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Category: Economy

On Black Friday, Unions Are Striking For a Better Deal

Anadolu/Getty Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.Retail workers are walking out during  the busiest shopping day of the year, Black Friday, leveraging a weekend of huge profits for retailers to demand better pay and working conditions.  Amazon workers in more than 30 countries are striking…

How Gilded Age Lawmakers Saved America From Plutocracy

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.On December 3, 1901, in his first annual message to Congress, Teddy ­Roosevelt­­ began to articulate the new anti-­monopoly doctrine that would define his presidency. “Great corporations exist only because they are created and safeguarded by our institutions,” he…

“Carbon Bomb” Financiers Threaten World’s Ability to Curb Warming

Richard B. Levine/Zuma This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Banks pumped more than $150 billion last year into companies whose giant “carbon bomb” projects could destroy the last chance of stopping the planet heating to dangerous levels, the Guardian can reveal. The carbon bombs—425 extraction projects…

UAW Settles Another Major Contract in Labor Fight

Members of the United Auto Workers expanded their strike, walking out at Stellantis’ Sterling Heights Assembly Plant.Jim West/ZUMA Press Wire Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.Two days after Ford Motor said it had reached a deal offering major concessions to its employees, Stellantis, the…

The Mirage of “Middle Class”

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.In June, Democratic advisers began circulating the usual warning: The party needed to change its message. As the Washington Post explained, focus group testing had shown that the slogan of “‘economic fairness’ was a loser.” Instead, Democrats should talk…

America’s New Climate Corps Will Need to be a Lot Bigger

Rep. Alexandria Ocasio-Cortez (D-NY) speaks at a press conference on President Joe Biden’s launch of the American Climate Corps.Allison Bailey/AP This story was originally published by Wired and is reproduced here as part of the Climate Desk collaboration. Climate change is the greatest threat humanity has ever faced, and the United States has begun mobilizing an army to fight…