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As workers struggled throughout the pandemic, Wall Street bonuses hit a nearly 15-year high. → Read More
Jordan Peterson’s recent musings on what he calls “postmodern neomarxism” — enriched by hours of careful research on Wikipedia — are a reminder that when it comes to intellectuals, the reactionary right isn’t sending its best. → Read More
Last week’s paint-by-numbers attack on members of the Squad, vaguely sourced to “top Democrats,” is another sign that party leaders are resigned to defeat and looking to blame the Left — and that “nonideological” Beltway journalists are eager to help. → Read More
Libertarian think tanks are already gearing up to make the dystopian case for extending private property rights to the Moon. It’s a blueprint for expanding the power of the world’s plutocrats on a scale never seen before. → Read More
Joe Biden secured an early PR coup by pledging to end US support for the war in Yemen. But today, Yemen’s brutal humanitarian crisis is ongoing — and the promised shift in American support has mostly been illusory. → Read More
NFTs are emblematic of capitalism’s growing retreat from productive activity — and the wealthy’s desire to extend their dominion into the digital ether. They’re worse than useless. → Read More
By the time they clocked out for lunch on January 4, Canada’s most lavishly paid CEOs had already made the average worker’s annual salary. It’s yet another reminder of the unequal burdens borne during the pandemic. → Read More
Farmworkers are among the most exploited workers in the country, and a bill in solid-blue Maine would have finally given them basic labor rights. But the state's Democratic governor just vetoed the bill. → Read More
The Biden administration has reneged on key promises that candidate Biden used to entice younger voters to turn out for him in 2020. Surprise: his approval ratings with the young are now in free fall. → Read More
Thanks to COVID-related developments like expanded unemployment insurance, US workers have seen wages increase. But corporate profits have grown even more — meaning labor’s share of the economic pie is still small compared to its 20th-century peak. → Read More
With the spread of the new Omicron variant and low levels of vaccination throughout much of the world, there’s still no real end to COVID in sight. It’s bad news for global public health — but great news for big pharmaceutical companies. → Read More
Capitalism imposes massive suffering on the poor and working class. But even the detestable superrich are being made miserable by the sadistic things market competition implores them to do to the rest of us. → Read More
Billionaires now hold so much of the world’s wealth, their apologists argue, there’s no choice but to rely on them for philanthropy. But we can’t take our eyes off the ball: We need to tax the ultrarich out of existence. → Read More
Barack Obama’s trademark schtick — soaring rhetoric about transformational change while cynically catering to the status quo — was on display at COP26 in his address to young people. But young people already learned the hard way that Obama’s act is hollow. → Read More
Is it really true that if the Democrats had big majorities in both houses of Congress, we’d see the sort of sweeping change that party stalwarts promise in their election campaigns? Here’s a good test: look at the blue states, where Democrats govern virtually alone. It’s not a pretty picture. → Read More
Rich people have a carbon footprint 25 times the size of even the typical American. To tackle climate change, we need to start with fossil capital and the most affluent. → Read More
What accounts for the Democrats’ deepening electoral malaise? You can take your pick of reasons — but the one we can be sure is wrong is the absurd claim that Joe Biden has spent his first year in office pandering to the Left. → Read More
What accounts for the Democrats’ deepening electoral malaise? You can take your pick of reasons — but the one we can be sure is wrong is the absurd claim that Joe Biden has spent his first year in office pandering to the Left. → Read More
Last week, six left-wing House Democrats refused to bow to party leaders to support the bipartisan infrastructure bill. More of their colleagues should have taken the same stand. → Read More
Grasping for any available talking points to stave off progressive anger, Democrats are trying to depict Joe Biden’s Build Back Better bill as some sort of New Deal 2.0. The comparison is absurd. → Read More