Electricity bills are rising, and data centers are getting the blame. But for 50 years, the American grid absorbed loads this large while real prices fell. The difference between then and now? Deregulated markets.
Sergey Brin’s family fled Soviet authoritarianism, an experience he’s now invoking to portray a proposed wealth tax as Soviet-style tyranny. Ironically this sort of rhetoric is more likely to bring the US closer to today’s Russia: an unabashed oligarchy.
Instead of fostering a more democratic path to development, Canada and the EU are strengthening alignment through fossil fuels, weapons production, and customary geopolitical maneuvering.
A growing share of world infrastructure is dominated by the eccentric, reactionary, annoying billionaire Elon Musk. He is, regrettably, a key figure to understand — which Ben Tarnoff and Quinn Slobodian set out to do in Muskism.
During Jair Bolsonaro’s term as president, he faced a liberal establishment that acted as a bulwark against his worst excesses. If his son Flávio beats Lula in the presidential election, he will encounter much less resistance from state institutions.
Karl Marx’s anti-utopian line is often used to avoid discussion about what socialism would be like. But engaging in the nuts and bolts of how a postcapitalist economy might work is also necessary, to make it more than a distant dream.
A recent turnaround in South Korea’s marriage rate shows that its fertility crisis is also an affordability crisis.
Public ownership may seem like the most obvious solution to the problems posed by AI. But purpose trusts could offer a more pluralistic form of social ownership — one that subordinates profit to a variety of public purposes.
In 1992, the Cold War was over. But the Defense Department was already planning for the next one.
Albania’s government is one of the most toadyish allies to Donald Trump and Israel. Yet as Jared Kushner seeks to tarmac a protected nature reserve in the country, Albanians are saying no to their cronyish government and its international allies.
Ninety years after the original Nye Committee exposed the arms industry’s corruption, the Pentagon and its contractors are bigger, richer, and more unaccountable than ever.
From Libya to Yemen and Palestine to Sudan, the United Arab Emirates has built a regional network of militias, autocrats, and oligarchs that perpetuate violence for power and profit.
In the 19th century, capitalist markets combined with environmental disaster to cause famines across the Global South. We might experience a similar tragedy again soon.
Bhaskar Sunkara reflects on the rise, defeat, and possible renewal of socialism — and on the generations of ordinary people who fought to build a world beyond class domination.
One of Africa’s top teams, Senegal has good reason to look forward to the World Cup. But the US government has put up major barriers to its fans and journalists visiting the country, in a policy of deep discrimination against Senegalese citizens.
While Donald Trump assaults civil liberties and the social safety net, Democrats are lost. Capital’s continued dominance of both parties and Big Tech’s machinations in particular are key to understanding our political crisis, argues Thomas Ferguson.
Ten years after the financial crisis, we see how life is treating some of our favorite Wall Street villains.
