capitalism
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Analysis
Behind Wall Street’s favorite scheme: What is a stock buyback?
These same corporations are constantly exclaiming that they must freeze or lower wages in order to survive, yet they never…
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Analysis
First Republic: the collapse and the crisis
In other words, the collapse of First Republic Bank is a sign of the rot at the center of capitalist…
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Analysis
Civics Class for Radicals: The Federal Reserve
The Fed is an instrument for the capitalist ruling class to manage the turbulence of their system in a way…
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Features
Silicon Valley Bank: Canary in the coal mine? The banking crisis is a capitalist crisis
No matter what federal government says, this is a bailout and taxpayers are on the hook.
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Analysis
Poisoning America for profit: A brief history of Norfolk Southern’s greed
The East Palestine disaster is an expression of capitalism’s single-minded drive for greater and greater profit
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Analysis
Equity firm will loot Albertsons grocery chain in merger with Kroger despite impact on workers, communities
The merger between Albertsons and Kroger illustrates capitalism’s natural tendency toward monopoly.
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The Socialist Program
Billionaires Order Mass Layoffs of Tech Workers
Brian and Prof. Richard Wolff discuss the mass layoffs that billionaire CEOs at Meta (formerly Facebook), Twitter, Amazon, and others…
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Analysis
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Analysis
British monarchy flaunts its vast wealth while workers suffer
While an enormous amount of public resources are devoted to the funeral of Queen Elizabeth – what essentially amounts to…
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Analysis
PSL Editorial – Translating Fed Chair Powell’s big speech on inflation
Powell employed a favorite trick of capitalist economists – use stale, technical language unfamiliar to the vast majority of people…
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