https://www.cbc.ca/news/business/canada-energy-sovereignty-oil-climate-9.7265441
Exporting oil ... more smoke & mirrors à la
🇨🇦 Sam Slick: Canada is getting a sovereign wealth fund 🤨
https://mastodon.social/@persagen/116485426041730443
Opportunistic political-economic rhetoric, profits before people / planet policies.
Capitalism: Malignant by Design
https://blog.Persagen.org/capitalism_cancer.pdf
Wealth <-> protects <-> power
#capitalism #billionaires #IndustrialComplexes
vs.
#DemocraticSocialism #equality #sustainability
🇨🇦 Sam Slick: Canada is getting a sovereign wealth fund. What are they and how might this one work?
https://www.cbc.ca/news/business/canada-sovereign-wealth-fund-explainer-9.7179217
Sovereign wealth funds are state-owned investment accounts, usually started with a country's extra money
Extra money, meh! Huge economy (9th globally, with under 42M population) yet "austerity budgets." Underfunded social programs, infrastructure, services; overpriced goods. Capitalist utopia.
...