Strat Plan Part 4: Economic Vitality

What, you may ask, is meant by the term “Economic Vitality” – the third objective in our town’s strategic-plan-in-the-works? Apparently it’s one of those motherhood statements people make on soapboxes and campaign platforms that have little grist in them to mill into actuality. Sure, we all want a town that has a lively, thriving economy. but how do we achieve it? No one has … (more)

How Marx Presaged Today’s Canada

“The bourgeoisie has through its exploitation of the world market given a cosmopolitan character to production and consumption in every country,” wrote Karl Marx and Fredrich Engels, in 1848, in the Communist Manifesto. I came across this paragraph in Prof. David Harvey‘s book, A Companion to Marx’s Capital, recently and the quote from the Communist Manifesto struck me as very modern; one that presaged … (more)

Was Marx right after all?

[youtube=”http://www.youtube.com/watch?v=qOP2V_np2c0″] While Marx didn’t say exactly that the “rich get richer and the poor get poorer,” he did state that under capitalism, poverty would inevitably increase while more and more wealth would concentrate in fewer hands. Increasing profits and increasing wages, he claimed, were contradictory. Adam Smith – the “father” of capitalism – said much of the same thing, by the way. They were … (more)

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