Assorted content to end your week.
- Joseph Stiglitz notes that the recent stock market turmoil may be most important for its effect in highlighting far more important economic weaknesses. And Richard McCormack discusses the link between stock buybacks, inequality and economic stagnation – meaning that a plan to eliminate loopholes for stock options may also have positive spillover effects for the economy as a whole.
- Barry Schwartz writes about the meaning of work, while noting that a focus on theoretical efficiency by eliminating all satisfaction from a work day may be leading to worse results for employers and (Read more…)
Assorted content for your weekend reading.
- Robin Sears discusses the hubris behind the Cons’ early election call, while Tim Naumetz notes that the extended campaign is just one more issue where the Cons are offside of the vast majority of the public. And the Guardian comments on the reasons for optimism that we’re nearing the end of Stephen Harper’s stay in power.
- The Ottawa Citizen makes the case for better economic management than we’ve been able to expect from the Harper Cons. And Alan Freeman weighs in on the costly frivolity of the Cons’ latest tax credit scheme.
Here, with my suggestions as to what viewers should watch for in tonight’s leaders’ debate – particularly in a campaign where we’ll have ample opportunity to see everything but interaction between party leaders.
For further reading…- David Reevely describes the staging behind most of the campaign events we’ll see between now and election day. And Scott Reid takes a look at the preparation which goes into each debate as well.- Macleans offers a primer on tonight’s debate. And Aaron Wherry, Bruce Anderson, Laura Payton, and Chantal Hebert all note a few additional points to (Read more…)
This and that for your Tuesday reading.
- Robert Reich describes how U.S. voters are rejecting the concept of a ruling class from both the left and the right – while noting that it’s vital to get the answer right as to which alternative is worth pursuing. And Owen Jones sees Jeremy Corbyn’s rise as an inevitable response to the emptiness of New Labour in the UK: Corbyn’s campaign has been unique in the Labour leadership campaign in actually offering coherent policies and a fleshed-out economic strategy: a radical housing programme; tax justice; democratic public ownership of utilities and (Read more…)
The current Liberal leader, who apparently saw no reason to think his actions in the present might result in the loss of his party’s self-proclaimed brand: Trudeau said he finds Canadians he talks with when he travels are open to the idea of balancing security and rights. But he conceded that he may have underestimated the backlash, partly because he thought that as a Liberal he wasn’t vulnerable to being seen as lax on defending the Charter of Rights and Freedoms. (The Charter was, of course, introduced as part of the constitutional reforms ushered in by his late father, former (Read more…)
This and that for your Tuesday reading.
- Jeffrey Sachs writes about the need to shape a more moral, less exploitative economy. So needless to say, the Cons are instead working on promoting corruption.
- Mark Weisbrot discusses how the Troika’s attempt to impose continued austerity on Greece in the face of public resistance can’t be seen as much more than an attempt at coercive regime change. And John Nichols reports on just a few of the voices rightly lauding the refusal of Greece’s electorate to go along with that plan.
- Scott Eric Kaufman talks to Erik Loomis about (Read more…)
Having written this column a couple of weeks back on electoral financing in Saskatchewan, I’ll take a moment to address this letter to the editor in response from R. Curtis Mullen.
It’s indeed true that Saskatchewan has spending limits which apply during an election campaign. But the Canada Elections Act does in fact regulate both donations and campaign spending, leaving little room for anybody to argue that it’s an “either”/or situation.
More importantly, though, campaign spending limits fall short of addressing the principled basis for donation restrictions on two fronts.
First, they do nothing about the problem of concentrated donations.
Here, for instance, is me chatting with Paul Dechene.
(And to correct myself, the impending provincial election is the second under fixed election dates – though the first where it’s lining up with an associated federal election.)
Andrew Coyne has rightly pointed out the gall the Senate is showing in nixing Michael Chong’s watered-down Reform Act (even if there’s something to a few of the criticisms). But let’s not miss the most absurd suggestion of all as to who should be given increased power over a party’s leadership (emphasis added): “I just don’t think this kind of things should be left in the hands of caucus, when our process for electing leaders [is] in the hands of the grassroots,” [Con Senator David] Wells said. He suggested the bill be amended to require a minimum consent of 50 (Read more…)
It will be some time yet before we see how Rachel Notley translates the Alberta NDP’s election triumph into policy. But we have had a chance to see Notley’s response to frivolous attacks on the NDP’s newly-elected MLAs – and she’s had absolutely the right reaction so far in not letting those attacks undermine elected representatives: Premier-designate Rachel Notley says she doesn’t see Drever’s Facebook photos as a big problem for the NDP.
“I think transition and the challenges that come with transition are what happens when governments change, which is something that happens in normal, healthy democracies,” Notley said.
Some time ago, I put together this list of principles worth considering when talking about structured cooperation between political parties. And consistent with Ian Gill’s own warning about his lack of connection to party structures, his proposal for a secret pre-election pact manages to fail on nearly every front.
But while there’s some reason for question about Gill’s intended direction, the bigger issue is his presumption that we need our political parties to drag us there. So let’s clarify the options available to Canadians who want to further an “ABC” agenda in the lead up to this fall’s election.
While (Read more…)
This and that for your Sunday reading.
- Joe Gunn argues that it’s long past time for Canada to live up to its climate commitments. And Carol Linnitt writes that further delay will do nothing but damage to our economy and our democracy as well as our planet: Taking meaningful climate action would mean increasing green infrastructure, prioritizing sustainable cities and investing in renewable and low-carbon sources of energy.
It would also mean slowing the rate of expansion of oil and gas projects including the oilsands, which would eventually put a stop to new pipeline projects. That would come with (Read more…)
Following up on this post, other commentators are starting to raise questions about what will happen after the impending federal election.
Based on the Harper Cons’ track record, the default assumption has to be that they aren’t about to consider themselves bound by mere conventions or if there’s a chance to cling to power by using thir incumbency to their advantage.
In a worst-case scenario, that could mean that regardless of how Canadians vote, the Cons could continue to exercise all manner of executive power (as bolstered by the ability to “disrupt” peaceful activity under C-51), while freezing (Read more…)
I’ve previously highlighted the need for media and citizens alike to press our opposition parties on how they’re willing to cooperate to replace the Harper Cons after the next federal election. But let’s note that there’s a similar question which still needs to be directed at Stephen Harper at every available opportunity – even if we can’t expect much more than instructive non-answers.
As Andrew Coyne notes, it’s still an open question how far Harper would go in trying to cling to power under all kinds of circumstances: As prime minister, Mr. Harper would retain a number of prerogatives (Read more…)
Michael Harris’ latest is well worth a read in offering a guide to avoiding the worst consequences of election-year spin. But it’s worth noting that his most important advice is only presented as an afterthought: Final note on street-proofing your vote? Inform yourself. Look at what the people who want their power renewed have done with it so far, and at what those who seek power say they will do if they get it.
Above all, don’t cast your ballot out of fear.
While the warnings found earlier in Harris’ piece may be helpful as examples of what candidates shouldn’t do (Read more…)
This and that for your Sunday reading.
- Scott Santens links the themes of health and equality by suggesting that we treat a basic income as a needed vaccine against poverty and all its ill effects.
- Erika Eichelberger and Dave Gilson highlight how U.S. corporations are siphoning money offshore to avoid paying their fair share of taxes. And Kate Aronoff warns us that the mindless extraction of profits is producing environmental and financial crises alike: Between debt and our slowly roasting planet, we’ll be lucky to walk away from the next 25 years with just one crisis. There (Read more…)
Assorted content for your weekend reading.
- John Hood discusses how the privilege of the political class makes it difficult for elected representatives to understand, let alone address, the problems of the precariat. And Lawrence Mishel and Will Kimball document the continued connection between the erosion of unions and income inequality.
- Lizzie Dearden reports on one proposal to rein in corporate abuses, as Ed Miliband intends to crack down on tax cheats and the jurisdictions which harbor them. And Carol Linnitt suggests that Canada’s public corporations should be required to disclose their political expenditures.
- But unfortunately, the Harper (Read more…)
Miscellaneous material for your mid-week reading.
- Kate McInturff and David Macdonald address the need for an adult discussion about how federal policies affect Canadian families. And Kevin Campbell writes about the importance of child care as a social investment.
- Vincenzo Bove and Georgios Efthyvoulou study how public policy is shaped by political budget cycles – with more popular social spending getting emphasized around election time, only to face a threat as soon as the vote is held. And Scott Clark and Peter DeVries identify a distinct increase in the smoke and mirrors being used by the Cons (Read more…)
This and that to start your year.
- Ian Welsh comments on the challenges we face in trying to turn wealth increasingly concentrated in the hands of a few into a better world for everybody: The irony is that we have, again, produced a cornucopia. We have the potential to create an abundance society, the world over and eventually off this world.
We have much of the technology necessary, and we could direct our research and development towards the remaining technology we need.
Instead, we rely on markets controlled by oligarchs and central banks captured by oligarchs to make (Read more…)
Miscellaneous material to start your week.
- Ryan Meili examines why Craig Alexander of the TD Bank is calling for a move toward greater income equality in Canada: The OECD reports that income inequality is at the highest level in 30 years, and that economic growth has been slowed by as much as 10 per cent in some countries as a result. A 2014 IMF study showed that redistributive policies through tax and transfers not only do no harm to the economy, but can improve performance in the long-term. In fact, it appears that public investments in child care and (Read more…)
Does anybody remember which particularly prominent political pundit went far out his way to trumpet the idea that basic unit of political legitimacy is the caucus – to the point of repeatedly advocating a legislated requirement that a caucus vote override the decisions made by the whole of a party’s membership?
I ask only because he seems to have been replaced with a far more reasonable impostor.
By the majority-of-caucus standard set under Michael Chong’s Reform Act (or the stronger forms suggested by Andrew Coyne among others), the decision of a majority of Wildrose Party MLAs to join up with (Read more…)
Shorter Chantal Hebert: And just think how much more successful Jack Layton could have been as the NDP’s leader if only the Cons had spent years attacking him rather than Stephane Dion and Michael Ignatieff!
Of course, it’s true enough that Canada’s political scene has changed – and indeed for the better in terms of the NDP’s position. But if the NDP can engage its supporters, keep itself in the consideration set of potential governments and build further support for an already-popular leader in relative peace, I’m at a loss as to why Hebert thinks it should envy the (Read more…)
This and that for your Thursday reading.
- Oxfam studies the spread of extreme inequality around the globe, as well as the policies needed to combat it: Oxfam’s decades of experience in the world’s poorest communities have taught us that poverty and inequality are not inevitable or accidental, but the result of deliberate policy choices. Inequality can be reversed. The world needs concerted action to build a fairer economic and political system that values everyone. The rules and systems that have led to today’s inequality explosion must change. Urgent action is needed to level the playing field by implementing policies (Read more…)