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Capitalism

Socialists Fight for a Future Without War

War is nothing but organized killing, and there can be no justification for it. Today we must do what we can to support Ukrainian refugees and to show our solidarity with the brave protesters across Russia who insist that war is not carried out in their name. There is no force more destructive in human

Capitalism

The Fed is about to raise interest rates and…

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

Oil Is Killing the Planet — And Driving Inflation

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

Manchin and Sinema Defend the Filibuster Because the Filibuster…

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