Capitalist crisis

Silicon Valley Bank collapses, the bailout has begun

March 11 — Silicon Valley Bank, the 16th largest in the U.S., was shut down on March 10 and ...
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The impending world recession

The IMF managing director Kristalina Georgieva has now openly admitted that the year 2023 will witness the slowing down of ...
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High prices, low pay: a Marxist analysis of inflation

Based on remarks at the Socialist Unity Party national plenum on Aug. 13. The global working class is being hit ...
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Wages, prices and the minimum wage

Today the federal minimum wage is $7.25! Let that sad fact sink in. Right now you can barely buy a ...
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Capitalist profit drive fuels war, inflation, wage loss

President Joe Biden used the phrase “Putin’s price hike” again in a reaction to the June 10 Consumer Price ...
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Dollar dominoes

Will Washington’s seizure of $300 billion Russian assets end domination of dollar as global currency? On Feb. 26, the U.S ...
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Washington’s economic war on Russia (and Germany)

In February, President Joe Biden made it clear that the U.S./NATO military escalation in Europe was not about Ukraine. Since ...
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Biden gives Big Oil a win, gas prices going up

On Feb. 22, President Joe Biden announced new sanctions on Russia and on the company that built Nord Stream 2 ...
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In response to capitalist economic turmoil, war funding soars

Wall Street and the stock market have been like a roller coaster. On Jan. 24, stocks were falling, with the ...
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Baltimore protest demands relief for unemployed

On July 6, the Unemployed Workers Union (UWU) picketed the Maryland Labor Department office in Baltimore, demanding an emergency meeting ...
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