The Federal Reserve and the European Central Bank are withdrawing money from markets in the name of fighting inflation. But the move is aggravating the pressures of debt on the Global South — and pushing states toward ruinous austerity measures.
In the 1920s, Taiwan had a radical anti-colonial movement similar to those in other parts of the colonized world — and central to it was a powerful organized labor movement. Today, with a weak and divided left, that memory needs to be recovered.
Daniel Hale was sent to a facility known as “Little Guantanamo” for exposing just how deadly the US drone assassination program is. Hale's actions served the public. President Biden should set him free.
For years, Wall Street firms have inked secret deals to give certain investors preferential treatment. The SEC proposed reforms to regulate these “side letters” — but the industry wants to maintain its ability to enrich some investors at the expense of others.
In Los Angeles, emboldened tenants are winning big against abusive corporate landlords. But as the city fails to enforce the terms of their victories, landlords continue to harass tenants with impunity.
In the 1960s and ’70s, Britain’s dirty war against the revolutionary struggle in Dhofar was hidden from the public. But the successful British effort to prop up one of the world’s most reactionary regimes had a lasting harmful impact on the politics of Arabia.
“Precision scheduled railroading” was pioneered on Canada’s railways. The proof of concept suffered from increased train crashes — and worker injury, exhaustion, and death — but outsize profit for railways clinched the system’s implementation.
With her sentencing on corruption charges this month, Argentine vice president Cristina Kirchner has become the latest victim of right-wing “lawfare.” Kirchner has declared she won’t seek public office again — meaning a murky future for her populist movement.
Socialist New York City councilor Tiffany Cabán recently introduced legislation requiring “just cause” for firing workers. We spoke to a labor law scholar about why scrapping “at-will” employment would bring a major measure of democracy to the workplace.
Epic Games is shutting down the iconic Unreal series, continuing the games industry’s disturbing trend of turning its own history into abandonware.
A new federal proposal would punish banks that have committed crimes by preventing them from managing retirement funds. Wall Street disagrees — and is deploying an army of lobbyists to block the proposal.
The American labor movement remains weak. But from the sweeping Starbucks unionization drive to UAW reformers’ successful bid for union leadership, there were serious glimmers of hope in 2022 for a stronger, more assertive labor movement.