The confidence of the collective capitalist class has received a body blow as Trump imposes the highest tariffs since the 19th century.
The Economy
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Trump’s Tariffs Deepen Protectionist Tendencies in World Economy
Trump is about to announce his new tariff package on what he’s calling “liberation day.” Commentators, politicians, diplomats, and CEOs are scrambling to work out what is coming.
Faced with Trump’s Tariffs: Working Class Unity and International Socialism
Tariffs and trade wars are a manifestation of the crisis of capitalism. There is no lasting solution for the working class within the limits of this rotten system.
Liberals Can’t Figure Out Why Americans Are So Unhappy
Although GDP has grown faster than any other high-income country, the US ranks among the lowest in life expectancy, child mortality, murder rates, trust in government, and depression.
FAQ: What You Need to Know about Tariffs
Communists support neither capitalist free trade nor capitalist protectionism. We fight for a democratically planned world economy that will meet our needs, not enrich the wealthy few.
Trump Wants to Raise Taxes on Workers to Fund Handouts for the Rich
When you hear someone say “tax cuts,” you’d be forgiven for thinking it means you’ll pay less in taxes. But millions of workers will see their taxes increase by hundreds of dollars per year.
Trump Promises to Bring About “The Golden Age of America.” Easier Said than Done!
Trump says that America was “a smart country” in the 1890s, when it had “all tariffs” and “no income tax.” This sounds nice, but a lot has changed in the last 130 years or so.
“Dad Sold the Business … His Next Job Was at Walmart”
My parents were restaurant owners in the Bay Area. They had a good product—popular both in Berkeley, where two of their restaurants were located, and in neighboring cities. That didn’t matter though.
30 Years since NAFTA Took Effect, Life Is Harder for American Workers
30 years since NAFTA came into effect, economic growth is stagnating and inequality has reached previously unimaginable levels.
Harris’s Housing Plan Is a Handout for Finance Capital
Both capitalist candidates are promising half measures which will not solve the housing crisis. What they will do is enrich the same capitalists who drove up housing costs in the first place.
Stock Market Panic Raises Recession Fears
A “soft landing” is extremely unlikely in this period of terminal capitalist decay. We have entered the most turbulent epoch in capitalism’s history—punctuated by wars, economic instability, and revolutions. These are the death rattles of a decaying and irrational system.
Recession or “Vibecession”?
Economists are speaking of a “vibecession,” as if the suffering of workers is purely emotional. If only we studied economic statistics more closely, we would understand how great we have it!
The Communist: The Voice of America’s Communist Generation
The Communist is the official newspaper of the party of the Revolutionary Communists of America. It is different from any other publication you’ll find in the US today. Behind this newspaper, there’s a vast network of communist activity from coast to coast. It is a tool for organizing in the streets, at protests and strikes, for building communist cells in our neighborhoods, workplaces, and campuses.
The RCA is on a mission to carry Bolshevism into the political arena of a country that’s ripe for it. Yes, we’re Bolsheviks living in the digital age, and we also use social media and our podcast to spread the communist program. But we’re not the kind of internet leftists who stay inside and “do politics” online. That’s why we need something we can carry with us into the streets and put into people’s hands. The physical paper is an instrument for building a real-life organization—a genuine Communist Party of fighters.