Jobs AND Environment Program

World Depression Canada and the world are in the worst economic depression in at least 90 years. At the start of 2020, the world was on the edge of a deep recession – COVID-19 plunged the economy over a precipice. Canada is facing years of high unemployment and extremely low growth. Weak domestic and foreign […]

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The Whole System is Rotten

As COVID-19 engulfed the Earth, most governments failed to protect society. A rare few acted quickly and decisively to test, trace, isolate and provide personal protective equipment (PPE), managing without lockdowns and widespread closures to contain the virus. Many, such as Canada, acted too little and too late. Others, such as the US, Brazil, India, […]

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Public Ownership of Banks

During the month of March, the whole world was scrambling to wrap their heads around the scale and impact of the COVID-19 crisis. As the coronavirus was scything its way through Asia and Europe, each successive government seemed to be competing to see who was going to bungle its pandemic response more. Meanwhile a different […]

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World Economy in Depression

Manus Lenihan is a member of the Socialist Party (ISA in Ireland). IMF Downgrades Economic Prediction The IMF’s last forecast, in April, predicted that world growth would contract by 3%, which it described, in what must be the most-used word of 2020, as “unprecedented.” The more recent report revises that downward to 5%. What will […]

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