Pigs, From Crisis To Self-Organisation

In his brilliant book about the history of Latin America – “Las Venas Abiertas de América Latina”, (The Open Veins of South America) originally published in 1971 – Eduardo Galeano (1940-2015) starts by writing that the international division of work consists of defining that some countries specialise in ... Read more

Financing The Future Of Cooperative Low-Income Housing

In the late 1970s and early 1980s, New York City went through a devastating financial crisis. Buildings in neighborhoods across the city were essentially abandoned by their landlords. In some cases, tenants banded together to take over managing their buildings. Clusters of such buildings ... Read more

Do You Know You Are A Wage Slave?

The majority of people in the United States are in a position of wage slavery, in which they depend on their boss for the ability to survive, but it has been so normalized that many do not question this arrangement. We bring back an interview with John Curl, author of “For All the People: Uncovering the ... Read more

Demand An End To The Taxation Of Social Security Benefits

Social Security, the retirement program established by President Franklin D. Roosevelt and the Democrats in Congress in 1936 as a cornerstone of the New Deal programs that were put in place to help Americans struggling with the Great Depression, has been under attack by Republicans ever ... Read more

Nine Year Losing Streak For US Fracking Sector

Oil prices rose and oil and gas production boomed during the third quarter of 2018. But the US fracking sector continued its nine-year streak of cash losses. All told, a cross-section of 32 publicly traded fracking-focused companies spent nearly $1 billion more on drilling and related capital ... Read more

Council Approves Bills For ‘Fair Workweek’ And $15/hr. Wage Hike

The 24-year-old graduate of Olney High School left his job at a Target store two weeks ago because the company couldn’t accommodate his schedule — he’s only able to work daytime hours because in the evenings, he has to take care of a nephew who has cerebral palsy. Now, he works at ... Read more

An Ecosocialist Path To Limiting Global Temperature Rise To 1.5°C

The much-awaited report from the U.N.’s top climate science panel describes the enormous gap between where we are and where we need to be to prevent dangerous levels of global warming. The 2015 Paris climate accord committed industrial nations to reduce their emissions ... Read more

Tale Of Two Depressions

Mainstream economists continue to discuss the two great crises of capitalism during the past century just like the pillars of society performed in the brothel—a “house of infinite mirrors and theaters”—in Jean Genet’s The Balcony.* The order they represent is indeed threatened by an uprising in the streets, and the only ... Read more

What Does Inequality Cost The Average American? About $150K

Belgian waffles. Belgian beers. Americans love ’em. But what Americans really need from Belgium has nothing to do with beer or breakfast treats. We need Belgium’s much more egalitarian distribution of wealth. The English philosopher Francis Bacon once long ago compared wealth to manure. ... Read more

The Real Economics Of Migration

Their strategy, while often electorally successful, is laying a foundation for weaker growth and higher levels of inequality across the world’s aging advanced economies. Debates about immigration are roiling the world’s democracies. In the run-up to the US midterm elections this year, President Donald Trump ... Read more