Tag Archives: Economy

Billions in state funds for transportation corridors to serve US-dominated empire-building

Federal government marches further into dead end of nation-wrecking. The working class is determined to affirm its right to build the new! Report from WORKERS’ FORUM

Transport Canada has announced another $2.1 billion of state funds for the Trade and Transportation Corridors Initiative to serve the global oligopolies and their control of the Canadian and international economy.[1]

A Ministry press release on July 4 states the Trade and Transportation Corridors Initiative is “[to] build stronger, more efficient transportation corridors to international markets…. Canadian businesses will be able to better compete, grow and create even more jobs well into the future.” Continue reading

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Nation-building in the 21st century or empire-building

160501-TorontoMayDay-02cropFinding a practical way forward for the workers’ movement to make the struggle for rights effective at this time | ROLF GERSTENBERGER*

Nation-building in the 21st century has to overcome the obstacles that developed during the 20th century. These obstacles derive primarily from the empire-building of the global monopolies and the big powers with which they are connected. Empire-building of the global monopolies during the twentieth century overwhelmed and defeated the nation-builders of the nineteenth century, the nascent period of capitalism, and the heroic nation-building attempt of the working class in the Soviet Union. Continue reading

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Looking at the Trudeau budget

130501-CalgaryMayDay-108crThe federal government released its 2016 budget on March 22, which it calls Growing the Middle Class. The March 26 issue of TML Weekly  features part one of a series “Looking at the Budget,” which points out that the “aim of the Liberal budget is found in the details.” Continue reading

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Maritime strategy of the Quebec Liberals: Serving the interests of the United States of North American monopolies

For your information: two articles on the Maritime Strategy of Quebec – the latest plan of the ruling circles to build infrastructure and establish Gateways and Trade Corridors across Canada to facilitate the transportation of energy resources and manufactured goods to North America, Europe and Asia.

The Couillard government promotes its Maritime Strategy.

By LOUIS LANG

The statements of the Couillard Liberals promise economic growth and thousands of jobs all over Quebec. In fact, it would seem that what is being proposed is a new version of the Security Prosperity Partnership (SPP). The SPP, in which the Paul Martin government was involved, was a plan integrating the Canadian, U.S. and Mexican economies into the United States of North American Monopolies. This was to form a trade and military bloc in the inter-imperialist striving over control of world markets, spheres of influence, cheap labour and resources and zones for the export of capital. The Maritime Strategy being put forward by the Quebec Couillard government as a “pivotal project“ to develop the economy of Quebec is not a plan to build an independent national economy for the benefit of the people of Quebec but rather it is to put the resources and transportation infrastructure of Quebec in the service of North American monopolies. Continue reading

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The Harper/Trudeau fallacy of prosperous economy based on global monopoly control

In this election, the position of Stephen Harper and Justin Trudeau on the economy is that public resources, assets and funds must be available to the global monopolies to encourage them to invest in the economy. They insist that putting Canada’s economy and human and natural resources at the disposal of the monopolies means international trade must come under their control within multilateral free trade deals. They laud the Trans-Pacific Partnership free trade deal as yet another international agreement that allows the global monopolies almost unfettered access and control over Canada’s economy, its human and natural resources, production of goods and services, and home market.

Free trade demands the negation of sovereign rule over the economy within a participating country. The neo-liberals contend giving up sovereign control of the economy to global monopolies is the only way the monopolies will invest in Canada and the economy can grow. Unspoken in this reasoning is how the narrow private interests of the global monopolies that seize control of the economy to expand their empires can be harmonized with the broad public interests of the people and their rights, and the necessity to humanize the social and natural environment. Continue reading

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Graphic details. The world’s richest one per cent own half the planet’s wealth

With Harper and his corporate friends in charge of the economy, Canada’s 86 wealthiest individuals and families have accumulated as much wealth as the poorest 11.4 million. This is unacceptable. Harper’s government and its policy of neo-liberal globalization is based on paying the rich. At the same time, Canada is an integral part of the imperialist system of states; the rich elite from this country are part of a global ruling elite that do whatever suits their narrow private interests regardless of the consequences. The aim of global monopolies is to consolidate power and wealth in the hands of a few. The glaring inequality on the world scale is graphically illustrated below. Continue reading

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Nepean – Q & A from Electors: What are the MLPC’s plans for the national debt?

Q: Do you believe the national debt is an important issue, and what, if any plans do you have for it?

A: Government debt exists because it serves the politics of paying the rich. To suggest government does not have enough revenue to finance its investments and must borrow from private individuals and institutions covers up the reality that government refuses to build a public economic base from which it can realize revenue to meet necessary investments. Continue reading

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