Will Drive for Food and Sex

Q: How did the “sharing economy” become a predatory landscape?

A: It’s simple; Capitalism is a predatory beast. Corporations will appropriate idealism, deceive customers, cheat workers, and squander good will in a New York Minute if doing so accrues value to shareholders and executives.

As Dean Baker wrote in CounterPunch several years ago, “… in their exuberance over the next big thing, many boosters [of the sharing economy] have overlooked the reality that this new business model is largely based on evading regulations and breaking the law.” He’s right about the criminality but his piece paints sharing with too broad a brush.

There’s an old Russian proverb that Trump and his minions should take to heart: “A fish rots from the head.” It’s redolent of the kind of moral decay that sets in when CEOs mistake market share, earnings and valuation for virtue. The stench that now pervades the entire economy is overpowering to everyone who doesn’t have a financial bubble to wall it out. Continue reading “Will Drive for Food and Sex”

What Would Henry Do?

[Dug out this 2006 essay from my archives because it seems to apply as much now as a decade ago. Only the technology has moved on, not the human species.]

Dedicated to Peter Balen

If life has you feeling more overwhelmed and less able to cope all the time, it might not just be encroaching senility, the accumulation of bad chemicals in your body, or even 9-11. Consider what might connect such random areas of interest as

  • Prescription drug programs
  • Retirement planning
  • Airline deregulation
  • The blogosphere
  • School vouchers
  • Globalization

Continue reading “What Would Henry Do?”