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The financial industry, in contrast to the mythology it loves to peddle, does not create wealth — it confiscates wealth, attempting to profit off every aspect of human activity
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.
Even if humanity were to stop throwing carbon dioxide and methane into the atmosphere today, a catastrophic rise in sea levels of…
The insatiable greed of financiers has reached the point where large corporations are now spending almost all profits on stock buybacks and dividends
The world has to drastically reduce its consumption. As this is an impossibility under capitalism, another world is not only possible, it is necessary
Once we realize we don’t need capitalists to make decisions for us, and learn to organize collective self-defense, getting rid of bosses and running enterprises ourselves enters our imagination
“Free trade” agreements are nothing more than initiatives to cement corporate control over all aspects of society
The only route for capitalists is to reduce wages and benefits. The only route for the 99 percent is an entirely different world
So disastrous has austerity been for Jamaica that its per capita gross domestic product is lower than it was 20 years ago
A year’s worth of gross world product is traded in about two weeks on the world’s stock, bond, derivative, futures and foreign-exchange markets
The struggle to save the United States Postal Service is emblematic of the larger struggle against corporate plundering of public resources