Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week.

– Jim Hightower argues that there’s no reason the U.S. can’t develop an economic model which leads to shared prosperity – and the ideas are no less relevant in Canada:

Take On Wall Street is both the name and the feisty attitude of a nationwide campaign that a coalition of grassroots groups has launched to do just that: take on Wall Street. The coalition, spearheaded by the Communication Workers of America, points out there is nothing natural or sacred about today’s money-grabbing financial complex. Far from sacrosanct, the system of finance that now rules over us has been designed by and for Wall Street speculators, money managers and big bank flimflammers. So, big surprise, rather than serving our common good, the system is corrupt, routinely serving their uncommon greed at everyone else’s expense.

The coalition’s structural reforms include:
1. Getting the corrupting cash of corporations and the superrich out of politics with an overturning of Citizens United v. FEC and providing a public system for financing America’s elections.

2. Stopping “too big to fail” banks from subsidizing their high-risk speculative gambling with the deposits of  ordinary customers. Make them choose to be a consumer bank or a casino, but not both.

3. Institute a tiny “Robin Hood tax” on Wall Street speculators to discourage their computerized gaming of the system, while also generating hundreds of billions of tax dollars to invest in America’s real economy.

4. Restore low-cost, convenient “postal banking” in our post offices to serve millions of Americans who’re now at the mercy of predatory payday lenders and check-cashing chains.

– Juliette Garside reports on the EU’s efforts to get the U.S. to agree to basic reporting to rein in offshore tax evasion. And Heather Long points out Joseph Stiglitz’ criticisms of the Trans-Pacific Partnership as enriching corporations at the expense of citizens.

– Amy Maxmen notes that a non-profit system can develop new drugs far more affordably than the current corporate model – and without creating the expectation of windfall profits that currently underlies the pharmaceutical industry.

– Jordan Press offers a preview of a federal strategy for homeless veterans featuring rental subsidies and the building of targeted housing units – which leads only to the question of why the same plan wouldn’t be applied to address homelessness generally.

– Alan Shanoff comments on the many holes in Ontario’s employment standards (which are generally matched elsewhere as well).

– Finally, Dougald Lamont highlights the many ways in which the Fraser Institute’s anti-tax spin misleads the media about how citizens relate to Canadian governments.

[Edit: fixed wording.]

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Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading.

– Chris Hamby starts off what looks to be a must-read investigation on the effect of ISDS rules by discussing how they’re used to prevent governments from punishing corporate wrongdoing:

(A)n 18-month BuzzFeed News investigation, spanning three continents and involving more than 200 interviews and tens of thousands of documents, many of them previously confidential, has exposed an obscure but immensely consequential feature of these trade treaties, the secret operations of these tribunals, and the ways that business has co-opted them to bring sovereign nations to heel.

Reviewing publicly available information for about 300 claims filed during the past five years, BuzzFeed News found more than 35 cases in which the company or executive seeking protection in ISDS was accused of criminal activity, including money laundering, embezzlement, stock manipulation, bribery, war profiteering, and fraud.

Among them: a bank in Cyprus that the US government accused of financing terrorism and organized crime, an oil company executive accused of embezzling millions from the impoverished African nation of Burundi, and the Russian oligarch known as “the Kremlin’s banker.”

Some are at the center of notorious scandals, from the billionaire accused of orchestrating a massive Ponzi scheme in Mauritius to multiple telecommunications tycoons charged in the ever-widening “2G scam” in India, which made it into Time magazine’s top 10 abuses of power, alongside Watergate. The companies or executives involved in these cases either denied wrongdoing or did not respond to requests for comment.

Most of the 35-plus cases are still ongoing. But in at least eight of the cases, bringing an ISDS claim got results for the accused wrongdoers, including a multimillion-dollar award, a dropped criminal investigation, and dropped criminal charges. In another, the tribunal has directed the government to halt a criminal case while the arbitration is pending.

– And Dharna Noor interviews James Henry about the need for international cooperation – at both the government and public level – to crack down on tax evasion.

– Tyler Hamilton discusses the health effects of climate change. And Joseph Erbentraut examines how a changing climate is affecting both the quantity and quality of the water we depend on. 

– Kev responds to the spread of #goodriddanceharper by pointing out that as satisfying as it was to turf the Cons from office, we’re still facing most of the same anti-social policies with a more media-savvy face. And Doug Nesbitt reminds us that the Trudeau Libs are no friends of labour – with Canada Post’s appalling attacks on vulnerable workers serving as just the latest example.

– Finally, the Canadian Press reports on a much-needed push for resources to address mental health in Canada.

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Accidental Deliberations: Saturday Afternoon Links

Assorted content for your weekend reading.

– Erika Hayasaki surveys the developing body of research on how poverty and deprivation affect a child’s long-term brain development:

Early results show a troubling trend: Kids who grow up with higher levels of violence as a backdrop in their lives, based on MRI scans, have weaker real-time neural connections and interaction in parts of the brain involved in awareness, judgment, and ethical and emotional processing.

…Though it’s still largely based on correlations between brain patterns and particular environments, the research points to a disturbing conclusion: Poverty and the conditions that often accompany it—violence, excessive noise, chaos at home, pollution, malnutrition, abuse and parents without jobs—can affect the interactions, formation and pruning of connections in the young brain.

Two recent influential reports cracked open a public conversation on the matter. In one, researchers found that impoverished children had less gray matter—brain tissue that supports information processing and executive behavior—in their hippocampus (involved in memory), frontal lobe (involved in decision making, problem solving, impulse control, judgment, and social and emotional behavior) and temporal lobe (involved in language, visual and auditory processing and self-awareness). Working together, these brain areas are crucial for following instructions, paying attention and overall learning—some of the keys to academic success.

The second key study, published in Nature Neuroscience , also in 2015 , looked at 1,099 people between ages 3 and 20, and found that children with parents who had lower incomes had reduced brain surface areas in comparison to children from families bringing home $150,000 or more a year.

“We have [long] known about the social class differences in health and learning outcomes,” says Dr. Jack Shonkoff, director of the Center on the Developing Child at Harvard University. But neuroscience has now linked the environment, behavior and brain activity—and that could lead to a stunning overhaul of both educational and social policies, like rethinking Head Start–style programs that have traditionally emphasized early literacy. New approaches, he says, could focus on social and emotional development as well, since science now tells us that relationships and interactions with the environment sculpt the areas of the brain that control behavior (like the ability to concentrate), which also can affect academic achievement (like learning to read). 

– Adria Vasil discusses the worldwide trend of water being made available first (and for inexplicably low prices) to for-profit bottlers over citizens who need it. And Martin Regg Cohn examines how the story is playing out in Ontario in particular.

– Mike De Souza reports on how the National Energy Board, rather than acting as a neutral regulator, misled Denis Coderre to try to take free PR for both the NEB itself and fossil fuel development in general. And Carrie Tait points out how the Husky oil spill is raising questions about Saskatchewan’s fully captured regulatory system. 

– Ian MacLeod reports on a sudden and unexplained increase in CSE interception of private communications.

– Finally, Andray Domise discusses what Colten Boushie’s shooting and its aftermath say about the blight of racism in Canada.

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