The Rate of Exploitation or Surplus Value of Workers, the Composition of Capital and the Profit of the Canadian Economy in 2019 (before Covid) Based on Marxian Economic Categories: Preliminary Estimates

Introduction Social-reformist leftists and radical leftists often refer to capitalism. Radical leftists can often be criticized on that score because their references to capitalism are too vague. On the other hand, although social-reformist leftists also use the term "capitalism" in a vague sense, it is to their advantage since they sound radical without really being … Continue reading The Rate of Exploitation or Surplus Value of Workers, the Composition of Capital and the Profit of the Canadian Economy in 2019 (before Covid) Based on Marxian Economic Categories: Preliminary Estimates →

The Rate of Exploitation of AB (Anheuser-Busch) InBev NV (Including Labatt) Workers

I was, in part, inspired to start this blog because of the incredible lack of criticla thinking on the part of the pro-union left here in Toronto. In particular, when I tried to bring up the issue of whether striking brewery workers could ever except to obtain "a fair deal, good jobs, pension security and … Continue reading The Rate of Exploitation of AB (Anheuser-Busch) InBev NV (Including Labatt) Workers →

The Rate of Exploitation of General Motors Workers

I thought it would be politically relevant to try to estimate the rate of exploitation of General Motors (GM) workers for 2019 (since annual reports starting in 2020 would distort the picture because of the pandemic). I say politically relevant because of the closure of the GM Oshawa plant on December 18, 2019 and the … Continue reading The Rate of Exploitation of General Motors Workers →