Economy

Permanent Housing with Few Rules

Colorado’s approach to solving chronic homelessness By Jennifer Brown As Solid Ground Apartments opens in Lake­wood Colorado, it comes with proof of concept—giving people who are homeless a place to live, no strings attached, not…


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…


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…


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…