Author: Scott Cooper

What’s Next: Stimulus or Austerity?

Joe Biden will become president at a moment when the global economic downturn poses a critical question for U.S. capital: austerity or stimulus? The answer appears to be federal stimulus and austerity through state budgets. However it plays out, capital calls the shots.

Two Japanese stock traders watch President Trump's speech on TV on Election Night 2020

World Markets Rattled by Election Uncertainty

Capitalism craves the certainty of a steady rate of profit, based on assurances that exploitation can chug along from day to day as it always has. The uncertainty of the U.S. presidential election, with no winner declared, is creating much-despised volatility in markets across the globe.

The Enduring Legacy of the Greensboro Massacre

On November 3, 1979, members of the Ku Klux Klan and American Nazi Party gunned down anti-racist, pro-union protesters gathering for a march and rally in Greensboro, North Carolina. The cops, who knew the attack was coming, stood by until the killing was done.

Under Capitalism, Hunger Is Always Just Around the Corner

Another U.S. presidential election campaign is nearly over. There’s been hardly a word from the major-party candidates about one of the most pressing issues confronting more and more people across the country: hunger.

Stocks Fall, GDP Rises, Workers Always Take a Beating

Regardless of who wins the election next week, the economy is tanking. Rather than recovery, the pandemic and coming recession promise more market volatility and more hardship for the working class. What do the most recent numbers tell us?

What’s Next: Stimulus or Austerity?

Joe Biden will become president at a moment when the global economic downturn poses a critical question for U.S. capital: austerity or stimulus? The answer appears to be federal stimulus and austerity through state budgets. However it plays out, capital calls the shots.

Two Japanese stock traders watch President Trump's speech on TV on Election Night 2020

World Markets Rattled by Election Uncertainty

Capitalism craves the certainty of a steady rate of profit, based on assurances that exploitation can chug along from day to day as it always has. The uncertainty of the U.S. presidential election, with no winner declared, is creating much-despised volatility in markets across the globe.

The Enduring Legacy of the Greensboro Massacre

On November 3, 1979, members of the Ku Klux Klan and American Nazi Party gunned down anti-racist, pro-union protesters gathering for a march and rally in Greensboro, North Carolina. The cops, who knew the attack was coming, stood by until the killing was done.

Under Capitalism, Hunger Is Always Just Around the Corner

Another U.S. presidential election campaign is nearly over. There’s been hardly a word from the major-party candidates about one of the most pressing issues confronting more and more people across the country: hunger.

Stocks Fall, GDP Rises, Workers Always Take a Beating

Regardless of who wins the election next week, the economy is tanking. Rather than recovery, the pandemic and coming recession promise more market volatility and more hardship for the working class. What do the most recent numbers tell us?