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Election postpones Canada-EU trade offers; now is the time to debate the deal

April 6, 2011

Election postpones Canada-EU trade offers; now is the time to debate the deal, says Council of Canadians

Ottawa -- The Council of Canadians is encouraged the federal and provincial governments have postponed an exchange of offers with the European Union before a seventh round of Canada-EU free trade negotiations next week. The organization is asking the provinces to make any offers public prior to bargaining away public policy with the EU, in light of upcoming provincial elections and new revelations the trade deal is worth half what the Harper government is promising.


Not Rex: Stupopia

Photo: dontcallmeikke/Flickr
What would the world look like if the right-wing had its way?

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Richest one per cent's share of wealth at historic high

TORONTO - Canada's richest one per cent are taking more of the gains from economic growth than ever before in recorded history, says a new report by the Canadian Centre for Policy Alternatives (CCPA).

The Rise of Canada's Richest one per cent looks at income trends over the past 90 years and reveals the 246,000 privileged few who rank among the country's richest one per cent took almost a third (32 per cent) of all growth in incomes between 1997 and 2007.


Cancun: Cut through the nonsense for the sake of our planet

There seems to be something about the letter C and climate change.

Last year, it was Copenhagen. This week, it's Cancun. And in between it was Cochabamba. And it's not just the venues, but the outcomes. Copenhagen was all about political confrontation and the collapse of hope. This year we must wrest the conversation from the constrained voices of timid governments and change the terms of discussion. Doing so is vital to our very survival. Here is how that can be done.



Wikileaks and the decline of the American empire

The Wikileaks disclosure this week of confidential cables from United States embassies has been debated chiefly in terms either of the damage to Washington's reputation or of the questions it raises about national security and freedom of the press.

The headlines aside, most of the information so far revealed from the 250,000 documents is hardly earth-shattering, even if it often runs starkly counter to the official narrative of the U.S. as the benevolent global policeman, trying to maintain order amid an often unruly rabble of underlings.



Opportunity knocks for the next economics idol

So there's really no new model for how to run this economy, and nobody's even, I think, thinking about that question, much less an answer."

-Doug Henwood, of Left Business Observer, on The Real News Network

Climate change, capitalism and war produce disaster in Pakistan

Aug. 9, 2010: People wade through flooded streets in Charsadda, Pakistan. Photo: U.K. Department of International  Development/Flickr
The massive floods in Pakistan that affect 20 million people are far from a random 'natural disaster.' Rather, they are a predictable result of human negligence and strife.

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The Kalecki hypothesis

Writing in 1943 , the outstanding Polish economist Michael Kalecki affirmed that "even in a capitalist system, full employment may be secured by a government spending...." He wrote that "a solid majority of economists" shared this view.

His hypothesis was qualified by only two conditions. First, governments needed to have plans for full employment of "labour power." Second, governments had to be able to pay for needed imports of raw materials through exports. By this, he meant governments needed to have access to foreign currency. Securing domestic currency was no problem. Governments simply paid for employment programs by issuing government bonds.

Humberto: There are none to big too fry

Not Rex Murphy: This week Humberto files his report from the Business School at the University of Western Ontario.
Not Rex Murphy: This week Humberto files his report from the Business School at the University of Western Ontario.

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| January 26, 2015
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