Have any of the free speech warriors spoken up about Alberta’s book banning?
Senior economist @canadianlabour.bsky.social supporting workers fighting for a fair, sustainable economy. Trans rights are human rights. No one earns a billion dollars. Views are my own. (he/him)
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Have any of the free speech warriors spoken up about Alberta’s book banning?
Carney’s policies are conservative, incremental and biased toward preserving a status quo that no longer exists. If Canada doesn’t course correct, we will drift toward vassalization and subjugation. What’s needed is a fundamental rethink of how Canada works, starting with the role of the state.
A Beautiful Mind is definitely my favourite movie about a game theorist.
Appointing someone responsible for the massive anti-Indigenous boondoggle & giveaway to Big Oil that is the TMEP to head your major projects office? Great way to signal that you plan to completely screw up every major project.
The only times every month in a quarter has contracted were during the Panic of 2008 and the commodity crash of 2015 (excluding pandemic-impacted Qs).
Canada’s GDP, adjusted for prices, fell every month in Q2. Carney didn’t create this situation. But he is doing jack shit to deal with it. His austerity plan will only make things worse.
More evidence for the “Elon Musk is a white supremacist” charge. There already is plenty. But we should continue to gather it because it’s a huge problem that the world’s richest man is a white supremacist.
Donald Trump is a billionaire. Life has not been unfair to him. It has been unfair to his victims.
PRETTY FUCKING SURE TULIPS ALSO MADE THE DUTCH ECONOMY GREAT UNTIL THEY DIDN’T, @nytimes.com Useless. Totally useless.
It’s a genocide. Netanyahu is a war criminal. Working with him, and supplying Israel, is supporting a genocide. Full stop.
Every military base in the USA has a government supermarket. They’re called commissaries. Soldiers love them.
Conversely, the diamond engagement ring tradition predated De Beers marketing. What the marketing did was make the most popular choice into the only choice.
I’m glad the dire state of the youth labour market is getting attention. But the problem is already months old. I wrote this back in March. canadiandimension.com/articles/vie...
Don’t stop excoriating AC CEO Michael Rousseau for his utter incompetence and ridiculous, unearned & undeserved 8 figure salary just because the strike is over. The man should resign in disgrace.
Don’t stop excoriating AC CEO Michael Rousseau for his utter incompetence and ridiculous, unearned & undeserved 8 figure salary just because the strike is over. The man should resign in disgrace.
Hold the line.
Back to work orders are also implicit acknowledgement of how important those workers are. You know who would never get ordered back to work? The AC executives.
Carney and Hadju have now called for an investigation into the lack of payment for work hours. But why would you order workers back to work if there was even a possibility they weren’t being paid?
Hadju claims she had no idea AC flight attendants didn’t get paid for all their hours of work. Is she lying or incompetent?
The liberal -> authoritarian pipeline has always been very short.
Carney’s instincts remain questionable on more than one front
The federal government has always used industrial policy while it pretended it did not or acted ashamed of it. This Factbook on the CDN economy offers a great starting point for a grownup conversation about the government’s essential economic role. www.policyalternatives.ca/news-researc...
Great thread 🚨
Air Canada wants to socialize the costs of contract negotiations while it privatizes its profits. Same as it ever was.
I can’t express how proud I am of the AC flight attendants, CUPE, and the CDN labour movement. Carney, Hadju, and the Liberal government should be ashamed and set things right by rescinding the back-to-work order.
If the Air Canada execs are admitting they aren’t competent enough to effectively govern the company, why the hell are they collecting seven and eight figure salaries?!?
88% of Canadians support Air Canada flight attendants, new poll confirms cupe.ca/88-canadians...
The West has stolen trillions upon trillions of African wealth. Western leaders that get self-righteous when the people try to follow are morons and supremacists.
Private equity is killing it. Truly remarkable set of facts in this story.
Israel has now killed more journalists in Gaza than were killed in both world wars, Vietnam, Afghanistan, and Yugoslavia, combined. This is the deadliest conflict for journalists ever recorded. Gaza is not just a war zone—it has become a graveyard for press freedom.
Billionaires are a burden.
Today’s LFS confirms just how terrible Canada’s job market is for young people, especially racialized youth. For Arab youth, the unemployment rate is 26.4%!
I know we're all distracted by AI and tariffs, but Trump is also a private equity presidency.
If someone’s explanation for power differentials is the innate superiority of the powerful, then they are malicious, bigoted, or ignorant. Likely all three. They can and should be ejected from public debate about making a more just society.
Those who bootlick the powerful have a vested interest in believing wealth signals virtue. They are weak willed and incapable of insight or critical thought. And they will defend their protective ideology with unmatched fervour. Mock and lament them. Do not fear them.
I’ll be in CTV New Channel at 2:15pm ET to talk about the BoC and interest rate policy.
Billionaires reward handsomely the creativity and hard work of accountants and lawyers that help them avoid taxes and other checks on their power. It is a socially destructive feedback loop.
The fed gov cuts to pay for military and wealthy tax cuts have rapidly expanded. My new analysis shows that most of the cuts will now be on transfers to other govs, non-profits and people. A stunning 1 in 5 dollars is just cuts to FN govs for basic social programs. @policyalternatives.ca 🧵👇👇
This looks like the home from Mad Men that Don and Megan lived in when they moved to LA.
That wasn’t markets from his fundamentalist perspective. That was manipulation. He knows there is a rule for regulation. But he wants it to be light touch because he thinks concentrated power is the exception rather than the rule.
Carney believes that markets know best and everything else is just messy epiphenomenon that we have to cut through.
Carney’s guide to governance will be an Econ 101 textbook.
High youth unemployment is a choice. The govrrnment is choosing to let this happen. www.cbc.ca/news/busines...
We need a 100% wealth tax on any uber-wealthy person who does not understand how LLMs work.
Think of all the jobs that will have to be created to clean up the many messes created by AI!
Failure to equitably manage water resources is an almost certain way to provoke social unrest.
AI companies are externalizing massive costs on to communities while privatizing the profits.
I highly recommend Capital Without Borders. Among other lessons, it demonstrates that the elite do not earn their wealth and status. The game is heavily rigged in their favour.
Creating a just, inclusive economy would do more for national security than buying a bunch of weapons.
the core idea that can radicalize people is so simple: there is enough. there is enough food to feed everyone. enough resources to house everyone. money and technology and medicine to stop the suffering of people around the globe. once you accept that there's only one question: why don't we?
Title of Kesha’s latest album a real eff you to all the seo experts, hey?
I’m sure the benevolent, all-knowing, efficient market will properly punish Tesla for this.
Important point. There is much in the calculations of specific market participants that is not known. But in the aggregate, there are some very predictable regularities.
I love crash course threads like this. This is why we can’t write-off social media entirely.
FFS- I practice anesthesia in Northern Ontario; a good HALF of my patients are ASA 3; most of the orthopedic people have a lot of comorbidities and we cannot even send the sickest people to our referral centre b/c of over capacity issues all of the time! private clinics cherry pick and bill 5-10x
Damn, it looks just like the photos of the disappeared that were put up by relatives in the South American dictatorships
People really want you to care that you haven’t pleased them with a post. Haven’t I? Well, good, actually. Now, off you may fuck.
Has CGI gotten worse?
Notice how the people who actually work to end homelessness are never the ones complaining about help for migrants? Yeah. Ask yourself why that is.
A universal approach to justice must protect the most vulnerable, the most marginalized, the most oppressed. That is the way to ensure that everyone is protected.
No one is illegal.
There are prominent people who tried to convince us it is bad to be anti-fascist. You know what those people are? Fascists.
Market distribution is a function of power not productivity. Taxes like the DST are one means to deal with concentrated power and its destructive consequences.
Scratch a “pull yourself up by your bootstraps” blowhard and a rich kid bleeds.
Carney never would have liked the DST. It doesn’t fit with his neoliberal ideology. He probably welcomed the chance to kibosh it.
We act like labour is abundant and capital is scarce. The opposite is true.
Big Tech’s rent-seeking has siphoned billions from the CDN economy. It has to stop.
Pulling the goalie?
Big Tech keeps screaming at us that it is a massive threat to Canada’s economic well-being. When will we listen and do something about it?
Canada runs a trade services deficit with the US. Let’s apply Trump’s logic and impose a 10% tariff on digital and all other services.
As a socialist, I could spend the rest of my life listing the ways I hate Bezos. I wish he'd get shot into space forever. But as a Petty Crocker fashion lover, I am taking such glee in watching experts in art, design, style, etc. absolutely eviscerate him & his wife for their terrible, tacky taste.
Capitulating to Trump and Big Tech on the digital services tax is shameful.
What are the supposed negative consequences of a billionaire leaving your country? They don’t take the productive assets that they own with them.
We’re firmly and undeniably at the socialism or barbarism phase.
What is Bezos’ “fair share”? He didn’t “earn” his hundreds of billions through hard work and ingenuity. But we let him use those billions to buy media outlets and political favours. Bezos’ fortune is a threat to democracy.
Capital is a mechanism for the ownership of productive assets. It is not actually productive.
Islamophobes are hiding behind charges of antisemitism. It is disgraceful and they should be ashamed.
Public institutions need to be allowed to experiment. Trying things is an essential aspect of innovation even when they fail.
Lyon, France’s third-largest city, is the latest European government to announce it’s ditching Microsoft’s Office suite in favor of open source alternatives.
Stephen Miller is a somehow ambulatory pile of actual feces. That’s why he looks like that. Fascism ages you like unpasteurized milk.
The battle is between those who want to democratize the economy and those who want political rule by the oligarchs.
I expected to be disappointed by Carney. I did not expect to be this disappointed this quickly.
Socialism is what they called public power. Socialism is what they called social security. Socialism is what they called the growth of free and independent labor organizations. Socialism is their name for almost anything that helps all the people. —Harry Truman, 1952
Just like big money. Everywhere. "Organized money versus organized people" ~ Mamdani Choose your lane. Everywhere.
Danielle Smith is looking for handouts because there is no commercial case for a pipeline. www.cbc.ca/news/canada/...
A better world is possible. We do not have to accept a country where people die due to a lack of healthcare or go to bed hungry. We also don’t have to accept that our country is funding a genocide.
Mark Carney was asked whether the US strikes on Iran were a violation of international law. In response, he ignored the substance of the question and listed off a bunch of grievances the West has with Iran. It’s a shameful and cowardly response from someone who claims to defend international law.
We could do housing Keynesianism or transit Keynesianism instead of military Keynesianism.
"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed." -Dwight D. Eisenhower, 1953
Claiming the country being bombed is the threat to stability is deranged.
Proud to be the first signatory of this letter of economists in support of @zohrankmamdani.bsky.social. Mamdani stands for making essentials affordable for all. A mission relevant way beyond NYC and a real alternative to end-times fascism.
My only working explanatory hypothesis right now is that billionaires and authoritarians *Literally* thrive on human misery; that if people aren't suffering then all their money and power don't actually sustain them, and that cruelty & sheer horror are the only things that flow through their veins.
The only evidence you need against white supremacy is Charlie Kirk’s inbred ass face.
Don’t defend shitty men in the basis of the “good” they’ve done. That bullshit has run cover for all kinds of harm.
As house prices are rising people jump in to buy, worried prices will climb more. On the way down, sellers decide to hold longer hoping prices will rise again.
I haven’t been wanting to admit it to myself. But you’re right. It’s almost unbelievable that we were told at one point to be careful because things online would live forever.
How many men have “jokingly” mansplained mansplaining to Rebecca Solnit? Not zero, I’ll bet.
There’s a plugin for the Wayback Machine that lets you archive pages.
DHL can, pardon my language, get fucked.
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