Financial Crisis

Can the British Labour Party Win Power Without a Left Wing?

Can the British Labour Party Win Power Without a Left Wing? Can the British Labour Party Win Power Without a Left Wing?

Despite being far ahead of the ruling Conservatives in the polls, Labour’s leadership seems determined to purge its way to electability.

May 24, 2023 / Rachel Shabi

People stand outside Silicon Valley Bank.

Abolish Venture Capitalism Abolish Venture Capitalism

Venture capitalists have supercharged surveillance, immiseration, and dispossession. Why should we trust them with so much power over the economy? 

May 23, 2023 / Edward Ongweso Jr.

Turkish President Tayyip Erdogan speaks to a crowd

Turkish Election Aftershock: Despite Unity on the Left, the Opposition Falls Short Turkish Election Aftershock: Despite Unity on the Left, the Opposition Falls Short

Defying predictions of his political demise, the country's authoritarian president Recep Tayyip Erdoğan came first on Sunday and is now favored to win reelection in the runoff on M...

May 16, 2023 / Kaya Genç

President Joe Biden and Vice President Kamala Harris return to the Oval Office at the conclusion of an event marking National Small Business Week in the Rose Garden at the White House on May 1, 2023.

Joe Biden, Culture Warrior Joe Biden, Culture Warrior

The president’s freedom agenda can win—if he doesn’t embrace austerity.

May 15, 2023 / Jeet Heer

school workers strike in LA

Why 60,000 Education Workers Walked Off the Job In Los Angeles Why 60,000 Education Workers Walked Off the Job In Los Angeles

This week’s massive jobs action also represents a model for building worker power.

Mar 24, 2023 / Alex Caputo-Pearl

US President Joe Biden speaks to the Democratic National Committee at an event in Washington, D.C., on November 10, 2022.

Should President Biden Run for Reelection? A “Nation” Forum Should President Biden Run for Reelection? A “Nation” Forum

We wanted to know what prominent progressive Democrats, left-leaning independents, and battleground state activists were thinking. So we asked them.

Mar 22, 2023 / Various Contributors

What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB

What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB

It’s a war for the dollar—and the big banks. The rest of us better hold on tight.

Mar 21, 2023 / James K. Galbraith for The Nation

Elizabeth Warren greets Jerome Powell

Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account

With the Silicon Valley Bank collapse, the senator demands an independent investigation of the Fed, and says Powell should not continue as its chair.

Mar 21, 2023 / John Nichols

Barney Frank at news conference

Democrats Face a Terrible Reckoning on Bank Bailouts  Democrats Face a Terrible Reckoning on Bank Bailouts 

Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.

Mar 17, 2023 / Jeet Heer

A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some focusing on the weakness of US rules. (Photo by REBECCA NOBLE / AFP) (Photo by REBECCA NOBLE/AFP via Getty Images)

A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity

With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.

Mar 17, 2023 / Doug Henwood

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