Economist Daron Acemoglu wants liberal democracy to connect with working people’s material interests and political power.
His case for institutional renewal should be taken seriously, but it needs a fuller account of class, war, and worker organization.
Daron Acemoglu, who won the Nobel Prize in 2024, is no heterodox economist.
But now The Economist magazine has damned his work, because it challenges the untrammeled power of Big Tech elites.
Mayor Zohran Mamdani plans to require landlords to collectively bargain with tenant unions.
While NYC tenants are already legally allowed to organize, landlords are not required to recognize tenant unions or bargain with them.
Mamdani wants to change that.
"Socialists not only understand economics just as well as capitalists... but can solve their years of mismanagement through an embrace of our principles." — @ZohranKMamdani
It has become fashionable to talk about the rise of technofeudalism.
But an Uber driver is not a peasant legally tied to a lord, but simply an insecure worker forced into an unbalanced commercial contract with an exploitative boss.
On December 4, 1969, Black Panther leader Fred Hampton was murdered by police.
“We're going to fight racism not with racism, but we're going to fight with solidarity. We say we're not going to fight capitalism with black capitalism, but we're going to fight it with socialism.”