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capitalism

Do governments neglect social spending for corporate subsidies?

in Columns/Featured/Opinion/The Nonagenarian’s Notebook by

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,…

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The decline of collectivity

in The Nonagenarian’s Notebook by

Victory of individualism over collectivism a disastrous defeat for society as a whole.

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World’s super-rich are wrecking the planet

in The Nonagenarian’s Notebook by

But they plan to survive civilization’s collapse.

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We can fight neoliberalism and mitigate its impacts at the same time

in The Nonagenarian’s Notebook by

Whether or not global plutocracy can be toppled, its billions of victims need immediate help.

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‘The future’s not ours to see’ — but it is ours to shape

in The Nonagenarian’s Notebook by

What we need to know about neoliberalism. (Part 3 of 3)

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Protests against U.S. pipeline reach Newfoundland

in Journalism by

Small group in St. John’s protests RBC’s involvement in the Dakota Access Pipeline.

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Oil talk must include more discussion of privilege

in Uncategorized by

A recent panel discussion at Petrocultures 2016 needed to admit the harsh truth: The shift to a ‘green economy’ will be uncomfortable.

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Capitalism, feminism, and sex work

in Uncategorized by

In a capitalist society, no one is concerned about how empowering someone’s job is — unless it’s sex work.

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The revolution has come, and the left is terrified

in Uncategorized by

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.

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Breaking the cycle of exploitation

in Uncategorized by

Even when times are bad, capitalist states pursue policies that benefit capitalist profit.

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Inequality, neoliberalism, and the unmaking of the middle class

in Uncategorized by

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.

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Working toward “ecological conversion”

in Journalism by

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.

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Why you need to know about the TPP

in Uncategorized by

Prominent thinkers are speaking out against it and pro-democracy groups are calling for proper public consultations. But is our government listening?

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We will never have better than we demand

in Letters by

“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.”

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“Time is not money”: Homestead Economics (Pt. 1)

in The Good Life by

Are you caught up in the rat race? The principles of homestead economics might just be your way out.

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Neoliberalism is destroying Canada: Former NDP leader

in Journalism by

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.

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The trouble with charity

in Gadfly by

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

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Trade treaties bloom, sovereignty wilts

in Cutting through the spin on CETA by

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

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Players, absentees and spectators in the CETA ambush

in Cutting through the spin on CETA by

Who supports the Comprehensive Economic and Trade Agreement, and why? Who might have opposed it, but hasn’t? Are there prospects for stopping it?

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CETA “not about trade”

in Cutting through the spin on CETA by

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

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