Capitalism

08/04/23
Author: 
Sanjana Karanth and Chris McGonigal
Railway workers and others storm a building containing an office for U.S. financial company BlackRock on Thursday in Paris.VIA ASSOCIATED PRESS

Apr. 6, 2023

08/04/23
Author: 
Nafeez Ahmed,
Gas Station. Photo by Maarten van den Heuvel / Unsplash

This dire forecast may be overly pessimistic. Unfortunately, it's consistent with the continuing history of market economics blocking most attempts at increasing social-economic planning.

              -- Gene McGuckin

Mar. 29, 2023

originally published by Age of Transformation

08/04/23
Author: 
Andrew Nikiforuk
Cobalt mining in Congo, says journalist Siddharth Kara, ‘drags humanity back to a time when the people of Africa were valued only their replacement cost.’ Photo via Harvard Kennedy School.

Apr. 7, 2023

The Rising Chorus of Renewable Energy Skeptics

The green techno-dream is so vastly destructive, they say, ‘we have to come up with a different plan.’

06/04/23
Author: 
John Woodside
Wet'suwet'en hereditary chiefs Gisdaya and Na'Moks and other representatives from the nation attend RBC's annual shareholder meeting in Saskatoon on April 5, 2023. Photo by Katie Wilson

Apr. 6, 2023

Indigenous leaders and climate advocates say they were met with the “highest insult” Wednesday as security guards turned them away from the main room of RBC's annual shareholder meeting in Saskatoon.

29/03/23
Author: 
Natasha Bulowski & John Woodside
Deputy Prime Minister and Minister of Finance Chrystia Freeland takes questions from reporters before tabling Budget 2023 on March 28 at the Westin Hotel in Ottawa. Photo by Natasha Bulowski

Mar. 28, 2023

The federal government is banking on tax breaks for companies — to the tune of more than $80 billion — to usher Canada into a low-carbon economy, Tuesday’s budget announcements show.

29/03/23
Author: 
Hadrian Mertins-Kirkwood
While the private sector certainly has a role to play, Finance Minister Chrystia Freeland's 2023 budget should not be leaving vital clean-tech investments up to chance. File photo by Alex Tétreault

Mar. 28, 2023

Corporate tax breaks are the future of Canadian climate policy, according to the latest federal budget, which commits $80 billion over the next decade — of which $56 billion is new money — to subsidies for clean investments.

20/03/23
Author: 
Yanis Varoufakis
A lock is seen on a gate on the exterior of the U.S. Department of Treasury building as they joined other government financial institutions to bail out Silicon Valley Bank's account holders after it collapsed on March 13, 2023 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)

Mar. 17, 2023

This Is Not a Repeat of the 2008 Financial Crisis, But It Is the Same Capitalist Rot

Since 2008, governments and central banks have been trying to prop up the banks through a combination of socialism for the banks, and austerity for everyone else. The result is what we see today.

Every systemic banking crisis has a trigger that sets it off. In the case of SVB, the reason for its bankruptcy is twofold.

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