Chinese party congress envisions domestic growth and equality, less reliance on exports / by Roger McKenzie

Chinese President Xi Jinping delivers a speech during the opening ceremony of the 20th National Congress of the Communist Party of China in Beijing, China, Sunday, Oct. 16, 2022. Xinhua News Agency via AP Chinese leader Xi Jinping opened the Communist Party’s 20th Congress Sunday promising to reinforce “a new pattern of development” focused onContinue reading “Chinese party congress envisions domestic growth and equality, less reliance on exports / by Roger McKenzie”

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”

New website celebrates the legacy of Marxist economist and activist Art Perlo / Special to the People’s World

Visit the “Art Perlo Presente” site at: https://artperlo.net/ NEW HAVEN, Conn.—An exciting website was launched this week carrying forward the legacy of lifelong activist and Marxist economist Art Perlo, making available his decades of contributions to the struggle for “People, Peace, and Planet before Profits.” The project is designed to guide, inform, and inspire grassroots organizersContinue reading “New website celebrates the legacy of Marxist economist and activist Art Perlo / Special to the People’s World”

It’s not just inflation — it’s price gouging / by Lindsay Owens

From food to gas to clothing, the price of everything is going up. Manufacturers and retailers say it’s the inevitable result of the pandemic and the war, but data from Wall Street prove there’s a lot of outright price-gouging going on, too. | LM Otero | AP If you’ve been slammed lately by higher pricesContinue reading “It’s not just inflation — it’s price gouging / by Lindsay Owens”