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Articles on Capitalism

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An Instacart worker loads groceries into her car for home delivery. There is a strong argument to be made that gig work is false self-employment, meaning that workers are not actually freelance. (AP Photo/Ben Margot)

Gig workers aren’t self-employed – they’re modern-day feudal serfs

Feudalism has been replaced by capitalism, and the new villeiny — or neo-villeiny — has emerged to reflect a relationship between a worker and an organization.
Some Bitcoin evangelists see the currency as an answer to problems that plague society. mustafa akman/iStock via Getty Images

Why are people calling Bitcoin a religion?

With mantras, a mysterious founder and promises of societal salvation, there are echoes of religious traditions in the cryptocurrency.
Afrofuturist’s work is rooted in the desire to transform the present for Black people. Here actor Mouna Traoré in ‘Brown Girl Begins’ (2017) directed by Sharon Lewis set in a post-apocalyptic version of Toronto. Urbansoul Inc

Afrofuturism and its possibility of elsewhere: The power of political imagination

Afrofuturist’s work is rooted in the desire to transform the present for Black people. To do so, they imagine a reality in which Black people are the agents of their own story, countering histories that discount and dismiss them.
An unemployed man collects trash for resale in Diepsloot Johannesburg. Calls are growing for a basic income grant for poor South Africans. EFE-EPA/Kim Ludbrook

South Africa’s basic income versus jobs debate: a false dilemma

Basic income must be embedded within a broader strategy of economic reform, aimed at increasing the social wage and improving working conditions.
A woman sweeps outside her shack in Khayelitsha, Cape Town. South Africa is among the most unequal societies in the world. Getty Images

Book calls for a rethink of capitalism amid the ravages of COVID-19

Rethinking capitalism requires that the primary focus should be on the distribution of economic power as the potential leading causal factor driving inequality.

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