09:30:00 AM Ralph Nader: Opening Remarks
09:50:00 AM Bert Foer: Antitrust & How Kleptocracy Corrupts What Markets Are Supposed to Do
10:10:00 AM William Black: Financial and Insurance Rackets
10:30:00 AM Robert Kuttner: The Virtues and Limits of Markets
10:50:00 AM Greg LeRoy: Subsidies, Handouts, Giveaways and Bailouts
11:10:00 AM James Henry: Systematized Tax Evasion
11:30:00 AM Lunch
12:15:00 PM Russell Mokhiber: Systemic Corporate Crime—Business as Usual
12:35:00 PM Rob Weissman: How Market Fundamentalism Corrupts The Political Process
12:55:00 PM Dennis Kelleher: Endemic Market Failure/Inequality
01:15:00 PM Tom McGarity: The Assault on Regulation (And the Case for It)
01:35:00 PM Rena Steinzor: The Assault on Regulation (And the Case for It)
01:55:00 PM Damon Silvers: SEC and the Inadequacy of Financial Regulation
02:15:00 PM Joel Rogers: Public Goods
02:35:00 PM William Lazonick: Stock Buybacks
02:55:00 PM Lori Wallach: Market Fundamentalism and Trade
03:15:00 PM Steven Clifford: The Lack of a Free Market for Executive Compensation
03:35:00 PM Ralph Nader: Institutionalizing Lawlessness—Systematically Subverting Markets
3:50-4:30 PM Discussion » Lees verder
Is freedom of choice an illusion?
The rapid rise of variation in everyday goods and services, from which cereal we eat in the morning to which toothpaste we brush our teeth with at night, gives the perception of unlimited choice. For example, if you’re deciding which bottled water to buy, the possibilities range from budget brands, like Deer Park or Ozarka, to higher-end options, like Perrier or S. Pellegrino. But this appearance of choice is actually manufactured. All of the aforementioned brands are owned by one company: Nestle.
Despite the amount of choices in the consumer market, several big companies own a large majority of major brands, effectively controlling everything you buy.
So, how much of “choice” is really controlled by big business, and how well do Americans understand which corporations have a stake in the goods and services they rely on every day? To find out, we took an in-depth look at the major companies that own a majority of America’s food and consumer goods. Then, we surveyed 3,000 Americans about their understanding of which big businesses own which major brands. Check out our full visual below, or skip ahead to see our survey findings.
These 11 Consumer Goods and Food Companies Control What You Buy
Ceiling-high grocery store shelves may give the perception of endless options, but a closer look at the brands and the companies that own them reveal a complex interconnection. Check out our full visual above to get a better sense of just how intertwined some brands are, and read on to learn more about how well Americans understand this relationship.
Founded: 1906 (as Battle Creek Toasted Corn Flake Company)
2017 revenue: $12.93 billion USD
Major brands: Cheez-It, Eggo, Famous Amos, Keebler, Town House
2017 revenue: $15.62 billion USD
Major brands: Betty Crocker, Bisquick, Gold Medal, Cheerios, Chex
Founded: 2015 (merger between Kraft Foods Inc. and Heinz)
2017 revenue: $18.22 billion
Major brands: Heinz Ketchup,
I had written about some observation from singularity university almost 18 months back and if you look around then it seems everything is falling in place.
The original article below:
Singularity University, based in NASA Campus in Silicon Valley is the world’s leading learning-cum-incubator university for innovation and technology set-up in collaboration with NASA, Stanford etc and we had leading Silicon Valley entrepreneurs presenting here including the guy behind Google Maps.
OBSERVATIONS OF VARIOUS SPEAKERS THERE:
We are witnessing more disruption in human history over next 10-20 years than what we have seen in the last 20,000 years. Their prediction is that 60% of Fortune 1000 companies will be out of business in just next 10 years.
There is a convergence of exponential development & convergence of technologies and also business models across industries (Blockchain, Artificial Intelligence, Biotech & Genetics, 3D Printing, Solar Energy, Cellular Agriculture etc). These are no longer technologies in the lab, but are already commercialised. So a 10 year old for example will never need to go to college or ever get a driver’s license!
KEY actionable and insights for every business are
1. Organisations built for the 20th Century are destined for failure. Organisations built for efficiency and predictability will fail. They are unable to think and grow exponentially but are predicated on linear growth models. We all come from scarcity mindsets where as the world is moving rapidly to abundance. Ability to rapidly iterate, learn and execute will be required. Today’s 18 year old has the ability to approach the same problem very differently and successfully.
2. People from completely outside the business will end up disrupting these businesses (Zerodha, Alipay did it to broking businesses without any background). Exponential is when you can deliver price-performance which is 10x better – not 20-50% better. There are several areas and technologies where price-performance is doubling every 12-18 months (Moore’s law from Intel days).
3. Everything which is information based will priced at or move quickly to ZERO. They call this “democratisation” of information (We are seeing signs of this in Equity Research, MF Distribution etc).( In the Dec 2016 quarter,
The novelty of the internet platform boom has mostly worn off, and as Visual Capitalist’s Jeff Desjardins notes, now that companies like Facebook, Amazon, and Alphabet are among the world’s most valued companies, people are starting to hold them more accountable for the impact of their actions on the real world.
From the Cambridge Analytica scandal to the transparency of Apple’s supply chain, it’s clear that big tech companies are under higher scrutiny. Unsurprisingly, much of this concern stems around one key currency that tech companies leverage for their own profitability: personal data.
WHAT BIG TECH KNOWS
Today’s infographic comes to us from Security Baron, and it compares and contrasts the data that big tech companies admit to collecting in their privacy policies.
Courtesy of: Visual Capitalist
While the list of data collected by big tech is extensive in both length and breadth, it does take two to tango.
For many of these categories, users have to willingly supply their data in order for it to be collected. For example, you don’t have to fill out your relationship status on Facebook, but millions of users choose to do so.
DID I OPT INTO THIS?
The majority of the data categories on the list make sense – it’s a no-brainer that Amazon has your credit card information, or that Google knows what websites you visit. Even the least tech-savvy person would likely understand this.
However, there are definitely some categories of data that get collected and stored that may sound unnerving to some people:
Facebook knows your political views, religious views, and even your ethnicity
Xbox users will have their skeletal tracking data collected through the Kinect device
Facebook also knows your income level, which it finds out through partnerships with personal data brokers
Platforms collect your documents, email, and message data – though some of this is just metadata
Facebook and Microsoft store facial recognition data, based on the pictures you upload
Voters are largely free to ignore the wave of television and direct mail ads aimed in their direction every election cycle. But what if the person trying to influence your vote is your boss?
Business groups are increasingly using the workplace as a staging ground to shape the outcomes of elections.
Last month, supervisors at the Phoenix corporate headquarters of the truck rental business U-Haul were told to bring their respective teams to an internal company town hall to hear from Steve Ferrara, the Republican candidate for Arizona’s 9th Congressional District, who ended up posting a picture of his talk with the workers on a campaign Facebook page. An umbrella group of mining companies, according to its own social media postings, has pushed workers to embrace candidates endorsed by company lobbyists — a list that is overwhelmingly Republican.
It’s not a new dynamic. Every year, companies are taking more and more liberties in attempting to influence workers’ political behavior.
“It used to be that voting was more private. Now, the environment is much more fraught with debate and tension and conflict.”
“It used to be that voting was more private,” said Paula Brantner, the executive director of Workplace Fairness, a nonprofit employee rights group. Brantner said that increased political polarization intensified employer messages to workers: “Now, the environment is much more fraught with debate and tension and conflict.”
Those efforts by bosses to push employees to certain choices at the ballot box are not just aimed at pushing particular candidates: Businesses are taking brazen steps to coerce workers into taking positions on ballot measures that align with the companies’ corporate interests. The Intercept collected accounts from both publicly available information and employees of several companies.
This year, employees of Western National Group, a privately held apartment building developer, received a letter — which was obtained by The Intercept — from chief executive Michael Hayde to “please join” him in opposing Proposition 10, a California ballot question to allow the expansion of rent control. And nurses at a health care provider, who asked not to be named, told The Intercept that they were bombarded with messages through their employee portal about the importance of voting against Proposition 8 — a California measure that would limit profits at dialysis treatment centers.
This isn’t breaking news:
High Risk Insurer, Lloyd’s of London, won’t cover any-wireless radiation hazards. This includes cell phones, cell towers, digital and wireless utility “Smart” Meters, and other wireless devices and infrastructure. Click here to review their policy.
Insurance firms are also refusing to cover cell phone manufacturers and wireless carriers. They are predicting more claims and costs. 60% won’t insure purveyors against future lawsuits.
by Ole Dammegard
‘Re-Mind Me’: The manual on how to dissolve the matrix, or how to reach enlightenment,or how to just live a better life.
Here is a simple guide that might help you unlock some of the most profound and deep secrets of your life. It is especially well suited for children, teenagers, adults, old timers and seekers of all ages.
It is a great tool to see if you are aware of what is going on in your life. What is real, and what isn’t? How do you deal with so
called good and bad? It might also help you make your life as easeful, peaceful and useful as possible.
Based on what might be universal truths, this game-manual gives you very valuable inside information that can change your life for the better – if you choose to listen.
Do you want to try out the game – or are you already playing it?
(With foreword by Nalanie Chellaram)
To preview the book click on the thumbnail below:
Swiss RE warns of large liability losses and classified EMF-related health issues in the highest impact category. Other technology issues they discussed included cyber attacks, power blackouts, workplace safety and Big Data – all of which are worsened by digital and wireless “Smart” Meters.