Blame free-market globalization, and the accompanying wage stagnation and declines in middle-class living standards
Even Donald Trump’s most ardent supporters admit that he's impulsive and about as presidential as a bull in a China shop. In normal times, Trump would never have been nominated by the Republican Party and would certainly not have been elected president of the United States. But these aren't normal times. Far from it. After…
We’ve allowed market forces to replace a host of political-economic goals and considerations, and we’re far worse for it
Pax Americana, the long-standing U.S.-inspired post-war world order, is unravelling like a cheap carpet. Apart from catastrophes like Venezuela, Britain's chaotic retreat from the European Union, or the threat from President Donald Trump to pull the United States out of the North Atlantic Treaty Organization, there’s the shocking rise of anti-western authoritarian regimes in Iran,…
The ties that bind aren’t what they used to be – at least for some of us. For others, they are increasingly intense
I’m old enough to remember when nationalism was viewed as a good thing. And I’m not just referring to my Irish childhood. In the Canada of 40 to 50 years ago, many high-profile progressives self-described as nationalists. People like former finance minister Walter Gordon, journalist Peter C. Newman and the luminaries gathered around the Committee…
Many thought his staunch nationalism would kill the economy and spark international conflict. They were wrong
“In less than two years, my administration has accomplished more than almost any administration in the history of our country,” U.S. President Donald Trump recently told the United Nations. His overstatement inspired some chuckles, to which he quipped, “So true. … Didn’t expect that reaction, but that’s okay,” he smiled as the laughter grew, overtaken…
The former Conservative prime minister has advice for us on Trump, economics, immigration and more
Stephen Harper is back. After flying under the radar for the last three years, Canada’s former prime minister has returned to the arena, albeit not as an active politician. Instead, he’s a commentator with several messages to impart, all of which are packaged in his new book Right Here Right Now. Not everyone is impressed.…An electronic empowerment has been unleashed by the information technology and communications revolution
By Constantine Passaris and Allen Bentley Contributors Troy Media The English language has traditionally embraced new words in response to the cultural evolution of civil society, in response to the production of new products and services, and to the articulation of innovative concepts in science and technology. However, English has, at times, been at a…
Globalization takes the blame for the world’s many economic and social failures. In fact, it's the mechanism that can improve life for everyone
Economic globalization faces a clear and present danger. The grumblings about the adverse consequences of globalization, the despair about not sharing in its economic benefits, and the disaffection with the global political and social tensions it has created are real. The cacophony of voices raised in anger against globalization have been getting louder every year.…
Despite its status as an economic superpower, it is the U.S., under Donald Trump, that is shaping the narrative on the abuses of globalization
Modern globalization is creating a large number of discontents. Numerous countries feel they’ve been shortchanged over the economic benefits of globalization and free trade. This growing list includes many developing countries and, surprisingly, a few developed countries. One of the leading countries discontented with globalization is the United States. Despite its iconic status as an…
By rejecting the Trans-Pacific Partnership, Trudeau is signalling that globalization has abandoned some key principles and must be fixed
Canadian Prime Minister Justin Trudeau shocked the pundits and most trade experts last week when he refused to sign the updated Trans-Pacific Partnership (TPP), an 11-nation free-trade deal. His decision to continue negotiating and push for a better deal for Canada had a lot to do with preserving the auto industry in Canada and protecting…
While it is easy to blame globalization for the job losses, the real culprits are increased automation and investment in software
Labour Day marks the unofficial end of summer. It’s back to routine and, once again, the workplace takes precedence. But what if there was no work? As automation and new technologies continue to reduce the labour force, economists and others are pondering this question. Since 2000, the United States has lost five million manufacturing jobs…