Labor Unrest in China: The Rubber Band Stretches

Does a labor time bomb lurk beneath the surface of the glossy new millionaires in China? See this interesting note in Slate today about the recent unrest at a Foxconn plant: http://www.slate.com/blogs/moneybox/2012/09/24/foxconn_riot_chinese_factory_disruption_just_the_highest_profile_sign_of_growing_labor_unrest_.html?wpisrc=newsletter_jcr:content Key quote: “Conditions in contemporary China have much more in common, structurally speaking, with conditions during the heyday of Western labor activism than

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WSJ: The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

Interesting piece in today’s WSJ about the higher than advertised VC failure rate. Excerpt: “It looks so easy from the outside. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. But now there is evidence that venture-backed start-ups fail at far higher numbers than the rate the industry usually

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“What Money Can’t Buy: The Moral Limits of Markets”

Michael J. Mandel’s “What Money Can’t Buy: The Moral Limits of Markets” (http://www.amazon.com/What-Money-Cant-Buy-Markets/dp/0374203032) is a good read. Light on economics, it is really a social essay on America’s transformation from a country “with a market economy” to one that is “a market society.” This may seem like a small distinction to some but Mandel makes

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P&G Changes Tide Packaging After Poisoning

Just when you think these kind of stories are over, there comes this in today’s WSJ.com: “Procter & Gamble Co. PG -0.13% will add a double latch lid to containers of its new Tide Pods detergent following reports that some children have mistaken the colorful, gumball-sized packets for candy. Poison centers have received nearly 320 calls this month about

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