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Skyrocketing Rent Is Driving Inflation

Alexander Sammon The American Prospect
But one of the biggest drivers of inflation, at least according to the most recent Consumer Price Index report, has not elicited even a peep from the political class: the soaring cost of housing.

The Rotten Roots of the IMF and the World Bank

Daniel Steinmetz-Jenkins, Jamie Martin The Nation
A conversation with Jamie Martin about the imperial origins of the world’s economic governance, imagining an alternative to these institutions, and his new book, The Meddlers.

To Fight Inflation, the Fed Is Declaring a War on Workers

Julia Rock Jacobin
Federal Reserve chairman Jerome Powell plans to address sky-high inflation by hiking interest rates — acknowledging that doing so will suppress wages and worker power. It's a response that will force workers to bear the brunt of the inflation crisis.

An American History of the Socialist Idea

Harold Meyerson Dissent Magazine
If there’s a lesson to be derived from Gary Dorrien’s account of American socialism, it’s that the movement’s open participation in and with the broad democratic left benefits the socialist cause.

Reparations Get Real

Ramenda Cyrus The American Prospect
In California, the preliminary report of a governmental task force suggests how the toll of slavery and white supremacy can be assessed—and compensated for.