Capitalism

Have a Holly, Jolly and Budget-Friendly Holiday

Hana Shafi | Posted 12.11.2014 | Canada Business
Hana Shafi

The Christmas fervour of shopping malls and Dundas Square is partly a good thing. It creates a sense of community and happiness. And it's a way to brighten up the cold, overcast dullness of winter. But people really do need to control their spending and remember that they are not the Great Gatsby.

Entrepreneurs Have A Vital Role In Food Security

Ryan Spong | Posted 11.18.2014 | Canada British Columbia
Ryan Spong

In these heady days of waste reduction and sustainable food production, food recovery tackles our most bourgeois societal needs for perfect looking produce. For decades, North Americans have been turning their noses up at apple wormholes and rusty romaine lettuce, and produce retailers have caught on.

Why Capitalism Won't Leave the West

John McKay | Posted 10.28.2014 | Canada Politics
John McKay

Some might describe it as the genius of capitalism; the ability to adapt on the fly according to the circumstances. Hence the drive to technological fixes in alternative energy generation, storage, and distribution. While the existential threat to the species is a clear and present danger, capitalism's ability to adjust is subject only to the limitations of the human mind.

This Is Why Today's Youth Is Apathetic

David Martin | Posted 10.19.2014 | Canada
David Martin

If the top dog in the world of finance couldn't figure it out, how is today's 19-year-old supposed to identify what's wrong and go after those at fault? The current situation doesn't lend itself to short, snappy slogans. Instead, he'd have to have a giant sign to carry in a protest march that read something like: "Down with modern financial capitalism or at least have it regulated by a body with some effective oversight and the ability to regulate and curtail new, harmful species of financial investment vehicles.

Mending the Capitalist Model

Diane Francis | Posted 09.11.2014 | Canada Business
Diane Francis

The reality is that capitalism and globalization have given Western consumers cheap goods and helped emerging economies grow, but that's usually done through the exploitation of workers and the environment. But Oliver Niedermaier has come up with a "capitalist solution for a capitalist failure."

Protect Ya Neck: The Real Price Of Crowdfunding

Mike Sholars | Posted 06.09.2014 | Canada Business
Mike Sholars

2014-02-12-its_all_geek_to_me.png I love crowdfunding, because it's like watching money have a wrestling match with ideas. It's capitalism in microcosm. It's important to not lose sight of the lesson here: Crowdfunding websites are not responsible for anything that happens once you've contributed. You are leaving your money on the table, walking away, and hoping for the best.

CVS Dropping Cigarettes From Its Stores is Shrewd Business Move

Toula Drimonis | Posted 04.09.2014 | Canada
Toula Drimonis

There's vast potential for an additional revenue stream that can more than offset the losses of choosing not to sell cigarettes in their pharmacies. CVS's move is not only socially conscious; it's also a shrewd business move. And smart, educated, and astute consumers don't begrudge a company posting a profit, if their demands have been met and their concerns addressed.

Pope Francis is Wrong About Capitalism

Mark Milke | Posted 03.08.2014 | Canada Politics
Mark Milke

Any time of year is a good time to discuss poverty but the subject has obvious resonance at Christmas. Thus, unsurprisingly, Pope Francis recently wrote about the necessity of compassion for those on the margins. However, the Pope's letter also took capitalism in general to task -- troubling because the relationship between wealth creation and the alleviation of (some) poverty is often misunderstood. The Pontiff's critique will not necessarily correct this confusion. The Pope's letter is a broad-brush critique but thoughtful readers should pause, ponder and then object.

If We Can't Say 'Merry Christmas' in Canada, Multiculturalism Failed

Christopher Stuart Taylor | Posted 02.22.2014 | Canada Living
Christopher Stuart Taylor

I wonder: since when did "Merry Christmas" become a political statement especially in multicultural Canada? Multiculturalism is a complete and utter failure in Canada when it is politically incorrect to say "Merry Christmas" without pausing and wondering if they may or may not be offended?

A True Christmas Miracle in London, Ontario

Glen Pearson | Posted 02.16.2014 | Canada Impact
Glen Pearson

Bob Cratchit comes out as the true hero of Dicken's novel A Christmas Carol -- a worker, a family man, a believer in the goodness of people. London, Ontario just witnessed a similar example yesterday, as Kellogg's employees, despite the devastating news of the impending shutdown, raised $10,000 and purchased quality foodstuffs for the local food bank. If we are ever to find a reason for believing in Christmas, this is it.

Will Harper's Love for Big Business Turn Ugly?

Yves Engler | Posted 01.23.2014 | Canada Business
Yves Engler

Everyone knows the Conservative government is an unabashed supporter of corporations and foreign investors. They have slashed environmental oversight; attacked labour unions; opened the telecommunications sector up to majority foreign ownership; tripled the financial threshold point where the government must do a "net benefit" test of a foreign corporate takeover. Clearly, big business has gotten almost everything it has wanted from Harper's Conservatives. What should we learn from the fact that it still pushes for more? Perhaps a simple truth about capitalism: There is never enough profit.

Coffee's Complicated Relationship With Capitalism

Adam Pesce | Posted 01.23.2014 | Canada Impact
Adam Pesce

The concept of sustainability is not just a feel-good marketing concept; it is both a moral and functional imperative. And so, to make the financial case for paying farmers more is simple: if we don't do it now, there won't be coffee to sell later. To make the humanitarian case for it is just as simple: coffee farmers deserve better.

Why Hasn't the Free Market Solved Climate Change?

DeSmog Canada | Posted 10.30.2013 | Canada
DeSmog Canada

One of the great mysteries of contemporary capitalism is the fact that as a system it appears absolutely incapable of responding to the crisis of climate change. Why can't a system that made the automobile into an accessible mass consumer good provide us with clean and efficient mass transit, or at the very least electric cars? On this matter, the forces of the market are curiously silent.

Do Politicians Deserve All the Credit for Job Creation?

Michel Kelly-Gagnon | Posted 08.12.2013 | Canada Business
Michel Kelly-Gagnon

Instinctively, everybody knows that job creation is something really important, both economically and socially. In a way, we should "thank" the job creators. But who is it, exactly, that we must thank? We might be tempted to believe that it is politicians.

Free Markets Help the Poor Better Than Aid Does

Michel Kelly-Gagnon | Posted 08.08.2013 | Canada Politics
Michel Kelly-Gagnon

"Aid is just a stop-gap. Commerce and entrepreneurial capitalism take more people out of poverty than aid." Though I strongly agree with these words, they came from someone just a bit more glamorous than me -- Bono. The West's relationship with the poor is based on condescension and charity. When it comes to helping the poor get out of the poverty trap, one should not be trapped in preconceived ideas.

Financial Advice from Germs

Jason Tetro | Posted 10.03.2013 | Canada Living
Jason Tetro

2012-05-28-GermGuyBanner.jpgThere are a number of human financial gurus working to help you become wealthy, and their advice is based on years if not decades of knowledge and experience. However, there are a number of microbial economic geniuses who have centuries of expertise developing "economic" success. Germs seem to have knowledge to keep economies solid.

Why the Big Three Are Right About Verizon

Michel Kelly-Gagnon | Posted 10.01.2013 | Canada Business
Michel Kelly-Gagnon

At first sight, the reaction of the three big players to Verizon's possible entry onto the Canadian market seems to be another illustration of their tendency to quash competition. A casual observer might be tempted to think that they're trying to secure government protection against a new player that poses a real threat to their market shares. Nothing could be further from the truth.

A Question For You About Drugs

Tim Paziuk | Posted 09.15.2013 | Canada Business
Tim Paziuk

Should the government be allowed to force pharmaceutical companies to continue manufacturing drugs that are no longer profitable, if these drugs are in the public best interest? I'm really struggling with this one.

Saving Capitalism from Itself

Richard Florida | Posted 07.20.2013 | Canada
Richard Florida

This piece originally appeared in the Toronto Star. You don't have to be a Marxist to wonder if capitalism has run its course. Though the stock marke...

Zombies Aren't the Scariest Part of "The Walking Dead"

Sheetal Lodhia | Posted 05.18.2013 | Canada TV
Sheetal Lodhia

If the world was like The Walking Dead then it would be a world where nearly everyone alive speaks English, nearly everyone is white, and male. The biggest failure of the show is to have the audience rooting for a society that preaches tired principles of violence, lack of community, selfishness, capitalism, patriarchy, and shoot-first mentality.

Is Canada's Head Too Far in the Oil Sands?

Andreas Souvaliotis | Posted 04.20.2013 | Canada Business
Andreas Souvaliotis

While Canada is so good and efficient at squeezing every available drop of profit out of our opportunities, we seem to have missed the most important lesson they teach in the School of Capitalism: strategic planning. And suddenly, after so many fat cow years, our customers' tastes started to change -- and, in record fast time, we started look and behave like the world's least sophisticated capitalists. We may have been the envy of the world but we were actually amateurs all through the fat cow years and now we're starting to pay for it.

Why We're Losing Our Faith in Capitalism

Diane Francis | Posted 09.12.2012 | Canada Business
Diane Francis

Another sordid example of banksterism -- money laundering -- surfaced this week accompanied, not surprisingly, by a blistering global poll that shows faith in capitalism is shrinking. The HSBC (Hong Kong and Shanghai Bank Corporation), the largest financial institution in Europe, revealed "major internal-control problems" and plans to apologize for its lapses next week to members of a U.S. Senate subcommittee into terrorist and trafficking money laundering.

The Future of Business is a Mix of Capitalism and Loving Thy Neighbour

Daniel Baylis | Posted 09.05.2012 | Canada Business
Daniel Baylis

Ask anyone with a shred of a conscience, and they'll tell you that they want a cleaner and more equitable world. With the rise of social media, consumers are becoming increasingly more intelligent and aware of the implications of their purchases. We are shopping not only for value, but with values. That's a major culture shift.

Communist Cuba's Collapse (Really, Are You Surprised?)

Michel Kelly-Gagnon | Posted 06.12.2012 | Canada
Michel Kelly-Gagnon

Canadians love going to Cuba for vacation. Sadly, few of those tourists ever leave their vacation compounds. If they did, they would see a massive transformation taking place in this island nation, which many once hailed as a budding socialist paradise.

The Future of Occupy: Love, Respect -- and Name-Calling

Dr. Peter Ferentzy | Posted 03.12.2012 | Canada Business
Dr. Peter Ferentzy

If you take the many media portrayals of the Occupy camps at face value, you might believe that they are (were) filthy dens of iniquity: disorganized, dangerous, unruly, smelly. While not an overnighter, I became a regular. Whenever I left Occupy, I was a nicer guy than when I had arrived.