Does this look like good business to you? Photo via Techcrunch

A couple of evenings ago, I went to a little spot around the corner from my house, here in the far north side of Chicago.  It’s a friendly little place, and I like it quite a bit — their prices are fair, their food is decent, and some of the folks on staff recognize me and say ‘hi’ when I come in.  What’s even better is that they have a nice selection of microbrews, scotches, and even some really rare stuff from time to time.

So, I’m sitting at the bar, enjoying a burger and a Guinness, and a fellow comes in and stands next to me while he collects his order from the bartender.  He’d ordered a to-go order of some sort of food, and I noticed he was using a Groupon to help pay for it.

“So,” I asked the bartender, “what are your thoughts on the whole Groupon thing?”

The bartender surprised me with his reply.  “It may well put us out of business,” he said.

Continue reading

Via @hrheingold:

Douglas Rushkoff, media theorist, author, documentarian, will be releasing his new book, Life, Inc.: How the World Became a Corporation and How to Take It Back on June 2nd.

In this video, the author of Ecstasy Club, Coercion, and others talks about the new book.

It’s available for pre-order on Amazon.

Is there anything more jaded than to use the financial meltdown as a cheesy sales gimmick?

I hereby pledge not to do any business with any company that uses the words stimulus, bail-out, or the mainstreet/Wall St. dichotomy as part of their advertising.