This article originally appeared at Truth-out.org.
Changes in the capitalist system's operating procedures, rules and regulations are always presented as if they were in everyone's interest, a kind of "everybody wins" social progress. The changes usually turn out to be mostly or entirely in capitalists' interests since they run their system that way. Are we surprised and shocked?(More...)
This article originally appeared in The Monthly Review.
Global capitalism has huge problems coping with the second worst collapse in its history. Its extreme and deepening inequalities have provoked millions to question and challenge capitalism. Yet socialists of all sorts now find it more difficult than ever to make effective criticisms and offer alternatives that inspire.(More...)
This article originally published on Wednesday, July 16, 2014 by Moyers & Company
This article originally appeared at Truth-out.org
General Motors recently released the report it commissioned from the huge Jenner & Block law firm. The latter's chairman, Anton Valukas, investigated how and why GM failed - for over 10 years - to recall cars it produced while knowing they had defective ignition switches. The eventual recall of 2.6 million Chevrolet...(More...)
This article originally appeared at www.truth-out.org
Widening gaps between rich and poor, the top 1% and the rest, are heating up debates, struggles and recriminations over redistributing income. Should governments' taxing, spending, and regulatory powers redistribute income from the wealthy to others, and if so, how exactly? As opinions and feelings polarize, political conflicts sharpen.(More...)