“This is one of the main contradictions of our time. The confrontation between democracies and autocracies is overplayed, forgetting that Western countries share with Russia and China an unbridled hyper-capitalist ideology and a legal, fiscal and political system that is increasingly favourable to large fortunes. In Europe and the United States, everything is done to distinguish useful and deserving Western entrepreneurs from harmful and parasitic Russian, Chinese, Indian or African oligarchs. But the truth is that they have much in common.” Thomas Piketty explains why effective sanctions against Russian oligarchs would require the establishment of a truly global financial registry.
Tag: business
They stormed the Capitol. Their apps tracked them.
“The location-tracking industry exists because those in power allow it to exist. Plenty of Americans remain oblivious to this collection through no fault of their own. But many others understand what’s happening and allow it anyway. They feel powerless to stop it or were simply seduced by the conveniences afforded in the trade-off. The dark truth is that, despite genuine concern from those paying attention, there’s little appetite to meaningfully dismantle this advertising infrastructure that undergirds unchecked corporate data collection.” Charlie Warzel and Stuart A. Thompson show the ease with which supposedly anonymised data from your smartphone is re-identified. From nothing to hide to nowhere to hide—we are all Americans now.
Boeing employees mocked FAA and clowns who designed 737 Max
“This airplane is designed by clowns, who are in turn supervised by monkeys,” one Boeing employee wrote, before the 737 Max accidents JT610 and ET302 killed 346 people. “I still haven’t been forgiven by God for the covering up I did last year,” regrets another. Natalie Kitroeff reports on what Boeing employees were really thinking about the 737 Max.
Nine lessons
“Too much of our political debate just insults people’s intelligence and just suggests that every facet of Brexit you don’t like is purely a feature of only the Prime Minister’s version of it, rather than intrinsic to leaving.” Sir Ivan Rogers advocates the need for serious substance to replace plausible bullshit.
Britain fell for a neoliberal con trick — even the IMF says so
“I want to address the most stubborn belief of all: that running a small state is the soundest financial arrangement for governments and voters alike. Because 40 years on from the Thatcher revolution, more and more evidence is coming in to the contrary.” Aditya Chakrabortty on asset-stripping the United Kingdom.
Brexit — the story so far
by Swanpride
Honestly, this whole mess has been ridiculous way longer. I mean, so far the story kind of like this [sic]:
UK: Yeah, your stupid little project, we don’t want to be part of it.
EU: That’s okay, we will do our thing over here and you can do your thing over there.
UK: We have changed our mind, we want to join after all.
France: Not sure if that is a good idea.
UK: Pretty please?????
EU: Okay, we kind of convinced France.
UK: Great. Now do what we want or we leave.
EU: What do you want?
UK: We don’t want to be in the Euro.
EU: Done.
UK: But we want the right to do Euro clearing in London.
EU: Done.
UK: We want a rebate.
EU: Done.
UK: We don’t want to be part of Schengen.
EU: Done.
UK: We want to expand the EU to the eastern European countries.
EU: Done.
UK: And we want Turkey to join.
EU: Eh…not sure about that one…I guess we can talk about this, depending on how Turkey develops…
UK: And we want extra rules for immigration because of all of those Eastern Europeans coming to us.
EU: But you wanted this. And you don’t even use the options you already have to control immigration.
UK: Otherwise we leave!
EU: Okay, if you want to. There is nothing more we can give you! Plus, we are kind of busy over here with a refugee crisis. You know, you could help, too? You were the one messing around in the middle east for centuries after all.
UK: You cause too much immigration! And you want Turkey to join! We have voted to leave.
EU: Yes, we noticed. Well, you know the rules, no trade negotiations until you trigger article 50 and then we first need to talk about how we entangle the UK from the EU [sic]. Than we can talk about trade.
UK: We need some time to discuss this.
EU: We aren’t in any hurry.
UK: We have now triggered article 50.
EU: Great so now we can talk about the divorce.
UK: But we want to talk about trade.
EU: First we need to clear up a number of important issues. So what is your suggestion?
UK: —
EU: How about this?
UK: No, totally inacceptable. What we want is our cake and eat it too.
EU: That is impossible.
UK: Go whistle.
EU: Ticktock.
UK: We have talked among ourselves. We want a transitional period or we won’t get done in time.
EU: Well, we might if you don’t delay all the time…but okay, provided that we made some progress. So what is you suggestion.
UK: We want all the advantage of the single market and the customs union while following our own standards and no free movement.
EU: That is impossible.
UK: YOU ARE BLACKMAILING US!!!!!
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Die AAA-Bürger
“So wie Alibaba und Amazon wissen, wofür sich ihre Nutzer interessieren und was sie als Nächstes kaufen könnten, will der chinesische Staat aus den Datenspuren seiner Bürger ableiten, wie sie sich in der Vergangenheit verhalten haben und in der Zukunft verhalten könnten und sie nach einem Punktesystem entsprechend bewerten. Wer zum Beispiel über das Internet gesunde Babynahrung bestellt, soll Pluspunkte erhalten. Wer sich hingegen Pornos ansieht oder zu viel Zeit mit Computerspielen verbringt, muss mit Abzügen rechnen.” Da trifft es sich gut, daß Felix Lee nichts zu verbergen hat und ein solcher Umgang mit Nutzerdaten überhaupt nur in China in Erwägung gezogen wird…
With thanks to Michael August.
Wie, Du bist nicht bei Whatsapp?
“Wer Whatsapp liebt, sollte besser nicht weiterlesen, oder vielleicht gerade dann, denn Liebe macht ja bekanntlich oft blind.” Boris Pohler, selbst Lehrer und Vater von zwei Kindern, bennent den Preis für die Verwendung des weit verbreiteten Dienstes und erklärt, warum jeder Nutzer gegen deutsches Recht verstößt.