BlackRock CEO Fink said before the US presidential election in November 2024 that it “really doesn’t matter” who wins, because both parties would benefit Wall Street.
Culture industries are dominated by a few big corporations that prefer to keep flogging old stories instead of taking a risk on something new. Creative workers can still produce fresh ideas, but they’re snuffed out before they get a chance to breathe
Demanding Palestinian recognition at the convention
Leopold’s new book offers a closer and more detailed look at how wealth extraction occurs, how workers bear the brunt of it, and how this dynamic challenges our political organizing efforts by labor unions and other progressive change organizations.
If Capital One is allowed to acquire Discover, it’ll gain access to a government loophole allowing it to raise prices and reduce competition.
Creating a sane healthcare system will depend on building a massive common movement to free our economy from Wall Street’s wealth extraction.
Private equity has made one-fifth of the market effectively invisible to investors, the media, and regulators.
The US hospice system is supposed to provide compassionate end-of-life care. But private equity firms have swallowed up the industry: 7 out of 10 hospice agencies are now for-profit, putting profit maximization over patient well-being.
Due to the stock market downturn, public pensions invested in private equity are about to face a reckoning — but thanks to lax transparency regulations, pension members have no way of knowing how bad it might get.
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