Beginning in the 19th and 20th centuries, during the era of the reconstruction of the United States that followed the American Civil War, an important debate emerged in this country. It was the time after the official abolition of slavery – after Union troops arrived in Galveston, Texas on JuneRead More →

Roger Olson, Emeritus Professor of Christian Theology at Baylor University, recently published an essay titled “Why I’m a Socialist: Because I’m a Christian.” He added, “I think laissez-faire capitalism, especially its social Darwinist variety, is contrary to the spirit, the ethos, of Jesus Christ, which is compassion for the weak,Read More →

It’s counter-intuitive, but companies worry too much about money. They remind me of a creature that only wants to inhale and never exhale, which is anathema to the Yin-Yang of Nature. They must learn to breathe normally, which is a process of give and take. It’s normal to “lose money”Read More →

Five years after the disastrous Grenfell fire, justice still seems a long way off for the victims of this tragedy and their families. Far from doing justice, the ongoing investigation sheds light on the litany of failures of those responsible for this disaster and their motivations. Whether it’sRead More →

By Margaret Kimberly The following article was published on Black Agenda Report on May 29. The shortage of infant formula is not a problem in the system. It actually illustrates all that is wrong when the profit motive reigns. Capitalism cannot ensure a food supply or anything else that humansRead More →

Senate Majority Leader Chuck Schumer promised Sen. Amy Klobuchar that his “Online Innovation and Choice Act” would soon get a floor vote. If passed, it will subject American businesses to a degree of centralized control that will amount to socialism. There is no mystery as to why progressive Democrats areRead More →

Award: Why I hate capitalism and you should too: the opposite is not the socialism they scare you with. June 02, 2022 1:00 p.m. PDT by Egberto Willies, 6 7 Please login or register to continue. An incident with the hitch of my car and a mechanic was the lastRead More →

Capitalism is dead in Australia. Long live capitalism. The economic system that made the West rich has been defeated – by itself. It was the election of new awakened capital vs old lazy capital which saw the new kids win while the old ones slept. Having recently watched the GreensRead More →

Fox cartoon “The simpsons” just wrapped up season 33 on May 22 with a heartbreaking attack on capitalism and how the middle class has been torn apart. It featured a singing janitor played by actor Hugh Jackman and a professorial cameo by socialist Robert Reich, who was onceRead More →

The era of modern American business is defined by CEOs celebrated for their wild growth, wild personalities, and wild wealth. Why is it important: Leading my second company as CEO, I am increasingly convinced that this model of fame, growth at all costs and growth at all costs will notRead More →

No one has appreciated the power of capitalism better than its greatest antagonist, Karl Marx. Born of the Enlightenment, embodied by the Industrial Revolution, capitalism, according to Marx, “has accomplished marvels far beyond the Egyptian pyramids, Roman aqueducts and Gothic cathedrals. . . achieve more massive and colossal productive forcesRead More →

“When you work here, you join a family.” These are the words that were spoken to me during my integration day for a job in a paper mill, at the age of 19. Many will have heard similar statements at some point in their journey into gainful employment. This livelyRead More →

By Bhabani Shankar Nayak* A very well-meaning comrade called me a multi-versal Marxist with a savage smile full of English irony while presiding over my book publishing function at the Marx Memorial Library, London. I dedicate this piece to him…There is no other philosopher who is more abused and misunderstoodRead More →

Every once in a while, an old claim goes viral: capitalism is ruining the planet. The argument is that capitalism needs economic growth to sustain itself. And economic growth requires more production, which means more carbon emissions and pollution. Therefore, capitalism is bad for the environment. A recent viral tweetRead More →

DR Ferdinand “Bongbong” Marcos Jr can be expected to continue his father’s original labor export policy. What he says goes against all of the state’s presumed commitments. It is an obligation, a democratic and constitutional duty of the state, to provide meaningful and humane jobs in the Philippines. Workers mustRead More →

On Sunday May 1, after being kicked out of the English Football League three years previously, Bury FC were taken out of administration in a fan-led takeover. This will see the club’s majority stake transferred to the Bury Football Club Supporters’ Society – no doubt a huge relief forRead More →

The United States faces a growing national shortage of infant formula. At the start of 2021, the national infant formula stock-out rate fluctuated between 2% and 8%. The stock-out rate began to increase in July, eventually reaching 31%. And then, in the last three weeks of April, the rate suddenlyRead More →

Socialist Register 2022New polarizations and old contradictions:The crisis of centrismEdited by Greg Albo and Colin Leys320 pages; 978-1-58367-937-1; $29 paper Reviewed by Seth Sandronsky Socialist Register 2022 provides a thought-provoking analysis of the factors and forces driving multiple polarizations in our world. They include nation and race identities, social classRead More →

Demonstration: “people not profits” Getty In the 1970s, a small group of activists and their allies came together and embarked on an unlikely quest to redefine what is good for society and enact discriminatory public policy to help themselves. Now, in 2022, their supporters are celebrating not only victory, butRead More →

If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent absence of class conflict would probably make revolutionaries believe they had won. They would see a society divided on all sorts of issues – from identity politics to the right COVID-19Read More →

This is the report given by Nick Beams at the May Day 2022 online rally held on May Day. Beans is a longtime leader of the International Committee of the Fourth International and an expert on Marxist economics. To see all the speeches, visit wsws.org/mayday. Nick Beams, leading member ofRead More →

The strategy adopted by central governments to manage the economic downturn of COVID-19 was simple: bail out the entire capitalist class. Governments in the industrialized world, including that of the United States, have spent billions of dollars providing subsidies to owners, multinational corporations and financiers throughout the pandemic. Although vaccinesRead More →

Russia’s war on Ukraine both reflects and deepens a global split that should remind us of Karl Marx’s famous remark: “No social order ever disappears until all productive forces, for which there is place, have been developed; and new higher relations of production never appear until the material conditions ofRead More →

I Recently Decided The Kid With One F Is Old Enough To Watch Netflix stranger things. It may or may not be because I wanted to do a rewatch before the season premiere next month and it was a good way to claim living room TV without a fight. GoodRead More →

review of Socialism for soloists by William Edmundson (Polity, 2021) John Rawls was arguably the greatest liberal philosopher of the 20th century. But by the end of his life – he died in 2002, aged eighty-one – he had become a persistent critic of capitalism. In his 2001 book, JusticeRead More →

A divided Germany offered a solid basis for comparison, with a market economy system in the West and a planned economy system in the East. German historian Hubertus Knabe, a leading expert on the history of the GDR, observed: “One of the biggest climate killers in the world was, inRead More →

Despite unprecedented extreme weather, droughts, floods and fires increasing every year, we see little or no action from capitalist leaders that matches the urgency of the crisis. Action must be taken immediately to end the use of fossil fuels, restore ecosystems and transform our relationship with the planet to secureRead More →

By Carl D. RafothCANFIELD, Ohio – George Gilder, renowned economic theorist and prolific author, recently published an article answering the question: what is capitalism? It traces its meaning back to Karl Marx who defined capital as “embodied in machines and resources.” The word capital derives from the Latin word caputRead More →

You can attribute just about everything you have touched, eaten or worn today to capitalism. But you can also blame it for some of the world’s worst problems. Is it broken? Or an urgent need to reinvent? Session 2 of TED2022 featured five thought-provoking talks that brought us to someRead More →

This week, the Conservative government announced that the UK is set to embrace the cryptocurrency craze, in a bid to attract investors from around the world. Instead of welcoming these spies and speculators, we must expropriate the billionaire class. Chancellor Rishi Sunak recently said Britain is striving to become aRead More →

review of Revisiting the Marxist Critique of Liberalism: Rethinking Justice, Legality and Rights by Igor Shoikhebrod (Palgrave Macmillan, 2019) What will communism look like? Anti- or at least non-liberal seems to be the consensus between right and left sections. The former fear that socialists will seek their hard-won freedoms; theRead More →