Economy

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…


Capitalism Is Bad For Your Mental Health

By Belén Fernández When I was in high school in Texas in the late 1990s, running myself ragged with academic and extracurricular activities, I began suffering from acute panic attacks. The first round lasted for…


Venezuela’s Government Delivers 4.9 Million Homes

By Andreína Chávez Alava The Venezuelan government marked the 13th anniversary of Venezuela’s Great Housing Mis­sion (GMVV) by celebrating the 4.9 millionth home delivered to working-class families. On April 30, President Nicolás Maduro unveiled the…


Sumaq Kawsay

Alternative development rooted in the wellbeing of humans and nature By Sammi Bennett & Krystyna Swiderska Across the world, people are questioning dominant narratives of social progress based on capital accumulation and natural resource extraction….



Bail Reform: What’s at Stake

On any given day in 2020, roughly 630,000 people were locked up in local jails. The majority of them had not been convicted of a crime. After an arrest—wrongful or not—a person’s ability to leave…