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Category: Economy

War on Iran Brings Economic Chaos

May 13, 2026May 14, 2026 Claire Laker-Mansfield

How Can Workers Fight Back? Just under a year ago, John Healey, Labour’s Defence Secretary in Britain, visited a munitions factory. There, he made a speech extolling the virtues of a dawning new era of “military Keynesianism.” Slashing overseas aid budgets and “reinforcing the British industrial base” would lead to “more jobs in every part […]

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US Quagmire Deepens as Iran War Shakes the World

April 27, 2026April 27, 2026 Anna Barnett

On 19 April, Trump posted on Truth Social declaring “NO MORE MR. NICE GUY,” threatening to end the ceasefire and carry out wide-ranging attacks on Iranian infrastructure. Two days later — on the eve of the ceasefire deadline and in the type of walk-back now characteristic of Trump — he announced a one-sided ceasefire extension […]

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Can the NDP be Transformed?

January 24, 2026January 24, 2026 Martin LeBrun, Bill Hopwood

The outcome of the NDP leadership race may determine whether the party remains relevant in federal politics. In the 2025 election the NDP only won 7 seats, the worst in its history. Since the federal NDP won 103 seats in the 2011 election, aided by a collapse in both Liberal and Bloc Québécois votes, it […]

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World Perspectives: Trump’s Authoritarian Consolidation, Genocide and A New Wave of Struggles

October 24, 2025October 24, 2025 ISA

The example of struggle in one country stimulates and influences movements in others In “a world with two pred­at­ory super powers” (Martin Wolf, FT 1 October), the key trends of this year have continued since our last World Perspectives update in May. There has been a certain consolidation of Trump’s regime, the genocide in Gaza […]

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Climate: Fight for Jobs and Nature

October 23, 2025October 24, 2025 Martin LeBrun

Canadian governments want to produce more fossil fuels, even while the country burns. The 2015 United Nations Paris Agreement set the goal of limiting global warming to 1.5ºC above pre-industrial levels to avoid the worst disasters spurred by climate change. In just nine years, 2024, that benchmark was broken. Around the world heatwaves, fires, floods, […]

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When Will the AI Bubble Burst?

October 16, 2025October 16, 2025 Marcus Kolbrunner

This new bubble underscores the extremely parasitic nature of capitalism and the need for a socialist alternative. Stock markets in the US are reaching record levels led by the “Magnificent Seven” tech giants, with hundreds of billions being invested in new energy and water-hungry datacenters, and trillions more planned. At the same time however, voices […]

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US-China trade war: Why is TikTok a big deal?

October 16, 2025October 16, 2025 Vincent Kolo

The second of two articles on the ongoing trade standoff between the two biggest imperialist powers, China and the US (part 1) The TikTok deal – if there will be a deal – is an important element in the wider conflict between Donald Trump’s government and the Chinese regime. Using a military analogy, we can […]

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US-China Trade War: No Winners

October 2, 2025October 16, 2025 Vincent Kolo

The first of two articles on the ongoing trade standoff between the two biggest imperialist powers, China and the US (part 2) A popular meme of Donald Trump and Xi Jinping is doing the rounds. Trump tells Xi, “I hold the cards”, and Xi replies, “The cards were made in China”. According to some media […]

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Trump Heads Towards a Full-Scale Trade War

July 17, 2025July 17, 2025 Per Olsson

The negotiations that have taken place since April, and earlier, have been characterized by mafia diplomacy. The Trump administration is becoming increasingly authoritarian and threatening—both at home and on the world stage. At the same time, support for Trump is falling and his new budget is unpopular. A majority believe that it will make things […]

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Are We Living Under “Neo-Feudalism”?

July 12, 2025July 12, 2025 Connor Rosoman

Karl Marx thought that capitalism would be overthrown by the working class, and replaced with a socialist society. But some academics are asking: what if Marx got it wrong? What if capitalism has already died — but rather than socialism, it has been replaced by something resembling feudalism. This raises the question: how do Marxists […]

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