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Everything Is Becoming a Bank

Most major corporations — from airlines to social media platforms — now aspire to become unregulated banks. Bankification today accounts for the highest profit margins in the US economy, crippling productive capacity and setting the stage for the next crash.

Emmanuel Macron Doubles Down on Austerity

France’s new prime minister has resisted calls to suspend Emmanuel Macron’s 2023 pension reform. While left-wing opposition parties want to undo Macron’s agenda, the president is defending his attacks on welfare as a prized legacy.

Making Spanish Support for Palestine Real

Spain’s center-left prime minister, Pedro Sánchez, has been one of the Western leaders most critical of Israel. But words often haven’t translated into action, and rising pro-Palestinian protests are criticizing his government too.

Democrats Are Screwing Up the Shutdown

Democratic leaders have focused far too much on process and decorum while explaining the government shutdown to voters. By instead emphasizing politics over bureaucratic machinations, Bernie Sanders and AOC are showing how it should be done.