The SpaceX IPO made Elon Musk the world’s first trillionaire — and exposed the hollowness of the claim that the stock market has been democratized. Nearly 90% of stocks are owned by the wealthiest 10%, and that skew is only getting more extreme.
Keir Starmer Used His Power to Trample on Human Rights
Keir Starmer marketed himself as a human rights lawyer who stood up for the downtrodden. As Britain’s prime minister, he showed nothing but contempt for human rights law, and he now leaves behind a disgraceful record of authoritarian policies.
How I, a Norwegian Socialist, Learned to Love Haaland
Erling Braut Haaland might seem like an especially showy millionaire footballer. He’s also the product of Norway’s inclusive, publicly funded model of kids’ and youth football — a system the United States can still only dream of.
It’s Well Past Time for a Four-Day Workweek
Experiments with a shorter workweek have shown that working fewer hours improves worker well-being and productivity. But we can’t expect employers to implement this transformative change of their own volition.
The Value of Workers’ Contributions Is Inherently Collective
The Left argues that workers deserve the fruits of their own labor, while the Right says that some workers contribute much more than others and so deserve higher pay. But that claim overlooks the dependence of individual contributions on collective labor.
Liberty’s Brutal Conquest
The Founders made expansion the precondition of American freedom. We must find an alternative.
Socialism cannot mean merely managing capitalism more fairly. It must point toward a society where survival is no longer contingent on the market — and where democracy extends into the economy itself.
1976 Was Hollywood’s Swan Song
The mid-1970s were a good time for film buffs. But the industry was on the precipice of a long decline that has stripped productions of not only their political content but their seriousness.
Public Bailouts Are What Keeps Our Economic System Afloat
Every time our economic system generates another crash, the state is on hand with public money to bail out private losses. It’s time we stopped seeing bailouts as individual episodes and recognized them as a core feature of contemporary capitalism.
Is Big Tech Facing Its “Big Tobacco Moment”?
Tech giants including Meta, Google, and Apple are facing increasing popular resentment and losing more and more major court battles. Yet their profits and power look about as secure as ever.
The Young Ho Chi Minh
Ho Chi Minh emerged from the world created by the Age of Revolution and demanded that republican ideals apply beyond Europe.
Neoliberalism didn’t win an intellectual argument — it won power. Vivek Chibber unpacks how employers and political elites in the 1970s and ’80s turned economic turmoil into an opportunity to reshape society on their terms.
Brazilian Agribusiness Seeks Revenge
Brazil’s powerful agribusiness lobby advanced a raft of bills last month in a legislative shock-and-awe campaign. The most consequential would make Amazon deforestation — sharply reduced under Lula — virtually impossible to monitor and sanction.
France’s Left Can't Abandon Workers to the Far Right
The far-right National Rally boasts that it represents French workers, yet has increasingly close ties to big business. As the party nears power, the contradictions of its claimed social policy are becoming clear.
The World Cup Is Exposing FIFA’s Ugly Partnership With Power
Football’s governing body, FIFA, won’t even stand up for players, referees, and fans who are being harassed by the US authorities. It’s no surprise FIFA boss Gianni Infantino has also offered his services to help whitewash Israel’s genocide in Gaza.
Juneteenth Is About Freedom
Today, as we celebrate Juneteenth, we should remember not only the struggle against chattel slavery but the struggle for radical freedom during Reconstruction — snuffed out by the reactionary forces of property and white supremacy.