Tag Archives: business

New York City’s Public-Housing Crisis

By Alana Semuels For a long time, many American cities housed their poorest residents in giant public housing towers that had little going for them except for the fact they were affordable. Crime was rampant and indiscriminate, drugs were everywhere, … Continue reading

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Baltimore’s secret history of death: Racism, corporate greed & the most infamous mass-poisoning in American history

By Adam Gaffney http://www.gettyimages.com/detail/news-photo/police-helicopter-flies-over-homes-as-people-participate-in-news-photo/472012174 Few now doubt the lethality of inequality. Unequal treatment under the law has resulted in case after case of Black lives lost, whether by gunshot, suffocation, or severed spine. And yet, as tragic as these individual … Continue reading

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Here’s How The Nation’s Two Largest States Plan To Crack Down On Predatory Lending

By Alan Pyke http://www.gettyimages.com/detail/photo/payday-loans-neon-sign-royalty-free-image/173610801 Predatory lenders thrive in Texas, where regulations are scarce on stores that offer payday advance loans and allow borrowers to put their cars up as collateral for high-cost, short-term credit. But a trio of bills being … Continue reading

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5 Ways It’s Become a Crime to Be Poor in America, Punishable by Further Impoverishment

By Terrell Jermaine Starr The criminalization of America’s poor has been quietly gaining steam for years, but a recent study, “The Poor Get Prison,” co-authored by Karen Dolan and Jodi L. Carr, reveals the startling extent to which American municipalities … Continue reading

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The Economics of Ferguson: Emerson Electric, Municipal Fines, Discriminatory Policing

By Walter Johnson Take a walk along West Florissant Avenue, in Ferguson, Missouri. Head south of the burned-out Quik Trip and the famous McDonalds, south of the intersection with Chambers, south almost to the city limit, to the corner of … Continue reading

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How Slavery Gave Capitalism Its Start

By Eric Herschthal Capitalism in the U.S. owes much of its start to slavery, which in turn owed much of its success to government handouts. Perhaps the most durable myth about slavery is that it was utterly incompatible with capitalism. Well … Continue reading

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Walmart shareholders will not get to vote on gender pay gap proposal

By Jana Kasperkevic Thanks to a no-action letter from the US Securities and Exchange Commission, Walmart was allowed to block a shareholder vote on a resolution that would require it to disclose any gender pay gap. The resolution was not … Continue reading

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The Man Who Broke the Music Business

By Stephen Witt One Saturday in 1994, Bennie Lydell Glover, a temporary employee at the PolyGram compact-disk manufacturing plant in Kings Mountain, North Carolina, went to a party at the house of a co-worker. He was angling for a permanent … Continue reading

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Breaking Ad: When Hip-Hop First Went Corporate

By Kyle Coward First up is the Wu-Tang Clan’s Method Man rapping over a minor-key piano sample atop a classic East Coast boom-bap beat, climaxing with a roar and proclaiming that he likes to wet his whistle with a 40-ounce. … Continue reading

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The True Cost of Gun Violence in America

By Mark Follman, Julia Lurie, Jaeah Lee, James West, based on research by Ted Miller It was a mild, crystal clear desert evening on November 15, 2004, when Jennifer Longdon and her fiance, David Rueckert, closed up his martial-arts studio … Continue reading

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