— by JA Cox — last modified Nov 30, 2015 12:32 PM
"Corporate income tax (CIT) cuts have not only failed to lead to faster growth, there is evidence to suggest that CIT rate reductions contributed to slower growth, says a study released today by the Canadian Centre for Policy Alternatives (CCPA).The study, by Unifor economist and CCPA research associate Jordan Brennan, examines the relationship between the Canadian CIT regime and various dimensions of growth and finds there is no empirical or statistically significant relationship between corporate tax cuts and growth.“Corporate income tax cuts could go down as one of the great Canadian public policy blunders of recent times,” says Brennan. “The problem is the facts stubbornly refuse to support the notion that corporate tax cuts accelerate growth."
— by Graham H. Cox — last modified Nov 29, 2015 10:05 AM
Robert Shrimsley of The Financial Times outlines what the bombing will accomplish in Syria. What I find amazing is that the only political leader in England that is opposed to the bombing is Jeremy Corbyn, but the liberal papers just cannot bring themselves to champion his position. The membership of the Labour Party is opposed to bombing Syria. Backbench Conservatives are opposed. Scotland is opposed. It is as close to a united broad opposition as you can get, but these media organizations will not back the obvious and rational position because their pay masters want to see explosions.
— by Graham H. Cox — last modified Nov 29, 2015 09:57 AM
Even Liberals like Stiglitz agree that inequality is bad, but socialists have the only answer that will work: "Skyrocketing housing prices in Canada's cities, most dramatically in Vancouver, threaten the cohesion of our society, argues Nobel laureate and former World Bank chief economist Joseph Stiglitz."
— by Graham H. Cox — last modified Nov 29, 2015 09:37 AM
"Fire Brigades Union throws weight behind Corbyn with historic vote to reaffiliate to Labour. Jeremy Corbyn welcomed firefighters back to Labour last night, saying their vote to reaffiliate marked a “milestone in the building of our new politics and our labour movement.”The union “overwhelmingly” endorsed a proposal from the executive committee to restore its historic link with the party, which it broke in 2004 after a bitter strike against Tony Blair’s government."
— by Faiz Ahmed — last modified Nov 27, 2015 04:09 PM
"Jeremy Corbyn, the Labour leader, and his shadow foreign secretary, Hilary Benn, have adopted sharply opposing views on UK military action against Isis, and there are reports that most of the party’s front bench were considering supporting the prime minister."
— by Faiz Ahmed — last modified Nov 27, 2015 04:00 PM
"The election is for delegates to a convention that would prepare a document on self-governance by Native Hawaiians."
— by Faiz Ahmed — last modified Nov 25, 2015 04:46 PM
"Nato countries will give some rhetorical support to Turkey as a Nato member, but many will not be dismissive in private of President Vladimir Putin’s angry accusation that Turkey is the accomplice of terrorists. Turkey’s support for the Syrian armed opposition, including extreme groups like Jabhat al-Nusra and Ahrar al-Sham, has been notorious over the last three years. Its relations with Isis are murky, but it has been credibly accused of allowing the self-declared Islamic State to sell oil through Turkey."
— by Graham H. Cox — last modified Nov 25, 2015 11:49 AM
While most publications will focus on who brought Mao to the UK Commons, it should be put into context:""I never envisioned when it came to nationalising I would be outdone by a conservative chancellor," McDonnell told MPs as he responded to the chancellor's Autumn Statement. "I would like to bring services like rail back into ownership of the British people. The chancellor wants to sell the to the People's Republic of China."He added: "Nationalisation is OK for him as long a it is by any other state but ours.""To assist comrade Osborne in his dealings with his new found comrades, I’ve brought him along Mao's Little Red Book.""
Autumn Statement 2015 at a glance: Everything you need to know from George Osborne's spending review | Daily Mirror
— by Graham H. Cox — last modified Nov 25, 2015 11:17 AM
"Tory axeman George Osborne has unveiled billion-pound cuts in his spending review.So what exactly has the chancellor done?This full guide will help you navigate the small print of the Chancellor's teeming Autumn Statement, from his housing boom to a welfare bust.The Chancellor once again referred to the letter ex-Cabinet minister Liam Byrne left behind as a joke to his Tory successor in 2010 as he taunted Labour in the Commons."Economic and national security provide the foundations for everything we want to support," he said."
— by Graham H. Cox — last modified Nov 25, 2015 10:16 AM
"Not many universities in the world can claim a full-blown left-wing think-tank. To its credit (and continued surprise for some, including its senior officers), the University of Alberta houses the Parkland Institute, a leading source of Canadian political economy research, and left animation of political life in Alberta and Canada."