CEO Performance Pay Is One of Capitalism’s Great Myths
The ratio of CEO pay to worker pay is almost 300 to 1. Are we really supposed to believe CEOs work 300 times harder or create 300 times more value than us?
474 Articles by: Luke Savage
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Luke Savage is a staff writer at Jacobin. He is the author of The Dead Center: Reflections on Liberalism and Democracy After the End of History.
Rick Santorum Just Came Out and Said What Conservatives Really Think of Democracy
Conservatives have never much liked democracy, but the unpopularity of the modern Republican Party’s agenda has made them more contemptuous. The other day, Rick Santorum even denounced ballot measures on “very sexy things” like abortion and marijuana.
Politico’s Proposed Reelection Strategy for Joe Biden Is Absolutely Bonkers
Joe Biden’s reelection chances are dimming, and about the worst thing he could do is cozy up to Rahm Emanuel, the Clintons, and Liz Cheney. Yet that’s the kind of advice he gets in a bizarre new column from one of Politico’s senior writers.
If Joe Biden Thinks His Support for Israel’s War Won’t Imperil His Reelection, He’s Wrong
As he backs Israel to the hilt, Joe Biden should remember the Lyndon B. Johnson precedent: foreign policy catastrophes can easily undermine a president’s domestic agenda and endanger their reelection prospects.
Last Night’s GOP Debate Showed the Republican Party’s Lunacy Even Without Donald Trump
The Republican presidential debate last night was an unhinged parade of War on Terror–style militarism and paranoid saber-rattling. With or without Donald Trump, the GOP has absolutely lost it.
Chris Christie’s Presidential Campaign Is a Train Wreck
Former New Jersey governor Chris Christie is polling in the low single digits for the Republican presidential primary. Despite his lack of popularity with actual GOP voters, he continues to endear himself to liberal pundits.
Billionaire Doug Bergum’s Presidential Run Shows Campaigns Are Tourism for Rich People Now
North Dakota’s Doug Bergum is a billionaire governor running an impossibly bland, popularity-free campaign for the GOP presidential nomination. Why is he running, other than that he’s rich and he can? We have no idea.
McKinsey Is Ultraprestigious. It’s Also a Blight on the World.
McKinsey & Company attracts graduates from prestigious colleges in droves. But as a former employee tells us in an interview, instead of using their talents for good, the consulting firm sends them out into the world to make the planet more profit-driven.
Joe Biden Is Trying to Sell Endless War as an Economic Opportunity
With the war in Gaza raging, Joe Biden is attempting to pitch new military spending as a boon for the economy. Could he get more cynical?
Benjamin Netanyahu’s Political Future May Be Over
Rather than bolster Benjamin Netanyahu in a “rally around the flag” effect, the October 7 attack on Israel has destroyed his standing with voters. Netanyahu’s political career, which has fundamentally reshaped Israeli society, may be effectively finished.
The Far Right Has Gone Global, and So Has Its Conspiratorial Racism
The far right across the world is mixing and matching racist, conspiratorial rhetoric with little regard for national origins. Thomas Friedman’s flat Earth is here, but instead of pluralism, it’s prejudice that has gone global.
Canada Must Reckon With Its History of Harboring and Celebrating Nazi War Criminals
Canada’s disgraceful history of covering for and even feting Nazi war criminals is finally receiving the attention it deserves. Yet some mainstream figures are still parroting far-right nationalist propaganda under the guise of resisting “disinformation.”
Gavin Newsom Is Anti-Worker Purely by Choice
Gavin Newsom is governor of deep-blue California, so he doesn’t have the excuse that Republicans are torpedoing his progressive aims. Yet he’s still selling out workers — including, this week, by killing unemployment insurance for striking workers.
The Immortality Hustle
Silicon Valley’s quest to achieve eternal life is pure quackery. But it reveals much about the antidemocratic pathologies of the global superrich.
Last Night’s GOP Presidential Debate Was Completely Nuts
The Republican presidential debate last night was full of sound and fury, signifying nothing. If anything, the candidates lost just by being there, much as the audience lost two hours of their lives by watching.
Joe Biden’s Trip to Michigan Shows Why You Push Democrats, Not Capitulate to Them
Joe Biden’s historic visit to the picket line yesterday would never have happened if the UAW simply cozied up to Biden. As the union showed, you don’t win by showing deference to Democratic elites — you use the leverage you have to extract concessions.
David Brooks Thinks Class Has More to Do With Where You Eat Than Where You Work
David Brooks, elite pundit par excellence, has been giving a master lesson for years in how to talk about class without actually talking about class. But class is about material realities, not empty cultural signifiers like one’s TV habits or food preferences.
The UAW Strike Is Bringing Out Republicans’ True Anti-Worker Colors
The UAW strike has put the GOP in a bind: keep pitching themselves as pro-worker or reveal their rhetoric as a masquerade. Yesterday, presidential candidate Tim Scott chose to say what Republicans actually think: “You strike, you’re fired.”
UAW Members Are Striking Against Corporate Power — and Americans Overwhelmingly Back Them
United Auto Workers president Shawn Fain has said, “We fight for the good of the entire working class,” and Americans seem to believe him. In massive numbers, they tell pollsters they back the UAW over the Big Three auto companies.
Real Estate Magnate Tim Gurner Is a Jerk. But He’s Saying What All Capitalists Really Think.
Real estate CEO Tim Gurner, of “millennial avocado toast” fame, has gone viral again for saying low unemployment has made workers arrogant and joblessness must rise. His remarks reveal a usually unspoken truth: capitalists rely on the subordination of workers.