Rising Treasury yields are not a market verdict on government recklessness. They are a policy decision that transfers income from workers and borrowers to bondholders and financial institutions.
Trump’s Oil Deal Is a Return to Venezuela’s Colonial Past
Donald Trump’s backroom deal with Venezuela’s leaders formally gives the US control over the country’s oil. It marks the definitive end of modern Venezuela’s social contract, in which oil production was meant to serve national economic goals.
Will AI Destroy the Meritocracy?
The continued development of artificial intelligence could have far-reaching social and economic implications. Matt Bruenig shares his thoughts on three issues where AI may radically change our behavior and self-understanding.
Under Israeli Settler Attacks, I Feel I Am Not Alive
Ruqayya Rabe’i was three months pregnant when a mob of Israelis invaded the village where she lives. She spoke with Jacobin about her lost pregnancy and how settler violence seeks to destroy the basis of Palestinian life.
A Strong Welfare State Changes the Meaning of Unemployment
Under capitalism, being unemployed is usually a hardship, and often a financial and personal disaster. Yet the experience of unemployment in countries with generous welfare states is radically different from what Americans are used to.
American Freedom Was Built on Endless Conquest
The Founders made expansion the precondition of American freedom. We must find an alternative.
Jonathan Chait’s Atlantic essay claims the Democratic Socialists of America has betrayed the legacy of its founder, Michael Harrington. It gets DSA’s history, and what the organization is today, wrong.
Centrist Democrats Are Trying to Throw the Michigan Race
Abdul El-Sayed’s Senate race could decide control of the chamber. Yet some centrist Democrats are openly working to sink his campaign — because they’d rather hand the seat to a Trump-backed Republican than let the Left gain a foothold in their party.
The Israel Lobby Is Out of Control
Twenty years ago, scholars could be accused of antisemitism just for acknowledging the Israel lobby exists. Today the lobby’s influence has become an undeniable and ubiquitous issue in American politics.
The Human Soul of the Fight to Control AI
Pope Leo XIV issued a welcome call to defend the human person in the age of artificial intelligence. Yet compared to his predecessor, Pope Francis, he is less clear about who exactly can mobilize against our corporate overlords.
The Dog Stars Is a Western in Postapocalyptic Drag
Ridley Scott’s The Dog Stars is a postapocalyptic thriller without thrills, resting on the shoulders of a mopey Jacob Elordi, who’s far from up to the task. What the film does have is a frontier fantasy it can’t stop indulging.
Mainstream economics cannot accept the concept of contradiction that is foundational for Karl Marx’s analysis of capitalism. David Harvey explains why we need the Marxist perspective if we want to make sense of capital’s latest mutations in the age of AI.
The Scandal That Could Break the Latin American Far Right
Fernando Cerimedo built the disinformation machine behind the far right’s wins from Argentina to Bolivia to Honduras — with technology and money from Trump’s own operatives. Now he’s in a Bolivian jail, charged with trying to have his ex-partner killed.
Volunteers Were the Key to NYC-DSA’s Socialist Sweep
Lost in conversations about New York socialists’ charisma or social media prowess in recent electoral victories is something simple: boots on the ground. New York City DSA mobilized thousands of volunteers and is poised to do so again in the future.
Nancy Fraser’s Theory of Capitalism Is Politically Vital
Nancy Fraser has broadened her understanding of how capitalism works and why it relies on multiple forms of domination. Her theory shows us that feminist, environmental, and anti-racist struggles are all necessarily linked to anti-capitalist politics.
HBO’s Burning Man Documentary Omits the Festival’s Workers
A new HBO documentary about Burning Man, produced with the explicit approval of the festival’s brass, elides the underpaid, overexploited workers who toil each year to make the party happen.