Articles Tagged ‘Economics’

  • Robbing the poor to give to the rich

    Canadian Politics

    The Conservatives have disfigured the Canadian tax system, plundering it to enrich their political supporters and stripping it down so that it can’t be used to create the kind of socially advanced society that Canadians aspire to. Undoing the damage won’t be easy. It will start with recognizing that the tax system is instrumental in any coherent plan to build the social programs and public infrastructure that are central to a truly democratic and inclusive society.

  • Deficit discussion overshadows economic debate Canada needs

    Canadian Politics

    Today’s economic debate will likely stay in a rut well worn by decades of right-wing austerity and its victory in the sphere of ideas. At the same time, inequality and stagnation have created fertile ground to spark new ideas. Who will ignite them?

  • Harper is fighting the deficit battle but losing the economic war

    Economic Crisis

    The evidence is mounting that Canada’s economy may already be in an outright recession. Recent data on investment, exports, building permits and retail sales all paint a gloomy picture, and Friday’s jobs numbers (the private sector shed 49,000 jobs in June, partly offset by public sector hiring) added to the pessimism.

  • The case for a $15 minimum wage in Alberta


    So, despite what you’ve been hearing from provincial lobby groups, both Alberta workers and business owners have plenty of reasons to get behind the new Government of Alberta’s promised initiative to raise the minimum wage to $15 in a series of pre-announced staged increases between now and 2018.

  • Make the Rich Panic

    Social Movements

    The veneer of power appears untouched before a revolution, but the internal rot, unseen by the outside world, steadily hollows out the state edifice. And when dying regimes collapse, they do so with dizzying speed. Upheaval is coming. The people must be prepared. If we are, we will have a chance.

  • World’s Richest 80 People Own Same Amount as World’s Bottom 50%

    Economic Crisis

    Oxfam’s recent report, “Wealth: Having It All and Wanting More,” contains shocking figures that the press haven’t sufficiently publicized; so, the findings and the reliability of their sources will be discussed here. The results will then be related to the central political debate now going on in the U.S. Presidential contests for 2016, which is about equality and inequality.

  • Oil Imperialism and Monetary Policy

    Economic Crisis

    What could have been resolved in 2009, the outsized role of finance and banking in world affairs, has been resurrected like Frankenstein’s monster to contemplate its existence in a world that is better off without it.

  • Free Trade Benefits Canada, eh?

    Canadian Business

    Every time I pass through Oshawa, Ontario I think of the Free Trade Agreement between Canada and the USA. Oshawa is the home of General Motors of Canada, the largest producer of motor vehicles in Canada. Not that long ago Canada was the fourth largest producer of cars and trucks in the world.

  • It is time to confront Canada’s staple trap

    Canadian Business

    A country should allow for that price variability and plan accordingly – like not putting all its eggs in that basket. This is precisely what neither the governments of Alberta nor Canada has done or is doing.

  • The coming financial crisis: a harbinger of world renewal?

    Economic Crisis

    As the prospect of global financial crisis beckons once again, will our elected leaders finally accept the need for an entirely new economic approach that breaks away from the primacy of growth and profit – or will their hand be forced by a resurgence of mass public protest?

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