The Parallel Parliament

Glen Pearson

Posts tagged “wealth

Inequality in the Fast Lane

Posted on December 14, 2017

In the midst of all the election hubbub following the stunning Democratic Senate win in Alabama, one Republican congressman used the occasion to call on the Republican Party to dump Steve Bannon, one of the early architects of Trump’s presidency. Congressman Peter King is worried over where his own party is headed in recent weeks and although his speaking out against Bannon raised a lot of eyebrows, it was something he said only a couple of weeks earlier that carries much more significance. While the Republican tax cut plan was heralded by some in Washington, King was flummoxed by the nonsensical hurry to get it passed when it was, in fact, the deepest cut in corporate taxes seen in decades. “You’re rewriting a tax…

Can Canada Afford Its Dreams? Follow the Money

Posted on March 22, 2016

IT’S BUDGET DAY, AND ONGOING POLLING SPEAKS to significant amounts of support for the new Trudeau government. The new PM himself has hinted that he is prepared to help lead a reinvigorated progressive movement internationally. It’s still early days, but it’s difficult to deny that the initial impressions of Justin Trudeau internationally have been favourable. To be one of the leaders of global progress, however, Trudeau has to show that his ideas work at home, and on this particular budget day that will be a tall order. We’ll hear the usual spin from politicians, economists, media pundits, and interest groups on the budget’s effects. People will debate the size of the proposed deficit, the effectiveness of investment in infrastructure, and how Canada has to…

Middle-Out

Posted on February 25, 2016

“AMERICA’S PREMIER SELF-LOATHING PLUTOCRAT“ – no kidding, that’s what they call Nick Hanauer. He’s been in these blog posts before, where we spoke of his criticizing his peers for robbing the wealth of the United States instead of investing in productivity. He’s now at it again, only this time championing a $15 minimum wage south of the border. Again, his peers and the corporate elite are irate with his position, and small business owners aren’t wild about it either, but his rationale, and the way he publicizes it, is carrying some momentum. In fact, the way he sees it, it’s not the labour leader or minimum wage employee who’s the best face of the effort, but his own. His rationale? “A guy like me…

Election 2015: Will That Be Cost or Value?

Posted on September 18, 2015

IT BECAME ONE OF THE MOST TALKED ABOUT experiments in modern psychology. Around 1970, Stanford researcher Walter Mischel decided to sit a series of four-year-olds in a room and put a marshmallow on a table in front of them. He told them that they could eat the marshmallow right away, but that if they waited until he returned he would give them two marshmallows. Videos shot of the children during that time revealed a lot of squirming and kicking, even kids banging their head on the table. Mischel then followed them through subsequent years and learned some fascinating trends. Those kids that waited until he returned did much better at school and had fewer behavioural problems. Thirteen years later, those kids that waited for…

Broken Trust. Broken Future.

Posted on July 21, 2015

THE CITY OF LONDON, ONTARIO, and its inside unionized workers announced over the weekend that they had reached a tentative agreement, subject to the full approval of both groups. Predictably, opinion was deeply split on both sides throughout the community. The loss of trust across many fronts has made this recent labour conflict perhaps a harbinger of difficult days ahead, as more contracts come up for renewal and disillusionment festers. It’s become a kind of open season on public employees across North America. The rationale, most often produced through extreme ideological politics, is that it’s difficult to justify public sector salaries when money is scarce and job security fragile. Behind it all is the belief that only the private sector can create jobs and that…

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