3 – Prosperity

Income inequality is rising; wealth is consolidating into the hands of a few.
“Trickle down” economics to the public bottom line is a farce, demonstrated by the
global fallout of 2008, hard-hitting our neighbours to the south; minimal
regulation, on the chopping block, staved off the worst of despair for Canadians.
While rising risk of poverty and homelessness plagues more since, abuse,
addictions and illness can be ruinous; our national debt climbs.
Pervasive since the 1970’s, this strategy has been proven ineffective by leadership
and empirical standards. Yet many remain unaware of it, at least by name; fewer
seem to realize that both big parties, and select individuals in companies legislated
as individuals, have capitalized on the tenets of public asset deregulation,
privatization and corporate welfare for select profit.


The neoliberal ideological agenda entails privatizing the gains by socializing the
losses, exploiting social & environmental resources. Some claim with economic
supremacy that austerity is their only move, yet seems a strategy to weaken us; I see you. Gross Domestic Product (GDP), which we tend to measure economic
success upon, not only goes up with consumer consumption, but also catastrophic
events.


Our culture tends to blame the poor for their state of poverty. While Canadians
remain some of the hardest-working in the developed world, too many remain
within a job loss to automation, illness or accident’s reach of financial ruin.
Canada is home to some of the most highly-educated people in the world, but the
cost of this investment is steeply growing out or reach for many, and many
immigrants are not able to practice in their field of expertise. Do we make poor
choices, or over-consume? Sometimes. Are we too distracted by shiny things, and
conditioned to over-spend? Perhaps.
To individualize poverty on these premises is gaslighting the general public. The
challenge is systemic and institutionalized, bordering on circumstances that are
predatory and ethically criminal. Our market systems are being manipulated by
growing private powers.

Do we tend to underestimate the extent of tax avoidance and evasion by those who
can afford to manipulate legislative loopholes, for the gain of few at the expense of
the many? Absolutely.


Do we look closely enough at where government subsidies are directed, such as
fossil fuels? We’re learning to, using an evidence-based lens to develop policy.
The Green Party pledges to level the playing field for the benefit of future
generations over transnational corporations’ short-term profit.
We can do better! By connecting overarching various government portfolios of
industry, with sustainable solutions of evidence-based policy, we can move
forward, together.


GPI: Greens are committed to improving our collective well-being. Greens
recognize that we need new measurements of our societal health and prosperity.
The GPC and I stand to implement a Genuine Progress Indicator (GPI) for
measuring the contributive value of community & ecological indicator values, to
balance the Triple Bottom Line (TBL).
Even economists lament the shortcomings of hanging our hats on GDP. Shifting
our ideology and policy to include social and environmental values we will
revolutionize our collective priorities. New Zealand has taken such steps,
implemented with their Well-Being Budget, Imagine the value of shade, diversity,
animals, plants and natural spaces; the value of healthcare, education, food
security, altruistic volunteer and poverty indicators to our accounting system for
example, beyond mere fiscal economic benefit.

https://www.greenparty.ca/…/vi…/economy/true-cost-accounting
https://www.greenparty.ca/en/about-us/where-we-stand
Circular Economy: We waste raw materials, waste water, and waste energy. In
fact, of all the energy used by Canadians, more than half is wasted. Green
economic policies aim to improve the efficiency of resource and energy use by a
factor of four. In their seminal book, Factor Four, Ernst von Weizacker, Amory B.
Lovins and L. Hunter Lovins concluded: “The amount of wealth extracted from
one unit of natural resources can quadruple. Thus we can live twice as well – yet
use half as much.”
Improvements in labour productivity drove economic growth after World War II.
We must now repeat the exercise as we improve the efficiency of resource and
energy use, including innovation in the Circular Economy for Extended Producer
Responsibility (EPR): https://www.greenparty.ca/…/it%E2%80%99s-time-get-
serious-a…

Guaranteed Livable Income (GLI): In the race to the top we seemed to forget our
principles of not leaving anyone behind. The niche economy has exacerbated
precarious work while disruptive technology is replacing repetitive jobs. Social
safety nets have been slashed and too many people are falling through the cracks.
How do we better plan for the future where conditions for safety, wellness,
creativity and innovation are fostered?

Working more, working poor? Guaranteed Livable Income for Health, Education,
Innovation & Social Justice.
EXTERNAL LINKS
Among the countries in the Organization for Economic Co-operation and
Development (OECD), Canada ranks 25th out of 37 when it comes to public
spending on social services as a share of GDP. That’s below that of the United
States.

https://www.cbc.ca/radio/thesundayedition/the-sunday-edition-for-may-26-
2019-1.5146999/government-subsidies-for-business-are-greater-than-canada-s-
entire-defence-budget-1.5148266

I support a Guaranteed Livable Income for minimalist lifestyles with dignity, and
so do 112 Ontario-based CEO’s:

https://www.itworldcanada.com/article/ontario-
tech-ceos-ask-doug-ford-to-reinstate-basic-income-pilot/410337


The early signs are that the Guaranteed Livable Income project was working.
People were returning to school, finding work, and living in decent housing; they
deserve minimalism with dignity:


https://www.theglobeandmail.com/politics/article-trudeau-government-urged-to-
save-ontarios-basic-income-pilot-project/

Clean Economy: Pipelines export wealth & jobs while tar sands productions
pollute water & air. We must plan to leave fossil carbon fuel as the source of
emissions & virgin-petroleum plastics in the ground.
The 2010 report of the International Energy Agency called for the removal of fossil
fuel subsidies. Globally, they amount to over $300 billion a year, while renewables
received approximately $30 billion. These perverse subsidies must be removed. It
makes sense to reduce taxes on things we want – income and employment – while
increasing taxes on things we do not want, like greenhouse gases (GHGs) and
pollution. We must transition to the $26T clean economy:
https://www.greenparty.ca/…/vis…/economy/corporate-subsidies