Three years after Hugo Chávez’s death, Venezuela is in a state of social and economic breakdown. Plummeting world oil prices have gutted the coffers of successor President Nicolás Maduro’s government, which gets 95 percent of its revenue from oil. As the treasury dried up, the government subsidies people depended on have vanished – and with… Read more »
Posts in: economy
As homelessness soars in Los Angeles, politicians pretend to care
Yes. LA has a housing and homelessness problem. No news there. And it’s probably not news that many solutions are continually rejected by politicians and developers — capitalists all! The problems are myriad. Thrust onto the cement by sky-rocketing rents, foreclosures and evictions, homeless people routinely face the indignities of life without walls, where nothing… Read more »
6 economic myths debunked: Fact-checking the conventional wisdom
Before, during, and after this election season, there are several economic myths that the capitalist system and its two party political representatives perpetuate, manipulate, downplay and upsell to justify their existence. We are going to examine, nay, debunk, six of these myths. 1. Immigrants take away “American” jobs. Whenever the ruling class needs to stoke… Read more »
Affirmative action = class solidarity
The election to the presidency of a man who stoked the fires of racial resentment and misogyny sparked protests by thousands in cities across the U.S. Now working people need to plan the next steps in stopping a potential right-wing dystopia. High on the list should be a drive to restore affirmative action, one of… Read more »
Freedom Socialist opinion: Off with their heads!
So, did you hear the one about the eight richest men in the world? Unfortunately, it was no joke. Obscene and surreal as it is, they own more than half of the global population does. That’s over 3.6 billion people. This from a report that Oxfam, the international anti-poverty organization, publishes before the World Economic… Read more »
Freedom Socialist editorial — Harsh austerity hits Greeks once again
European bankers should cancel the debt.
In Puerto Rico, colonialism is alive and well
Congressional “solution” to the debt crisis threatens island livelihoods
Grecia, el Triángulo Imposible
“Esto puede fallar, pero vale la pena intentarlo porque todas las otras opciones son peores,” escribió al final de su reciente mea culpa Dominique Strauss-Khan, ex director del Fondo Monetario Internacional, en el que admite que las políticas del FMI para Grecia fracasaron y propone operar una cuantiosa reducción de la deuda pública. El hecho… Read more »
Greece: The Impossible Triangle
“This may fail but it is worthwhile to make it happen because all the other options are worse,” wrote Dominique Strauss-Khan, the ex-director of the IMF, in a mea culpa in which he admits the failure of the IMF measures and proposes a substantial reduction in Greece’s public debt as a remedy. The fact that… Read more »
May Day 2014: Clasping Hands across Borders
The May Day holiday that is now celebrated all over the world, known as International Workers’ Day in many places, was born in the struggle of U.S. anarchists, socialists, and other radicals for the eight-hour day, a fight that often cost these brave workers their lives. The campaign was led largely by European immigrants to… Read more »
Events
See what’s happening at a branch near you!
