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Posts tagged: #economics

Top Banking CEO blames workers’ wages for causing inflation

In the end, workers are attacked on two fronts via inflation rhetoric. First, by banking CEO’s who claim workers make too much money, and second, by the Conservatives who claim that they received too much government support during the pandemic.

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Businesses received $26 billion more in pandemic relief money than individuals

The influence of the private sector paid off for business owners, as they received more pandemic relief money collectively than individuals did. Justin Trudeau’s federal government came out with a slew of programs to help those in Canada, but many of these predominantly favoured employers. According to a new CCPA report, businesses received $26 billion more in financial supports than individuals did on programs like the CERB.
The result of the decision to direct more funds toward businesses was the maintaining of control in the hands of employers and managers. This meant there was less autonomy for workers to decide what to do with their own labour-power.

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How capitalism made the pandemic worse, every step of the way

The internal logic of capitalism has tainted our government’s response to the pandemic. Corporate profits were preserved, while the interests of the working class were disregarded.
Pandemic austerity and vaccine nationalism were the primary themes of government responses, and have grave consequences for the working class and health of humanity.
An alternative solution, worker-ownership, is good public health policy as it would empower workers to create their own safe pandemic working conditions.

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The Conservatives are hostile towards those we need the most

If we were to wonder about an alternate future in which the Conservative Party of Canada was in power during the current pandemic, we wouldn’t need to use our imaginations to understand how they would govern. The track record of Conservatives currently in power speaks for itself.

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