The neoliberal approach to handling a dire economic downturn may soon produce a political crisis, reminiscent of the debt crisis that led to Hitler’s rise 80 years ago. The political class seems to be taking note: the stark inequality reflected in the soaring stock market and shrinking paychecks is unsustainable.
Never before has this country relied so heavily on deficit spending to pay for its conflicts. The consequences are expected to be ruinous for the long-term fiscal health of the U.S., but they go far beyond the economic.
In the name of the fight against terrorism, the United States is currently waging “credit-card wars” in Afghanistan, Iraq, Syria, and elsewhere. Never before has this country relied so
With so much inequality in the U.K., the sixth most unequal country in the world, the hefty £32 million price tag for the royal wedding is a slap in the face to U.K. citizens who have seen their standard of living and benefits decline over years of government-imposed austerity.
LONDON – The royal wedding between the U.K.’s Prince Harry and American actress Meghan Markle, due to take place today, has been in the headlines for some time, serving as a convenient distraction from other major events – from the mass shooting of unarmed protesters in Gaza to efforts by certain U.S. officials to sabotage the Korean peace talks.
Mexico rates as one of the world’s most unequal major nations, and the party of the presidential candidate topping the polls pledges to confront those concentrating the nation’s “economic and political power.
The upcoming presidential election in Mexico — now just eight weeks away — may well prove to be this year’s most significant worldwide referendum on inequality. Mexico, after all, rates as one of the world’s most unequal major nations, and the party of the presidential candidate currently topping the polls — Andrés Manuel López Obrador — is
The lessons of Karl Marx show that our tasks are to heighten class conflict by exposing the reality of abhorrent inequality and create new systems to replace failing capitalism.
In 1848, Marx wrote, “philosophers have only interpreted the world, in various ways; the point, however, is to change it.” On this 200th anniversary of the birth of Karl Marx we focus on Marx as a political activist, rather than what he is best known for, an
It’s not a coincidence that while most Americans are struggling, just three individuals—Bill Gates, Jeff Bezos, and Warren Buffett—together own as much wealth as half of the country combined.
Most of the world recognizes May 1—May Day—as International Workers’ Day. Here in one of the few countries that doesn’t, it’s worth pausing to ask how U.S. workers are doing. At an event last December, Fight for $15 organizer Terrence Wise recalled “going to bed at night, ignoring my own stomach’s rumbling, but having to hear my three little
In the U.S., African American women earn only 60 cents, Native American women 59 cents and Hispanic women 55 cents for every US$1 that white men earn.
On average, women are paid nearly 23 percent less than men and in countries like Turkey, the gap can be as much as 75 percent. As a response to the staggering gender pay gap revealed in the World Economic Forum's Global Gender Gap Report, the U.N. Women agency has adopted the theme of "Press Progress," in 2018 to emphasize how
