After surviving the worst of the pandemic, the city now faces budget cuts that seem to promise even more disruption. The average rent of a Manhattan apartment is now reaching $5,249 a month, an increase of nearly 20 percent over the previous year.
Matthaios Tsimitakis and Mihalis Panayiotakis
Jacobin
Last week, two trains collided in central Greece, claiming 57 lives. Unions had long warned that cuts to the now-privatized rail network would cause a severe accident, but neither the government nor the country’s corporate media heeded the calls.
The new series Fire Country revolves around an incarcerated California firefighter. Based on a real program, the drama is made possible by California’s budget priorities: few resources for climate protection or fire services and abundant investment in prisons.
Ghana initiated talks with the International Monetary Fund to seek a bailout amid a major economic crisis. The Socialist Movement of Ghana and trade unions reject this, arguing it will do nothing to alleviate the economy's structural problems.
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.
Financial vultures are pushing a new round of bankruptcy and austerity in Puerto Rico. Puerto Ricans themselves, meanwhile, continue to fight for pensions, basic services, and a democratic say in their lives that has been denied them so long.
The Scranton Federation of Teachers, representing more than 800 teachers and paraprofessionals, announced today that it will set up picket lines and go on strike at 12:01 a.m., Nov. 3. The union has been working under a contract that expired in 2017
Lawrence Mishel and Josh Bivens
Economic Policy Institute
A “rigging of the system” that empowered employers over workers was due to policy changes and changes in business practices that systematically undercut workers’ ability to get higher pay, job security, and better-quality jobs.
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