this post was submitted on 04 Mar 2025
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I've been thinking about this a lot recently. We were right. We said jobs would go to low cost countries, hollowing out Canadian manufacturing. They did. The rich got richer and everyone else got poorer. And now resurgent populism.
I guess the question is what we need to do next.
I always liked the idea of globalizing rights: free trade with countries that have similar labour and environmental standards. Maybe that's the next move? Or are we back to bespoke tariffs on everyone?
I think realistically the best case scenario is bespoke tariffs plus resurgence in union density and militancy. Our own labor standards are too low for sustainability at this point so teaming up with other countries with similar standards would still not solve the issue at home. We're still on an uptrend when it comes to inequality and we know it leads to instability at some threshold. We need to significantly curb the amount of money/wealth going to the top and instead direct it to the working class.
The only way to curb wealth going to the top is taxes on their wealth/income... Tariffs help with labour outsourcing, but not with wealth inequality...
I suppose a guillotine would help with wealth inequality as well though....
Taxes would definitely work, if there are politicians who campaign on those and get elected. The problem is that politicians more often than not represent the upper class. So they sell other ideas instead. This is why I'm not confident we'll be able to curb inequality via the democratic system. What we can do however is what we did the last time around - use our labor power. Use labor power to get much more of the profits, use both labor power and some of those profits to hire politicians to get those tax laws passed on top. Could it happen that we get some party to elect a leader who's the type of ideologue that gains popular support and passes such laws before labor power forces them to? Yes. I'd like that, it's easier. I don't think it's very likely though. Just look at the state of the NDP over the last decade.
We're Canadian. Guillotines are out. Execution pits with either rabid beavers, or bull Moose in musk with the oligarch dipped in lady Moose pheromones before being thrown in.