For the Conservatives, this federal election is looking messy. They may come up in the polls as time goes on but expect the economy to give the Cons serious migraines all the way. Don’t blame all of Canada’s economic woes on Tory neoconservative policy or the price of oil, though. No, the irrational pursuit of austerity was a major Liberal project as well. A piece in this week’s issue of The Tyee reminds of austerity’s bipartisan history.
image: Jennifer Kirkland via Flickr/CC
Neoconservatives hacking away at government programs and nasty public fiscal zealotry might have made for an edgy economics seminar in 1972. Today, those things are no better than begging for disaster.
And the sooner the better…
What employers need to do for working parents. Families’ struggles to make ends meet should be employers’ problem, too
We enjoyed learning about the solidarity economy this afternoon via a piece in Dissent. Such an economy involves working to give rather than take. The inspiration for the localized, cooperative spirit in this approach to commerce comes from diverse sources, including Quebec, and resonates with a down-to-earth good sense. Seems to be working for Reading, Pennsylvania.
The entire editorial staff at suburban-poverty.com would like to go away from Mississauga and live somewhere that has both solidarity and goats. But then, we would, wouldn’t we? The point is to search for and enact alternatives.
See also: (578) Star Trekonomics
Oh Canada! Here’s two items for your austerity file. The first is about the country’s corporate cash hoard, said to be $626 billion dollars. That’s money not destined for wages or other constructive uses. The second is about life at the bottom. We can hardly pretend for long these are totally separate realities.
image: Internet Archive scanned book project
Revolt of the rich. Our financial elites are the new secessionists