Articles Tagged ‘Economics’

  • Make the Rich Panic

    Social Movements

    The veneer of power appears untouched before a revolution, but the internal rot, unseen by the outside world, steadily hollows out the state edifice. And when dying regimes collapse, they do so with dizzying speed. Upheaval is coming. The people must be prepared. If we are, we will have a chance.

  • World’s Richest 80 People Own Same Amount as World’s Bottom 50%

    Economic Crisis

    Oxfam’s recent report, “Wealth: Having It All and Wanting More,” contains shocking figures that the press haven’t sufficiently publicized; so, the findings and the reliability of their sources will be discussed here. The results will then be related to the central political debate now going on in the U.S. Presidential contests for 2016, which is about equality and inequality.

  • Oil Imperialism and Monetary Policy

    Economic Crisis

    What could have been resolved in 2009, the outsized role of finance and banking in world affairs, has been resurrected like Frankenstein’s monster to contemplate its existence in a world that is better off without it.

  • Free Trade Benefits Canada, eh?

    Canadian Business

    Every time I pass through Oshawa, Ontario I think of the Free Trade Agreement between Canada and the USA. Oshawa is the home of General Motors of Canada, the largest producer of motor vehicles in Canada. Not that long ago Canada was the fourth largest producer of cars and trucks in the world.

  • It is time to confront Canada’s staple trap

    Canadian Business

    A country should allow for that price variability and plan accordingly – like not putting all its eggs in that basket. This is precisely what neither the governments of Alberta nor Canada has done or is doing.

  • The coming financial crisis: a harbinger of world renewal?

    Economic Crisis

    As the prospect of global financial crisis beckons once again, will our elected leaders finally accept the need for an entirely new economic approach that breaks away from the primacy of growth and profit – or will their hand be forced by a resurgence of mass public protest?

  • Can the NDP challenge Harper on the economy?

    Canadian Politics

    The NDP’s announcement that it will push for a national minimum wage if elected is good news and suggests that the party may finally be overcoming its decades-long aversion to engaging its Liberal and Conservative adversaries on the question of the economy.

  • May Day 2013

    Stock markets around the world have made up the losses they incurred during the 2008–09 financial crisis and the workers of the world are paying the price for this recovery. Fiscal stimulus packages and bank bailouts that helped to contain the crisis left governments with deficits that are now being used as a pretext for spending cuts and layoffs in the public sector. At the same time, rising unemployment has had a dampening effect on wages. Losing a decently paid job to join the ranks of the working poor is very common these days. The pervasive feelings of social insecurity amongst workers is the greatest in decades.

  • Extractive Capitalism and the Divisions in the Latin American Progressive Camp

    The leading agro-mineral exporting countries, including those engaged with the world’s leading mining and energy multi-national corporations(MNC) are also those characterized as having the most independent and progressive foreign policies. Apparently the primacy of “extractive capitalism” and commodity-export based economies are no longer correlated with ‘neo-colonial’ regimes.

  • 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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