Canadian Elites Are Engineering a Recession to Discipline Workers / by David Moscrop

Orthodox responses to recession favor “stabilizing” the economy through punishing workers and privileging capital. (Jens Büttner / Picture Alliance via Getty Images) Economic orthodoxy blames inflation on everyone except corporations and their windfall profits. It’s time to think about responding to inflation and recessions with policies that make corporations pay, not average workers. In someContinue reading “Canadian Elites Are Engineering a Recession to Discipline Workers / by David Moscrop”

What You Need to Know About Inflation / by Samir Sonti

Illustration by Rob en Robin It’s bad and could get worse. Socialists need a response. Should we be worried about inflation? Yes. A rising cost of living hurts working-class households, and the main policy response is to raise interest rates and unemployment. None of this is good. Why is inflation happening? At this point, theContinue reading “What You Need to Know About Inflation / by Samir Sonti”