Category: Economy
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Labour and the Corporate Economy
General Electric (GE) is moving out of Peterborough. It leaves the town, the county, Ontario and Canada with an enormous mess. One of the world’s largest conglomerates has become the … Keep reading »
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A Gap in Marx? Value, Nature and Society
The metabolic exchange between nature and society in a mode of production based upon value So many accusations have been levelled against Karl Marx and, to an even greater extent, his … Keep reading »
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The Duplicity of Law and the Cowardice of Capitalists
Capitalism is ugly. The major villains at Goldman Sachs, J.P. Morgan, Citigroup, Barclays Bank, Royal Bank of Scotland, AIG, were not impelled by any desperate need they had to meet, … Keep reading »
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GE’s Switch
The resignation of General Electric (GE) CEO Jeff Immelt last month is the latest sign of the broad restructuring of political and economic power currently underway in the United States. … Keep reading »
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Against NAFTA: Resolution to Support Workers in Canada, Mexico and the USA
The following resolution calling for the repeal of the North American Free Trade Agreement (NAFTA) is the work of the Autoworkers Caravan. It is an organizing, educating and mobilizing group … Keep reading »
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Trumping NAFTA: Free Trade versus Democratic Planning
Opposition to ‘free trade’ is in the air again, though not in the way most of us expected or hoped. Three decades ago, the move to guarantee, extend and deepen … Keep reading »
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Bill C-27: An Attack on Pensions
The Ottawa Committee for Pension Security (OCPS) recently co-hosted a panel discussion with the Congress of Union Retirees about Bill C-27, a Bill that will give employers the tools they need to dump their defined benefit pension plan guaranteed promises, including the benefits already earned and paid for by active workers and retirees. Watch video »
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Anti-Austerity Geringonça in Portugal
A new word has arisen in the European political debate: Geringonça. This new Portuguese political term geringonça (contraption), refers to the current minority government of the Socialist Party (center-left) supported … Keep reading »
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Monopolization and Labour Exploitation
Those who advocate “freeing the market” claim that doing so will encourage competition and thereby increase majority well-being. These advocates have certainly had their way shaping economic policies. And the … Keep reading »
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Trump’s Economic Policies Are No Answer To Our Problems
President Trump has singled out unfair international trading relationships as a major cause of US worker hardship. And he has promised to take decisive action to change those relationships by … Keep reading »
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Toronto Mayor’s Housing Policies Costs Lives
Eighty people have died in the last two years as a direct result of homelessness in Toronto. That’s one homeless person dying every 10 days. In 1985, people fighting homelessness … Keep reading »
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Misreading the Historical Moment
A Response to Murnighan’s “Unifor and Big Three Bargaining” Deep economic crises, as opposed to the regular ups and downs of capitalism, have played a special role in the history of … Keep reading »