When Shareholder Capitalism Came to Town – “In the recent history of bad ideas, few have had a more pernicious effect than the one that corporations should be managed to maximize ‘shareholder value.’ Indeed, much of what we perceive to be wrong with the American economy these days—the slowing growth and rising inequality, the recurring scandals and wild swings from boom to bust, the inadequate investment in research and development and worker training—has its roots in this misguided ideology. It is an ideology, moreover, that has no basis in history, in law, or in logic. What began in the 1970s and 1980s as a useful corrective to self-satisfied managerial mediocrity has become a corrupting self-interested dogma peddled by finance professors, Wall Street money managers, and overcompensated corporate executives.
Julian Assange Goes Where Glenn Greenwald Wouldn’t – “Though they’re often lumped together as crusaders against state secrets, WikiLeaks founder Julian Assange and journalist Glenn Greenwald don’t always see eye to eye. Their differences spilled into public view this week, when the WikiLeaks Twitter account took Greenwald and his site, The Intercept, to task for redacting the name of a country where the United States government is recording every phone call.