There is a cost to all of us, but not all costs are economic. Economic interchange is good, but I think we may have been sold a line when it comes to the value of economic interdependence, especially with countries we lack common values with. Our hurry to grow our economic integration with others has deeply undermined our ability to set our own course as a nation, and now more than ever we’re facing the consequences of that decision to not stand on our own two feet, when it’s easier to rely on foreign supply chains. We should absolutely work to diversify our economic relationships, but we have to acknowledge that the days where we can trade away our domestic resilience for the efficiency of market specialization are behind us. We need domestic manufacturing and processing, even if it’s going to require subsidy and we need to work on boosting domestic self-sufficiency. We need to recognize that ultimately, the only ones that we can always depend on are each other, we need to work hard to help build trust internally. Integrity is worth more than all the oil and gold on Earth right now, and we need to very quickly move to make our system reflect that.
We need to recognize that ultimately, the only ones that we can always depend on are each other
Yes but this sentiment extends globally too.
Again I fully support Canada becoming more independent I am just saying that we do need all of each other, isolationism is always worse in the end, which doesn’t mean we have to be maximalist about it or not recognize the damage economic systems have done that have promoted offshoring industries.
What it means is that we need to all recognize when a shitty leader or administration topples a collective prosperity and causes everything to atomize that at a basic mathematical level it diminishes the overall potential of everybody who experiences that shattering. That is part of the basic crime of it, and we shouldn’t let those shitty people get away with not answering to that crime just because Canada is in the mood for more isolationism right now in an understandable and justifiable way.
Yeah this seems like a time we should be pumping resources into the Federal Business Development Bank, or whatever they call it now, as Canadian business pundit-of-the-day always complains about the lack of investment funds being a barrier to building up local industry.
The BDC (I checked , that’s the latest name) may be making a difference but it’s not enough. Whole sectors should receive massive public attention.
This is absolutely the right answer. If we can’t find foreign investment, it’s time to create some domestically in strategic critical industries. If necessary we should be willing to spin up crown corps to cover critical resources as well.
There is a cost to all of us, but not all costs are economic. Economic interchange is good, but I think we may have been sold a line when it comes to the value of economic interdependence, especially with countries we lack common values with. Our hurry to grow our economic integration with others has deeply undermined our ability to set our own course as a nation, and now more than ever we’re facing the consequences of that decision to not stand on our own two feet, when it’s easier to rely on foreign supply chains. We should absolutely work to diversify our economic relationships, but we have to acknowledge that the days where we can trade away our domestic resilience for the efficiency of market specialization are behind us. We need domestic manufacturing and processing, even if it’s going to require subsidy and we need to work on boosting domestic self-sufficiency. We need to recognize that ultimately, the only ones that we can always depend on are each other, we need to work hard to help build trust internally. Integrity is worth more than all the oil and gold on Earth right now, and we need to very quickly move to make our system reflect that.
Yes but this sentiment extends globally too.
Again I fully support Canada becoming more independent I am just saying that we do need all of each other, isolationism is always worse in the end, which doesn’t mean we have to be maximalist about it or not recognize the damage economic systems have done that have promoted offshoring industries.
What it means is that we need to all recognize when a shitty leader or administration topples a collective prosperity and causes everything to atomize that at a basic mathematical level it diminishes the overall potential of everybody who experiences that shattering. That is part of the basic crime of it, and we shouldn’t let those shitty people get away with not answering to that crime just because Canada is in the mood for more isolationism right now in an understandable and justifiable way.
Yeah this seems like a time we should be pumping resources into the Federal Business Development Bank, or whatever they call it now, as Canadian business pundit-of-the-day always complains about the lack of investment funds being a barrier to building up local industry.
The BDC (I checked , that’s the latest name) may be making a difference but it’s not enough. Whole sectors should receive massive public attention.
This is absolutely the right answer. If we can’t find foreign investment, it’s time to create some domestically in strategic critical industries. If necessary we should be willing to spin up crown corps to cover critical resources as well.