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Counterpunch

Paramount’s Surrender to Trump

The decision by the Redstone family, the major owners of Paramount, to settle a bogus lawsuit with President Trump over a 60 Minutes report he did not like is an extremely dangerous precedent in terms of both the First Amendment and government extortion. Paramount’s...

May Consumption Data Looks Pretty Bad

May Consumption Data Looks Pretty Bad

Photograph by Nathaniel St. Clair Sorry, I’ve been on the road, so not much time for writing. I did want to quickly mention a couple of points about the data on consumption for May which were released on Friday. First, real consumption actually fell in the month. That...

The Good Intentions Road to Tyranny

The Good Intentions Road to Tyranny

Photograph by Nathaniel St. Clair “He who saves his country violates no law,” tweeted President Trump in February. He was echoing a line often attributed to Napoleon. His supporters were electrified by Trump’s tacit invocation of a right to boundless power. The Trump...

The Price of Hunger in the United States

The Price of Hunger in the United States

Photo by Steven Cordes “There is no question or doubt that nobody will starve or go hungry in the United States.” Herbert Hoover spoke those words in 1931, days after thousands of poor Americans converged for a Hunger March on Washington DC, demanding government aid....

What July 5th Taught Me That July 4th Never Did

What July 5th Taught Me That July 4th Never Did

Growing up in Venezuela and now living in the United States, I’ve always felt caught between two independence days: July 4th and July 5th. Two celebrations. Two flags. Two very different ideas of what it means to be free. In the U.S., the Fourth of July comes with...

Are the Capitalists Destroying Capitalism? Yep.

Are the Capitalists Destroying Capitalism? Yep.

Image by Claudio Schwarz. According to research from the Economic Policy Institute (EPI), “The Productivity-Pay Gap”, May 15, 2025, a majority of Americans’ financial affairs have reached a crisis level. Their standard of living has steadily declined over the past...

Paramount’s Surrender to Trump

The decision by the Redstone family, the major owners of Paramount, to settle a bogus lawsuit with President Trump over a 60 Minutes report he did not like is an extremely dangerous precedent in terms of both the First Amendment and government extortion. Paramount’s...

May Consumption Data Looks Pretty Bad

May Consumption Data Looks Pretty Bad

Photograph by Nathaniel St. Clair Sorry, I’ve been on the road, so not much time for writing. I did want to quickly mention a couple of points about the data on consumption for May which were released on Friday. First, real consumption actually fell in the month. That...

The Good Intentions Road to Tyranny

The Good Intentions Road to Tyranny

Photograph by Nathaniel St. Clair “He who saves his country violates no law,” tweeted President Trump in February. He was echoing a line often attributed to Napoleon. His supporters were electrified by Trump’s tacit invocation of a right to boundless power. The Trump...

The Price of Hunger in the United States

The Price of Hunger in the United States

Photo by Steven Cordes “There is no question or doubt that nobody will starve or go hungry in the United States.” Herbert Hoover spoke those words in 1931, days after thousands of poor Americans converged for a Hunger March on Washington DC, demanding government aid....