AOC’s tax proposal finds inspiration not in Karl Marx, but in mainstream American political philosophy. How we tax the rich depends on why we tax the rich, and AOC’s proposal reflects a surprisingly moderate view of economic justice.
Unlike income inequality, wealth inequality along racial lines in the US has received relatively little attention. New evidence on the changing landscape of relative wealth among whites, blacks, and Hispanics between 1983 and 2016.
Reader Comments, Kavanaugh Lied, Anonymous Op-Ed; How Would a Socialist America Look?; Chile 1973 Coup; Maria Hit Puerto Rico One Year Ago, Trump Says Response was Fabulous; Announcements - New York, Chicago, Medical Trip to Cuba; and more....
With a single scholarly article, Lina Khan, 29, has reframed decades of monopoly law.
"Adam Tooze’s greatest achievement," writes reviewer Chakrabortty, "is to chronicle what actually happened before, during and in the long aftermath of the biggest financial crash of our lifetimes. It sounds simple but it is radical."
David Harvey's book both distills Marx's Capital and makes the text relevant in understanding today's contagion of neoliberal globalization.
Reader Comments: Young Voters, New Voters; Barack Obama Nelson Mandela Speech; Uranium Danger, Tar Sands Explosion in West Virginia; Julian Assange; Immigrant Hunger Strikes; Kavanaugh; Israel's Jewish 'Nation State' Law; Cuban Revolution; and more..
What happens when individuals each seek to exploit a shared resource without rules that protect the common good? Another story of markets being irrational.
Two Marxists associated with the left journal Monthly Review correspond in the years leading up to the publication of their magisterial Monopoly Capital. The reviewer calls the collection "fascinating for its details and quiet wisdom," grappling with a reconfigured empire that persists today.
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