Economy

Inflation Crisis Hurts Workers (6/1/2022) - by Gray Hauff & Milena Germon With the prices of everyday goods on the rise and wages failing to keep up, working-class people are looking for answers and economic alternatives. Essentials are rising in cost—gas, groceries, and rent, to name a major few—and nobody in power seems to be doing anything to help working people. Continue reading "Inflation Crisis Hurts Workers"
Recession Looms, Workers are Already Paying the Price (5/30/2022) - by Jacob Bilsky Economists and bankers are talking about a possible recession in the United States and the world economy. Falling stock prices are slowing the capitalists’ profits, and they will make the working-class pay the price with layoffs, inflation, and government bailouts for corporations. Working people are already feeling the effects of the growingContinue reading "Recession Looms, Workers are Already Paying the Price"
No Pay Cuts During the Pandemic – Reinstate Hazard Pay! (2/17/2022) - On January 3rd, Portland City Council betrayed the front-line workers of the city who have kept Portland running during the COVID pandemic. City Council voted to repeal the COVID state of emergency, put in place earlier in the pandemic, which allowed for mandatory hazard pay for workers. In the same breath, they voted to reinstateContinue reading "No Pay Cuts During the Pandemic – Reinstate Hazard Pay!"
Capitalism in Crisis: Socialist Solutions Needed (1/26/2022) - by Elisabeth Wichser This article was originally published in Socialism Today, the paper of the Independent Socialist Group. Subscribe to the paper to receive each issue in print and read the articles before they’re published online! The signs of capitalist crisis are everywhere. Year two of the COVID-19 pandemic rages on. Your landlord wants toContinue reading "Capitalism in Crisis: Socialist Solutions Needed"
Who Will Pay for the COVID Crisis? (1/21/2022) - by T.R. Whitworth This article was originally published in Socialism Today, the paper of the Independent Socialist Group. Subscribe to the paper to receive each issue in print and read the articles before they’re published online! The COVID-19 pandemic has laid bare the contradictions of capitalism. Widespread death (over five million worldwide), unemployment, homelessness, andContinue reading "Who Will Pay for the COVID Crisis?"
Pandora Papers Reveal Ruling-Class Tax Evasion on a Global Scale (10/29/2021) - by Ashley Rogers The International Consortium of Investigative Journalists (ICIJ) announced a bombshell financial leak on October 3rd, revealing a cache of almost 12 million documents – nicknamed the “Pandora Papers” – relating to the offshore finances of the world’s most powerful politicians, businessmen, and heads of state. The depths of these files reveal theContinue reading "Pandora Papers Reveal Ruling-Class Tax Evasion on a Global Scale"
Exposing the Bloodsuckers: The Role of Commodity Traders in ‘Modern’ Capitalism (6/26/2021) - This article, written by Peter Taaffe, was originally published in the June 2021 issue of Socialism Today, the monthly magazine published by our co-thinkers in the Socialist Party of England & Wales. The Independent Socialist Group stands in solidarity with the Socialist Party as part of the Committee for a Workers’ International. The World forContinue reading "Exposing the Bloodsuckers: The Role of Commodity Traders in ‘Modern’ Capitalism"

View all posts »