Tag: capitalism

Pride Month: Stonewall’s real legacy and the struggle for liberation

The Stonewall riots are one of the major milestones in queer history. The Stonewall Inn was a bar in the Greenwich Village area of New York, frequented largely by the poorest members of the LGBT+ people in the area. The police had a long history of conducting violent raids on the Inn and harassing the LGBT+ clientele. On 28th June 1969, the police once again entered the Stonewall Inn, with the intent of shutting it down permanently. They began to arrest people in the bar, but met resistance.

How Deep is the Global Depression?

The world economy is being shaken as never before. 2.7 billion workers around the world — 81 percent of the labour force — are under lockdown or travel bans. Hundreds of millions risk acute starvation. And yet, no one knows how deep or long-lasting the depression will be.

Keynes, the crisis of neoliberalism and why capitalism can’t be reformed

Covid-19 has turned the world upside down, making all that was considered impossible now seem possible. In the context of a new crisis for capitalism and the undermining of the neoliberal order globally, the ideas of the liberal economist John Maynard Keynes will increasingly gain traction in terms of the policies of capitalist governments, writes Cillian Gillespie. 

Top 85 richest enough as poorest 3.5billion

The top 85 richest people in the world have as much wealth as the 3.5billion poorest people according to a report released by Oxfam. This incredible statistic provides enough justification alone for ending the obscene profiteering and irrationality of capitalism today. Millions of people across the world suffer needlessly from […]