“Why Sexism at the Office Makes Women Love Hillary Clinton”
Jill Filipovic | The New York Times
The mothers-versus-daughters narrative, long an election-year trope, is particularly pronounced now, and tinged with stereotypes on both sides. The idealistic but ungrateful naïfs who think sexism is a thing of the past and believe, as Mr. Sanders recently said, that “people should not be voting for candidates based on their gender” are seemingly battling the pantsuited old scolds prattling on about feminism.
Instead, the reality may be another kind of simple numbers game: More time in a sexist world, and particularly in the workplace, radicalizes women.
Radicalism isn’t expressed only by supporting a socialist; it can also take the shape of women, increasingly disillusioned by a biased culture, throwing their weight behind someone who shares both their political views and their experiences.
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“The Oil Kingdom”
Stacey Vanek Smith and Robert Smith | Planet Money
For years, Saudi Arabia has been living off one resource and one resource only: oil. They have free healthcare, free education, and 6,000 princes. They've never charged taxes. They're a major ally of the U.S., and our most stable partner in an extremely troubled part of the world. But that stability, like everything else in Saudi Arabia, rests on oil money.
But the price of oil has plummeted, and Saudi Arabia is scrambling to adapt. So what happens now?
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“It’s Time to Kill the $100 Bill”
Lawrence H. Summers | Washington Post
Illicit activities are facilitated when a million dollars weighs 2.2 pounds as with the 500 euro note rather than more than 50 pounds as would be the case if the $20 bill was the high denomination note. And he is equally correct in arguing that technology is obviating whatever need there may ever have been for high denomination notes in legal commerce.
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“The World’s Favorite New Tax Haven Is the United States”
Jesse Drucker | Bloomberg
After years of lambasting other countries for helping rich Americans hide their money offshore, the U.S. is emerging as a leading tax and secrecy haven for rich foreigners. By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth. Everyone from London lawyers to Swiss trust companies is getting in on the act, helping the world’s rich move accounts from places like the Bahamas and the British Virgin Islands to Nevada, Wyoming, and South Dakota.
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“The End of the Line”
Seldom has any country been so transformed by one industry as the Philippines has by call centres. The first “businessprocess outsourcing” jobs appeared in the 1990s: the term covers tasks from answering phones to processing invoices and animating TV shows, mostly for rich-world firms and governments. This loosely defined industry now employs some 1.2m people and accounts for about 8% of the Philippines’ GDP. The country is especially strong in call centres: it has already overtaken India, even though India has about 12 times as many people.
Yet the Philippines is also, probably, the end of the line. New technologies are poised to abolish many call-centre jobs and transform others. At best, jobs will be created more slowly in the Philippines and India; at worst they will vanish. And it is likely that nowhere else will be able to talk its way out of poverty as they have done. There might never be another Manila.
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“Failure to Lunch”
Malia Wollan and Brian Finke | The New York Times
After all her conversations, note taking and analysis, Lee summarizes her findings like this: ‘‘The way people eat at work is pretty sad.’’