A deep dive into why our workplaces are authoritarian private governments—and why we can't see it.
The problem is not a structural lack of liquidity but the use banks make of the liquidity available to them [...] they use the liquidity placed at their disposal to buy up massive amounts of debt which sooner or later will lead to a major new crisis
Reader Comments: Impeachment; AOC, Bernie; Young Voters Choosing Democratic Socialism; Nuclear Weapons; Kurds; Zuckerberg defense; Girls' Soccer Team Penalized; American Lynchings map; Future of Warehouse Jobs; World Social Forum; announcements ...
As a capitalist, I believe it’s time to say out loud what we all know to be true: Capitalism, as we know it, is dead.
Rating Capitalism and Socialism * Goodbye, Columbus * Christian Nationalists * Ivory Tower Economists * Power and Hip Hop * The Antiwar Right * New Anticommunism * From Fight Club to Joker
We talk with historian Eugene McCarraher about the myths and rituals of the market, the lost radicalism of the late 19th and early 20th centuries, and the rise of neoliberalism.
"The underlying problem is in the model of production and consumerism, in the ownership of natural resources and in the unequal distribution of wealth." Today, 26 people in the world have the same wealth as 3.8 billion people.
How Investor-owned Physician Practices Are Driving up Healthcare Costs
Acclaimed Marxist sociologist Immanuel Wallerstein, author of numerous works on capitalism as a world-system, including a sterling four volume study completed in 2011, died on August 31 at the age of 88. A fulsome remembrance appears below.
HBO's Succession peeled back the layers of the all-powerful Roy family, a Murdoch-like media empire built by despicable, ruthless people, and what it showed us was more putrid and awful than we ever could have imagined.
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