Subjects Archives: Capitalism

From racialized redistricting to MAGA backlash, the collapse of U.S. democracy isn’t just about gerrymandering—it’s baked into our electoral system. Proportional ranked choice voting may be the only way out.

“The theory of Trumponomics is failing,” said one economist.

The Australian Bureau of Statistics does not collect data on “class”.

The genocide in Gaza is inseparable from the capitalist system that created it.

1. The Revival of the Big Stick and the Monroe Doctrine Since Donald Trump’s reelection as president of the United States, the world has watched in shock as US foreign policy has grown increasingly unilateral and aggressive, raising deep concerns about the future of international politics. These concerns stem not only from the record of […]

History, like the atmosphere, is watching.

The vision of a capitalism that is “stabilised” through a rectification of its “excesses”, and hence pre-empts any social challenge to its existence, has always endured in one form or another among economists.

Ultimately, the path to liberation necessitates a fundamental shift in understanding the very concept of “crime” as a political construct engineered to subdue resistance and legitimize state violence.

Across continents, the occupation state’s energy lifelines are sustained by a network of enabling powers, feeding its war machine across West Asia.

Mergers, money, and the erosion of patient-centered care.

With the beginning of the reform and opening-up policy, the People’s Republic of China entered a new historical period in its development. Starting in 1978, the country began to prioritize a development model with characteristics quite distinct from those prevailing during the previous period (1949–78). From then on, China began to emphasize the growth of […]

The fifth session of the UN Plastics Treaty negotiations ended on Aug. 15, once again in a deadlock.

How the 1937 Oshawa GM strike and radical industrial unionism reshaped labour—and why its lessons matter today.

The Biden administration had expanded the definition of “public assistance household,” shielding recipients from the harshest penalties.

BRICS+ is contradictory, uneven, and fragile—but in its openings, the Global South carves space for sovereignty and struggle Multipolarity Emerges from Crisis, Not Consensus The story they sell is that “order” was built by reasoned men in sensible suits. The story we live is different. Multipolarity did not grow out of seminars or summits; it […]

Tariffs raise the prices of imported goods in the domestic market relative to money wages, which is what makes possible, at least in part, the replacement of such imports by domestically-produced goods. Tariffs do not of course lead to all imports being eliminated, but some clearly are.

This interview was conducted by Zhao Dingqi for the journal World Socialism Studies. Zhao Dingqi: You once pointed out that the MAGA movement is essentially an alliance between the monopolistic capitalist right wing and the lower middle class. How do you understand the reasons behind the formation of this alliance, and how does it reflect […]

History exposes the Fed’s inflation fight for what it truly is: a decades-long class war waged against working people under the guise of monetary policy.

Since the U.S. dropped an atomic bomb on Hiroshima on August 6, 1945, U.S. imperialism has driven nuclear proliferation worldwide. Current nuclear flashpoints, such as Iran, show how the U.S. continues to use nuclear blackmail to reinforce its dominance.

As climate collapse accelerates, its unequal impacts reveal the class divisions at its core.