Posts Tagged ‘globalization’
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Imagining an alternative to growing global inequality
If the global growth in income inequality keeps on at its current pace, populist and nationalist trends around the world will flourish… 82 per cent of the wealth generated last year went to the richest 1 per cent of the global population. The poorest half of the world’s population — 3.7 billion people — saw no increase at all… the wealth of the billionaire class has risen by an annual average of 13 per cent since 2010, over six times faster than the wages of average workers.
Tags: economy, featured, globalization, ideology, participation, standard of living, tax
Posted in Equality Debates | No Comments »
Liberals hatch plan to stop Trumpism: fix income inequality
Canada’s foreign affairs minister, Chrystia Freeland… has penned an article about how Canada plans to battle global trends toward nationalism and protectionism. She calls it “progressive internationalism” and describes how Canada will be pursuing this idea in 2018 on two tracks: internationally, in the realms of human rights, immigration and freer trade; and domestically, with fairer taxation and improved labour standards here in Canada… Ontario Premier Kathleen Wynne is also in the midst of a large-scale effort to battle economic inequality
Tags: economy, globalization, ideology, immigration
Posted in Governance Policy Context | No Comments »
Pick a fight with me Mr. Joyce, not those working the Tim Hortons pickup window
Big businesses and major corporations continue to celebrate record profits, while many people in this province juggle multiple jobs and still can’t afford the basics. CEOs enjoy massive salary increases while their workers can’t pay their bills. That’s not right, and it’s not who we are as a society. It’s past time we put people ahead of profits.
Tags: economy, featured, globalization, ideology, jurisdiction, participation, poverty, standard of living
Posted in Debates | 2 Comments »
Disruption we can get behind
The main innovation of most self-declared disruptors is that they’ve found a way to take an even bigger share of the wealth from the workers who produce it than was possible before we all carried around the internet in our pockets. It’s not the disruptors who are the biggest problem, it’s the inequality—in incomes, in power and in access to scarce resources—which is worsening in Canada, to the benefit of a small number of established and disruptive elites alike.
Tags: economy, globalization, ideology, jurisdiction, participation, privatization, standard of living, tax
Posted in Debates | No Comments »
THE HIGH COST OF LOW CORPORATE TAXES
StatsCan numbers show that drastic cuts to the corporate income tax rate over the last 20 years have not stimulated new business investment… “In Canada, the evidence is that increasingly a larger fraction of income to corporations is related to excessive profits,” said Joseph Stiglitz, a Nobel Laureate and Professor at Columbia University. “Lower tax rates encourage firms to engage in more excessive profit seeking… income and wealth have boomed for a tiny fraction of the population, but this has not benefitted the rest of the population at all.
Tags: budget, economy, featured, globalization, ideology, standard of living, tax
Posted in Policy Context | No Comments »
Massive disruption is coming to the job market, and Ontario isn’t ready
Firms need to retool and rethink their entire human-capital strategy and approaches to their labour force. This includes upgrading performance-management approaches to provide appropriate incentives, better tracking of employee skills and job profiles that better reflect new requirements… Industry associations also need to support the effort, by helping to identify new skills, developing accreditations where appropriate and ensuring our key sectors are leveraging best practices globally.
Tags: economy, globalization, participation
Posted in Debates | No Comments »
Sensing a moment, Canadian scientists swing for the fences
Research advocates say a growing economy at home and political turmoil elsewhere has handed Canada a once-in-a-generation opportunity to get back on par with other developed countries in its science investments… Canada’s scientific enterprise needs a long-term infusion of stable funding to keep younger researchers in the profession and set the stage for the kinds of major breakthroughs that are decades in the making.
Tags: budget, globalization, jurisdiction, participation, standard of living
Posted in Education Debates | No Comments »
Now is the time for broad reform of Canada’s productivity-killing tax system
… the Canadian tax system is a creaking, productivity-killing wreck: hugely over-complicated, and riddled with unjustified deductions and exemptions that distort economic decisions and bleed the government of revenues… Better by far to raise output — the base on which taxes are applied… by a sustained increase in national productivity… Enter tax reform. While there are other things we can do to spur productivity (for example, opening protected sectors of the economy to greater competition), tax reform is essential.
Tags: budget, economy, globalization, ideology, tax
Posted in Debates | No Comments »
It’s time to take another look at our tax system
… Touted as among the best ways to create jobs, corporate tax cuts have by most accounts turned out to be no such thing… every dollar spent on infrastructure spending, income supports or housing investments is seven times more effective in creating jobs… for every dollar corporations pay to the Canadian government, individual taxpayers now pay $3.50 – a result not only of repeated cuts, but also of a slew of tax loopholes and international treaties introduced in recent decades that promote or at least facilitate corporate tax avoidance.
Tags: budget, economy, globalization, ideology, tax
Posted in Policy Context | No Comments »
Prescription drug costs should be fair – not cheap
… the federal government has introduced new regulations that, if implemented, will result in the biggest shake-up in prescription drug pricing in 30 years… [with] estimated savings of $12.7-billion over 10 years… countries are moving away from international price comparisons and embracing concepts like value-based pricing – where drugs are reimbursed based on how well they work. This requires active and transparent negotiation with industry, not just imposing new formulas.
Tags: budget, globalization, Health, jurisdiction, mental Health, pharmaceutical
Posted in Health Delivery System | No Comments »
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