Big Business Government

Eircom Saga: Pure Celtic Tiger

“It was a con,” says Paul Sweeney, an economist with the Siptu union. “It appealed to people’s greed … The people owned [Eircom] already. They were being sold their own company. https://www.irishtimes.com/culture/tv-radio-web/the-wolf-of-wall-street-meets-glenroe-ireland-at-the-height-of-the-eircom-bubble-1.4691076 It was sold as a good idea, a safe bet. And it wasn’t. It was pure financialisation, an insider win, outsider loss.

Big Business

CEO Value

How much more is a CEO worth than the rest of the workforce? Luke Hildyard, the director of the High Pay Centre, which campaigns for executive pay restraint, said: “Pay for top CEOs today is about 120 times that of the typical UK worker. Estimates suggest it was around 50 times at the turn of […]

Big Business Society

Tim Bray takes a stand

Tim Bray, now ex-VP in Amazon, quit his job in protest at the treatment of the warehouse workers: Amazon is exceptionally well-managed and has demonstrated great skill at spotting opportunities and building repeatable processes for exploiting them. It has a corresponding lack of vision about the human costs of the relentless growth and accumulation of […]

Big Brother Big Business Privacy

Surveillance Capitalism

Councils are sharing your data in the UK with whoever wants it, basically (” https://www.theguardian.com/technology/2020/feb/04/councils-let-firms-track-visits-to-webpages-on-benefits-and-disability “). Wolfie Christl, a technologist and researcher who has been investigating the ad-tech industry, said: “Public sector websites and apps should not use invasive third-party tracking at all.” Johnny Ryan, the chief policy officer at the anonymous web browser Brave, […]