
The Minsky Millennium
In 2008, Hyman Minsky finally had his moment. But he was miscast as a prophet of financial collapse. The real “Minsky moment” was the bailout, not the crash.

In 2008, Hyman Minsky finally had his moment. But he was miscast as a prophet of financial collapse. The real “Minsky moment” was the bailout, not the crash.

A new report shows that the world’s top 1 percent is responsible for double the emissions of the entire bottom half of the planet. The message is clear: to fight climate change, we have to fight the ruling class.

Mafalda is one of the most loved comic strips of all time. Drawn by the Argentine cartoonist Quino, its central character is a six-year-old girl who, with a mix of irony and naivete, interrogated the image of modernity being sold to the Latin American middle classes in the 1960s, and derided the authority of both the family and the state.

On the 40th anniversary of Spain's post-dictatorship constitution, the center is wracked by crisis, the far right is on the rise, and tensions over Catalonia continue to rise.

Yesterday's midterms were a rebuke to Trump. But America’s decades-long shift to the right won't be undone with Democratic Party liberalism.

By running to the right, Democrats insist on losing twice: at the polls and in constructing an inspiring agenda. Bold left-wing politics are our only hope for long-term, substantive victory.

Across Europe, a rising far right is on the offensive against LGBT people.

The fight for renewable energy cannot hinge simply on a shift from fossil fuels to solar and wind power. In cities like New York, the fight for democratized clean energy has begun.

An Italian court has overruled the arrest of migrant-solidarity activist Carola Rackete. But as the far right in government criminalizes efforts to save lives at sea, the Left must offer unconditional solidarity to all those crossing the Mediterranean.

Tonight’s election returns might seem dispiriting, but that’s exactly what the Right wants — for us to preemptively concede. Our demand should be simple: just count the damn votes.

In August 1970, campaigners for women’s liberation mounted a huge demonstration that recharged feminism in the US. Ruthann Miller, the protest coordinator, was a socialist activist. She talks to Jacobin about the march, and the need to combine feminist and socialist politics.

Last weekend’s Bolivian elections saw socialist Luis Arce romp to victory with 55 percent of the vote. Former senate president Adriana Salvatierra told Jacobin how the restored MAS government can undo the damage caused by last year’s coup — and set Bolivia back on the path to social transformation.

Trudeau is making an illegal push to end a major series of strikes. But unions can’t count on the courts to save them — only direct action can get the goods.

Walmart is the largest private-sector employer in the United States, and it’s an important source of low-cost groceries for consumers around the country. It also pays poverty wages, busts unions, and drives economic inequality. Luckily, there is an economically viable route to solving those ills: bring the megacorporation under public ownership.

On Tuesday, Floridians voted to largely end felon disenfranchisement in the state. It was a huge win — and it showed the importance of multiracial, class-based coalitions.

Podemos’s backing for Spain’s Socialist cabinet risks making it a prop to the institutions it once rebelled against. Yet it has also imposed its own stamp on the government’s agenda.

The Left has raised questions about how Alexandria Ocasio-Cortez will conduct herself in office. By attending a protest in Nancy Pelosi’s office and coming out strong against Amazon in New York City, she’s off to a strong start.

Jeremy Corbyn's suspension from the Labour Party is a travesty of justice — denying him the right to speak the truth about the media smears he has endured. Now, members who speak up in Corbyn's defense are themselves being suspended, as Blairite officials attempt to silence the socialist left.

The ANC’s Freedom Charter guided the struggle against white supremacy in South Africa, linking the questions of political and economic freedom. The origins of the charter — and the uses to which it was put — are rich with lessons for anti-racist struggles today.

Faced with soaring case numbers, the Italian government has imposed tougher restrictions on businesses and social gatherings. Yet as millions face a miserable dilemma between personal safety and financial ruin, protesters have begun to defy the curfew — a sign of the fraying social consensus behind shutdown measures.