Financial Meltdown

Canada, the Economic Crisis and Political Struggle

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. But historic changes, above all the discrediting of neoliberalism, hold out the potential of at long last reversing that earlier defeat. With the continuing financial turmoil and the global economy about to enter the worst downturn since the great depression, the desperate need for alternatives is clear enough; the question is whether we can develop the capacity to once again be a relevant social actor.

Socialist Interventions Pamphlet No. 9 – October 2009.