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What is MAGA imperialism? Monthly Review editor John Bellamy Foster says that, despite its feints toward anti-imperialist isolationism, President Donald Trump’s foreign policy has coalesced into a “hyper-nationalist” form of populism that rejects the U.S.’s post-WWII adherence to liberal internationalism and promotes dominance over other countries via military power rather than through economic globalization.

Heterodox economist Jamee K. Moudud returns to Money on the Left to discuss his new book, Legal and Political Foundations of Capitalism: The End of Laissez-Faire? (Routledge, 2025). The phrase “institutions matter” is a common refrain among economists, including many who have proposed progressive alternatives to free market fundamentalism. For Moudud, however, this proposition doesn’t go far enough, leaving a host of problematic assumptions unquestioned. To remedy this, Moudud draws on the Original Institutional Economics and American Legal Realist traditions to propose a robust theory of legal institutionalism or institutional political economy.

The dramatic shift in the Trump led U.S. foreign policies, as seen recently in the bombing in Iran, has created enormous confusion and consternation within establishment centers of power.

The June 2025 US-Israeli military assault on Iran—featuring Israel’s Operation Rising Lion and the US Operation Midnight Hammer confronted by Iran’s defensive Operation True Promise 3—despite achieving short-term tactical victories, represents a profound strategic failure that has accelerated the US-led imperial decline and strengthened global anti-imperialist forces. Rather than cementing Western hegemony, this illegal act […]

On the morning of January 21, 1960, 431 black and six white coal miners were entombed in a sudden collapse at Clydesdale Collieries near Coalbrook in Sasolburg, Free State Province.[1] The first rockfall took place at about 4:30 p.m. No one was killed or severely injured. While the rock still creaked and split, many of […]

Big tech is working hard to sell us on artificial intelligence, in particular what is called “artificial general intelligence.” At conferences and in interviews corporate leaders describe a not-too-distant future when AI systems will be able to do everything for everyone, producing a world of plenty for all. But they warn, that future depends on […]

In this episode, we share Part 2 of our coverage of The Black University & Community Currencies workshop. Held April 25, 2025 on the campus of Morehouse College, the workshop fostered dialogue between students, faculty, and activists about the radical possibilities of public money for higher education, broadly, and for communities at and around Morehouse, specifically. The occasion for the workshop was the conclusion of a semester in which students enrolled in Professor Andrew Douglas’s advanced political theory course at Morehouse implemented a classroom currency called the CREDO for use by Morehouse students. 

Over 10,000 people died in transit to Spain in 2024 alone.[1] On June 2022, the border fence of Melilla, one of two Spanish enclaves in Morocco, was witness to a massacre that killed or disappeared over a hundred African migrants.[2]  A recent BBC investigation revealed that Greek border guards systematically repeal immigrants already on Greek […]

For today I have been asked to speak a bit about my country, Puerto Rico, and the socioeconomic crisis that is currently developing there.1 Given the time constraints, I want to provide you with a brief overview of what is being experienced there by the victims of the crisis. I want to also speak a […]

In the early decades of the twenty-first century, education has become a frontline in the ideological struggle over the future of global capitalism. The coordinated assault on teachers, curriculum, and institutions of public learning is not an isolated culture war but a structural feature of neoliberal governance. In this context, the pedagogical philosophy of Paulo […]

The U.S. is in desperate economic and military “competition” with China and has lost a lot of ground fast.

Mandy Tröger, Richard Maxwell, Ben Scott, Sut Jhally, Des Freedman, Deepa Kumar, and Victor Pickard on Robert W McChesney

A number of notable parallels run through the histories of Israel and the United States.

The Classroom Is a Battleground Teaching U.S. history in a public high school today is a subversive act. In the face of mounting attacks on education, educators like me are caught between the curriculum we are allowed to teach and the truth students desperately need to understand. It is no exaggeration to say that the […]

We speak with Lauren Arrington about her forthcoming book on women artists in the Federal Arts Project. The Great Depression rendered 140,000 women and girls across the United States homeless. In 1935, Franklin Delano Roosevelt founded the Works Progress Administration (WPA) that employed 8.5 million people over the course of eight years. In her book, Arrington challenges the popular memory of WPA art as a story of straight white men. Instead, she argues that the works of art that many women created under the Federal Arts Project made visible Black, immigrant, and women’s lives in a way that challenged segregationist, xenophobic, and sexist structures intrinsic in the nation’s institutions.

On October 7th, 2012, after hearing of his victory as the nation‘s candidate with 56 percent of the vote, President Hugo Chávez Frias announced from a balcony in his hometown that a new cycle was beginning the very next day, October 8th.

Germany, long a synonym for economic brawn and muscle, is beginning to recall words like lumbago or sciatica instead. Though still leading in Europe, and fourth in the world, it faces an economic mess, a political mess, and a mood of general stress. Schools lack repairs and teachers, clinics and hospitals lack staff, its key […]

Popular backlash against France’s brutal yet ineffective counter-terrorism operations is compelling President Emmanuel Macron to withdraw forces from across Africa.

In this episode, Money on the Left shares audio from “The Black University & Community Currencies,” a public workshop convened by Professor Andrew J. Douglas at Morehouse College on April 25, 2025. This episode presents Part 1 of the workshop. It features an introduction by Professor Douglas and two panels. The first panel is titled “What is Public Money?” (Delman Coates, Scott Ferguson & Benjamin Wilson. The second asks: “What is the Uni Currency Proposal?” (Scott Ferguson & Benjamin Wilson). 

Part 1. On the Courage to Remember The first demonstration I ever went on was at the age of twelve, against the Vietnam War. The first formal history lesson I received came a few months later, when I commenced high school. That day the old history master, Mr. Griffiths, chalked what I later learned was […]