capitalism
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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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Analysis
PSL Editorial – Make no mistake about it, the economy is still in crisis
When workers go to the grocery store or the gas station, no one feels that the economy is in recovery…
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