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The Socialist Movement Led Zohran Mamdani to Victory

Pundits have emphasized Zohran Mamdani’s videos and charisma and Andrew Cuomo’s weaknesses in Mamdani’s victory. But easily the most important factor in that victory is the movement that the Democratic Socialists of America have built in New York City.

Get Ready for Citizens United 2.0

Is it possible for American democracy to be further degraded by the influence of billionaires? Thanks to champion of the working class J. D. Vance and his right-wing friends, including “dark money kingpin” Leonard Leo, we may soon find out.

The War on Inflation Is a Class War

Federal Reserve chair Jerome Powell recently warned that the United States was at risk of stagflation, a combination of high inflation and economic slowdown. When this happened in the 1970s, capitalists used the crisis to attack organized labor.

The Promise of Divestment

Retirement systems and municipal treasuries hold billions of dollars of investments in companies like Tesla and nations like Israel. That means those funds hold enormous potential leverage over such companies and countries if they can credibly threaten divestment.

Who Benefits From the Dollar’s Dominance?

The US dollar is used by governments and investors around the world for trade and as a safe asset. Jacobin asked economist Mona Ali if Donald Trump’s tariffs are destroying trust in the currency and what effect this instability will have on ordinary people.