The Daily Shaarli

All links of one day in a single page.

October 21, 2021

Stagflation: a demand or supply side story? – Michael Roberts Blog

Our theory of inflation suggests that the US economy over the next few years is more likely to suffer from stagflation, i.e. 3%-plus inflation with less than 2% growth, than from either deflation or inflationary ‘overheating’ (4%-plus).

Federal pandemic assistance on the chopping block—another way to ‘discipline’ workers

The Trudeau government’s willingness to curtail Employment Insurance eligibility and throw unemployed workers off its key pandemic benefit programs, prior to employment even fully recovering, is a reminder that leaving people behind remains a feature of Canada’s social assistance regime—not a bug. Effective October 23, barring any unexpected intervention, Canada’s main support programs for workers thrown into unemployment by COVID-19 will end.

Division over IATSE deal as members organize Wildcat walkouts

Yesterday the leadership of IATSE announced that they had reached a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP) that will avert a potential strike set to begin at midnight tonight.

AMLO Is Nationalizing Mexico’s Lithium Supply

In Mexico, President Andrés Manuel López Obrador is attempting to transform the country’s overpriced energy industry by nationalizing lithium — a move essential to kicking out private mining and developing a robust and affordable public energy sector.

Only Labor Can Force Canadian Pension Funds to Divest From Oil

One of Canada’s largest institutional investors, responsible for managing billions of dollars in workers’ pensions, has committed to fossil fuel divestment. It’s a good step — but without pressure from the labor movement, these promises will mean nothing.