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…
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…
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…
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…
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…
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…
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…
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…
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….
By Lynn Parramore Consider a tale of two babies born in the same American city, Jake and Justin. Jake, born into an economically secure white family, is primed for success. His grandparents set up a…