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A small but obscenely wealthy faction of New Yorkers are threatening to leave the city if Zohran Mamdani, the democratic socialist candidate for mayor, wins the race. Mamdani should respond by calling for an exit tax on the rich.
Lawmakers have inserted a line into Donald Trump’s new budget bill that would reward Wall Street firms with billions of dollars in new tax breaks when they load up companies with debt and proceed with pay cuts, factory closures, and layoffs.
Spain’s prime minister, Pedro Sánchez, has broken ranks with other NATO leaders as he refused to commit to spending 5 percent of GDP on defense. It’s a welcome move, and a rare voice of dissent from Europe’s rush to remilitarize.
Donald Trump’s secretary of energy, Chris Wright, has repeatedly claimed that he has past experience working in the solar energy sector. But there’s no evidence that Wright ever studied, invested in, or worked in solar.
New York City is often thought of as a stronghold of organized labor. But the city’s unions look worryingly passive as their strength erodes.
Last weekend’s massive “No Kings” rallies proved Donald Trump’s deep unpopularity. But Trump should be opposed as a symptom of America’s vast warmongering, oligarchic elite, not a simply a grotesque anomaly.
The Big Data firm Palantir spent years developing lethal military tech. Now it’s leading a transformation in Silicon Valley, with tech giants abandoning their progressive posturing to join the battle for American military supremacy.
This week, Mo Chara, a member of the Irish language rap group Kneecap, stood trial on charges of terrorism. Rather than making an example of the musician, the fiasco exposed the deeply illiberal nature of Britain’s political class.
Polling shows Americans are ready to support independent populists running on economic platforms. But what they don’t want is anything associated with the Democratic Party’s brand.
In an era when unions routinely endorse candidates beholden to the bosses, Zohran Mamdani’s inroads with organized labor are a significant step forward.
Donald Trump built his ascent on public hatred for George W. Bush’s forever wars. As he lies his way into a war with Iran, he’s poised to take up Bush’s legacy as his own.
Many Democrats continue to believe that the racism of average Americans — many of whom voted for Barack Obama twice — explains why Donald Trump won. This moralism suits party elites who would rather demonize the public than address growing inequality.
Spotify’s excesses — ghost artists, boring mood playlists, and AI — don’t indicate some evil inherent to streaming. They stem from the major labels’ effective oligarchy over the music industry.
Prabowo Subianto first made his name as an Indonesian military leader trying to crush East Timor’s push for independence. Today he is president — and his government is fighting another colonial war in West Papua.
Writer-director Celine Song’s Materialists follows a professional NYC matchmaker split between two charming suitors. It’s yet another attempt to update the Jane Austen formula, but without the poignancy and beauty of Song’s acclaimed Past Lives.
Taking advantage of a broken patent system, Big Pharma is making minor tweaks to medications just to keep affordable generics off the market, a new report suggests. They’ve made billions of dollars in the process.
In his campaign for NYC mayor, Zohran Mamdani has proposed making city buses fare-free. Critics of the proposal say this would deprive buses of needed funds, but their argument is based on a mistaken understanding of government revenue.
While the Israeli attack on Iran dominates the headlines, Israel has been accelerating its campaign of mass killing in Gaza. Israeli soldiers have repeatedly gunned down people lining up for food as they stand on the brink of starvation.
Despite their reservations about the impacts of crypto on consumers and the financial system, Democratic Party operatives and crypto industry advocates are secretly coordinating to push Democratic senators to back the pro-crypto GENIUS Act.
Vivek Chibber on why Trump II signals the end of an era — but not capital’s unchecked rule over our society.