Capitalism’s continued crisis
The global economy has to be seen, not so much as a set of discrete national economies trading with each other, but as a vast “macro financial” web of corporate balance sheets and financial flows.
The global economy has to be seen, not so much as a set of discrete national economies trading with each other, but as a vast “macro financial” web of corporate balance sheets and financial flows.
The next financial crisis is coming, sooner more likely than later. And Canada has no reason to be complacent, given its own vulnerabilities.
We should be very careful to recognize that poverty has many dimensions that can only be understood through multiple indicators, and that political commitments must extend to resources and not just targets.
The problem with the “end of jobs” narrative is that it disarms us by suggesting that massive technological forces out of our control are most to blame for our problems. That is not the case.
With families struggling to afford increasing rents, more and more children are growing up in poverty.
Development of a new trade agenda should certainly be on the agenda of labour and the left.
For workers, trade unions and social democrats, the answer to achieving greater social justice is in imagining a closer relationship between social democracy, trade unions and the state.
Creating the social partnership that is the core of social democracy—in the Nordic model, anyway—is a provincial undertaking which can greatly benefit from a strong federal ally.
The top 1% of individual taxpayers receive almost all of the benefit of the stock options deduction and 87.4% of the benefit of the capital gains deduction.