this post was submitted on 17 Apr 2025
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It's not so much capitalism as it is the premiers being literal throns in our countries side when it comes to progress (Alberta and Sask). They will threaten to "leave Canada" because of some bullshit reasoning that changing our economy from a petrol one to a green one will be bad for the economy. Meanwhile it will only generate new growth and stability for everyone who invests in it. Carney KNOWS this
The challenge for the prairies is that we need to undo the brain rot that has told the people in those provinces their only future is in servicing American oil extractors.
There is a story for these provinces. The Norwegian or Saudi model of having the oil extraction being state-owned — and then using the profits to enrich the population — has been tremendously successful.
Alberta and Saskatchewan control these rights in their provinces and the centre and left should be screaming this from the hilltops. The oil and minerals are non-renewable and they should focus on getting value to enrich their own populations, not rush to produce at a discount in order to enrich American shareholders.
Bingo. Alas all they consume is brain rot
Capitalism very much has large internal problems that require unending relentless work to keep from undermining it. So it's very much a problem itself. Then the problems you highlight add to the challenge. 😂