Articles & Videos

The “professional-managerial class” (PMC) has become a staple of political debate on the Left. In this episode of Confronting Capitalism, Vivek Chibber explains why the PMC is better understood as a heterogeneous layer within capitalism rather than a distinct class, how and why the middle strata have expanded, and what has pushed so many professionals […]

David Sirota’s full interview with the “greed beat” journalist about the bizarre ways the mega-rich are spending their millions.

“When we return from the summer break, there’ll be a clash between reality and ideology.” Thus insisted French prime minister François Bayrou at yet another press conference to defend his austerity budget, which promises an extra €44 billion in spending cuts. Bayrou here echoed the usual neoliberal refrain: public debt is an absolute evil, and […]

Managers are increasingly opting to retrain their employees rather than axing them, a report from the New York Federal Reserve found.

Mamo Mihretu, the central bank governor, is credited with executing the government's plans to liberalize the country's economy.

US employers added just 22,000 jobs in August, far fewer than expected, and the unemployment rate ticked up to 4.3%

The drugmaker's CEO told Bloomberg it expects to make versions of Ozempic and Wegovy for less than half the average global price.

The listing looks set to be the country’s biggest ever initial public offering, as the oil-producing country expands its privatization drive.

The offer could make the former White House adviser the world’s first trillionaire.