Have all of the ingredients ready: chopped veggies in one bowl, spices measured out in a small bowl, cans opened.
Heat olive oil over medium heat in a large pot or dutch oven. Add chopped veggies and spices. Sauté, stirring, for 2 minutes. Add the rest of the ingredients, using only 1 cup of the tomato juice. Bring to a boil. Lower to a simmer and cook, stirring occasionally, for 20 minutes, uncovered. Add additional tomato juice if you want to thin the chili. Season to taste with salt and fresh pepper. Serve with assorted toppings.