Archive for the ‘Economy/Employment’ Category

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The Happy, Healthy Capitalists of Switzerland

Sunday, November 10th, 2019

Capitalist to its core, Switzerland imposes lighter taxes on individuals, consumers and corporations than the Scandinavian countries do. In 2018 its top income tax rate was the lowest in Western Europe at 36 percent… A pragmatic country can have a business-friendly environment alongside social equality, if it gets the balance right.

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We Need a New Capitalism

Sunday, November 10th, 2019

First, business leaders need to embrace a broader vision of their responsibilities… This requires that they focus not only on their shareholders, but also on all of their stakeholders — their employees, customers, communities and the planet… suggesting that companies must choose between doing well and doing good is a false choice. Successful businesses can and must do both… Research shows that companies that embrace a broader mission… outperform their peers, grow faster, and deliver higher profits.

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Doug Ford’s attacks on workers continue

Friday, November 1st, 2019

Ford says he’s “for the people,” but his failure to act confirms, yet again, what many in Ontario have come to learn. He works for “his” people: campaign donors and corporations. He could not care less about the health and safety or the lives of workers in Ontario. That is the real crime.

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Should We Soak the Rich? You Bet!

Sunday, October 20th, 2019

As a society, instead of playing Robin Hood to smooth out the inequities, we’ve played the Sheriff of Nottingham. Lawrence Summers, the economist and former Treasury secretary, has calculated that if we had the same income distribution today as we had in 1979, the bottom 80 percent would have about an extra $1 trillion each year and the top 1 percent would have about $1 trillion less.

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Want a competitive capitalist economy? Choose big government

Friday, October 18th, 2019

North Americans decided to make a choice between big corporations or big government, and favoured the former; Europeans realized that big government was the pathway to keeping corporations competitive and was good for consumers and society. We should not be looking at life as a choice between big, activist government or a successful market economy. To achieve the second, we need more of the first.

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What we can actually do about climate change

Friday, October 18th, 2019

Using existing technologies, all new vehicles added to taxi (traditional or app dispatched), post office, courier and utility fleets could be mandated to be electric. And there are thousands of General Motors workers in Oshawa, Ont., who would love the chance to build those vehicles… The industry was clear it could succeed economically while meeting simple and enforceable targets… government must lead the creation of new work in those communities.

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It’s a No-Brainer — Tax the Billionaires!

Monday, October 14th, 2019

TheTyee.ca – Opinion 9 Oct 2019.   Michal Rozworski , TheTyee.ca Michal Rozworski is an economist, writer and author (with Leigh Phillips) of The People’s Republic of Walmart. He is a research associate with the Canadian Centre for Policy Alternatives. A wealth tax wouldn’t just bring in revenue. It would curb the out-of-control political power of the […]

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To close the wage gap, focus on child care

Saturday, October 12th, 2019

Canada could add $150 billion to its economy over the next eight years if more women entered and advanced in the workplace. That’s exactly what research shows universal, affordable child care helps women do. Child care is the most effective way to close the wage gap, but it’s about more than that. It’s also about reducing poverty, increasing employment, helping families and growing the economy.

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Why is there no coherent energy plan being pitched in the election?

Thursday, October 10th, 2019

The country’s leaders should be developing a plan, in concert with their climate strategies, to address the sector’s challenges, while creating conditions for the industry to face the future from a position of strength. “Give them their pipeline and hope they’ll go away” doesn’t cut it. “Refuse them their pipeline and wait for them to die” is just irresponsible. You don’t let nearly one-tenth of your economy die of neglect.

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Should the federal deficit be more of a concern?

Wednesday, October 9th, 2019

Canada’s deficit-fuelled spending binge has helped to temporarily paper over the consequences of a further slowing of income growth, a chronic problem since the global financial crisis erupted in 2008. – vs – When businesses are hoarding cash instead of investing, there is a need for government financed investments funded from new borrowing.

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