free market at work

:mjlol: @ 20 mins Yaron says the government should not play a part in creating infrastructure. States the government did not create the internet. Later Yaron downplays the role of slavery in the economic growth of the U.S. in the 19th century.

As the title says. These companies own ~90% of the groceries Americans consume. These 11 Companies Control Everything You Buy - Wikibuy These 10 companies control everything you buy Kellogg’s Founded: 1906 (as Battle Creek Toasted Corn Flake Company) 2017 revenue: $12.93 billion USD Major...

Income Inequality: Why the Economy Is Not Right for All Americans Apr.08 -- Peter Georgescu, chairman emeritus at Young & Rubicam and author of "Capitalists Arise!," and Torsten Slok, chief international economist at Deutsche Bank, discuss the challenges presented by income inequality and the...

Peter Georgescu, chairman emeritus at Young & Rubicam and author of "Capitalists Arise!," and Torsten Slok, chief international economist at Deutsche Bank, discuss the challenges presented by income inequality and the depth of the problem in the United States. They speak on "Bloomberg Daybreak...

Based on my award nominated group econmoics pizza thread.... http://www.thecoli.com/threads/black-people-need-to-start-learning-how-to-make-and-sell-pizza.340403/* Think about it... go to any urban center or metropolis and you always have a visible or noticeable section of Asians, usually...

Electronics for Imaging paid several employees from India as little as $1.21 an hour to help install computer systems at the company's Fremont headquarters, federal labor officials said Wednesday. "We are not going to tolerate this kind of behavior from employers," said Susana Blanco, district...

http://online.wsj.com/articles/indiana-toll-road-operator-files-for-bankruptcy-1411395866 Indiana Toll Road Operator Files for Bankruptcy Governor Says 'Hoosiers Can Expect Business as Usual' on Main Artery Through State By SARA RANDAZZO And PATRICK FITZGERALD CONNECT Updated Sept. 22, 2014...

source Just another consequence of the war on labor. And for those that think these deplorable low-wage workers aren't deserving of fair treatment and thus this sort of behavior is OK, the same is happening to workers higher on the food chain, in Silicon Valley.

Why Companies Don't Train Workers Anymore - Businessweek mobile.businessweek.com/articles/2014-08-22/is-on-the-job-training-still-worth-it-for-companies Why Companies Don't Train Workers Anymore By Allison Schrager August 22, 2014 5:56 AM EDT Yesterday my colleague, Matthew Philips, raised an...

http://threepercenternation.com/2014/08/burger-robot-to-replace-minimum-wage-protesters/ Burger robot to replace minimum wage protesters What happens when you protest for a wage that your skills (rather the lack thereof), and demand it before you’ll work for the wage you agreed to earn ...

A U.S. district judge on Friday ruled that the $324.5 million settlement negotiated by Apple, Google, Intel, and Adobe with the tech workers who brought an antitrust lawsuit against them was too low. The judge cited the settlement amount of a similar lawsuit brought against Disney and Intuit...

http://m.startribune.com/?id=270235821 Stillwater cafe faces heat for adding 'minimum wage fee' to tab A small cafe in Stillwater has thrown itself into the big battle over Minnesota’s minimum wage increases, inundating the cafe with dozens of phone calls and online comments this week after it...

http://thinkprogress.org/economy/2014/07/23/3463066/ceo-pay-stock-performance/ by Bryce Covert Posted on July 23, 2014 at 8:45 am Updated: July 23, 2014 at 4:06 pm CEOs like to justify their sky-high pay by saying it rewards their work in steering companies toward better performance. But a new...

Thanks to globalization and trade, middle-class incomes have more than doubled in countries like China and Indonesia, but still remain a fraction of those earned by the middle class in Europe or the United States . Meanwhile, in Europe, the United States and Japan, incomes for the middle class...

BY BRYCE COVERT POSTED ON JULY 31, 2014 AT 10:03 AM UPDATED: JULY 31, 2014 AT 11:56 AM CREDIT: AP Juanita O’Connell, a 60-year-old Taco Bell employee, has sued the company after she says she was fired for hiring Hispanic employees. O’Connell, who is of Mexican descent herself, has worked at...

By Josh Eidelson July 29, 2014 Photograph by Tim Boyle/Bloomberg The fast-food business model just suffered a blow. The top prosecutor for the federal labor board has rejected McDonald’s (MCD) claim that it’s not the boss of the workers in its franchised stores. Within the past 21 months—the...

http://qz.com/240827/ive-worked-at-mcdonalds-for-10-years-and-still-make-7-35-an-hour/ I’ve worked at McDonald’s for 10 years and still make $7.35 an hour As fast-food workers, we prepare burgers and fries, not balance sheets. We struggle to survive from paycheck to paycheck, without...

SOURCE: http://www.economist.com/blogs/analects/2014/07/food-safety?fsrc=scn/tw/te/bl/ed/notyum

Spend more than 6 minutes a day in the bathroom at Chicago's WaterSaver Faucet company and you'll face disciplinary measures. That's what a union contends the manufacturer is pulling: timing bathroom breaks and warning employees when they can't beat the clock. The union, Teamsters local 743...