The rate of exploitation or the rate of surplus value of Toronto Dominion Bank workers is =s/v=13,570/10,997=123 percent. That means that for every hour worked that is equivalent to her/his wage, a worker at TD Bank works around an additional 74 minutes for free for TD Bank. Alternatively, this means that, in terms of money, … Continue reading The Rate of Exploitation of the Workers of Toronto-Dominion Bank (TD Bank), One of the Largest Private Employers in Canada
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The Rate of Exploitation of the Workers of Rogers Communications Inc., One of the Largest Private Employers in Toronto
Introduction In two others posts I presented the twenty largest employers in Toronto according to level of employment (see A Short List of the Largest Employers in Toronto, Ontario, Canada) and the twenty largest employers in Canada according to profit (see A Short List of the Largest Private Employers in Canada, According to Profit). I … Continue reading The Rate of Exploitation of the Workers of Rogers Communications Inc., One of the Largest Private Employers in Toronto
A Basic Income Versus the Expansion of Public Services? Part One: Critique of the Social-democratic Idea that the Expansion of Public Services is Socialist
Introduction Simran Dhunna and David Bush have written an article that criticizes moves towards a universal basic income (see https://springmag.ca/against-the-market-we-can-do-better-than-basic-income). The Aim or Goal of Their Intervention The first question to ask is: What is the aim or goal of their intervention? What are they seeking to achieve? They write: But those committed to principled … Continue reading A Basic Income Versus the Expansion of Public Services? Part One: Critique of the Social-democratic Idea that the Expansion of Public Services is Socialist
The Rate of Exploitation of the Workers of the Canadian Imperial Bank of Commerce (CIBC), One of the Largest Private Employers in Toronto and in Canada
Introduction In two others posts I presented the twenty largest employers in Toronto according to level of employment (see A Short List of the Largest Employers in Toronto, Ontario, Canada) and the twenty largest employers in Canada according to profit (see A Short List of the Largest Private Employers in Canada, According to Profit). The … Continue reading The Rate of Exploitation of the Workers of the Canadian Imperial Bank of Commerce (CIBC), One of the Largest Private Employers in Toronto and in Canada
Do Workers Work for a Particular Employer or for the Class of Employers? Part One: A Limitation of Some Radical Left Critiques of Capitalist Relations of Production and Exchange (A.K.A. Capitalism)
While doing some research for a post on this blog, I became aware of how many Marxists claim that workers really work for the capitalist class or the class of employers rather than a particular employer. I asked my wife, who worked in Guatemala as a saleswoman, whether she thought that she worked for a … Continue reading Do Workers Work for a Particular Employer or for the Class of Employers? Part One: A Limitation of Some Radical Left Critiques of Capitalist Relations of Production and Exchange (A.K.A. Capitalism)
Socialism and Central Planning: Mr. Gindin’s Analysis of The Political Situation of Workers in General, Part One
The following is a two-part series on Bill Resnick's interview with Sam Gindin, in accordance with the two-part presentation of the interview. I put my summary of Mr. Gindin's talk in italics; my comments are in regular print. I also use italics when quoting others. One of Mr. Gindin's key criticisms of both GM and … Continue reading Socialism and Central Planning: Mr. Gindin’s Analysis of The Political Situation of Workers in General, Part One
The Rate of Exploitation of Workers at Air Canada, One of the Largest Private Employers in Canada
The following applies to Air Canada workers before the COVID-19. The situation undoubtedly has changed since then since the airline industry has suffered disproportionately an economic crisis relative to some other industries (such as food production). In another post, I presented the twenty largest employers in Canada according to level of profit (see A Short … Continue reading The Rate of Exploitation of Workers at Air Canada, One of the Largest Private Employers in Canada
Unions and the Coronavirus Pandemic: A Critique of a Social-Democratic View, Part Two
This is a continuation of commentary on an article written by Professor Tufs (geography professor, York University, Toronto, Ontario, Canada) (see https://socialistproject.ca/2020/05/covid19-and-actually-existing-unions/). In my last post, I pointed out that Professor Tuft's reference to Sam Gindin's call for restructured and more radical unions is inadequate. Rather than addressing directly the issue of the inadequacy of modern-day … Continue reading Unions and the Coronavirus Pandemic: A Critique of a Social-Democratic View, Part Two
The Rate of Exploitation of Magna International Inc., One of the Largest Private Employers in Toronto, Part Two, Or: Intensified Oppression and Exploitation
As I argued in the last post on this topic (see The Rate of Exploitation of Workers at Magna International Inc., One of the Largest Private Employers in Toronto, Part One), Christopher Arthur, in his The New Dialectic and Marx's Capital, claims that there are two forms of exploitation (pages 55-56): It is obvious here … Continue reading The Rate of Exploitation of Magna International Inc., One of the Largest Private Employers in Toronto, Part Two, Or: Intensified Oppression and Exploitation
Socialism, Part Nine: An Inadequate Conception of the Nature of Freedom and Necessity, or Free Time and Necessary Time, Part One
Leer este post en español The class formal principle of employers--that workers receive from society what they contribute (contradicted at a practical level through systematic exploitation of workers necessarily in a capitalist context--that is why it is a formal principle that contradicts reality--see for example The Rate of Exploitation of Workers at Magna International Inc., One … Continue reading Socialism, Part Nine: An Inadequate Conception of the Nature of Freedom and Necessity, or Free Time and Necessary Time, Part One
The Abolitionary 