Hyper-capitalism has systematically weakened regulations to help capital at the cost of consumers. The verdict on the Elizabeth Holmes case simply illustrates the growing post-’90s disregard for consumers.
Continue readingAmerican Express Goes on a Buying Spree in Argentina’s Congress
An op-ed by Juan Grabois, an important leader in Argentina’s political left, about U.S. corporate efforts to defang an Argentine environmental law.
Continue readingWhy Google Is Facing Serious Accusations of Monopoly Practices
The U.S. Department of Justice filed a lawsuit against Google-Alphabet (Alphabet is Google’s parent company) on October 20 for a range of anti-competitive practices using its monopoly power in the search market.
Continue readingWhy Capitalism Can’t Cure Global Pandemics
Multinational corporations are motivated by profit, which comes from disease, not people’s health.
Continue readingPublic Health and Private Profits Under COVID-19 Pandemic
Coronavirus might be devastating to many countries—including their people’s health and livelihoods—but it seems that pandemics are good for some companies and their stockholders.
Continue readingWhy Sanctions Against Iran and Venezuela During a Pandemic Are Cruel
One would expect that a humanitarian crisis of this magnitude would provide the opportunity to suspend or end all inhumane economic sanctions and political blockades against certain countries.
Continue readingHow Multinationals Pad Their Budgets With the Wealth of Developing Countries
Transfer (mis)pricing: the jewel in every multinational enterprise’s crown.
Continue readingHow Working-Class Movements Are Moving Beyond the Confines of Capitalism
We must rebuild the imagination of the working class and combat the capitalist narrative that has made it easier for us to imagine the end of the world than the end of capitalism.
Continue readingFacebucks Are the Last Thing the World Needs
Facebook’s newest cryptocurrency platform, Libra, is more dangerous than it is practical.
Continue readingDisaster Capitalism in Brazil: Mining Greed Produces a Horrific Death Toll
A mining disaster in the Brazilian town of Brumadinho
Continue readingReality Starting to Creep Into the Billionaire Oasis of Davos
Brazilian President Jair Bolsonaro delivers a speech at Davos in January. His policies are seen as a major threat to forests in the Amazon.
Continue readingThe Cuban Revolution, 60 Years On
Over six decades the United States has tried to undermine the will of the Cuban people. It continues to do so.
Continue readingHow Disaster Capitalism Has Ruined Puerto Rico
And what Cuba can teach the world about going a different route.
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