Capitalism
A treacherous alliance is growing that will undermine democratic institutions in the US and elsewhere. The United States presents itself as the beacon of democracy in contrast to the autocracies of China and Russia. Yet American democracy is in danger of succumbing to the same sort of oligarchic economics and racist nationalism that thrive in
Democracy
Today, it is common for the libertarian and Christian right to claim they are fighting for freedom. But their notion of freedom has always stood at odds with the democratic cause of freedom to redistribute political power and wealth. Freedom is life,” declared a banner at a recent rally against public health measures taken to
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
Media
Living in the US, I have always seized every opportunity to insist things are better in Blighty. But now both countries look ludicrous. Arwa Mahdawi Then Brexit happened. Suddenly the US media (and the rest of the world) started looking at the UK with more sceptical eyes. Britain’s global reputation started to plummet, as did the