Capitalism
Policymakers fear a labor shortage is pushing up wages and prices. Wrong. Real wages are down and workers are struggling The January jobs report from the US labor department is heightening fears that a so-called “tight” labor market is fueling inflation, and therefore the Fed must put on the brakes by raising interest rates. This
Capitalism
Today’s inflation isn’t just caused by a post-pandemic rebound in fuel prices, but a long-term exhaustion of oil production. We need to end our dependency on fossil fuels without it becoming the pretext for another wave of austerity. The price of crude oil has soared to over $90 per barrel from the early-pandemic depths of
Capitalism
The filibuster is not about democratic checks or minority rights. The filibuster is about giving corporations veto power over the economy — which is why Joe Manchin and Kyrsten Sinema defend it. As Senators Kyrsten Sinema (D-AZ) and Joe Manchin (D-WV) defend the filibuster and block voting rights legislation, corporate media keeps repeating the lie
Corporate Greed
Bernie Sanders Corporate greed and class warfare are crushing working people. No one is going to save us – we need to rise up together. the challenges we face are enormous and it is easy to understand why many may fall into depression and cynicism. This is a state of mind, however, that we must
Capitalism
The scariest thing about Don’t Look Up is that as absurd as it is, it barely exaggerates. Much of our political elite are just as greedy and foolish, our media just as vapid, and our response to impending disaster exactly as mind-bogglingly irrational as in the movie. The times we live in are both shot through with
Corporate Greed
As the Omicron variant surges, an institute funded by the Koch network may be undermining government attempts to stop the pandemic. Earlier this month, as the Omicron variant began to spread, a small liberal arts school on a tree-lined campus in Michigan called Hillsdale College announced it was launching an Academy for Science and Freedom to “educate