Nipawin - March 2, 2001 - by: Mario deSantis

corporation domination

I have a deep respect for the outstanding work of Ralph Nader to advance the causes to
protect consumers at large and democracy. However, in the complex world we live in we
can't make over simplifications. Nader spoke at the University of Toronto, lashed out at
the corporation domination of society, and mentioned that a hypothetical US left wing
government would have constrained the power of the big corporations and would have
studied a health-care system modelled on Canada(1).




He said that the electoral battle between President Bush and Al Gore was nothing else
but a side show since the people who make the decisions are the big corporations, who
dominate one department after another, one agency after another. Nader also stated that
the corporations tightened their grip on the political system by virtue of the surrender of
the Democratic Party and a weakening of the trade unions.



left or

I am a bit annoyed when I hear of a left or right wing government when our real problems
are ones of democracy, of poverty and social inequality. Certainly we need political parties
to advance our social and economic causes, they bring different leadership, different social
and economic perspectives, but again these political parties must speak a common language,
a social and economic language everybody can understand.




The common language is that language which provides our well-being and therefore the
people active participation in our communities' life, having jobs, having healthy families,
having education, pursuing our social and cultural aspirations.




We don't have to have a fight against the corporation domination, we must just change
our language and pursue our social growth not because we increase our GDP but because
we live healthier lives. Our social and economic problem is not one of being more or less
capitalistic, or more or less socialistic; we can't change our social and cultural experiences,
but we can all pursue the social and economic vision to be healthier.




Therefore, all of our political and economic efforts must be measured in terms of how these
efforts will affect our well-being, and not how these efforts will affect the GDP. As I already
mentioned in a previous article, we have social economists who are getting away from
traditional economic indexes of performance, and they are putting more emphasis on our
well-being and on how active social programs(2) can increase our well-being(3).




The corporation and the trade union businesses would just be a matter of consequence.
Therefore, the current strife of our Canadian bankers, business leaders and politicians
to rally our passion to overcome the US standard of living in the next years years(4) is a
futile and senseless crusade.




As the bankers have been making money at the expense of people at large(5), so we have
Canadian Crusader Charles Baillie, Chairman & Chief Executive Officer of TD Bank
Financial Group, preaching the bank's gospel that our goal should be to increase our
standard of living so that in fifteen years it is not just equal to the United States, but it is
better ... On average, we have to have 1.6% points faster growth than the United States,
every year, for fifteen years. If the U.S. economy were to grow on average 3.4% per year,
we would have to grow 5%(6).




The GDP Canadian saga continues at the expense of democracy and for the ongoing
benefit of the bankers(7), the government, big corporations and their friends.
  List of relevant political and economics articles


Nader blasts corporate domination, MARTIN MITTELSTAEDT, The Globe and Mail, March 2, 2001




Growth, inequality and social protection, Roman Arjona, Maxime Ladaique, Mark Pearson OECD, January 26-27th , 2001 Chateau Laurier Hotel, Ottawa, Ontari




Business must not be as usual, and the "Dalhousie School" of Economics, by Mario deSantis, February 26, 2001




Canada can outdo U.S. economy, Martin says, Alan Toulin, National Post, February 28, 2001


The real challenge of David Dodge, Brian K. MacLean, Financial Post/National Post, December 26, 2000


Address by A. Charles Baillie, Chairman & Chief Executive Officer TD Bank Financial Group to The Canadian Club, Toronto, February 26, 2001


Profits up at CIBC, bank raises dividend, CBC Canada, March 1, 2001