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Currently viewing articles tagged with Economic Crisis.
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The Global Crisis of Capitalism
Crisis theorists confuse what is clearly the degrading of labour, the savaging of living and working conditions and even the stagnation of the economy, with a ‘crisis’ of capital: when the capitalist class increases its profit margins, hoards trillions, it is not in crisis. The key point is that the ‘crisis of labour’ is a major stimulus for the recovery of capitalist profits.
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The Global Economic Crisis—Part 3
Canadian Dimension posed a number of questions to three well-known economists to reflect on the roots of the crisis and what lies ahead, and to advance some progressive options. This week we publish the responses from Sam Gindin, former economist with the CAW and co-author of the forthcoming book “The Making of Global Capitalism: The Political Economy of the American Empire” (Verso, 2012).
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Are we there yet?
There is always a tendency for capital to curb democracy from becoming too effective, too prescriptive about how private wealth should be divided and deployed. Every now and again, this curbing may be excessive, causing problems for the legitimacy of the regime. There are signs we may be in such a moment.
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The Global Economic Crisis—Part 2
Canadian Dimension posed a number of questions to three well-known economists to reflect on the roots of the crisis and what lies ahead, and to advance some progressive options. This week we publish the responses from Marjorie Griffin Cohen, economist and professor of Political Science and Gender, Sexuality and Women’s Studies at Simon Fraser University.
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The Global Economic Crisis—Part 1
Canadian Dimension posed a number of questions to three well-known economists to reflect on the roots of the crisis and what lies ahead, and to advance some progressive options. This week we publish the responses from Jim Standford, author of Ecomonics for Everyone and economist with the Canadian Auto Workers, Canada’s largest private-sector trade union.
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The 1% solution in Europe
Last month a Super Committee (12 Members of Congress) failed to decide—fortunately—our economic destiny: where our tax money would go—or not. Yes, capitalism failed again. And with it went democratic procedures in the political arena.
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The Left’s Responses to the Crisis in Europe and North America
A Panel discussion chaired by Greg Albo including Stephanie Ross, Leo Panitch, Bill Fletcher on the Left’s Response to the Crisis in North America and Europe.
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Web Exclusive: The Democratic Party Debacle and the Demise of the Left-Center Left
The central question is why the left-center left governing parties are everywhere in crisis and will be for the foreseeable future?
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Review: Terrorism and the Economy: How the War On Terror Is Bankrupting the World
While the root of the crisis lies within the capitalist system itself, economist Loretta Napoleoni chooses to focus on the many ways in which the wars in Afghanistan and Iraq have contributed to this crisis.
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Venezuela’s economic woes?
Venezuelan business federation Fedecamaras warned on May 5 that Venezuela faces an “economic and social crisis”. The federation helped organize a 2002 military coup against Chavez that briefly installed Federcamaras leader Pedro Carmona president before a mass uprising restored Chavez.
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