What happens when reality hits delusion? U.S. mythology and fantasy will remain resilient. Denial, doubling-down, scapegoating, recrimination and more audacious adventures are the instinctive responses, writes Michael Brenner.
The collapse and bailout of Silicon Valley Bank shows little has changed for reckless financial actors, writes Les Leopold. If financial institutions are so interconnected that we can’t let them fail, they should be run as publicly owned utilities.
As the toxic aftermath of the major Norfolk Southern derailment plays out, Railroad Workers United calls for public ownership of a system beset with “profiteering, pillaging and irresponsibility.”
Considering how eagerly the financial press solicits the views of the former U.S. Treasury secretary, Jeff Hauser and Max Moran would like reporters to ask him about his involvement with a crumbling company.
Diversity is important. But when it is devoid of a political agenda it recruits a tiny segment of those marginalized by society into unjust structures to help perpetuate them.
For an explanation of the massive inflationary wave that is now cresting on the world and causing widespread suffering and instability, Vijay Prashad turns to U.S. economic policy.