Michael Bloomberg is so rich it's hard to comprehend. So here's a comparison: the bottom 38 percent of US households have a collective net worth of $11 billion. Bloomberg alone has $64 billion.
As badly as Michael Bloomberg performed in his first debate last night — and he was gloriously bad — he’s not going anywhere. Even if he doesn’t get a nomination, his billions will be a massive weapon for Bernie Sanders opponents within and outside the Democratic Party.
A consensus is growing that the worldwide post–9/11 “forever war” must come to an end. But that goal is in danger of being watered down to the point of meaninglessness by politicians and think tanks still in thrall to the national security state and its war on terror.
Nayib Bukele has worked hard during his presidency to cultivate an image as a Silicon Valley–style disrupter fighting corruption. But his recent use of the Salvadoran military to physically occupy the national legislature shows he's unafraid to use authoritarian tactics reminiscent of the country's brutal right-wing dictatorship.
The great abolitionist and former slave Frederick Douglass died 125 years ago. Today, Jacobin publishes never-before-transcribed articles from Frederick Douglass’ Paper denouncing capitalism and economic inequality.
Two articles published in 1856 in Frederick Douglass' Paper: "The Accumulation of Wealth" and "The Land Reformer."
With a billionaire onstage and every candidate but Bernie Sanders open to unelected and unaccountable superdelegates choosing the nominee, last night’s debate showcased clearly the choice facing Democrats: rule by the majority or rule by plutocratic elites.
Jacobin troll Donald Hughes (@getfiscal) has been pitching us every week for two years. We’ve compiled some of the best, and our responses, without edits.
The 2010s were meant to herald a new generation of party activism, as Europe’s austerity generation built new structures to the left of social democracy. Instead, we got short-lived surges of electoral enthusiasm — without the deeper rebuilding we so sorely needed.
The Labour Party’s election disaster was rooted just as much in its own errors.
Thomas Ferguson’s work traces the history of how big money buys politics in America. He recently sat down with Jacobin to talk about Bernie Sanders, the superrich, and how the flood of corporate cash is shaping the Democratic primary.