Now that so many people have realized that the capitalist system is riddled with problems, they want a clear explanation about the functioning of the system. They are dissatisfied and impatient with how school courses, ...
Throughout its history—wherever it arrived and settled in as the dominant economic system—capitalism provoked struggles over the redistribution of wealth. In other words, this system always distributes wealth in a particular way and likewise produces ...
Even before the crisis of the pandemic, food delivery companies have seen their profits skyrocket while their so-called “self-employed” workers suffer rights violations and were banned from unionizing. On February 22, 2019, at 6 p.m., ...
Like all previous economic systems in recorded history, capitalism is on track to repeat the same three-step trip: birth, evolution, and death. The timing and other specifics of each system’s trip differ. Births and evolutions ...
“The spectacle of political “leaders” disconnected from basic social realities survived Trump’s defeat.” The spectacle of political “leaders” disconnected from basic social realities survived Trump’s defeat. He and his GOP had shown little grasp of ...
No matter who “won” the U.S. election, what will not change is the capitalist organization of the country’s economy. The great majority of enterprises will continue to be owned and operated by a small minority ...
The looming election has brought forward intensifying debates over a capitalism in crisis, rising nationalism and state power, and the possibility of a renewed fascism. Polarized politics and ideologies alongside long-accumulated social problems and movements ...
In Washington Post reporter Bob Woodward’s new book, Rage, he reports on interviews he did in February and March with U.S. President Donald Trump about the coronavirus. Trump admitted that the virus was virulent, but he decided to ...
Does the typical CEO of a major company add $20 million of value to the company that employs them or could they hire someone at one-tenth of this price who would do just as much ...
(Caitlin Johnstone) Perhaps the most significant of the many weak points in human cognition is our persistent tendency to overlook the absences of things. To notice what’s there but not what isn’t there. We notice ...
“A wild divergence from our current trajectory is the only hope our species has for survival, so as a member of our species it is your duty to participate in that divergence in any way ...
The capitalist economic system has always had a big problem with politics in societies with universal suffrage. Anticipating that, most capitalists opposed and long resisted extending suffrage beyond the rich who possessed capital. Only mass ...
The pandemic provides an opportunity to choose not to return to capitalism and its failures. According to statistics from the World Health Organization, the number of coronavirus cases being reported worldwide remains significant. For example, ...
“Free” and “unregulated” markets simply do not define capitalism, and are not marked by anything like “liberty.” Capitalism is not, as its defenders like to claim, defined by “free” or “private” enterprises. Likewise, “free” or ...
In January 2020, the NASDAQ stock market’s index stood just under 10,000. In the March crash, it fell to 7,000. As of July 10, 2020, it hit 10,600. The U.S. government’s economic policies produced a ...
Change seems to be coming from multiple directions, both outside and within the corridors of political and economic power, as our ignorance shatters and we wake up. Topple a few statues, remove some iconic names ...
U.S. economic policy now focuses on what is already the worst business cycle downturn since the 1929 crash. As data accumulate, it may well prove to be the worst in global capitalism’s entire history. Capitalism ...
“I thank God people are in the streets,” said the Harvard philosopher and activist. “Can you imagine this kind of lynching taking place and people are indifferent? People don’t care? People are callous?” (By: Jon ...
Multinational corporations are motivated by profit, which comes from disease, not people’s health. We frequently hear that COVID-19 is the worst pandemic since the influenza of 1918. It is forgotten that another pandemic known as “the third ...
The difficulties caused to workers by record unemployment during the pandemic are a product of capitalism. Most of the time, employers decide to hire or fire workers depending on which choice maximizes employers’ profits. Profit, ...
(David Swanson) I’m not quite as big a fan of the new film “Capital in the Twenty-First Century” as Jon Schwarz is but think he makes some great points about it, as he usually does. The film doesn’t ...
As is the case with most natural disasters, the Coronavirus has triggered price gouging on basic items like hand sanitizer and face masks. (By: Alan Macleod, Mintpress News) The coronavirus has hit Italy. As of ...
“Bottled water companies should not be allowed to extract an essential public resource and sell it for private profit.” (By: Andrea Germanos, Common Dreams) Advocacy groups are encouraging voters in the state of Washington to pressure ...
The right only denies global warming because its climate ‘science’ has surrendered to capitalists. The man-made Amazon fires are for clearing the land of its forests and indigenous people. The benefits are for Jair Bolsonaro’s ...
Wealth inequality is gearing up to be a major issue in the 2020 election and one possible solution growing in popularity is the idea of employee ownership. Presidential hopefuls including Sen. Elizabeth Warren (D-Mass.), Sen. ...
“The commerce is there. The defense of that commerce is not.” As the 21st-century space race builds momentum, questions regarding the legal framework regulating economic development in outer space hold enormous consequences. The most advanced ...
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