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Joseph Schumpeter and the Economics of Imperialism

The Austrian economist Joseph Schumpeter believed that the triumph of socialism was inevitable, but he rejected the Marxist view of how capitalism works. His ideas are a stimulating challenge for those seeking an alternative to capitalism today.

Winston Churchill Was Not Your Friend

Winston Churchill has become all but deified in modern Britain. But in his own lifetime, Churchill was often recognized for who he really was: an unrepentant imperialist and racist, a foe of trade unions and women’s rights, and a defender of elite privilege.

A Year of Defeat — and Hope

Last year saw setbacks for the Left in much of the world, but recent victories in Latin America are a reminder that socialist politics continue to offer an alternative to a system in crisis.

Meet the Mining Billionaires Ransacking Australia

The super-profitable mining industry in Australia has produced a new class of ruthless billionaires. Their fortunes tower above those of the nation’s other business elites, and they’ve used this wealth to shape the political landscape in their interest.