A Crash With Chinese Characteristics
China's stock market crash was a fleeting convulsion. Its system of authoritarian capitalism is unscathed.
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A Plea for Culinary Modernism
The obsession with eating natural and artisanal is ahistorical. We should demand more high-quality industrial food.
The US Is Raising Tensions With North Korea
North Korea is taking an increasingly hostile posture toward the US. It’s the predictable result of the United States’ aggressive maneuvering in the region in its great power rivalry with China.
US Economic Decline Has Been Greatly Exaggerated
A focus on GDP and national accounts gives a misleading picture of US economic power. In the age of globalization, production can be based in countries like China while most of the profits flow back to American firms, reinforcing US economic hegemony.
Trump’s Historic Blunder in Iran
Both the White House and Israel wanted swift regime change in Iran. Instead they’ve triggered a spiraling conflict with no plausible endgame.
How the Left Should Respond to a New Global Slump
If the global economy comes skidding to a halt sometime soon, the results for the vast majority of people around the world would be miserable. The Left needs to be prepared for it.
Automation: Roll Out!
At the heart of the US-Japanese franchise Transformers is a tension between visions of robotics as liberation and as enslavement.
The Miliband Affair
Ralph Miliband was no patriot. He was a stern critic of the British ruling elite and its institutions.
Taiwan’s History Shows Why We Need a Global Democratic Order
Taiwan has been subject to the machinations of great powers for much of its history. A better international order would ensure that all nations, big and small, have an equal voice in the global arena.
“Encircling” China Is a Very Bad Idea
The defense bill that Joe Biden recently signed lays the groundwork for a new cold war with China. That’s great for defense contractors — and terrible for world peace.
Fredrick Brennan Is the Founder of 8chan. Now He Wants to Take It Offline.
Fredrick Brennan founded the 8chan image board that became home to QAnon conspiracists. Now he’s horrified by the site — and wants it offline. Brennan talks to Bhaskar Sunkara about free speech in the digital age, how 8chan became such a reactionary cesspool, and what we need to do to build a better internet.
On Taiwan, the US Is Recklessly Escalating Potential Military Conflict With China
US policy on Taiwan is simultaneously escalatory and muddled, with Joe Biden making belligerent statements that are then contradicted by his own aides. Enough horseplay: the US must stop behaving recklessly and seek a diplomatic solution to the Taiwan crisis.
Stephanie Kelton Thinks the Conventional Wisdom Is Changing
In an interview with Jacobin, economist Stephanie Kelton argues that we're seeing a paradigm shift away from free-market dogmas and austerity.
The Long Twilight of Central Bankism
Historically low levels of inflation and a defeated labor movement made the era of central bank independence possible. But the 2008 crash repoliticized the institution. Donald Trump’s attack on Lisa Cook is a backlash that has been brewing ever since.
Market Mania
The history of speculation is replete with burst bubbles.
Trump’s Tariffs Are a Gift to Capital, Not Workers
Donald Trump has championed tariffs as a way to revive American manufacturing. But without a real industrial strategy, Catalyst editor Vivek Chibber argues, they’re little more than a handout to capital.
North Korea, Without the Hacks
Most US reporting on North Korea is inaccurate fluff produced by self-serving careerists. But a new book finally shows how to do it right.
Foul-Weather Friends
Radical critique from an unexpected source — the head of currency trading at a major Wall Street firm considers global capital markets.
It’s Too Soon to Announce the Dawn of a Chinese Century
Despite the pandemic’s impact, China has a long road to travel before it can surpass US economic power. Inter-capitalist rivalry is driving tensions between Washington and Beijing, not the personalities of Xi Jinping or Donald Trump.