After 2008, Lebanon’s oligarchic elites engineered a financialized boom that fueled inequality and lined the pockets of bankers. Now its economy has imploded, leaving the country’s working class to foot the bill.
Faced with the mounting economic crisis, European leaders have promised aid to the hardest-hit member states. But there’s always strings attached. For France Insoumise MEP Manuel Bompard, the proposals for loans and grants ignore the real scale of the crisis — because they all put debt repayment above the needs of average Europeans.
My vision of democratic socialism wouldn’t be Utopia. But here’s the case it would be better than the status quo during both normal times and these times of crisis.
It’s hard to overstate the wickedness of Big Pharma’s lobbying efforts to ensure patent protection for COVID-19 drugs and potential vaccines. But the real architect of these crimes is not CEOs or shareholders, but the market.
Know Your Enemy is a podcast about conservatism that takes analyzing its ideas and actions seriously. As we approach the end of Trump's presidential term, we talked to its hosts about the state of the Republican Party and the Right after nearly four years of President Trump.
In 2018, hospitals, nursing homes, and their lobbyists gave $2.3 million to New York governor Andrew Cuomo’s political apparatus. Now health care executives are getting immunity for their deadly negligence during the coronavirus pandemic. Critics say New York’s liability shield is linked to higher nursing-home death rates during the pandemic.
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.
Coronavirus isn’t only exposing Donald Trump’s incompetence. The crisis is laying bare the consequences of the neoliberal economic agenda corporate Democrats have been pushing for decades.
If everything is political, then nothing is political.
A new book uncovers the reality of America's victory in the Cold War — detailing how massacres of leftists in twenty-two countries helped to overcome resistance to capitalism across the world, writes Grace Blakeley.
The famed historian Walter Rodney was also an important political leader in his native country. In this republished essay, Rodney sets out a biting critique of the Forbes Burnham dictatorship that went on to murder him in 1980, forty years ago today.
While public-health guidance tells citizens to work from home, for millions of low-wage workers, this has never been a realistic option. As Europe’s governments ease the lockdown, it’s working-class people who are on the firing line of a second wave of infections.
Rising from the ruins of World War I, in the 1920s Vienna’s socialist administration was famous for its innovative housing and public health programs. But at the heart of “Red Vienna” were its services for children, guaranteeing that even the poorest young people could share in the joys of childhood — and the foundations of a fulfilling life.
This summer, military recruiters continue focusing their efforts on twenty-three American cities with large numbers of black and Latino young people. As coronavirus drives thousands into unemployment, the Pentagon is developing bizarre neighborhood profiles and trolling social media to boost their enlistment numbers.
Venezuela is in crisis, and Trump’s saber-rattling is making things worse. Our response should be guided by three principles: non-interventionism, self-determination, and solidarity with the oppressed.
Semiconductor workers at multinational South Korean corporation Samsung won significant contract gains after a credible strike threat this spring. Their struggle is a crucial one for the global labor movement as AI reshapes the world economy.
There was no crisis of profitability heading into the financial crisis and there is even more obviously no profitability crisis now.