Governments exist to protect the rights of minorities. The rich need no protection. — Wendell Phillips. When it comes to listing countries on the basis of the social services they provide to their citizens compared to the subsidies they heap on their corporations, Canada doesn’t fare well. A recent study from the University of Calgary’s School of Public Policy reports that our federal government and the four largest provinces spend $29 billion a year subsidizing business firms. The study’s author, John Lester, says that half of these huge subsidies fail to improve economic performance and therefore constitute a colossal waste of government revenue. “And because nearly one-third of all such subsidies just go generally to support specific industries or regions rather than to enhance economic development,” he added, “the proportion of questionable spending rises to 60% of the total.” Of the $29 billion in government handouts that corporations receive annually,…
Victory of individualism over collectivism a disastrous defeat for society as a whole.
But they plan to survive civilization’s collapse.
Whether or not global plutocracy can be toppled, its billions of victims need immediate help.
What we need to know about neoliberalism. (Part 3 of 3)
Small group in St. John’s protests RBC’s involvement in the Dakota Access Pipeline.
A recent panel discussion at Petrocultures 2016 needed to admit the harsh truth: The shift to a ‘green economy’ will be uncomfortable.
In a capitalist society, no one is concerned about how empowering someone’s job is — unless it’s sex work.
A massive change is underway in the west, and a fresh struggle for the soul of the middle class and the nations we call home is upon us.
Even when times are bad, capitalist states pursue policies that benefit capitalist profit.
Nowadays middle class values largely conform to the neoliberal ideology that has dominated economic discourse for the past 35 years. In light of our current “fiscal” problems, however, maybe it’s time to evaluate whether this has been in our best interests.
MUN professor takes aim at consumer capitalism for its role in the ecological and climate crises, draws inspiration from Pope Francis in leading a local initiative to start “a new conversation” about ecology and sustainability.
Prominent thinkers are speaking out against it and pro-democracy groups are calling for proper public consultations. But is our government listening?
“All is well for western profiteers when their media and politicians can get us quibbling among ourselves over jobs and who gets a better pension.”
Are you caught up in the rat race? The principles of homestead economics might just be your way out.
Ed Finn, Newfoundland’s first NDP leader, sat down with The Independent to discuss the biggest challenge facing Canada today — the one nobody’s talking about in the lead-up to the federal election.
Giving and generosity may reduce the burden of immediate suffering and desperation, but if we’re serious about finding long term solutions we can begin by questioning why some have so much while others have so little
The federal government is engaged in five major “free trade agreements” that threaten the degree of control Canadians have over their land, resources, freedom and future
Who supports the Comprehensive Economic and Trade Agreement, and why? Who might have opposed it, but hasn’t? Are there prospects for stopping it?
In the first of this 5-part series: What the North American Free Trade Agreement has taught us, and the implications of another treaty based on the neoliberal “free trade” ideology