Truthout
Capitalism
Mass Unemployment Amid the Pandemic Is an Indictment of Capitalism
Worker co-ops lack capitalism’s irrational fixation on profit, so they are not subject to boom-and-bust job cycles.
The Day Petroleum Was Less Than Worthless
We now know that oil can cease to be important without the Earth tumbling into the sun. Where do we go from here?
COVID-19 Exposes the Delicate Economic Balance We All Live in Under Capitalism
This pandemic makes it clear that under capitalism, the worker is not that far removed from the pauper.
Billionaires Have Paid 79 Percent Fewer Taxes Since 1980
As we emerge from this pandemic, any recovery program should include a tax that limits the hoarding of wealth.
COVID-19 Was a Trigger, But Capitalism Caused the Economic Crash
Naming economic crashes after their triggers only distracts attention from capitalism’s innate vulnerabilities.
Minimum-Wage Workers Are Dying to Keep Everyone Else Alive. They Deserve More.
Low-wage workers are standing between our society and calamity. They deserve health care and a living wage now.
Chomsky and Pollin: To Heal From COVID-19, We Must Imagine a Different World
Will the coronavirus crisis lead to a new way of organizing society?
Sanders “Broke the Spell” of Neoliberalism as Trump Pushes COVID-19 Capitalism
Bernie Sanders “opened up the window of what was possible politically in this country,” says journalist Naomi Klein.
The COVID-19 Pandemic Is Exposing the Plague of Neoliberalism
Decades of neoliberal policies have deeply eroded the notions of public good, social contracts and solidarity.
Chomsky: Ventilator Shortage Exposes the Cruelty of Neoliberal Capitalism
Obama ordered more ventilators, but corporate profit motives derailed the effort, leaving us unprepared for COVID-19.