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Political cartoon depicting busts of Ronald Reagan, Milton Friedman, and Alan Greenspan on a mantle with spider webs.

The End of Milton Friedman’s Reign

The Chicago school ruled supreme over economics—until recently.
A hand reaches for stacks of coins and bills, superimposed on photos of factory smokestacks.

Profit, Power, and Purpose

The greatest challenge presented by modern corporations, small as well as large, involves purpose.
Milton Friedman in front of a graph.

The Myth of the Friedman Doctrine

Friedman's viewpoint went far deeper and has been more lasting than the politics of 1970.

Hamilton’s System

Who is the father of American capitalism?
A view of the campus of New College of Florida in Sarasota, Fla,. on Jan. 19, 2023.
partner

The History Behind the Right's Effort to Take Over Universities

The right has had qualms about universities since the 1930s.
The low water level at Woodhead reservoir.

The “Tragedy of the Commons” Is a Dubious, Right-Wing Concept

The environmental crisis isn’t the result of the “tragedy of the commons.” It’s the result of the commons’ theft and privatization for profit.
Abacus, mathemeticians, and zeros and ones.

How Everything Became Data

The rise and rise and rise of data.
Eugene V Debs speaking at a rally, c1912-18. Photo courtesy the Library of Congress.

For Socialism and Freedom: The Life of Eugene Debs

How Eugene V. Debs turned American republicanism against the chiefs of capitalism – and became a true crusader for freedom.
The "fangs" of private equity dripping blood on the U.S. economy.

Conspicuous Destruction

Two books argue that private equity created an economic order in which getting rich quickly preempts other values, undermining companies and evading the law.

The Spanish-Speaking William F. Buckley

Buckley’s seldom-acknowledged fluency in Spanish shaped his worldview—including his admiration for dictators from Spain to Chile and beyond.
UAW workers at a strike event.

Revaluing the Strike

Rather than viewing strikes as a last-resort bargaining tactic, the labor movement must embrace them as engines of political transformation.
Protesters and tenants facing displacement hold placards as they attend a rally against private equity-backed firm Greenbrook Partners in Brooklyn, New York on October 15, 2021.

Shared Terrain

The neoliberal order has been exposed as fraudulent, inefficient, and inequitable. Yet it hardly lies in the dustbin of history.
Cover of a book on President Bill Clinton's failures.

The Left Can’t Stop Wondering Where Bill Clinton Went Wrong. The Answer Explains a Lot.

Clinton’s role in decoupling the Democratic Party from mainstream labor, first in Arkansas and then nationally, had dire consequences.
Wood engraving of streets and buildings in a city scene.

The World That Municipal Socialists Built

Urban socialists blazed a path toward social democracy. Leftists who want to reclaim this tradition face a whole new set of obstacles.
A Silicon Valley office building.

Better, Faster, Stronger

Two recent books illuminate the dark foundations of Silicon Valley.

The Life of the Party

In his latest book, Michael Kazin argues that the Democrats have long sought to build a “moral capitalism.” Have they ever succeeded?
Painting of peasants working fields on one side and socializing with one another on the other side.

The Tragedy of Misunderstanding the Commons

Twelfth-century peasants developed commons practices to survive domination. We could use them to reclaim our lives from capitalism.
A hotel under construction.

What Really Makes Cities Global?

The Bonaventure Hotel was a battleground in the war between transnational real estate capital and the city’s multiracial working class.
Axe chopping down columns

The Rise and Fall of Neoliberalism

The free market used to be touted as the cure for all our problems; now it’s taken to be the cause of them.
The U.S. flag flies near the Statue of Freedom atop the U.S. Capitol in Washington, DC.

How Today Is Like the 1890s

The paths the country took out of that earlier crisis offer valuable lessons for what we should do now, and what we should fear.

The Peculiar Game of the Yankee Peddler—Or What Do You Buy?

Part of the utility of the game is how many intersections can be addressed, a Choose Your Own Adventure of lesson planning.
A businessman superimposed over the Wall Street skyline.

How Not to Tell Stories About Corporate Capitalism

Turning the history of capitalism into a morality tale about good guys and bad guys is tempting.
Crowd of Black and White workers walking.

Affirmative Action Never Had a Chance

The conservative backlash to the civil-rights era began immediately — and now it’s nearly complete.
Collage of a shirtless performer and a cutaway image of an egg.

My Generation

Anthem for a forgotten cohort.
Calculating machines.

Plantations, Computers, and Industrial Control

The proto-Taylorist methods of worker control Charles Babbage encoded into his calculating engines have origins in plantation management.
Agosto Pinochet and Milton Friedman edited to appear as two sides of the same coin.

When Milton Friedman Met Pinochet

Chicago economists had free rein in Chile. The country is still recovering.
W. E. B. Du Bois, 1958

Another Side of W.E.B. Du Bois

A conversation on Du Bois' perspective on empire and democracy, the development of his anti-imperial thought, and his vision for transnational solidarity.
CEO Eli Black (middle) talking with farmers at a lettuce farm.

The Banana King Who (Tried to) Put People Over Profits

1970s United Fruit CEO Eli Black got caught between the warring ideals of ‘social responsibility’ and shareholder gains.
Eugene Debs with Texas and Oklahoma socialists, c. 1910–14.

Texas Was Once a Hotbed of Socialism

In the early 1900s heyday of the Socialist Party, Texas boasted a vibrant state party that attracted oppressed farmers in droves.
A hammer is shown breaking several chunks of the earth into smaller pieces. In the background, black space.

The Wonderful Death of a State

For market radicals and neo-Confederates, secession is the path to a world that’s socially divided but economically integrated—separate but global.

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