Capitalism
This gonzo economic theory continues to live on, notwithstanding its repeated failures Within weeks of taking office, Britain’s new prime minister, Liz Truss, and her chancellor of the exchequer, Kwasi Kwarteng, proposed a radical new set of economic measures that echoed the trickle-down policies of Margaret Thatcher and Ronald Reagan – heavy on tax cuts for
Capitalism
The Left’s agenda has to include three basic commitments: democratize production, decommodify life’s essentials, and defend the public goods we all hold in common. To do that, we have to transform the very idea of ownership. Throughout the pandemic and the period of economic pain it brought, the news cycle has been gripped by a
Capitalism
The SEC’s proposed new rules, which would require public corporations to disclose climate-related information, have been criticized by industry groups Republican officials and corporate lobby groups are teeing up a multi-pronged legal assault on the Biden administration’s effort to help investors hold public corporations accountable for their carbon emissions and other climate change risks. The
Capitalism
Tech companies fighting for data privacy in the US want to resurrect a forgotten old bill A group of privacy-focused organizations have signed a letter imploring US Congress leaders to schedule a vote on a bill that would hamper data collection by tech giants and promote user access to online privacy tools. In its letter(opens in new
Capitalism
The US military has a long history of recruiting poor people by offering benefits like free college. With Joe Biden’s partial student debt forgiveness, GOP war hawks are fretting that the military won’t be able to prey on desperate young Americans anymore. Amid a brutal year for military recruiting, conservative war hawks are openly fretting
Capitalism
The price of essentials like rent and medical drugs will never come down to pre-pandemic inflation levels if corporate greed goes unchallenged. These days, it seems like everyone has a few important questions on their mind: Is the economy still in the gutter? Or are things getting better? Does inflation mean prices will stay high