anonymous people standing on street among smoke during protests at night

Socialist Action Digest, December 2022

On the domestic political landscape, the biggest development in the Fall was the two-day walkout by CUPE-Ontario education workers. They boldly defied a law pre-emptively banning strike action. CUPE and allies, including the Ontario Public Service Employees' Union, forced the Thug Ford Conservative government to rescind Bill 28 and its use of the notwithstanding clause to violate the Charter of Rights.  

a cryptocurrency advertisement on white paper

Behind Sam Bankman-Fried’s Cryptocurrency Crash

Thirty-year-old “wonder boy” Sam Bankman-Fried (often called SBF) was, at $21 billion, among the richest men on earth. Until a month ago, he was CEO of the second-largest cryptocurrency exchange in the world, FTX—valued at $32 billion. On the cover of Forbes and Fortune magazines, he was touted as a financial genius akin to Berkshire Hathaway’s billionaire financier, industrial magnate, and “philanthropist” Warren Buffett. But SBF’s FTX filed for bankruptcy in early November. A competitor, CoinDesk, apparently hacked its financial balance sheet and made it public, revealing grave discrepancies between FTX’s claimed worth and the reality of its investment portfolio. All hell broke lose as investors ran for the hills. In a matter of days most of FTX’s $32 billion evaporated.

Marxism and the National Question

National oppression and racism are fundamental features of capitalist states in the world today. In few of them does the national question play such a central role as in Canada. This is most clearly demonstrated in the case of Quebec, where national resentment periodically erupts to take centre stage in political life. It is seen in the rising national consciousness and demands of Indigenous peoples in Canada and Quebec. French-speaking communities outside Quebec which have survived Anglo-assimilation, notably the Acadians in Atlantic Canada, also claim nationhood. And it applies, arguably, to Newfoundland, where a separate society existed for three hundred years before its incorporation, by a fraudulent set of referenda, into the Canadian state in 1949.

The Red Review: Through the Looking Glass — Comparing Canadian and Australian Politics with Isabelle Moreton

In this episode of The Red Review, brought to you by Socialist Action, Emily and Daniel talk with Isabelle Moreton of Brisbane, Australia. Isabelle provides analysis and commentary on various political struggles, including disability justice, queer and trans liberation. With the Labor Party winning the majority of seats in the recent election, who better to speak to about what this actually means for the exploited and oppressed masses in Australia and for the international labour and socialist movement. Expect a more banter-y conversation with striking similarities drawn between the Canadian and Australian political context.

The Red Review — Challenging Eco-colonialism Using Indigenous Science with Dr. Jessica Hernandez

In this episode of The Red Review, brought to you by Socialist Action, Emily and Daniel talk with Dr. Jessica Hernandez about her new book, Fresh Banana Leaves, and her conceptualization of Indigenous science and eco-colonialism. We finish with a discussion about how Indigenous peoples and settlers can unite against common oppressors and what it takes for that to happen.