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On 31 July, the United States Federal Reserve System (U.S. Fed) announced its decision to cut its benchmark short-term interest rate by one quarter of a percentage point to a target range between 2% and 2.25%. It also announced that it would put an end to its policy of selling chunks of its holdings of securities, so as to unwind its bloated balance sheet.

The call to stop the production of coal and cars often sounds like a threat to jobs. But German trade unions have realized that the green transition needs to happen—and they’re fighting to make sure it’s bosses, not workers, who pay for climate justice.

Nationalism has always been, to some degree, a feature across Europe’s political spectrum, but in recent years, fostered by the likes of Donald Trump and funded by American religious ‘conservatives’ there has been an explosion in voter support for right-wing and populist parties.

If we hope to win a Green New Deal we will have to build a movement that is not only powerful enough to push the federal government to take on new responsibilities with new capacities, but also has the political maturity required to appreciate the contested nature of state policy and the vision necessary to sustain its forward march.

THE hallmark of a systemic, as distinct from a cyclical or sporadic, crisis of capitalism is that every effort to resolve the crisis within the broad confines of the system, defined in terms of its prevailing class configuration, only worsens the crisis.

Today, as the global economy flounders from crisis to crisis, Marx’s analysis of capitalism is the essential basis for a correct understanding of what is going on. Moseley’s book reaffirms key elements of this analysis.

It may be a new low in propaganda. National Public Radio (NPR) used the news that Syrian First Lady Asma Assad had overcome breast cancer to mock her and continue the information war against Syria.  They interviewed a Human Rights Watch staffer named Lama Fakih who is an American from Michigan now based in Beirut.

With the passing of the great anti-imperialist and Marxist intellectual Samir Amin on August 12 of last year, the international communist movement lost a giant.

IF YOU TRIED to design a program with the aim of offending the top brass of the world’s most powerful corporations and the politicians whose careers they bankroll, you’d get something like what Bernie Sanders unveiled today in his $16.3 trillion Green New Deal platform.

The cost of the 2016 U.S. elections was $6.5 billion if we combine the presidential and congressional elections. The Indian Parliamentary election of 2019 outspent the 2016 U.S. 2016 election, costing about $8.6 billion.

Large proportions of African Americans registered strong opposition to building a wall on the southern border, keeping undocumented people in limbo, and mass deportations.

The insights of this new data series are many, but for this post here I want to highlight a single eye-popping statistic. Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion. The bottom 50 percent actually saw its net worth decrease by $900 billion over the same period.

Tariq Ali on the situation in Kashmir.

In an audio recording obtained by The Intercept, the group concedes that it has been playing a role behind the scenes in crafting laws recently passed in states across the country to criminalize oil and gas pipeline protests, in response to protests over the Dakota Access pipeline.

Seattle’s Socialist City Councilmember, Kshama Sawant, is in the midst of a major fight for re-election. U.S. elections are long and expensive compared to most of the world. Seattle city elections are in two parts: a primary that runs through August 6 and then a run-off between the top two candidates decided on November 5.

Engels was a revolutionary democrat and a revolutionary realist, argues Dragan Plavšić

Despite previous sanctions leading to over 40,000 deaths in Venezuela over two years, the U.S. is escalating its economic offensive.

Bernie Sanders has taken to calling out corporate media for their anti-progressive bias, and their feathers have gotten quite ruffled.

Before turning to the subject matter at hand two abiding issues in Marxist thinking need to be addressed. First, when Marx inveighed against Utopian Socialist futuristic model building, he never intended it to become a mantra dissuading socialists from thinking practically about socialist institutional design.

We are in the middle of a political upheaval on Israel/Palestine in the United States, and Americans who are concerned with Palestinian human rights live for these moments. They are the moments of potential change: When more tarnish is added to Israel’s image, and Americans get a clearer picture of what the Jewish state actually means for non-Jews under its sovereignty.