1. Abstract labor is the central principle of organization and domination of capitalist society. This is confirmed for us not only by the fact that the realization of capital depends on the ...

The announcement by the U.S. Treasury that the national government debt has topped $30 trillion is a milestone in the deepening historic crisis of American capitalism. Over the past several decades, ...

Discover how Minsky Moments cause sudden market collapses after speculative booms. Learn their history and economic impact, ...

For Hippocrates the word “crisis” designated the culminating point of an illness, on the basis of which, after a thorough examination of the symptomatic data and taking into account the evidence, he ...

In September, the U.S. Labor Department reported an all-time record high of 10.9 million job openings, shattering the pre-pandemic record by more than 2.5 million additional job postings. I hear it ...

There has always been contempt for economic liberty. Historically, our nation was an important, not complete, exception. It took the calamity of the Great Depression to bring about today’s level of ...

“John Lewis’ happy-clappy partnership model has become a millstone”, screamed the headline on a recent article in the Telegraph newspaper, where it asserted that for all their virtues, worker-owned ...

Absent a shift in our moral compass, our current form of free-market capitalism will transform U.S. society into a largely unrecognizable system defined by extreme inequality and rising poverty. Take ...

Delegates at the annual meeting of the World Economic Forum talk a lot about the world's problems, but there is little concrete action. (Photo by LUDOVIC MARIN/POOL/AFP via Getty Images) Just before ...

Under capitalism, industrial production and consumer buying expands. Greenhouse gases fill the atmosphere, the climate changes, and people die. U.S. leadership of global capitalism leads to wars and ...