It’s time to clear up one of the most enduring—and insidious—neoliberal myths about corporations. Shareholders don’t own corporations. Corporations are unowned sovereign entities, just like people. And that should terrify us.

Capitalist accumulation has always depended on cheap labor and resources extracted from the Global South. To end this violence we need a post-capitalist transition—otherwise, as climate breakdown accelerates, the ceaseless search for profit will drive us further into barbarism.

Current Affairs economist-in-residence Rob Larson offers a primer on rising prices and an assessment of conservative inflation panic.

As illustrated by this model, “survival of the fittest” among corporations leads to the extinction of all.

Speculators might make money on it, but the arguments for its usefulness fail completely.

It’s time for the banks to be the ones tightening their belts for once.

Justice. Harm reduction. Redistribution. Economic growth. Some cases are stronger than others.

Bitcoin and its imitators were supposed to democratize the world of money. Instead, speculators have gotten rich—and the planet is paying the price.