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picture alliance / Reuters | Abdul Saboor

Economy and ecology

California is taking on the ultra-rich

Could this be the start of a global movement to end tax impunity at the top?

By Lamia Oualalou

picture alliance / NurPhoto | Andrew Leyden

Economy and ecology

Here he goes again

Trump’s tariff war has found a new justification. Yet if he were truly concerned about forced labour, he would address the problem at home

By Joseph E. Stiglitz

pa / United Archives / kpa Publicity

Foreign and security policy

The zombification of America

A post-American world? Apparently not so bad after all. The collapse of the world order is going much better than expected

By Stephen Marche

picture alliance/United Archives | United Archives / kpa Publicity

Democracy and society

The America that broke my mother’s heart

The times when a communal creative introspection swept across the US have long gone — to the detriment of us all

By Yanis Varoufakis

picture alliance / Mary Evans Picture Library

Economy and ecology

Capitalism’s creature

For 250 years, the market economy promised ever-greater progress at the expense of morality. Turns out that is not what Adam Smith had in mind

By Antara Haldar

picture alliance/AP Photo | Keith Srakocic

Democracy and society

Stacked atlas

Trump is having constituencies redrawn to preserve his majority. Yet it is highly doubtful whether his plan will succeed

By Antonia Herzinger

picture alliance/abaca

Foreign and security policy

More ships, more missiles, more power?

The US failure in Iran exposes the limits of power. But it also shows a deeper loss of moral and leadership capital that may be harder to recover

By Dan Smith

pa / Captital Pictures | CNP/ADM

Democracy and society

An (a)political World Cup

Trump is dreaming of a fairy-tale summer. But war, repression and travel bans could cast a shadow over the football tournament

By René Wildangel

picture alliance / empics | Jane Barlow

Future of social democracy

The myth of the deserving billionaire

While the rich get the benefit of every doubt, the poor are viewed as requiring discipline. Why?

By Teresa Ghilarducci

Foreign and security policy

The art of war — but scratch the art

The May summit between Xi and Trump is shaping up to be a historic mismatch between a long-term strategist and a false prophet touting his successes

By Stephen S. Roach