in California, where the Los Angeles City Council voted Tuesday to ban encampments for unhoused people near schools and daycare centers, expanding an anti-homeless ordinance … L.A. Activists Demand Real Solutions to Housing CrisisRead more
Capitalism
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How to Resist the Empire’s Neoliberal Debt Trap
Michael Hudson has become famous in recent years. The Financial Times credited him with forecasting the 2008 financial crash and its aftermath. His “magnum opus,” … How to Resist the Empire’s Neoliberal Debt TrapRead more
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The Euro Without German Industry
The reaction to the sabotage of three of the four Nord Stream 1 and 2 pipelines in four places on Monday, September 26, has focused … The Euro Without German IndustryRead more
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As Rent Soars & Evictions Spike
Housing advocates are calling on the Biden administration to address the soaring cost of rent with the same level of dedication he’s shown to reducing … As Rent Soars & Evictions SpikeRead more
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Summer 1914: War Enthusiasm, Real and Imaginary
During the years leading up to 1914, Europe’s upper classes, the landowning aristocracy and the industrial-financial bourgeoisie, had lived through years of almost intolerable tension. … Summer 1914: War Enthusiasm, Real and ImaginaryRead more
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The Endless Growth Model Under Capitalism Is Unsustainable
At the end of July, the International Monetary Fund warned of a “gloomy outlook” for the world economy. It was doing so not because of … The Endless Growth Model Under Capitalism Is UnsustainableRead more
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Why Capitalists Care About Our Record-Low Birth Rate
The United States is a particularly hostile environment for parenting. Workers face long hours, inadequate pay, unreliable health care, overpriced housing, paltry unpaid leave, and … Why Capitalists Care About Our Record-Low Birth RateRead more
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School Grades as Capitalist Control
[youtube https://www.youtube.com/watch?v=L0NFwoDXEJE&rel=0&feature=relmfu] Richard Wolff
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Escaping the Western Rentier
It is impossible to track the geoeconomic turbulence inherent to the “birth pangs” of the multipolar world without the insights of Professor Michael Hudson at … Escaping the Western RentierRead more