Posts Tagged ‘privatization’

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Corporate balance sheets healthy as economy languishes

Tuesday, January 29th, 2013

Jan. 23, 2013
the C.D. Howe Institute has just issued an e-brief entitled Not Dead Yet: The Changing Role of Cash on Corporate Balance Sheets. The think-tank says its eight-page paper identifies the “real reasons” for the cash buildup in corporate coffers… Useful as this information is, it doesn’t address the problem Flaherty and Carney raised…

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How Did Economists Get It So Wrong?

Sunday, January 13th, 2013

September 2, 2009
… economists will have to learn to live with messiness. That is, they will have to acknowledge the importance of irrational and often unpredictable behavior, face up to the often idiosyncratic imperfections of markets and accept that an elegant economic “theory of everything” is a long way off. In practical terms, this will translate into more cautious policy advice — and a reduced willingness to dismantle economic safeguards in the faith that markets will solve all problems.

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The mean test: Have we stopped caring about Canada’s most vulnerable?

Thursday, January 3rd, 2013

Jan. 02, 2013
GDP tells us nothing about how the benefits of growth are shared or about the costs of growth to the environment, our community, even future economic prospects. It tells us nothing about those values that sit outside the market. International agencies and a number of countries are developing indices that take into account equality, sustainability, democracy and trust, as well as economic performance.

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Canada’s new politics of discord could carry a heavy price

Wednesday, January 2nd, 2013

Jan. 01, 2013
Canadian default values… haven’t really shifted to the right and the prime minister and his government really don’t represent the country’s defining political and ideological beliefs… As governments struggle to eliminate debt without unleashing political instability, or full-blown revolution, do their countries possess enough social cohesion for them to take truly tough choices or even rewrite the social contract?

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At least inequality is on the radar

Wednesday, January 2nd, 2013

Dec. 31, 2012
The effect of a downsized government and weakened union will be reduced wages, poorer health, lowered life expectancy, and undermined education; the main causes of social injustice and inequality… a fair distribution of wealth through a deliberate intervention will increase growth and productivity, through opening up opportunities to a wider population and fighting monopolies and special interests, which are pre-requisites in a hyper-competitive global economy.

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Why the 99 per cent still matter in Canadian politics

Monday, December 31st, 2012

December 30, 2012
Over the past 20 years, we have seen a dramatic shift away from the public toward the private. That has been reflected in a dramatic decline in fiscal capacity — our ability to pay for the things we consume and provide for the public good. There has also been a dramatic shift in the share of those costs borne by different social groups: Elite Canadians are paying less at the same time they are castigating our public programs.

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Public-private partnerships: good business but bad governance

Thursday, December 20th, 2012

Dec. 18, 2012
I can’t blame the private companies for making a buck and avoiding risk. If I was a shareholder, I would expect nothing less. The private sector has much to offer the government, and some things are best left to private companies. But our government needs to realize that the private sector exists to serve private interests. It will never place the public interest first, as a government must do.

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Cuts and short-term thinking pose threat to Canadian scientific research

Sunday, December 16th, 2012

Dec. 14, 2012
While the value of research is not in question, the role of government in research and innovation is. Debates on this topic have been sparked by cutbacks to research funding programs and multiple rounds of layoffs of government researchers this year, including most recently about 30 researchers at the NRC… Long-term research at NRC generates knowledge that may lead to game-changing technological advances in the future.

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What do clinic findings say about Ontario’s move to private health care?

Friday, December 7th, 2012

Dec. 7, 2012
A 2011 survey by the College of Physicians and Surgeons found that of the 104 private clinics it inspected, 48 were substandard (including three that failed outright). This year’s college survey of 251 private clinics found 73 to be substandard (including nine that failed outright)… Why not stick with non-profit public hospitals and clinics? We know they practice good medicine. And we already pay for them.

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Conservatives look to tackle social services with free market ingenuity

Wednesday, November 14th, 2012

Nov 13, 2012
Untapping that spirit of social entrepreneurship is becoming possible for the first time because the financial sector is waking up to the prospect of making money from its community social responsibility activities… Critics may harp that it’s “the commercialization of social values” but positive results on recidivism and homelessness would ease strains on the correctional and health-care systems.

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