economy
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Analysis
PSL Editorial – State of the Union: Biden presents disaster as success
Joe Biden’s speechwriters had a difficult task tonight – how can the near-total failure of an administration to deliver on…
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Analysis
PSL Editorial – Make the capitalists pay for the inflation crisis
We need a nationwide price freeze in which hiking the cost of key goods is prohibited by the government.
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The Socialist Program
Inflation Crisis & the March Towards Recession
The capitalist class remains determined to drive the economy off a cliff to eviscerate workers’ living standards and bargaining power.
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Analysis
PSL Editorial – Energy crisis shows urgent need to end sanctions on Russia
Workers are now paying the price for politicians’ extraordinarily reckless approach to the war in Ukraine, facing soaring heating costs…
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Analysis
PSL Editorial – Translating Fed Chair Powell’s big speech on inflation
Powell employed a favorite trick of capitalist economists – use stale, technical language unfamiliar to the vast majority of people…
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Analysis
PSL Editorial – The ‘Inflation Reduction Act’ doesn’t even come close
Only a bold program of social transformation aimed at tackling inequality in all its forms can mobilize people in sufficient…
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Analysis
PSL Editorial – Make no mistake about it, the economy is still in crisis
When workers go to the grocery store or the gas station, no one feels that the economy is in recovery…
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Analysis
As New Hampshire energy costs double, Gov. Sununu goes to bat for corporate profits
Governor Chris Sununu (R) and his administration blame the price hikes on "uncontrollable market forces" while making policy choices that…
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The Socialist Program
How the Ultra-Rich Hide their Billions
Banks and corporations move in the shadows, concealing their operations and vast wealth. What are the ultra rich up to…
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The Socialist Program
How to Tackle the Inflation Crisis in the Interests of the Working Class
Walter Smolarek and Prof. Richard Wolff discuss how the Federal Reserve raised interest rates at the highest rate in over…
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