
Inflation Is Hurting Average People Right Now
The standard left analysis of inflation says it’s a concern of elites and not the masses. This couldn’t be more wrong: working people are the ones suffering under inflation.

The standard left analysis of inflation says it’s a concern of elites and not the masses. This couldn’t be more wrong: working people are the ones suffering under inflation.

The fascist writer Julius Evola is loved by monologuing YouTubers, Greece’s far-right Golden Dawn party, and Steve Bannon. The hallmark of his work is a rejection of modernity, and his popularity is owed to the persistence of antidemocratic ideas on the Right.

The philosophy of effective altruism is catnip to well-meaning and intellectually inclined donors. But as a strategy for tackling what’s wrong with the world, it misses the mark.

During the New Deal, right-wing businesspeople were furious that their authority was being challenged in the workplace and in society. So they started organizing. And that’s the origin story of the modern conservative movement.

Corporate news outlets like Semafor are running sponsored posts from Pfizer bragging about how the pharma manufacturer is altruistically working to expand access to its products overseas — the same month Pfizer raised prices on 99 of its drugs in the US.

Scottish historian Tom Nairn died at age 90 last month. He grasped how nationalism molds the class struggle — and how Britain’s monarchical order has suffocated the Left’s ideas of social transformation.

Right-wingers often hail Edmund Burke as a founding father of modern conservatism. His Reflections on the Revolution in France is based on fear of the mob — and a racialized worldview that blames Jews for upsetting the “natural” social order.

The wildest fantasy of hypercapitalist ideologues isn’t to expand democracy but to avoid its reach or even snuff it out.

Economic data doesn’t suggest that the US economy is in a recession, but Americans’ on-the-ground experiences tell a different story. Extreme income inequality can explain the discrepancy between the economic data and the real-world belt tightening.

“La Familia” is a group of fans that supports Beitar Jerusalem, one of Israel’s most popular football clubs. The quasi-criminal, virulently anti-Arab group has fashioned themselves into political street fighters for the Israeli far right.

The Right never seems to stop talking about “Marxism” and its wily tricks. But for all their denunciations, conservative pundits really just keep proving they don’t even know the basics of Karl Marx’s thought.

Cloaked in an impenetrable jargon, “decoloniality” dehistoricizes and culturalizes colonialism. It’s a political and intellectual dead end for socialists.

India’s phone scam industry targets the elderly to the tune of billions each year. Its secret weapon? The loss of communal public life and family support.

Texas start-up Intuitive Machines has achieved the first moon landing by a private firm. It’s dumping rich people’s detritus on the lunar surface — a grim sign of how the superrich plan to plant their flag beyond our own planet.

Speculation isn’t the cause of our great stagnation — it’s how the system tries to outrun it.

The evidence is overwhelming: workers are abandoning the Democrats and center-left parties around the world. Class dealignment is radically changing politics, and the Left needs a program to win the working class.

In 2019, a coalition of conservative forces responded to Nicolás Maduro’s authoritarian turn and Venezuela’s ongoing economic crisis by launching a coup. Despite backing from the US and Venezuelan capital, the conspirators failed. A new book explains why.

The Frankfurt School, a group of theorists who grappled with the defeat of Europe's revolutionary left, are often misunderstood. Critics charge them with obscurantism and elitism. They argued that, on the contrary, it was capitalism that obfuscated reality.

Teamsters president Sean O’Brien headlined the RNC’s opening night and praised two of the party’s leading snake-oil salesmen: vice presidential candidate J. D. Vance and Missouri senator Josh Hawley. The party of billionaires couldn’t be happier.

As the Democratic Party clings to a message of compromise and conflict aversion, the GOP has adopted a fighting posture that seems to be resonating with working-class Americans.