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John Cassidy

John Cassidy on Capitalism and Its Critics

The author on capitalism’s critics, why everyone is so unhappy with the system, and what may come next.
A view of Wall Street and Federal Hall in the Financial District in New York City.

In the 1970s, the Left Put a Good Crisis to Waste

In "Counterrevolution," Melinda Cooper reads the 1970s economic crisis as an elite revolt rather than proof of the New Deal order’s unsustainability.
Boiling House at the Sugar Plantation Asunción, Cuba, 1857.

Slavery Was Crucial for the Development of Capitalism

Historian Robin Blackburn has completed a trilogy of books that provide a comprehensive Marxist account of slavery in the New World.
Cotton plants.
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Understanding Capitalism Through Cotton

Looking at the development of cotton as a global commodity helps us understand how capitalism emerged.
Illustration of workers designed like they are a part of a technological apparatus.

How Stanford Helped Capitalism Take Over the World

The ruthless logic driving our economy can be traced back to 19th-century Palo Alto.
Cartoon of ghosts surrounded by environmentally destructive technology.

The Palo Alto System

A new history dispenses with the sentimental lore and examines how Palo Alto has long been the seedbed for exploitation, chaos, and ecological degradation.
Fire truck at scene of California wildfire
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What If Environmental Damage Is A Form of Capitalist Sabotage?

Worker sabotage is a weapon of the weak, but capitalist sabotage causes much greater damage.
Man carrying bundle of sugarcane over his head walking on plank in Guyana sugarcane fields

The Capitalist Transformations of the Countryside

Centuries of capitalism saw the global countryside ruthlessly converted into cheap commodities. But at what cost?
Abstract collage artwork called "the weight of scars."

A Framework to Help Us Understand the World

Out of a common history emerged racism, capitalism, and the whole world. This offers us a clue on how to change that world.
Comic-style drawing of a man standing in the doorway with two others standing in the shadows behind him, all facing away from each other.

The Story of Capitalism in One Family

The Lehman Trilogy proposes that the downfall of a financial dynasty is enough to tell the economic and political history of America.
Black and white photo of construction workers, high up in a building, looking down over industrialized NYC.

The History of the United States as the History of Capitalism

What gets lost when we view the American past as primarily a story about capitalism? 
Political cartoon depicting stock exchange fraud.

Has Capitalism Become Our Religion?

On the myths and rituals of the market, the lost radicalism of the late 19th and early 20th centuries, and the rise of neoliberalism.

Writing the History of Capitalism with Class

The "new history of capitalism" cuts class politics at the expense of history.

Who Segregated America?

For all of its strengths, Richard Rothstein’s new book does not account for the central role capitalism played in segregating America's cities.

The Uses and Abuses of 'Neoliberalism'

Does the term clarify or confuse our understanding of capitalism today?

Massive Rise Of Top Incomes Is Mostly Driven By Capital

All top 1 percent income growth after 2000 came from ownership of capital.

Black and Woke in Capitalist America: Revisiting Robert Allen’s "Black Awakening"... for New Times’ Sake

A look into neocolonialism in modern America.

To Remake the World: Slavery, Racial Capitalism, and Justice

What if we use the history of slavery as a standpoint from which to rethink our notion of justice today?
An apartment building on fire.

Did Racial Capitalism Set the Bronx on Fire?

To some, the fires lit in New York in the late seventies signaled rampant crime; to others, rebellion. But maybe they were signs of something else entirely.
Mike Davis

The Marxism of Mike Davis

On the life, influences, and “sophisticated yet lucid brand of Marxism” of the late, great writer.
Photo of Karl Marx

Red Like Me

A new book shows that Marxism in the US "was never constrained to the reiteration of a set of dogmatic principles one associates with party ideologues."
Tornado over the Texas capitol building.

The History of Eugenics in Texas Isn’t What You Think

A new book unearths a chapter of the state’s story when anti-intellectual fundamentalism was put to good ends.
Samuel Gompers the president of the American Federation of Labor in December 1920.

America’s Brutal Capitalist Class Tamed Its Labor Movement

The unique brutality of the US capitalist class bred a labor movement that has often limited itself to being a private insurance provider.
Karl Marx's face in the American flag

The Marxists Are Coming

Calls to defund the Marxist left and similar mobilizations against rumors of a new red dawn are nothing new.
Trump poster hanging on a federal building, scowling at people below.

If Trump Could Make John Wayne the Head of Homeland Security, He Would

Trump mixes restoration with revolution—his reactionary modernism wooed Silicon Valley, but for everyone else, it signals looming repression.
Book cover for The Invention of Design by Maggie Gram features a phone cord snaking around text.
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Irrelevant at Best, or Else Complicit

The state of design in 1970.
Cover of book. Red text on a blue background with stickers of Karl Marx's face arranged like the 50 stars.

Marx: The Fourth Boom

Were you to vanish Marx from every library, you’d destroy the central interlocutor around which most of capitalism is built.
AFL-CIO president Lane Kirkland stands behind a podium speaking into an array of microphones.

When US Labor Backed US Imperialism

After the successful purges of leftists from unions, US labor leaders were enlisted by government officials to join in their global imperialist operations.
Friedrich Hayek

Hokey Cowboy: Is Hayek to Blame?

Hayek suspected that nothing about the vindication of neoliberalism was likely to be straightforward.
Malcolm X

What Made Malcolm X Dangerous

He challenged the violence of US power, abroad and at home. His radical internationalism, from Congo to Palestine, speaks to our moment.

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