Demonstrators march through the streets of central Madrid, surrounding the Congress of Deputies during a protest against Spain's housing crisis, on October 2, 2026.

On Strike for a Different Spain

Spain will see a general strike on Wednesday, following mass protests around housing. A member of Marxist group Coordinadora Juvenil Socialista discusses how these protests have cohered a militant class-based movement for more sweeping change.

Is Trump Crashing the Dollar Empire?

Economist Mona Ali on how the United States wields the world’s most powerful currency to shore up empire and its own ruling class — and how Trump’s careless moves might blow it all up.

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In Detroit, Michigan, residents picket DTE Energy, opposing the electric utility's plan to provide power for a proposed $7 billion data center in rural Michigan.

An Effective AI Pushback Has to Go Beyond the Local

The midterms made clear that Americans are angry about the headlong rush into artificial intelligence. We are blocked from needed federal action for now, but states and localities have options that can move us toward eventual national regulation.

An archival image of oil fields in the Venice-Del Rey area of Los Angeles.

The Dollar’s Power Never Came From Oil

The emergence of the dollar as the world’s currency was the result of the rise of the US as the preeminent global power. But the slow erosion of US economic and political power will not automatically spell the end of the dollar system.

Michael Hardt and Antonio Negri’s Empire became a campus sensation because it offered a master theory for globalization at a moment when old Marxist categories seemed exhausted. But the capitalist internationalism they saw as permanent has now crashed and burned.

Scott Bessent, US treasury secretary, left, and US President Donald Trump during an announcement on Trump Accounts in the Oval Office of the White House in Washington, DC, on Wednesday, Oct. 7, 2026.

The Bases of US Empire Are Crumbling

In recent decades, the basis of US hegemony has shifted from domestic industrial strength to its ability to enforce the rules that organize global production, finance, and money. Today this imperial role is now increasingly under strain.

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Jacobin is a leading voice of the American left, offering socialist perspectives on politics, economics, and culture.

$29.95
1 Year / 4 Issues
Digital Subscription
$39.95
1 Year / 4 Issues
Print + Digital Subscription