In the early years of the AIDS crisis, the US government left people with HIV to fend for themselves. Desperate, they turned to a new and little-understood financial instrument: selling their life insurance policies to investors for quick cash.

Passports for Sale

A growing number of states are willing to sell citizenship and the privileges it brings — if you can afford to pay. The lucrative trade in “golden passports” exposes the dark side of capitalist globalization and its unequal valuation of human life.

Nativism vs. the Bottom Line

While the Trump administration’s draconian immigration policies may hurt businesses reliant on undocumented labor, the fractured capitalist class won’t stand up to the president.

Last night in Brooklyn, after his win in New York’s mayoral race, Zohran Mamdani gave a victory speech that quoted Eugene Debs, directly challenged Donald Trump, and laid out a vision for a New York City transformed. We reprint it here in full.

The Rise of France Insoumise

France, like many other European countries, has seen a historic decline of the old workers’ parties. Yet the rise of France Insoumise has ensured the renewal of a dynamic left rooted in popular mobilization.

MAGA’s Court Philosophers

Once mocked as unsophisticated, Donald Trump in his second term has put forward an ambitious vision to reshape America. Surrounding the president is a loose network of intellectuals who provide his policies with a philosophy. An important new book maps it out.