Capitalism
Capitalists keep trying to co-opt International Women’s Day, a century-old product of the working-class revolutionary movement. But the day belongs to the socialist antiwar tradition. This year’s proud supporters of International Women’s Day (IWD) include such ghoulish merchants of slaughter as Lockheed Martin and Northrop Grumman. But while those profiteers of death help fuel war in
Capitalism
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
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
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