Polish economist Michał Kalecki argued that capitalists would always resist full employment because it increases the confidence and bargaining power of workers. He was right — so right that even the Fed has now begun citing his ideas.
The Biden administration has been floating the possibility of a means-tested cancellation of $10,000 of student debt. There’s no reason not to cancel every penny instead.
Belgium was a pioneer of industrialization, and class struggle by its workers’ movement created one of Europe’s most impressive welfare states. But with regional divisions now dominating Belgian politics, the country’s long-term survival is deeply uncertain.
Billionaire Trump adviser and Blackstone CEO Stephen Schwarzman charges public workers exorbitant fees to manage their pensions, then uses those profits to bankroll Republicans bent on screwing those workers over.
The Champions League final is one of the biggest events in world sports. UEFA and the French police turned it into a brutal, dangerous fiasco — and Emmanuel Macron’s ministers are lying through their teeth about what happened.
No one would have guessed that Starbucks Workers United would rack up a hundred union victories in less than a year, but it has. Lessons from five early victories show how workers organizing at Starbucks — and everywhere else — can keep that momentum going.
Martin Luther King Jr once said that there’s “nothing but a lack of social vision to prevent us from paying an adequate wage to every American citizen.” Decades after his assassination, we can realize his vision of an economically just society.
Gov. Ron DeSantis has received huge campaign contributions from Florida’s nursing home industry. He is paying that industry back by deregulating nursing homes — including by reducing the amount of care facilities are required to provide to residents.
On Sunday, Rodolfo Hernández, a right-wing populist, snuck into the second round of Colombia’s presidential elections. Leftist Gustavo Petro is still the front-runner, but the Right's unexpected success should be cause for alarm.
Forty thousand rail workers across 16 companies in Britain have voted to strike. Their strike would be the biggest rail walk-off in decades, against funding cuts that would destroy Britain's rail system as we know it.
Almost all knowledgeable observers believe the war in Ukraine will have to end with a negotiated agreement. Yet the US, Ukraine's leading patron, has signaled it has no patience for diplomatic efforts that cut against its hope for Moscow's "strategic defeat."
With all eyes on the war in Ukraine, Turkish president Recep Tayyip Erdoğan is planning a fresh invasion of northern Syria. For 70 years, Turkey has been a key NATO member — and NATO's backing for its aggression shows the alliance is no mere defense pact.