An American Democracy Movement is fighting brutal capitalism and the culture of blame.
U.N. study finds growing numbers of Americans are living in the most impoverished circumstances. The growth of extreme poverty in the land of plenty is an indicator that we shouldn't be talking about how to slash spending on social programs, but how to expand services and better meet the needs of the vulnerable among us. One and a half million American households live in extreme poverty today, nearly twice as many as 20 years ago.
Given that wage theft disproportionately affects workers from low-income households—who are already struggling to make ends meet—the loss of wages can be devastating. And these recovery numbers likely dramatically underrepresent the pervasiveness of wage theft—it has been estimated that low-wage workers lose more than $50 billion annually to wage theft.
Class conflict isn’t something we choose to engage in. It’s just how capitalism works.
Greece's former finance minister under the radical Syriza government offers a revealing tell-all about modern capitalism through his battles over Greece’s debt with the “Troika”: the International Monetary Fund, the European Commission and the European Central Bank (ECB), and eventually with his own prime minister.
As CVS Health makes a move for the insurer, Aetna’s CEO has a broader warning for corporate America
A new investigation by Esquire magazine reveals how the secretive Sackler family, owners of the company that invented OxyContin, downplayed the risks of addiction and exploited doctors’ confusion over the drug’s strength.
As growth slows in wealthy countries, Western food companies are aggressively expanding in developing nations, contributing to obesity and health problems.
Suddenly, Marx is cool again, mainly because he was, and remains today, one of capitalism’s most astute critics. Happy Birthday Karl, and thanks.
What would a truly just, equal and ecologically sustainable future look like? Why would it require a change in our economic system, namely the end of capitalism? Fred Magdoff and Chris Williams answer these questions in Creating an Ecological Society: Toward a Revolutionary Transformation, showing the immense levels of waste created by capitalism today, including by the prison-industrial complex, food system and housing in the United States and wasteful US military.
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