Tariffs, once they result in inevitable retaliation and a new trade war, can cause havoc to the economy. Newly elected President Trump has been quick to unleash his most beloved economic policy, tariffs. Among other things, Trump claims they will lead to a renewal of the U.S. economy. On March 4, Trump followed through on […]
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Update: March 6 Trump is treating the economies of Canada, Mexico and the US the way a cat “teases” a captured mouse. He is playing with the future and livelihoods of 500 million people. On March 4, tariffs on all imports from Mexico and Canada were hit with 25 percent tariffs, apart from energy and […]
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Update: March 4 Trump has declared a trade war on Canada and Mexico. Workers in Canada, Mexico and the US need to draw up plans to protect jobs, livelihoods, living standards and homes. Trump has imposed tariffs on Canada, Mexico and China. On March 4, he confirmed his long-threatened tariffs of 25 percent on all […]
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… and more from Canada and abroad! Subscribe to Socialist Alternative! You can now subscribe to Socialist Alternative’s magazine for a modest $2 a month or $24 a year and receive each printed issue delivered to your mailbox. With an additional donation, you can become a sustainer of our magazine and build the forces we […]
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The economy is tipping into a deflationary crisis with a worsening debt crunch, falling wages and prices, and increasing reliance of fraudulent economic data. The word ‘involution’ or neijuan describes ever increasing inputs that produce no improvements. Think of trying to run up a down escalator. This term has gained mass usage in China since […]
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Solidarity with Gaza … and more from Canada and abroad! Subscribe to Socialist Alternative! You can now subscribe to Socialist Alternative’s magazine for a modest $2 a month or $24 a year and receive each printed issue delivered to your mailbox. With an additional donation, you can become a sustainer of our magazine and build […]
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They say that money makes the world go round. But does it? Surely, it’s workers who keep the lights on, the trains running and the factories producing. However, few will deny that money is important for greasing the wheels. Both corporate and government money, to varying degrees, are involved in the lubrication process. Concerning climate […]
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Ty Moore is a member of Socialist Alternative in the US. “We lost everything on one contract [in 2009]. There’s no reason why they can’t give this stuff back to us in one contract.” – Jerry Coleman, five-year temporary worker at the Stellantis Jeep plant in Toledo (NPR) Millions of workers watched the auto workers […]
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End the War on Gaza … and more from Canada and abroad! Subscribe to Socialist Alternative! You can now subscribe to Socialist Alternative’s magazine for a modest $2 a month or $24 a year and receive each printed issue delivered to your mailbox. With an additional donation, you can become a sustainer of our magazine […]
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Property collapse deepens while concerns rise over slow and limited government intervention. China’s economic crisis entered a new more dangerous phase in August. Despite a tightening government clampdown on negative news, the overall picture is darkening week by week as China’s biggest property company Country Garden teeters on the brink of default and signs of […]
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