Blog

Previous Page 846 Next

The Growing Pains of Marseille’s New Left-Wing Government

Last June, France’s second city voted for the “Marseille Spring,” a left-wing coalition that put an end to two decades of conservative rule. But difficult pandemic conditions — and now the abrupt exit of mayor Michèle Rubirola — have raised questions over its ability to put ordinary citizens in charge of city hall.

How Cuba Survived and Surprised in a Post-Soviet World

After the fall of the USSR, most observers expected Cuba to follow in its wake. But the Cuban system has now lasted for 30 years since the Soviet collapse. To explain its persistence, we need to drop Cold War stereotypes and look at the Cuban experience in its own right.

Why the Minimum Wage Won Where Biden Couldn’t

In conservative Florida, where Trump edged out Biden last year by 51 percent to 48 percent, a ballot measure to raise the minimum wage to $15 by 2026 passed with nearly 61 percent of the vote. By appealing to Floridians' material interests across lines of race and geography, the campaign shows how left economic policies can win even in right-wing contexts.

The Response to the GameStop Fiasco Shows It’s Still Wall Street’s Economy

Now that hedge funds are losing billions to Redditors buying stocks like GameStop, Wall Street wants heavy-handed intervention into the market, and brokerages have clamped down on the upstarts. It’s a reminder that there’s no such thing as “people’s capitalism” or “shareholder democracy” — the capitalist economy is structured to do what’s best for the business elite.