I heard a pernicious argument from a Conservative commentator on Rosemary Barton’s morning show yesterday. In between condescending remarks (“now look, Rosie”) the argument ran as follows: We are in a time of inflation so we should not pass measures that increase consumer spending. So we should oppose pharmacare and dental care. By contrast, though,…
I won’t deny the utility of macroeconomic theory. But it is also abundantly clear that tracking the flow of money, goods and services in an economy is only one small part of a much larger and more complex domain.
Alberta not only discarded income security at the exact moment it would have been most useful, it used its savings to take up the slack, squandering what could have been by now a 169-billion trust fund.
As a part of a progressive industrial policy, we should be looking to convert Canadian production from an industrial model to a cooperative model, from a model based on wealth and power to one based on community and consensus.