opal-lee

19633 Articles by: Opal Lee

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Opal Lee is a writer.

The Disaster of Privatized Banking in Mexico

Since the 1990s, Mexico’s banks have been privatized, bailed out, and sold off, resulting in a massive upward transfer of wealth. The AMLO administration is introducing a public option for basic banking, but it must go further to rein in the untrammeled power of the banks.

“Being Just ‘Democrat’ or ‘Progressive’ Means Nothing. It Provides No Direction.”

Erika Uyterhoeven is a democratic socialist, a former Bernie Sanders staffer, and the Democratic nominee for a Massachusetts state representative seat. In an interview with Jacobin, Uyterhoeven talks about how the Sanders campaigns impacted her, the broad left coalition that won her the nomination, and why it’s important to openly embrace being a socialist.