Economists are speaking of a “vibecession,” as if the suffering of workers is purely emotional. If only we studied economic statistics more closely, we would understand how great we have it!
The 737 Max 9 blowout shows once again that Boeing’s bosses play dice with the lives of aircrews and passengers, all for the sake of profit.
Not happy with paying us a legal wage that is already so low it’s impossible to survive on, the bosses find ways to pay us even less than the legal minimum.
Rich New Yorkers have more than recovered from the 2020 economic slump, but everyone else is struggling as the income gap continues to widen.
The likelihood of a US government shutdown threatening the livelihood of millions of workers looms large as the crisis of the regime of capitalist rule deepens.
Abandoned “big-box” retail stores litter the landscape across the country. To address this, we need to fight for communism.
On or around June 1, the federal government will no longer have the money to continue paying its bills, potentially resulting in an unprecedented default that would send catastrophic shockwaves across the world economy.
As inflation continues to cut into the living standards of workers, some businesses are posting record profits. Some have pointed the finger at price gouging and the excess profits of big business as the cause.
The collapse of Credit Suisse is an expression of the acute capitalist crisis. The entire banking system must be expropriated and placed under democratic control of the working class.
We see in the collapse of globalization another stage in the crisis of the capitalist system as a whole. Only on the basis of the working class taking power can we re-establish world trade and […]
A toxic combination of inflation and recession looms for capitalism. This is a finished recipe for revolutionary explosions everywhere.
Markets reacted to central banks pouring $10 trillion dollars in to the economy by engaging in speculation without precedent in capitalism’s history.