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Columnists

For corporations, it's never enough: How corporatism threatens Canadian workers

Image: Jared Rodriguez / Truthout/flickr

A news story this week blandly described the perverse reality that is the current state of the Canadian economy. The headline read "Corporate profit margins at 27-year high and likely to stay there." Pretty heady stuff if you took it out of context. But the context is everything: pathetic growth projections, record high personal debt, stagnating wages, hundreds of billions in idle corporate cash, a multi-billion-dollar infrastructure deficit, a growing real estate bubble and a Bank of Canada chief who has no idea how to fix things. And, of course, a prime minister who thinks fixing things is heretical.

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