The Crypto President Has Arrived, and the Grift Is Booming
With Donald Trump back in the White House, the floodgates for cryptocurrency scams have been flung wide open.
49 Article(s) by: Hadas Thier
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Hadas Thier is an activist in New York, and the author of A People's Guide to Capitalism: An Introduction to Marxist Economics.
Another Chance for AOC to Step Up on Palestine
AOC let down the Palestine movement at the Democratic National Convention. But it’s not too late to make up for it.
The Democratic Convention Failed the Palestine Movement
The Uncommitted movement made modest demands on the Democratic Party toward ending the agony in Gaza, and the party rejected them. But their demands cannot be ignored by Democratic power brokers forever.
Sam Bankman-Fried Was Guilty, and Not Even Michael Lewis Could Save Him
Sam Bankman-Fried was found guilty this week for running a crypto scam and faces years in prison. It seems jurors weren't taken in by SBF like famed author Michael Lewis, whose new book paints an oddly sympathetic portrait of Bankman-Fried.
The Rot of the Crypto Economy Goes Deeper Than Sam Bankman-Fried
Once-celebrated crypto mogul Sam Bankman-Fried is now sitting in a Brooklyn jail cell, awaiting trial for several counts of fraud and money laundering. But the scammy Silicon Valley capitalism he represents isn’t going anywhere.
After Sam Bankman-Fried’s Downfall, the Entire Crypto Fantasy Is Rapidly Unraveling
The next time a speculative bubble is massively inflating around a fancy new asset like cryptocurrency and financial carnival barkers are screaming it will change everything, remember Sam Bankman-Fried and how quickly all of his promises proved to be bullshit.
To Fight Inflation, Jamaal Bowman Says We Need Price Controls
Driven by inflation, the prices of basic goods are spiraling out of control. The Fed’s solution of raising interest rates will hurt average workers. Rep. Jamaal Bowman is proposing a better solution: price controls.
Defeating Inflation Doesn’t Have to Mean Harming Workers
The inflation crisis is squeezing workers. And the only way out of it that is acceptable to capitalists is to squeeze workers even harder.
Capital’s Muddy Waters
For decades, capitalists have tried and mostly failed to privatize water supplies all around the world. But when they have succeeded, the result has been toxic health hazards and total disaster.
Is This the Beginning of the End for Crypto?
Cryptocurrencies like Bitcoin took huge nosedives this week. Unfortunately, we aren’t living through the end of crypto — but hopefully the talk of it being the money of the future that will make us all rich has been shown to be lies.
The Stories We Tell Ourselves About Marriage Are Wrong
Our society is deeply invested in a rosy version of romance while offering little support for families to survive the challenges of marriage and child-rearing. We can’t survive those challenges without honest narratives about the maddening realities of love.
What a Socialist Response to Inflation Should Look Like
A left economic agenda must push back against the inflation panic to demand higher wages and increased social spending — while guarding against real inflation threats through targeted price controls and other policies that protect working people’s pockets.
No, DSA Shouldn’t Expel Rep. Jamaal Bowman
New York congressman Jamaal Bowman has made a number of wrong decisions on Israel-Palestine. But socialists should criticize those errors without driving him away from the Palestine liberation movement and the Left.
Ten Years After Occupy, We Have a Left That Matters
It’s still difficult organizing as a socialist in the United States. But in the last decade since Occupy Wall Street, there are signs more people are open to egalitarian politics.
We Went to Work. The Next Day, the World Shut Down.
While millions of Americans worked remotely during the COVID pandemic, millions more either showed up to a deadly job site or were thrown into unemployment. What will the recovery be like for them?
Sorry, You Can’t Be “Progressive Except Palestine”
American liberalism has long had a curious quirk: that of the liberal who is progressive on every issue except Palestine. But as the brutality of Israel’s occupation becomes impossible to ignore, that position is increasingly impossible to hold.
Ilhan Omar Has Absolutely Nothing to Apologize For
Yet again, both Republican and Democratic party leaders are attacking Rep. Ilhan Omar for telling the truth about American and Israeli war crimes. And yet again, Omar has nothing to apologize for.
Palestine Is No Longer the Third Rail for Democrats
Today’s cease-fire is a victory and a relief for Palestinians. But with Palestinians still under siege, the struggle against ethnic cleansing and occupation isn’t over. For Democrats, “progressive except Palestine” still won’t cut it.
Release the Vaccines
The horrifying scenes of COVID-wracked India show that when rich countries like the US back pharmaceutical profits over lives, vaccine inequality turns into global vaccine apartheid. Joe Biden has the power to immediately end this. Release the damn vaccines.
AOC Should Play a Stronger Role in Pushing for Palestinian Rights
Alexandria Ocasio Cortez’s recent comments to a pro-Israel group were defensive and confusing. But her progressive record on foreign policy and Palestine is an indication that she could play a much stronger role in standing up for Palestinian rights.