Trader Joe’s No Longer Offering Health Benefits to Part-Timers

Lacey Donohue · 09/12/13 08:42PM

Trader Joe’s fans are now going to have a harder time defending the store’s “great treatment” of workers. Famous for providing health benefits to even part-time employees, the company announced that all those who work under 30 hours a week will no longer be eligible for company-provided insurance in the new year. Instead they will be forced to pick their insurance policy from the exchanges created under the Affordable Health Care Act.

Study: Market Economies Make Us Evil

Hamilton Nolan · 05/16/13 11:14AM

You're a good person, right? You have morals. You would never betray your ethical code. Unless there was a bidding war for your morals— in that case, you could scarcely resist selling out. It's human nature.

Today in Russian Oligarchs: Berthing in America and Buying an Island

Max Rivlin-Nadler · 04/13/13 10:30AM

Russian oligarchs have had a pretty crazy week (as opposed to their standard weeks, which range from the "insane" to "delightfully sinister") — Brooklyn Nets owner Mikhail Prokhorov watched as Jay-Z walked away from the franchise and called his ticket-holders "dweebs," while fellow-oligarch Roman Abramavich's insane luxury yacht, The Eclipse, remained mysteriously docked on Manhattan's West Side. Oh, and the daughter of billionaire Dmitry Rybolovlev (you guessed it — oligarch), bought an entire Greek island.

Nobody Who Knows Anything Trusts the Banks

Hamilton Nolan · 01/15/13 10:25AM

A hedge funder is making noise about bringing down the salaries of executives at Morgan Stanley. Good. The government sure hasn't been successful at holding down corporate executive salaries, so maybe the market should work its magic—let hedge funds squeeze a few extra percentage points of profit in return for holding down the paychecks of the bosses of the banks they invest in. A worthwhile deal for the public. And a vindication of capitalism's mythical self-regulatory powers!

Do 'The Good Rich' Exist?

Hamilton Nolan · 01/10/13 12:25PM

We live in a world in which wealth is distributed in a wildly unequal way. A tiny few have billions of dollars, while many more have nothing. Though the reactions to this persistent and growing state of inequality span the ideological spectrum, it's fair to say that most people consider it a problem. For the very wealthy—and their sympathizers—extensive philanthropy is often held up as their personal nod to the world's unfairness. These generous philanthropists are considered to be the good ones.

Campbell's New Millennial Soups Embody Entire Millennial Generation in Soup Form

Hamilton Nolan · 11/14/12 03:19PM

Let's get a few things straight right off the bat. Number ONE, the "Millennial" generation is the best generation, because they are currently the most fuckable-looking, and therefore their every whim and desire must be obsequiously catered to by the corporate forces seeking to exploit their "cool" factor for profit; Number TWO, all food must be recast in the image of whatever a corporation imagines the Millennial Image to be; and Number THREE, soup is great, mmmm, soup. We must have some Campbell's Millennial Soup.

Investing Is Simple, Don't Tell The Rich

Hamilton Nolan · 10/12/12 03:06PM

One thing you can do on Friday, at the end of the day, when you have a couple free minutes, is to pick up the phone fire all of your "financial adviser" and "investment consultants" and anyone else who takes money from you in exchange for recommending investments to you. Then just buy some low-cost index funds in a mix of stock and bonds, and then go to bed, because that is what smart people who don't like getting hustled do.

Republicans' Top Message Man Has a Plan to Counter 'Occupy Wall Street'

Jim Newell · 12/01/11 01:10PM

Ubiquitous GOP "message guru" Frank Luntz is the guy who teaches Republicans how to kill things. When Democrats introduce a bill and Republicans decide that they'd like to kill it, for sport, they ask Luntz to come up with a couple of phrases to reiterate hundreds of times a day, so as to terrify the American people.

Burning Man's Just for Rich People Now

Lauri Apple · 07/31/11 10:44AM

If we didn't attend the week-long Burning Man festival in Nevada every year, we probably wouldn't be the deeply spiritual, open-minded individual that we are today. We'd just be another emotional eunuch living in America, ignorant in the ways of radical self-expression. Sadly, we and our collection of fruit-flavored body paints and hovercrafts won't be able to go hang out on the Black Rock City playa this year, because last week festival tickets completely sold out for the first time in its 25-year history.