Economy

Capitalism’s housing crisis

Capitalism’s housing crisis

Big business is increasingly taking over the housing sector – social rented as well as private ownership. The results have been devastating as tenants face sky-high rents, fewer rights, worsening conditions, and government policies of aggressive deregulation. This article reviews two books linking the current housing crisis with globalisation and the financial markets. The Financialisation […]

Posted in: Canada, Economy, Housing
Socialist Alternative #5 – Published
By January 16, 2017 Read More →

Socialist Alternative #5 – Published

Issue #5 of Socialist Alternative has been published. We have expanded to 16 pages. If you would like to order copy(ies) contact: contact@socialistalternative.ca A pdf is available here.

New issue (#4) of Socialist Alternative’s Magazine
By September 10, 2016 Read More →

New issue (#4) of Socialist Alternative’s Magazine

Issue #4 of Socialist Alternative has been published. If you would like to order copy(ies) contact: contact@socialistalternative.ca A pdf is available here.

The Servant State – McCormack & Workman
By May 6, 2016 Read More →

The Servant State – McCormack & Workman

“The Servant State – Overseeing Capital Accumulation in Canada” by Geoffrey McCormack and Thom Workman Fernwood Publishing, 2015 Reviewed by Tim Heffernan ————————————————————- The Servant State is a valuable book, useful for its analysis and wealth of data on the workings of Canadian capitalism from a Marxist perspective. As the authors admit, “the analytical standpoint […]

New issue of Socialist Alternative’s Magazine
By April 30, 2016 Read More →

New issue of Socialist Alternative’s Magazine

Issue 3 of Socialist Alternative has been published. If you would like to order copy(ies) contact: A pdf is available here.

China – Crisis set to deepen

China – Crisis set to deepen

Year of the Monkey opens with economy in worst situation for decades As its factories restarted after the Chinese New Year holidays, China was facing its worst economic crisis in decades. The government’s official data do not give the true picture, maintaining the fiction of GDP growth of 6.9 percent in 2015. Even this represents […]

Socialist Alternative Publishes Election Magazine

Socialist Alternative Publishes Election Magazine

This is a historic development for our work in Canada. There are articles on the election, the economy, public services, environment and much more. A PDF of the magazine is here or you can order printed copies (pay via donate button on website): • 1 copy: $3.25 (including postage) • Orders of 10: $30 (including […]

Stop Harper, Turn Left: Build a Voice for the 99%and a Strong Socialist Movement

Stop Harper, Turn Left: Build a Voice for the 99%and a Strong Socialist Movement

After nine years of Conservative government, most Canadians have many good reasons to want Harper and his party gone. The Canadian economy is officially in recession. However, for most Canadian workers this merely confirms what they already knew. As Canadian economist, Jim Stanford, noted: “Coming six years into a lacklustre recovery (the weakest since 1945), […]

Posted in: Canada, Economy, NDP
World economy: China crisis triggers panic on global markets

World economy: China crisis triggers panic on global markets

More than $5 trillion wiped off global stock markets in two weeks since Chinese devaluation “Black Monday” exclaimed China’s official news agency Xinhua as China’s stock market slumped 8.5 percent on 24 August. This triggered the sharpest falls on world stock markets since the 2008 financial crisis on growing fears of a China-led global recession. […]

Posted in: China, Economy, International
Harper: Carbon Pimp to the World – A Disastrous Policy
By March 24, 2015 Read More →

Harper: Carbon Pimp to the World – A Disastrous Policy

Stephen Harper, the Prime Minister of Canada, has centred much of his economic and political strategy on building Canada into one of the largest carbon exporters in the world. Even before the sharp drop in the price of oil, coal and natural gas, this strategy was damaging to other and more important parts of the […]