Tag Archives | Business

Ayn Rand Goes Electro?

Apparently, (according to the press) this single (and the album it comes from) are sponsored by the “Pan-National Ayn Rand Institute.” Supposed motivational music for the new age of self-actualization, innovation, hyper-corporate marketing, social networking and speculation. A bit like an updated (electro!) version of ‘industrial musicals’ (a la Steve Young’s magnificent “Everything’s Coming Up Profits” book)

And here is the full blurb – http://www.ant-zen.com/act/act314.htm

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A Brief History of disinformation® and Its Sister Labels

History – disinformation® and Formation of TDC Entertainment

TDCFormed in 1997, The Disinformation Company is an independent media company that produces and distributes quality documentary films. The company’s lead brand disinformation® also includes the blog we’ve all come to know and love (or hate) and the Disinformation Books imprint, now operated by Red Wheel/Weiser.

In 2011, we formed True Mind Films. While disinformation® focuses primarily on politics and social activism, True Mind “is dedicated to healthy living, environmental wellness and personal development.” Some of its films include Bee People, How it All Began: The Origins of the Universal Healing Tao and Planeat.

In 2012, a third label was born: Shelter Island, our home for quality documentaries and special interest video that don’t quite fit the mould of disinformation® or True Mind. Releases include Doctors of the Dark Side, Journey of the Universe, and American Jesus.

To unite all of these labels, in 2013 we changed the company’s trading name to TDC Entertainment.… Read the rest

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Rebooting the Net Neutrality

PIC: Perumalism (CC)

PIC: Perumalism (CC)

The Atlantic on why recent net neutrality foul-ups are really bad for business, especially the small start-ups that fuel innovation.

via The Case for Rebooting the Network Neutrality Debate – ​Barbara van Schewick – The Atlantic.

Entrepreneurs and startups know that the threat of blocking and discrimination undermines their ability to get funding. As legendary venture capitalist Fred Wilson—whose firm Union Square Ventures was an early investor in Twitter, Foursquare, Zynga, and other Web 2.0 household names—pointed out:

“Many VCs such as our firm would not invest in the mobile Internet when it was controlled by carriers who set the rules, picked winners, and used predatory tactics to control their networks. Once Apple opened up competition with the iPhone and the app store, many firms changed their approach, including our firm.”

In 2007, while the FCC was investigating Comcast’s blocking of peer-to-peer file-sharing applications like BitTorrent, many entrepreneurs told me that they couldn’t get funding because investors were concerned their application would be singled out for discriminatory bandwidth management.

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The Coming Backlash Against Silicon Valley

facebookVia the Economist, Adrian Wooldridge on seeing the giant tech corporations for what they really are:

Geeks have turned out to be some of the most ruthless capitalists around. A few years ago the new economy was a wide-open frontier. Today it is dominated by a handful of tightly held oligopolies. Google and Apple provide over 90% of the operating systems for smartphones. Facebook counts more than half of North Americans and Europeans as its customers.

The lords of cyberspace have done everything possible to reduce their earthly costs. They employ remarkably few people: with a market cap of $290 billion Google is about six times bigger than GM but employs only around a fifth as many workers.

At the same time the tech tycoons have displayed a banker-like enthusiasm for hoovering up public subsidies and then avoiding taxes. The American government laid the foundations of the tech revolution by investing heavily in the creation of everything from the internet to digital personal assistants.

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Third Prominent Banker In Six Days Found Dead Of Apparent Suicide

fed_banker In what seems like a bizarre coincidence, top officials from JPMorgan Chase, Deutsche Bank, and the Federal Reserve seemingly took their own lives last week, HousingWire notes:

Bloomberg is reporting this morning that former Federal Reserve economist Mike Dueker was found dead in an apparent suicide near Tacoma, Washington. Dueker, 50, a chief economist at Russell Investments, had been missing since Jan. 29 and was reportedly having troubles at work.

Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday.

On Sunday, William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide. On Tuesday, Gabriel Magee, 39, vice president at JPMorgan Chase & Co’s London headquarters, apparently jumped to his death from a building in the Canary Wharf area.

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The Occult On Wall Street: The Art Of Financial Astrology

zodiac

The Telegraph claims that a surprising number of mainstream investment bankers make decisions based on astrology. Can you envision this growing into a quasi-religious cult?

Donald Bradley’s method of foreseeing changes in the market involved assigning a numerical value to the position of the planets and stars and plotting the values on a graph. The peaks and troughs of that line should, in theory, plot “turns” in the fortunes of stocks, bonds and commodities. It sounds utterly mad, but the model has been described by market watcher Peter Eliades as “eerily accurate”.

I wanted to do a statistical analysis of his method and use it if it worked,” says Crawford. Back in the library, Crawford found records of the Dow Jones going back to 1885 and a book outlining the details of planetary positions. After comparing the two, he was impressed.

So Crawford began using astrology alongside his technical analysis. Over the years, Crawford found his predictions working out so well that, in 1977, he set up business as a full-time astrological adviser.

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Switzerland To Vote On Radically Limiting CEOs’ Pay Nationwide

ZurichMontageMost likely with fists clenched and all the blood drained from its face, the Wall Street Journal reports:

Switzerland is expected to vote later this year on a proposal to place further limits on executive pay, the latest effort to govern corporate compensation in a country that recently approved some of the world’s strictest say-on-pay rules.

The Young Socialists have collected more than 100,000 signatures—the threshold needed to call a vote—in support of a referendum to limit executive salaries to 12 times those of a company’s lowest-paid employee.

The campaign, dubbed the 1:12 Initiative for Fair Pay, is named for the organizers’ belief that no one in a company should earn more in one month than the lowest-paid employee makes in a year.

The Swiss Federal Council, the country’s cabinet, has advised the parliament to recommend that voters reject the proposal. However a poll earlier this month showed 49.5% of respondents were in favor of the 1:12 Initiative, 40.5% against and 10% undecided.

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Government Shutdown Doesn’t Slow Negotiations On The Trans-Pacific Partnership

tpp

Democracy Now! reports the latest on the previously discussed sinister and corporate power-grab:

As the federal government shutdown continues, Secretary of State John Kerry heads to Asia for secret talks on a sweeping new trade deal, the Trans-Pacific Partnership.

The TPP is often referred to by critics as “NAFTA on steroids,” and would establish a free trade zone that would stretch from Vietnam to Chile, encompassing 800 million people and nearly 40 percent of the global economy. While the text of the treaty has been largely negotiated behind closed doors and, until June, kept secret from Congress, more than 600 corporate advisers reportedly have access to the measure, including employees of Halliburton and Monsanto.

“This is not mainly about trade,” says Lori Wallach, director of Public Citizen’s Global Trade Watch. “It is a corporate Trojan horse. The agreement has 29 chapters, and only five of them have to do with trade.

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