(The Atlantic) During a lecture in my Modern Political Economy class this fall, I explained—as I have to many students over the course of four decades in academia—that capitalism’s adaptation to globalization and technological change had produced gains for all of society. I went on to say that capitalism has been an engine of wealth…

(New York Times) Brandon Silverman’s last day at Facebook was Oct. 8, and like many others who have sold their companies to a Silicon Valley giant, had their shares vest and departed, he planned to take a year off to spend time with his children and figure out what to do next. He had been…

(BBC) A former TikTok moderator is suing the company, claiming it failed to protect her mental health after “constant” exposure to traumatic video content. Candie Frazier says she reviewed videos that featured “extreme and graphic violence” for up to 12 hours a day.She says she suffers from “significant psychological trauma”, including anxiety, depression, and post-traumatic…

(Medium) It’s hard to believe that just over a year ago, the seeds of VentureESG were yet to be planted. Initially, we even had trouble finding people in the venture capital world who knew what ESG was, let alone those who were actively engaging with it, in any meaningful manner. The typical response when we…

(Fast Company) Faced with the ongoing calamity of climate change, both seasoned investors and those new to the market are increasingly embracing funds with more sustainable stocks. They’re favoring companies that take action to address the climate crisis and other environmental and social issues, like resource conservation, biodiversity, and human rights—rather than continuing to fund…

(The Washington Post) “League of Legends” publisher Riot Games announced Monday that it is settling a 2018 gender-based discrimination class-action suit with California state agencies and current and former women employees for $100 million. The company will pay $80 million to members of the class-action suit and approximately $20 million toward plaintiffs’ legal fees. The…

(Quartz) Investment poured into climate tech at record levels in 2021, riding an overall boom in tech investment brought on by high-dollar public offerings, economic recovery from the pandemic, and growing interest in tech startups by private equity firms and other funders. In the first six months of 2021, climate tech attracted $60 billion in…

(Protocol) The Consumer Financial Protection said online lender LendUp will stop lending operations and pay a penalty for practices that the agency said misled and deceived consumers. The California-based online lender will cease issuing loans and collecting on outstanding loans, and will pay a $100,000 penalty for engaging in “illegal and deceptive marketing,” the CFPB…

(Wall Street Journal) Facebook is facing more calls from shareholders to address harm on its platforms and overall governance as the company, now known as Meta Platforms Inc., responds to pressure from lawmakers and others. Shareholders, including the New York State Common Retirement Fund and Illinois State Treasurer, are among an investor group that collectively…

(Yahoo! Finance) Climate change has been called a consequence of the world’s largest market failure. But as flows into ESG assets accelerate, it has led some to question whether or not sustainable investors are merely buying into a cycle of hype. According to a new note from BlackRock that draws on a survey of 175 clients…