Bank of Canada Independence Vs. Accountability
The origin of the concept of central bank independence is a critique of social democratic ideas prevalent during the middle part of Friedman’s career.
The origin of the concept of central bank independence is a critique of social democratic ideas prevalent during the middle part of Friedman’s career.

Now is the time for the democratic left in Canada to develop a workable and comprehensive version of basic income as a key policy instrument, and not a sideline consideration.

Ownership of housing is becoming increasingly concentrated in the hands of wealthy Canadians, fostering a worsening status quo for everyone else.

The Golden Age was marked by very strong economic growth and by close to full employment, resulting in steadily rising real wages and the expansion of the fiscal base needed to finance the growing welfare state.

The “trad-wife” and “hustle-bro” subcultures are a phenomena of the social media age, and a symptom of late-stage capitalism.

By the inter-war period, social democracy had emerged in Canada as a more or less coherent ideological and political force.

Across Canada, public investments totalling $188 billion over five years in these key priorities are urgently needed to drive a prosperous green transformation.

As prospects for the broadly shared prosperity that Canadians rightly expect are fading in a system in which too many of the gains go to the top, thinking about how worker ownership can play a vital role in creating a more equal, democratic economy has become an important task.

Social democracy was not only about the welfare state and public services and expanding social rights, but also about regulated capitalism, economic democracy, or even transcendence of capitalism as an economic system.


