Media Bits and Bytes - What You Don’t Know edition

Published by Portside
Google says the FBI is secretly spying on some of its customers; Journalists in the service of Pete Peterson; "Actipedia" Crowdsourcing platform goes public; Digital Elite flirts with Socialism (and Nixon) at TED; Commotion wireless: free and open way to network; Moving from an age of Internet scarcity to abundance; Apps are creating new jobs, but also adding to unemployment; Meet the new mobile workers; Quantum Computing moves forward...

Recovery in U.S. Is Lifting Profits, but Not Adding Jobs

Nelson D. Schwartz The New York Times
With the Dow Jones industrial average flirting with a record high, the split between American workers and the companies that employ them is widening and could worsen in the next few months as federal budget cuts take hold.

labor

Growth of Income Inequality Blocks Recovery

JACK RAMUS Talking Union
Growing income inequality—approaching now obscene levels—is not simply a ‘moral outrage’. It not only represents a gross violation of historically held American values or reasonable equality for all. It is a condition that has served, and continues to serve, as a major cause of the lack of sustained economic recovery in the US now for five years—as well as a major factor in explaining why the US continues today to drift toward another ‘double dip’ recession.
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