this post was submitted on 18 Apr 2024
36 points (90.9% liked)
Canada
7204 readers
361 users here now
What's going on Canada?
Communities
๐ Meta
๐บ๏ธ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
๐๏ธ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
๐ Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montrรฉal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
๐ป Universities
๐ต Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
๐ฃ๏ธ Politics
- Canada Politics
- General:
- By Province:
๐ Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It started good, but then started to fall into typical conservative taking points.
He correctly identified that the problem started when Canada sold off crown corporations, but then attributed the problem to over regulation of these newly private cooperation.
Somehow he also called CBC a monopoly in there, which is a wild jump.
My main take away from this video is the best solution is to deregulate (the other points were "increase competition", but at this point that's like politians saying they will create more nurses or doctors, unless you also state a plan I assume you're just blowing smoke). His argument for how deregulating airlines or banking or ISPs would make things better for us didn't really exist.
Regulations might make it hard to start a new bank, so I'll give him that. But I have a hard time seeing how regulations is what's preventing new ISPs or grocery stores from cropping up.
Overall in my opinion it's a captivating video that lacks any substance, which is typical for politicans, but also disappointing because you don't often get to hear them talk about something for over 10 minutes where they actually do have time to explain a plan properly.
I particularly laughed at the line about an economy without competition no longer being capitalism. Like, no, this is just the natural progression of unfettered capitalism. If it's not capitalism what do they think it is? The line almost seemed like "anything I don't like is socialism/communism" dogwhistle.
If we want to actually drive competition, there are a few ways:
You know what Canadian province had the most competitive telephone market? Saskatchewan. That's because they have a government run telecom (Sasktel) that doesn't operate on a for profit model.
Penalties for anti-competitive behaviour need to be big enough that they're not just a cost of doing business. If you get caught price fixing, the fine should be so high that you never, ever consider doing it again. Jail time for CEOs should be on the table for egregious enough situations.
When we prop up companies with shitty business practices, we're just encouraging them to fail even harder, because they know they'll always get bailed out.
Anything too big to fail is also too big to care. If they don't care, why should we? Provide proper supports and retraining for everyone below the c-suite and let 'er rip.