Apr. 28, 2010 - Issue #758: May Week
Beyond the Bubble: a new economic age
The world is recovering from the largest economic crash since the Great Depression. With his new book, James Laxer argues the age of American-led globalization has ended, and the opportunity for new voices to be heard has begun. Laxer, economist and political science professor at York University, discusses his views on the Canada's role in developing a new, egalitarian economy.
Laxer believes that this past world age, has for the most part since around the 1940s provided a fairly comfortable existence for most Canadians, but with the crash in 2008 Canada saw the greatest loss of jobs ever recorded in one month, and an unemployment rate of 7.2 percent nationally. With these numbers, Laxer believes the West has lost its hold and argues that the time is right for new voices from across the world to be heard. But the question remains how Canada will position itself in this new economic age.
Laxer poses questions—is now the time for the age of equality? Can we make an egalitarian economy work?—in Beyond the Bubble: Imagining a New Canadian Economy, bringing his experience as an economist and an author to explain the economic causes of the recession in plain language for all to understand and suggests opportunities for Canada to develop a new economy. V
Wed, May 5 (7 pm)
Beyond the Bubble Book Tour
University of Alberta
School of Business Building, Room 1-5
More stories in front »
New comments for this entry have been turned off and any existing ones are hidden. We apologize for any inconvenience.