Articles Tagged ‘Neoliberalism’

  • Corrupt Canadian Banking Practices

    Canadian Business

    CIBC is not only the Canadian bank with operations in a Caribbean financial haven. In fact, Canadian institutions dominate the region’s unsavoury banking sector. In 2013 CIBC, RBC and Scotiabank accounted for more than 60 percent of regional banking assets. In 2008 The Economist reported Canadian banks controlled “the English-speaking Caribbean’s three largest banks, with $42 billion in assets, four times those commanded by its forty-odd remaining locally owned banks.”

  • “Things are serious”: Update on the French Presidential Election

    Europe

    As Youssef Boussoumah, a member of the Parti des Indigènes de la République (which helped organize the mass march against racism and police violence on March 19), pointedly asked in a social media post a few days ago: “what stops us from getting rid of the pest (Le Pen) on May 7 and eliminating cholera (Macron) the day after?” The question deserves to be asked at every occasion.

  • NAFTA Redux

    Globalization

    The new Trump administration has made the North American Free Trade Agreement (NAFTA) between Canada, Mexico and the United States, a major issue in its relations with its two neighbours. Recently, Trump has threatened to tear it up. With his standard nationalist demagogy, he claims “previous bad trade deals,” have cost the United States many jobs as a result of American manufacturers moving plants off-shore.

  • Believe it’s a new French Revolution? Hold your horses

    Europe

    At all times we must be wary of fake Leopard-esque changes, which are sold to us at the time of popular unrest by the rich as ‘revolutions.’ Sometimes, they’re not easy to spot. But here’s an excellent tip. Genuine revolutions can never be led by neoliberal pro-austerity investment bankers who attend Bilderberg conferences and whose successes are toasted by David Miliband and George Osborne.

  • NAFTA Kills: Who will Speak for the Working Class?

    Economic Crisis

    A recent report out of the US raises questions about politicians’ (in Canada and the US) obsession with the state of the middle class and highlights why Donald Trump won the US election. It is a sobering picture and an scathing indictment of neo-liberalism – particularly so-called free trade. While the authors don’t say so explicitly the conclusion is inescapable: NAFTA kills.

  • The Feuding Kleptocrats

    USA Politics

    The Trump kleptocrats are political arsonists. They are carting cans of gasoline into government agencies and Congress to burn down any structure or program that promotes the common good and impedes corporate profit. Their goal is to make sure we are mesmerized by their carnival act or, if we wake up, shackled while they do their dirty work.

  • The Liberal addiction to the Washington Consensus

    Canadian Politics

    This is the grim future under the corporate state. So grim, that the UN Conference on Trade and Development’s 2016 Annual Report was essentially a scathing denunciation of the whole Washington Consensus, blaming “[T]he entire edifice of liberal market finance…” The UN’s solution, only hinted at by those still struggling to overcome their addiction to this pernicious ideology, is as clear as neoliberalism is brutal.

  • A Brief History of Canadian Labour Woes

    Canadian Business

    In addition to a loss of union jobs, globalization also accelerated Canada’s shift from a manufacturing to a service sector-dominated nation, further weakening prospects for organizing. Much of this has to do with precarity, as non-standard work provides employers increased flexibility in scheduling, hiring, lay-offs and firing, acting as tools in employers’ arsenals to fight a drive.

  • Justin Trudeau’s giant corporate giveaway

    Canadian Politics

    The transition that Canadians want will require enormous levels of spending—and need to be public and paid for. By strengthening and reinventing the public sphere, the government could unleash a program of mass transit, building renovations, storm barriers, urban redesign and green jobs that reduces emissions, racism and inequality all at once. But pretending the private sector can lead this is a recipe for disaster.

  • Militant Hope in the Age of Trump

    USA Politics

    The United States stands at the endpoint of a long series of attacks on democracy, and the choices faced by the American public today point to the divide between those who are committed to democracy and those who are not. Debates over whether Donald Trump was a fascist or Hillary Clinton was a right-wing warmonger and tool of Wall Street were a tactical diversion.

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