Wall Street Bonuses Are Out of Control

At the zenith of the Reagan revolution and since, the market has consistently been defended on grounds of its supposed efficiency. Market outcomes, or so the argument goes, may not always yield egalitarian results but they do at least allocate resources effectively...

The War on Terror Militarized America More Than Ever

According to a recently published report from the Institute for Policy Studies (IPC), America has spent a whopping $21 trillion on militarization since 9/11. It’s an astonishing figure, so large it can be difficult to comprehend. Here, the report’s authors offer some...

The US Has Spent $21 Trillion on Militarization Since 9/11

Earlier this week, at a press conference marking the end of the war in Afghanistan, Joe Biden delivered what is arguably the most encouraging remark of his presidency to date: “This decision about Afghanistan,” said Biden, “is not just about Afghanistan. It’s about...

Amazon Is on the Attack Against Kshama Sawant

If you want a preview of how corporate America intends to play in the 2020 elections, look no farther than what’s happening in Seattle’s municipal elections right now. Amazon just dumped $1.45 million into the local Chamber of Commerce political action committee, a...

Ban Private Jets

Greta Thunberg arrived in New York City on August 28 after a two-week, carbon-free trip across the Atlantic. The trip took two weeks because she traveled by high-speed yacht. It was carbon-free because the yacht had solar panels and hydro generators specifically so...

Save the Climate, Dismantle the Border Apparatus

Dotted throughout the Arizona-Sonora borderlands are more than forty new surveillance towers, the backbone of a “virtual wall” — the newest symbol of the border’s ever-expanding fortification. … Read the full article at Jacobin.

The Military Budget Is a Disgrace

Last month, Trump submitted yet another budget that pairs sky-high military spending with severe cuts to the rest of the government. Trump wants to use a budget gimmick to raise military spending to a colossal $750 billion; at the same time, supposedly concerned by...

Welfare, But for CEOs

Twitter users knew something was up last week when they noticed a bunch of accounts with “Amazon FC Ambassador” in their display names, saying things like“I actually do make a decent living working at Amazon” and “I can use the restroom anytime I want!” Suspicion was...

Dark Money At the Pentagon

In the spring of 2017, Mark Skidmore, an economist at Michigan State University who specializes in public finance, heard what he thought was an erroneous, but interesting, claim: that a Pentagon report indicated the Army had posted $6.5 trillion worth of unsupported...

Imperialism’s Junior Partners

On May 12, Brazil’s democratic government, led by the Workers’ Party (PT), was the victim of a coup. What will the other BRICS countries (Russia, India, China, and South Africa) do? Will they stand by as the reactionaries who took power in Brasilia pivot closer to...