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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    oligarchs

    A line of DHS police.

    The ICE Barbarians Are at the Gates

    They’re trying to convince all colors that resistance is futile, that Trump is all-powerful, and that a totalitarian government with him as its head is inevitable.

    Robert Lipsyte
    Feb 27, 2026

    In early February, the barbarians reached my gate. There could be no more comfort or denial here on this island where I live. The masked thugs were roving through a town just across the water, a short ferry ride away, harassing and arresting long-time residents.

    I was shocked, but not surprised. What do we do now? Yes, we all knew they were coming, still….

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    Opinion
    immigration and customs enforcement
    Koenigsegg

    Pedal to the Metal on California's Billionaire Tax

    I have no problem with hitting billionaires with a much higher tax bill than they now face. The deeper issue is how to prevent the creation of billionaires in the first place.

    Dean Baker
    Jan 28, 2026

    A coalition of unions and other progressive groups is trying to get an initiative on California’s ballot this fall which would impose a 5 percent tax on the wealth of the 200-250 billionaires living in the state. The tax would be retroactive, so it applies to billionaires who lived in the state as of January 1 of this year. The supporters estimate that it could raise $100 billion, almost 30 percent of the state’s annual budget, although the tax could be paid over five years.

    Many people have asked me what I thought about the tax. I confess to originally being hesitant. I have no problem with hitting billionaires with a much higher tax bill than they now face. After all, they are the ones with the money.

    Keep ReadingShow Less
    Opinion
    billionaires
    Trump announces new Navy fleet.

    Our Unequal Economy Means the US Can't Quit War

    The unprecedented concentration of wealth in the hands of a group of oligarchs pushes the United States toward a military economy.

    Emanuel Pastreich
    Dec 29, 2025

    The United States is drawn to war on every front, like a moth to a candle. It does not matter that Americans are sick of foreign wars stretching back 25 years in Afghanistan, Iraq, Syria, Libya, and now Venezuela, wars that have bankrupted the nation. It has no effect that the United States lacks the economic, technological, and manufacturing capacity necessary to sustain a conventional war. Nor would the United States likely win an unconventional war employing nanotechnology, biotechnology, and information warfare.

    The critics allowed to appear on TV like John Mearsheimer and Jeffrey Sachs attribute this warmongering to the foolishness and the ignorance of political leaders like President Donald Trump, or to the incompetence of bureaucrats. They intentionally avoid any analysis of the economic structure of the United States, or the role of multinational banks and corporations in the formulation of policy. Their only explanation for the drive for war is the foolish actions of a “few bad apples.”

    Keep ReadingShow Less
    Opinion

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