Once again, a formidable burst of state brutality against Zimbabwe’s citizenry has left at least a dozen corpses, scores of serious injuries, mass arrests, Internet suspension and a furious citizenry. The 14-17 January nationwide protests were called by trade unions against an unprecedented fuel price hike, leading to repression reminiscent of former leader Robert Mugabe’s … Keep reading »

Ruling elites stand naked. No more hoping for a rising tide to lift all boats. No more waiting for the trickle down. Fears of drowning in the maelstroms of global finance abound. Feelings of powerlessness among the have-a-little-bits and have-nots fuel the hate of the even more down-trodden and the yearning for the good old … Keep reading »

Global imbalances are once again in the news on a daily basis, as the American current account grows, with trade surpluses in other zones and capital and credit flows growing in tandem. In response, U.S. President Donald Trump slaps tariffs on imports from many of the US’s traditional allies in North America and Europe, condemning … Watch video »

Sam Gindin analyzes the political-economy of the new USMCA trade pact and its impact on the working class. Keep reading »

Whether it is called the collaborative, platform, crowd-sourcing, or ‘sharing’ economy, the rise of peer-to-peer exchanges raises important questions for workers and unions. Watch video »

The year 2019 begins with the North American Free Trade Agreement (NAFTA) 2.0 already standing exposed as another corporate trade agreement with no one, including union leaders, having paid attention to what has just happened with respect to it. Specifically, the highly praised Labour chapter to the new trade agreement (United States-Mexico-Canada Agreement) that was … Keep reading »

Adam Hanieh is interviewed about his latest book Money, Markets, and Monarchies, and the political-economy of the Middle East. Keep reading »

In 1979, Canada’s postal union (CUPW) bargained and bargained with the employer. Eventually, having exhausted all possibilities, it made the decision, supported by a huge majority of its voting members, that its members would no longer provide their services on the basis of the existing terms and conditions of the now expired collective agreement. Workers … Keep reading »

Book launch of Harry Glasbeek’s Capitalism: A Crime Story. Recorded in Toronto, 16 October 2018. Watch video »

We need to challenge the logic of capital. Elizabeth Warren’s Accountable Capitalism Act only further entrenches it. Keep reading »

The U.S. and the Weaponization of Global Finance Turkey was thrust into a full-blown currency crisis when U.S. President Donald Trump hoisted tariffs on Turkey’s steel and aluminium exports to the USA, the country’s most serious crisis since Recep Erdogan’s AKP came to power 16 years ago. The Lira lost more than 40 percent of its … Keep reading »

Socialist countries have always had banks: central banks, savings banks taking local deposits, commercial banks, and export banks. Che Guevara was even the director of the National Bank of Cuba. What makes socialist banks “socialist”? And what are the relationships between socialist and global finance? How was socialist finance taken over by networks of secret … Watch video »