The company finally ends its predatory tipping practices
Derek Thompson1. This is a great development.
2. But the fact that Amazon, like DoorDash and Instacart, was using customer tips to meet base pay shows how much of the convenience economy's growth was predicated on end-running common labor standards
The labor force participation rate of prime-working-age men (ages 25 to 54) has been mostly falling since the late 1960s, with steeper declines during recessionary periods.
Time spent not working has implications for future job and earnings...
Derek ThompsonThe share of 30something men who aren't working has nearly doubled in the last 20 years.
- 40% say it's health-related
- 16% are incarcerated
- 70% are non-married (vs 43% of those working)
- 30% live with parent (vs 13% of working)
How health insurance works now, and how the candidates want it to work in the future
Derek ThompsonIf you count the employer-sponsored health insurance premium as a labor tax, the average wage worker in the U.S. has the 2nd-highest tax rate in the developed world—behind the Netherlands.
The Education Department is looking into a tactic that has been used in some Chicago suburbs, in which wealthy parents transfer legal guardianship of their college-bound children to relatives or friends so the teens can claim financial aid.
Derek ThompsonJaw-dropping story in the Wall Street Journal.
High-income parents in Chicago are transferring legal guardianship of their children to friends so the kids can claim financial aid.
If multiracial democracy cannot be defended in America, it will not be defended elsewhere.
Derek Thompson"We have never seen a president make a U.S. representative, a refugee, a citizen, a woman of color, and a religious minority an object of hate for the masses, in a deliberate attempt to turn the country against his fellow Americans who share those traits"
“The Code,” by Margaret O’Mara, is an ambitious history of the cozy relationship between California’s tech start-ups and the federal government.
Derek ThompsonNew book says Silicon Valley's rise fueled by:
1. massive govt spending on science
2. prohibition of noncompete clauses
3. more open immigration policies in '60s
4. resistance to monopoly
All of those factors are under threat or in reversal today.
Many of us have half-quit apps like Twitter and Instagram. It’s awful.
Derek Thompsonthe social media shame cycle
1. use social media "for work"
2. feel shame about overuse
3. deliberately worsen the social media experience to curb use
4. feel more shame that you're having less fun online while depreciating your digital reputation