Capitalism

08/12/21
Author: 
Praveen Paramasivam
Union workers from Kellogg's gather with signs while they picket outside the cereal maker's headquarters as they remain on strike in Battle Creek, Michigan, U.S., October 21, 2021. REUTERS/Emily Elconin

Dec 7, 2021

(Reuters) - Kellogg Co (K.N) said on Tuesday a majority of its U.S. cereal plant workers have voted against a new five-year contract, forcing it to hire permanent replacements as employees extend a strike that started more than two months ago.

07/12/21
Author: 
William K. Tabb
Image credit: U.S. Senator Bernie Sanders speaking with attendees at the Presidential Gun Sense Forum hosted by Everytown for Gun Safety and Moms Demand Action at the Iowa Events Center in Des Moines, Iowa (August 10, 2019). Gage Skidmore, Flickr.

In The Eighteenth Brumaire of Louis Napoleon, Karl Marx observed that class struggle can create circumstances and relationships that make “it possible for a grotesque mediocrity to play a hero’s part.”1 Donald Trump can be viewed as one such grotesque mediocrity, inflated to “heroic” proportions by his reactionary followers. Unwilling to accept defeat, Trump attempted to seize power after losing the 2020 presidential election.

06/12/21
Author: 
Tyler Walicek
Seattle City Council member Kshama Sawant speaks as demonstrators hold a rally outside of the Seattle Police Department's East Precinct on June 8, 2020 in Seattle, Washington. DAVID RYDER / GETTY IMAGES

Dec. 5, 2021

An unusual special election in Seattle’s District 3 on December 7 will decide whether avowedly socialist City Councilor Kshama Sawant will be recalled from her position. The fact that Sawant’s seat is under dire threat is indicative of the contempt that Seattle’s business interests hold for her and her policies: The considerable victories Sawant has won for working people have made her the target of some of Seattle’s most powerful forces.

06/12/21
Author: 
Sam Smart
The Maple/Original Graphic.

So much for trying to get sympathetic media notice for progressive causes. Good thing we have the Burnaby Now, the National Observer, this new publication--The Maple, and a few others. I don't know much about small media in other parts of BC and Canada. But big media, like all big corporations, serves the "iron law of profit," not us.

     Gene McGuckin

Nov. 12, 2021

05/12/21
Author: 
Dan Darrah
Illustration: The Breach

Dec. 3, 2021

Big Six raising fees, despite profits hitting all-time high of $57 billion in 2021

Christmas is coming early for Canada’s bankers. 

The six largest banks hit record-breaking profits in 2021 and will pay out massive bonuses at year’s end, newly released fourth quarter earnings reports show.

On the strength of a combined $57.4 billion in profits, the Big Six are paying out $18.8 billion in bonuses before the holidays.

05/12/21
Author: 
Laurie Macfarlane
The rural land market in Scotland is booming and analysts expect demand to continue rising | Loop Images Ltd / Alamy Stock Photo

Nov. 26, 2021

As investors look to profit from the carbon-offset gold rush, demand for land is soaring. But letting Big Finance restore nature may come at a cost

How will COP26 be remembered by future historians? Whether it is regarded as a global triumph or a disastrous failure, one thing is clear: the conference will go down in history as the moment the global economy officially entered the Age of Net Zero.

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