piketty
Piketty and Capital

A new book on economics has hit the stands and has been making waves in the national and international press, not least among economic commentators. Capital in the 21st Century, by the French economist Thomas […]

schoollunch
Big Business Gets a Free Lunch

It was recently reported that angry students were Tweeting photos of their less-than-appetizing school lunches to First Lady Michelle Obama, founder of the “Let’s Move” campaign to end childhood obesity. Not only were the portions […]

free-trade
Imperialism and the New Free Trade Deals

The epoch of world growth fueled by globalization is over. Two giant free trade deals are being thrashed out which would place the United States at the center of its own strategically drawn up domain, stretching from […]

bitcoin
Bitcoin: Utopian Reflection of a Capitalist Nightmare

The digital currency Bitcoin has hit the headlines in recent times for its novelty, as well as for its phenomenal rise in price over the past few years. But how much of the Bitcoin sensation […]

“Let Them Eat Insects”: Food and the Future of Capitalism

Recently the Food and Agriculture Organisation (FAO) released a report that came up with a novel idea: convince the world population to eat insects to avert mass hunger. In reality it is already possible to […]

jeff mcneill-capitalism isnt working at g20
Socialism—the Only Alternative to Austerity

Reform or revolution? This has been the main ideological debate in the labour movement for the past century. Today, the crisis of capitalism poses the question sharply. Unlike in the past, however, the material basis […]

digging-a-hole
Why Keynesianism is Unable to Solve Today's Crisis

The world economy has been mired in a deep crisis since 2007. The bourgeois have tried everything to climb out of the crisis, from quantitative easing, to zero interest rates, to the socialization of banking […]

fallencapital latuff
New Year, Same Old Crisis

As 2013 came to a close, many economists and politicians drew a collective sigh of relief: the Eurozone remains in one piece; the USA has not defaulted; and a triple-dip recession was avoided in Britain- […]

streaming
Musicians vs. Capitalism

Steve Albini paints an outlandish, macabre, and visceral image of eager young musicians willing to swim through vats of excrement in order to get a seductive label contract that will inevitably turn them into pawns […]

blackfriday
Black Friday: A Circus of Scarcity

In the past two centuries, humankind has seen the development of our productive forces to a level previously undreamt of. What was once unimaginable is now commonplace. Never have we been so technologically advanced, never […]

maketherichpay
Taxes—and the Crisis of Capitalism

We see record profits for big business, alongside continued “tightening of the belt” for the working class, as well as the biggest federal budget crisis to date. Europe is on the precipice of financial meltdown, […]

Minimum Wage Increase
Maximum Work for a Minimum Wage

In President Obama’s recent State of the Union address, he announced his intention to raise the minimum wage to $9.00 per hour by 2015. “Tonight, let’s declare that in the wealthiest nation on Earth, no […]