For-Profit Railroads Caused Disaster in Ohio

Keely Mullen is a member of Socialist Alternative in the US. Thousands of people in East Palestine, Ohio were told it was safe to return home after a Norfolk Southern train derailment left their town covered in a heavy toxic smoke and flames, and coated in highly flammable chemicals. But far from returning to the […]

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Preparing for New Twists and Turns in the ‘Age of Disorder’

Danny Byrne is a member of ISA’s International Executive. Report from International Socialist Alternative’s World Congress — further reports to follow Between January 30 and February 5, over 100 delegates and visitors participated in International Socialist Alternative’s 13th World Congress. Participants hailed from over 30 countries, across all continents. Most delegates participated in person, gathering […]

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Big Pharma’s Profiteering Causes Medication Shortages

Manus Lenihan is a member of Socialist Alternative in the US. Drug shortages are being reported around the world. This article focuses on the US, but there are similar problems in Canada, both with over the counter medications and prescription drugs. Many pediatricians say they can’t remember seeing so many kids this sick at the […]

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Who’s Profiting off the Ukraine War?

Rob Rooke is a member of Socialist Alternative in the US. As it is nearly one year since the Russian invasion of Ukraine, the devastation to families and individuals is hard to comprehend. More than eight million people who have been forced to leave their homes in Ukraine are now refugees. Close to 50,000 soldiers, […]

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Cost of Living Crisis: Make the Rich Pay

The Bank of Canada jacked up interest rates again to 4.5 percent. In less than a year the Bank has raised rates eight times from 0.25 percent, causing misery to millions with higher rent mortgages and debt charges. These actions make a recession, with higher unemployment, more likely. This article, written in late January, first […]

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“Survival of the Richest”: Shocking Indictment of Crisis-Ridden Capitalism

Per Olsson is a member of Rättvisepartiet Socialisterna (ISA in Sweden). The World and Sweden have never been so unequal. 81 billionaires hold more wealth than 50% of the world combined. Since 2020 the wealth grab by the super-rich has accelerated, and the richest 1% have captured almost two-thirds of all new wealth. This is […]

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Profit-Gouging Oil Companies

Gas prices have soared around the world, adding to inflation that is hitting workers’ living standards. Vancouver, like its overinflated housing market, has Canada’s highest gas prices. The price of gas in Vancouver rose from $1.60 a litre in December 2021 to $2 a litre in March and over $2.30 in May. In most of […]

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War in Ukraine, The New Era and the Crisis of Capitalism

The statement below on the war in Ukraine and its implications for the manifold crises of global capitalism was discussed, debated, amended and approved unanimously at a meeting of the International Committee of ISA — our international leadership elected at our World Congress — which took place between 28 March and 1 April in Vienna, […]

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$65,000 a Minute: Big Pharma Profits Soar from Vaccine Monopolies

Sophie Scholl is a member of Socialist Alternative in the US. Moderna released its 2021 annual report which showed the pharmaceutical giant made $12.2 billion in profits last year. Pfizer similarly reported $21.9 billion in profits in the same time, while Johnson & Johnson reported $4.7 billion. While vaccines aren’t the only products these companies […]

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Covid and Capitalism – Cui Bono

Lucius Cassius was an ancient Roman judge who got a reputation for wisdom and fairness in court by repeatedly asking in cases, “Cui Bono?” or “Who Benefits?” Starting the third year of the COVID pandemic, the answer to old Lucius’ question seems pretty obvious: Canadian Banks once again posted record profits and bonuses, while at […]

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