Jacobin

Multilevel marketing companies promise that everyone can become a boss and get rich if they hustle hard enough. But they’re actually fraudulent pyramid schemes that, like capitalism writ large, require mass exploitation to enrich the...

Since 2001, Gallup has asked US voters whether they think their financial situation is getting better, staying the same, or getting worse. This year, a record number of Americans answered, “getting worse.” The 53% who...

It has not been a very good year for the American coal industry, as both exports and price per ton continue to trend downward, but it’s been even worse for the coal miners themselves. Last...

This article is the third in a series published by Convergence and Jacobin on the initial years, 2014–2020, of the transformation of United Teachers Los Angeles (UTLA). It focuses on 2017–18, when the union was...

As far as I can judge, the primary complaint about Darren Aronofsky’s generally well-reviewed — though not very popular — new film, Caught Stealing, is that it’s not a typical Darren Aronofsky film. But that’s...

Can Zohran Mamdani make New York City a union town again? Organized labor here is stronger than in the rest of the country. But this isn’t saying much. The unionization rate of the city’s private...

Mona Ali In a quotidian sense, central bank independence refers to the ability of central bankers to make decisions regarding monetary policy without political interference. As Jerome Powell, chair of the Federal Reserve Board of...

For the past few months, Donald Trump’s presidency has been roiled by the ongoing scandal over his intimate, yearslong friendship with Jeffrey Epstein. But he’s not the only prominent New York politician with potentially embarrassing...

The following article is reprinted from Catalyst: A Journal of Theory and Strategy, a publication from the Jacobin Foundation. Right now, you can subscribe to the print edition of Catalyst for just $20. In 2022, Jair...

Since the start of his second term, Donald Trump has relentlessly pushed Federal Reserve (Fed) chairman Jerome Powell to cut interest rates. He’s called Powell every name from a “numbskull” who “makes it hard for...

This Labor Day weekend, I’m savoring the last days of summer, but also feeling that I did not spend enough of it in the right way. I spent too much time working.  I know I’m...

Research shows that work shapes not only material life but also identity and community. If AI erases work as we know it, it could also erase the foundations of mass politics. Studies show that in...