Tag: U.S. Economy
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Banking failures and a system in crisis
Thomas Hummel examines the recent run of bank failures and finds a system riven by crisis and contradictions.
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A rocky road on the upward path of labor action
Kim Moody looks at the changing economic, internal union, and political contexts for workers whose contracts expire this year and argues that intransigent employers will face a union workforce with years of accumulated grievances, a cost-of-living crisis, and a rebellious rank and file. We can expect major struggles in 2023. This offers a huge opportunity…
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This recession is an ambush
Portland socialist Shamus Cooke has warned that the ruling class is conjuring up a recession to wipe out recent workers’ gains. Here he writes that we need a national response that combines action from below with steps toward workers’ political independence.
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The Fed’s inflation plan is class war
By quickly raising interest rates over the summer, the Federal Reserve Board has pushed the economy toward recession. This is an attack on recent gains by the working class, argues Shamus Cooke, and workers need independent politics to fight back.
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See you at Labor Notes
On behalf of the Tempest Collective, Joe Allen describes the political terrain ahead of the Labor Notes Conference and the importance of an open and serious engagement with the socialist movement.