Canada and Coronavirus: A Marxist Analysis
If capitalism could be said to have a motto, “profits before people” would be it. The banks, the corporations, and profits are sacrosanct, and people are expendable. This has been clear from the response of the Canadian and provincial governments to the COVID-19 crisis over the past two weeks. While big business are given handouts, […]
The lessons of the Italian coronavirus crisis for the workers of the world
The coronavirus crisis in Italy has brought out the real nature of the capitalist system that is now evident to millions of working people. Profit is being placed before lives, but the working class is reacting with militant strike action. What lessons can be drawn from this experience for the workers of other countries? Fred […]
Canada before and after Coronavirus
In order to understand what is to come it is necessary to understand what came before. In January and February 2020 the Fightback editorial board drafted the following perspectives document. This piece outlined the general processes in Canadian politics and economy in order to orient the activity of revolutionaries. Most notably it detailed the coming […]
COVID-19 shows need for a planned economy
In effect, Trudeau and Ford have acknowledged the inability of the “free market” to halt the pandemic, and are being forced to introduce a form of state-directed capitalism to make up the shortfall. However, the “plans” of the state are already colliding with the operations of the capitalist market.
Trudeau’s aid package is too little, too late
Trudeau on Wednesday announced his new $82 billion aid package to cope with the fallout of COVID-19. The package includes $27 billion in direct support to the unemployed and businesses, as well as $55 billion in tax deferrals. In normal times, $82 billion would be seen as an extraordinary sum. However, these are not normal […]
Capitalism is sick, the struggle for socialism continues! Join the Marxists today!
All aspects of the coronavirus crisis point to an inescapable conclusion: the capitalist system is responsible. The first reflex of governments in the current crisis has not been to protect people, but to protect big business and maintain high profits for them. Workers are left not knowing if they will have an income, a roof […]
Trudeau puts profit before people. Workers’ action to stop the pandemic
The COVID-19 pandemic can be stopped, but only if we act now. But the Canadian government is more concerned about protecting corporate profits and Donald Trump than taking the necessary measures. Working class action is necessary to stop thousands from dying. Every day they delay taking the necessary measures means more people will die. On […]
Coronavirus in Canada: Why should workers pay the price?
The COVID-19 outbreak has spread rapidly across the globe, leaving unprecedented social, political and economic dislocation in its wake. Despite the delay, Canada too is now feeling its impact. As of now, more than 190 people have been diagnosed with the virus in Canada. This is likely an underestimate given the absence of wide-scale testing. […]
Coronavirus pandemic opens a new stage in world history
Events on a world scale are moving at breakneck speed. The new coronavirus (COVID-19) has set in motion a chain reaction, which is upending any semblance of stability in one country after another. All of the contradictions of the capitalist system are coming crashing to the surface.
Capitalist system in meltdown
“People are running scared,” said Andrew Sullivan, director at Hong Kong brokerage Pearl Bridge Partners, as the capitalist system faces an economic meltdown. This is Black Monday all over again. Stock markets around the world, from London to Tokyo, are in free fall. Everything is pointing to a repeat of 2008 but on a higher […]