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California’s private insurers are abandoning homeowners and dodging payouts while padding executives’ pockets. A public disaster insurance system would cover everyone automatically, spread risk fairly, and invest in disaster prevention.
Nobody today denies that capitalism exploits nature. The disagreement is over why. Political theorist Alyssa Battistoni spoke to Jacobin about capitalism’s complex relationship to what economists once called nature’s “free gifts.”
Economist Ann Pettifor explains how America’s industrial decline has its roots in the dismantling of the international monetary system established at Bretton Woods and in the rise of a global financial system that prioritizes capital mobility over production.
We are bumbling toward an AI-enabled, nuclear-curious World War III. A new book urges us to get over antiwar protest burnout and cynicism and to rebuild the long-dormant Cold War movement to ban the bomb.
As long as housing remains a profit-driven investment for landlords, the pace and scope of decarbonization will be shaped by their financial calculations. That’s a problem.