Category: Economy
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Money, Markets, and Monarchies
Adam Hanieh is interviewed about his latest book Money, Markets, and Monarchies, and the political-economy of the Middle East. Keep reading »
Oshawa and Postal Workers: Big and Small Lies We Accept
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 »
Capitalism: A Crime Story – Harry Glasbeek Book Launch
Book launch of Harry Glasbeek’s Capitalism: A Crime Story. Recorded in Toronto, 16 October 2018. Watch video »
Accountable Capitalism or Democratic Socialism?
We need to challenge the logic of capital. Elizabeth Warren’s Accountable Capitalism Act only further entrenches it. Keep reading »
The U.S.-Turkey Stand-off in Context
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 »
From Socialist Finance to Peripheral Financialization: The Yugoslav Experience
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 »
The Canadian Pension Plan: The Deadly Hand of the Market
A recent article in the Toronto Star and its accompanying photo bear comment. The reaching hands are not of rioting, starving people grasping for food but of stockbrokers on the trading floor. The article, about protecting individual portfolios, counsels people to know of their options though “the majority of investors have little or no understanding … Keep reading »
Contradictions of Pension Fund Capitalism
Kevin Skerrett and Chris Roberts discuss the significance of their edited book, The Contradictions of Pension Fund Capitalism. Heather Whiteside and Janice Folk-Dawson speak to the issues the book raises for the trade union and working class movements today. Recorded in Toronto, 29 March 2018. Watch video »
Bringing Back The Lucas Plan
“We got to do something now, the company are not going to do anything and we got to protect ourselves,” proclaimed a shop steward at Lucas Aerospace when filmed by a 1978 documentary by the Open University. He was explaining the rationale behind the so-called Alternative Corporate Plan, better known as the Lucas Plan. It … Keep reading »
NAFTA is a Bill of Rights for Capital
Dr. Richard Roman, co-author of Continental Crucible: Big Business, Workers and Unions in the Transformation of North America discusses how NAFTA deepened and ‘constitutionalized’ neoliberal reforms already underway. Watch video »
A New Strategy for Higher Education
In the British Labour Party’s 2017 election manifesto, the pledges to abolish university tuition fees and reintroduce maintenance grants were widely seen as vote winners, but that was the extent of the party’s policy commitments toward the sector. Since the election, Labour has supported staff and students in challenging the yawning gap between highly-paid vice-chancellors … Keep reading »
Amazon Is a 21st-Century Digital Chain Gang
When Amazon announced plans to locate a $5-billion, 50,000-employee complex as its second headquarters somewhere in North America, state governments and municipalities fell over themselves offering billions of dollars in tax abatements and corporate subsidies to secure the prize. Keep reading »