Breaking Up With Capitalism
By Marjorie Kelly “It is easier to imagine the end of the world than to imagine the end of capitalism,” wrote Mark Fisher in his 2009 book Capitalist Realism [quoting Fredric Jameson]. This sense pervades…
June 2024
United for a Fair Economy
Supporting Durham City Workers’ Campaign for Fair Pay By Jen Douglas Durham city workers organizing with UE150—a member group of the UFE-coordinated Raising Wages NC coalition —are out in the streets and testifying at City…
May Day 2028 Could Transform the Labor Movement
—and the World By Shawn Fain Members of the United Auto Workers courageously fought corporate greed at Ford, General Motors and Stellantis last fall during the historic six-week Stand-Up Strike. Because of their determination and…
What If Labor Owned Its Workplaces?
An Interview with Alex Hemingway By David Moscrop Jacobin’s David Moscrop recently talked with Canadian Centre for Policy Alternatives senior economist and public finance policy analyst Alex Hemingway about his new cowritten report, Expanding Democratic…
Is It time to Reassess the Concept of Money?
By Stuart Kells In the classic 1946 film It’s a Wonderful Life, depositors demand their money from a small-town building society. Its manager, George Bailey (in an unforgettable performance by James Stewart), explains that the…
Corporate Tax Policy Needs to Change
By Sam Pizzigati How rich have America’s super rich become? The annual compensation of Steve Schwarzman, the chief exec of the private-equity colossus Blackstone Inc., offers up one telling yardstick. In 2023, we learned earlier…
Wall Street Is Laundering Enviro Crime Profits
By Zack Budryk Environmental organized crime is a massive global enterprise, bringing in hundreds of billions of dollars each year—and the U.S. financial system appears to be helping conceal its profits. Interpol estimates that environmental crime…
Fossil Fuel Financing Reaches $6.9 Trillion
By Rainforest Action Network The recently released 15th annual Banking on Climate Chaos report employs a new, expanded data set that credits each bank making financial contributions to a deal instead of only crediting banks…
The Tax Sharks Are Back
And They’re Coming for Your Home Commentary by Cory Doctorow One of my weirder and more rewarding hobbies is collecting definitions of “conservativism,” and one of the jewels of that collection comes from Corey Robin’s…
Why We’re Paying More for Less
Corporate price-fixing is driving inflation Matt Stoller In 2022, the Biden administration and the oil industry were in a brutal fight over oil prices. The president was demanding that domestic oil producers invest and drill…