Capitalism
The South of slavery and Jim Crow is often cast as the major historical reason for the US’s stunted welfare state. But the most fanatical resistance to taxation and redistribution came from the Northern ruling class. To understand our current politics of austerity, we are better served to explore not the defeated ideology of slaveholders
Art
From brands commissioning immersive installations at prestigious art fairs to hedge funds transforming artworks into stock-like financial instruments, the line between art and capital is blurrier than ever. Capitalism, of course, has always been in the process of absorbing art. For the most part, art has historically functioned as a site of patronage, an asset
Capitalism
Corporate giants are raising prices even as they rake in record profits. How can this be? Because of their unchecked power. There’s a deeper structural reason for inflation, one that appears to be growing worse: the economic concentration of the American economy in the hands of a relative few corporate giants with the power to
Capitalism
(CNN) Roughly three-quarters of adults believe Facebook is making American society worse, a new CNN poll conducted by SSRS finds, with about half saying they know somebody who was persuaded to believe in a conspiracy theory because of the site’s content.Americans say, 76% to 11%, that Facebook makes society worse, not better, according to the survey. Another 13% say
Capitalism
Why do conservative Democrats like Kyrsten Sinema and Joe Manchin oppose wildly popular progressive policy measures? Because it’s a very lucrative racket. Much ink has been spilled trying to understand what’s motivating senators Kyrsten Sinema (D-AZ) and Joe Manchin (D-WV) to try to gut so many of the popular progressive policies in Democrats’ health care,
Capitalism
America’s real democracy crisis is this: corporations use a system of legalized bribery to buy public policy, which prevents popular progressive policies from passing and erodes Americans’ faith in their government. In 2014, Northwestern and Princeton researchers published a report statistically documenting how lawmakers do not listen or care about what most voters want, and