Category: Economy
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Morbid Symptoms, Premature Obituaries: The American Empire
Globalization, which now confronts us as a locked-in inevitability, looked quite different in the first half of the 20th century. Then, in the face of the horrors of two world … Keep reading »
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Pandemic Lessons for Rebuilding Canada’s Welfare State
As the threat of a recession looms large, it is critical that we push for urgent reforms to our social protection systems. Keep reading »
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The New Finance Capital has Blurred the Line Between Industrial and Financial Corporations
Critical scholars and progressive politicians alike have today widely embraced the view that finance is a parasitical and corrosive force on the “real” industrial economy. According to this perspective, ‘financialization’ … Keep reading »
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System Change, Class War, and the WW2 Economic Conversion Experience
The climate crisis has driven our planet into uncharted territory. We are close to breaching critical environmental thresholds, setting in motion destabilizing changes to our global climate system that could … Keep reading »
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Jobs, Inequality and Post-Democracy in Canada
In Fall 2022, it is well worth celebrating some of the recent victories and new efforts at mobilizing by workers in Canada and around the world. In Canada, the Teamsters … Keep reading »
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Tackling Inflation in Canada: For Corporations or Workers?
On July 13, Governor of Bank of Canada (BoC) Richard “Tiff” Macklem announced a 1% increase in the BoC’s interest rate. First, it was Chrystia Freeland, Canada’s Finance Minister, telling … Keep reading »
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Inflation, the Fed and Workers
The US Federal Reserve (the Fed) is supposed to have a dual mandate of “maximum employment and price stability.” However, a close look at its policies since 1980 have shown … Keep reading »
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Inflation: What Workers Need to Know
Inflation and the fight against it is on the public agenda today in a way not seen since the 1970s. Adolph Reed Jr. leads a discussion with Sam Gindin and … Watch video »
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The Left, Inflation and Monetary Policy
The return of high inflation after the global pandemic poses a major political and analytical challenge for labour and the left. On top of cuts to real wages resulting from … Keep reading »
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Participatory Economics: What, Why, How
There may be one thing in the world that most of humanity agrees on. When considering the state of present-day institutions of economy, polity, community, and kinship relations, people broadly … Keep reading »
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Corporate Capital and the Integral State
Steve Maher’s new book, Corporate Capitalism and the Integral State: General Electric and a Century of American Power, develops an original conception of what Gramsci called the ‘integral state’. It … Watch video »
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Do Nothing by Halves That Can be Done by Quarters: Federal Budget 2022
A consistent theme in the media, when writing about healthcare in Canada, is to use disparaging adjectives, such as ‘dilapidated,’ ‘ramshackled,’ ‘exhausted.’ They are not exaggerations. The main thing we … Keep reading »