The Parallel Parliament

Glen Pearson

Posts tagged “populism

Sanders and Trump: The Jig is Up

Posted on February 19, 2016

IT’S TIME FOR ALL POLITICIANS TO LISTEN to Nick Hanauer, an American billionaire who actually came out last month to say, “When they (the financial industry) say that the better profits are, the better it will be for everybody, I’m the one who can say ‘That’s a lie. ‘ “ And a lie it is. Those pundits studying the tea leaves to ascertain Donald Trump’s or Bernie Sander’s appeal are looking in the wrong place. They simply have to walk through most neighbourhoods, or sit down in coffee shops throughout America, to figure it out. Here’s how Leonard Steinhorn from American University laid it out. the Great Recession “flatlined” the lives and aspirations of millions of Americans comparable jobs just didn’t come back following the…

The Ticking Time Bomb Sanders and Trump Both Share

Posted on February 17, 2016

WATCHING WHAT’S OCCURRING IN THE POLITICAL primaries south of the border is like nothing we have really experienced before. Those who thought just a few years ago that Sarah Palin was likely the most extreme establishment candidate to come along now stare agog at how Donald Trump has blown up the long-held “rites of passage” in American politics. It is likely few believed in this era that a serious political candidate running for president would run so afoul of facts that he could say what he wished and get away with it. Moreover, his willingness to entertain the idea of building a wall between Mexico and the U.S., or banning Muslims from the country, would have been thought of as political suicide only a…

Devouring Social Capital

Posted on March 5, 2015

WHEN CANADIAN MARK CARNEY LEFT his post as the head of the Bank of Canada to take on the prestigious role as the Bank of England’s governor, it was like he was jumping from the frying pan into the fire. That was almost 18 months ago and times have been turbulent for the world economy, including Britain’s. He was deemed a typical mild-mannered Canadian who would bring a sense of stability. So when he was asked to speak at England’s prestigious Guild Hall to the country’s elites no one was expecting anything out of the ordinary.. They should have been better prepared. He surprised everyone when he launched into his view of how capitalism itself is at risk. “Just as any revolution eats its…

Experience: The Lifeblood of Leadership

Posted on January 8, 2015

SHE DIDN’T START OUT WITH HER PRESENT position, but where she has ended up has placed her at the epicentre of the political/economic debate in America. In 1978, Congress had passed a law making it easier for individuals and companies to declare bankruptcy. It had upset Elizabeth Warren and so she, “set out to prove they were all a bunch of cheaters and that those declaring bankruptcy should be exposed, “because they were just taking advantage of the rest of us.” She was smart, shrewd, and had research assistants to prove her case. The problem was, she was wrong. The research revealed that the vast majority of those in bankruptcy courts were from hardworking middle-class families, or from small businesses, who had their life savings…

Do You Hear the People Sing?

Posted on May 15, 2014

FOR THOSE POLITICAL AND FINANCIAL LEADERS who don’t necessarily like hearing that the status quo is under deep suspicion by citizens, communities, and groups worldwide, here are a couple of other headaches for you. Your problems are growing. Universities have always been seedbeds of reform and activism, but many will be surprised to learn that on campuses across Europe, in Tel Aviv, and New York, students of economics have gained ground in raising their opposition to their peers and mentors who feel that their field is a science and that there is little can be done. Not so, says the International Student Initiative for Pluralism in Economics – a fancy name but with a gutsy mandate. We want to ultimately create a space in which…

  

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