The techniques Russian billionaires use to avoid taxes and hide their wealth are the same ones American billionaires use. In fact, they often execute them with the help of the same Western companies.
Luke Savage is a staff writer at Jacobin.
As workers struggled throughout the pandemic, Wall Street bonuses hit a nearly 15-year high.
Democrats pledge to fight corporate interests while on the campaign trail, yet those interests are deeply embedded in the party’s networks and institutions. The political consulting industry is at the core of this conflict.
Most have never heard of Aleksandr Dugin or his obscure Traditionalist philosophy. But both have quietly become important influences on Russian politics over the past few decades.
Jordan Peterson’s recent musings on what he calls “postmodern neomarxism” — enriched by hours of careful research on Wikipedia — are a reminder that when it comes to intellectuals, the reactionary right isn’t sending its best.
Justin Trudeau’s government loves to tout its commitment to combating inequality. Now it’s pushing a special tax break for private jets.
Amid Russia’s invasion of Ukraine, a chorus of voices is trying to convince ordinary consumers that paying higher gas prices is some kind of patriotic act. Big Oil doesn’t need the extra profits — it needs to have those profits taxed away.
Under free and democratic conditions, millions of American workers would probably join a union tomorrow. Thanks to laws heavily slanted toward bosses, unionization votes resemble the sham elections of tin-pot dictatorships.
For right-wing advocates of so-called pro-worker conservatism, the Canada trucker protest known as the Freedom Convoy should have been a breakthrough. But the entire idea that conservatives care about the interests of working-class people is a mirage.
Conservatives at the state level have adopted slogans like “individual freedom” and “choice” — to brazenly and hypocritically push measures that punish people for discussing banned topics or expressing the wrong opinions.
In his first State of the Union address, Joe Biden commendably stuck to most of the progressive policy stances he campaigned on in 2020 — but steered clear of identifying or pointing fingers at those culpable for the injustices he claims to want to remedy.
New polling finds that a near supermajority of black residents in Jefferson Country, Alabama, back the worker-led effort to unionize the massive facility in Bessemer.
The child poverty rate has exploded, with over 3.7 million children sinking below the poverty line thanks to the expiration of Joe Biden’s Child Tax Credit program. The disaster proves that poverty in a rich country is a choice its government makes.
Last week’s paint-by-numbers attack on members of the Squad, vaguely sourced to “top Democrats,” is another sign that party leaders are resigned to defeat and looking to blame the Left — and that “nonideological” Beltway journalists are eager to help.
Libertarian think tanks are already gearing up to make the dystopian case for extending private property rights to the Moon. It’s a blueprint for expanding the power of the world’s plutocrats on a scale never seen before.
Once again, pundits have begun beating the drums for a presidential ticket split between a Democrat and a Republican in 2024. It’s a return to the elitist thinking that was still dominant in 2016 — and a recipe for disaster in the fight against the Right.
Centrist liberals want to bolster the Supreme Court’s political legitimacy. Conservatives want to use it to advance minority rule. But as a new appointment looms, there’s a better alternative: loosening the court’s undemocratic stranglehold on US government.
Noxious reactionaries are leading Canada’s trucker protests in response to COVID policies. Those reactionaries will continue to gain ground as long as government pandemic responses keep ignoring how average people’s most basic needs aren’t being met.
Joe Biden secured an early PR coup by pledging to end US support for the war in Yemen. But today, Yemen’s brutal humanitarian crisis is ongoing — and the promised shift in American support has mostly been illusory.
Rotterdam has been forced to walk back the dismantling of a historic bridge to make way for Jeff Bezos’s superyacht. But the incident is a reminder that billionaires’ obscene wealth isn’t just about hoarding resources — it’s also about undermining democracy.