Socialism is capitalismās critical shadow. When lights shift, a shadow may seem to disappear, but sooner or later, with further shifts of…
Class struggles interact with but are different from power struggles. The ancient conflicts between city-states Athens and Sparta were power struggles, while…
Artificial Intelligence (AI) presents a profit opportunity for capitalists, but it presents a crucial choice for the working class. Because the working…
The real left is not the caricature crafted by the U.S. right. Alongside parallel right-wing political formations abroad, that caricature tries hard to revive and…
On the one hand, U.S. policy aims to constrain Chinaās economic, political, and military development because it has now become the United…
Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area…
The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the…
Yet markets are just one among many social means of rationing. Anything scarce relative to demand for it raises the same question:…
Future historians will likely look back at the debt ceiling rituals being reenacted these days with a frustrated shaking of their heads.…
At the end of July, an economic adviser working for Bank of AmericaĀ wroteĀ a memo that got leaked. It made bluntly explicit the…
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