Subjects Archives: Capitalism

At a summit held by a Silicon Valley venture capital firm, U.S. Vice President JD Vance gave a speech about globalization that made it clear that the West wants to keep poor, formerly colonized countries in the Global South trapped at the bottom of the global value chain, through monopolistic control of advanced technologies.

CounterSpin interview with Nancy Altman on Social Security attacks.

Warmongering has reached fever pitch in Europe. It all started with the U.S. under Trump deciding that paying for the military ‘protection’ of European capitals from potential enemies was not worth it.

Citizenship by investment schemes drive up housing prices and do little to drive economic growth.

The theatrical events of the previous week between Volodymyr Zelensky, Donald Trump, and JD Vance have been grist for all manner of bourgeois media lies designed to obfuscate events.

The Trump administration’s volatility on foreign policy reveals internal divisions within Trumpism. But when threats and populism lose their momentum, the anti-communist hawks may get their way.

Michael Lavalette spoke to leading ecosocialist Ian Angus about capitalisms’ ecocide, Trump and what we need to do stop global heating.

Last month’s terminations cut employees who serve critical support roles on fires.

Slavoj Žižek, one of the Western thinkers who is familiar with Marxist terminology, published an article in Philosophy Salon on January 27, 2025, entitled “Why a Communist Must Assume that Life is Hell.”

A class consciousness among the working masses, one that takes the issue of race seriously, is critical at this moment. Still, the democrats are working to disrupt this effort to organize against the capitalist elite.

The 2024 election between Kamala Harris and Donald Trump makes clear that the U.S. has two right-wing parties and no effective left-wing opposition.

The leading big tech companies are working hard to sell Artificial Intelligence (AI) as the gateway to a future of plenty for all.

In the basement of Helping Hands Hospital in Kathmandu, Nepal, there is a meeting room. Its left and right sides are lined with stacks of large books, some with torn covers. These are rare books about Marx, Lenin, Stalin, and others. They sit like prisoners, yearning for readers to set them free. The place is known as Harry Magdoff Memorial Library.

The larger rebrand underway is seeing elite “reconciliation” under Trump and plutocrats line up behind the repackaging from a “woke” empire to a more old-fashioned version focused on race, religion and more brazen exploitation.

President Donald Trump has shared a shockingly awful AI-generated music video envisioning a future Gaza.

Presenting new research, Dylan Sullivan and Jason Hickel mount a devastating critique of the impact of structural adjustment in Africa in the 1980s and 1990s. Drawing on recent data on Africa’s material resource use, Sullivan and Hickel show how during this period structural adjustment programmes led to a significant increase in ‘unequal ecological exchange’, a process whereby African countries were compelled to export more materials, energy, and other resources than they received in imports. The difference between the two, Sullivan and Hickel argue, represented a transfer of real tangible materials from Africa to the capitalist world economy, for free.

The Trump strategy for the revival of imperialism amounts to having one’s cake and eating it too.

The clearest legislative priority of the Trump administration and the Republican-led Congress is to keep taxes low for the richest households and corporations.

On Friday, February 21, all the major U.S. stock indices fell.

The official hope is that the workers’ bargaining strength gets sufficiently lowered by having greater unemployment so that they cannot bargain for higher money wages to compensate for the price-rise, because of which inflation would eventually peter out.