Category: Economy
-
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 »
-
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 »
-
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 »
-
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 »