Manchester in the 1980s was home to bands like Joy Division and the Smiths and a world-famous rave scene. The music rose from the conditions of life in postindustrial Manchester — and, ironically, it paved the way for a new wave of capital investment.
Finnish prime minister Sanna Marin’s center-left government lost this past weekend’s elections. Her administration had great promise — but it failed to take the measures that would have delivered real material gains for working-class Finns.
In Chicago’s mayoral runoff last night, Paul Vallas’s vision of budget cuts and law and order lost to Brandon Johnson’s promises to tax the rich and invest in social services.
When he faced prosecutors in New York yesterday, Donald Trump appeared worried about pending cases against him in Washington, DC, and Georgia. Those charges are far more serious than the New York case, indicating that his problems have only just begun.
Governor Kathy Hochul is pushing to gut New York’s signature climate law to effectively allow more methane emissions. She is doing so after receiving nearly half a million dollars in donations from energy corporations and lobbyists advocating for the move.
Since Silicon Valley Bank’s collapse, some commentators have been waking up to the need for a socialization of deposit-taking banking. They’re right — but the same logic leads to a more radical conclusion: a fully socialized capital market, with no private banks.
Belgian Marxist Ernest Mandel popularized the term “late capitalism” to describe the way the system had changed in the postwar decades. Mandel’s work was a landmark in the study of capitalism, and we can still learn a lot from his analysis today.
The idea that AI will wipe out all our jobs is generating lots of apocalyptic headlines these days. It’s no surprise why: in a society without an egalitarian welfare state and pro-worker policies, labor reallocation can be a disaster.
Born on this day a century ago, Ernest Mandel was one of the major political thinkers of his age. From his teenage activism in the anti-Nazi resistance to his final days, Mandel was an uncompromising defender of socialist ideals and working-class interests.
Over 60 Peruvians have now been killed at protests following the impeachment of Pedro Castillo. President Dina Boluarte and PM Alberto “the Butcher” Otárola must be brought to justice.
Canadian news media is in a panic about alleged Chinese influence in Canadian politics. Their coverage is promoting anti-Chinese sentiment and creating farcical levels of paranoia about foreign interference.
The far right won big in Finland’s parliamentary elections over the weekend. They’re now likely to join a ruling coalition led by the country’s main party of big business.
Joe Lieberman wants a “commonsense, moderate, independent” politics in America, to be advanced by his group No Labels. It’s a bankrupt “post-partisan” vision that has no solutions to any of the multiple dire threats facing Americans.
Martin Luther King Jr was assassinated 55 years ago today while in Memphis standing in solidarity with striking sanitation workers. His life and radical words stand as a beacon of hope, urging us to keep fighting for economic and racial justice.
Martin Luther King Jr had a rich relationship with socialist politics: he sympathized with but ultimately rejected Marxism, and he settled on a Christian socialism that viewed the struggle against racism and class oppression as fundamentally intertwined.
For two years, the GKN auto parts plant in Florence, Italy, has been occupied by laid-off workers. It’s the longest factory occupation in Italian history — and its retooling for green production shows how workers can reorganize the economy while saving jobs.
The US housing system is organized around subsidized private homeownership and underfunded public housing. But during the New Deal, leftists had a different vision: beautiful social housing for all but the rich.
Last September, California governor Gavin Newsom vetoed a bill that would have imposed rules and transparency on the state’s largely unregulated cryptocurrency industry. The move came after the crypto industry spent more than $400,000 on lobbying Newsom.
After stripping out mismeasured housing prices, core inflation had its biggest 12-month drop since the massive disinflation of the early 1980s. Larry Summers continues to be wrong about inflation.
Because the Biden administration refuses to make a public case for keeping alive the pandemic emergency declaration that led to a huge expansion of desperately needed programs like Medicaid, millions are about to lose their health insurance.