Tuesday, February 18, 2025

Tag: capitalism

Why poverty reduction under capitalism is a myth

Capitalists and their biggest fans have long argued that the system is an engine of wealth creation.

Capitalism’s unequal distribution deprives you of true freedom

Conflicts over income, wealth distribution, and wealth redistribution are thus intrinsic to capitalism and always have been.

The undemocratic reality of capitalism

Democracy is about “one person, one vote”—the notion that we all have an equal say in the decisions that affect us. That is not what we have now.

Boeing is everything wrong with American capitalism

Boeing’s descent is a case study in how American capitalism has become so rotten. Robert Reich explains.

Tariffs don’t protect jobs. Don’t be fooled.

When employees have become their own employers, they will make the quantities and qualities of a society’s jobs a key policy objective rather than a side-effect of policies focused elsewhere.

Socialism’s self-criticism and real democracy

Whatever forms of government (including representative-electoral) coexist with class-divided economic systems, the hard reality is that one class rules the other.

Sick of outrageously excessive CEO compensation?

America’s top health care execs would rather we not.

Why capitalism cannot finally repress socialism

Socialism is capitalism’s critical shadow.

Why capitalism is leaving the US, in search of profit

Ongoing controversies and alarms surround this capitalist exodus.

The Titan and the Titanic: two tales of capitalist hubris

The doomed OceanGate submersible offers us many of the same lessons that the 1912 Titanic sinking did.

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Trump’s education department freezes civil rights investigations while targeting schools over ‘culture war’ issues

Since returning to office, the Trump administration has stalled thousands of civil rights investigations in education while redirecting federal enforcement toward politically motivated cases.

Musk’s double standard: SpaceX wins government contract while public services face deep cuts

A $38.85 million contract awarded to Elon Musk’s SpaceX sparks outrage as his government office slashes funding for health care, education, and social programs.

Greenland! Canada! The Panama Canal! The Gulf of America! Gaza!

Manifest destiny gets a reboot under President Donald Trump.

Tesla paid zero federal income tax in 2024 while GOP pushes more corporate tax...

Musk’s trillion-dollar company paid nothing in federal taxes while working Americans foot the bill.

Pentagon projected to hand $407 billion to private military contractors this fiscal year

"Military spending involves a massive redistribution of wealth from the public to private sector."