Canadian election: Left and labour movement discuss way forward

A selection of articles from Canadian socialists discussing the October 14 federal election and the debates and discussions in the Canadian and Quebec left and labour movements on electoral tactics.

The global financial crisis: implications for Asia

By Reihana Mohideen

The Wall Street crisis seems light years away from the side streets of Manila’s urban poor slums. For the labouring masses in the Philippines the capitalist system has been in crisis for some time now, unable to deliver life’s basic necessities: jobs and a living wage; affordable quality healthcare and education; and food security.

According to official National Statistics Office data poverty levels have increased between 2003 and 2006, and 2008 is expected to be the worst year since the 1998 Asian economic crisis. Between April 2007 and April 2008 the labour force grew by only 81,000, while the number of unemployed rose by 249,000, i.e. triple the increase in the labour force. In 2008 the number of employed persons fell by 168,000 and there was no employment generation in April of this year. Jobs were being lost at a time when prices and inflation were skyrocketing.

Walden Bello: A primer on the Wall Street meltdown

By Walden Bello, Focus on the Global South

[Read more on the capitalist economic crisis HERE.]

September 25, 2008 -- The Wall Street meltdown is not only due to greed and to the lack of government regulation of a hyperactive sector. It stems from the crisis of overproduction that has plagued global capitalism since the mid-seventies.

Many on Wall Street are still digesting the momentous events of the last ten days:

Human Rights Watch report on Venezuela: An echo of US propaganda

Statement by the Australia-Venezuela Solidarity Network

India: What happens to a dream deferred? Does it explode?

What happens to a dream deferred?

Does it dry up

like a raisin in the sun?

Or fester like a sore--

And then run?

Does it stink like rotten meat?

Or crust and sugar over--

like a syrupy sweet?


Maybe it just sags

like a heavy load.


Or does it explode?

-- Langston Hughes, 1951

By Kavita Krishnan

Climate change -- the case for public ownership

Photo by Alex Bainbridge.
By Trent Hawkins

Arising out of the U

Australia’s Socialist Alliance urges a 10-point plan to cut atmospheric CO2

Sydney climate emergency rally, October 3, 2008. Photo by Alex Bainbridge.

Climate action now!

September 25, 2008 -- The Australian federal government’s climate change adviser, Professor Ross Garnaut, has released his recommendations for medium-term cuts to Australian greenhouse gas (GHG) emissions.

He calls for reductions by 2020 of just 5% if there is no comprehensive international agreement on emissions reductions, or reductions of 10% if there is an agreement. At the Bali climate summit in December 2007 many developed countries expressed support for goals of 25-40% reductions.