Discover and read the best of Twitter Threads about #monopolies

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Today's Twitter threads (a Twitter thread).

Inside: Wall Street Journal goes to bat for the vultures who want to steal your house; and more!

Archived at: pluralistic.net/2023/06/04/vul…

#Pluralistic

1/ A Georgian eviction scene i...
Tonight (5/6) at 7:15PM, I'm at the #BritishLibrary with my book *Red Team Blues* for an event hosted by @Marthalanefox:

bl.uk/events/an-even…

Tomorrow 6/6, I'm doing a remote panel on #interoperability for @rightscon:

eff.org/deeplinks/2023…

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Wall Street Journal goes to bat for the vultures who want to steal your house: When the editorial page leaks into the news.



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Read 31 tweets
David Roth memorably described the job of neoliberal economists as finding "new ways to say 'actually, your boss is right.'" Not just bosses: economists are a bulwark against obvious answers to our worst agonies: wages, education, health and shelter:

popula.com/2023/04/30/yak…

1/ A beautifully laid dining r...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/05/16/mor…

2/
How can we solve the student debt crisis? Well, we could cancel student debt and regulate the price of education, either directly or through free state college.

How can we solve America's heath-debt crisis? We could cancel health debt and create #MedicareForAll.

3/
Read 44 tweets
Growing up in #Toronto, I held #NYC in awe. Per the joke, one Torontonian changes the lightbulb, the other goes New York to make sure lightbulbs are still in. I had a *great* place to stay in the City: my cousin Maxine's rent-controlled place in a midtown doorman building.

1/ A uniformed doorman standin...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/04/21/bon…

2/
Max was impossibly glamorous: a perfectly coiffed office manager at Colgate-Palmolive who earned an anthropology degree at CUNY, volunteered at the Brooklyn Zoo, and knew every trick for getting cheap tickets for museums, galleries and shows.

3/
Read 56 tweets
When students of statistics are introduced to creating and interpreting models, they are introduced to George Box's maxim:

*All models are wrong, some are useful.*

It's a call for humility and perspective, a reminder to superimpose the messy world on your clean lines. 1/ A Tron-like plane of glowing grid-squares. Two spherical cow
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/04/03/all… 2/
Even with this benediction, modeling is forever prone to the cardinal sin of insisting that complex reality can be reduced to "a perfectly spherical cow of uniform density on a frictionless plane." 3/
Read 67 tweets
For many #ConstitutionalLaw scholars, last years' #Dobbs decision on #AbortionRights at the #SupremeCourt came as a dismaying shock, because it showed conclusively that #conlaw wasn't a realm of ideologically consistent intellectual foment, but rather, a matter of *politics*. 1/ A kraken strangling a coin-...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/03/25/con… 2/
Writing for @CreditSlips, the #FinanceLaw scholar #AdamLevitin admits to feeling a bit of schadenfreude in that moment. The "blue collar" law scholars in "grubby" banking and money fields have always treated the conlaw set as "slightly clueless toffs":

creditslips.org/creditslips/20… 3/
Read 53 tweets
#Jetblue is trying to buy #SpiritAirlines. It's a terrible idea. Consolidation in the US aviation industry has resulted in higher fares, less reliable planes, spiraling junk-fees, and brutal conditions for flight- and ground-crews. 1/ A crashed WWI biplane, rede...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/03/12/the… 2/
The four remaining US major airlines, who gobbled their rivals, are three times more profitable than their European counterparts:

economist.com/leaders/2017/0…

That's great news if you're an airline shareholder. 3/
Read 27 tweets
#Dow plastered #Singapore with ads for a sneaker #recycling program, promising to turn shoes into playground tracks. But the shoes it collected in "recycling" bins got dumped illegally in #Indonesia. This isn't strange: it's how nearly *all* plastic recycling *always* worked. 1/ A woman kneeling to tie her running shoe. She stands on a ba
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/02/26/car… 2/
Plastic recycling's origin story starts in 1973, when #Exxon's scientists concluded that plastic recycling would never, ever be cost-effective (#ExxonKnew about this, too). 3/
Read 59 tweets
When a #FreightTrain carrying toxic chemicals derailed near #EastPalestine, #Ohio, bursting into flame and sending up clouds of poisonous vinyl chloride smoke and gas, our immediate concerns were for the people in harm's way and the train's crew:

nytimes.com/2023/02/04/us/… 1/ A locomotive steaming away ...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/02/11/din… 2/
Those immediate concerns were soon joined by broader worries: that the entire rail industry presented a systematic danger, and the Ohio #derailment was a symptom of a much deeper pathology that endangered anyone who lives near one of the rail corridors that crisscross the US. 3/
Read 31 tweets
The media spectacle of #GenerativeAI (in which AI companies' breathless claims of their software's sorcerous powers are endlessly repeated) has understandably alarmed many #CreativeWorkers, a group that's already traumatized by extractive abuse by media and tech companies. 1/ A poster for the 1933 movie 'The Monkey's Paw.' The fainting
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/02/09/ai-… 2/
Even though the claims about "#AI" are overblown and overhyped, creators are right to be alarmed. Their bosses would like nothing more than to fire them and replace them with pliable software. 3/
Read 47 tweets
Today's Twitter threads (a Twitter thread).

Inside: Higher interest rates increase both the monetary supply and inflation; and more!

Archived at: pluralistic.net/2023/02/04/if-…

#Pluralistic 1/ A portrait of Milton Friedman looking pensive, his chin in h
Next week (Feb 8-17), I'll be in #Australia, touring my book #ChokepointCapitalism* with my co-author, @rgibli. We'll be in #Brisbane on Feb 8, and then we're doing a remote event for #NZ on Feb 9. Next is #Melbourne, #Sydney and #Canberra.

chokepointcapitalism.com 2/
Higher interest rates increase both the monetary supply and inflation: It takes a lot of motivated reasoning to believe otherwise.

3/
Read 20 tweets
Today's Twitter threads (a Twitter thread).

Inside: Netflix wants to chop down your family tree; and more!

Archived at: pluralistic.net/2023/02/02/non…

#Pluralistic 1/ A Victorian family tree tem...
From Feb 8-17, I'll be in #Australia, touring my book #ChokepointCapitalism with my co-author, Rebecca Giblin. We'll be in #Brisbane, #Melbourne, #Sydney and #Canberra, and I hope to see you!

pluralistic.net/2023/01/30/i-c… 2/ Image
Netflix wants to chop down your family tree: The enshittification cycle comes for your most private domain.

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Read 20 tweets
Here's the #inflation story you're expected to believe (advance warning: this story is entirely false): America gave the poors too much money during the lockdown and now the #economy is awash in #FreeMoney, which made those poors so rich that now they're refusing to work. 1/ A vintage postcard illustration of the Federal Reserve build
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/12/14/med… 2/
That means the economy isn't making anything anymore. With all that extra money and all those missing workers, prices are skyrocketing.

To hear ghouls like @LHSummers tell it, there is only one answer to this. 3/
Read 73 tweets
Finally, the #GoldacreReview is published! (During Parliamentary Easter holidays, mid-ping-pong on the #HealthAndCareBill...)

It's 221 pages - each PDF page is a double page spread - so this could be a lo-o-o-ong [Thread].

Here goes...
First point to note, in the Terms of Reference (p5), is that this is about "access to #NHSdata by #researchers, #commissioners, and #innovators" - i.e. #Planning and #CommercialReUse - so it is directly relevant to the operation of millions of people's #NationalDataOptOuts... Terms of reference for the review  1. How do we facilitate a
"185 wide-ranging recommendations for us to explore", says @sajidjavid (p6). Gulp! Time for some coffee...

"systems that ensure #underrepresented groups are well represented" may (partly) refer to this "landmark review", which got off to a slow start:

gov.uk/government/new… The far-reaching independent review into potential ethnic bi
Read 159 tweets
Daily Bookmarks to GAVNet 12/03/2021 greeneracresvaluenetwork.wordpress.com/2021/12/03/dai…
Monarch butterflies may be thriving after years of decline. Is it a comeback?

theguardian.com/us-news/2021/n…

#MonarchButterflies #PopulationIncrease #DataAnalysis
Ignorant and Afraid - by eugyppius - eugyppius: a plague chronicle

eugyppius.substack.com/p/ignorant-and…

#politicians #bureaucrats #propaganda #information #ignorance #fear
Read 11 tweets
Today, COC is launching our #BreakUpBigTech campaign. With all of the recent @Facebook news, it’s urgent #Congress pass #antitrust reform.

An outage at 1 company shouldn't knock out 3 of the largest social platforms. #BigTech monopolies put economic justice at risk. A thread 🧵
Without #antitrust regulation, #tech giants like @Google, @Facebook, @Amazon, & @Apple allow the civil rights of Black people to be violated. Corporations use surveillance networks that span across the #Internet to collect information about you that's sold to advertisers.
Advertisers run targeted ads & online marketplaces. This #data is used to discriminate against Black users, denying us opportunities for employment or home loans.

#BigTech shouldn’t have so much power that they can choose to ignore hate speech & misinfo continue to make profits.
Read 5 tweets
STRONG #MONOPOLIES

#IRCTC > 100% Market share in Rail Network.

#IEX >90% market share in power trading.

#Zyduswellness >90% market share in sugar free product.

#Eichermotors >85% market share in 250cc bikes category.

#MCX >85% market share in commodity trading.

1/n
#Coalindia >80% market share in coal production in India.

#ITC >75% market share in cigarettes.

#HondaSiel >75% in portable power generators.

#HindustanZinc >75% market share in primary zinc industry.

#AsahiIndiaGlass >70% market share in automotive glass.

2/n
#NRBBearings >70% market share in needle roller bearings.

#Pidilite >65% market share in adhesives.

#CAMS >65% market share in RTA within mutual fund industry.

#TimeTechnoplast >65% market share in polymer based industrial packaging.

3/n
Read 10 tweets
Daily Bookmarks to GAVNet 05/22/2021 greeneracresvaluenetwork.wordpress.com/2021/05/22/dai…
A Scratched Hint of Ancient Ties Stirs National Furies in Europe

nytimes.com/2021/05/16/wor…

#archaeology #europe #runes #slavic #nativism #nationalism #debate
Zoltan On The Coming QE Endgame: "Banks Have No More Space For Reserves"

zerohedge.com/markets/zoltan…

#banking #reserves #TheFed #FinancialSystem
Read 10 tweets
It's been a whole day since we tweeted Part 2 of this chapter, so let us remind you: #AdamSmith just said that the colonies got nothing that helped them succeed from the mother country. (IV.vii.c) #WealthOfTweets #SmithTweets
So these two opening sentences are pretty heckin’ sarcastic:
Now we've seen the great advantages the colonies got (they got nothing!) (IV.vii.c.1)
So what have been the great advantages to Europe! (IV.vii.c.2)

Seems like there’s a...tone there. #WealthOfTweets #SmithTweets
Europeans buy goods from America, and Americans buy European goods as well. Even countries that don’t trade directly with America have benefited. (IV.vii.c.3–8) #WealthOfTweets #SmithTweets
Read 28 tweets
#Farmers are standing up for some basic needs, the #FarmersBillOfRights. We need these in order to survive as producers & caretakers of our shared land, water, soil, & communities. Join our fight!
Thanks to the original co-sponsors: @RepDebHaaland, @chelliepingree & @CoryBooker
@RepDebHaaland @chelliepingree @CoryBooker Learn more about the #FarmersBillOfRights by reading this quick synopsis: bit.ly/3bjDITB
@RepDebHaaland @chelliepingree @CoryBooker 1) RIGHT TO FAIR, OPEN MARKETS: We need #competitive marketplaces to buy seeds, supplies & goods, & sell the fruits of our labor. It's become nearly impossible for independent rural businesses to compete with multinational #monopolies. Farmers need strong #antitrust. #bustupbigag
Read 13 tweets
My 140 favorite quotes from The Ethics of Money Production (2008), by Jörg Guido Hülsmann
1. #Money is omnipresent in modern life, yet the production of money does not seem to warrant any moral assessment”. J.G.Hülsmann
2. “To be sure, central bank representatives are lecturing the public on the importance of business #ethics; but their concerns do not seem to apply to themselves”. J.G.Hülsmann
Read 142 tweets
Residential ISPs have been operating under a massively flawed business model for years now, and seem to have no interest in change said model. @ATT @GetSpectrum and others believe that customer churn is an acceptable cost of doing business.
So long as they can successfully seduce an equal or greater volume of new customers each month, to offset loss of customers due to their shady price hikes, these near #monopolies are happy.
Any intelligent market analyst will note, though, that inevitably accelerating changes in technology always disrupt long-established yet unchanging business models. These large behemoths are lumbering along as if their revenue streams are secure.
Read 9 tweets
💣Tick Tock💣

The Dir of National Intelligence says Russia poses a threat to Midterm Elections. But Trump doesnt seem to care.😱 Putin is ecstatic!

Cohen chatted with a lot of foreign ‘agents’ re Trump Moscow & some had knowledge of or actively interfered w/ the 2016 Elex.
💣Tick Tock2💣

Per emails Banks & Wigmore (Vote.Leave) chatted often w/ the RU Amb. in London while they campaigned for & met w/, Trump in 2016.

McGahn recused his entire staff last summer from working on the RU investigation

Sarah Sanders, Raj Shah planning to depart the WH
💣Tick Tock3💣

Unredacted gov’t exhibit re attempts by Manafort & Kilimnik to influence witness stories released.

New Cohen filing in the Matter of Search Warrants Executed: Order released.

Cohen likely to cooperate as his attorneys leave case....he is shopping for new attys.
Read 70 tweets

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