Category: Economy
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The Two Faces of Government ‘Largesse’
Vulgar political partisanship and crass hand-outs to corporate welfare bums. Keep reading »
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A Prime Competitor: Understanding Amazon’s Market Power
A large body of scholarship has emerged in recent years attempting to assess if Amazon is a monopoly. Such accounts generally define monopoly in terms of the neoclassical “quantity theory … Keep reading »
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Short clip: Fall and Rise of American Finance
Authors Scott Aquanno and Steve Maher talk about: 0:00 The importance of analysing the financial system 0:40 The Fall and Rise of American Finance 1:00 Challenge the left – finance … Watch video »
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Book launch: The Fall and Rise of American Finance
With authors Scott Aquanno and Steve Maher. Moderated by Lenart Nici. Recorded in Toronto, 27 April, 2024. The Leo Panitch School for Socialist Education is proud to present the launch … Watch video »
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The Budget and the Canadian Housing Market: Another Ruined Dinner Party
Chrystia Freeland put on her best smile to introduce two new bonbons she hopes will sweeten the lives of Canada’s first-time home buyers. On 11 April, Canada’s deputy prime minister … Keep reading »
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The Power of Finance Is Inherent to Capitalism
Analysts of financialization often present it as a sign of capitalist decline, yet the rise of finance has actually strengthened capitalist domination. The only way to challenge this power is by converting finance into a public utility. Keep reading »
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Neoliberalism is Canada’s Real Productivity Problem
The left should not discount the importance of raising productivity, but more of the same economic policies is not the answer. Keep reading »
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Bidenomics and the Left
“There’s something happening hereBut what it is ain’t exactly clear.” – “For What It’s Worth,” Buffalo Springfield. The Other Crisis The go-to crises of the socialist left have been “American declinism” … Keep reading »
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Cementing Neo-Colonial Relations: the EU–Mercosur ‘Free’ Trade Deal
“EU and Mercosur leaders ignore the voice of the people to push forward with toxic deal,” declared the Stop EU-Mercosur campaign alliance, a coalition of more than 450 organisations from … Keep reading »
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Class Leaders and Tipping Point for Advanced Capitalism
We are living in the most dangerous time for the human species since our early origins. The massive numbers of wildfires destroying large swaths of Canada and elsewhere this summer … Keep reading »
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Recent Subsidies: The Deification of Capitalism and the assault on all that Matters
On 6 July, 2023, Canadians watching the news were regaled with pictures of beaming federal and provincial politicians, flanked by some rich people who looked sober and content. The viewers … Keep reading »
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Is Intellectual Property Turning into a Knowledge Monopoly?
The twentieth century saw the emergence of publicly funded universities and technical institutions, while technology development was concentrated in the R&D laboratories of large corporations. The age of the lone … Keep reading »