By Ruth Cohen
Serious essays at the contemporary Tory govt in Ontario; A Globe and Mail bestseller.
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Extra resources for Alien Invasion: How the Harris Tories Mismanaged Ontario
None of the three hundred or so attendees challenged the creed that taxes cannot be raised, tax loopholes closed, nor interest rates lowered. It was rather like a revival meeting, as speaker after speaker chanted the familiar cant: privatization, cutbacks, competition. lightens taxation, regulation and business mandates, it will reinforce the prosperity that changing economic and financial circles are about to deliver anyway. If it goes further, selling off public property to pay debt on debt, to put it into the hands of private managers, it's going to touch off a boom!
Then, a few years later, the world was suddenly awash in a glut of oil and fortunes were made by a lot of people. Twenty years ago the corporate class in Canada agreed on one thing: wages in Canada were outrageous, and something had to be done about them. Quite unconsciously, I am sure, the language used came right out of Karl Marx: "Greedy, bloated, unproductive, lazy workers are ripping us off. We own the capital, so we create the value, and the workers' wages are ripping off our surplus value so that a cap italist can hardly make a billion anymore.
In 1926 Alisa, now Ayn, arrived in America for a visit relatives in Chicago. She moved to Hollywood, and had a fortuitous encounter with Cecil B. DeMille, which resulted in her becoming a script writer with the DeMille Studio. S. at a time when the movie moguls were serving as an example of the rewards of free enterprise, it is perhaps not surprising that she became one of the most ardent defenders of capitalism, which she saw as the opposite of communism in the Soviet Union. S. Federal Reserve Bank) and seems to have become a veritable beacon for the misinformed of today.