Pluralistic: Mike Lee and Jim Jordan want to kill the law that bans companies from cheating you (29 Apr 2025) – Pluralistic: Daily links from Cory Doctorow
pluralistic.net
Pluralistic: Mike Lee and Jim Jordan want to kill the law that bans companies from cheating you (29 Apr 2025) – Pluralistic: Daily links from Cory Doctorow
From its inception, Robinhood was designed to profit by selling its customers’ trading data to the very sharks on Wall Street who have spent decades—and made billions—outmaneuvering investors. In fact, an analysis reveals that the more risk Robinhood’s customers take in their hyperactive trading accounts, the more the Silicon Valley startup profits... See more
Jeff Kauflin • Error PageSecurity Violation (403)
All of this amounts to just a more fancy way of demonstrating Roosevelt’s point: Concentrated private power can serve as a threat to the Constitutional design, and the enforcement of the antitrust law can provide a final check on private power. This, by itself, provides an independent rationale for enforcement of the antitrust laws.
Tim Wu • The Curse of Bigness: Antitrust in the New Gilded Age
“We could just ban surveillance capitalism.”
Johann Hari • Stolen Focus: Why You Can't Pay Attention--and How to Think Deeply Again
Attempts to confer legal rights of personhood to Lake Erie were struck down by the courts, while laws that bestow on corporations the rights of people continue unchallenged. And there’s a reason: it’s easier to scoop the heart out of a mountain when it’s a resource than when it’s a living relative.
Raj Patel • Inflamed: Deep Medicine and the Anatomy of Injustice
One area where regulators should concentrate, however, is commercial speech and paid political speech that goes undisclosed by influencers. Consumers have a right to be informed about the financial incentives of the people who promote products and politicians.