How Canada benefits from instability in Ecuador
At a time when the Ecuadorian government’s social disinvestment has wrecked the country’s economy and security sector, Canada is arguing for its right to deprive Ecuador of even more public money. Ottawa’s main concern is Ecuador’s resources: how to access them, and how to ensure Canadians can bring home as much profit as possible while exploiting them.
Has China really reached the end of its economic boom?
Western economists continue to argue that the Chinese economy is heading down the drain. As Michael Roberts argues, this critique is not factually correct, and it aims to distract attention from the reality that the Western capitalist economies (apart from the United States) are floundering in stagnation and near slump.
The global crisis of representation intensifies
The fates of electoralism and militarism are entwined. In conditions of renewed cold war, the choices on offer and the potential range of policies and programmes are constrained by national security considerations and the shifting alignments of bloc politics. The voice of constituencies who believe that peace and development should be the priority remain unrepresented.
The apocalyptic doublethink of Poilievre’s economics
Practically every point in Conservative Party leader Pierre Poilievre’s story about housing affordability and debt—captured in two recent ‘mini-documentary’ films released across his social media channels—sounds compelling until one bothers to look up the claim. When one does, however, that same point turns into evidence Poilievre is proposing national economic suicide.
While Canadian workers struggle, CEOs keep getting richer
While the bank accounts of Canada’s richest executives and CEOs bloat with money that should be equitably distributed to all, food prices, housing costs, and homelessness are spinning out of control, disproportionately impacting the marginalized and oppressed: Indigenous peoples, people of colour, women and LGBTQ+, and the working class in general.
Debunking Poilievre’s housing ‘documentary’
Despite highlighting the role of investors in artificially increasing the cost of housing across Canada, “Housing Hell,” Conservative leader Pierre Poilievre’s mini-documentary on the housing crisis, ends up proposing measures that will further enrich the same property developers and investors who already own a massive chunk of the country’s housing stock.
For one week, can Canadians please talk about land instead of housing?
Even if producing a record supply of housing units could guarantee solving the affordability issue, actually building that much housing with viable density comes with a steep price tag. Even advocates of mass housing admit as much. If we don’t go after the land value itself, we are essentially trying to deflate a balloon by blowing on it.
No shelter from the storm
When a country as prosperous as Canada cannot meet the shelter and housing needs of the most vulnerable and marginalized, this is an indicator of a profound crisis. It signals the failure of the dominant market-driven model for providing housing and personal security. We are approaching a level of displacement that Canada has not witnessed since the Great Depression.
Argentina is not for sale: Unions respond to privatization
Argentines weary of annual inflation soaring above 140 percent and a poverty rate that reached 40 percent have elected right-wing libertarian economist Javier Milei. He had campaigned on the promise to privatize state-owned enterprises, slash government spending, dollarize the economy, eliminate the central bank, and close key ministries, among them health and education.
Merkelism is collapsing in Europe. What will succeed it?
The victory of Geert Wilders in the Dutch general elections should provoke intense self-reflection in the European Union. Wilders’ far-right Party for Freedom won 37 seats of 150, becoming the largest party in the House of Representatives and the latest right-wing challenger to ‘Merkelism,’ named for long-time German chancellor Angela Merkel.
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