‘Liberation Day’ nightmare is scaled back for 90 days but what comes next? China and the US have de-escalated their trade war at least for the short term. Talks between the two sides on 10–11 May in Geneva produced a 90-day pause until 10 August from astronomical triple-digit tariffs. Both sides agreed to a 115-percentage […]
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Capitalism in China today is based on the sweatshop exploitation of massive cheap labour, the backbone of which is the migrant workers forced from the countryside. The regime uses brutal repression against working class democratic rights, including banning the right to form independent unions and right to strike. ISA would describe the character of today’s […]
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Statement on World Perspectives by ISA’s International Political Committee The famous observation of Vladimir Lenin, that “there are decades when nothing happens and there are weeks when decades happen” could have been easily written with our epoch in mind. Although Lenin used it to describe revolutionary events, it is an equally good description of today’s […]
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While crisis and recession are common under capitalism, the contours of global capitalism have changed dramatically since 2008. There’s a real danger that in this new era of imperialist conflict, things could spiral completely out of control. The old neoliberal globalized order is falling apart, but this doesn’t mean it’s being replaced with anything better. […]
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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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