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Economic Conditions and Hollow Victories
Among the very few things to look forward to on Labor Day is Jack Rasmus’s annual report on the state of US labor. Rasmus, an accomplished political-economist, riffs on the famous Frederick Engels book with Labor Day 2024: The Condition of the American Working Class Today. It may come as a surprise to some, but […]
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Is There an Answer to Inflation?
Inflation is a scourge on those cursed with living under the capitalist order. It especially punishes those least able to weather the pain of constantly falling behind rising prices and expanding debt. Inflation harms nearly all working people whose income growth trails the rise in prices, including those with union contracts that bridge periods of […]
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Blood and Oil in the Orient: A 2023 Update
The Hamas-Israel War The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between the Zionist and Palestinian national movements, to the deep hostility between the Rabbinate and Islamic churches, to the […]
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