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Federal report warns of bleak future as Canada faces economic meltdown
(horizons.service.canada.ca)
this post was submitted on 21 Apr 2025
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kinda interesting to see a govt produced report admitting that they have fumbled the bag of social development since the introduction of neoliberal policy
it's incredibly telling, but also hilarious how it manages to avoid making the connection with capitalism
That's because it was the fault of socialism in Canada, not capitalism. Having more and more socialist/communist programs creates and bigger and bigger government which in turn results in more and more taxes and people being more dependent on the government. In fact, I believe that we need more capitalism in Canada.
Are you doing a bit?
Otherwise in short: socialism is when the businesses, organizations, economy, and government are owned democratically by the workers.
When these things are owned or managed (either undemocratically, or with limited democracy for the workers) by the wealthy owning class, also known as capitalists or those who dont work but rather live off investments and property, that is called capitalism.
For example:
You and 3 friends own a business equally, making decisions together, and choosing what to do with the profits. This would be more of a socialist enterprise even if its for profit.
Alternatively:
You start a business and hire 3 staff. You pay them a wage, but you make all of the decisions about the business and its profits. This is more of a capitalist enterprise.
You can roughly apply this to other organizations, including the government.
Now, a country "being more socialist" would have more democratic control by the workers. A country being more "capitalist" would have more control by the wealthy capitalist owning class.
If the politics and economics are dominated by a workers democracy, you could consider that country socialist. If its dominated by the wealthy, then it would be a capitalist country.
In either set up, there is no guarantee of any particular social policy, only some that are more likely to pass.
Under socialism, people may or may not decide to have universal healthcare, just like under capitalism. However, the people making the decisions under the two different systems are different, just like their class interests. So, it is more likely that when people make democratic decisions under socialism, they would choose universal healthcare (also known as socialized healthcare). Under capitalism, those making the decisions (the capitalists and their sympathetic politicians) can use their wealth, power, and influence to access healthcare no matter what. So they may choose to forego universal healthcare because it takes away from government capital that could support capitalist investments, and private healthcare is another opportunity for capitalists to profit.
In short:
You are wrong. Please have a bit of a think, and don't be afraid of words like "class", "capitalism", etc.
Wtfldr;
Fuck off, or learn something
get yourself checked for brain worms asap