According to Polanyi, the expansion of market society brought not peace and prosperity, but economic collapse, fascism and war.
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Cate Blanchett’s claim to be ‘middle class’ isn’t unique among the wealthy, or even the 1% she’s part of. Downplaying privilege among elites contributes to the problem of wealth inequality.
Despite being an unashamedly Marxist critique of the economic consensus, Vulture Capitalism has been making bestseller lists.
Several tents were set up in October 2023 across from the Confederation Building in St. John’s, NL, to bring attention to the lack of affordable housing in the city.
THE CANADIAN PRESS/Paul Daly
There are many strategies needed simultaneously to address housing affordability in Canada. The expansion of social housing supply is a particularly effective one.
Jacob Zuma at the launch of his new party, uMkhonto Wesizwe, in 2023.
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Jane Kelsey, University of Auckland, Waipapa Taumata Rau
The ACT Party’s Regulatory Standards Bill will likely meet the same opposition it has in the past. And it will be a test of the new government’s commitment to genuine regulatory standards.
Incoming prime minister Christopher Luxon faces media on election night, October 14 2023.
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Beneath the obvious policy differences between Labour and National lies a tacit consensus on fundamental economic settings. Until that changes, political choice will be constrained.
Emmanuel Macron has found himself to be an unpopular figure in parts of Africa.
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The French president has struggled to maintain the influence his country gained in Africa through colonialism.
Former U.S. president Donald Trump returns to his plane at Ronald Reagan Washington National Airport on Aug. 3 after pleading not guilty to charges that he conspired to overturn the results of the 2020 presidential election.
(AP Photo/Alex Brandon)
The 2024 U.S. presidential election should be about more than Donald Trump’s legal travails. It should be a choice between democracy and the further criminalization of American politics.
Cargo containers are seen on the Maersk Stockholm ship while docked at port in Vancouver in April 2023.
THE CANADIAN PRESS/Darryl Dyck
The Scottish economist dedicated his life’s work to understanding the consequences – moral, social and political – of capitalism. Both neoliberals and leftwingers claim his legacy.
The United Conservative Party demonized the NDP’s proposals for a corporate tax rate increase during the recent provincial election campaign. But Calgary-based energy companies and other corporations have capitalized on tax rate decreases, firing workers instead of investing in them.
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The conventional narrative on corporate tax increases relies on ‘zombie ideas’ that pander to corporate interests, harm the public interest and refuse to die.
In a neoliberal era, where profitability is prioritized over social duty, all orders of government in Canada are increasingly shirking responsibility for providing social services onto non-profits.
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From the late 1960s to the early 1980s, more unionised workforces from Europe to Aotearoa New Zealand fought hard to keep wages abreast with inflation. But it’s unlikely that could happen now.
The Alberta government recently released a report on the effect of the previous NDP government’s minimum wage increase.
THE CANADIAN PRESS/Jonathan Hayward
The Alberta government’s report on the supposed ills of the minimum wage should be viewed within the vast, diverse spectrum of economic literature, not just standard economics.
Where’s the appeal in watching a group of obnoxious, pampered, backstabbing siblings?
HBO