Articles Tagged ‘Economy’

  • Is “Postcapitalism” On the Horizon?


    Together with many left economists, Mason envisages a dismal future of secular stagnation, ever more extreme income inequality, massive job losses due to technological change, unsustainably high levels of public and private debt, and chronic global trade imbalances. He argues that capitalism faces an acute impasse due to catastrophic climate change and pending massive defaults on debt.

  • The sharing economy blues


    Today, it seems like this interpretation of the Sharing Economy is everywhere, as journalists, pundits and politicians have lined up to praise its “innovative” promise. Yet is there something more sinister lurking behind the communitarian facade that so often accompanies descriptions of the peer-to-peer online sector?

  • Postal Banking and the Future of Canadian Public Services

    Canadian Business

    But with Postal Banking, the process can be reversed. Canadians don’t need to rely on capitalists to provide social necessities; Canadians don’t need to accept the erosion of economic democracy; and Canadians don’t need to accept a system of economic organization that provides basic services only when they are profitable.

  • Mel Hurtig and the renaissance of economic nationalism

    Canadian Politics

    Today, there is little support for economic nationalism among Canadian business. Conversely, there is little desire among the general population to protect Canadian firms that ultimately don’t want protection. Canadians want trade. But they also want to be protected from economic chaos and run their own show. They want to be masters in their own home.

  • The Looting Stage of Capitalism: Germany’s Assault on the IMF

    Economic Crisis

    The banks don’t want Greece to be able to service its debt, because the banks intend to use Greece’s inability to service the debt in order to loot Greece of its assets and resources and in order to roll back the social safety net put in place during the 20th century. Neoliberalism intends to reestablish feudalism—a few robber barons and many serfs.

  • The New Global Financial Cold War

    Economic Crisis

    That’s how Germany industrialized and how the rest of Europe did. Bit the aim of the Trans-Pacific Partnership is to reverse and privatize public investment. Its ideology is that the economy should be owned and operated by private owners, private enterprise, whose aim is short-term profit.

  • Note to Tar Sands Campaigners

    Canadian Business

    There are five basic lessons and challenges that campaigners and strategists can glean from The Bitumen Cliff report for broadening and deepening the resistance to the tar sands juggernaut.

  • Work in the age of anxiety

    Canadian Business

    Working Canadians, from blue collar workers to middle class professionals to hamburger flippers are facing the worst economy insecurity, most stressful working conditions, the slowest increases in real income and the most cynical anti-worker governments literally since the 1930s.

  • Growing Alarm

    Social Movements

    Growth, conventionally defined as the ever increasing flow of goods and services on the market, is a mantra that continues to be embraced by nearly the entire political spectrum, even though, in the contemporary period, the biophysical, social and economic “limits to growth” have been identified as an urgent problem for over 40 years.

  • Does Anyone in Government Really Care About Canadian Jobs?

    The Canadian government has promoted the pipeline as creating thousands of jobs. But this is only during the construction phase. Enbridge’s own submission to the Joint Review Panel on the Northern Gateway pipeline suggests that the operations phase would create perhaps as few as 104 permanent jobs, and only 26 directly in Alberta. Give or take some other jobs involving regular maintenance and, sadly enough, dealing with environmental damages, Canada’s net benefit in shipping its raw bitumen seems negligible.

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