New York’s Economic Recovery Is Only Good News for the Rich
Rich New Yorkers have more than recovered from the 2020 economic slump, but everyone else is struggling as the income gap continues to widen.
600,000 Workers Strike in Quebec: We Can Defeat the Hated CAQ Government!
On November 23, close to 600,000 public sector workers in Quebec were on strike. This is the largest strike in the history of Quebec.
Inflation and Interest Rates: Ruling Class Prepares to Impose Pain
Recent data has caused alarm amongst the ruling class, suggesting that inflation has become entrenched. In response, central bankers are looking to provoke a slump in the hope of quelling price rises.
2023: Another Global Recession Is Coming
The latest news shows that the world economy is once again taking a turn for the worse. The Eurozone is in recession. China is slowing down sharply. The US is teetering on the brink. Another economic crisis is on the way.
“Greedflation”: As Prices Rise, Bosses Make a Killing
As inflation continues to cut into the living standards of workers, some businesses are posting record profits. Some have pointed the finger at price gouging and the excess profits of big business as the cause.
Marxism, Money, and Inflation
It is clear that we have entered a new chapter in the crisis of world capitalism, which the strategists of capital themselves are at a loss to explain.