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More from @doctorow

Feb 2
Today's Twitter threads (a Twitter thread).

Inside: To fight inflation, fight monopolies; How noncompetes shackle workers to dead-end jobs; Agricultural right to repair law is a no-brainer; and more!

Archived at: pluralistic.net/2022/02/02/its…

#Pluralistic 1/ Image: Cryteria (modified) ...
To fight inflation, fight monopolies: Cartels raise prices using supply chain and "generous" benefits as cover for price-gouging.

2/ Image
How noncompetes shackle workers to dead-end jobs: "You can't work for anyone who competes with Amazon for the next 18 months."

3/ Image
Read 21 tweets
Feb 2
John Deere was once an American icon, beloved by workers for good wages and job security, and by farmers, who co-innovated new agricultural techniques and technologies. Today, it's a case-study in the horrors of finance capitalism. 1/ A vintage John Deere tracto...
If you'd like an unrolled version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/02/02/its… 2/
Today, the company is rotten to the core. Despite skyrocketing profits, the company has continued to grind down its workers, sparking a strike by all 10,000 of its workers. 3/
Read 19 tweets
Feb 2
You've heard about the #GreatResignation, the legions of American workers who have reached a breaking point with their abusive, underpaid jobs and jumped ship. 1/  Image: Cryteria (modified)...
It's a remarkable, spontaneous, uncoordinated uprising that sees Alice quitting her job and Bob quitting his, and then Alice getting Bob's old job at a better wage, and Bob getting Alice's old job at a better wage, too. 2/
After 40 years of wage stagnation, workers are finally starting to claim back some of the share of the profits that had been diverted from people who do things to people who own things.

But as great as the Great Resignation is, it could be greater. 3/
Read 19 tweets
Feb 2
The majority of the public blames #inflation on price-gouging. That's not surprising, because the CEOs of monopolistic companies keep boasting about their record profits even as they raise prices. 1/ A caricature of a top-hatte...
If a company raises prices *and* margins, then we don't have an "inflation" problem, we have a price-fixing problem.

pluralistic.net/2021/11/20/qui…

And yet, the majority of *economists* insist that this is impossible. 2/
They hew to the Reagan-era doctrine that says that inflation is always the result of giving poor people too much money, which leads to the "wage-price spiral." The answer is to hike interest rates, cut "generous" benefits and take away labor rights. 3/
Read 23 tweets
Feb 1
Today's Twitter threads (a Twitter thread).

Inside: The Mafia hires good accountants; and more!

Archived at: pluralistic.net/2022/02/01/col…

#Pluralistic 1/ Image
The Mafia hires good accountants: Honest cheaters enable the mob.

2/ Image
#15yrsago Schoolkids “passing notes” by commenting on random blog-posts web.archive.org/web/2007020304…

#15yrsago 9/11 Commission Report hobbled by #DRM web.archive.org/web/2007020401… 3/ Image
Read 20 tweets

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