capitalism

Meet the Consulting Firm That’s Staffing the Biden Administration
From its headquarters just blocks from the White House, a small, high-powered team of former ambassadors, lawyers, and Obama appointees has spent the past few years solving problems for the world’s biggest companies. Less than six months into the Biden ...[Read more]
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I cant live on $709 a month: (Retired) Americans on social security push for its expansion
Reynolds is one of millions of Americans who are either senior, disabled or survivors of a deceased worker, and rely on social security benefits for the majority of their income, but the average benefit of just over $1,500 a month doesn’t provide enough ...[Read more]
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Bernie Sanders Calls Jeff Bezos’ Wealth ‘Morally Obscene’ As Amazon CEO Steps Down
Senator Bernie Sanders (I-VT) described Amazon founder Jeff Bezos' wealth as "obscene" and called for taxes on billionaires as Bezos left his role as company CEO. Sanders took to Twitter on Monday to highlight how much Bezos earns and contrasted it with t ...[Read more]
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Boy, 11, referred to Prevent for wanting to give “alms to the oppressed”
An 11-year-old primary school pupil was referred to the government’s controversial counter-radicalisation Prevent programme after a teacher mistook the word “alms” for “arms” during a classroom discussion. The boy’s teacher asked what pupils ...[Read more]
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An Army of Pete Buttigiegs
McKinsey, sporting his signature blend of accounting, law, and management expertise, studied Marshall Field’s books for a few months and recommended that it liquidate its wholesale division, close its less profitable stores, and cut 1,200 jobs. Eager to ...[Read more]
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Lack of Patent Waiver Would Add Over $70 Billion to Cost of Vaccinating World: Oxfam
Oxfam calculates that if patent protections were waived by the World Trade Organization (WTO) and vaccine production ramped up worldwide people in low- and middle-income nations could be adequately vaccinated for an estimated cost of $6.5 billion, but tha ...[Read more]
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Noam Chomsky: The Elites Are Fighting a Vicious Class War All the Time
Noam Chomsky talks to Jacobin about why working-class politics can secure universal health care, climate justice, and an end to nuclear weapons — if we’re willing to fight for them. ...[Read more]
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Rates of Parkinson’s disease are exploding. A common chemical may be to blame
Most cases of Parkinson’s disease are considered idiopathic – they lack a clear cause. Yet researchers increasingly believe that one factor is environmental exposure to trichloroethylene (TCE), a chemical compound used in industrial degreasing, dry-cl ...[Read more]
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Neoliberalism Has Always Been a Threat to Democracy
More than just the set of free-market policies, neoliberalism has always sought to alter the balance of power in society in favor of bosses by assaulting democracy and undermining unions — which has today played right into the hands of the far right. ...[Read more]
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Trader Joe’s Put Workers Like Me at Serious Risk During the Pandemic
Central to Trader Joe’s corporate image is the idea that it is a vaguely progressive alternative to corporate grocery chains. But my time working at Trader Joe’s during the COVID-19 pandemic exposed how little the chain cared about the safety of worke ...[Read more]
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COVID Vaccine Billionaires Strike It Rich as Poor Nations Struggle for Access
At least nine people involved with companies that develop and manufacture COVID vaccines have become billionaires since the beginning of the pandemic, thanks to the monopoly power of pharmaceutical firms, according to new analysis by global health groups ...[Read more]
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