Capitalism

31/10/20
Author: 
Socialist Resistance

[Webpage editor's note: One red-green position that challenges other red-greens on various questions, e.g., significance of Paris/COP, role for market mechanisms (carbon taxes), red? content of "transitional" demands, 'Blockadia'...]

 

Those of us who inhabit planet Earth in the 21st century face a huge problem. Our own species, homo sapiens (modern humans), are trashing the planet at an ever increasing and more destructive rate.

29/10/20
Author: 
Slavoj Zizek
Trump & Biden - FILE PHOTOS. ©  Getty Images / Spencer Platt;  Getty Images / Alex Wong
27 Oct, 2020 

One of the most thought-provoking articles I’ve read about the unfolding conflicts in the US and elsewhere – maybe everywhere. -   Gene McGuckin

 
The threat of violence erupting over the US election result next week is exposing the limits of liberal democracy, and both candidates’ rejection of left-wing ‘extremists’ is liberal opportunism at its worst.
28/10/20
Author: 
Don Pittis
Mark Carney

[This article might bring some comfort if it put a timeline on WHEN such risks could be quantified and then outlined how exactly that process would lead to creating a socially just and environmentally sane transition. Will knowing the investment risks make capitalists decide to do this? Will it create effective regulatory enforcement to compel capitalists to do this? Will it do anything at all that will begin the required transition SOON ENOUGH?

28/10/20
Author: 
Chris Varcoe
The Bow building headquarters for Cenovus Energy was photographed on Sunday, October 25, 2020. Cenovus Energy is buying Husky Energy for $23.6 billion the companies said in a joint announcement on Sunday. PHOTO BY GAVIN YOUNG/POSTMEDIA

Oct 26, 2020 

A new wave of oilpatch consolidation has been widely expected since oil prices cratered this spring, undercutting share prices and piling debt onto Canadian petroleum producers.

Some smaller deals have unfolded this fall, but Cenovus Energy’s mammoth $3.8-billion acquisition of integrated producer Husky Energy on Sunday lit the fuse on the biggest corporate takeover in Canada’s oilpatch in several years.

And there will likely be more deals to come.

20/10/20
Author: 
Edited by Stephen Maher and Rafael Khachaturian. Essays by Seth Adler, Eric Blanc, Alleen Brown, Jane McAlevey, April M. Short, Jane Slaughter, Ingar Solty, and others.

October 18, 2020

20/10/20
Author: 
Tim Kennelly

Oct. 20, 2020

British Columbia is at the confluence of several crises: the COVID-19 pandemic and resulting economic downturn; the ongoing housing, homelessness, and drug overdose crises; the climate and ecological crises; and the crisis of colonialism for indigenous peoples, which has been ongoing since the beginnings of settler society.

 

British Columbia is also in the throes of an election campaign. The election pits the BC NDP led by Premier John Horgan, against the BC Liberals led by Andrew Wilkinson, and the BC Green Party led by Sonia Furstenau.

 

18/10/20
Author: 
Alan Macleod, Mintpress News
Design using photo: A demonstrator holds a banner against International Monetary Fund during a protest in Quito, Ecuador, May 18, 2020. Dolores Ochoa. Editing by MintPress News.

October 16, 2020

[Editor: Looks like Naomi Klein's 'Shock Doctrine' at work.]

76 Of The 91 Loans The IMF Has Negotiated Since The Beginning Of The Coronavirus Pandemic Come Attached With Demands For Deep Cuts To Public Services And Policies That Benefit Corporations Over People.

The enormous economic dislocation caused by the COVID-19 pandemic offers a unique opportunity to fundamentally alter the structure of society, and the International Monetary Fund (IMF) i[s] using the crisis to implement near-permanent austerity measures across the world.

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