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Any form of democratic control of an economy would be impossible without banking and finance being reduced to a public utility, and thus serving to benefit communities rather than existing as a parasite
Pete Dolack
Pete Dolack is an activist, writer, poet, and photographer. He has been involved in various activist organizations, including Trade Justice New York Metro, National People’s Campaign, and New York Workers Against Fascism, among others. He has authored the books "It’s Not Over: Learning from the Socialist Experiment," which examines attempts to create societies outside of capitalism and explores their relevance to the present world while seeking a path to a better future and "What Do We Need Bosses For: Toward Economic Democracy," which analyzes past and present efforts to establish systems of economic democracy on a national or society-wide basis.
He authored the book "It’s Not Over: Learning from the Socialist Experiment," which examines attempts to create societies outside of capitalism and explores their relevance to the present world while seeking a path to a better future.
A newly released report by the Organization for Economic Co-operation and Development (OECD) finds that median wages in the OECD’s 35 member countries are still below where they were in 2007
Does anyone believe that the world’s elites are going to suddenly accept business as usual can no longer go on and willingly give up their enormous privileges?
Does anyone believe that the world’s elite are going to suddenly accept business as usual can no longer go on and willingly give up their enormous privileges?
Even if the final decay of capitalism has arrived, that decay is likely to unfold over decades unless a global Left movement, uniting the variety of social and environmental movements and struggles across borders, can speed up the process
A basic income — the concept of everybody getting a regular check from the government regardless of circumstance — is one of those…
The belief that private funding — which, after all, is done to extract profit regardless of social or environmental cost — will make us live happily ever after should be left to the realm of fairy tales
Class warfare is poised to reach a new milestone as this year’s combined total of dividends and stock buybacks by 500 of…
The latest in a series of scientific reports detailing the disastrous course of global warming, “Explaining Ocean Warming: Causes, Effects and Consequences,” concludes that the mean global ocean temperature will increase by as much as 4 degrees Celsius by 2100
Capitalist markets are nothing more than the aggregate interests of the most powerful industrialists and financiers. And they have no interest in you knowing what is in your food, or even that it is safe