The One Big Beautiful Bill Act signed by U.S. President Donald Trump is the most sweeping legislation in modern U.S. history, implementing huge tax cuts for the rich and massive cuts to the social safety net.
Many foundations preaching democracy externally are practicing anti-democratic ideology internally by enforcing top-down decision-making and power consolidation. Funders must shift power to communities.
The heightened salience of identity in modern political discourse suggests an internalisation of the neoliberal view, reducing identities to consumer preferences.
We should not let the follies of Trump's tariffs overshadow the follies of the gung-ho globalization that preceded them. So said the award-winning economist James K. Boyce in a recent interview. In 2022, the most recent year that data is available, the US trade deficit totaled $971 billion or 3.77 percent of the GDP. The last US trade surplus was in 1975.
Liberalism must focus on dispersing and controlling power, creating a countervailing force against the rise of nationalist populism and the authoritarian assertions of major powers.
Mr. Lurie said he would stick with San Francisco's long-held liberal values, like standing up for the rights of immigrants, transgender people and women seeking abortions if Mr. Trump's administration tries to curb those rights.
The emergence of social cooperatives marks a shift in social care, focusing on community-led services that rehumanize care through collaborative relationships and shared responsibilities.