Category: Economy
-
Air Canada Workers Reject Wage, Pension Concessions
Members of the largest union at Air Canada have narrowly voted to reject an extraordinary agreement that would have frozen their wages for the next 21 months and allowed the … Keep reading »
-
World Slump
The Financial Crisis and Emerging Class Struggles in the Global South Toronto, June 28, 2009 – The political period that has opened up since the financial turbulence of 2007 began to … Watch video »
-
Lessons from the Humbling of General Motors
Of all 20th century industries, it was the auto sector that best captured the sway of capitalism and the rise of American dominance. The assembly line showed off capitalism’s remarkable … Keep reading »
-
The Economic Model Is in Need of Change
That the Latin American Left has been leading the struggle against neoliberalism and beginning the process to define a 21st century socialism is by now hardly a discovery. This last … Keep reading »
-
Colonialism and the Economic Crisis in Canada
The Left in Canada has been quick to point out the shortcomings of the Conservative government’s official response to the recession. Not surprisingly, the response doesn’t mark a departure from … Keep reading »
-
Complicit, Complacent or Committed? Proposals to Build Pension Security for All Workers
Last summer, Buzz Hargrove, the soon to be former President of the Canadian Auto Workers (CAW), insisted – along with General Motors (GM) executives – that pension fears were unwarranted. … Keep reading »
-
The Crisis of Finance Capitalism Challenges For The Left
The brave new world of neoliberalism lies in ruins. Its wealth turned out to be based on robbery, sham and deceit. The Left is in a new situation. Without its … Keep reading »
-
The Auto Crisis: Placing Our Own Alternative on the Table
Deep economic crises violently interrupt daily lives and force more radical responses onto the public agenda. In the case of the North American auto industry however, that radicalism has been … Keep reading »
-
From Global Finance to the Nationalization of the Banks
Eight Theses on the Economic Crisis 1. The current economic crisis has to be understood in terms of the historical dynamics and contradictions of capitalist finance in the second half of … Keep reading »
-
The Financial Crisis: a Socialist Perspective
Montreal, February 21, 2009. A strategy with short and medium term demands, geared to fostering the relation of forces necessary to move beyond capital. Presentation by Sam Gindin. Introduction by … Watch video »
-
The Financial Crisis and American Power
An Interview with Leo Panitch What is your assessment of the relationship between this serious financial crisis emerging foremost in the U.S. and American power and economic decline? I don’t think … Keep reading »
-
Why the U.S. Stimulus Package is Bound to Fail
Much is to be gained by viewing the contemporary crisis as a surface eruption generated out of deep tectonic shifts in the spatio-temporal disposition of capitalist development. The tectonic plates … Keep reading »