Military Contractors Are Framing the Israeli War on Gaza as a Win for Investors
This week, arms industry executives at both Raytheon and General Dynamics spoke candidly about how Israel’s war on Gaza will be good for business.
27 Articles by: Lucy Dean Stockton
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Lucy Dean Stockton is a New York–based reporter with the Lever. Her work focuses on privatization.
Cable News Keeps Inviting Defense Industry Shills to Explain the War on Gaza
As Israel mercilessly bombs Gaza, cable news channels are inviting defense officials turned industry consultants onto their shows to explain the war — and usually to justify the unjustifiable.
The New York Legislature Could Help Free the Global South From Crushing Debt
An escalating sovereign debt crisis is crippling governments across the Global South and making billions for Wall Street. Activists hope to crack down on these debt vultures by pushing the New York State Legislature to ban their most predatory tactics.
Medicare Advantage Is a $140 Billion Scam
According to a bombshell new report, the federal government is losing as much as $140 billion per year by subsidizing Medicare Advantage, the privatized insurance scheme managing health care for seniors.
Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles
Big Three executives are claiming that UAW demands, including a just green transition, are too expensive. This is an obvious misdirection: the real sap on company finances is the billions of dollars in stock buybacks and executive compensation.
Big Three Autoworkers Are Striking Against Concessions While Shareholders Reap a Bonanza
This morning, the United Auto Workers launched a landmark strike against the Big Three automakers for their refusal to provide adequate pay and job security. Meanwhile, over the last year, the automakers have authorized $5 billion in stock buybacks.
Capitalist Greed Fueled the Catastrophic Hawaii Wildfires
Wildfires in Hawaii have killed over 100 people, and hundreds remain missing. From draining historic wetlands to failing to invest in safe energy infrastructure, the capitalist thirst for profits above all else helped create the disaster.