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This month, we discuss democratic possibilities for public finance with Saule Omarova, the Beth and Marc Goldberg Professor of Law at Cornell University and President Biden’s original nominee for Comptroller of the Currency. Her and Robert Hockett’s “finance franchise” metaphor for modern banking-–according to which the federal government is the franchisor and chartered banks are all franchisees–renders an often-times opaque system intuitive and readily politicizable.

“Brigadistas: An American Anti-Fascist in the Spanish Civil War” is a page-turner of a graphic novel, illuminating the courage and commitment of young Americans in the Abraham Lincoln Brigade, who put their lives on the line against fascism in Spain. The Brigadistas left behind a profound legacy of courage and international solidarity for the U.S. left that still resonates today.

Isabel was, and will remain, an inspiration to us and to everyone else who was privileged to know her. We extend our deepest condolences and sympathies to her sons, Michael, Carl and Paul, and to her whole extended family, and many comrades and friends.

Despite the limitations of the BRICS project, it is clear that the increase in South-South trade and the development of Southern institutions (for development financing, for instance) challenges the neo-colonial system even if it does not immediately transcend it.

The U.S. sanctions imposed on Venezuela are by no means an isolated case, though they are some of the most severe. If the U.S. can’t win with tanks and guns, it hopes that a campaign to suffocate the people will expedite regime change.

Again Victor Grossman turns to his faded history books, and to the uprisings—and then the defeat of divided leftists between 1919 and 1933. Where today is the LINKE, the party of peace, anti-fascism, anti-imperialism, socialism? It is in a crisis!

The mining super-majors are keen to walk away from their legacy responsibilities, which in the case of South Africa date back to colonial times under British rule, continuing under apartheid, and in the last generation since 1994.

“A week or so on, John Berger was still with me, there in spirit. Or, better, I was still with him. When in Rome, I told myself…well, what better thing to do than to visit Gramsci, the great Marxist, whose grave lies in the city’s ‘Non-Catholic Cemetery’ in Testaccio.”

We stand together against the rise of a new McCarthyism that is targeting peace activists, critics of US foreign policy, and Chinese Americans. Despite increased intimidation, we remain steadfast in our mission to foster peace and international solidarity, countering the narrative of militarism, hostility, and fear.

In the different countries of the world, capitalism is shaped and consolidated not only by the general logic of this mode of production, but also by the social, historical, and cultural conditions of each country. The way each country and region understand the forms of accumulation and expansion of capitalism is fundamental to the class struggle.

This final article, covering the period from mid-July to the present day, shows how the coup was defeated and what happened in the aftermath.

We are excited to rerelease our inaugural episode of Money on the Left alongside a brand new transcript. In our inaugural episode, we consider the recent resurgence of full employment politics in the United States from both a political and historical perspective with historian David Stein (@davidpstein).

Watch John Bellamy Foster speak about Samir Amin, a visionary scholar who dedicated his life to challenging dominant paradigms such as Eurocentrism.

“It has never been true that nuclear war is ‘unthinkable.’ It has been thought and the thought has been put into effect.” —E.P. Thompson

Of course, the accepted history of the coup attempt, as told by the U.S. government, international bodies such as the UN Human Rights Council and most of the media, is that nearly all the victims were protesters, mainly students, killed by police or by Sandinista “paramilitaries”. The truth is far more complicated; people on the ground, especially those living in the places most affected, became increasingly aware of the opposition’s intentions.

Tiny Crawford Lake, near Toronto, holds a detailed record of radical global change.

Review of Robert Ovetz, We the Elites: Why the U.S. Constitution Serves the Few (London: Pluto Press, 2022). People in the United States generally have confidence in the country’s political system, believing that it has the capacity to solve meaningful problems. Conservatives and liberals alike sincerely respect what they consider the nation’s sacrosanct Constitution, established […]

The calls have begun in Mosco, for keeping intact Yevgeny Prigozhin’s conglomerate of military budget contractors. The reason argued is that they have established themselves so strategically in the logistics of the military services that they cannot be purged without doing greater damage than Prigozhin himself has caused. In short, a Russian oligarch who knows too much, with too many mouths to feed, too many pockets to fill, and so too big to fail.

Despite all doubts, despite fearful weaponry, at home or abroad, can we still call ourselves patriotic? In fact, is that a good thing to be?

Across the world, evidence of human misery is increasingly easy to find. The data collected and reported by international agencies is stunning. Billions of people around the planet lack access to adequate education, healthcare, food, and shelter, as well as information and culture.