Socialists Need To Fight For Economic Change — Not Just Another Version Of Capitalism

“Socialism” has become the new political buzzword. Sen. Bernie Sanders (I-Vt.) surprised many during his 2016 presidential run by winning the votes of millions as an explicitly “socialist” candidate. In 2018 we’re seeing a rash of candidates running on socialist ... Read more

Campaign For Los Angeles’s Public Bank Gets Into Full Swing

November’s Public Banking ballot initiative will allow the citizens of Los Angeles to vote on the first step to creating a city-owned bank. Public Bank LA, along with an overflowing room of community groups and advocates, launched their action campaign July 28 for creating public ... Read more

Writing The Next Chapter In NYC’s Cooperative History

My name is Mike Sandmel. I’m here from NYC where I was born, have lived most of my life, and where I organize for economic democracy and cooperative development with a group called New Economy Project. We’re a citywide economic justice organization founded in 1995. We’re fighting, in close ... Read more

Why The U.S. Needs More Worker-Owned Companies

The gap in wealth in the United States between the ultrawealthy and everyone else has reached its widest point in decades. One way to narrow the divide is through the use of worker buyouts, in which ownership of a company transfers from a single person or a small number of people to the workers of ... Read more

If Ireland Can Get Out Of Fossil Fuels, Your Town Can Too

On Thursday, July 12th, a small, rainy island in the North Atlantic proved it was on the right side of history. The Republic of Ireland passed a bill to divest its $370 million worth of investments in around 150 fossil fuel companies within five years. Should the bill pass the Irish ... Read more

Russia Backs Non-Dollar Trade With Turkey, No Promise Of Help Amid Lira Crisis

“The use of national currencies for mutual trade has for several years been one of the tasks that the presidents of Russia and Turkey had set,” Lavrov told a joint news conference with Cavusoglu in Ankara. “Identical processes have been happening in our relations with ... Read more

You’ve Heard Of The Gender Pay Gap, But There’s More

The gender wage gap continues to harm women, their families, and the economy, despite women being in the workforce for decades. But not all women are marginalized by this disparity in the same way. In 1996, the National Committee on Pay Equity decided to bring awareness to the wage gap by ... Read more

Neoliberalism Drives Climate Breakdown, Not Human Nature

Attempts by the New York Times to blame humanity as a whole for climate change let the real culprits off the hook. Many zoos have an exhibit like this: a wall with a hatch, and under the hatch words like “Do you want to see the most dangerous animal in the world?”. Of course everyone does, ... Read more

Imagining A World With Bo Bullshit Jobs

In this interview about his latest book, David Graeber discusses the role of unions, the challenges posed by automation and “the revolt of the caring classes.” Is your job pointless? Do you feel that your position could be eliminated and everything would continue on just fine? Maybe, you think, society ... Read more

Stock Buybacks Will Hit $1 Trillion In 2018

US corporations will buy back their own stock at a record clip of $1 trillion this year, according to an analysis issued by Goldman Sachs on Monday. The Wall Street giant attributed the surge in share repurchases to booming corporate profits and Trump’s $1.5 trillion tax cut for corporations and the ... Read more