Earthquake Kills Thousands, While Construction Companies Profit

Serge Jordan is a member of International Socialist Alternative. The full extent of the destruction caused by the earthquakes in Turkey, Syria and Kurdistan has killed over 15,000 people and already big business is looking for how to make profit from it. The scenes of the lives shattered by yesterday’s earthquakes in Turkey, Syria and […]

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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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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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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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