Capitalism

06/10/20
Author: 
Sarah Anderson
To get a sense of the potential impact on specific companies, consider McDonald’s. Last year, CEO Stephen Easterbrook made $17.4 million before stepping down in November. (Photo: Mike Mozart/flickr/cc)

October 05, 2020

The city's Board of Supervisors has placed a proposal on the November 3 ballot that would increase taxes on corporations with extreme gaps between CEO and median worker pay.

CEOs did not cause the pandemic. But they deserve a good deal of the blame for a model that shoveled profits up the corporate ladder, leaving lower-level employees financially insecure. When Covid-19 struck, it didn’t take much to push millions of vulnerable workers over the edge.

01/10/20
Author: 
Carl Meyer
Jurisdictions across Canada must identify and take advantage of “life-saving programs,” says Canada’s chief public health officer, Dr. Theresa Tam, shown here in March. Photo by Kamara Morozuk

October 1st 2020

One-third of the 16,364 people who died from opioid overdoses over a roughly four-year period in Canada were in British Columbia, according to new national data released Wednesday.

01/10/20
Author: 
Glen Ford, BAR Executive Editor
The Politics That Led to the “Worst Debate”

01 Oct 2020

The incoherence of the Biden-Trump debate will be repeated every election cycle until Blacks and progressives break with the corporate duopoly.

There is nothing smart or ‘strategic’ about falling for the same trick every election cycle.”

19/09/20
Author: 
Derrick O'Keefe
COVID sucks, unless you’re a billionaire. - Google Streetview image of Chip Wilson's 16,000 sq-ft mansion in Vancouver.

Sept. 17, 2020

Canada’s 20 richest people have seen their fortunes skyrocket as the rest of us suffer

The top 20 richest billionaires in Canada have amassed $37 billion in collective wealth increases since March, when COVID-related lockdowns and closures began across Canada, according to a new report from the Canadian Centre for Policy Alternatives.

17/09/20
Author: 
Asbjørn Wahl
union power

September 17, 2020

Trade unions are on the defensive all over the world, under immense pressure from strong economic and political forces. We are facing a multiplicity of crises. Employers are attacking on all fronts, and the pandemic is being used as an excuse further to undermine unions, wages and working conditions.

13/09/20
Author: 
Hadas Thier
Monument to Karl Marx outside Bolshoi Theater in Moscow, 2019. (TxeTxu / Flickr)

09.07.2020 [Editor: the video at the end goes much further than this article and is very well worth watching.]

13/09/20
Author: 
Kevin Skerrett
Protest - Pension Fund Capitalism and the COVID-19 Pandemic: The Case of Revera

September 12, 2020 

Of the many crises provoked by the COVID-19 pandemic across Canada, the dire situation in long-term care facilities and retirement housing may be the most widely and urgently recognized. Even Ontario Premier Doug Ford, whose own party engineered the significant shift to more privatized and ‘marketized’ long-term care (LTC) provision in the 1990s, recently declared the system to be “absolutely broken.”

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