Category: Economy
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Tackling Inflation in Canada: For Corporations or Workers?
On July 13, Governor of Bank of Canada (BoC) Richard “Tiff” Macklem announced a 1% increase in the BoC’s interest rate. First, it was Chrystia Freeland, Canada’s Finance Minister, telling … Keep reading »
Inflation, the Fed and Workers
The US Federal Reserve (the Fed) is supposed to have a dual mandate of “maximum employment and price stability.” However, a close look at its policies since 1980 have shown … Keep reading »
Inflation: What Workers Need to Know
Inflation and the fight against it is on the public agenda today in a way not seen since the 1970s. Adolph Reed Jr. leads a discussion with Sam Gindin and … Watch video »
The Left, Inflation and Monetary Policy
The return of high inflation after the global pandemic poses a major political and analytical challenge for labour and the left. On top of cuts to real wages resulting from … Keep reading »
Participatory Economics: What, Why, How
There may be one thing in the world that most of humanity agrees on. When considering the state of present-day institutions of economy, polity, community, and kinship relations, people broadly … Keep reading »
Corporate Capital and the Integral State
Steve Maher’s new book, Corporate Capitalism and the Integral State: General Electric and a Century of American Power, develops an original conception of what Gramsci called the ‘integral state’. It … Watch video »
Do Nothing by Halves That Can be Done by Quarters: Federal Budget 2022
A consistent theme in the media, when writing about healthcare in Canada, is to use disparaging adjectives, such as ‘dilapidated,’ ‘ramshackled,’ ‘exhausted.’ They are not exaggerations. The main thing we … Keep reading »
Canada’s Spiralling Cost of Living Crisis
As we purportedly emerge from the pandemic, one of the immediate challenges that confronts us is a global cost of living crisis. There has been a sharp round of inflation … Keep reading »
Inflation: Reframing the Narrative
Fighting inflation is on the public agenda today in a way not seen since the 1970s. The orthodox response – having central banks raise interest rates to slow the economy, … Keep reading »
Historical Development of Capitalism /w Steve Maher
Historical Development of Capitalism – from the early 20th century, to the present: Post WWII, Marshall Plan, Bretton Woods, Post-War Boom, Nixon Shock, Stagflation, Class Discipline, Globalization, Volcker Schock… all … Watch video »
‘Crush Inflation’?: Workers, Living Standards, and the Politics of Inflation
Politicians, the media, central bankers and the average worker have all been talking up the recent acceleration in the cost of living. Just a short time ago price rises of … Watch video »
Rosa Luxemburg and Debt as an Imperialist Instrument
103 years back, Rosa Luxemburg was shot dead and her body flung into Berlin’s Landwehr Canal. However, she could not be wiped out from history as her life and works … Keep reading »