AI Bubble Bursts as Software Stocks Echo Dot-Com Crash
The current tech sell-off reveals capitalism's fundamental contradiction between production for profit and production for use in stark relief. Tech giants have poured hundreds of billions into AI infrastructure—Amazon alone announced $200 billion in annual spending—while actual demand for these...
Bank of England Chooses Capital Over Workers in Rate Decision
The Bank of England's decision to hold interest rates at 3.75% despite mounting evidence of economic weakness reveals the class character of monetary policy in capitalist economies. While inflation falls toward target, unemployment rises to 5.1%, and economic growth forecasts are slashed, the...
Record Markets Mask Growing Wealth Concentration and Worker Displacement
This live business update presents what appears to be uniformly positive economic news—record stock indices, recovering commodities, and massive corporate deals—yet closer examination reveals deepening class divisions and system instabilities. The SpaceX-xAI merger, creating a $1.25 trillion...
Supply Chain Crisis Reveals Capitalism's Fragile Global Dependencies
This article illuminates a fundamental tension within globalized capitalism: the same system that drove production across oceans to exploit cheaper labor and weaker regulations now finds those extended supply chains increasingly vulnerable to disruption. The Chartered Institute of Procurement and...
Wall Street Breathes Easy as Trump Picks Fed Chair
The nomination of Kevin Warsh as Federal Reserve chair reveals the class character of monetary policy debates far more clearly than the mainstream framing of 'Fed independence.' The article is saturated with reactions from wealth managers, investment strategists, and bankers—all assessing Warsh...
English Water Privatization Squeezes Customers After Decades of Profit Extraction
The 50% surge in customer complaints over water bills in England and Wales represents a textbook case of privatization's contradictions reaching crisis point. After decades of private water companies extracting billions in dividends while neglecting infrastructure investment, regulators have...
World Elite Gather in Davos as Trump Threatens Trade War
The World Economic Forum in Davos serves as a striking tableau of concentrated capitalist power meeting geopolitical crisis. As 5,000 delegates—executives, heads of state, and financiers—crowd into halls to hear Donald Trump speak, the event reveals the interconnected interests of global capital...
Tariff Threats Over Greenland Expose Imperial Competition for Arctic Resources
The Trump administration's threat to impose 25% tariffs on eight European nations until the US is permitted to purchase Greenland represents a stark example of how inter-imperialist rivalry intensifies during periods of resource scarcity and geopolitical realignment. The immediate market...
Trump's Tariff Gambit Exposes Cracks in Western Alliance
The Trump administration's threat to impose escalating tariffs on eight European nations unless they support US acquisition of Greenland reveals the deepening contradictions within the Western capitalist alliance. Far from representing mere diplomatic eccentricity, this move exposes how...