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How Thomas Piketty Ignores Class Struggle

Offering a welcome rejoinder to many neoliberal orthodoxies, French economist Thomas Piketty has established himself as a sharp critic of growing inequality. But when he presents these ills just as a result of wrong choices, he ends up erasing the realities of class struggle — leaving him unable to explain how neoliberalism imposes its power.

The Myth of Progressive Canada

Canada’s growing economic and military might abroad is exploding any notions of “Canadian exceptionalism.” It might not be as vicious as the United States, but Canada is nonetheless an imperialist power.

Bengal Is Being Hit Hard by Climate Catastrophe

When it hit the Bay of Bengal in May, Cyclone Amphan caused apocalyptic scenes, flooding whole districts and flattening villages. Amid a pandemic and in a region already riven by food insecurity, storms like these are catastrophic.

Andrés Arauz Is Refusing to Let Neoliberals Bury Ecuador’s Citizens’ Revolution

After a sustained campaign of judicial persecution, Lenín Moreno’s increasingly unpopular government has barred former president Rafael Correa from running in February’s elections. But radical economist and presidential candidate Andrés Arauz is pushing ahead with his bid to continue Correa’s Citizens’ Revolution — standing defiant against moves to block the Left from standing.

We Shouldn’t Have to Work So Damn Much

We’re working longer hours than in decades. But we don't have to. We deserve a more democratic economy in which we have the free time to develop our talents, hang out with friends and family, and do whatever else we please.

Private Equity Firm Blackstone Actually Had a Sub-Zero Tax Rate Last Year

Even though Blackstone, the world’s largest private equity firm, raked in billions in profits last year, new documents show their tax rate actually went below zero. This may help explain why CEO Stephen Schwarzman has spent nearly $25 million to help Trump and GOP senators win: to ensure the tax breaks enriching Blackstone stay in place.