Notices by Stefanie Schulte (stefanieschulte@mastodon.cloud)

#WeWashing: "when organizations refer to renting and selling services as 'sharing' and/or use terms like 'community' in misleading ways":

https://www.huffingtonpost.com/leesean-huang/wewashing-when-sharing-is_b_6879018.html

"At worst, [the #sharingeconomy label] is a way of obfuscating commercial transactions as 'sharing' as a way of evade the reach of regulation and oversight."

(via Frank Pasquale, https://twitter.com/FrankPasquale/status/944754728612913152)

"[...] large and complex financial institutions are [...] more likely to be bailed out. Moreover, authorities are found to be more prone to provide support to a distressed institution which is well-connected with politicians and political parties"

At the same time, "the quality of bank assets is found not to be relevant to the bailout likelihood": https://repec.bmth.ac.uk/bam/wp/BAFES11.pdf#page=10

#TooBigToFail #Economics