The world's top one per cent own more than 50 per cent of the world's wealth. The ability to make policy and to enforce it at the national level is essential to combat the slide towards plutocracy, under which society is controlled by the wealthiest citizens. Mr. Obama and Ms. Freeland, please listen to your own rhetoric. Pull the plug on the TPP and CETA.
[Obama] argued that globalization was eroding workers' rights and concentrating economic benefits at the top, that it is now harder for people to pull themselves out of poverty. In the same breath, he flogs the Trans-Pacific Partnership. Come again?
This week, ministers from 12 countries representing 40 per cent of the world's economy will meet to discuss the Trans-Pacific Partnership, one of the largest trade agreements ever. As talks are rushed to conclusion, Canada is still fighting to have its supply management system excluded from the deal. We wish the government well in its quest to protect supply management, but we wish it would go to bat for other core Canadian values and industries. Unlike our European and even American counterparts, Canadian discussion on the TPP has been limited to chickens, eggs and milk.