Coca-Cola killed trade unionists in Latin America. General Motors built vehicles known to catch fire. Tobacco companies suppressed cancer research. And Boeing knew that its planes were dangerous. Corporations don't care if they kill people — as long as it's profitable.
Nicole M. Aschoff is on the editorial board at Jacobin. She is the author of The New Prophets of Capital and the forthcoming The Smartphone Society: Technology, Power, and Resistance in the New Gilded Age.
Democrats have signed off on Donald Trump's latest trade agreements, including NAFTA 2.0. But the rotten deals are nothing to celebrate — they still operate under the absurd assumption that if US companies are profitable, benefits will trickle down to workers.
The Right has hijacked the vision of a life beyond neoliberal globalization. It’s time for a new progressive internationalism, one that puts solidarity and justice over corporate profits.
Google and other giant corporations still aren’t paying their fair share of taxes. We need to demand policies that redistribute our collectively generated wealth.
Democrats and labor leaders are touting the renegotiated NAFTA deal as a win for workers and the planet. Don’t believe them: it’s a pro-corporate framework that will continue to bludgeon working people in Mexico, Canada, and the United States.
Instead of spending billions developing driverless cars we should be building sustainable people-centered transportation.
Tariffs and other forms of protectionism often hurt workers — and trade can help produce good paying, sustainable jobs. But we need to build a trade policy that benefits both US workers and workers in developing countries.
Rallying behind “free enterprise” mythology, American capitalists have long claimed to be gritty underdogs facing off against a rising statism.
Antitrust is, and was, an extremely limited strategy for reining in corporations. We need a broader project to democratize the economy and the state.
Capitalists look at houses and only see dollar signs. But we can win a world where housing isn’t only guaranteed for all, but homes are a place to grow and thrive.
Everywhere you look, the wealthy and powerful are touting “green investing” as a way to fight climate change. It’s not — it’s just a scheme to make some rich people even richer.
Feminism is about fighting for a good life for everyone, regardless of gender, race, or income. We can’t achieve that under capitalism.
The late scholar Immanuel Wallerstein left us with an important message — while the need to elect progressive leadership is urgent, the solutions to the ills of capitalism won’t be found in one country.
For-profit colleges are making Wall Street firms even richer. Bush’s 2008 GI Bill helped make that possible.
With their new statement disavowing “shareholder value,” the CEOs of the country’s biggest corporations are trying to send a message: we feel your pain and we want to do better. They’re empty words, but it’s the latest sign that the masters of the universe are getting nervous about capitalism’s waning popular legitimacy.
Even the Financial Times, the mouthpiece of international business, is suggesting the US needs an industrial policy. But we need one that empowers workers, not American corporations.
The new normal of low interest rates is designed to sooth the palpitations of capitalists, not to improve the lives of working people.
Facebook is joining a long tradition of companies minting their own currency to cement their monopoly over the infrastructure of social and economic life. Now is the time to stop tech titans like Mark Zuckerberg in their tracks — before they amass even more power.
The closing of the Lordstown plant and the recent Chattanooga defeat are the latest crushing losses for US autoworkers. What's worse, the UAW has proven completely incapable of fighting back.
The relationship between private equity firms and workers is zero sum: when they thrive, working-class communities suffer.