Tag: Capitalism

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The People Can Weather Hurricanes, the Capitalists Turn Them into Disasters

By the Editorial Board Hurricane Ida smashed into the coast of Louisiana as a Category 4 hurricane with sustained winds of 150 mph on August 29. The path of destruction and misery in Ida’s wake lay solely at the feet of the capitalist ruling class, which is unable and unwilling to build the infrastructure and emergency response network to deal with the storms that will … Continue reading The People Can Weather Hurricanes, the Capitalists Turn Them into Disasters

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Austin: Energy Monopolies Responsible for Winter Storm Failures Flood Politicians with Cash

Photo credit: Gage Skidmore By Sandra Harris After the Texas Legislature failed to deliver any major reforms to the industry at fault for the collapse of Texas’s power grid during the winter storm earlier this year, top politicians received significant increases in donations to their campaigns from energy monopolies and their executives. Monopoly media outlets revealed this week that in some instances, the energy industry … Continue reading Austin: Energy Monopolies Responsible for Winter Storm Failures Flood Politicians with Cash

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Opinion: What Caused the Collapse of Champlain Towers South in Florida?

Photo: Still from security camera footage shows moment Champlain Towers collapsed. By Jakob Stein In the early hours of June 24, Champlain Towers South, a 12-story beachfront condominium building in Surfside, Florida, experienced a partial collapse which, at the time of publication, has left 18 people dead and another 145 still unaccounted for. While authorities have launched numerous investigations into the cause of the building … Continue reading Opinion: What Caused the Collapse of Champlain Towers South in Florida?

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Amazon Destroys Millions of Unused Products, Demonstrates Contradictions of Capitalist Overproduction

Photo: A pile of products marked for destruction at an Amazon warehouse in Scotland (Source: ITV) By Jakob Stein On Tuesday, a report from an Amazon warehouse in Dunfermline, Scotland revealed that the company regularly destroys over 100,000 unused and returned products every week—a clear demonstration of how the imperialist global economy operates in response to its crises of overproduction. The report from the British … Continue reading Amazon Destroys Millions of Unused Products, Demonstrates Contradictions of Capitalist Overproduction

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Florida: Toxic Wastewater Leak Demonstrates Pitfalls of Capitalist System

By Jakob Stein Over the past week, hundreds of residents in Manatee County, Florida, just outside of Tampa, were evacuated from their homes as a state of emergency was declared due to a leak in a toxic wastewater reservoir that was on the verge of collapsing. The rush to evacuate residents and drain the reservoir before it caused a complete catastrophe is a perfect display … Continue reading Florida: Toxic Wastewater Leak Demonstrates Pitfalls of Capitalist System

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Texas: Winter Storm Death Count at 200, Nearly Double State’s Estimate

Cover Photo: A burnt house in East Austin where three people lost their lives trying to keep warm during the February winter storm By Brian Martel The capitalist-caused winter disaster killed over 194 people in Texas, nearly double the state government’s official death count estimate, according to a new investigation by the ruling-class newspaper, the Houston Chronicle. The capitalist state’s role in causing the disaster … Continue reading Texas: Winter Storm Death Count at 200, Nearly Double State’s Estimate

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Editorial, Uncategorized

The Ruling-Class ‘Aid’ Rolls in after the Storm Rolls Out

By the Editorial Board At the height of the extreme winter storm that hit the country this past week, the Old State abandoned those suffering through power blackouts, the widespread loss of water, and the heavy cold that set in for days, all of which killed dozens of Texans and others across the country. These deaths should not be laid at the feet of nature, … Continue reading The Ruling-Class ‘Aid’ Rolls in after the Storm Rolls Out

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Texas: Extreme Ice and Snow Highlight Capitalist Crimes

By the Editorial Board Ice, snow, and single-digit temperatures froze Texas and other states with poor critical infrastructure Sunday, leaving more than four million without utilities in Texas alone. The ruling class and its media are fast to place blame on a ‘natural disaster,’ but really there is nothing natural about it. Many in Texas’ capital city of Austin shivered in disbelief, and the administrative … Continue reading Texas: Extreme Ice and Snow Highlight Capitalist Crimes

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Houston: Mismanagement of Winter Storm Endangers Millions of Residents

By Trent Moss Capitalist mismanagement has left over a million Houston residents without power and many without water and food in the face of a massive winter storm that engulfed Texas on Sunday night. Some residents have been without power since Sunday while others have been subject to rolling blackouts which have been implemented without notice or schedule. Despite power outages and below-freezing temperatures, CenterPoint … Continue reading Houston: Mismanagement of Winter Storm Endangers Millions of Residents

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Resurgence of Jobless Claims Signals Prolonged Economic Depression

Cover photo of European Central Bank Forum on Central Banking by Rev By Mike Talavera Last week marked the first sharp rise in applications for unemployment benefits since early October, jumping from 18,000 the previous week to over 743,000. The spike comes as the economy has struggled to bounce back since the crisis began in March, forcing senior government officials to recognize the inherent inequality … Continue reading Resurgence of Jobless Claims Signals Prolonged Economic Depression

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