Skip to main content

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.

Colombia’s First Ever Left Wing President

Benjamin Norton
Gustavo Petro won Colombia’s June 19 election, becoming its first ever left-wing president. We analyze what this means for Latin America, the US, Venezuela, the military, paramilitary groups, the powerful oligarchy, and social movements.

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.