
The Rich Want You to Fear Tax Fairness
Canada raised its capital gains tax inclusion rate, sparking outrage from the investing class, who warned of economic disaster. The data shows that their histrionics were groundless.
David Moscrop is a writer and political commentator. He hosts the podcast Open to Debate and is the author of Too Dumb For Democracy? Why We Make Bad Political Decisions and How We Can Make Better Ones.
Canada raised its capital gains tax inclusion rate, sparking outrage from the investing class, who warned of economic disaster. The data shows that their histrionics were groundless.
Economic power is political power. We spoke with Peter Phillips, author of Titans of Capital, about how the capitalist class is subverting democracy and controlling the lives of billions through massive investments in everything from food to war.
Conservative leader Pierre Poilievre’s farcical labeling of Justin Trudeau as a communist echoes hysterical historical precedents. The rhetoric underscores a cynical misunderstanding of both Trudeau’s policies and communism.
Greece’s forced six-day workweek exploits workers and will leave the economy worse off in the long run. The policy, driven by economic pressures and an aging population, serves as a cautionary tale for global labor.
There is no excuse for a wealthy society like ours to have any problem providing enough housing for everyone. The housing crisis is an intolerable and glaring policy failure, and we are approaching a critical mass of collective exasperation.
Amazon Prime Day, which took place earlier this week, offers a flurry of deals for savvy consumers. But the two weeks leading up to the event and Prime Day itself result in double the industry average of recorded injuries.
That unbelievably expensive grocery bill? Turns out there’s a simple explanation: a new report in Canada finds that corporate profits have doubled since before the outbreak of the pandemic.
There is increasing evidence that smartphones and social media use have a destructive impact on the mental health of young people. Big Tech may not like it, but more and more schools around the world are instituting bans on phones in the classroom.
Faced with sky-high turnover, notoriously anti-union IKEA has reluctantly decided to pay workers more and offer them childcare in a tight labor market. To rebalance power between management and labor in the long term, workers need a union.
The video game industry exploits its workers and abuses its market dominance, ruining the quality of games while investors rake in fortunes. Worth more than the film and music industries combined, this behemoth is a beast that needs taming.
Private equity and monopoly capitalists will destroy anything to make a buck, and they’ve turned their sights on TV and film. If you hated cable’s high prices, endless ads, and copycat programming, you’re going to loathe the future of streaming.
Red Lobster’s bankruptcy isn’t a story about the recklessness of having endless shrimp on offer — it’s a story of how private equity firms bled a restaurant chain dry, leaving workers and diners adrift.
Infamous for its starvation wages, Walmart just posted staggering first-quarter profits. The surge is a result of its strategic shift toward catering to affluent shoppers while its full-time workers continue to rely on Medicaid and food stamps.
Recent crackdowns on free assembly are a reminder that the state will always finish first in deplatforming contests. Parts of Canada’s Online Harms Bill may be a massive overreach that chills speech at the worst time possible.
Canada boasts one of the world’s highest assisted-death rates, supposedly enabling the terminally ill to die with dignity. However, this suicide program increasingly resembles a dystopian replacement for care services, exchanging social welfare for euthanasia.
Worker-owned firms have less wage inequality, greater job security, higher job satisfaction, stronger community ties, and greater resilience during economic downturns. The model needs to spread.
Right-wing populism’s disdain for the opinions of experts can be mistaken for the Left’s scorn for technocracy. But democratic principles and mass politics are the real antidote to the appropriation of power by experts.
Sellers have always had access to more information than buyers, and “dynamic pricing,” which harnesses the power of algorithms and big data, is supercharging this asymmetry.
It turns out that the “Internet of Things” is full of automated snoops and spies. Data collection, now integrated into new car designs, is more pervasive than ever and is ushering in a brave new world of surveillance and corporate collusion.
Apple’s battle with Epic is a reminder that today’s tech companies behave like 19th-century monopolists. Installing democratic control over these modern throwbacks to Gilded Age robber barons is the only way to curb their power.