Sunday, 22 October 2017
"Poor" Bill Morneau - he can't help it
Of course, the real problem is much bigger than Morneau, it is that there is a fundamental contradiction between shielding one's wealth and serving the public good. In other words, to use the words of another rich man politician, the political process is "rigged" (he knows cos he's doing the rigging). How can business people who make their money out of various forms of human distress and are appointed as candidates by mainstream political parties largely because of their wealth, honestly work for the interests of those their riches are extracted from? The answer is they can't. And in Morneau's case it is clear he doesn't.
The only way out of this contradiction is to ensure that businesses serve the broader public good by, for instance, ensuring that the wealth they make is shared democratically with those who contribute to making it, and this requires worker management/ownership. And the only way of doing this is to ensure that all workers have a democratic right to determinine how enterprise revenues get distributed. It's called worker ownership and it's one of the values we celebrate in our TorontotheBetter Directory. Future blogposts will explain in detail the other criteria we apply to choose the enterprises in the Directory. A better world requires better ways of creating wealth. .