Anwar Shaikh is one of the world’s leading radical economists, whose work has challenged the way we think about capitalism. In an interview with Jacobin, Shaikh gives a concise overview of the ideas set out in his landmark book Capitalism: Competition, Conflict, Crises.
Since coming to office in 2018, Mexican president Andrés Manuel López Obrador has made tackling inequality a key tenet of his Fourth Transformation. Millions have been lifted out of poverty, and the divide between rich and poor is shrinking.
Universal benefits aren't merely the morally just way to carry out welfare policies. They are also the smart way to carry out welfare policies.
Australian workers are finally being addressed in the government’s rescue packages, but the measures go nowhere near far enough. National Secretary of the United Workers’ Union Tim Kennedy argues that the crisis offers an opportunity for genuine pushback and transformation.
Months after the fires, Los Angeles is beginning to rebuild, but current proposals don’t address the city’s long-standing housing issues. LA should emulate Singapore, which took a devastating fire as a cue to revolutionize its housing market.
In Michigan, privatization and free-market governance has left 100,000 people without water.
Boosters of the capitalist system love pointing to statistics suggesting stunning progress in eradicating global poverty. But those metrics set the bar pathetically low — and don’t account for the obscene explosion in global inequality.
NYC’s congestion pricing program would have reduced traffic, enhanced transit service, and benefited the most vulnerable New Yorkers. But Gov. Kathy Hochul absurdly decided to suspend the program the MTA had already invested half a billion dollars into.
The Chicago teachers’ strike was a victory for workers around the country. But how do we move from homegrown resistance to a national movement that could ignite a shift in public policy?
Canada isn’t the beacon of social democracy that many progressive Americans imagine. But when faced with the coronavirus crisis, the US’s inept political class and for-profit health system couldn't even match a country with a moderate welfare state and functional government.
Interest rate hikes have brought Canada’s cost-of-living crisis to a fever pitch. And while workers are feeling the squeeze, energy corporations are reaping superprofits.
Goldman Sachs economists are questioning the efficacy of capitalism — but for all the wrong reasons.
Luxury condo development can't solve the affordable housing crisis — only public housing can.
Private equity is taking over animal clinics to raise prices and close down practices where workers demand better wages.
Class, race, and gender intersect on multiple levels — we know that. The challenge is to translate this into an emancipatory project.
Many low-income people invested in the now-disgraced crypto exchange FTX. That’s because the exchange allegedly targeted poor and underbanked people and convinced them that FTX was just as safe as a regular bank.
America’s schools are more segregated than ever. We can integrate them — but only by forcing the state to expand universal public institutions and redistribute wealth.
Claiming to stick up for the little guy, the Canadian Federation of Independent Business has consistently fought to further its anti-worker, anti–public sector agenda. The COVID-19 pandemic has made their crusade even more obscene.
Donald Trump’s No Tax on Tips policy is a major part of his appeal to working-class Americans. But tipping is itself a strange and flawed system invented to preserve inequality. Critics worry Trump’s policy will only intensify tipping culture.