A GOP-led House bill would lower regulatory barriers, including minimum capital requirements, for new and some existing community banks. A loophole in the legislation could help banking giants circumvent regulations meant to prevent bank failure.Through its PAC, the...
Donald Trump has approved a deal with South Korea to equip its navy with nuclear-powered submarines. Combined with Trump’s aggressive posture toward China, the move will further exacerbate tensions in a volatile region.President Donald Trump reacts as he is presented...
Economic insecurity is rampant in the United States. A program of universal grocery subsidies could help working-class families deal with the cost of living — and be wildly popular.Whereas free cash is widely perceived as an undeserved luxury, free food is not; it is...
Ezra Klein talks with Bhaskar Sunkara about Abundance, Zohran Mamdani’s victory, and why progressives need a state that works at the speed of their ambitions.Ezra Klein: “Creating a left that people don’t fear — because what they’re really afraid of is that the...
Zohran Mamdani’s proposal for an additional 2% tax on incomes over $1 million has provoked gloomy prophecies of elite exodus. Yet a similar policy Massachusetts passed three years ago has not caused the rich to flee and has generated significant revenue.Billionaire...
In the midst of its criminal assault on Gaza, Israel killed hundreds of Palestinian journalists bearing witness to its brutality. It also remade its own press outlets into vehicles abetting genocide. These crimes can’t be swept under the rug.The draped body of...
After years of fighting austerity, real estate, and machine politics from inside city hall, I joined the Democratic Socialists of America because only a mass movement can make those fights winnable.New York City Council member Chi Ossé: “The ultrawealthy are raising...
We know that Donald Trump was extremely close with an incredibly prolific child sex abuser, Jeffrey Epstein. But recent revelations raise another question: Was Trump’s association with Epstein used by Israel to amass political leverage and influence US policy?There’s...
At its recent 50th annual convention, members of Teamsters for a Democratic Union assessed what their organization has achieved in recent years and debated their approach to Donald Trump.Longtime Teamsters for a Democratic Union organizer Ken Paff: “When we started...
Predator: Badlands delivers a fresh spin on the nearly 40-year-old franchise by delving deeper into the alien society at the heart of the franchise. Judging by the impressive box office performance, it’s a rare hit in an otherwise dismal movie season.So much of...
Vivek Chibber describes how four decades of neoliberalism have distorted the radical left, but also how the Left is finally starting to rebuild a truly socialist politics — and what it will take to advance further.The New York City chapter of the Democratic Socialists...
Italian workerism had a big influence on the postwar left. As one of its key thinkers, Mario Tronti had to make sense of a world where those struggles went into sharp decline.Italy’s operaismo tendency argued that workers’ struggles played a key role in the...