The next time a speculative bubble is massively inflating around a fancy new asset like cryptocurrency and financial carnival barkers are screaming it will change everything, remember Sam Bankman-Fried and how quickly all of his promises proved to be bullshit.
Friedrich Engels on Why Capitalists Are Guilty of Social Murder
In 1845, Friedrich Engels wrote a scathing condemnation of English capitalism, The Condition of the Working Class in England. In it, he accused the bosses of carrying out “social murder” against workers and the poor.
J. Edgar Hoover Tried to Destroy the Left — and Liberals Enabled Him
J. Edgar Hoover is notorious for his decades-long campaign to stamp out the Left by surveilling and even killing radicals like Fred Hampton. What is less well known is that liberals played an important role in enabling Hoover’s antidemocratic crusade.
Come January, Federal Workers Might Not Have a Functioning Labor Board
The Biden administration has not prioritized pushing through a confirmation of a member of the Federal Labor Relations Authority, which oversees labor issues for federal workers. The result is that federal unions are far weaker than they should be.
Over a Thousand Doctors at a Bronx Hospital Are Unionizing
Medical residents and fellows at Montefiore Medical Center in the Bronx are trying to form a union, citing the need to fight overwork and understaffing that’s endangering patients. Jacobin spoke with unionizing doctors about their organizing drive.
For a generation, the Left dismissed any concerns about inflation as elite fearmongering. But now inflation is here. And it’s hurting workers more than anyone.
George Saunders Gets Trump’s America All Wrong
George Saunders may be one of America’s most lauded fiction writers, but when he turns his pen to the phenomenon of Donald Trump and his supporters, he reveals the limits of his political understanding — and produces some of his worst stories in the process.
China Mieville on Why Capitalism Deserves Our Burning Hatred
If you feel a burning hatred toward our unjust social order, writes China Mieville, don’t run from it. Such hate for a system that immiserates vast swaths of humanity is just and necessary.
Elon Musk Is Destroying the Myths of Silicon Valley in Front of Our Very Eyes
The myth of Silicon Valley touts the grit and flair of its tech bro champions. But the chaos of Elon Musk’s Twitter takeover has revealed that there’s no genius or elaborate game of multidimensional chess behind the curtain: just garden-variety capitalists.
Justin Trudeau’s Canada Is Cozying Up to the Fossil Fuel Industry to Fight the Climate Crisis
Canada’s Trudeau government touts the country as a climate champion. COP27, where Canada was the only OECD country to have fossil fuel delegates in tow, offered a more telling snapshot of the government’s priorities.
As wars ratchet up across the globe and the ecological crisis wreaks widespread havoc, internationalist politics is more necessary than ever. Cornel West explains why the fight for climate justice must join with an anti-militarist movement now.
The Antiwar Movement First Shined a Light on Soldier Trauma
In the Vietnam War era, radical psychiatrists and antiwar veterans developed a concept of trauma stemming from perpetrating acts of violence. Over the next decade, the idea of soldier trauma was depoliticized and put at odds with antiwar critique.
We Should Celebrate the World’s Population Passing the Eight Billion Mark
Sections of the environmental movement bemoaned the birth of the world’s eight-billionth person, but the Left should have no part in this cynical misanthropy. The cause of food insecurity and climate change is the irrationality of capitalism — not rising populations.
The Fed’s Rate Hikes Are Hurting Workers — and Exposing the Scam of American Capitalism
Months into the Federal Reserve’s quest to engineer a recession, ordinary Americans are feeling the pinch. Meanwhile, without the balm of rock-bottom interest rates, we’re getting a glimpse of how much of the American business world has been built on fraud.
In Mexico, Workers Are Struggling for Independent Unionism
For a century, the official labor movement in Mexico has been a racket of company unions and protection contracts for bosses. Now that there’s a genuine push to grow independent unionism, President Andrés Manuel Lopéz Obrador must get behind it.