Category: Economy
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Global Capitalism, Global Pandemic, and the Struggle for Socialism
We are now in the grip of one of the worst economic crises in the history of modern capitalism. As the Coronavirus pandemic forces people to stay home and businesses … Keep reading »
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Marx in the Era of Pandemic Capitalism
How could Karl Marx (1818 – 1883) help us interpret the current crisis? His theory of history offers critical resources to interpret the unprecedented crisis which is shaking the world today, while indicating at the same time that ‘the world after’ so much mentioned could only be anti-capitalist. Keep reading »
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Throwing Sand into the Money Machine
German Pensions and the Financial Transaction Tax Throwing sand into the machinery of financial markets was the goal Attac Germany set itself when it was founded 20 years ago. A financial … Keep reading »
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The Coronavirus and the Crisis This Time
“…so many of the out-of-the way things had happened lately, that Alice has begun to think that very few things indeed were really impossible” — Lewis Carroll, Alice in Wonderland. … Keep reading »
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The Cost of This Pandemic Must Not Bankrupt the People
The global pandemic of COVID-19 has spread to almost every country on the planet earth. The virus will take many lives, disrupt communities and institutions, and leave behind trauma and … Keep reading »
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Capitalism, Coronavirus and the Road to Extinction
The Godzilla-like image of the virus Covid-19 has been haunting the world. Not only has the virus unraveled nightmarish possibilities leading to the extinction of millions of people, but it … Keep reading »
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Cold Turkey Kenney: Oil-Addiction, Withdrawal and Alternatives in Alberta
Alberta Premier Jason Kenney’s messages were often inconsistent, and would certainly fail fact-checking, but they were very persuasive. Until recently. Uncertainties create demand for reassurance, and the reasons for uncertainty … Keep reading »
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Waterfront Toronto: Google’s de facto Development Arm in Canada
Big tech’s smart city initiatives aim at taking over governance and decision-making functions in cities around the world. While peer-to-peer platform giants like Uber and AirBnB have long been disrupting … Keep reading »
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Austerity and the Crisis in Healthcare
Analysis of the Ontario Government’s Economic Statement Ontario’s government released its economic statement today (March 25). Overall, they are providing $3.3-billion for healthcare, another $3.7-billion in supports for people and businesses, … Keep reading »
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Is a Democratic Biopolitics Possible?
Giorgio Agamben’s recent intervention (“The Invention of an Epidemic”) which characterizes the measures implemented in response to the Covid-19 pandemic as an exercise in the biopolitics of the “state of … Keep reading »
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Inoculating Against Globalization: Coronavirus and the Search for Alternatives
Social developments constantly surprise. The latest anxieties over the economic contradictions of extreme globalization haven’t been triggered by a trade war, inter-imperial rivalry, a financial meltdown or riots in the … Keep reading »
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No, the Coronavirus is Not Responsible for the Fall of Stock Prices
We are witnessing a big crisis in the stock markets on Wall Street, Europe, Japan and Shanghai, and many blame the coronavirus for it. In the last week of February … Keep reading »