Economic Justice

Wall Street Opposes Lowering Drug Prices, Prefers Exorbitant Profits

Katya Schwenk / The Lever Feb 22, 2024 The government is trying to make good on its promise to regulate overpriced prescription drugs, but private equity doesn't want to lose its extremely lucrative income stream. Dig deeper ( 7 Min. Read )

E-Scooters Are Giving Cities Headaches—and Worse

Geri Spieler / Truthdig Feb 21, 2019 Tech-happy riders in San Francisco and Los Angeles love the new "green" machines, but for other city dwellers, they're hell on wheels. Dig deeper ( 7 Min. Read )

Prince’s Seed Money in Clean-Tech Incubator Is Sign O’ the Times

Staff / Truthdig Jun 12, 2017 Before his abrupt death a year ago, the pop musician made an investment in green energy that's now helping solar startups weather an assault by President Trump. Dig deeper ( 4 Min. Read )

Photo of the Week: Elon Musk’s Falcon 9, Up in Flames

BLANK Sep 3, 2016 That part of the left-wing mind that ranges from suspicion to rejection of the doctrine of private wealth was allowed a touch of schadenfreude when the billionaire’s dream flashed hues of yellow and orange before shaking buildings for several miles around. Dig deeper ( 3 Min. Read )

Juicero: The Pulpy Silicon Valley Parody That Wasn’t

Kasia Anderson / Truthdig Apr 3, 2016 Want a shot of wheatgrass with that b.s.? Dig deeper ( 3 Min. Read )

The SEC Illustrates the Danger of Regulatory Capture

David Sirota / Truthdig Mar 30, 2015 The phrase "regulatory capture" shrouds a serious problem in vaguely academic jargon, making it seem like unimportant esoterica rather than anything noteworthy. Dig deeper ( 3 Min. Read )

Venture Capitalist Apologizes for Comparing 1-Percenters to Victims of the Holocaust

Peter Z. Scheer / Truthdig Jan 28, 2014 Dig deeper ( 2 Min. Read )

Twitter Wants to Be More Like Facebook

Peter Z. Scheer / Truthdig Jul 10, 2012 The cute little communicator that helped topple Hosni Mubarak is reportedly so focused on advertising dollars that it plans to impose severe restrictions on third-party partners. Essentially, Twitter wants to have more control over users so it can have more control over how they see ads. Dig deeper ( 2 Min. Read )

Gore Puts Venture Money Where His Mouth Is

Staff / Truthdig Nov 13, 2007 Al Gore's Generation Investment Management has teamed up with venture capital heavyweight Kleiner Perkins Caufield & Byers to try to close the "significant gap between the capital needed and the capital currently deployed to create enduring solutions to the climate crisis." The alliance will have a global focus and will seek to multiply by "many times" the $200 million already invested by KPCB in green projects. Dig deeper ( 2 Min. Read )