Category: Economy
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Disaster in the Making: Canada Concludes Its Free Trade Agreement With Colombia
What’s the monetary value of a Colombian trade unionist’s life? As it turns out, it depends on how many are killed in a given year since the potential fines the … Keep reading »
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Falling Wages, High Prices and the Failure of an Export-Oriented Economy
In April 2008, after a wave of protests over low wages and high food prices, including an attempt to generate a general strike by many workers and social activists on … Keep reading »
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Farmers Seek Defenses Against the Giants of Agribusiness
Around the world, farm income is plummeting, pushing farmers off the land and into destitution. At the very same time, soaring food prices are putting tens of millions onto starvation … Keep reading »
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The Credit Crisis in Canada: The First Six Months
The 2007 credit crisis irrupted in Canadian financial markets in mid-August. The immediate backdrop to this was the growing concern in financial markets about the value of assets underlying commercial … Keep reading »
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Differences between 1982 and 2007-2008
In 1982, the external public debt crisis of the developing countries was triggered by the combined effects of the rise in interest rates imposed by the United States two years … Keep reading »
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Decline of the Dollar, Decline of the Empire?
Toronto — 18 January 2008. Moderated by Leo Panitch. Presentations by: Chris Rude is a political economist with an interest in finance. He has taught economics at NYU and the … Watch video »
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Financial Capital: Crises Are Part of the Game
Everything went well during the summer of 2007. The economy was in an upswing and stock-market prices rose even faster. Then the end of the housing boom in the United … Keep reading »
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The Crisis in Manufacturing Jobs: Struggling for Answers
The last weeks of May have seen major demonstrations of workers’ discontent with the crisis that has been unfolding in Canada’s manufacturing sector. Some 52,000 jobs have been lost in … Keep reading »
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The Auto Industry
Concretizing Working Class Solidarity: Internationalism beyond Slogans by Sam Gindin. Keep reading »