A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity
With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.
Mar 17, 2023 / Doug Henwood
The Latest Banking Crisis Is Brought to You by the Federal Reserve The Latest Banking Crisis Is Brought to You by the Federal Reserve
There’s a lot of blame to go around for the failure of the Silicon Valley Bank. But the Fed’s myopic attitude towards inflation bears much of the responsibility.
Mar 17, 2023 / Sasha Abramsky
Silicon Valley Bank Didn’t Fund Black Lives Matter Silicon Valley Bank Didn’t Fund Black Lives Matter
The lies peddled by Fox News are getting more and more blatant.
Mar 16, 2023 / Joan Walsh
Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing
The Silicon Valley Bank collapse doesn’t require a bailout. It requires stronger bank oversight and the repeal of the 2018 “economic growth” act.
Mar 14, 2023 / John Nichols
Silicon Valley Learns to Love Socialism for the Rich Silicon Valley Learns to Love Socialism for the Rich
The very people who eviscerated banking regulations now want to be shielded from the catastrophe they caused.
Mar 13, 2023 / Jeet Heer
The Absurd Specter of “Woke Communism” The Absurd Specter of “Woke Communism”
Ironically, those decrying woke communism may be loony about “communism,” but they are unintentionally right that capitalism is indeed the problem.
Feb 21, 2023 / Steve Fraser
Why It’s Okay for Progressives to Enjoy Sam Bankman-Fried’s Downfall Why It’s Okay for Progressives to Enjoy Sam Bankman-Fried’s Downfall
The fallen plutocrat was also the chief financier of a counterrevolution inside the Democratic Party.
Poor People Have the Power to Transform America Poor People Have the Power to Transform America
As the threat of yet more political turmoil and escalating violence looms, isn’t it time to break through the isolation with a new sense of collective power?
Dec 26, 2022 / Rev. Dr. Liz Theoharis
Democrats and the Crypto Meltdown Democrats and the Crypto Meltdown
On this week's episode of The Time of Monsters, David Klion on the centrist elites allied with a Ponzi scheme.
British Prime Minister Liz Truss Is No Margaret Thatcher British Prime Minister Liz Truss Is No Margaret Thatcher
The Tory leader's pledge to deliver neoliberal “shock therapy” brought her own party conference to the brink of open revolt.
Oct 6, 2022 / Steve Howell