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.
61 Articles 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.
Students at Brown Just Finished a Hunger Strike Against Israel
Earlier this month, 19 Brown University students completed an eight-day hunger strike demanding the school divest from companies profiting from human rights abuses in Palestine. We talked to three of the hunger strikers about the protest.
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.
Even Workers at Small, Independent Coffee Shops Are Unionizing. We Spoke to Some.
No one expected a union organizing upsurge at Starbucks, but a year ago, one started. That union interest is spreading, including to small coffee shops like Brooklyn’s Daily Press. We talked to several workers there who recently voted unanimously to unionize.
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.
India Walton: The Buffalo Massacre Is Rooted in Segregation and Disinvestment
The racist massacre in Buffalo didn’t come from nowhere. Jacobin spoke to India Walton, last year’s socialist mayoral candidate, about the horrific shooting’s local roots in racial segregation and disinvestment in poor and working-class black neighborhoods.
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.
Socialist Assemblywoman: Shut Down Rikers Island
Two people have died at Rikers Island in the past week, bringing the total to 12 this year. We spoke with socialist assemblywoman Phara Souffrant Forrest, who just visited Rikers Island, about the unconscionable conditions and why we must close the prison facility once and for all.
India Walton: Byron Brown Is a “Sore Loser” Whose Pro-Corporate Policies Have Failed Buffalo
Buffalo mayor Byron Brown lost the Democratic Party primary against socialist India Walton. Now he’s elbowed his way back on the ballot for the general election. In an interview with Jacobin, Walton argues that Brown’s defense of the status quo will lose to her vision of democratic socialism.
Zohran Mamdani: So Much Is Possible Without Andrew Cuomo as Governor
Andrew Cuomo is on his way out. Socialist New York assemblyman Zohran Mamdani talks about Cuomo’s history of bullying and blocking progressive bills, the role of the Democratic Socialists of America in Cuomo’s ouster, and new opportunities for left policy in New York.