- The Star points out what the Cons have destroyed - including public assets and program spending - in order to chip away at the federal deficit caused in the first place by their reckless tax slashing. And Thomas Walkom discusses how their latest "job" scheme does nothing but handing free money to businesses, while Angella MacEwen notes that Canada as a whole is hundreds of thousands of jobs short of reaching its pre-recession employment rate.
- Meanwhile, Bruce Cheadle writes that the Cons' attempt to build an economy solely around resource exploitation has proven to be an utter flop for everybody but their corporate backers.
- Joseph Stiglitz looks at new data on the U.S.' age of vulnerability and downward mobility. And Danielle Kurtzleben observes that people who recognize that risk have become increasingly willing to help others - while the detached rich are only becoming more selfish:
Even during the downturn and recovery, the poorest Americans upped their charitable giving. Meanwhile, the highest-income people gave less and less, the Chronicle of Philanthropy reported this week.- L. Hunter Lovins reminds us that we shouldn't confuse possessions with prosperity, while noting that a shift toward a sharing economy can drastically improve the latter while limiting how much effort we put into pursuing the former. And Ben Chu argues that a mansion tax makes for both a fair and efficient means of increasing public revenues.
The rich also give to charity differently than the poor: compared to lower-income Americans, the rich's charitable giving places a far lower emphasis on helping their disadvantaged peers. When the poor and rich are (figuratively and literally) moving farther apart, an empathy gap naturally opens up between the upper and lower classes — after all, if I can't see you, I'm less likely to help you.
Taken together, the trends paint a disturbing picture for the future of both the American economy and philanthropy: as the rich get richer and more removed from the daily lives of the poor, the bulk of charitable giving is also likely to become further removed from the needs of the poor.
- Finally, Jeremy Brecher, Joe Uehlein and Ron Blackwell argue that now is the time for the labour movement to unite behind a strong plan to fight climate change:
(C)riticizing the weaknesses in mainstream climate policy proposals is not a strategy for combating climate change. Labor needs to propose a climate protection strategy of its own—one that realistically protects the livelihood and well-being of working people and helps reverse America’s trend toward greater inequality while reducing greenhouse gas (GHG) emissions at the speed scientists say is necessary to reduce climate catastrophe. A strategy designed to provide full employment and rising living standards by putting millions of people to work on the transition to a climate-safe economy could transform the politics of climate by shattering the “jobs versus the environment” frame. And it could provide a common platform around which climate protection advocates at every level of the labor movement could rally.
There are three main approaches to GHG reduction. The first, which has dominated climate legislation and treaty negotiation, consists of “putting a price on carbon emissions” to discourage GHGs through taxation, fees, cap-and-trade systems with markets for emission quotas, or similar means. The second, which is widely discussed and frequently implemented on a small scale, consists of local, often community-based initiatives designed to produce renewable energy and reduce energy consumption on a decentralized basis. The third, perhaps less often delineated by proponents than excoriated by opponents, consists of a government-led approach based on economic planning, public investment, resource mobilization, and direct government intervention in economic decisions. Although rapid reduction of GHG emissions will undoubtedly require all three, labor should lead the breakout from neoliberalism and propose a government-led plan—drawing on the example of mobilization during World War II—to put our people to work converting to a climate-safe economy.