The only way humanity has a chance of avoiding a climate disaster will be through a global plan based on common ownership of resources and technology that replaces the capitalist market system. Meanwhile, the cop-out continues.
Month: November 2025
The character and limitations of the opposition to Trump
It’s very difficult to predict where the resistance will expand in the future–because it has been a very, very long time since US workers have actually been combative. And during that long time, not only unions but traditions of struggle have been crushed and need to be rebuilt.
The key characteristics of Trump’s second term
In line with other authoritarian politicians, Trump has leveraged his position to turn the state into a cash machine for him and his cronies, using his position of power to extract wealth through various means, including extortion based on legal threats, sales of Trump-themed trinkets, lavish gifts, and crypto-currency trading.
“No Kings” went to the polls
In virtually every election held in every district and every state, Democrats improved on their performance in the November 2024 presidential election. And in many places, they exceeded their most optimistic predictions.
The resurgent right in Latin America and the challenge for revolutionaries
In the global context of authoritarianism becoming the new normal of capitalist democracy, a victorious far right will double down on every channel of exploitation (pushing down wages, pensions and social spending) with a confidence that will not spare state repression, aiming to isolate the more politically advanced sections of the working class.
The AI bubble and the US economy
It is true that the big tech companies have mostly financed their AI investments out of free cash flow. But the huge cash reserves of the Magnificent Seven are being drained and AI companies are increasingly turning to equity and debt issuance.
