Interest Rates
Bank operations set real interest rates.
Economics
Food
As price inflation stays above the previous 30 year average, concerns about general price increases continue to shift from one consumer good to another. Right now, people are focused on food prices as food is so obviously getting more expensive month to month.
Public Ownership Models in Canada
Canada, after 40 years of neoliberal policies privatizing most of our Crown corporations, we now think about services instead of production when it comes to public ownership. There are still many publicly owned production facilities in Canada and around the word. Energy, media, telecommunications, water/waste-water, and transport sectors have moved in and out of public ownership.
Inflation, the Phillips Curve, and wages
With high inflation continuing, mainstream right-wing economists and pundits seem very concerned with a mythical beast called the 'wage-price spiral'. These spirals are not real and are simply an attack on working people with the poorest bearing most of the brunt of the policies of wage control. Here we look at why this is and the correct response to it.
Federal Budget 2022
The Liberals are hoping that if they throw enough money at the private sector, an army of Elon Musks will emerge from the darkness armed with even more private capital to save humanity and the Canadian economy along with it.
Post-Secondary Education and 2022 Federal Budget
Students, who make up the future citizens, workers, and innovators of Canada, are barely mentioned in this budget except to partially extend pandemic-related economic support. Without further support for broad-based training and curiosity driven research, the innovation program will grind to a halt long before we solve the country's problems.
Canadian Supply Chains and Trade
The solution to most of our problems in Canada for expanding production using our resources is connecting firms across Canada. This means facilitating transport from where the resources are, but few workers are (because of the climate and distance from other things), to where production workers are, and then onto where the rest of the production can be finalized or exported. Deregulation does not do this, but an industrial strategy will.
Understanding inflation, ideology, and bargaining wages
There are many contradictory definitions, explanations, and policy responses to high inflation. Understanding the differences is important to develop the correct orientation to these pressures on workers' wage demands and the left's policy responses.
10 things for socialists to keep in mind on climate change policies
Some areas of debate exist even within progressive circles of how best to deal with climate change. Investing in and reorganizing current production processes to drastically reduce carbon emissions and build mitigation programs all takes time, energy, overlapping processes, and a heck of a lot of money. But, when we bring all this together, the programs announced are insufficient to get us where we need to be. Here are 10 areas we need to work on.
Fixing Long-term Care
The current long-term care model is designed to squeeze costs using a private delivery process. It is the state that sets the terms of spending and care delivery. The private system is being used to limit costs through obscuring the state's role in under-funding the service.