Portside

New York’s new mayor challenged his supporters and opponents to make the city better, to hold him to account. "I ask you to stand with us now, and every day that follows. City Hall will not be able to deliver on our own-the work-has only just begun."

My grandfather (a 1917 Norwegian immigrant) frequently and proudly described himself as a socialist. When I asked him what he meant, he always pointed me to FDR, the New Deal, and his proposed Second Bill of Rights. And here we are again.

Reader Comments: Thankful for Farmworkers; Mamdani and Wilson - Democratic Socialists and FDR Democrats; Legal Orders; What We Forgot About Socialism; Raising Taxes on the Ultrarich; New Approach to Getting Rid of Citizens United; The Montana Plan;

The precariat rose up, with passion, desire for change, and votes. The issue was an excess compensation tax on corporations to fund social, economically integrated, affordable housing across Seattle which earlier had passed with a 26 percent margin.

Despite the frantic tone of mainstream media coverage (and the revolutionary overtones of the phrase “democratic socialist”) most of Mamdani’s agenda could be accomplished at minimal cost to the city. The only exception is free universal childcare.

In one, lawmakers are taxing the rich. In the other, they're rushing the rich a free pass at tax time.

Canada raised its capital gains tax inclusion rate, sparking outrage from the investing class, who warned of economic disaster. The data shows that their histrionics were groundless.

There are now 813 billionaires with $5.7 trillion in wealth, making the ten-figure club even more powerful economically and politically. We need a progressive taxation system to reverse inequality.