The Spark

the Voice of
The Communist League of Revolutionary Workers–Internationalist

“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx

The Only Meter That Should Expire?
Capitalism.

Jun 23, 2025

ParkChicago paid 1.16 billion dollars in 2008 to control Chicago’s parking meters for 75 years. Since then, prices have more than tripled in some places. They’ve already raked in 2 billion dollars—and still have 58 years to keep cashing in.

During COVID, the city paused meter ticketing. ParkChicago cried about “lost revenue,” and now they’re getting a 15.5-million-dollar payout.

The deal also includes stricter enforcement. So not only do we pay more, but we get ticketed harder—for their profits. Meanwhile, none of this money touches schools, transit, or anything that actually helps workers.