The Truth Behind Inflation

This article is republished from the archives of ISA. Increasingly commentators say that the strike wave affecting several countries, and the level of inflation eating away at workers’ wages are reminiscent of the 1970s. We republish an article from 1971 by Ted Grant, then a member of the CWI — predecessor of ISA. The Tory […]

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Inflation Emergency: Action Needed

Inflation is soaring and devastating workers’ living standards. Every trip to the food store brings a new shock. Canada’s official inflation rate was an 8.1 percent increase in June over May, the painfully worst increase in 40 years. To add to the pain, the Bank of Canada raised its prime interest rate from 1.5 percent […]

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Kshama Sawant Speaks: Video

Kshama Sawant has led many successful struggles of working people against big business in the US, including the first $15 minimum wage in a large North American city and a Tax on Amazon to fund building public housing. She has won three elections to Seattle City Council and defeated the big-business backed, racist right-wing recall […]

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Inflation, Debt and the Threat of Recession

Eric Byl is a member of ISA’s International Executive. The Latest Phase of the Global Crisis Even before the outbreak of the Omicron variant, euphoric expectations of a strong post-pandemic recovery based on the release of pent-up consumer spending and corporate investments, gave way to major worries. In many countries, consumers are confronted with the […]

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