Political Economy of Canada from various Perspectives Essay

Political Economy of Canada from various Perspectives - Essay Example This paper seeks to explore the various works of various authors in regard to their contribution to the effective political processes and economic emancipation in the country for the good of the common man. Canadian economy in few hands â€Å"The Trouble with Billionaires† seeks to explore the manner in which the Canadian traditions, the various government agencies, and the country’s economic sector has handed a few opportunistic individuals the opportunity to accumulate colossal amount wealth and influence to the detriment of the mainstream population, who continue to live without adequate resources. The author makes a persuasive account that economic disparity tops the list of the gravest challenges facing Canada1. This serious affects the social wellbeing of the common man in the country by offering the wealthier a direct ticket to prosperity and dominance. The poor have nothing to celebrate as they are forced to toil, but take home peanuts. Canada follows US aggress ive foreign policy This literary work indicates that as the United States adopted a militaristic attitude under former President George Bush, the Canadian political system took cue and acted in a similar way. As a result, the country strayed away from its usual role peacekeeping qualities, and instead espoused a tougher foreign policy stance, with military intervention taking center-stage. The country took a more active role in Afghanistan, helping the United States to fight terrorist suspects in the Middle East. The government has also strayed away from its previous middle-ground stance on key international disputes, especially in the Middle East region2. Further, Ottawa has joined its superior neighbor, the United States in spearheading obstructionist efforts across the world to stem the global problem of climate change. Canadian capitalism This book provides precise evaluation capitalism in Canada. The writers explore the impact of the fundamental tenets of the system to Canadian government, and punching holes in the system by highlighting its significant failures. The literature offers an account of the current political and economic growth, the amount of wealth in private hands, and the austerity measures implemented by the government to reduce the economic slump in the country. This comes in the wake of political pluralism in Canada. McBride and Whiteside conclude that, even though since 1980, when neoliberal practices formed the basis of government policies in the country, the political economy weathered recurrent economic crises3. This is manifest in policies meant to elimination of the welfare state, the empowerment of the private sector and the input of the state on economic issues and liberalized market has led the country to political and economic prosperity. Participation of Canada in the WTO This book is the first of it kind in terms of looking into the link between the World Trade Organization's (WTO) and Canada, regarding the search for politic al economy solutions in the global context. Froese goes ahead by analyzing the veracity of these objectives through various dispute resolution case studies involving various goods. These include; softwood lumber, Bombardier regional jets, the Canadian Wheat Board and Canadian pharmaceutical patents, and split-run publications4. In light of this, the author manages to provide details of how the international resolutions impact Canadian policies, industrial sector, and the job market.