Category: Economy
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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 »
Understanding the Financial Crisis
Toronto, January 30, 2009 The financial crisis that has ripped across the world market over the last year has been remarkable in the chaos it has unleashed – and continues … Watch video »
Facing the Economic Crisis
The main news these days is the global economic crisis, an event ascribed by economists and most pundits alike to a “financial” meltdown caused by the irresponsibility of mainly, but … Keep reading »
Grasping the Financial Crisis
Toronto, November 26, 2008. With Sam Gindin, Leo Panitch, Eric Cazdyn, Kanishka Goonewardena: MP3 audio Sam Gindin is Professor in the Department of Political Science at York University, and has … Watch video »
Economic Crisis and the Poor: Probable Impacts, Prospects for Resistance
Now that the crisis of the financial markets has become a crisis of the ‘real’ economy, it is obvious that those who already face poverty (or live on the edge … Keep reading »
From the Global Crisis to Canada’s Crisis
The political crisis that has suddenly erupted in Canada adds yet another dimension to the seemingly unending shockwaves set in motion by the global financial crisis. The sheer political escapism … Keep reading »
Financial Crisis and Ecological Amnesia
As OECD governments and political parties rush to pour billions of dollars into the generation of more credit to stimulate more consumption, no one seems to be pointing out that … Keep reading »
Beyond Wage Cuts, Beyond the Bailout
The global crisis quickly engulfing us threatens to become the worst since the Great Depression, and this means that past ways of doing things need to be fundamentally rethought. But … Keep reading »
The Financial Crisis and Democratic Public Finance
First let’s be clear about capitalism – and with it the character of the state under capitalism. There is a conventional assumption, a leftover of the cold war perhaps, that … Keep reading »
The Financial Crisis: Notes on Alternatives
Over the last quarter century, the left in most of the developed world has been marginalized as a social force. The ‘culture of possibilities’ for left alternatives has correspondingly narrowed. … Keep reading »
Making the World’s Poor Pay
The Economic Crisis and the Global South The current global economic crisis has all the earmarks of an epoch-defining event. Mainstream economists – not usually known for their exaggerated language – … Keep reading »