The Progressive Economics Forum: Ease up on shareholder payouts, pay your workers more instead

With Alberta and Ontario raising their minimum wage to $15 per hour, and BC possibly following suit soon, the usual suspects have begun their predictable howling about how this is a bad time, or it’s happening too fast, or how it will simply hurt those we are trying to help. It is true that increasing ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – Bill Kerry discusses the role of inequality in causing a global financial meltdown Leaving aside the greed and stupidity of so many of the world’s financial institutions and, particularly, their leaders, it is easy to see why poor Americans jumped at what they saw as their chance of ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – David Leonhardt looks at the glaring growth of inequality in the U.S., while Matt Bruening charts how that trend is based entirely on capital ownership. And in the face of the Republicans’ plan for another round of giveaways to the rich, the New York Times’ editorial board ...

Accidental Deliberations: Monday Morning Links

Assorted content to start your week. – Paul Buchheit discusses the U.S.’ combination of increasing inequality, systematic tax evasion and false promises of social mobility. Michael Savage reports that even UK Cons are recognizing that a refusal to ensure that the rich pay their fair share makes for bad politics. And Steven Klees highlights how ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – The Center for Economic Performance finds (PDF) that increased inequality and concentration among firms in an industry exacerbates disparities in wealth while putting downward pressure on wages. And Frank Partnoy warns that we may be headed for another financial crisis as loan obligations are again being repackaged ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – David Sirota interviews Thomas Frank about the U.S. Democrats’ obsession with educational achievement as a cure-all – and their consequent loss of touch with the large numbers of citizens suffering from economic policies which left them behind: Sirota: What do you think that the Democrats didn’t do ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – Meagan Gilmore examines how an increased minimum wage is good for business. – Hannah Aldridge offers some suggestions to keep a poverty reduction strategy on target. And Make Poverty History notes that Brian Pallister is offering a textbook example of how not to do it by ignoring his ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – David MacDonald studies the federal government’s loopholes and giveaways targeted toward those who already have the most – noting that there would be plenty of revenue to fund the programs we’re told are unaffordable if that preferential treatment was ended. And Felicity Lawrence highlights how multinational corporations are ...

Accidental Deliberations: New column day

Here, examining how Steve Keen’s warning about the UK’s excessive financialization and consumer debt applies even more strongly in Canada. For further reading…– Keen makes reference to the BIS’ international data as to the ratio of private debt to GDP: – Again, Erica Alini reported on Ipsos’ latest number as to the dire fiscal straits ...

Michal Rozworski: Neoliberalism restructures work and pensions

On today’s show, two sociologists talk about aspects of neoliberal restructuring. First, Nicole Aschoff, sociologist, author of The New Prophets of Capital and until very recently managing editor of Jacobin magazine speaks with me about the auto industry, Trump and why globalization shouldn’t be solely blamed for the destruction of good jobs even while it ...

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading. – Bill McKibben highlights Justin Trudeau’s disingenuousness in pretending to care about climate change while insisting on exploiting enough fossil fuels to irreparably damage our planet. – Juliet Eilperin examines how Donald Trump is letting industry lobbyists trash any protections for U.S. workers. And Dave Jamieson reminds us ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Erica Johnson reports that the problem of bank employees being pushed to fleece customers (legality be damned) is common to all of Canada’s major banks. And Lisa Wright reports that the result will be a national investigation. But it’s appalling that it took anonymous reports to the ...

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading. – Owen Jones writes that we should give credit for the failure of the Trans-Pacific Partnership to the popular opposition which will be need to push back against Donald Trump, rather than pretending it represents a win for Trump himself: That Trump has any ownership over TPP is ...

Accidental Deliberations: Sunday Afternoon Links

This and that for your Sunday reading. – Bessma Momani writes that Donald Trump’s plan to leave the U.S. at the mercy of unregulated financial markets figures to cause another crisis comparable to – or worse than – that of 2008: Nearly 10 years ago, the U.S. financial industry was exposed as a glorified Ponzi ...

Accidental Deliberations: Tuesday Afternoon Links

This and that for your Tuesday reading. – David Brin examines the crucial role the public sector plays in driving economic development – as well as the disturbingly large movement seeking to end any further progress – Anna Gorman reports on California’s ambitious plans to improve the health and social welfare of its most vulnerable ...

Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – David MacDonald examines how Canada’s tax expenditures systematically favour higher-income individuals over the people who actually have a reasonable claim to public support: This study finds that Canada’s personal income tax expenditures disproportionately benefit the rich and cost the federal treasury nearly as much as it collects in ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Owen Jones argues that UK Labour needs to make far more effort to connect with working-class citizens in order to hold off the populist right, while Jamelle Bouie examines Jesse Jackson’s presidential campaigns as a worthwhile model for uniting groups of disaffected voters. And Wolfgang Munchau comments ...

Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – Michael Harris argues that it’s long past time for the Trudeau Libs to start living up to their oft-repeated promise of real change – rather than merely slapping a friendlier face on the same old regressive Con policies. – Tom Parkin notes that Canada’s working class has been ...

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 ...

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 ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Michael Wasser comments on the importance of unions – and the need to ensure that corporate-dominated politics don’t stand in the way of worker organization. And Ben Sichel rightly argues that Ontario’s widespread violations of employment standards demonstrate the need for unions to protect workers’ rights even ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Robert Frank comments on the connection between recognizing the luck and social support which lead to one’s own success, and being willing to fund a state which will ensure opportunities for everybody: I’ve seen even brief discussions of the link between success and luck temper the outrage ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Alison Griswold points out how little systemic information we have about the growing gig economy. And both Scott Santens and Richard Reeves make the case for a basic income to provide financial security where an increasingly precarious labour market won’t. – Meanwhile, Branko Milanovic argues that we ...

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading. – Elaine Power discusses how a basic income can build both individual security and social solidarity: We work for lots of different reasons, not just money. And most of us do work that is never paid. To start, we need to change our ideas about work, not just ...

Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – Paul Krugman writes that we’re far closer to a major energy transformation than many people realize – but that public policy decisions in the next few years may make all the difference in determining whether it materializes: According to a recent report by the investment firm Lazard, the ...