Canada is headed for a 'severe' and 'almost inevitable' recession in early 2023, according to the head of economics at Macquarie Group, which states Canada will face an approximately three per cent contraction in gross domestic product and a five per cent rise in its unemployment rate during the predicted recession.
No problem, glad that was helpful. And yeah, creating a more desperate work force is how they want to address the economic crisis. This is what Marx referred to as the reserve army of labour. Capitalist society requires unemployment to keep worker demands down.
We’re definitely seeing people develop more class consciousness now, and conversations about socialism are starting to move into the mainstream Overton window. One bright example is CUPE having record unionizaiton drive this summer. Unions are the first step towards having organized labour.
No problem, glad that was helpful. And yeah, creating a more desperate work force is how they want to address the economic crisis. This is what Marx referred to as the reserve army of labour. Capitalist society requires unemployment to keep worker demands down.
We’re definitely seeing people develop more class consciousness now, and conversations about socialism are starting to move into the mainstream Overton window. One bright example is CUPE having record unionizaiton drive this summer. Unions are the first step towards having organized labour.