Capitalism is the Crisis
I know some people think that the profit motive is perfect but it’s not. It’s incredibly efficient at allocating resources but it doesn’t take into account the needs of human…
capitalism
Corporate chiefs beginning to see the dark side
The world’s capitalists are worried. The World Economic Forum, an organization composed of 1,000 of the world’s most powerful corporations, is concerned that the financial crisis gripping the global economy…
Crudities
EthicalOil. Ezra. Shares an address in Toronto with Tony Clement. Minister of Gazebo’s in Muskoka. From a website in the archives… 02/ 19/ 04 12:21 pm Fourteen Canadian Alliance Councillors…
Capitalism as a Matter of Faith and Twisted Logia
Larry Summers has contributed to a new Financial Times series on Capitalism in Crisis. It merits a read, as an example of tortured reasoning. Summers is the consummate insider neo…
What’s the value of an art school? – Contextualizing the crisis at NSCAD
NSCAD's modern new Port campus overlooks Halifax harbour. Photo by Rory Hyde. Celebrating its 125th anniversary next year, The Nova Scotia College of Art and Design is the oldest of…
Canada’s Energy Future
Pressure mounts in the Media, as Canadian Petroleum Producers bombard us with propaganda to forcefeed the Northern Gateway Pipeline and it’s associated Tanker traffic in the most dangerous and pristine…
On “fascism” in the U.S.
Paul Street on why the U.S. is not a “fascist” state: Even if real historical fascism could be translated across times and place to the modern U.S. it would be…
Austerity for me but not for thee?
Today the news sites are jam packed with interesting tidbits about government spending and the disparity of wealth in this country. First out of the gate is the fact that…
The Harper Cons and Our Hollowed Out Country
It was -17 degrees in London, Ontario, today, where a foreign company has locked out 400 Canadian workers. To try to slash their wages and benefits by more than fifty…
The Harper Cons and the Race to the Bottom
What would you say if you worked at Caterpillar’s Electro-Motive plant in London, Ontario, and found yourself locked out? Because you wouldn’t agree to have your wages and health benefits…
Jymn’s half-assed Predictions for 2012
Occupy will stay underground and grow its infrastructure and goals. More and more organizations and individuals will pledge allegiance to the movement. The media will interpret this lack of visibility…
In the US, ‘progressive’ is the king of all political labels
Here is some good news for you progressives in Canada and elsewhere in the world. Americans dig the term “progressive”. A new poll from the Pew Research Center for the…
Blaming the borrower and not the devil, in this case the banks
There’s been a recent concerning trend of conservatives blaming the general public for what they call reckless spending and borrowing. These right-wingers often say things like: Well, you borrowed the…
Top story of 2011
First of all, best wishes to all of you in your endeavours in the new year. We need more then ever to strive towards enlightenment in the new reality that…
Other People’s Money
“Other People’s Money” by Justin Cartwright (Bloomsbury, 2011) is to the novel what the wonderful “Margin Call” is to film – a fictionalized but convincing account of high finance and…
Leftist debate on politics and power
A fascinating exchange of ideas on, amongst other things, the limits of the Occupy movement and the need to explore ways to bring about change of (not in) the system…
Economics 101: The Reality of Canadian Capitalism
In More Academic Terms
The Capitalist Pigs and the Cream Separator
Uh oh. I mean oink oink. I see the unrepentant capitalist pig just can’t help itself. Stuffing itself with human misery. While the rich get richer, and the poor get…
a significant event and a key sales period for retailers and businesses
And the Grinch, with his Grinch-feet ice cold in the snow, stood puzzling and puzzling, how could it be so? It came without ribbons. It came without tags. It came…
Combined with Harper Regime’s Austerity Program, Continuous Deleveraging of Household Debt Could be a Serious Issue
House prices have been speculatively bid up to 29% over real value with all the low interest, easy credit banks have been only too willing to give us. They’re just…