From Pawns to Players
How Amalgamated Bank went from a tool for garment workers to a tool of finance capital.
19684 Articles by: Karl Leffme
Karl Leffme is a socialist in New York CIty.
Governance by Finance
Can European democracy survive the reign of unelected central bankers?
The House That Debt Built
Cleveland’s Quicken Loans Arena is a monument to the subprime mortgage crisis and the companies that caused it.
The Specter of Capital
How the housing crash got us believing in ghosts again.
Why Shadow Banking Is Bigger Than Ever
Despite nearly destroying the global economy in 2008, the shadow banking revolution marches on.
Devil in the Details
Don’t know the difference between an asset-backed security and your ass? We’re here to help.
Dear Prime Minister
Frankfurt/Rome, 5 August 2011
Economics for the Socialist Autodidact
Here’s what you should read.
Into the Vipers’ Den
Two centuries of mergers and splits in America’s banking sector.
How to Burst a Bubble
The mortgage crisis in four charts.
The Pelosi Playbook
What do you get when you cross big-money politics and tepid progressive positions? A look back at the career of Nancy Pelosi, who’s now poised to retake the House Speaker post.
The Minsky Millennium
In 2008, Hyman Minsky finally had his moment. But he was miscast as a prophet of financial collapse. The real “Minsky moment” was the bailout, not the crash.
Streaming Class Struggle
Alexandria Ocasio-Cortez and Bernie Sanders’s social media videos are putting class struggle front and center.
Rebuilding the Demos
This June Podemos helped the Socialists kick the Spanish conservatives out of office. But for Íñigo Errejón, defeating the oligarchs in the long term requires a new “national-popular” strategy.
El Chapo and the Narco-Spectacle
El Chapo’s trial continues this week, brimming with sordid tales of kingpins and cartels. But what the media spectacle can’t justify is a failing “war on drugs” that has taken the lives of hundreds of thousands of people.
The Perils of Liberal Philanthropy
The history of the Black Power movement offers a cautionary tale about the warping effects of liberal philanthropy’s soft power.
Wisconsin, Conquered
Republicans could not have conquered the labor stronghold of Wisconsin without the complacency of the Democratic Party.
Introducing The ABCs of Capitalism
Political organizing is hard — political education shouldn’t have to be. Introducing our ABCs of Capitalism series.