Portside

With our banking system in private hands, the simple truth is that as the debt levels accelerate, so does runaway inequality. Therefore key to controlling runaway inequality is to dramatically curtail the power of high finance.

While protestors in Mexico have amplified their demands, multiple protests have been organized abroad in more than fifty countries. One of the largest and most notable is in United States, known by the hashtag #USTired2. The protests were organized in November to coordinate nationwide protests on Dec. 3 in support of the Ayotzinapa families. The #USTired2 protests are geared toward pressuring the U.S. government to end Plan Mexico, the bilateral security aid package...

On Friday, on the eve of the annual meeting of The American Economic Association in Boston, attended by many of the top economists in the United States, the agents of the heterodoxy had come to declare war on the profession. The small group threw their messages onto the side of the Sheraton Boston in glowing, six-foot tall letters: “BEFORE ECONOMICS CAN PROGRESS, IT MUST ABANDON ITS SUICIDAL FORMALISM.”

Cologne Cathedral provost Norbert Feldhoff told N-TV that the move was meant to send the message to Pegida's anti-Muslim protesters that "You’re taking part in an action that, from its roots and also from speeches, one can see is Nazi-ist, racist and extremist. And you’re supporting people you really don’t want to support."

Naomi Klein disses dystopia; Mexican-American Naomi Klein disses dystopia; Mexican-American studies showdown; The cost of free speech; Philanthropreneurship; Cosby, himself; She's Beautiful

Progressive Senators who have already criticized the administration on other economic issues — Sherrod Brown, Elizabeth Warren, Bernie Sanders, Tom Harkin — wrote a letter last spring to Obama, applauding his decision to revisit overtime pay. But in their letter, the liberal Senators also set forth their desired threshold: Around $54,000 per year, rather than $42,000, the amount the Obama administration is supposedly eying.

Below is the governmental program of the Coalition of the Radical Left (SYRIZA) announced by Alexis Tsipras at the Thessaloniki International Fair, September 15, 2014. According to the latest opinion poll, SYRIZA is at 36.5%, with a seven percentage point lead over the conservative New Democracy. The current contest for the presidency of Greece looks likely to lead to a new parliamentary election.

Essential reading for ecosocialists. Paul Burkett shows that humanity's relationship to nature is central to Marx's critique of capitalism and vision of socialism.

Among Grand Juror Doe’s concerns are that Wilson’s case was treated dramatically different than hundreds of other cases he heard during his grand jury service

Several thousand people rallied against austerity policies in front of the Verkhovna Rada (Parliament) in Kyiv on Dec. 23. Deputies inside were debating a proposed state budget that will radically slash social and economic spending in Ukraine.