Accidental Deliberations: New column day

Here, on how Canada is falling further behind the rest of the world on ensuring corporate transparency and recovering income stashed offshore. For further reading…– Transparency International’s most recent report on beneficial ownership is here.– Zach Dubinsky reported on both the UK’s move toward transparency in its offshore territories, and Canada’s complete lack of progress ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Amir Sufi and Atif Mian discuss how household debt tends to drive both the booms and busts of the business cycle. Which means there’s plenty of reason for concern about a Canadian economy reliant on household debt to paper over income insecurity and inequality – and Michal Rozworski ...

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading. – Lucas Chancel points out the myths underlying any claim that corporate globalization does anything but voluntarily exacerbate inequality: It is often said that rising inequality is inevitable — that it is a natural consequence of trade openness and digitalization that governments are powerless to counter. But the numbers ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Anna Coote discusses some of the potential problems with a universal basic income on its own – particularly to the extent it takes momentum away from the prospect of universal basic services. – Scott Sinclair examines how little has changed – and how many substantial dangers haven’t – ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Ed Finn reminds us that Canada has ample resources to bring about positive social change – just as long as we start taxing the wealthy fairly, including by collecting taxes owed on money currently being stashed offshore. – Pierre Fortin reviews the effects of Quebec’s universal affordable child ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Victor Cyr discusses the problems with a public policy focus on capitalism without any concern for human well-being. And Ann Pettifor highlights the concentrated wealth and power arising out of corporate monopolies, while noting that political decisions are behind those realities. – Alan Freeman points out that ...

The Canadian Progressive: Canada’s financial system one of the most secretive in the world: Report

The Tax Justice Network’s 2018 Financial Secrecy Index says Canada’s financial system is less transparent than that of notorious tax havens and countries often portrayed as corrupt by the mainstream media, such as China, Russia and Kenya. That makes Canada one of the key facilitators of illicit financial flaws, global financial crimes. and increasing global ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Nathan Akehurst writes that the Carillion collapse was just the tip of the iceberg in the corporatization and destruction of the UK’s public services. And Neil Macdonald points out that the Trudeau Libs are pitching privatized infrastructure as easy money for investors – and that they can ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Thomas Walkom discusses Canada’s likely NAFTA decision between an even worse deal than exists now, and no deal at all – though it’s worth recognizing that the latter choice shouldn’t be seen as a problem. And Alex Panetta points out the Libs’ total lack of transparency as to ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Jerry Dias writes that a new year has already seen far too many examples of corporate greed rampaging out of control. Elizabeth Bruenig highlights the contrasting treatment of poor people who face increasingly stringent requirements to access even meager benefits, and the wealthy who are being handed ...

Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – Bloomberg View discusses how the U.S. is becoming a major tax haven. And the Economist reminds us of the role Canada’s pitiful corporate disclosure requirements play in facilitating offshore tax evasion. – Danny Vinik writes about the future of work – which includes plenty more “alternative” work arrangements ...

Accidental Deliberations: Saturday Evening Links

Assorted content for your weekend reading. – Brian Bethune interviews Joseph Stiglitz about his longstanding recognition that an international economic system biased toward capital could lay the groundwork for Trump-style demagoguery. – Kristin Annable reports on the Manitoba PCs’ steps toward for-profit health care as an alternative to properly funding and managing the public system. ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Rupert Neate reports on the latest numbers showing the world’s 500 richest people adding a full trillion dollars to their wealth in 2017. And Will Fitzgibbon and Dean Starkman highlight how offshore tax avoidance schemes are sucking prosperity out of the rest of the world. – Noah ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Jessica Corbett charts the U.S.’ unacceptable (and worsening) inequality. Robert Reich discusses how the Republicans’ tax scam represents a triumph for oligarchy. And Ben Steverman notes that the bill passed this month is ripe for abuse – and already being exploited to the fullest by the U.S.’ ...

Accidental Deliberations: Friday Afternoon Links

Assorted content to end your week. – Marco Chown Oved, Toby Heaps and Michael Yow discuss the long-term transition away from meaningful corporate tax contributions to Canada’s public purse: For every dollar corporations pay to the Canadian government in income tax, people pay $3.50. The proportion of the public budget funded by personal income taxes ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – PressProgress points out Statistics Canada’s latest numbers on Canada’s extreme wealth disparity – with 60% of the population owning only 10% of the wealth while a lucky few amass gigantic fortunes.  – Jordan Brennan discusses how a lack of labour conflict has led to low levels of both ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Robert Reich reminds us that sustainable economic growth is the product of bottom-up development, not a top-down trickle of wealth: What’s the real formula for growth? Better access to education, healthcare, and transportation, all of which make workers more productive. These more productive workers command higher wages. ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Matt Bruenig proposes a social wealth fund as a fix for the U.S.’ burgeoning inequality and income insecurity: We seem stuck in the same policy equilibrium we have been in for decades, with conservatives denying that there is a problem and pushing policies that would make it ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Doug Henwood interviews Brooke Harrington about the role of offshoring in hiding and concentrating wealth: (W)hat does it say about the state of capitalism that these immense fortunes are sequestered; not so much engaged with expansion of the system but are being kept from the prying eyes of ...

Accidental Deliberations: Friday Afternoon Links

Assorted content to end your week. – Linda McQuaig discusses how Justin Trudeau, Bill Morneau and the federal Libs are focused mostly on further privileging the rich: There’s lots of lamenting about the way the rich keep getting richer while ordinary folk struggle to keep their heads above water. Along with the lamenting, there’s usually ...

Accidental Deliberations: Saturday Afternoon Links

Assorted content for your weekend reading. – Peter Goodman examines how a basic income could relieve against some of the most harmful effects of capitalist economics. And Sarah O’Connor discusses the plight of towns which have been left behind by economic change. – Meanwhile, Matt Bruenig offers a reminder that most extreme high incomes are ...

Accidental Deliberations: Friday Morning Links

Miscellaneous material to end your week. – Laurie MacFarlane points out how increases in land values have resulted in massive and unearned disparities in wealth. – Kevin Page, Claudette Bradshaw, Geoff Nelson and Tim Aubrey write that a national housing strategy needs to focus on the availability of both affordable housing, and social supports to ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Dani Rodrik writes that politicians looking to provide an alternative to toxic populism will need to offer some other challenge to a system biased in favour of the wealthy and powerful: (P)oliticians who want to steal the demagogues’ thunder have to tread a very narrow path. If fashioning ...

Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – Steve Burgess points out that we shouldn’t be the least bit surprise by the latest news of politically-connected billionaires managing to tilt the tax system in their favour. Ed Broadbent calls for a much-needed end to tax policy that favours the wealthy in efforts to avoid contributing to ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Gabriel Zucman discusses how the wealthy currently avoid paying their fair share of taxes – and how to stop them by properly attributing income and ensuring registers of wealth. And Micah White is optimistic that the public response to the Paradise Papers may be to develop lasting ...