Elon Musk’s cuts may have “saved” the public less than half a percent of the national debt, but they are already making Americans poorer and sicker and forcing them to spend hours waiting on phone help lines. Elon Musk during a cabinet meeting at the White House in...
Australia’s right-wing Liberal Party is in freefall, while Labor — now the party of capital — is set to retain its parliamentary majority. It’s a historic transformation, rooted in the demise of Australian 20th-century social liberalism. Peter Dutton speaks during the...
Donald Trump is granting tariff exemption deals to wealthy donors and politically connected businesses, echoing the corrupt tactics of his first term. But this time, he’s fired the government watchdog that raised the alarm about them. President Donald Trump speaks to...
Donald Trump’s nominee for Internal Revenue Service director, Billy Long, just had his six-figure debt paid off by campaign donors whose firms are under scrutiny by the IRS for potential tax fraud. Billy Long listens during a House Ways and Means Committee hearing in...
What caused Donald Trump to walk back on many of his tariffs last week was not domestic pressure but a run on the market for US Treasuries led by large institutional savers. If US debt is no longer a safe asset, then American hegemony is also at risk. US president...
The Left’s predicament today is not that there is no opposition or resistance and not that the Right has all the power. It’s the sense that we lack the levers of power we once wielded. Members of the United Auto Workers Local 230 and their supporters walk the picket...
Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling global trade war. His reported direct line to the Trump administration shows how the superrich are working to defend their billions....
United Auto Workers president Shawn Fain explains his union’s position on tariffs and argues that we need a political movement that puts working-class people first to address the current political crisis in the US. UAW president Shawn Fain speaks at a rally on October...
Factory jobs are not inherently good jobs. Even if Donald Trump’s trade policies bring factories back to the United States, workers need unions to make those jobs well-paying and safe — and Trump has been the most anti-union president in years. United Auto Workers...
Vladimir Mayakovsky was a great poet of the October Revolution. Yet at the start of World War I, the young futurist had embraced the spirit of war — before seeing what it really meant. Vladimir Mayakovsky at his exhibition 20 Years of Mayakovsky's Works in July 1893....
Donald Trump is hoping his tariffs will goad his liberal opponents into touting free trade and scoffing at the working class. Democrats don’t have to take the bait. President Donald Trump speaking in the Rose Garden at the White House on April 2, 2025, in Washington,...
In Salvadoran president Nayib Bukele, Donald Trump sees a far-right authoritarian who has something he doesn’t: an actual popular mandate. President Donald Trump welcomes President Nayib Bukele of El Salvador to the White House on April 14, 2025, in Washington, DC....