Spirit Socialism: Trump’s vs. Ours
The proposed bailout of Spirit Airlines is Trump’s worst deal yet. But in clean hands, socialized ownership sometimes makes sense.
latest
This Is the Worst Argument for Prediction Markets
Putting a market price on some prediction does not make it a ‘truth machine.’
The Warner Bros. Sale to the Ellisons Illustrates Perfectly Why Shareholder Capitalism Is a Disaster
99 percent of the company’s institutional shareholders voted to approve it. An equivalent share of the company’s workers and Hollywood generally opposed it.
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Bayer ‘Turns Over Every Stone’ to Stiff Roundup Cancer Victims
An executive order signed by President Trump may further shield the company from legal liability.
Bayer Banks on Congress for Permanent Roundup Immunity
A bill preventing states and local governments from issuing warnings about the risks of pesticides is on track to pass the House.
Ag Front Group Shields Bayer in Controversial Roundup Liability Fights
Public statements from the group led by Bayer’s head lobbyist ignore cancer risks of glyphosate-based pesticide.
Time to Stop Lionizing Powell
The Fed chair has been an enabler of the economy’s hyper-financialization and speculative excess. Resistance to Trump is too low a bar.
listen
Organized Money: Big Oil and Big Plastic Are One and the Same
Plastic is in many ways a vital technology, but did we really need to use it everywhere?
Organized Money: The Live Nation Ticketmaster Verdict
State AGs pick up the Fed’s slack and win one for the fans.
Organized Money: How AIPAC Tries to Dominate the Business of Politics
Are American voters changing their minds about the Israel lobby in American politics?
FROM THE MAGAZINE
When ICE Blows Through Rural America
As the surge in Minneapolis winds down, small communities in Minnesota (like Willmar) fend off more arrests and lasting impacts.
The Far-Right Cash Machine
There’s money in bigotry, and specialized crowdfunding platforms are where to get it.
A Retrospective on Bidenomics
Joe Biden listened to the left on full employment. But the lasting effects were wanting, and the politics were brutal.
In Case You Missed It
Congress Has Become Almost Totally Irrelevant
The way Republicans are managing the Department of Homeland Security budget shows that Congress is now just something to work around.
Can New York Lawmakers Stop Hedge Funds From Pillaging Poor Nations?
Much of the world’s sovereign debt is governed by New York state law. One small change could stop much predatory lending.
Federal Job Cuts Hit Black Women Hard—a Year Later, Unemployment Is Up
Losses in government positions are undermining a critical engine of economic mobility for the Black middle class.
The Diplomat, the Fashion Channel, and Jeffrey Epstein
Ex-fashion mogul and U.S. Special Envoy Paolo Zampolli has a long relationship with FashionTV, which Epstein nearly bought and whose founder Michel Adam Lisowski has been accused of multiple instances of sexual misconduct.
Aftermath: Wall Street Is Lying to Itself
Financial futures indicate little damage from the Iran war. Reality begs to differ.
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Today on tap: commentary on the daily news
Spirit Socialism: Trump’s vs. Ours
The proposed bailout of Spirit Airlines is Trump’s worst deal yet. But in clean hands, socialized ownership sometimes makes sense.
Time to Stop Lionizing Powell
The Fed chair has been an enabler of the economy’s hyper-financialization and speculative excess. Resistance to Trump is too low a bar.
culture
What, Exactly, Is a Fair Wage?
Arindrajit Dube brilliantly dissects how wages really are set—but overlooks the particular hurdles that care workers face.
Vertical Vertigo
Brian Callaci’s book describes the deregulatory strategies franchisors use to protect their profits.
The Legacy of the Subway Vigilante
Two new books reveal how a 1980s shooting reflected rising right-wing attitudes in a rapidly gentrifying New York.
