Stock markets have experienced a roller-coaster ride over the past two months, as Trump’s erratic trade policy has brought the world economy to the brink of recession.
The triad of defense officials, defense contractors, and fund managers forms the altar upon which soldiers and civilians alike are sacrificed around the world.
The stage is set for another convulsive economic disruption. The coming crisis will bring to the surface all the accumulated frustrations of the so-called boom years.
The idea that the personality traits and lifestyle choices of a given generation could “ruin” the economy stems from an idealist view of history and society.
Amazon has amassed a level of wealth and consolidation that is at times difficult to comprehend, exposing the absurd contradictions of capitalism.
Trump’s trade war poses a disproportionate threat for the farming sector, bringing the president into conflict with agribusiness and broad swathes of his base.
On paper, the world economy seems to be doing great. Yet, 10 years after the the global financial crisis, a crisis of new proportions is looming on the horizon.
Between January 2017 and April 2018, more than a third of the largest newspapers in the United States laid off workers.
From the standpoint of revolutionary socialism, we have every reason to be optimistic. Unlike the capitalist class, we have history on our side.
Trump is preparing a full-scale trade war with China, with potentially devastating consequences for the world economy.
Trump’s proposed 2019 budget includes drastic cuts to public assistance programs. This will only increase the misery already faced by millions of Americans who struggle with hunger.
Only the working class can build a globally connected network of production, distribution, and exchange, based on solidarity and human need.