Jacobin

Investors and Elon Musk insiders have captured the massive gains of SpaceX’s record-breaking IPO, while ordinary households are left holding risk they never chose to take on — and facing the downstream consequences of extreme inequality.

Long before Fidel Castro, José Martí warned that Cuban independence would mean little if US domination replaced Spanish rule.

Worrying about whether AI can do your job is a blind alley, Cory Doctorow argues. The real danger is AI’s bubble: a speculative fantasy built on convincing bosses to replace workers with systems that can’t actually do what their salesmen promise.

The far-right Abelardo de la Espriella won Colombia’s presidency in the tightest race in decades. To carry out his extremist agenda, he’ll have to go through a Colombian left that, in terms of congressional and people power, has never been stronger.

After the EU Parliament passed legislation last week to detain and expel more migrants, some lawmakers chanted “Send them back.” The anti-migration measures were pushed by the far right — but passed thanks to centrist pro-EU parties.

Gasland director Josh Fox’s new HBO documentary, The Welcome Table, argues the climate emergency is inseparable from empire, capitalism, and the fight for universal freedom of movement.

Far-right candidate Abelardo de la Espriella eked out a marginal victory over his left-wing opponent Iván Cepeda in Colombia’s presidential race after crude election interference by the US government. The outcome is a major threat to democratic rights.

Longtime Federal Reserve Chairman Alan Greenspan is often thought of as a free-market dogmatist. In reality, he was something far worse: an ideologically flexible but devoted servant of the powerful and a leading organizer of the war on US workers.

In 1911, Socialist representative Victor Berger attempted a task that we must complete.

Andy Burnham says he wants to end 40 years of neoliberalism. But even if he becomes prime minister, the Labour Party is running out of time to show it’s on the side of working-class communities.

June 23, 2016, has gone down as the day Britain departed from the mainstream by voting to leave the European Union. In reality, British politics was a few steps ahead of the curve, as the EU itself has become a vehicle for the anti-immigrant far right.

Palestinian American organizer and socialist Aber Kawas, endorsed by Zohran Mamdani, speaks to Jacobin about her campaign for New York’s state senate, her family’s history with ICE deportations, and tying the pro-Palestine movement to US domestic politics.

The Young Patriots were a group of radical poor white Southern migrants in Chicago who allied with the Black Panthers. Their use of the Confederate flag makes them an enduring object of fascination. A new book recounts the true story.

Erling Braut Haaland might seem like an especially showy millionaire footballer. He’s also the product of Norway’s inclusive, publicly funded model of kids’ and youth football — a system the United States can still only dream of.

The SpaceX IPO made Elon Musk the world’s first trillionaire — and exposed the hollowness of the claim that the stock market has been democratized. Nearly 90% of stocks are owned by the wealthiest 10%, and that skew is only getting more extreme.

Keir Starmer marketed himself as a human rights lawyer who stood up for the downtrodden. As Britain’s prime minister, he showed nothing but contempt for human rights law, and he now leaves behind a disgraceful record of authoritarian policies.

Experiments with a shorter workweek have shown that working fewer hours improves worker well-being and productivity. But we can’t expect employers to implement this transformative change of their own volition.

The Left argues that workers deserve the fruits of their own labor, while the Right says that some workers contribute much more than others and so deserve higher pay. But that claim overlooks the dependence of individual contributions on collective labor.

Every time our economic system generates another crash, the state is on hand with public money to bail out private losses. It’s time we stopped seeing bailouts as individual episodes and recognized them as a core feature of contemporary capitalism.