Germany’s new chancellor, Friedrich Merz, increasingly pitches himself as a pragmatist akin to Angela Merkel. But his mantra of stable leadership has its limits, with the far right on the rise and Germany beset by dismal economic prospects. Friedrich Merz speaking to...
Jacobin
Narendra Modi Has Ruled in the Interests of Big Capital
The defection of big capital from the Indian National Congress to the Bharatiya Janata Party was a crucial factor in Narendra Modi’s rise. Since 2014, Modi’s government has pushed neoliberal policymaking further and faster than any previous regime. Narendra Modi...
Big Pharma Puppet Groups Are Keeping Your Drug Prices High
Six so-called patient advocacy groups are working to advance corporate profits in the pharmaceutical industry by routinely lobbying in line with Big Pharma’s priorities and opposing drug price negotiations. Pharmaceutical companies are leveraging the legitimacy of...
Meet Russell Vought’s Foot Soldiers in Trump’s OMB
As Russell Vought and the Office of Management and Budget more explicitly become the engine of Donald Trump’s second term, a handful of little-known appointees at the agency may point the way to its future. Russell Vought during a cabinet meeting at the White House in...
Before Luigi Mangione, There Was Gaetano Bresci
Gaetano Bresci was a 30-year-old anarchist who assassinated the king of Italy in 1900. The establishment press cast him as a madman, but many ordinary Italians saw his actions as due vengeance for the state’s bloody repression of workers’ protests. Illustration of...
Bernie and AOC, Put Your Platform on the Ballot
Bernie and AOC have a national platform, an energized base, and the infrastructure to gather small donations. Now they need winnable policies to back. It seems impossible in the MAGA-controlled government — unless they turn to state ballot initiatives. Alexandria...
Is the Moody’s Downgrade the End of American Exceptionalism?
Moody’s decision to downgrade the US’s credit rating is a slap on the wrist. In the past, the US might have dismissed it, but investors are signaling they think America is fundamentally untrustworthy — and they may soon put hard limits on Trump's program. President...
What Made Malcolm X Dangerous
Malcolm X challenged the violence of US power, abroad and at home. Donté Stallworth writes about how Malcolm’s radical internationalism, from Congo to Palestine, speaks to our moment. Malcolm X at the Lenox Hotel, Boston, Massachusetts, 1964. (Robert Elfstrom / Villon...
Capitalism Is Changing, but Not Into “Neofeudalism”
Some left writers have argued that contemporary capitalism is mutating into a form of “neofeudalism” as tech barons run amok. But what we’re actually witnessing is an important shift within rather than a transition from capitalism. Mark Zuckerberg, Lauren Sanchez,...
Trump’s IRS Pick Promised Tax Benefits to Finance CEO
Trump’s pick to head the IRS, Billy Long, was invited to attend Donald Trump’s inauguration as the guest of an executive who said Long promised him benefits for his financial services company. Billy Long testifying during his Senate Finance Committee confirmation...
Pavement Made Music About Selling Out Without Selling Out
Pavement, one of the most celebrated indie rock bands of the 1990s, grappled with the challenge of making a living from music without slotting into the corporate machine. A new documentary recreates the group’s spirit for a very different cultural age. Stephen...
How Social Reactionaries Exploit Economic Nostalgia
Conservatives think we need to resurrect traditional hierarchies to reverse social decline. But what Americans miss about mid-century America isn’t the chauvinistic cultural values — it’s the economic equality created by strong unions and worker power. Vintage...