America’s current credit rating masks a fatal contradiction, and a downgrade is the only honest assessment of an empire in decline. The expanding war in Iran and the subsequent crisis in the Strait of Hormuz have fractured global energy supply chain
Reader Comments: El Show de Super Bowl - Most Viewed Ever - MAGA Loses Super Bowl; Supreme Court Rejects Appeal — Melania’s Next Move Was AI - Portside Error; What We Can Learn From Picasso’s Guernica; The “SAVE Our Dictatorship” Act; Announcements
The Federal Reserve has quietly delivered nearly half a trillion dollars to Wall Street with few strings attached over the past few months. These cash infusions could signal instability in the broader financial sector.
Reader Comments: Trump Declares 'A Chicken in Every Pot'; US Murder Spree in Caribbean; Trump Chief of Staff Tells All; Youth Movement for Digital Justice is Spreading Across Europe; Verso End of Year Sale; Cartoons; and more...
Capitalism is a global economic system, so a proper chronicle of its rise to dominance has to examine the entire world, as historian Sven Beckert does in his massive new book, Capitalism: A Global History.
Preparing for a new phase of resistance
The Trump White House has helped install the ticking time bomb that is cryptocurrency directly into our economy. When it blows up, the damage will be catastrophic.
The Trump administration is doing everything it can to ensure that fossil fuels remain dominant in the energy mix of the twenty-first century. If it succeeds, the short-term returns to the US will be huge; but the long-term damage to the planet will
One economist mused that the president's economic advisers could make "a picture book" so they can "explain to Trump how the data are collected."
Deportations will eliminate millions of jobs held by immigrant and U.S.-born workers according to research on increased immigration enforcement.
Spread the word