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Europe proposes a "right to be forgotten"
Seeded on Thu Jan 26, 2012 9:30 PM EST (Ars Technica)
a "right to be forgotten" that will allow people to demand that organizations that hold their data delete that data, as long as there is no legitimate grounds to hold it. It's not 1995 anymore The 1995 Directive was written in a largely pre-Internet era; back then, fewer than …
Hard to compete with Free: €20 for unlimited voice, text, and 3G data
Seeded on Mon Jan 16, 2012 8:01 PM EST (Ars Technica)
This last week, Free dropped a nuke on the wireless business, too. For €19.99, subscribers can get unlimited calls to mobile and fixed line phones in France (and to fixed line phones in 40 other countries). They get unlimited text messages.
Remember the "borderless" Internet? It's officially dead
Seeded on Mon Jan 9, 2012 2:52 PM EST (Ars Technica)
Balancing chaos and order has always been a challenge; you want to curtail botnets and spam and phishing and other Internet ills without destroying the productive chaos that allowed a million websites and online businesses to launch without permission from any gatekeeper... .. …
Bringing executive pay back down to earth - The Globe and Mail
Seeded on Thu Jan 5, 2012 9:43 PM EST (The Globe and Mail)
The trouble is that corporations picked the wrong incentive. Instead of tying compensation to performance in the real world, they tied it to the stock price. This was one of the lousier ideas in the history of capitalism.
Jeffrey Sachs: "That's not a free market, that's a game"
Seeded on Sat Dec 10, 2011 5:37 PM EST (alJazeera Magazine)
"The banks have said, leave us deregulated, we know how to run things, don't put government in to meddle. Then with that freedom of maneuver they took huge gambles, and even made illegal actions, and then broke the world system.
We Are the 99.9% - NYTimes.com
Seeded on Fri Nov 25, 2011 6:44 PM EST (The New York Times)
Still, don’t some of the very rich get that way by producing innovations that are worth far more to the world than the income they receive? Sure, but if you look at who really makes up the 0.1 percent, it’s hard to avoid the conclusion that, by and large, the member …
170 Economists Sign Statement In Support Of Occupy Wall Street
Seeded on Mon Nov 21, 2011 8:42 PM EST (Crooks and Liars)
From Econ4.org, a group that's devoted to building an alternative to the economics orthodoxy that the economy is about Wall Street and not about the well-being of working people, a statement that's been signed by 170 economists so far:
A new euro crisis strategy: deny the debt
Seeded on Sun Nov 20, 2011 10:36 PM EST (The Globe and Mail)
It’s a deceptively simple way of dealing with a crushing sovereign debt: Declare the loans illegal, or “odious.” The doctrine of odious debt was first proposed in 1927 by an obscure legal scholar named Alexander Sack, but did not gain currency until the late …
Europe's lost generation: no jobs nor hope for the young
Seeded on Mon Nov 7, 2011 6:43 PM EST (The Globe and Mail)
In Britain, they are known as the IPOD Generation – insecure, pressured, overtaxed and debt-ridden.
Millionaires(less than 1% of the world's population) Control 39% of Global Wealth - The Wealth Report - WSJ
Seeded on Wed Oct 19, 2011 11:38 PM EDT (Wall Street Journal)
Here’s another stat that the Occupy Wall Streeters can hoist on their placards: The world’s millionaires and billionaires now control 38.5% of the world’s wealth. According to the latest Global Wealth Report from Credit Suisse, the 29,7 million people in the …
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