Yes, Profits Have Risen With Prices
That unbelievably expensive grocery bill? Turns out there’s a simple explanation: a new report in Canada finds that corporate profits have doubled since before the outbreak of the pandemic.
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Neville Alexander Was a Major Thinker of Socialism in Africa
Neville Alexander was a brave fighter against South African apartheid who was jailed on Robben Island alongside Nelson Mandela. Alexander exposed the links between racism and capitalism and opposed the ANC’s neoliberal turn after the fall of apartheid.
How “Social Europe” Became the Alibi for a Neoliberal EU
During the 1970s, left parties and unions promoted the idea of a “Social Europe” as a response to the crisis of capitalism. The term later served as a rhetorical distraction from the EU’s ongoing embrace of neoliberal dogma.
Bernie Sanders Is Right to Be Incensed at the Democrats
Yesterday, Bernie Sanders tore into the Democratic Party’s “big money interests and well-paid consultants” who abandoned working-class voters. Bernie was stating an obvious truth — one that Democratic leaders seem hell-bent on ignoring.
How US Sanctions Torpedoed Kamala Harris
The Biden administration’s sanctions on Russia didn’t just tank global markets; they also helped Kamala Harris lose the election. The Democrats’ fate was sealed by a Wall Street–fueled commodity frenzy that sent gas prices and grocery bills soaring.
Here’s How Economic Populism Can Win
To win competitive districts, left-wing candidates must challenge both economic oligarchy and cultural elitism.
Trump Will Lower American Workers’ Standard of Living
For workers, Donald Trump’s second term promises to make America worse. With deportation threats, union busting, and disastrous tariffs, his economic agenda will ensure that working-class Americans pay for his political theatrics.
The Rockefeller Christmas Tree Belongs to the Working Class
Construction workers pooled their wages to erect the first Rockefeller Center Christmas tree in 1931, bringing holiday cheer to themselves on the job site. Their billionaire bosses co-opted the gesture, transforming it into today’s consumer spectacle.
Donald Trump Is Making Canada Nationalistic Again
Donald Trump’s latest musings about annexing Canada have put Canadian right-wing populists in an awkward position. As Pierre Poilievre and Doug Ford embrace nationalistic rhetoric, they’re also hedging their bets to keep trade and defense ties intact.
US Mail Carriers Are Poised to Elect New Union Leadership
At next week’s convention for the National Association of Letter Carriers, a 200,000-strong union of US Postal Service mail carriers, a whole ecosystem of reform groups, slates, and podcasters are pushing for a change in leadership.
Between the Lines Is a Prescient Homage to Print Media
Released almost 50 years ago, Joan Micklin Silver’s touching film about the decline of print media, Between the Lines, is a love letter to news and the people who make it.
“This Fight Is Ours, but It Belongs to Everyone”
SEIU leader David Huerta’s arrest sparked the recent anti-ICE protest wave. Unions like his could tip the scales to win its demand: End the raids now.
Last Night’s Palestine Crackdown Was Authoritarian
Both the police crackdowns at Columbia University and elsewhere and the propaganda that enabled them resembled scenes from an authoritarian foreign country. So we wrote about them as if they were.
Cloud is a Techno-Thriller for the Age of Online Hustle Culture
The internet has robbed the world of much of its mystery and replaced it with the jaded cynicism of online grifters. Kiyoshi Kurosawa’s film Cloud explores this bleak world dominated by people who just can’t log off.
The World Is About to Have Trillionaires. Enough Already.
Elon Musk is poised to become the world’s first trillionaire. Still, liberals are hand-wringing about the potential pitfalls of wealth redistribution. In truth, we should have stopped the rise of the economic superelite long ago. Better late than never.
All of This Because of Political Speech
The University of California’s turning over of dossiers on 160 people under investigation for antisemitism, including Judith Butler, to the Trump administration has strong echoes of McCarthyism.
For Arms Manufacturers, the War in Ukraine Is a Profits Bonanza
Not even 1 percent of NATO military hardware will actually be used to help Ukraine. But the Russian invasion has provided a pretext for massively increased arms spending — and it’s great news for weapons manufacturers’ profits.
The Wanton Use of Tear Gas Against Police Brutality Protesters Is Unconscionable
Developed for the trenches of World War I, tear gas is being deployed indiscriminately against protesters across the United States today. It’s an unconscionable use of force that violates international regulations — and it shows police officers are operating with complete impunity.
The Global South Needs More Than Just Debt Relief
The G20’s plans to postpone 76 emerging countries’ debt repayments are a band-aid on fundamental injustices in the global economy. Rebuilding the Global South after the pandemic will require a complete upending of the international order — and the defending states' sovereignty rather than financial markets'.
Senate GOP Copied and Pasted Andrew Cuomo’s COVID-19 Corporate Immunity Law
While raking in cash from health care industry donors, Beltway Republicans copied language from an Andrew Cuomo law meant to shield negligent nursing home execs into their new COVID-19 relief package, word for word.