Category: Economy
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In and Out of Crisis
The Global Financial Meltdown and Left Alternatives With the recent publication of their new book on the financial crisis and the crisis of the North American Left, In and Out Of … Keep reading »
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Workers, Banking, and Crisis in Mexico
A striking feature of the global financial crisis is the narrow and technical focus on banks and financial corporations without accounting for ordinary workers in these institutions and in society … Keep reading »
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Beyond ‘Stimulus’ – Fiscal Policy After the Great Recession
As the communiqué from the Pittsburgh G20 summit put it, “it worked.” Unprecedented macro-economic stimulus in the form of ultra low interest rates and large government deficits has pulled the … Keep reading »
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Roots of the Economic Crisis: Critical Perspectives
This workshop explores alternative interpretations of the current economic crisis. The presentations are from organized labour, community activists and academics. The focus of this workshop is critical engagement, discussion and debate. Presentations by Andrew Jackson, Toby Sanger and Justin Paulson. Watch video »
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Public Sector Workers: The Recession’s Next Victims?
I fear that Tom Walkom of the Toronto Star is bang on when he argues that the next victims of the recession will be public sector workers. As he writes: … Keep reading »
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Economic Crisis Hits States and Municipalities
Crises expose the system’s irrationalities and wasteful resource allocations. For example, Madoff and his many, smaller imitators reveal the tips of corruption icebergs. More important, the crisis-induced fiscal emergencies looming … Keep reading »
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Ontario’s Budgetary Dilemmas: Exit Strategies and Neoliberalism
The financial panic that consumed U.S. mortgage markets two years ago quickly became a global economic crisis of alarming breadth and depth. No country or sector has been able to … Keep reading »
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Challenges for Public Sector Unions: Thinking Big to Win
How did we get to this economic crisis? — It’s common to point the finger at greedy bankers, irresponsible speculators and regulators who let the financial system spiral out of control. Each of them certainly deserves blame but we need to look deeper. The crisis wasn’t just about the excesses of our economic system; it was rooted in what had become the normal, everyday functioning of our economic system. Keep reading »
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Financial Meltdown
Canada, the Economic Crisis and Political Struggle Over the last quarter century, the left in most of the developed world has been marginalized as a social force. The ‘culture of possibilities’ … Keep reading »
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What’s in Play at Pittsburgh?
The London G-20 summit last fall may go down in history as the meeting that saved the world. That’s a huge exaggeration of course, but leaders did agree to a … Keep reading »
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The End of Retirement?
The attack on private sector pensions is not new; while the process has been uneven across time and sectors, private pensions in the U.S. and Canada have been eroding for … Keep reading »
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Transcending Pessimism: Rekindling Socialist Imagination
I “We’re free… we’re free.” The last words of Arthur Miller’s masterpiece, Death of a Salesman, are uttered, sobbing, by Linda Loman over her husband Willy’s grave. Weary and penniless … Keep reading »