The Myths of Means-Testing Are Still Alive Among Democrats
At last night’s debate in Miami, several Democratic candidates continued to peddle misinformation about both free college and Medicare for All.
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Zohran Mamdani Can Help Rebuild New York’s Labor Movement
As New York City mayor, Zohran Mamdani will have a range of options to encourage large numbers of workers to unionize — essential both for improving working-class living standards in an unaffordable city and building an organized force to win his agenda.
Even When Facing Collapse, First Republic Bank Still Fought Against Stronger Regulations
After bailing out Silicon Valley Bank, the federal government is considering the rescue of First Republic Bank. But just two months ago, First Republic pressured regulators not to adopt rules to minimize the risk of government bailouts for insolvent banks.
Pay Andrew Yang $1,000 a Month to Get Out of the Presidential Race
Andrew Yang correctly identifies some of the major problems of American capitalism today. But his solutions span from misguided to deranged.
Bernie Against the Beltway
The mainstream media likes to cast Bernie Sanders as a fringe candidate. Yet the data on individual donors don’t lie: across the country, he generates more enthusiasm than any other candidate — at least, outside the Beltway.
Kathy Hochul Is Committed to New York’s Billionaires
In the 2023 New York budget fight, Governor Kathy Hochul is relying on billionaires like Michael Bloomberg to try to build support for an austerity budget — rather than listening to wildly popular left-wing demands to tax the rich.
Insulin Makers’ Profit Seeking Will Keep Killing Diabetics
The three big insulin manufacturers recently announced some reductions in prices. But the price changes didn’t come from corporate beneficence — they came from public and government pressure. And they don’t go nearly far enough.
Why QAnon Will Outlive Donald Trump
QAnon has become far bigger than any one political figure attached to it. Q is a new and radically postmodern species of right-wing politics, capable of transcending the boundaries of nation and culture. And it’s not going away anytime soon.
Iraq War Apologism Is Alive and Well
You might think everyone agrees the Iraq War was a complete humanitarian and strategic disaster. But a casual survey of today’s politicians and mainstream talking heads reveals that many in corridors of power think the invasion was fundamentally a good idea.
Yes, Socialists Should Support Industrial Policy and a Green New Deal
The capitalist system may be turbulent, inequitable, and antisocial. But there is no “iron law” of capital standing in the way of a program of economic planning for sake of the climate.
Workers’ Pensions Are Backing Child Labor Through Private Equity Investments
Public officials have been using the retirement savings of unionized public employees to capitalize, through private equity investments, an outsourcing business that has used low-paid immigrants and even children for hazardous work in slaughterhouses.
“Education Reform” Has Undermined Public Schools’ Popularity
School privatization efforts are making dangerous advances in states like Florida and Arizona. Neoliberal education reforms that have degraded public schools, from high-stakes testing to corporatized visions of education, are in part to blame.
After the Ukraine Documents Leak, Mainstream Media Is Missing the Story
The recent leak of Ukraine war documents reveals much about how the US government has been misleading the public. But the corporate media is more concerned with catching and punishing the leaker, all in the name of defending democracy.
If You’re a Socialist, Root for the Green Bay Packers
Let’s get one thing straight: the Green Bay Packers are the only socialist team in the NFL.
In the Silicon Valley Bank Bailout, Federal Regulators Stiffed Low-Income Communities
Federal regulators bailed out Silicon Valley Bank after its historic collapse. But they offered no such rescue to the low-income communities to which the bank had pledged an $11 billion community benefits agreement.
Amazon’s Shameless Union Busting Shouldn’t Be Forgotten
Thousands of workers at the JFK8 Amazon warehouse voted to unionize in 2022, sparking hope that we were witnessing a turning point for workers. The egregious union busting by Amazon that followed should have been a rallying cry for Democrats. It wasn’t.
The GOP Wants You to Pay More Exorbitant Credit Card Fees
In February, the Consumer Financial Protection Bureau proposed a rule that would limit most credit card late fees to $8. The rule is being fought by a group of House Republicans who took more than $600,000 from credit card companies in the last election cycle.
Energy Politics Will Define the Future of Europe
Russia’s invasion of Ukraine transformed the energy politics of Europe: America became Germany’s main importer of liquid natural gas and Putin pivoted east. This new order is likely to generate more conflicts than the one that came before it.
Rolling Back “Right-to-Work” in States Like Michigan Sends a Message to Anti-Union Bosses
Michigan’s repeal of its “right-to-work” law could be a huge boon to labor — not because of the technicalities of the law itself, but because the entire country is hearing the message that the state will not tolerate flagrant union busting.
Martin Wolf Knows That Capitalism Is in Crisis, but He Can’t Explain Why
Martin Wolf, chief economics commentator for the Financial Times, recognizes that the neoliberal model he once celebrated is in deep crisis. But Wolf can’t get to the heart of the problems with contemporary capitalism or offer a meaningful solution for them.