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Investment: U.S. takeovers undermine Canadian culture and rights

by Dr. David Stein

Economists that are featured on national television news, love to portray U.S. take-overs of Canadian enterprises as inherently "beneficial". But, beneficial to whom? The truth of the matter is that if you read the fine print under the names of these so-called 'economists', one might notice one particular thing. These "economists" tend to be employed by Canada's chartered banks.

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These are the very banks which are financing the short-sighted U.S. corporate take over of Canada. These so-called "economists" are simply acting as appointed public relations spokespersons for the finance profit streams which the chartered banks expect to gain from the takeover of Canada, by foreign elites.

U.S. takeovers are not simply "balance sheet" issues

U.S. corporate take-overs of Canadian enterprises are not simply "balance sheet" issues that are related primarily to so-called "investment" initiatives. U.S. corporate take-overs by and large undermine and also subvert Canadian culture and rights. This is exactly what workers in former Canadian industry giant Stelco are finding out.

Stelco had been taken over by Pennsylvania-based U.S. Steel. This cultural subversion is also what other Canadians have been finding out, in other former Canadian enterprises, which include the venerated Tim Horton's as documented by Maclean's Magazine.

Wal-Mart... a little piece of America in Canada

Wal-Mart in Canada has also become the beacon of American anti-union and anti-labour values and practices in Canada.

Canadian values and rights expressed in labour laws

Canadian cultural values and rights in the workplace are expressed in our various provincial labour laws. These labour laws are much stronger than their American counterparts. As a result, the typical American workplace is a much harsher environment than the typical Canadian workplace.

America... a beacon of social Darwinism and capitalistocracy

American cultural values are expressed in a comparable anti-union environment which reflect a "dog-eat-dog" environment, where workers are expendable and destructible fodder for the generation of corporate commercial profits; and where basic healthcare insurance for workers is treated as a luxury item, as compared to Canada.

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When we, as Canadians, allow Canadian enterprises to be systematically taken over, we are importing a managerial frame of mind that is substantively alien from the Canadian experience.

Americans, work in a largely overworked nation where people have a lower life expectancy; arguably, as a result of having a lower quality-of-life.

The screening and the prevention of U.S. take-overs, is not about being anti-American.

Being pro-Canadian but not anti-American

As a multi-cultural society, we appreciate the American people, and empathize with Americans who often work in hostile anti-labour environment, AND who are without basic healthcare insurance. We, as Canadians, simply, do not want to import their hostile and pernicious management culture into our society. Furthermore, as Canadians, we have a right to be "masters of our own house" who are not ruled by the business cultures that has been established by elites in foreign lands, and who view our society as a labour market that they can bribe our politicians to exploit, and to destroy.

Québec's example

It was that type of appreciation which inspired francophone Quebecers to re-affirm the vitality of the French culture in Quebec. Without that appreciation, francophones in Quebec would become as assimilated as those francophones, who had settled in Louisiana during the New France's regime.

Former Stelco workers fight in affirmation of our Canadian identity

Former Stelco workers, as a result of a U.S. corporate takeover, were assimilated into the American corporate values of its new foreign owners, and have been fighting to preserve their Canadian cultural values and rights. Their new U.S. employers view the Canadian cultural values of former Stelco workers as threatening to U.S. Steel's predatory commercial profit-making practices.

When the Government of Canada approved the take-over deal, it legitimated and accommodated U.S. Steel's American practices, into Canada.

American corporate culture threatens Canada's way of life

Some say, Canadian corporations/American corporations... "same difference". This is a grotesque over simplication of corporate takeover as a vital issue in Canada's cultural survival as a sovereign nation.

Canadian enterprises reflect Canada's vital socialization context

What must be borne in mind is that Canadian enterprises have evolved to appreciate and to recognize Canadian labour codes as an axiomatic part of doing business in Canada. Furthermore, Canadian managers of these enterprises have often grown up in Canada, and have gone through the Canadian educational systems. In the process, these managers tend to share a love of Canada. The behaviours of managers in Canadian enterprises are therefore conditioned, in part, from their Canadian cultural experience, and that awareness of labour code areas.

American management comes out of the American cultural experience

Correspondingly, the American managers' experience, is a product of the harshness of their "survival of the fittest society". As a result, it is that mentality which is responsible for large U.S. corporations doing everything that they can to sabotage workers rights. Such bellicose action, includes sabotaging the ability of American workers, to access healthcare rights.

The cultural consequences of U.S. take overs of Canadian enterprisers under the Harper government's continentalist agenda

The end-result of the continual unchecked process of U.S. and other foreign take-overs would inevitably lead to a Canada, that exists little more than, as at most, a geographic place on a map at the most, if at all.

U.S. and other foreign elites, regard Canadian cultural values as expressed in Canadian labour codes, and in other areas (like our comprehensive and inclusive one-tier universal public healthcare system) as a "drag" on their "successful" greed-driven ethos.

Arguably, therefore, anyone who declares that U.S. and other foreign corporate take-overs are inherently "beneficial" to Canada, is speaking either out of ignorance, or in behalf off the economic predatory elites who run the banks and the large foreign corporations.

...The Premier of Saskatchewan leadership on protecting and defending Canadian potash resources

The Premier of Saskatchewan appreciated the vital threat of foreign takeovers on Canadian sovereignty, when he championed the thwarting of a hostile take over bid by Australian transnational elites. Unfortunately, the many thousands of largely U.S. foreign corporate takeovers of Canadian enterprises have received no such a voice in Canadian government.

NDP and Liberals along with the Bloc collude with the Harper government

Federal political parties like the NDP and Liberals (which had once been very strong advocates of Canadian economic nationalism) have largely sold themselves out to the so-called "North American Free Trade Agreement" or NAFTA, and to the Security and Prosperity Partnership's and to the "North American Union" agenda, which former Prime Minister Paul Martin signed with then President George W. Bush in 2005 (without any parliamentary debate or public hearings in Canada, as required by Canadian public law.)

Abrogating NAFTA vital to defending Canadian democracy and sovereignty from neo-fascistic control by a clique of wealthy foreign elites

Canadians who wish to protect what remains of Canadian culture and nationhood, must appreciate NAFTA's pivotal role in legitimating the sale of Canada to foreign predatory interests. The abolishment of NAFTA is vital to any re-affirmation of our vital Canadian nationhood.

NAFTA surrenders to backroom deals among elites and political interests our ability to be "masters of our own house" (who seek to commercially profit from the sell-out of Canada) and that is being done contrary to our cultural and democratic rights.

... From Stelco, to Tim Horton's and much more

The U.S. and other foreign elites like those who took over Stelco, Inco, Tim Horton's and thousands of other Canadian enterprises, were not seeking to "invest" in Canada. Rather, those elites were seeking to 'exploit' Canada for their own personal commercial gain, irrespective of social and economic costs in Canada. This emphasis is also notable in U.S. led corporate ventures in Canada which include the Alberta Tar Sands.

How foreign elites seek to infiltrate Canadian governance

Once foreign economic predators take over Canadian enterprises, they (elites through appointed local operatives who are given money to spend as "political donors") then seek to use their new found economic clout within our society to buy out federal and other politicians (through campaign financing) to destroy labour and domestic laws which we as Canadians support to protect our quality-of-life. Such corporations have been practicing this form of 'neo-colonialism' for many years throughout the so-called Third World, where people have been enslaved to its respective agendas.

Protecting Canada from American economic disparity, economic injustice and malaise

The outcome of U.S. predatory economic practices in America, has been a culture of crime and social destitution in American cities.

Representative elites of the U.S. political-military-industrial complex, as it operates through NAFTA, have been upset that we, as Canadians, have been putting money into our public healthcare system and other social policies rather than on the kind of "investments" which directly support military and other such spending.

... The U.S. political-military-industrial complex's greed

The Harper government in response to the increased pattern of U.S. economic control in Canada, has been pressurized to increase spending in support of the U.S. political-military-complex under the mantra of supporting the "War against Terrorism". We as Canadians observe this effect of greater U.S. economic control. This includes less public expenditures into supporting vital community infrastructure in Canada, and more public expenditures being diverted into billion dollar Afghanistan War and in destined military-industrial infrastructures, to help perpetuate the "war economy".

The demonization of protectionism by greed-driven elites and their confederates who work in the mass media

"Protectionism" has long been demonized by representatives of foreign Big Business interests. "Protectionists" seek to screen and defend national enterprises, from local businesses to crown/public corporations, from hostile foreign take-overs. But, who would not appreciate, for example, the right of family members to protect themselves from hostile foreign intruders and other such organized schemes?

We, as Canadians, have a right to be 'masters in our own house' free of NAFTA as an attempt by transnational elites to destroy Canadian democracy.

As Canadians who are members of a 'nation' that is a democratic community, don't we have a right to elect to protect ourselves from those interests that seek to destroy or to subvert our community?

....Green Party and Canadian Action Party provide alternatives

Elizabeth May's Green Party and the Canadian Action Party are the only registered political parties in Canada which have sought to defend Canada in any systematized way, on the issue of Canadian sovereignty. Unfortunately, none of these political parties are represented in Canada's Parliament, that now operates under a NAFTA/NAU oriented corporate dominion, that is resulting in Canada's declining quality-of-living as confirmed in the United Nation's Human Development Index.

Recommended books:

Quality-of-Living and Human Development

Acquire this book.

Acquire Now!

Quality-of-Living and Human Development as the Outcome from Economic Progress by Horace Carby-Samuels ISBN: 1897036353, 2006

ANOTHER BOOK:

Capitalism is Not Democracy
by Raymond Samuels II

Part I: ISBN 1894934636 , 2005
Part II: ISBN 1897036477, 2005
Part III: ISBN 1897036906, 2005 Book reveals Capitalism is about “capital” and not people.






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