Economics

Barney Frank at news conference

Democrats Face a Terrible Reckoning on Bank Bailouts  Democrats Face a Terrible Reckoning on Bank Bailouts 

Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.

Mar 17, 2023 / Jeet Heer

A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some focusing on the weakness of US rules. (Photo by REBECCA NOBLE / AFP) (Photo by REBECCA NOBLE/AFP via Getty Images)

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

Duke Graduate Students Union

To Keep Grad Students From Unionizing, Duke University Wants to Change the Rules To Keep Grad Students From Unionizing, Duke University Wants to Change the Rules

After the Duke Graduate Students Union filed for an election, the university announced that it would challenge the NLRB decision from 2016 that granted graduate workers across the ...

Mar 17, 2023 / StudentNation / Anita Simha

Why Is the Republican Party Suddenly Weakening Child Labor Laws?

Why Is the Republican Party Suddenly Weakening Child Labor Laws? Why Is the Republican Party Suddenly Weakening Child Labor Laws?

Rolling back restrictions on child labor and dismantling public education will make the country far more unequal. For today’s GOP, that’s a feature, not a bug.

Mar 16, 2023 / Jack Schneider and Jennifer C. Berkshire

Headshot of the writer and activist V.

To Build a Better World, We Have to First Imagine It To Build a Better World, We Have to First Imagine It

V (formerly Eve Esner), author of the Vagina Monologues, discusses bodily autonomy, dismantling the patriarchy, and the pursuit of a better world.

Mar 16, 2023 / Laura Flanders

Volunteers fill boxes at a food distribution center.

Everyone Has the Right to Food Everyone Has the Right to Food

For a country that projects itself as the richest in the world, hunger remains hidden by design.

Mar 15, 2023 / Beverly Gologorsky

Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing

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

Greg Becker, President and CEO of Silicon Valley Bank, speaks during the Milken Institute Global Conference on May 3, 2022.

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

A sign reading Cancel Student Debt is staged outside of the Supreme Court of the United States in Washington, D.C., on February 28, 2023.

Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature

Pronouncing debt cancellation DOA takes the Supreme Court’s ruling as the last word—precisely at the moment when the court’s authority demands challenge, not complacency.

Mar 13, 2023 / Eleni Schirmer

Liberating Our Homes From the Real Estate–Industrial Complex

Liberating Our Homes From the Real Estate–Industrial Complex Liberating Our Homes From the Real Estate–Industrial Complex

Having a personal aesthetic at home has become financially detrimental.

Mar 13, 2023 / Kate Wagner

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