Olivier De Schutter, the United Nations special rapporteur on extreme poverty and human rights, recently issued a scathing statement about the shameful state of the United States economy.
How the National Infrastructure Program Creates Jobs for Today and Tomorrow: By David McCall
Ryan Andreas helped his union push through legislation for a national infrastructure program in 2021, realizing that historic upgrades to America’s utilities, ports, and bridges portended brighter futures for him and his co-workers at Travis Pattern and Foundry.It turned out exactly as Andreas anticipated.
Why Capitalism Cannot Finally Repress Socialism, by Richard D. Wolff
Socialism is capitalism’s critical shadow. When lights shift, a shadow may seem to disappear, but sooner or later, with further shifts of light, it comes back. Capitalism’s ideologues have long fantasized that capitalism would finally outwit, outperform, and thereby overcome socialism: make the shadow vanish permanently. Like children, they bemoan their failure when, in the […]
G7 Versus BRICS: Power Struggles Are Not Class Struggles, By Richard D. Wolff
Class struggles interact with but are different from power struggles. The ancient conflicts between city-states Athens and Sparta were power struggles, while within each, slaves and enslavers engaged in class struggles. Britain and France were absolute monarchies in late European feudalism fully engaged in power struggles. At the same time, class struggles between lords and […]
Stephanie Ruhle discusses bad messaging by Democrats on the economy.
Democrats continuously tell Americans that the economy is firing on all cylinders. While this is the case for many, Stephanie Ruhle states that we must address those left behind.
How People Are Fighting the World’s Reliance on the War Economy: By April M. Short
War is not innate to humanity; it is learned culturally, and intentional systems of peace can prevent it from happening, according to anthropological research. We are living at a critical time in the history of humanity in which preventing and divesting from war are essential to our future existence
U.S. Leaders Are Split on China Policy
By Richard D. Wolff On the one hand, U.S. policy aims to constrain China’s economic, political, and military development because it has now become the United States’ chief economic competitor and thus enemy. On the other hand, U.S. policy seeks to secure the many benefits to the United States of its companies’ trade with and […]
Learning From History, if We Dare
By Gary M. Feinman The New Gilded Age, wars along the Russian border, a global pandemic, battles for women’s rights, even the Titanic: history does rhyme with the present. Yet as former New York Times columnist Bob Herbert once observed: “If history tells us anything, it’s that we never learn from history.” That’s something we can […]
It’s Hard for Americans to Engage in China-Bashing Without Tripping on Contradictions
By Richard D. Wolff The contradictions of China-bashing in the United States begin with how often it is flat-out untrue. The Wall Street Journal reports that the “Chinese spy” balloon that President Joe Biden shot down with immense patriotic fanfare in February 2023 did not in fact transmit pictures or anything else to China. White House economists […]
The World Economy Is Changing—the People Know, but Their Leaders Don’t
By Richard D. Wolff The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies grew faster than the G7 economies. Now a third of total world output comes from the BRICS countries while […]
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