Economy

The debt ceiling crisis is being used as an excuse to cut Social Security and Medicare. …

2023: A Coming Economic Crisis? Who Will Pay? With Richard Wolff We face the effects …

Biden and Xi met to manage the conflict between the U.S. and China, but they can do nothing about the system of capitalist competition that created this conflict. …

Many tech enthusiasts, tech cheerleaders and even many so-called analysts treat the giant tech and …

In late October, the former Prime Minister of the United Kingdom (U.K.), Liz Truss, resigned …

September 19, 2022, Editorial of the Workplace Newsletters of the Etincelle fraction of the NPA. …

The Northeastern U.S. may see shortages of diesel and heating oil this winter. The for-profit system leaves us vulnerable to these kinds of shortages. …

High rent and inflation are threatening renters with eviction. …

August 31, 2022, Editorial of the Workplace Newsletters of the Etincelle fraction of the NPA, …

Workers in Panama have been protesting against inflation. …

After five months, the baby formula shortage continues. …

As prices increase, President Macron has come out against a general salary increase, while the purchasing power bill isn’t nearly enough. …

We pay increased prices, corporations get increased profits. …

On Saturday, June 18, thousands came to the mall in Washington, D.C., to protest poverty …

The World Economic Forum in Davos, Switzerland ended on May 27. The conference – a …

Who profits off of inflation? Not workers whose real wages plunge as inflation ticks higher. …

May 23, 2022, Editorial of the Workplace Newsletters of the Etincelle fraction of the NPA, …

Despite campaign promises, Biden has continued to do nothing about student debt. …

Biden’s latest budget proposal includes the largest military budget ever, just one more indication that our interests are not represented by those in power. …

This system is rigged so that even the proposed solutions hurt us, and corporations use the excuse of inflation to sneak away like a robber in the night …

The number of evictions will increase as the cost of rent increases and eviction moratoriums expire. …

We are paying high prices for everything, but what about the corporations? They’re making record profits! …

Students and graduates today face a massive burden of debt, while the government, banks, and loan servicers profit. …

The Theranos verdict not only shows that profits and investors matter more than people in this society. It also shows once again that lying and fraud are an everyday part of life in our capitalist economy. …

After rejecting a tentative agreement with a two tier wage structure, Kellogg’s has recently responded by trying to hire permanent replacement scabs. …

American workers face the highest rate of inflation in over 30 years and is squeezing us for all that we have! …

Utility debt in the U.S. has more than doubled since the pandemic. …

Although the UN climate change conference hasn’t begun, we already know how much progress they’ll make. The answer? Nowhere near enough!  …

The Democrats, despite controlling the Presidency and both houses of Congress, are unable to help working people in even the most basic of ways. …

Todo este proceso presupuestario no es más que otro recordatorio de que bajo este sistema la democracia sólo funciona para la clase dominante. Es una farsa total para todos los demás.

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This supply chain crisis is just one more example of how dysfunctional the system of capitalism is — this system can’t even organize the basic production and distribution of goods. …

Over 700 stationary engineers have been on strike since September 18 at Kaiser Permanente Northern California facilities. …

The current budget fight in Congress is offering up a perfect opportunity for industries to call in favors and Senator Joe Manchin of West Virginia who owns millions in coal stocks has been tapped to re-write the climate portion of the budget bill. …

Politicians in Congress are playing games with the debt ceiling, but it is the working people who will suffer the consequences. …

The giant Chinese real estate company Evergrande is on the verge of bankruptcy, drowning in debt, which could have huge shockwaves around the world. …

On September 14, the number of recorded deaths from COVID-19 in the United States reached 663,913, the equivalent of 1 in 500 Americans. …

Companies that make test kits can charge what they want and get fat off this health disaster, even if it means most people won’t have access to the care they need. …

Despite the hype or the doomsday predictions, let’s not believe that Biden is really trying to take on the rich to benefit us. …

On Labor Day, the federal unemployment benefits that have been a lifeline for tens of millions during the COVID crisis, are ending, affecting over 10 million people. …

Biden’s “bipartisan” infrastructure plan is useless when considering the climate crisis. …

Demonstrating the absurdity of capitalism, Amazon destroys millions of unsold items every week. …

Amazon’s Prime Day is the ultimate capitalist “holiday.” …

June 15th marked the day when most states in the U.S. fully reopened their economies, lifting most COVID restrictions, and easing mask mandates. But who is really celebrating? …

As unemployment benefits are running out, the media are telling us that people don’t want to work. …

If we had a better system, we wouldn’t even need taxes. …

A man’s heart attack at work made him realize there is more to life than work. …

Everything is increasing in price, but why not our pay? …

Biden’s stimulus plan will provide relief to workers, but it does not mean that Biden has the interests of the working class in mind. …