The commercial market tries to force us to begin the buying season, otherwise known as the pagan/Christian holiday season, a little earlier every year.

Martin Shkreli is now the CEO of a publicly traded pharmaceutical company. In a release on Thursday, KaloBios named Shkreli CEO and chairman of the board while also adding three new board members. KaloBios saw its stock price rise more than 400% on Thursday after Shkreli and his associates reported that they'd purchased 70% of the company's outstanding shares earlier this week.

CEO of Turing says he was forced to raise price, appease shareholders.

The Supreme Court has engineered a massive shift in the civil justice system that is having dire consequences for consumers and employees. By enabling large corporations to force customers and employees into arbitration to adjudicate practically all types of alleged violations, the Court now permits corporations to write the rules that will govern their relationships with their workers and customers and design the procedures used to interpret and apply those rules when disputes arise.

How will it end? For centuries even the most sanguine of capitalism’s theorists have thought it not long for this world. Smith, Ricardo, and Mill pointed to a “falling rate of profit” linked to inevitable declines in agricultural productivity.

While evidence of abuse of the disabled has piled up for decades, one for-profit company has used its deep pockets and influence to bully weak regulators and evade accountability

It’s easy to go after bad guys, much harder to go after bad systems. Hedge fund managers, for example, make big gains from trading on insider information. That robs small investors who aren’t privy to the information.

Piketty believes that the rising inequality trends we have seen over the past generation and see now are simply returning us to what is the pattern of unequal income distribution and dominant plutocracy that is normal for an industrialized market economy in which productivity growth is not unusually fast.

As major oil companies fought efforts to address climate change, they were quietly safeguarding their own billion-dollar infrastructure from rising seas and warming temperatures.

Doritos are gay, young Conservatives are twerking in the streets and Pride is sponsored by a bank – where did all the politics go?

Ayn Rand's personal life was an unmitigated disaster, fueled by personality cultists who literally, legally, changed their names in tribute to her and her fiction, whom she alternately possessively clutched to herself or expelled in purges worthy of Josef Stalin.

On Monday, February 29, a judge in Monroe County, Alabama sealed Harper Lee’s will from public view. The motion was filed by the Birmingham law firm Bradley Arant Boult Cummings, which was acting on behalf of Tonja Carter, Lee’s lawyer and the executor of her estate. The decision to seal the will became public last Friday, and it was immediately controversial. This has been true of every legal move involving Lee...

It’s hard to know where to start in tallying up the explosive revelations in the Panama Papers, an analysis of leaked documents from global law firm Mossack Fonseca revealed by the International Consortium of Investigative Journalists (ICIJ). Yes, we’ve known for a while now that the shadow financial system was growing. But it’s another thing to take in 11.5 million documents showing the way in which Mossack Fonseca was working with big name financial groups like UBS...

Google surpassed Apple as the world’s most highly valued company in January for the first time since 2010. (Back then each company was worth less than 200 billion. Now each is valued at well over 500 billion.) While Google’s new lead lasted only a few days, the company’s success has implications for everyone who lives within the reach of the Internet. Why? Because Google is ground zero for a wholly new subspecies of capitalism in which profits...

Ed Miliband has said the revelations in the leaked Panama Papers provide evidence that wealth does not trickle down in society – rather, it gets “stashed”. Speaking two weeks after the huge cache of documents were revealed, detailing the tax affairs of thousands of wealthy individuals worldwide, the former Labour leader said the leak proved the common assumption about capitalism to be false. 

It’s a kick to the bulls for the investment markets. If we bust the limit of 2 °C of warming set at the Paris climate summit at the end of last year, it could wipe anything from $2.5 trillion to $24 trillion from the value of the world’s financial assets, environmental economists warned on Monday. That’s up to a fifth of the current global economy. Some of that financial meltdown would come as agriculture succumbs to drought, industrial zones are ripped apart by...

Last week, as Vermont Governor Peter Shumlin signed off on the first state law requiring drug companies to justify steep price hikes, Pfizer was in the process of raising the list prices of its drugs by an average of 8.8 percent, according to a Pfizer spokesperson. The price boost follows a similar one in January, which involved raising the list price of more than 100 drugs, some by as much as 20 percent. Pfizer isn’t alone in this trend. Drug companies including AbbVie, Eli Lilly, Merck, and Bristol-Myers Squibb...

Thomas Piketty said that capitalism's primary beneficiaries aren't those who make amazing things that improve the world -- rather, it favors those who have a lot of money to begin with.

The EpiPen was invented in the 1970s by a biomedical engineer, Sheldon Kaplan, who was searching for a way to treat allergic reactions quickly. What he came up with was the EpiPen we know today: a pen-like device that delivers a premeasured dose of the hormone epinephrine in emergency situations. The device is ubiquitous in our country, carried by those with asthma or life-threatening allergies.

As E.U. and U.S. officials meet in New York this week for the 15th round of Transatlantic Trade and Investment Partnership (TTIP) negotiations, a new report warns of how the corporate-friendly, increasingly unpopular deal could "lock in" high drug prices and "help entrench a broken medical innovation system." Specifically, the analysis explains how expanding intellectual property rules and monopoly protections for medicines, which the TTIP seeks to do, is counterproductive at a time when E.U. member states and the U.S. "are facing a looming access to medicines crisis."