economy
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Analysis
Civics class for radicals: The rise of the dollar
The fact that the dollar reigns supreme as the “world reserve currency” is a crowning achievement of Washington and Wall…
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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
PSL Editorial — Will Biden reward right-wing blackmail in ‘debt ceiling’ talks?
With his administration’s popularity at a remarkably low level, Biden should remember that any concessions to this extortion will be…
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Analysis
PSL Editorial: Rightwing prepares ‘debt ceiling’ attack – Will Biden capitulate?
The debt ceiling is a manufactured crisis. Only in recent years has the right wing decided to use it as…
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Analysis
Three massive ways the government wastes your tax dollars
While the right wing points to vital social programs as sources of “waste” in the federal budget, the reality is…
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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
PSL Editorial – State of the Union: Biden presents disaster as success
Joe Biden’s speechwriters had a difficult task tonight – how can the near-total failure of an administration to deliver on…
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Analysis
PSL Editorial – Make the capitalists pay for the inflation crisis
We need a nationwide price freeze in which hiking the cost of key goods is prohibited by the government.
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The Socialist Program
Inflation Crisis & the March Towards Recession
The capitalist class remains determined to drive the economy off a cliff to eviscerate workers’ living standards and bargaining power.
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