Sellers have always had access to more information than buyers, and “dynamic pricing,” which harnesses the power of algorithms and big data, is supercharging this asymmetry.
After 16 Years, Boeing Is Bargaining With Its Workers Again
Crisis-ridden aircraft manufacturer Boeing hasn’t engaged in full-scale contract bargaining with its workers, represented by the Machinists, in over a decade. Workers want to reverse concessions of previous years — and win more input into quality control.
Palm Royale Is a Weak Critique of the “Bubble” of the Rich
Showing that rich women in 1969 are “living in a bubble” is like demonstrating that, as ever, water is wet. But even if Palm Royale was meant to deliver messages of great satirical significance, it’s too weak to carry them.
“Debt Is to Capitalism What Hell Is to Christianity”
Yanis Varoufakis’s new film series explains how elites used the financial crisis to terrorize Europe’s populations into submission. In an interview, he tells Jacobin why the anti-austerity movement failed and why the center is converging with the far right.
The Extent of Joe Lieberman’s Evildoing Was Truly Remarkable
Joe Lieberman was a fairly unremarkable Washington politician who managed to get famous by becoming a particularly enthusiastic, inveterate warmonger and corporate marionette within the Democratic Party.
With the development of artificial intelligence racing forward at warp speed, some of the richest men in the world may be deciding the fate of humanity right now.
In Australia, Pro-Palestine Writers Are Defying Censorship
When the State Library of Victoria fired four pro-Palestinian writers earlier this year, they refused to go quietly. Now they’re at the forefront of a fight against censorship designed to silence criticism of Israeli atrocities in Gaza.
The Road House Remake Is Actually a Great Time
Do you ever hear about a new movie like the Road House remake starring Jake Gyllenhaal, assume it’s terrible, mentally prepare your vicious takedown of it — and then watch it? And it’s actually. . . good?
When Communists Tried to Build Paradise on the Steppe
From 1925 to 1932, a thousand Europeans took the monthlong train ride to Soviet Kyrgyzstan as new members of the Interhelpo workers’ co-op. Their story tells of the utopian hopes placed in the Soviet project — and how they were crushed.
The Alleged Sexual Assaults on Rikers Island Are Shocking
Me Too was often portrayed as solely focused on elite women’s concerns. That would be news to the prisoners at New York’s Rikers Island who have used a Me Too–inspired law to seek justice for over 700 alleged sexual assaults by guards in the jail.
ChatGPT feeds on language, outputting texts that reinforce the basic assumptions of our culture. The rise of AI forces the Left to take a hard look at the politics of language and the linguistics of Noam Chomsky.
Cargo Giant in Baltimore Crash Silenced Whistleblowers
The company responsible for the Baltimore bridge collapse blocked its employees from reporting safety concerns to the US Coast Guard. It is now being sanctioned by federal regulators for violating a whistleblower protection law.
Bed-Stuy Socialist Eon Huntley Is Running for State Assembly
Socialist and third-generation Brooklynite Eon Tyrell Huntley is running to represent Bed-Stuy in the New York State Assembly. Jacobin spoke to him about his working-class upbringing in Brooklyn and his campaign.
Jerome Powell’s Fingerprints Are on the Next Banking Crisis
One year after the collapse of Silicon Valley Bank, Federal Reserve chair Jerome Powell is obstructing the finalization of tougher capital requirements for banks — and increasing the chances of more turbulence.
Don’t Write Off US Union Organizing Before the CIO
The Congress of Industrial Organizations is often understood to the be the innovative, solidarity-based alternative to the American Federation Labor, its immediate predecessor. But the CIO had limits too — and the AFL had more to offer than it gets credit for.