What this little story of GameStop shows is that company and personal pension funds run by the ‘smart people’ are really a rip-off for working people. What is needed are state funded pensions not subject to the volatility of the financial game.
Month: January 2021
Hunts Point Strike: Fightback is possible!
When the working class movement is seen as a movement of action and struggle, people become open to its fundamental world outlook. Ideas of class solidarity and unity come forward.
With Biden there will be more “color revolutions” in Latin America
If Trump’s term was abominable, Biden’s will be no less so. Let’s remember that the war in Syria, the liquidation of the Arab spring, and the invasion of Libya were promoted and managed by the team that is now returning to the White House.
The limits of Biden’s plan to “rescue” US foreign policy
Biden wants to draw a sharp contrast with Trump, but their foreign policies share similar assumptions, especially that of seeing China as the U.S.’s main competitor, economically and militarily, in the future.
Chicago teachers say, “Safe Return or No Return!”
The most probable explanation for Lightfoot’s rush to reopen the school system is class vindictiveness towards the CTU. Lightfoot feels, correctly, that she was bested by the CTU in the 2019 strike.
Statement of ISP on current Washington events
However shocking, these events shouldn’t surprise us. In the last few years, our sense of what is politically “normal” has been stretched.
The working class and Covid in the New Year
Many jobs are never going to comeback. This is not just the case in small businesses that have gone under. Capital is using the pandemic to reorganize itself.
