
Banks Profit From High Interest Rates but Stiff Depositors
With the help of the Federal Reserve, US banks are offering loans at higher rates than the interest they pay to depositors and pocketing the difference for themselves.

With the help of the Federal Reserve, US banks are offering loans at higher rates than the interest they pay to depositors and pocketing the difference for themselves.

Jake Ephros is hoping to add to the groundswell of municipal socialism across the US by winning a seat on city council in Jersey City, New Jersey, this November. Jacobin talked to him about his campaign.

While the Nordic countries have long proved capable of reconciling the best aspects of liberalism with socialism, the relationship in the Anglosphere has always been troubled. A new book, and recent events in the world, suggest this may be changing.

Some argue that the nuclear family is the principal obstacle to a freer, more loving society. In reality, it’s economic insecurity that traps people and universal care is what makes relationships voluntary and free.

Republicans are bringing a case before the Supreme Court that has the potential to eviscerate what few remaining restrictions on campaign finance we have left.

Companies are increasingly using algorithmic management tools as a way to maximize the exploitation of workers. The power that managers gain from these tools can seem daunting, but there are opportunities that must be seized for workers to push back.

After decades covering Latin America's tumultuous politics, legendary journalist Alma Guillermoprieto speaks to Jacobin about chronicling life in a region where destruction comes easily, bravery is necessary, democracy is elusive, and the future is uncertain.

Donald Trump’s Department of Justice is asking corporations to identify state laws that “burden industry.” Corporate lobbies are responding to the request with wish lists of consumer protection laws they want the administration to preempt.

Greenland has one of the largest and most successful portfolios of state-owned companies in the world. This robust state sector has helped the small island nation prosper economically over the past 50 years.

Some of the biggest pharmaceutical firms in the US are nearing the end of multibillion-dollar patent windfalls as their exclusive rights to produce certain medications. The patent cliff could spark a massive wave of new drug manufacturing mergers.

Donald Trump’s mandate for neoclassical federal buildings has dismayed the architecture world. It’s little more than a distraction from his real architectural agenda: selling off government properties, militarizing US cities, and building detention camps.

On Monday, France joined nine other countries in recognizing Palestinian statehood. But the long delay in making this move is a litany of missed opportunities.