To donate by check, phone, or other method, see our More Ways to Give page.

×
  • Home
  • jeff merkley
  • lead
  • troy jackson
  • michael brown
  • senate
  • center for biological diversity
  • arizona
  • election 2022
  • self-immolation
  • ukraine
  • russia
  • gaza
  • critical race theory
  • palestine
  • jan 6 insurrection
  • covid-19
  • george floyd
  • black lives matter
  • stacey abrams
  • trumpism
  • kyle rittenhouse
  • georgia
  • selma
  • john lewis
  • marjorie taylor greene
  • jared kushner
  • bernie sanders
  • sarah huckabee sanders
  • joe biden
  • kamala harris
  • jon ossoff
  • raphael warnock
  • election
  • midterm elections
  • big oil
  • fossil fuels
  • workers
  • inequality
  • minimum wage
  • poverty
  • environment
  • africa
  • food
  • hunger
  • animal rights
  • julian assange
  • amnesty international
  • united kingdom
  • wikileaks
  • biodiversity
  • new mexico
  • democracy
  • taxation
  • campaign finance
  • us supreme court
  • public health
  • oxfam
  • afghanistan
  • congressional progressive caucus
  • fight for the future
  • net neutrality
  • open internet
  • free press
  • anti-semitism
  • bend the arc
  • texas
  • cop26
  • 350.org
  • fcc
  • corporate power
  • jamie dimon
  • jpmorgan chase
  • stop the money pipeline
  • coronavirus
  • imf
  • jubilee usa
  • vaccines
  • florida
  • sustainability
  • center for responsive politics
  • amazon.com
  • drug policy alliance
  • marijuana
  • public citizen
  • environment america
  • renewable energy
  • aclu
  • war crimes
  • war on terror
  • immigration
  • refugees
  • arctic national wildlife refuge (anwr)
  • fossil fuel divestment
  • veterans
  • veterans for peace
  • oklahoma
  • racism
  • democratic party
  • people's action
  • republican party
  • us congress
  • budget
  • hyde amendment
  • reproductive rights
  • women
  • food & water watch
  • codepink
  • militarism
  • pentagon
  • us military
  • sunrise movement
  • filibuster
  • us house
  • war on drugs
  • common cause
  • indivisible
  • mitch mcconnell
  • stand up america
  • arctic
  • muslim ban
  • g7
  • patriotic millionaires
  • oregon
  • chris murphy
  • education
  • jamaal bowman
  • civil rights
  • ed markey
  • technology
  • infrastructure
  • moveon.org
  • egypt
  • journalism
  • barack obama
  • epa
  • pollution
  • war on science
  • voting rights
  • environmental working group
  • friends of the earth
  • icc
  • shell
  • methane
  • indigenous
  • line 3
  • healthcare
  • privatization
  • unemployment
  • labor
  • green new deal
  • data for progress
  • islamophobia
  • virginia
  • us department of justice
  • us senate
  • genocide
  • coal
  • iea
  • new york
  • facebook
  • police
  • big pharma
  • justice democrats
  • social security works
  • extreme weather
  • pesticides
  • bds
  • israel
  • plastics
  • fda
  • greenpeace
  • afge
  • alexandria ocasio-cortez
  • arms trade
  • benjamin netanyahu
  • cair
  • minnesota
  • super pacs
  • janet yellen
  • oil change international
  • wall street
  • factory farms
  • extremism
  • endangered species act
  • civil liberties
  • colombia
  • tony blinken
  • paris agreement
  • campaign legal center
  • fec
  • wto
  • criminal justice system
  • philadelphia
  • 9/11
  • center for food safety
  • monsanto
  • central america
  • mexico
  • children
  • mark pocan
  • rashida tlaib
  • chuck grassley
  • aipac
  • chuck schumer
  • jewish voice for peace
  • china
  • guantanamo
  • roe v. wade
  • jay inslee
  • at&t
  • corporate personhood
  • media
  • baltimore
  • naral
  • nina turner
  • center for reproductive rights
  • elon musk
  • jeff bezos
  • earthjustice
  • moveon
  • privacy
  • japan
  • rahm emanuel
  • apartheid
  • progressive international
  • coronavirus relief
  • agriculture
  • federal reserve
  • g20
  • people power
  • pennsylvania
  • wolves
  • demand progress
  • massachusetts
  • union of concerned scientists
  • human rights
  • nafta
  • asia
  • boris johnson
  • idaho
  • debt
  • sudan
  • world bank
  • keystone xl
  • syria
  • ilhan omar
  • kirsten gillibrand
  • usda
  • people for the american way
  • ron desantis
  • conservation
  • chevron
  • ecuador
  • steven donziger
  • deb haaland
  • us department of interior
    Common Dreams. To inform. To inspire. To ignite change for the common good.
    Common Dreams Globe
    LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
    LATEST NEWS
    OPINION
    Common DreamsTo inform. To inspire. To ignite change for the common good.

    european central bank

    Greenpeace activists set up a mock gas station price board displaying Shell's net profit for 2022 outside of the company's headquarters in London

    IMF Says Corporate Profiteering Caused Nearly Half of Europe's Recent Inflation Surge

    "Companies increased prices by more than spiking costs of imported energy," said economists with the International Monetary Fund.

    Jake Johnson
    Jun 27, 2023

    Economists with the International Monetary Fund on Monday echoed what progressive experts and campaigners around the world have been arguing for more than a year: Corporate profiteering has been a key driver of the recent inflation surge.

    In a blog post on Monday, the IMF's Niels-Jakob Hansen, Frederik Toscani, and Jing Zhou wrote that "rising corporate profits account for almost half the increase in Europe's inflation over the past two years as companies increased prices by more than spiking costs of imported energy."

    Keep ReadingShow Less
    corporate power
    corporate-profits
    Alexis Tsipras, leader of the radical leftist Syriza party campaigns at a pre-election rally ahead of the nation's general election on January 22, 2015 in Athens, Greece.

    The Rise and Fall of Greece’s Radical-in-Name-Only Syriza Party

    Lack of experience in governance, ideological confusion, severe structural constraints, crude political opportunism, and broken promises guaranteed that Syriza’s downfall was just a matter of time.

    C.J. Polychroniou
    May 25, 2023

    On January 25, 2015, Greece’s left-wing party Syriza (Coalition of the Radical Left), which subscribed to no particular ideology but ran an election campaign that vowed to end the sadistic austerity measures that had been imposed on Greece by its international creditors, shred the bailout agreements into pieces, write off a big chuck of the debt, and create jobs for hundreds of thousands of unemployed, won the legislative elections by taking 36% of the popular vote. The result of the election sent shock waves through Europe’s political establishment and marked the return of hope for Greece and left-wing parties and movements around the world.

    It was indeed a historic victory for the Left, especially considering the fact that, ten years earlier, Syriza was struggling to gain just a few seats in the Greek parliament. The Communist Party of Greece was far more popular than the Coalition of the Radical Left, whose ranks included an array of leftists ranging from Trotskyists, Maoists, and neo-Marxists to greens and feminists. Indeed, while the Communist party had solid links with working-class people and exerted decisive influence on trade union activism, Syriza’s “impact on civil society was confined to the ideological attraction that it had for a small segment of the academia."

    Keep ReadingShow Less
    alexis tsipras
    greece
    A lock is seen on a gate on the exterior of the U.S. Department of Treasury

    This Is Not a Repeat of the 2008 Financial Crisis, But It Is the Same Capitalist Rot

    Since 2008, governments and central banks have been trying to prop up the banks through a combination of socialism for the banks, and austerity for everyone else. The result is what we see today.

    Yanis Varoufakis
    Mar 17, 2023

    Every systemic banking crisis has a trigger that sets it off. In the case of SVB, the reason for its bankruptcy is twofold.

    Responding to worried questions raised by many about the ongoing banking crisis that started in the US with the bankruptcy of the Silicon Valley Bank (SVB), and is now affecting Japan and other countries, I can offer the following brief analysis.

    Keep ReadingShow Less
    austerity
    capitalism
    Sen. Elizabeth Warren speaks as Treasury Secretary Janet Yellen testifies during Senate hearing

    Losing Global Capitalism's Confidence Game

    As the song goes, 'Something's got to give.' What will it be?

    Robert Reich
    Mar 17, 2023

    I hadn't intended to spend so much time this week on the banking crisis. I'm old enough to remember a time when banking was boring. But since the 1980s, banking has become hugely profitable for bankers and wildly dangerous for the rest of the economy. This week shows why.

    At this moment, the Federal Reserve Bank is sitting on the horns of a dilemma.

    Keep ReadingShow Less
    european central bank
    capitalism

    SUBSCRIBE TO OUR FREE NEWSLETTER

    Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.

    subscribe
    below
    * indicates required
    True
    True
    Follow Us
    Most Popular

    'Are We Really Living in a Democracy?' Asks Sanders After Musk Drops $10 Million on US Senate Race

    'Unchecked Corruption': First US Sale of Venezuelan Oil Goes to Company of Trump Megadonor

    'Grow a F*cking Spine': Critics Fume as Newsom Backtracks on ICE 'Terrorism' in Ben Shapiro Interview

    Trump Declares 'There Can Be No Going Back' as Denmark Deploys More Troops to Greenland

    Fury Grows Over Democrats Who Won't Back ICE Funding Freeze

    The Trump Administration's $3 Meal: 'A Piece of Chicken, a Piece of Broccoli, Corn Tortilla, and One Other Thing'

    Trump Pocketed At Least $1.4 Billion in First Year Back in Office in Unprecedented 'Exploitation of the Presidency'

    Trump Isn't the First to Be Gifted a Nobel Prize He Didn't Win—Joseph Goebbels Got One Too

    'The Fourth Amendment Literally Exists to Prevent This': Memo Claims ICE Can Forcibly Enter Homes Without Judicial Warrants

    'Insane': Trump Threatens 8 Allies With New Tariffs for Opposing Greenland Takeover

    We cover the issues the corporate media never will.
    Please support our journalism.