Capitalism as a system functions irrationally because social and ecological concerns cannot be taken into account when making business decisions. Profits before all else.
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A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
Capitalism as a system functions irrationally because social and ecological concerns cannot be taken into account when making business decisions. Profits before all else.
Donald Trump’s leaving the G-7 summit without budging an iota on protectionism is indicative of the disunity among the leading capitalist countries on the strategy to overcome the capitalist crisis.
U.S. Immigration Patrol is detaining immigrant families and separating parents from their children.
Only days after passing a tax on Amazon and big business in Seattle, the corporate politicians in Seattle repeal the ordinance.
Trump’s “Make America Great” policies have resulted in misery for thousands of poor migrants, but the rise in human suffering has resulted in jackpot prizes for players at the New York Stock Exchange.
The constant threat of detention and deportation discourages the undocumented employee from demanding or organizing for more pay and better working conditions—and this status is preferred by big corporations and the superrich, who profit handsomely as a result.
In this episode, Money on the Left cohost Maxximilian Seijo (@maxseijo) expands upon the argument made in his video essay, “Inglorious Basterds: Nazi Desire Fully Employed,” which takes a neochartalist lens to Quentin Tarantino’s Inglorious Basterds (2008).
Four decades ago Ed Sadlowski was the elected leader of 130,000 blue-collar workers, part of a United Steelworkers (USW) membership then totaling 1.4 million, about twice what it is today.
Liberals like to talk about all kinds of social ills and identity-laden tensions—but not class struggle. That’s their persistent and enduring blindspot.
Vijay Prashad talks about the contradictions of Donald Trump’s policies in the context of emerging multipolarity on the global scene.
“The power to pardon is a beautiful thing,” said Trump.
On May 21 Australian Greens deputy leader Adam Bandt introduced a small but potentially significant private member’s bill into the House of Representatives.
The United Nations human rights office says the practice “amounts to arbitrary and unlawful interference in family life, and is a serious violation of the rights of the child.”
This type of chart is trotted out constantly these days to show that American households are in fabulous shape when it comes to their ability to service their blistering record debts.
Though Trump’s threats against North Korea have lacked some of the grace with which his predecessors operated, to Pyongyang, U.S diplomacy has been marked by 65 years of broken promises and outright aggression.
These are supposed to be the good times—with our current economic expansion poised to set a record as the longest in U.S. history.
Organizers of the far-right AfD hoped to get 10,000 adherents for a march on Sunday in Berlin, but their ranks were far thinner, even with buddies from openly pro-fascist gangs. After distributing a thousand or more big German flags, they joined ranks and set off on their anti-foreigner, anti-Islam, anti-leftist Berlin crusade.
Identity politics has something for everyone—but not in a good way. In her 2016 election campaign, Hillary Clinton invoked “intersectionality” and “white privilege” as a shallow gesture of allyship to young liberal voters.
U.S. PRESIDENT Donald Trump backed out of a planned summit with North Korea’s hereditary leader Kim Jong Un today, even as Pyongyang demolished its Punggye-ri nuclear test site with foreign journalists watching.
Despite strict oversights and the presence of international observers, the US dismissed Venezuela’s presidential elections as illegitimate before they even took place. Now, with the polls closed and Maduro the declared victor, the US is already planning a fresh round of sanctions.