In this 2021 book Value(s): Building A Better World For All, Carney tried to persuade us to believe in the free market—not just its merits, but its capacity to self-regulate, to be persuaded to do the right thing, to adopt “enlightened values,” to develop a kinder and gentler capitalism to meet a brutal moment.

This is the same Carney who played a key role in bailing out Canada’s banks during the global financial crisis.

The move ushered in more than a decade of cheap money, which in turn helped fuel a long-term, record-setting growth in the wealth gap while giving rise to financial bubbles and dodgy investments, driving up household debt, and exacerbating the housing crisis.

The asset-management firm Carney chaired, Brookfield, is another clear example of the fundamental inconsistency in believing the free market—perhaps led by the gentlest of hands by the state—is the way forward on climate.

The firm is a dirty-energy behemoth, investing billions in fossil fuels.

It has “one of the biggest portfolios of dirty energy in the world,” says climate finance activist Jason Mogus, who worked with the Sunrise Project. “And they continue to expand it.”

  • Grant_M@lemmy.ca
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    1 day ago

    The Breach participating in voter suppression activities for the CPC, I see.

    • Arkouda@lemmy.ca
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      1 day ago

      As usual the further left one goes the closer they get to the right.

      • Avid Amoeba@lemmy.ca
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        4 hours ago

        This a lazy and comforting fantasy.

        E: A fantasy that serves the interest of right and the owner class.

        • Grant_M@lemmy.ca
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          3 hours ago

          The immediate national security concern is the person who has been endorsed by confirmed Nazi Elon Musk. In this dangerous moment, the media need to focus exclusively on preventing Poilievre and the CPC

          • Avid Amoeba@lemmy.ca
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            23 minutes ago

            While I agree and have already contributed materially towards that goal, expecting people to not be critical hasn’t worked very well for us so far. In this particular case I was fairly skeptical towards Mark. He’s managed to defuse some of that skepticism. I think the process of him addressing criticism head on with decent responses is what made the LPC polls look they way they do. Whether someone writes that Carney’s an ex banker or not, many know this and are worried about the effects. If these concerns are echoed by journalists, it creates the opportunity to address people’s concerns. I think this is the durable and scalable approach instead of hoping for critics to stay silent. I think most non-con voters don’t vote purely on allegiance irrespective of who’s on offer. That’s demonstrated by Trudeau’s tanking in the polls, shifts between LPC and NDP and other examples. I think we want to see our candidates being critiqued and them handling it, unlike cons who don’t mind if their leader invites 5 right propaganda outlets and CBC Radio to his events. I think there’s also some evidence that if our choices are so bad as to having to keep the media away from them, we end up not voting for them or staying home.

        • Arkouda@lemmy.ca
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          6 hours ago

          This is a lazy and useless comment, and their is nothing comforting about ignoramus’ on both sides of the political spectrum willing to cut off their nose to spite their face.

          • Avid Amoeba@lemmy.ca
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            5 hours ago

            I can’t give you more time and effort, I thought you might appreciate a concise explanation of the downvotes. I typically do. All good. 👍

            • Arkouda@lemmy.ca
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              47 minutes ago

              I can’t give you more time and effort, I thought you might appreciate a concise explanation of the downvotes. I typically do. All good. 👍

              You sure know how to put the cunt into “pretentious pseudo intellectual”. Kudos.