Portside

Hyper-capitalism has systematically weakened regulations to help capital at the cost of consumers. The verdict on the Elizabeth Holmes case illustrates the truth: Protecting private property is central to bourgeois law, not people.

The GameStop saga was more than a simple tale of upstart traders taking on big business. But it highlighted again how disconnected Wall Street is from ordinary workers — and new polling finds that even more Americans now resent Wall Street.

Central banks are on a global corporate buying spree not to bail out bankrupt corporations but simply as an investment, to compensate for the loss of bond income due to record-low interest rates.