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

×
      LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
      LATEST NEWS
      OPINION

      socialism

      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
      Opinion
      capitalism
      street sign showing Capitalism and Socialism

      GOP's Anti-Socialism Resolution Turns a Blind Eye to US Allies

      Without many socialist leaders in the mid-20th century, noted one Democrat, Stalinism might have prevailed.

      Edward Hunt
      Feb 19, 2023

      The anti-socialism resolution passed by the House of Representatives earlier this month sent a chilling message not only to socialists in the United States but to many U.S. friends and allies around the world.

      By backing a resolution that “denounces socialism in all its forms,” policymakers condemned a broad range of U.S. partners who have implemented various kinds of socialist policies. As several House members acknowledged during the debate over the resolution, the United States has a long history of working with socialist allies and trading partners around the world.

      Keep ReadingShow Less
      Opinion
      Socialism
      Aguilar, Pelosi, Jeffries

      Progressives Warn House Anti-Socialism Resolution Backed by 109 Dems Is Step Toward Slashing Safety Net

      "This resolution is little about intelligent discourse and everything to do about laying the groundwork to cut Social Security and Medicare," said Rep. Mark Pocan, one of 86 House Democrats who voted against the measure.

      Brett Wilkins
      Feb 02, 2023

      More than 100 U.S. House Democrats—including some of the wealthiest members of Congress—joined with Republican lawmakers on Thursday in passing a resolution "denouncing the horrors of socialism," a largely symbolic gesture that opponents warned is nonetheless a step toward slashing Social Security, Medicare, and other safety net programs.

      House Concurrent Resolution 9, which "denounces socialism in all its forms and opposes the implementation of socialist policies in the United States," was introduced by Rep. María Elvira Salazar (R-Fla.), the staunchly anti-communist daughter of Cuban exiles who once interviewed then-Cuban President Fidel Castro for Telemundo.

      Keep ReadingShow Less
      News
      socialism resolution
      SIGN UP FOR OUR NEWSLETTER
      Quality journalism. Progressive values. Direct to your inbox.
      Follow Us
      Most Popular

      Rupert Murdoch Lies at the Heart of Democracy's Destruction Worldwide

      'I Will Burn the Session to the Ground' Over Anti-Trans Bill, Says Nebraska Democrat

      East Palestine Soil Contains Dioxin Levels Hundreds of Times Over Cancer Risk Threshold

      'Important Victory' for Florida Higher Ed: Court Upholds Block on DeSantis Censorship Law

      South Carolina Bill to Execute People Who Have Abortions Gets Support From 21 Republicans

      'They're Such Cowards': GOP Pushes Bill Targeting Food Aid for the Poor

      Deadly Disinformation – The Underreported Scandal at the New York Times

      It's Clear the GOP Is a Party of Death, Not Life

      After Brutal Assault, Yanis Varoufakis Urges Progressives to Focus on 'What Really Matters'

      GOP Author of Bank Deregulation Law Says 'No Need' for Tougher Safeguards

      SUPPORT OUR WORK.
      We are independent, non-profit, advertising-free and 100%
      reader supported.