Let Them Eat Credit
The new normal of low interest rates is designed to sooth the palpitations of capitalists, not to improve the lives of working people.
Articles by: Nicole M. Aschoff
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Nicole M. Aschoff is on the editorial board at Jacobin and the author of The New Prophets of Capital.
We Don’t Need Zuckbucks
Facebook is joining a long tradition of companies minting their own currency to cement their monopoly over the infrastructure of social and economic life. Now is the time to stop tech titans like Mark Zuckerberg in their tracks — before they amass even more power.
Autoworkers Deserve Better Than the UAW
The closing of the Lordstown plant and the recent Chattanooga defeat are the latest crushing losses for US autoworkers. What's worse, the UAW has proven completely incapable of fighting back.
Ban Private Equity
The relationship between private equity firms and workers is zero sum: when they thrive, working-class communities suffer.
Against Advertising
Advertisers thrive on perpetuating a system that is ravaging the planet. We can do without them — and a lot of the junk they’re trying to sell us.
Tech Billionaires Think SimCity Is Real Life
Tech companies are getting into the business of making cities. We need to stop Silicon Valley social engineering before things get even worse.
China Is Not the Problem. Capitalism Is.
Tom Friedman and Steve Bannon are, as usual, wrong. Hardship in the United States can’t be blamed on China’s “economic war” on democracy. It’s the fault of American corporations and elites.
10 Reasons Why Centrists Won’t Save Democracy
The Financial Times thinks Bernie Sanders and Jeremy Corbyn are would-be despots. They're wrong — it's socialists, not centrists, who will save democracy.
Thanks, Harvard. But We’ll Take What’s Ours.
Harvard is worried because people increasingly don’t seem to like capitalism. But elite universities and billionaires are part of the problem, not the solution.
Democratize the Fed
Yes, it was absurd for Trump to suggest nominating Herman Cain to the Federal Reserve. But the Fed is already political — our goal should be to make it democratic.
Chess in the Cloud
The battle between the US and China over global hegemony has moved to the technological arena. But what we really need is a democratic digital commons.
Hegemony Now
For the first time in decades, a genuine opening for the Left has emerged. We must forge a new consensus.
“Too Big” Is Too Little
Bernie Sanders is right: we need to rein in the big banks. But we shouldn't just break them up — we should socialize them.
Ursula K. Le Guin, 1929–2018
Ursula Le Guin's masterful works pushed readers to expand their vision of what's possible.
How to Escape the Present
The desire to radically challenge capitalism is widespread and growing. Naomi Klein’s new book is an important contribution to that project.
How to Change the World
Looking back at the Pink Tide’s accomplishments, and the roots of its shortcomings.
The First 103 Days
Forget the first 100 days — Jacobin contributors weigh in on Trump's first 103.
The Glory Days Are Over
Trump’s victory signals a deep crisis of neoliberalism.
The Glory Days Are Over
Trump’s victory signals a deep crisis of neoliberalism.
The Long Road to Crisis
The dismantling of autoworker gains was a class project, not the inevitable result of globalization.