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How Billionaires Use the Government as a Tool to Destroy Companies They've Bet Against

Les Leopold comments_image 35 COMMENTS Alternet
This is the heart of the new financialism and it is happening all over the country. If this were just one isolated case, we could probably live with it. It might even lead to a new law that would outlaw Ackman's outrageous behavior. But this kind of de-creative destruction is now a central feature of our new financialized economy. It is now routine for big-time investors to make bets against companies and then try to bring those companies down using a variety of tactics.

Earth Day, Labor, and Me

Joe Uehlein ZNetwork
When it comes to the environment, organized labor has two hearts beating within a single breast.

Raising Our Expectations

Sam Gindin Jacobin
Jane McAlevey challenges the Left to stop lamenting its disappointments in the working class and address our own failures.

Carl Bloice: 1939-2014 Goodnight Sweet Poet

Conn Hallinan Dispatches From the Edge
Conn Hallinan remembers Carl Bloice— Foreign Policy In Focus columnist, longtime journalist and lifetime advocate for the dispossessed.