seeking  winner  take  all  monopoly  monopsony  conglomerate  multinational  Toff  Privileged  Establishment  No  Representation  Politicians  career  politician  Centrist  meritocracy  meritocratic  plutocracy  oligarchy  capitalism 
july 2016 by asterisk2a
DOCUMENTARY ON UFC PAYROLL ON FIGHTERS - YouTube
only top 10 get paid well //&! Dana White On Ufc Fighters Salary not being public 2013 - youtu.be/zPayAJfqk8g //&!bought UFC for 2bn w friends he knew from highscool and had the money - youtu.be/Ks9h5yT5Rcw //&! Dana White On Ufc Being A Monopoly 2013 - youtu.be/uTNR-7HnqTU //&! Dana White On why Boxing Has Failed - youtu.be/GAogwwMUsvI //&! ( 44 minutes ) What Does UFC Do To Keep On Winning? - youtu.be/c9ZrAmGVvQg //&! Rich Franklin on UFC fighter pay "UFC not in business to give money away" - youtu.be/VkEfhu-3StQ //&! Jon Fitch Says He Was Paid $500 For His First MMA Fight - youtu.be/dH6jTsRp5Ns
UFC  MMA  IOC  Monopsony  business  of  sport 
march 2016 by asterisk2a
Money: The Too Big to Fail Edition by Panoply Media
Neil Irwin, author of The Alchemists: Three Central Bankers and a World on Fire, joins hosts Felix Salmon of Fusion, Cathy O’Neil of mathbabe.org, and Slate’s Moneybox columnist Jordan Weissmann. This week is all about Neel Kashkari of the Minneapolis Fed's new solution for our too-big-to-fail banks. //!& breaking up has complexity ... financial-industrial complex! //
too  big  to  bail  toobigtofail  TBTF  retail  banking  investment  banking  VAR  discounted  risk  systemicrisk  discounting  risk  BIS  centralbanks  liquidity  trap  GFC  financial  product  recovery  TARP  UK  USA  Europe  sovereign  debt  crisis  PIGS  economic  history  book  monopsony  oligopoly  oligopol  repo  interbank  lending  complexity  financial-industrial  complex  leverage  derivatives 
march 2016 by asterisk2a
The cost of the curing Hepatitis C - BBC Newsnight - YouTube
[ max profits regardless of human cost ] New drugs are now available to cure Hepatitis C, but why are they so expensive? Filmmaker Kate Brown explores the cost of curing Hepatitis C, and Evan Davis speaks to Virginia Acha, Executive Director of the Association of the British Pharmaceutical Industry.
Hepatitis  Hepatitis  C  NHS  minority  NICE  NHS  England  pharmaceutical  industry  pharma  big  pharma  profit  maximisation  shareholder  value  monopsony  Wall  Street  stigma  medical  profession  medical  research  medical  advances 
march 2016 by asterisk2a
Episode 064 — Disrupting Trump by ExponentFM
37:00 - people go to amazon. pipe of stuff // same w Netflix - pipe of entertainment / front door of entertainment // cost free, marginally no cost to expand // key is now discovery! // but suppliers have no choice. cost pressure. // aggregation theory // differentiation only from being irreplaceable. unique. focused. narrow. avoid go out of way of commoditization. price is dead. newspaper itself has been fractured, broken up. // amazon is default for consumers. // how would you build a business that fit into amazon? that still makes you successful? differentiate to the point where you get a direct connection to the consumer! << custom to order quote paintings and other!? Want to compete in a completely new arena! where things are not scalable. where people can't compete on price with you. no "low-end focus" // winner take all effects - monopsony - size leverage to command conditions. // 1:12:00 find a niche
Amazon  Prime  e-commerce  Netflix  economics  of  abundance  abundance  marginal  cost  long-tail  subscription  model  subscription  publishing  2.0  digital  publishing  self-publishing  newspaper  Print  is  Dead  Etsy  Marketplace  commodity  business  commoditization  differentiate  differentiation  Gary  Vaynerchuk  Start-up  of  You  lesson  advice  Retail  pure  play  oligopoly  oligopol  competitive  competitive  advantage  competitiveness  monopsony  Brand 
february 2016 by asterisk2a
Amazon: Onlinehändler bis zu 400 stationäre Buchläden - SPIEGEL ONLINE
[ options for customers to collect, and for Amazon to send via courier ] Interessant ist allerdings die Reaktion des Onlinehändlers, wie das "Wall Street Journal" berichtet: Ein Amazon-Sprecher habe die Äußerungen Mathranis nicht kommentieren wollen - dementierte sie also auch nicht. Würde Amazon tatsächlich bis zu 400 Buchhandlungen eröffnen, bekäme der bisherige Marktführer Barnes & Noble in den USA ernsthafte Konkurrenz. Landesweit kommt der auf 640 Filialen.
convenience  Retail  e-commerce  pure  play  brick  and  mortar  business  Amazon  monopsony 
february 2016 by asterisk2a
Rewe droht mit Klage gegen Fusion von Edeka und Kaiser's - SPIEGEL ONLINE
Die Supermarktkette Edeka will Kaiser's Tengelmann übernehmen - mit Sondererlaubnis von Wirtschaftsminister Gabriel. Konkurrent Rewe hält das für rechtswidrig und kündigt nun juristischen Widerstand an.
M&A  corporate  welfare  subsidies  subsidizing  antitrust  Career  Politicians  monopsony  duopoly  oligopol  oligopoly 
february 2016 by asterisk2a
MSNBC...Why the Fawning Interview With the Kochs? - YouTube
What is the Citizens United decision? Corporations are people. //&! GOP Has Turned into a Race Among Oligarchs to Own Everything - youtu.be/SNja0Iwpk8s "poison the channel of public information." = Fascism = merging of business and state interest. for the few. - via vice president Henry Wallace & Franklin d. roosevelt
Koch  Brothers  plutocracy  oligarchy  Gini  coefficient  inequality  USA  Super  Rich  1%  corporate  media  corporate  state  democracy  No  Representation  Career  Politicians  lobbyist  lobby  Lobbying  revolving  door  social  democracy  trickle-down  economics  neoliberalism  neoliberal  TPP  TTIP  free  trade  trade  agreement  global  trade  TISA  NAFTA  CETA  national  interest  Nationalism  public  perception  public  awareness  Wall  Street  profit  maximisation  shareholder  value  vested  interest  interest  groups  presidential  election  2016  UK  democrats  republican  republicans  income  distribution  income  redistribution  tax  evasion  tax  avoidance  social  mobility  income  mobility  American  Dream  post-racial  America  Fascism  racism  neoconservatism  neoconservatives  right-wing  Patriot  Act  NSA  Surveillance-Industrial  Complex  military–industrial  prison–industrial  Internet  Privacy  Privacy  manufactured  consent  Noam  Chomsky  Polarisation  propaganda  populism  Lügenpresse  PR  spin  doctor  Greed  monopoly  monopsony  Monsanto  Protection  Act  oligopoly  oligopol  history 
november 2015 by asterisk2a
Facebook paid £4,327 corporation tax in 2014 - BBC News
The latest revelations will reignite the debate about how much UK corporation tax companies pay at a time when several multinational corporations are being investigated by the European Commission over the tax arrangements they have with European Union member states. Google, Amazon, a division of the Fiat motor company and Starbucks are all subject to the investigation and the European Commission has said it could widen its probe further. The investigation came after Starbucks was revealed to have paid just £8.6m in UK corporation tax in the 14 years between 1998 and 2012, despite making more than £3bn in UK sales in the same period. Last week, EU finance ministers agreed to boost information sharing in response to the so-called LuxLeaks scandal that emerged last year. The scandal showed Luxembourg had issued hundreds of tax rulings allowing companies to lower their tax bill by funnelling their profits through the country. //&! bbc.in/1LJG6DY &! bit.ly/1R7PjEf
tax  evasion  tax  avoidance  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  Super  Rich  1%  UK  USA  European  Union  Niall  Ferguson  secular  stagnation  budget  deficit  infrastructure  mainstreet.org  oligarchy  monopoly  monopsony  revolving  door  lobbyist  lobby  Lobbying  Career  Politicians  No  Representation  Generationengerechtigkeit  fairness  austerity  crony  capitalism  TBTF  too  big  to  jail  too  big  to  bail  capitalism  exploitation  neoliberalism  neoliberal  neoconservatism  neoconservatives  corporate  scandal  accounting  scandal 
october 2015 by asterisk2a
Volkswagen Congress Hearing: Emissions scandal - watch live - YouTube
VW USA subsidiary CEO Michael Horn. // 'VW the people's car.' 36:40 - I had no understanding what a defeat device is & that it could be installed to cheat emission tests. [<< Symptom of being a conglomerate! Corporate Culture & Values.] min 38:09 - Is hardware, software & even has to do something with the fuel tank. In some models (gen 2) its just software & a sensor. // 49:20 - framing of the answer with EPA (influenced?), cars on the road right now, even they are not passing emissions test, "are legal & safe to drive for the owners." // min 57 NOx, air pollution. 'compensation will be part of discussion'. 40 times than allowable limit. // 1:11:00 - according to him, @ the current state of investigations, this was out of the engine-drivetrain-engineering/software/emissions department within VW. Was not a corporate executive decision from the top. [My 2 cents: more likely decision was made within those departments due to pressure from top to make the test pass happen. << 1:51:00]
VW  Volkswagen  conglomerate  corporate  culture  corporate  values  air  pollution  libor  rigging  scandal  banking  crisis  investment  banking  self-regulation  regulation  regulators  accountability  Wall  Street  shareholder  value  profit  maximisation  retail  banking  PPI  mis-selling  scandal  bank  crisis  CDO  CDS  pharmaceutical  industry  pharma  big  pharma  corruption  bribery  Petroleum  automotive  autoindustry  carbonemission  carbonfootprint  emissions  white-collar  crime  Justice  System  Law  &  Justice  corporate  state  corporate  media  Positioning  Meat  Egg  Dairy  food  industry  lobbyist  lobby  Lobbying  revolving  door  conflict  of  interest  fiduciary  responsibility  exploitation  mainstreet.org  ethics  ethical  machine  democracy  Career  Politicians  No  Representation  double  standard  Abgas-Affäre  Interestrateswap  corporate  social  responsibility  corporate  scandal  Chemical  Fashion  deception  PR  spin  doctor  monopsony  oligopol  madoff  Enron  Worldcom  BP  accounting  accounting  scandal  tax  evasion  tax  avoidance  crony  capitalism  TBTF  too  big  to  jail  too  big  to  bail  Ego  arrogance  Monsanto  Protection  Act  patent  troll  intellectual  property  willful  ignorance  willful  negligence  DeepwaterHorizon  tax  code  consumer  fraud  Protection 
october 2015 by asterisk2a
TPP - The Death Sentence Clause - YouTube
TPP, TTIP, TISA excludes BRIC! this is a protectionism move from USA/Wall Street in new world that is emerging infront of our eyes that undermines USA/Wall Street monopoly, global power - financial, corporate, political, foreign affairs. Its shaping peoples everyday lifes. Much more potent than military intervention //&! https://youtu.be/ysm2Ksb7Yeg - TPP - Here’s What Happens Under SHAFTA --- race to the bottom. its not a free trade deal. its a managed deal written by and for multinational conglomerates. literally continuing the further the race to the bottom, competing with countries like Vietnam for jobs!
TPP  generic  pharmaceutical  industry  pharma  big  pharma  generic  medicine  copyright  Patent  patents  crony  capitalism  capitalism  Wall  Street  interest  groups  vested  interest  shareholder  value  profit  maximisation  TTIP  TISA  oversight  self-regulation  regulation  deregulation  regulators  transparency  democracy  Career  Politicians  monopoly  conglomerate  monopsony  Commanding  Heights  accountability  globalisation  globalization  presidency  barackobama  flat  world  G  Zero  AIIB  BRIC  Bank  IMF  OECD  emerging  market  Frontier  Markets  intellectual  property  lobbyist  lobby  Lobbying  revolving  door  political  theory  political  economy  social  contract  No  Representation  UK  USA  neoliberalism  neoliberal  liberal  economic  reform  global  trade  trade  agreement  free  trade  exploitation  neoconservatism  neoconservatives  China  Russia  India  Brazil  foreign  affairs  foreign  policy  foreign  relations  corruption  bribery 
october 2015 by asterisk2a
What's a fair price for a drug? - BBC News
Agreeing a price for any drug is a tricky business. In the UK, the NHS is the main buyer and prices are set through a voluntary scheme between manufacturers and the government, trying to strike the right balance of serving patients and generating money to keep the drug pipeline going. Profits are capped to stop prices creeping too high.
NHS  big  pharma  pharmaceutical  industry  pharma  monopsony  monopoly  oligopol  oligopoly  Wall  Street  profit  maximisation  shareholder  value 
september 2015 by asterisk2a
VW: Das Auto? Der Betrug! Jakob Augstein zur Abgas-Affäre - SPIEGEL ONLINE
Nicht nur Banken betrügen, auch die Industrie. Das zeigt der VW-Skandal. Deutschland hält sich eher ans Recht als das Ausland? Ein Irrtum. Guter Kapitalismus, böser Kapitalismus? Gibt's nicht. Nur die Notwendigkeit des starken Staates. [...] Die Amoralität ist in der Idee der Firma an sich eingebaut. Menschen haben (vielleicht) Moral. Firmen nicht. Da liegt ein grundlegendes Missverständnis im modernen Kapitalismus. [...] In einem langen Artikel über Wirtschaftsethik hat der "Economist" einmal geschrieben: "Unternehmen, die lügen und betrügen, können nicht erwarten, lange im Geschäft zu sein, selbst wenn ihre Handlungen vom Gesetz gestattet sind." Wir wissen, dass das Gegenteil der Fall ist. Aber so streuen sich die Gralshüter der liberalen Wirtschaftsideologie selbst Sand in die Augen. [ The Corporation (2005) by Joel Bakan ] [...] Beschreibt das nicht perfekt das Wesen der großen Konzerne - je größer, desto besser? Und VW ist sehr groß. [ Amazon's monopsony ]
Volkswagen  conglomerate  VW  crony  capitalism  capitalism  profit  maximisation  shared  economic  interest  shareholder  value  self-regulation  regulation  regulators  oversight  transparency  lobbyist  lobby  Lobbying  revolving  door  Career  Politicians  climate  change  global  warming  Abgas-Affäre  emissions  carbonemission  carbonfootprint  economic  damage  short-term  thinking  short-term  view  post-capitalism  ethical  machine  moral  beliefs  fiduciary  responsibility  neoliberalism  neoliberal  liberalism  ideology  dogma  democracy  Gesellschaft  society  exploitation  economic  history  book  CEO  pay  Leadership  true  north  mainstreet.org  accountability  too  big  to  jail  GFC  banking  crisis  bank  bailout  bank  crisis  TBTF  subsidies  subsidizing  Workers  Union  Trade  Union  inequality  Gini  coefficient  too  big  to  bail  competition  oligarchy  oligopoly  oligopol  Super  Rich  1%  monopsony  Amazon  Google  Inc.  Apple  monopoly  Microsoft  antitrust  trust  distrust  No  Representation  social  contract  political  theory 
september 2015 by asterisk2a
FED Impact on Tech: Bloomberg West (Full Show 9/18) - YouTube
16:40 - how to consume amazon offerings!? via their platform, silo. closed. drm. // distribution model - for prime - lock-in - convenience - less friction. // "Kids don't care much about quality." // taking share of media consumption. // compelling offering - music, series, streaming, e-commerce, gaming, ... // it's not about entry point to access, lowering the price point of entry for the consumption device and the subscription of amazon prime in aggregate - and lock the consumer in. the aggressive price is an attack strategy (opening up/diversifying the price point) of the distribution model to grow the prime business. //
Amazon  Amazon  Prime  distribution  model  subscription  model  business  model  marginal  cost  Kindle  Tablet  phablet  iPad  Platform  DRM  Hardware  Entertainment  utility  Amazon  Dash  Button  e-commerce  pure  play  Escapeism  Gaming  Netflix  Apple  Music  Spotify  HBO  original  programming  Top  Gear  House  of  Cards  Television  TV  cable  provider  iPad  Pro  differentiate  differentiation  business  strategy  Cash  Cow  Jeff  Bezos  AWS  market  share  Walmart  Jet.com  monopsony  duopoly 
september 2015 by asterisk2a
What I Learned This Week About Tim Cook’s Apple | Re/code
[ always along the motto: extension of you, part of you. The new Apple under Jobs was NOT an overnight success! It build on its differentiation, strong base, a cult, a Tribe, 1000 True Fans, and build on it stride by stride. Most capitalistic company out of SV, no counter-culture out of largest corp on world. & can pull of iAd coup because it has monopsony! & Duopoly w Android. ] Many people love Apple, others despise it. But, even without Jobs, it cannot be ignored. There simply is no other company that combines such a high-quality hardware line with such well-regarded software platforms. A faltering Samsung has the former, but not the latter. A strong and admirable Google has the latter, but not the former. If you didn’t believe that before, this week’s event made it crystal clear, with once-bitter rivals like Microsoft and Adobe showing up onstage to boast about how well their products worked with new Apple hardware and software. [ sw & hw iteration = leverage comp advantage ]
Apple  iOS  Hardware  commodity  business  commoditization  Android  Software  Is  Eating  The  World  Software  Google  Inc.  Samsung  HTC  Lenovo  LG  Apple  TV  iPhone  Apple  Watch  Steve  Jobs  Tim  Cook  aspirational  product  PR  spin  doctor  public  relations  Positioning  marketing  public  image  status  symbol  status  anxiety  materialism  consumerist  consumerism  zombie  consumer  socioeconomic  status  social  status  emerging  middle  class  Platform  Silo  Apple  App  Store  Google  Play  R&D  Research  STEM  Microsoft  Nokia  Motorola  Adobe  Satya  Nadella  Leadership  vision  mission  differentiate  differentiation  Selbstdarstellung  Luxury  crony  capitalism  capitalism  post-capitalism  Wall  Street  profit  maximisation  shareholder  value  counter  culture  Silicon  Valley  Internet  Privacy  Privacy  iAd  Siri  AdBlock  personal  assistant  competitive  advantage  corporate  strategy  long-term  view  Tribe  Cult  1000  True  Fans  brand  awareness  Branding  Start-Up  advice  Start-Up  lesson  monopsony  duopoly  antitrust 
september 2015 by asterisk2a
Bumper payouts for housebuilding executives as market booms | Business | The Guardian
Two of Britain’s largest housebuilders, Berkeley Group and Persimmon, could hand out about £1bn to their top executives and managers in pay and bonuses over the next six years, boosted by strong UK house prices and government-subsidies for home-buyers. Tony Pidgley, founder and executive chairman at Berkeley, is expected to face tough questions on Tuesday at the group’s shareholder meeting near its headquarters in leafy Cobham, Surrey, after it emerged last month that his pay package last year was worth £23.3m. [...] Meanwhile, executives at Persimmon, the UK’s largest housebuilder, also have a Berkeley-style incentive scheme that is one of the most generous to be found at a London stock market-listed firm. [...] Berkeley’s share price has risen more than 40% since the election of a Conservative government in May, [...] [bonuses] “entirely based on short-term performance”. [...] return on equity[.][ < KPI, what gets measured gets done ] &! bbc.in/1KE0jut - Barratt Homes profits +45%
social  housing  affordable  housing  CEO  pay  Wall  Street  profit  maximisation  shareholder  value  CEO  Leadership  housing  market  housing  crisis  generation  rent  Generationengerechtigkeit  fairness  UK  property  bubble  Supply  and  Demand  Demand  and  Supply  vested  interest  Tories  Conservative  Party  No  Representation  social  tension  social  cohesion  gentrification  Gentrified  austerity  2015  mortgage  market  speculative  bubbles  speculative  speculation  hot-money  bonuses  bonus  transparency  accountability  crony  capitalism  shared  economic  interest  general  election  2015  election  campaign  promises  George  Osborne  babyboomers  David  Cameron  social  contract  political  theory  exploitation  lobbyist  lobby  Lobbying  oligopoly  oligopol  monopsony  cartel  antitrust  financial  incentive  Public  Good  underinvestment  investment  productive  investment  output  gap  productivity  commuting  infrastructure  investment  trickle-down  economics  neoliberalism  neoliberal  budget2015  policy  folly  policy  error  Makers  Public  short-term  long-term  living  standard  cost  of  living  cost  of  ownership  cost  of  entry  living  spaces  standard  of  living  living  environment  city  living  urban  planning  urbanisation 
september 2015 by asterisk2a
Dan Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic - YouTube
free self-regulated market where winner take all - creates adverse outcomes. //<< Book - The Darwin Economy: Liberty, Competition, and the Common Good by Robert H. Frank - Competition can be devastating if it is about winner take all !!! - youtu.be/hmbfK​DvDrJI - via Dan Ariely // // !!! QE - reflate - hope and pray confidence will come back and economy roars back to health. did not happen. // poverty trap // trend continues w inequality, // post-racial America // inability to get out of bad situation // under banked, payday loan // studies have shown, Americans imagine/think of their countries more equal and just than Sweden // (1) create new financial institution, retail banking serving people (not making 15% profit p/a to give it to share holders even demanding more) like Sparkassen // (2) reform education // (stop damaging) narrative of invisible hand - getting the best out of people // national identity // sense of agency !!!
inequality  QE  competitive  competition  winner  take  all  monopoly  monopsony  book  shared  economic  interest  common  good  Dan  Ariely  China  credit  bubble  ZIRP  NIRP  business  confidence  consumer  confidence  equity  bubble  speculative  bubbles  Super  Rich  1%  asset  bubble  faultlines  structural  imbalance  Impediments  Gini  coefficient  social  mobility  income  mobility  poverty  trap  child  poverty  poverty  USA  UK  Europe  austerity  recovery  2015  social  cohesion  social  tension  social  contract  welfare  state  social  safety  net  education  policy  skill-biased  technological  change  skills  gap  western  world  post-racial  America  Jim  Crow  working  poor  squeezed  middle  class  Sozialer  Abstieg  Germany  food  poverty  budget2015  fairness  Generationengerechtigkeit  Privileged  Toff  Establishment  Public  Services  Services  society  racial  segregation  gentrification  Gentrified  class  segregation  urbanisation  urban  planning  social  housing  affordable  housing  Lügenpresse  manufactured  consent  corporate  media  corporate  state  propaganda  populism  stigma  self-regulation  deregulation  Wall  Street  invisible  hand  crony  capitalism  profit  maximisation  shareholder  value  bank  bailout  TBTF  too  big  to  bail  too  big  to  jail  meritocra 
august 2015 by asterisk2a
Twitter works just fine – but for investors, anything except total market domination is a disaster | Comment is free | The Guardian
Nothing better illustrates capitalism’s addiction to illogic than the mismatch between Twitter’s workability and its unpopularity with Wall Street [...] Any company that cannot demonstrate a clear route to monopolising its space, monetising its users’ data on a vast scale, is to be discarded, targeted for acquisition, consigned to perpetual dowdiness. [...] When I’ve pointed to Wikipedia, Apache or Linux as harbingers of a new, non-market, open source economics, one of the stock responses is: “now show us something more spectacular.” The problem is, these modest, functional and free products are already in their own way spectacular. Wikipedia is the biggest information product in the world; Apache runs half the world’s web servers; and Linux is the system of choice for at least a third of all servers (the computers that run businesses) and 97% of the world’s supercomputers.
Twitter  Wall  Street  shareholder  value  profit  maximisation  short-term  short-term  thinking  short-term  view  crony  capitalism  capitalism  exploitation  post-capitalism  monopoly  monopsony  oligopoly  oligopol  Facebook  IPO  Google  Open  Source  Share  Economy  Open  Data  Wikipedia  GNU/Linux  Apache  Wordpress  creative  destruction  Software  Is  Eating  The  World  3D  printing  Robotics  automotive  self-driving  cars  disrupting  markets  disruption  Marketplace  commodity  business  commoditization  marginal  cost  differentiate  differentiation  economics  of  abundance  autonomous  car  automation  Future  of  Work  Mobile  Creatives  Mobile  21stcentury  Collaborative  collaboration  cooperation  user  generated  content  crowdsourcing  Industrial  Revolution  2.0  policy  Industrial  Revolution  economic  history  trickle-down  economics  Universal  Basic  Income  winner  take  all  Amazon  SAP  Salesforce  inequality  Thomas  Piketty  Super  Rich  1%  mainstreet.org  tax  evasion  tax  avoidance  Gini  coefficient  deregulation  neoliberalism  neoliberal  self-regulation  regulators  regulation  utility  public  utility  Good  Silicon  Valley  Unicorn  Decacorn  Private  Market 
august 2015 by asterisk2a
Arbeitsbedingungen ǀ Der eigentliche Skandal ist ein anderer — der Freitag
Amazon verfolgt lediglich eine Strategie. Doch all das ist gar nicht so entscheidend, denn auch wenn der Artikel ein schockierendes Firmenbild aufzeigt, kann man dem Unternehmen daraus __nur bedingt einen Vorwurf machen. Letztendlich befindet sich Amazon in einem harten Konkurrenzkampf__ und versucht daher die leistungsfähigsten Mitarbeiter zu gewinnen und zu behalten – weniger leistungsstarke Mitarbeiter kann man dagegen nicht gebrauchen. Diese Strategie ist in großen Erfolgsunternehmen kein Einzelfall, sondern Normalität. [...] Der eigentliche Skandal sind die Logistikzentren
Amazon  competitive  competition  e-commerce  commodity  business  commoditization  margin  Jeff  Bezos  monopoly  monopsony  oligopol  oligopoly  Google  Shopping  Silicon  Valley  HR  human  resources  corporate  culture  corporate  values  identity  White-collar  Worker  Blue-collar  Worker  work  environment  workplace  beyond  workplace  drama  work  life  balance 
august 2015 by asterisk2a
Alternatives Management: Vertrauen als Ressource für Unternehmen - SPIEGEL ONLINE
Oft werben diejenigen am meisten darum, die unter Vertrauensverlust leiden. Denn tatsachlich sinkt das Vertrauen in die Wirtschaft und das Misstrauen steigt. Das ist das Ergebnis nahezu aller Studien zum Thema Verbrauchervertrauen // &! bit.ly/1Vd5jYF - Twitter just made it more difficult to hold politicians accountable // Same with the Conservative Party deleting all their speeches and documents after they won majority in election and partnered up with libdems - bit.ly/1c7hHG6 &! bit.ly/1Epl5va // Auch Geld funktioniert nur dank Vertrauen [...] Der Systemtheoretiker Niklas Luhmann beschrieb Vertrauen daher auch als "Mechanismus zur Reduktion sozialer Komplexität". Ständiges Misstrauen dagegen mache unser Zusammenleben deutlich schwieriger, sagt Martin Schweer. [...] Schnell zeigte sich: Hatte der eine das Geschäft fair und zum gegenseitigen Vorteil abgewickelt, erhöhte der andere in der nächsten Runde seinen Einsatz. // &! bit.ly/1ILzkZU - Does honesty matter ...
bank  bailout  GFC  Career  Politicians  Congress  No  Representation  social  contract  transparency  accountability  crony  capitalism  capitalism  post-capitalism  Buffer  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  banking  crisis  trust  distrust  trustagent  Start-Up  advice  Start-Up  lesson  Conservative  Party  DWP  David  Cameron  George  Osborne  spin  doctor  PR  public  relations  neoliberalism  neoliberal  algorithm  Page  Rank  monopoly  monopsony  oligopoly  oligopol  Iain  Duncan  Smith  Open  Data  Open  Source  NSA  GCHQ  Secret  Courts  Surveillance-Industrial  Complex  surveillance  state  Orwellian  military–industrial  Pentagon  WMD  False  Flag  FISA  Court  FISAAA  public  record  public  interest  Misstrauen  Lügenpresse  Freedom  of  Information  Act  BND  Angela  Merkel  GroKo  Eurogroup  election  campaign  promises  Internet  Archive.org  Google  Cache  political  theory  governance  corporate  governance  fiat  currency  inequality  Gini  coefficient  fairness  Generationengerechtigkeit  Gerechtigkeit  Justice  System  Jim  Crow  voter  turnout  apathy  indifference  TOS  EULA  win-win  partnerships  cooperation  Google  Data  of  of  public  of  public 
august 2015 by asterisk2a
Paul Mason - is capitalism dead? | Guardian Live - YouTube
100 year process, this is the 21st century // when you define the problem you also define the solution, in most cases. from A to B. // capitalism has rent-seeking tendency. DRM and IP/intellectual property is rent-seeking. // --- need book what to do with post-capitalism tools, open source, open data, share economy, shared economic interest, transparency, political reform - voucher system (Larry Lessig). --- // biotech and gene and new age of medicine will replace hardware and proprietary software (already being displaced by open source) //
post-capitalism  crony  capitalism  monopoly  monopsony  Silicon  Valley  Wall  Street  Paul  Mason  rent-seeking  intellectual  property  Page  Rank  Google  Search  copyright  IP  intellectualproperty  DRM  Kindle  Amazon  Microsoft  Open  Source  Open  Data  civic  good  Public  civic  society  Share  Economy  proprietary  software  Karl  Marx  economic  history  shared  economic  interest  profit  maximisation  shareholder  value  buyback  underinvestment  productive  investment  climate  change  interest  groups  vested  interest  interestgroups  fiduciary  responsibility  long-term  view  long-term  thinking  faultlines  lobbyist  lobby  Lobbying  Career  Politicians  social  contract  No  Representation  neoliberalism  neoliberal  exploitation  Gini  coefficient  Future  of  Work  Mobile  Creatives  knowledge  knowledge  worker  3D  printing  marginal  cost  economics  of  abundance  renewable  energy  commodity  business  commoditization  book  meritocracy  meritocratic  Gesellschaft  Zivilgesellschaft  Wegwerfgesellschaft  zombie  consumer  finite  resources  status  anxiety  identity  society  philosophy  sociology  social  cohesion  social  tension  inequality  income  mobility  social  mobility  4-day  week  leisure  tim 
august 2015 by asterisk2a
Darwinism At Your Doorstep: Why You Only Care About Amazon Now | TechCrunch
“You either fit here or you don’t,” and that in Seattle the company has a widespread reputation for its toughness. For now, you have a choice whether to work for Amazon. For now, you have options. Amazon is the vanguard of a very scary movement in the tech sector but we’re not all there yet (though some techbros on Twitter seem happy at the thought of Amazon culture catching on). [...] Why do we care suddenly about working conditions when it turns out that white-collar employees are the ones getting shafted? The workers at Amazon fulfillment centers have much less choice and much less power than the marketers and engineers in the Times piece. [...] We’re acting shocked and horrified that Amazon applies what it calls “purposeful Darwinism” to people with MBAs and PhDs, // [ trend, conditions known in service sector job and manual labour sector swapping over into the cushy world of blue-/white-collar worker ] Capitalism regresses toward feudalism.
Amazon  Silicon  Valley  corporate  culture  corporate  values  HR  human  resources  squeezed  middle  class  Sozialer  Abstieg  White-collar  Worker  Blue-collar  Worker  working  poor  precarious  work  class  warfare  USA  UK  competitive  competitiveness  competition  neoliberalism  neoliberal  perks  benefits  Europe  globalization  globalisation  borderless  Software  Is  Eating  The  World  automation  Robotics  flat  self-employment  freelance  freelancing  Zero  Hour  Contract  Contractor  Service  Sector  Jobs  manual  labour  job  market  labour  economics  labour  market  western  secular  stagnation  economic  history  differentiate  differentiation  Seth  Godin  career  ladder  career  advice  being  remarkable  Purple  Cow  Future  of  Mobile  Creatives  Mobile  Creative  destruction  capitalism  crony  capitalism  Wall  Street  profit  maximisation  shareholder  value  Jeff  Bezos  monopsony  monopoly  deflationary  deflation  wage  stagnation  trickle-down  economics  Thomas  Piketty  book  Universal  Basic  Income  tax  code  Super  Rich  1%  inequality  inequality  Gini  coefficient  tax  capital  gains  tax  capital  gains  technological  progress  skill-biased  technological  change  technological  history  augmented  intelligence  living  standard  standard  of  living  cost  of  living  living  wage 
august 2015 by asterisk2a
How Microsoft Attacked the Beast who created Netscape, Mozilla Firefox & invested Skype - YouTube
Browser Wars back then. Smartphone wars are settles. iOS and Android. Everyone else is just niche or trying to be principles. // Start-up lesson/advice: When the big player can give out your "product" for free. They would. Don't play on other peoples turf and productise a feature ... for them. Sure they can't be everything to everyone and you can serve a niche, you are going to have to play by their rules their TOS. This thing where bright minds (educated) with small ideas (because they are easy) get burned over and over and over again. Human nature like irrational exuberance, hysterias and depressions. If you are dependable on a platform, on one kind of distribution model that is owned by another corporate (profit motive) and you are disruptive, pain in the ass, easily copyable,u are attackable on too many vectors. lots of risk. There was Microsoft. There was Facebook and Twitter. There was e-mail (gmail tab filters now & spam). // SWAT analysis vs high level situational awareness
Netscape  Marc  Andreessen  Microsoft  Bill  Gates  Silicon  Valley  Browser  Wars  TOS  Platform  EULA  iOS  Android  Apple  App  Store  App  Store  Google  Play  business  strategy  distribution  model  Twitter  Facebook  Zynga  Apple  competitiveness  Start-Up  advice  Start-Up  lesson  business  model  business  plan  product  strategy  Amazon  Kindle  monopoly  monopsony  oligopol  Music  Industry  duopoly  Google  Google  Search  Google  Shopping  SWAT  analysis 
august 2015 by asterisk2a
Jeff Bezos Revealed: Building Amazon One Box at a Time - YouTube
Not in Silicon Valley. Not inside the bubble. was not inside the bubble when it imploded. // can not rest on your laurels. can not stop for a second innovating. even trying hard to disrupt yourself (Kindle) and capture the market (monopsony - in book and ebook market and w audible the audiobook market). and taking out your partners (delivery firms) with building very close to the city their warehouses. also, locking in customers with Amazon Prime, and convenience one click order. and having the verything store. Amazon A9 - its search engine could be the one of the top 5 search engines in the world. Google, YouTube, ... Amazon? or Bing/Yahoo in between? // Nobody can compete on price with Amazon with popular items! they discount popular items to attract (loss leader items). making it up all the other items of the long tail // run in late with lots of antitrust. // all encompassing (encapsulating every decision) motto: obsessing over customer & inventing in the name of the customer.
Amazon  Kindle  audible  competitive  competitiveness  competition  Start-Up  lesson  Start-Up  advice  IPO  growth  round  e-commerce  Jeff  Bezos  e-book  ebook  ebooks  books  book  Print  is  Dead  user  behaviour  Amazon  Prime  Platform  Marketplace  efficiencies  long-tail  long-term  view  long-term  thinking  monopoly  monopsony  antitrust  creative  destruction  disruption  disrupting  markets  customer  experience  user  experience  Silo  TOS  Silicon  Valley  corporate  culture  corporate  values 
august 2015 by asterisk2a
Tesco’s fall tells a wider story about our failing capitalism | Will Hutton | Comment is free | The Guardian
The supermarket giant has not been alone is being organised as a profit machine dedicated to shareholders, not customers. [...] Run a country in the interests of the top 0.1% and sooner or later something gives. For the past decade, Tesco, like almost every other British plc, has been organised as a profit machine, a company whose focus transmuted from serving customers and building a company to serving shareholders and driving up directors’ pay. [...] [ Aldi & Lidl ] are privately owned businesses that think long term and whose business purpose, enshrined by the owners, is to focus on a very narrow range of goods they can sell at high volumes and thus price incredibly keenly. [...] [ no emphasis on ] social, human mission[.] [...] The less capitalism works for ordinary people, the less the chances of either party winning a majority. [...] But the bigger lesson is surely that democracy’s job is to ensure capitalism delivers its promise. // &! bit.ly/1Ixjfde - sucking companies dry
Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  Tesco  capitalism  monopsony  antitrust  trickle-down  economics  crony  capitalism  short-term  thinking  short-term  view  democracy  social  contract  Career  Politicians  No  Representation  inequality  Gini  coefficient  fairness  CEO  pay  Heuschrecken  Vampire  Squid 
august 2015 by asterisk2a
The Guardian view on Alphabet: it will take more than Google to translate the restructuring | Editorial | Comment is free | The Guardian
Business mostly thinks the new look is smart. But regulators and privacy campaigners are not so sure [...] some of the world’s regulators and many consumers are looking sceptically at the impact that it might have on data protection, privacy, tax liabilities and the impact of the reorganisation on the megalith’s power to monetise the data of its billions of users. // &! bit.ly/1MmLVH2 - Google is scattering Alphabet blocks to mute its own success. A bit like the phenomenon of stealth Starbucks branches, Google has become so ubiquitous it is choosing to fade into the background
Google  Inc.  Alphabet  Inc.  antitrust  Europe  oligopoly  monopoly  Google  Search  monopsony  Android  oligopol  USA  FTC 
august 2015 by asterisk2a
Facebook Partners With Shadowy 'Data Brokers' To Farm Your Information - Sherbit- Personal Analytics
Its not free. U pay with ur data. Worry abt NSA? Worry abt companies too. // via bit.ly/1WbspjI // The researchers detailed many troubling aspects of Facebook’s data collection practices, including evidence that one of Facebook’s cookies is stored in every browser that visits a site with a ‘Social Plugin‘ (the embedded ‘Like’ and ‘Share’ buttons), regardless of whether or not they are a Facebook user. [...] Facebook is no longer just a social media website, it is a massive advertising business invested in tracking everyone’s consumer spending habits, on the internet and off. [ FB has also a monopsony; if you don't agree to TOS as user, don't use us. (Same told to advertisers w Newsfeed changes algo) PS we track u anyway. FB owns +70% of social media adversing spend, advertisers can't get around it ] [...] Our focus with Atlas (bought from Microsoft) is to take that technology and enable us to improve our ability to connect ad impressions to purchase behavior both offline & online,
Facebook  TOS  Privacy  Big  Data  advertisement  targeting  advertisement  re-targeting  perma-cookie  cookie  metadata  business  model  Mark  Zuckerberg  ethical  machine  abuse  abuse  of  power  crony  capitalism  Don't  be  evil  Google  profit  maximisation  shareholder  value  monopoly  monopsony  tracking  user  user  behaviour  advertisement  advertising  Newsfeed  antitrust  Internet  Privacy  Orwellian  State  EFF  Silicon  Valley  counter  culture  Wall  Street 
august 2015 by asterisk2a
Google’s $6 Billion Miscalculation on the EU - Bloomberg Business
via https://news.ycombinator.com/item?id=10021018 // Google declined to make its executives available for on-the-record interviews, but several concede that the company was caught off guard by the intensity of European criticism, in large part because of its broad popularity with users. Google is so relied upon that many people casually assert that the most prevalent search term on rival Bing is, in fact, “Google.” (Microsoft declines to confirm this.) [...] The more Europeans rely on Google, however, the more they’ve come to fear it, making it an easy target for politicians. Last November members of the European Parliament voted 384 to 174 for a symbolic proposal to break up the search giant into two separate pieces—its monolithic search engine and everything else. [ + agressive tax evasion schemes came under public & political pressure; Amazon, Google, Apple, Facebook, and Co ]
Google  antitrust  Europe  2015  Google  Search  NSA  Surveillance-Industrial  Complex  surveillance  state  Orwellian  Edward  Snowden  corporate  espionage  industrial  espionage  cyber  espionage  Germany  France  Five  Eyes  GCHQ  UK  USA  Silicon  Valley  Stasi  2.0  national  interest  Foreign  Intelligence  affairs  policy  Intelligence  Agency  Google  News  Internet  Privacy  Privacy  Big  Data  right  to  be  forgotten  tax  evasion  tax  avoidance  FTC  Yelp!  Yelp  monopoly  monopsony  oligopoly  oligopol  lobbyist  lobby  Lobbying  revolving  door  Don't  be  evil  Washington  Career  Politicians  No  Representation  Consumer  Protection  Android 
august 2015 by asterisk2a
Paul Krugman: Amazon’s Book Monopsony Is 'Not OK' - YouTube
- Monopsony - the single buyer of good, thus can demand prices. // Facebook owns over 70% of social media spending. can demand prices. thus its moves to demand more and more money through changes in Newsfeed algo to make people pay to show up in peoples Newsfeed. Under the guise of User Experience!
Amazon  Monopsony  Facebook  antitrust  Platform  TOS  Social  Media  monopoly  oligopol  oligopoly  Apple  Google  iTunes  Apple  Music  Music  Industry  360-music-contract 
july 2015 by asterisk2a

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