Economic Policy

Representatives Barbara Lee (D-Calif.), Pramila Jayapal D-Wash.), and Cori Bush (D-Mo.) talk with reporters outside the U.S. Capitol after the House passed the Fiscal Responsibility Act

Here’s Why Principled Progressives Opposed a Cruel and Destructive Debt Ceiling Deal Here’s Why Principled Progressives Opposed a Cruel and Destructive Debt Ceiling Deal

These Democrats defied their president and their party leaders to vote against a deal that harms families, the poor, and the environment.

Jun 2, 2023 / John Nichols

Unionizing strippers cheering at rally

Let’s Hear It for the Strippers’ Union Let’s Hear It for the Strippers’ Union

The newly unionized Star Gardens strippers are a triumph for the labor movement, proving that regardless of their profession, when workers unite, they can win.

May 31, 2023 / Antonia Crane

Joe Biden meets with House Speaker Kevin McCarthy in the Oval Office

The Debt Deal Is a Tragedy The Debt Deal Is a Tragedy

The debt-limit agreement entrenches long-term austerity. It was a huge GOP win.

May 30, 2023 / James K. Galbraith

Ron DeSantis’s Copycat Strategy Is Failing

Ron DeSantis’s Copycat Strategy Is Failing Ron DeSantis’s Copycat Strategy Is Failing

The Florida governor’s bungled campaign launch makes clear there is only room for one Trump.

May 26, 2023 / Jeet Heer

Can the British Labour Party Win Power Without a Left Wing?

Can the British Labour Party Win Power Without a Left Wing? Can the British Labour Party Win Power Without a Left Wing?

Despite being far ahead of the ruling Conservatives in the polls, Labour’s leadership seems determined to purge its way to electability.

May 24, 2023 / Rachel Shabi

People stand outside Silicon Valley Bank.

Abolish Venture Capitalism Abolish Venture Capitalism

Venture capitalists have supercharged surveillance, immiseration, and dispossession. Why should we trust them with so much power over the economy? 

May 23, 2023 / Edward Ongweso Jr.

Biden and McCarthy

More “Dangerous Nonsense” From “The New York Times” on the Debt Ceiling More “Dangerous Nonsense” From “The New York Times” on the Debt Ceiling

There are multiple legal pathways to resolve the current debt “crisis.” Having the president and House speaker agree on spending cuts to programs already approved by Congress is no...

May 18, 2023 / James K. Galbraith

A Cleaner World Lies in Nationalized Banking

A Cleaner World Lies in Nationalized Banking A Cleaner World Lies in Nationalized Banking

The private financial sector tosses a climate-conscious sheen over its horrific practices, but the best thing it could do for the planet would be to get very public—very quickly.

May 17, 2023 / Max Moran

President Joe Biden and Vice President Kamala Harris return to the Oval Office at the conclusion of an event marking National Small Business Week in the Rose Garden at the White House on May 1, 2023.

Joe Biden, Culture Warrior Joe Biden, Culture Warrior

The president’s freedom agenda can win—if he doesn’t embrace austerity.

May 15, 2023 / Jeet Heer

The Debt Ceiling Drama Is All Stagecraft

The Debt Ceiling Drama Is All Stagecraft The Debt Ceiling Drama Is All Stagecraft

Remember: The US Treasury is obligated to make payments. The rest is optics.

May 11, 2023 / James K. Galbraith for The Nation

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