First CVS bled Rite Aid dry with half a billion in retroactive fees, then it bought the corpse and called it consolidation. For consumers, the result is higher drug costs. Bankruptcy trustees say CVS Caremark imposed fraudulent fees that helped sink Rite Aid, then...
Danielle Smith, Alberta’s leader, is fusing libertarian dogma with oil-soaked grievance politics. It’s Canada’s version of the New Right, dressed up in provincial pride. Danielle Smith has turned the Canadian province Alberta into a testing ground for austerity...
Donald Trump’s No Tax on Tips policy is a major part of his appeal to working-class Americans. But tipping is itself a strange and flawed system invented to preserve inequality. Critics worry Trump’s policy will only intensify tipping culture. Americans think tipping...
Grassroots worker organization and mobilization is essential to the success of any socialist electoral project. But socialists in executive office can’t neglect other elements, like maintaining wide popular support and alliances within the state. To exert real...
Chipmaker Intel has been laying off thousands of its American workers — as it rakes in billions in subsidies from the US government and lavishes multimillion-dollar severance and compensation packages on its former and current CEOs. Lip-Bu Tan, CEO of Intel, departs...
In a close election, 1,200 battery plant workers at the BlueOval SK Battery Park in Kentucky voted to join the United Auto Workers this week. The ultimate outcome of the vote will hinge on 41 ballots that the union is challenging. UAW members participate in a rally...
The policy solutions to poverty are simple: redistribute capital ownership and expand the welfare state. Poverty hits people as they move in and out of different life stages and events: job loss, disability, divorce, having children, family deaths. When they do, they...
Polish president Karol Nawrocki is shutting off welfare benefits for Ukrainians in Poland. Earlier welcomed as refugees, Ukrainians are now pushed into a role as second-class guestworkers in their host country. By blocking an extension of provisions first introduced...
The Russian Marxist Yevgeni Preobrazhensky drew up one of the most sophisticated blueprints for building a socialist economy in an underdeveloped country like Russia. Stalin’s terror silenced Preobrazhensky, but his writings are now being rediscovered. Yevgeni...
Spike Lee’s Highest 2 Lowest attempts to remake a beloved Akira Kurosawa film about the injustices of a class-stratified society all while sidestepping class. Even Denzel Washington can’t save this misfire. Denzel Washington in Highest 2 Lowest. (A24) I tried to give...
The pandemic caused unprecedented disruption to the global shipping of oil, but the industry survived with the help of massive state intervention. Control over the oil trade is a vital tool of economic power that the US is determined to retain. The Phoenix AN tanker...
Hurricane Katrina hit New Orleans 20 years ago today. In the years after the storm, the city became a laboratory of Frankenstein proportions for the most extreme forms of privatization and deregulation. In the wake of the sheer devastation of Hurricane Katrina, public...