New data reveals Canada Revenue Agency has gone after very few companies for abusing a COVID wage subsidy program that acted as “massive wealth transfer”

Once again, Western ‘experts’ are predicting a financial crash in China. “China is flailing”, says one commentator; another says “a debt bomb is about to explode”. These would-be Cassandras reckon China’s demise will be driven by the bursting of the property bubble, excessive debt and the grinding down of the economy due to the government’s “terrible” ‘zero-COVID’ policy that keeps parts of the country in permanent lockdowns. And then of course, there are the growing restrictions on China’s exports and its investments abroad, imposed by the US and supposedly backed by its allies in Asia.

Far from drawing a line under party factionalism, the Starmer leadership has elevated the very Labour Right fixers whose conduct is most criticised in the Forde Report – and given them licence to remake the party in their image.

The Forde report, an inquiry into antisemitism within the Labour Party, has found that the Right cynically used accusations of racism to undermine the Left. In the two years since it was commissioned, nothing has changed.

In Canada, the results of pandemic income support seem to confirm the claims of universal basic income advocates. But to make UBI work, we need to ensure it’s coupled with a massive expansion of welfare state policies.

There was another option to the introduction of some market mechanisms in the economy: the road of using the available computing technology to help the planners plan and eliminate the perverse incentives. This was the main idea of Victor Glushkov, and his OGAS system. OGAS was not just “the Soviet internet” as it has sometimes been referred to; in its original form, it was supposed to be a system for radically modifying the planning systems of the economy.

McAlevey doesn’t pull her punches. She thinks the left builds political power all wrong. She thinks people are constantly mistaking “mobilizing” for “organizing,” and that social media has taught a generation of young activists the worst possible lessons. She thinks organized labor’s push for “card check” was a mistake but that there really is a viable path back to a strong labor movement. And since McAlevey is, above all, a teacher and an organizer, she offers what amounts to a master class in organizing, one relevant not just to building political power but to building anything.

The wealth of Canada’s new billionaires is the result of speculation, subsidies, low interest rates, and leveraged investment. Money that could be used for the public good in this time of crisis is instead being hoarded by racketeers and profiteers.

Prabhat Patnaik | There are many misconceptions about Scandinavian capitalism. A very common one is the belief that since the Scandinavian countries developed vigorous capitalist economies, without ever having acquired any colonies of their own, they constitute a clear refutation of the claim that capitalist development necessarily requires imperialism.

Vijay Prashad | The only real decolonisation is anti-imperialism and anti-capitalism. You cannot decolonise your mind unless you also decolonise the conditions of social production that reinforce the colonial mentality.

Record high energy prices, fast-rising interest rates and collapsing profit margins among most companies (down 6% in the last year) spell a recession.

It is because of decades of public investment that the company, and our national airports system, exists in the first place

The recent attack by The Economist on Chile’s new draft constitution is no surprise – it's just the latest in the magazine’s decades-long campaign against South American democracy.

Turkey’s president Recep Tayyip Erdoğan has pushed Sweden and Finland to crack down on Kurdish groups in exchange for NATO membership. He cites his country’s “legitimate security concerns” — but it’s the long-oppressed Kurds who have most to fear.

Moscow’s invasion has pushed Ukraine closer to defaulting on its foreign debt, imperiling its economy and any future reconstruction. It’s time Western governments canceled that debt.

Ex-president Jeanine Áñez has been found guilty for helping to orchestrate the right-wing coup that brought her to power in 2019. The judgment is an essential step to protect the integrity of Bolivia’s democracy.

Faith in technology and markets is leading us down a dystopian path—an interview with Road to Nowhere author Paris Marx

Full text of a speech given by John Mearsheimer at the European Union Institute

A new report finds that automation has led to significant job losses on West Coast docks. We spoke to an automation specialist and trade unionist who works at a fully automated terminal to see what that transformation looks like for those at the heart of it.

The seemingly spontaneous upsurges at companies like Starbucks and Amazon are an inspiring sign of life within the workers’ movement. But spontaneity is nowhere near enough to turn labor’s dismal fortunes around.