The only way to curb the current inflation in the UK without imposing unbearable costs on workers is to tax corporate profits and wealth and incomes derived from those profits. Keir Starmer’s Labour Party refuses to do so.
The housing crisis will never end without levying forceful taxes against real estate speculators and investors. A recent report outlines the necessary actions to impose taxes that can actually narrow the wealth gap and alleviate the housing emergency.
In an address to union workers ahead of Labor Day, Bernie Sanders says that unprecedented corporate greed demands an unprecedented worker response. We reprint his remarks here.
Two University of California union organizers argue the keys to their union pulling off the largest strike of 2022 were simple: an emphasis on majority participation, democratic decision-making, and building a representative structure across the UC system.
Drugmakers are up in arms over a new program allowing Medicare to negotiate prices on some drugs. The real scandal, of course, is the absurd prices the companies set for these drugs’ sale in the United States, when they are sold for so much less elsewhere.
Twelve years after the Fukushima disaster, Japanese authorities have started pumping wastewater from the plant into the ocean. They insist there’s no danger to public health, but Japan’s neighbors are up in arms about the controversial plan.
President Joe Biden has proclaimed a break with the economic orthodoxy of recent decades in favor of what he calls “Bidenomics.” But how real is Biden’s break with neoliberalism?
The contract that Teamsters just won at UPS isn’t perfect, and we should keep broader strategic goals in mind when evaluating union settlements. But we can’t lose sight of the fact that this is the best UPS contract ever negotiated.
Socialists have demonstrated the tactical utility of running on the Democratic Party ballot line. But making our peace with the party would be a mistake — to accomplish our goals, independent political organization and identity is indispensable.
Reactions to Oliver Anthony’s viral hit, “Rich Men North of Richmond,” have played out along drearily predictable culture-war lines. But Billy Bragg’s response, “Rich Men Earning North of a Million,” instructing Anthony to “join a union, brother,” perfectly cuts through the noise.
YIMBYs are right that the US needs a major expansion of its housing supply. Unfortunately, eliminating restrictions on private housing development won’t do much to get us there.
For decades, the leadership of Australia’s public sector union has promised members that once a Labor Party government comes to power, it will lift wages and fix staffing shortfalls. The Albanese government is now refusing these demands.
Responses to the expansion of BRICS ping-ponged from dismissal to fearmongering. But there’s not much reason to fear for the US-led world order quite yet — and we shouldn’t fear the multipolar one BRICS wants to build.
Eighteen months ago economist Isabella Weber faced intense criticism for blaming inflation on corporate profits. Now her analysis is regularly featured in the business press — and neoliberal ideologues are whining about it.
Bill Clinton came to the presidency seeking to reinvent the New Deal for an era of deindustralization. Instead he consolidated the defeat of organized labor and hollowed out the welfare state.
Subscription fees for medical services are part of a growing erosion of Canada’s public health care by the private sector.
Franz Mehring joined the fledging socialist movement in Bismarck’s Germany and became one of its most brilliant propagandists. From his historical writings to his biography of Karl Marx, Mehring left behind a vital body of work for Marxists to draw upon.
Spain’s footballers are on strike after soccer chief Luis Rubiales kissed player Jenni Hermoso without her consent. Rubiales claims he’s the victim of “fake” feminist outrage — but the players’ action is a show of unity against a boss abusing his power.
The US is remarkable for its extreme relationship to drugs, marked by a love affair with psychoactive substances of all kinds and also draconian efforts to curtail drug use. That relationship has roots in America’s particularly virulent strain of capitalism.
In Canada, surging house prices, the G7’s highest household debt, nationwide climate-driven disasters, and punishing interest rates have turned the crisis knob to 11. Amid all this, the Trudeau Liberals are eyeing cuts, adding potential austerity to the mix.