Capitalism

Why does capital love fossil fuels?

Why does capital love fossil fuels? It’s not hard to explain. They exist in a small number of discrete locations, where the right to exploit them can be owned and monopolised. Most can be extracted commercially only at scale, excluding small competitors. They can be stored and traded all over the world, allowing prices to

Capitalism

Donald Trump and the Return of Capitalist Nihilism

The Trump administration is frequently operating outside the logic of capitalist self-interest, powered by an appetite for cruelty and destruction for the sake of cruelty and destruction and an all-consuming resentment. Insurgents and revolutionaries across the political spectrum have sought, in different ways and for different reasons, to smash the state. Until recently, however, few

Corpocracy

Leon Has Got to Go

As the richest man in the world assaults the US government without our consent, we must recognize the situation as class war from above — and fight back. His visible and concerted project of destroying that government while flouting basic legal and democratic controls on his power is a brazen insult to the country. Fighting

Capitalism

On Greenland

As brutal acts of occupation and annexation in the contemporary world show us, from Gaza to Ukraine, the denial of the right to self-determination is a common practice by imperial states. Such denial regularly goes hand in hand with the racialization and dehumanization of the Indigenous population.

Corporate Greed

Technofeudalism

The revolution has already occurred—and while capitalism lost, communal ownership certainly did not win. Capitalism died when the physical means of production—machines, factories, and services—were superseded by virtual platforms that, in feudal style, seek “rent” rather than surplus profit derived from labor. Technofeudalism, a system dominated by enormous companies existing largely online that transform users

Corporate Greed

On Fascism

Fascism is a far-right, authoritarian, ultranationalist political ideology and movement,[1][2][3] characterized by a dictatorial leader, centralized autocracy, militarism, forcible suppression of opposition, belief in a natural social hierarchy, subordination of individual interests for the perceived good of the nation and race, and strong regimentation of society and the economy.[2][3] Fascism should more properly be called corporatism because it is the merger of state and corporate power. Whether we believe that