Skip to main content

Home/ Economic Challenges Research/ Group items tagged industry

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Peter Shishkov

Clement wants oil industry to explain gas prices - 0 views

www.cbc.ca/...clement-gasoline-prices.html

Commodity Prices

shared by Peter Shishkov on 01 Jun 11 - No Cached
  • Peter Shishkov on 01 Jun 11
     
    Federal Industry Minister Tony Clement said Thursday he wants the petroleum industry to explain how it sets gasoline prices. "No one can understand why last year, when oil per barrel was around $140 or $150, we were paying $1.37 per litre, when this year oil is south of $98 a barrel and yet we're paying more," Clement said.
Alexei Goudzenko

Japan's Tea Industry Facing Shortage as Nuclear Radiation Taints Shipments - Bloomberg - 0 views

www.bloomberg.com/...adiation-taints-shipments.html

japan's tea industry

shared by Alexei Goudzenko on 03 Jun 11 - No Cached
  • Japan may face a shortage of green tea as radiation leaking from the crippled Fukushima Dai-Ichi power station tainted leaves, spurring the government to restrict shipments from four prefectures.
  • The government decided yesterday to curb shipments of dried tea leaves containing more than 500 becquerel per kilogram of radioactive cesium and ordered a halt in shipments from the eastern prefectures of Ibaraki, Chiba, Kanagawa and Tochigi where tainted produce was detected. Japan’s tea production, including fresh and dried leaves, was worth 102.1 billion yen ($1.3 billion) in 2009, according to the agriculture ministry.
  • The decision came after Shizuoka prefecture, Japan’s largest growing region representing about 40 percent of total output, declared its green tea was safe. Governor Heita Kawakatsu said last month tests on fresh leaves and drinks showed they contained cesium amounts well below the government levels. Still, cesium levels in dried leaves could be about five times higher than fresh leaves, said Yasuo Sasaki, senior press counselor at the Ministry of Agriculture, Forestry and Fisheries.
  • ...2 more annotations...
  • “The new regulation may spur shipment restrictions from Shizuoka prefecture, slashing supplies and boosting prices of green teas,” Sasaki said today in a telephone interview. “Higher prices could spur consumers to shift from green tea to cheaper alternatives such as barley tea or oolong tea.”
  • Drink makers such as Ito En Ltd. (2593) purchase Japanese green tea as a raw material. The company’s shares lost 2.6 percent to 1,370 yen today on the Tokyo Stock Exchange.
Lok-Hin Yuen

CTV News | With temporary workers, flexibility's the name of the game - 1 views

www.ctv.ca/...article2045163.html

Jobs Temporary Workers Labour

shared by Lok-Hin Yuen on 03 Jun 11 - No Cached
  • Weak business confidence coming out of the global credit crisis is playing a major part in keeping jobless rates at painful levels – U.S. unemployment is nine per cent while Canada is stuck above 7.5 per cent in large part because companies are wary of hiring long-term.
  • Canada’s employment-services industry is mostly temporary staffing along with permanent placements and contract staffing, according to Statscan. Revenue has climbed steadily in the past decade, and employment in the sector has jumped six per cent in the past year alone, to 158,000 people.
  • But as the industry grows around the world – staffing firms are expanding in Europe and in emerging markets such as India and China – there’s an intensifying debate over the merits of an increasingly fluid work force. Proponents say it helps both employers and workers be nimble in globally competitive markets; opponents argue it’s part of a shift toward precarious, lower-pay work.
  • ...7 more annotations...
  • Temporary workers tend to earn less than permanent staff, they get little or no benefits and many can be fired without notice
  • The earnings gap between a permanent and a contract worker is about 13 per cent, while between a permanent and casual worker the gap is about 34 per cent
  • Labour is typically a company’s most expensive cost, and a contingent labour force helps reduce costs
  • What staffing agencies dub “flexible” work, unions call “precarious.”
  • With the recession and the resulting slackness, employers are in a position where they can offer no security, no benefits, unreliable hours and lousy pay – and still have people apply. And that will persist until either the labour market picks up or we put some restrictions in place on how precarious employment works
  • Lower pay leads to weaker consumer spending, restricts workers’ ability to get a mortgage and makes it more difficult to save for the future.
  • $8.7-billionRevenue from temp industry in Canada in 2009 (up from $1-billion in 1993).158,000Number of Canadians employed in temp services in the past year, up six per cent from year earlier.13%Estimated earnings gap between a permanent worker and a temporary contract worker.
Lok-Hin Yuen

CIBC World Markets - Press Releases - 1 views

micro.newswire.ca/release.cgi

Jobs Manufacturing Sector Competition Post-Recession

shared by Lok-Hin Yuen on 03 Jun 11 - No Cached
  • Canadian companies facing stiff competition from better-capitalized, more efficient facilities stateside
  • The economic recovery will add more manufacturing jobs in Canada relative to the U.S., but the gains may be shortlived amid stiffening competition south of the border
  • the improvement in the U.S. is not only stronger, but also much more capital intensive - a trend that will hinder Canada's competitive position in the post recession economy
  • ...4 more annotations...
  • "radical restructuring" of industry, Mr. Tal says, where "much more is being produced with less labour."
  • In Canada, where overall industrial production has stabilized in recent quarters, manufacturing activity in capital intensive sectors has also outpaced activity in labour intensive sectors, though to a lesser degree than in the U.S
  • Examples include Canada's chemical, electronics and computer manufacturing sectors that still utilize a much lower capital-to-labour ratio than in the U.S.
  • The high labour intensity of Canadian manufacturing means that jobs growth here will be relatively stronger during the economic recovery to meet demand, even with a strong Canadian dollar. "However, given the increased prevalence of better-capitalized and more efficient production facilities stateside, Canadian manufacturers will find it even more difficult to compete when the dust settles."
Dmitri Tkachenko

Surprise: Low interest rates seen sticking around - The Globe and Mail - 0 views

www.theglobeandmail.com/...article2032075

Low Interest Rates Bonds Financial Industry Inflation Stock Market

shared by Dmitri Tkachenko on 25 May 11 - No Cached
  • Dmitri Tkachenko on 25 May 11
     
    "Interest rates have recently being going somewhere unexpected: down. With the United States government bumping up against its debt ceiling, inflation ticking upward, and a growing debt crisis in Europe, most expected interest rates to be increasing.If so, it will mean pain for savers, but good news for borrowers .A drop in interest rates is equivalent to a sale on the price of money, and corporations are already rushing to take advantage of the easy lending conditions, even if they're in no immediate need of funds. Mortgage rates have fallen, too - good news for homeowners looking to refinance. But lower rates have not turned out so well for some of the market's savviest players, including Bill Gross, the founder of Pimco, the world's biggest bond fund. Earlier this year, he sold his U.S. Treasuries, because he thought interest rates were poised to rocket higher, which would drive down prices of bonds. Oil has been trading consistently around the $100-a-barrel level, thereby lifting inflation, another bond-market negative. Investors are getting nervous and growing more willing to buy super-safe government bonds."
Peter Shishkov

Food, oil prices hit US economy - 0 views

www.peopleforum.cn/redirect.php

USA Commodity Prices

shared by Peter Shishkov on 01 Jun 11 - No Cached
  • Peter Shishkov on 01 Jun 11
     
    Economists have cut forecasts for economic growth in the second quarter following the dismal 1.8 percent pace in the first, with indicators of industrial production, consumer spending and unemployment all appearing soft. Economists said they still foresee a stronger second half, as consumers and businesses adjust to the higher oil price Ian Shepherdson, U.S. economist for High Frequency Economics, said the sharp rise in the price of oil has helped stifle job creation. "The trend in claims has nudged up a bit as companies have responded to the rise in oil prices," he said.
ngodup yaklha

Greece readies for asset fire sale - 0 views

secure.globeadvisor.com/...RBGREECEPRIVATIZEATL

Greece

shared by ngodup yaklha on 05 Jun 11 - No Cached
  • ngodup yaklha on 05 Jun 11
     
    Mass privatizations have emerged as one of the main conditions for the next instalment of Greece's €110-billion bailout package, received a year ago, when the country hit the debt wall and was unable to fund itself. If the privatizations proceed, the EU might also agree to some other goodies, such as trimming the interest rates on Greece's bailout loans, or extending their maturities. Greece's first privatization effort was launched in the early 1990s under Stefanos Manos, who was minister of economy and finance at the time. Before he lost his job in 1993, the telecom industry deregulation was well under way and public-private partnerships were put in place. Later, banking was deregulated to some degree. But then the political will to keep going evaporated and the deregulation and privatization processes pretty much stopped.
ngodup yaklha

http://www.theglobeandmail.com/report-on-business/economy/eu-grapples-with-greek-crisis... - 0 views

www.theglobeandmail.com/...article1463543

Deregulation

shared by ngodup yaklha on 05 Jun 11 - No Cached
  • ngodup yaklha on 05 Jun 11
     
    The second was failure to deal with its huge structural costs, the result of excessive government hiring and lack of deregulation. Stefanos Manos, the retired politician who was minister of economy and finance in the early 1990s, launched Greece's deregulation and privatization process. Before he lost his job in 1993, the telecom industry deregulation was well under way and public-private partnerships were put in place. Later, banking was deregulated to some degree. But then the political will to keep going evaporated and the deregulation process pretty much stopped. By last year, Greece's debt as a percentage of GDP was about 112 per cent, more than double that of Spain (another ailing euro zone country) while its budget deficit reached 12.7 per cent of GDP, the EU's highest. The spectre of Greece going bust sent Greek bond yields soaring last week, sending the euro in the opposite direction.
ngodup yaklha

http://www.theglobeandmail.com/report-on-business/greece-prepares-for-asset-fire-sale/a... - 0 views

www.theglobeandmail.com/...page2

Greece-Deregulation

shared by ngodup yaklha on 04 Jun 11 - No Cached
  • ngodup yaklha on 04 Jun 11
     
    Greece's first privatization effort was launched in the early 1990s under Stefanos Manos, who was minister of economy and finance at the time. Before he lost his job in 1993, the telecom industry deregulation was well under way and public-private partnerships were put in place. Later, banking was deregulated to some degree. But then the political will to keep going evaporated and the deregulation and privatization processes pretty much stopped. Mr. Mitsopoulos says the biggest potential obstacle to the success of the privatization program is a dragged-out process. Fast sales would do two things, he said. It would collect a lot of money quickly, which could be used to pay down debt, and it would deliver the message that Greece is finally serious about making its economy competitive. "All these state investments are burdens on the government," he said. "Privatizations will deliver productivity gains and they can be transformed into tax-paying entities." Privatizations are expected to pick up pace across the EU, as countries with budgets deficits above the 3-per-cent EU limit look for quick debt fixes in the absence of strong GDP growth. The Loterias privatization in Spain is expected to raise about €10-billion, valuing the company at as much as €25-billion, making it the second-largest gaming company in the world, behind casino manager Las Vegas Sands.
Alexei Goudzenko

A bold national energy plan can benefit the provinces - The Globe and Mail - 0 views

www.theglobeandmail.com/...article2044612

energy

shared by Alexei Goudzenko on 04 Jun 11 - No Cached
  • Canada would benefit just as much from the creation of a national electricity grid as it did from the development of the railway and the pipeline. As a nation-building effort, developing these grid connections would give provinces options to buy and sell power of all stripes. Unlike crude oil, it is a consumer product that can be used everywhere, and Canadian supplies of electricity are increasingly renewable in form. Such a project would increase the renewable power potential for Alberta and Saskatchewan by linking existing and future hydro development in Quebec, Ontario, Manitoba and British Columbia to these markets. While the distances here are excessive, the challenge is not insurmountable.
  • Many Canadians may not realize this, but most of Canada’s long-distance, high-capacity connections for oil and electricity run north-south, not east-west. In these key industries, we have focused almost exclusively on serving the U.S. This is one of the great strengths of our nation -- the ability of each province to create its own best strategy for developing revenue streams. It’s also a weakness, because lack of access to other provincial markets has effectively siloed our energy strategies along provincial lines, leading to a patchwork of development across the country that does not take advantage of potential synergies across regions.
Kevin Yeo

Can Made in USA survive in a global economy? Should it? - USATODAY.com - 1 views

www.usatoday.com/...-29-cnbc-made-in-america_n.htm

Outsourcing Global Economy

shared by Kevin Yeo on 03 Jun 11 - No Cached
  • Perry also said that, at $2.155 trillion, total U.S. manufacturing output is 45% higher than China's. Despite the increase in output, however, the number of jobs in the U.S. manufacturing sector is down more than 7 million since the late 1970s.
  • But when asked if large corporations have a responsibility during these tough economic times to buy American to create more American jobs, his answer was clear: No.
  • Some have argued the "Made in USA" label is too exclusive and can actually hurt the economy by discouraging consumers from buying goods that are not completely made within US borders, but which benefit the country by creating jobs or promoting innovation.
Alejandro Enamorado

ROHAC: Income inequality doesn't matter - Washington Times - 1 views

www.washingtontimes.com/...ncome-inequality-doesnt-matter

income inequality rohac

shared by Alejandro Enamorado on 03 Jun 11 - No Cached
  • income inequality is not a useful measure. Measures of inequality tell us nothing about the living conditions of the poor, their health and their access to economic opportunity.
  • one should think primarily about lifting developing countries out of poverty rather than about reducing income disparities in wealthy countries.
  • Focusing on income inequality rather than drivers of poverty, obstacles to economic opportunity and systematic injustice obscures what really works and what does not in the realm of economic policy
  • ...3 more annotations...
  • Putting in place restrictions on executive bonuses, taxing financial transactions and corporate profits does little to mitigate the flawed incentives that have led to exuberant financial booms. A genuine solution would consist of eliminating bailout guarantees to the banking sector, thus reducing the existing incentives for gambling with other people’s money.
  • the rise of cheap imports from countries such as China and new forms of large-scale retailing, epitomized by Wal-Mart and Sears, which have given the low-income groups access to goods that previously were enjoyed only by the rich. In terms of the actual material conditions of living, developed countries appear to be more equal than ever before.
  • growth of executive remuneration in the financial industry cannot be dissociated from a cozy relationship that has long existed between policymakers and bankers
Chris Li

The Progressive Economics Forum » Out of Equilibrium: Why EU-Canada Free Trad... - 2 views

www.progressive-economics.ca/...de-wont-work-in-the-real-world

Free Trade Canada European Union

shared by Chris Li on 02 Jun 11 - No Cached
  • comprehensively liberalize trade in goods and services, government procurement, foreign investment, and other important economic interactions between the two parties.
  • The recent appreciation of the loonie against the euro (up 18% since the two sides first committed to free trade talks) vastly overwhelms any cost advantage Canadian exports could hope to attain in European markets through tariff elimination.  Aggregate trade imbalances, and the skewed sectoral composition of trade, imply that Canada already loses some 70,000 jobs
  • The EU and Ottawa commissioned a joint economic study which predicted mutual economic gains from a free trade agreement, worth approximately $12 billion per year to Canada by 2014.  However, that report incorporates bizarre and far-fetched assumptions regarding the self-adjusting nature of all markets, and the manner in which free trade would be implemented and experienced. 
  • ...5 more annotations...
  • even the government’s own report shows that Canadian imports (of both goods and services) from the EU will increase by twice as much as Canadian exports to the EU, substantially widening the existing bilateral trade deficit.
  • exports grew less rapidly with FTA partners than with non-FTA partners, but imports grew quicker with FTA partners than with non-FTA partners. 
  • In the real world, free trade agreements (not surprisingly) tend to make existing trade imbalances even worse: this is true throughout economics, where deregulation generally tends to exacerbate the imbalances and unevenness of market outcomes.
  • Three scenarios are presented: one in which tariffs are mutually eliminated; one in which EU-Canada trade expands in line with the historical experience of Canada’s previous FTAs; and one in which tariff elimination is combined with the appreciation of Canada’s currency (versus the euro) which has been experienced in fact since the two parties launched free trade negotiations.  In every case, the bilateral trade balance worsens significantly (and in the third scenario, it worsens dramatically – since the higher Canadian dollar reduces Canadian exports, even as imports from the EU are surging).  Based on average employment intensity across 23 goods-producing industries, the simulations suggest an incremental loss of between 28,000 jobs (in the first scenario) and 150,000 jobs (in the third).  Direct losses in Canadian GDP range between 0.56 percent in the first scenario, and almost 3 percent in the third.
  • A free trade agreement with the EU will exacerbate Canada’s existing large bilateral deficit, at the expense of output and employment in many important sectors of the economy. 
alex yesikov

Could Greece be the next Lehman Brothers? Yes - and potentially even worse | Larry Elli... - 0 views

www.guardian.co.uk/...ce-debt-crisis-lehman-brothers

Systemic Risk Banks USA Financial Crisis 2008 Greece

shared by alex yesikov on 02 Jun 11 - No Cached
  • It was less than three years ago that the failure of Lehman Brothers sent tremors through the global financial system, threatening the existence of every major bank and triggering the most severe economic crisis since the Great Depression. As Europe's policy elite met for fresh crisis talks today, the dark fear that haunted everyone around the table was this: if the bankruptcy of a middling-sized Wall Street investment bank with no retail customers could have such dire consequences, what would happen if the Greeks decide they have had enough and renege on their debts?
  • Could Greece, in other words, be the new Lehmans? Given the structure of modern financial markets, with their chains of derivative trades and their pyramids of debt, there is only one answer. Greece could certainly be the next Lehmans. The likelihood that a Greek default would pose a threat to the future of the eurozone as well as to the health of the world economy means it has the potential to be worse than Lehmans. Much worse.
  • To be fair, it's a tough one. A single currency that involved a hard core of European countries that were broadly similar in terms of economic development and industrial structure might just have worked. Bolting together a group of 17 disparate economies with different levels of productivity growth, different languages and different business cultures was an accident waiting to happen, and so it has proved.
Mike Seo

Canadian pork export market threatened - Community News Blog - 3 views

www.mysteinbach.ca/...10418.html

Trade Export Pork

shared by Mike Seo on 03 Jun 11 - No Cached
  • The president of Canada Pork International warns the lack of a Canada-South Korea free trade agreement threatens to cost Canada a pork export market worth over 100 million dollars a year.
  • Representatives of the Canadian pork industry have asked Prime Minister Stephen Harper to become directly involved in getting free trade discussions back on track.
  • Canada pork International president Jacques Pomerleau says Canada’s trading partners in South Korea have warned, without a free trade agreement, Canada will be out of that market within two years.
  • ...1 more annotation...
  • We have to remember that Korea is a very price sensitive market and the fact that there’s no plan for Canada to have a free trade agreement.
Chris Lee

Tax policies may aggravate gap between rich and poor - thestar.com - 0 views

www.thestar.com/...vate-gap-between-rich-and-poor

Income Inequality Conservatives Stephen Harper rich gap

shared by Chris Lee on 02 Jun 11 - No Cached
  • , Canada is witnessing a phenomenon in which the most wealthy are enjoying stunning increases in their income while the rest of society stagnates.
  • Angel Gurria, head of the industrialized world’s main think tank, is warning that income equality is becoming a “serious threat.”
  • According to Toronto research agency Investor Economics, the richest 3.8 per cent of Canadian households controlled 66.6 per cent of all financial wealth (not counting real estate) by 2009, up from 60.6 per cent in 2005
  • ...3 more annotations...
  • economists say the benefits to the rich from these tax breaks will far outweigh anything seen by other members of society.
  • single parents, who account for one in five families with young children and have the highest rate of poverty in this country.
  • “The families that will most benefit from Harper’s income-splitting promise will be those who need the least help,” says Armine Yalnizyan, an economist with the Canadian Centre for Policy Alternatives. “The higher the income, the bigger the tax break.”
Kiruban Mahadeva

Canada 2011 Budget: Flaherty Budget Speech (Text) - Bloomberg - 1 views

www.bloomberg.com/...herty-budget-speech-text-.html

Government Spending Taxes Debt

shared by Kiruban Mahadeva on 03 Jun 11 - No Cached
  • The global economy is still fragile. The U.S. and our other trading partners are facing challenges. Compared to other countries, Canada's economy is performing very well-but our continued recovery is by no means assured. Many threats remain.
  • Securing our recovery from the global recession The Next Phase of Canada's Economic Action Plan is critically important
  • Now is not the time for instability. It would make it harder for Canadian businesses to plan and to expand. It would drive investment away to other countries. It would jeopardize the gains we have made.
  • ...18 more annotations...
  • We will keep taxes low. We will undertake additional targeted investments to support jobs and growth
  • massive tax increases
  • We will not give in to Opposition demands to impose
  • This reckless policy would lead to continuing deficits and higher taxes on all Canadians. It would stall our recovery, kill hundreds of thousands of jobs and set families back.
  • Sustained growth comes from the private sector. We will help businesses to create jobs. We will not raise taxes on growth.
  • Since July 2009, the Canadian economy has created more than 480,000 new jobs-more than were lost during the recession
  • we remain concerned about the number of Canadians looking for work
  • We need to keep protecting and creating jobs now
  • Keeping taxes low A key part of that foundation is low taxes.
  • Our government has delivered tax relief for all Canadians
  • Our tax cuts are also helping employers to invest, grow and create jobs.
  • Our commitment to low taxes is supported by a strong consensus: that protecting Canada's tax advantage is key to securing our recovery.
  • Canadian industries Even so, in the current global economic climate, many businesses remain hesitant to invest and to hire.
  • Our government will take further action to encourage them to expand and create jobs.
  • The Hiring Credit for Small Business will provide a one-year EI break for some 525,000 Canadian small businesses
  • Expanding international trade Beyond this, we will promote new export opportunities for all Canadian businesses
  • We need to keep expanding our access to foreign markets, to create new jobs here at home.
  • We will provide greater financial security for Canadians, and practical help to make ends meet.
Noah Schafer

Election sealed corporate tax cuts; Canada needs more - The Globe and Mail - 0 views

www.theglobeandmail.com/...article2017147

Canada NDP USA Corprate tax

shared by Noah Schafer on 05 Jun 11 - No Cached
  • The election determined only that corporate tax rates won’t go up. It did not determine that they won’t go down – as, almost certainly, they will – through the next four years.
  • The average rate in 28 of the member countries of the OECD is 20 per cent.
  • In the campaign, the government asserted correctly that Canada’s corporate tax rate was the lowest in the G7. This, alas, wasn’t saying much. Four of the G7 countries have the four highest corporate tax rates in the world: U.S. (39.2 per cent); Japan (35.5 per cent); France (34.4 per cent); and Germany (30.2 per cent).
  • ...8 more annotations...
  • Canada’s rate (at this moment, 27 per cent).
  • As Canada trimmed, the world trimmed, too: 75 countries aggressively cut corporate tax rates in the past decade. China’s corporate tax rate is 20 per cent – discounted to 15 per cent for companies that invest in strategically important industries.
  • combined federal-provincial statutory tax rate of 25 per cent, won’t
  • The “Bowles-Simpson Plan,” proposed by President Barack Obama’s commission on fiscal reform, suggests a federal rate of 28 per cent. The Wyden-Gregg Plan, proposed by Democratic and Republican legislators, suggests 24 per cent. The China-OECD Plan, advanced by the non-partisan U.S. Tax Foundation, suggests 20 per cent
  • These rates are federal rates and don’t include corporate rates levied by the states: nominally, on average, 6.6 per cent; in fact, on average, 4.2 per cent. Thus a U.S. federal rate of 20 per cent (the China-OECD Plan) would produce a comprehensive “America rate” of 24.2 per cent
  • Canada’s goal assumed an “America rate” of 39.3 per cent: a competitive advantage for Canada of 14.3 percentage points.
  • when you add the federal rate and the average provincial rate (19 plus 12.5), you have a “Canada rate” of 31.5 per cent – the fourth-highest rate in the world: and twice as high as China’s most competitive rate.
  • The Conservative government took a lot of heat for incrementally lowering Canada’s corporate tax rate.
Alejandro Enamorado

Income Inequality Around the World Is a Failure of Capitalism - Kentaro Toyama - Busine... - 0 views

www.theatlantic.com/...238837

inequality income capitalism

shared by Alejandro Enamorado on 06 Jun 11 - No Cached
  • But inequality is rising in most developed countries, literally upending the Kuznets curve
  • The Kuznets Curve, named after Nobel Laureate Simon Kuznets, predicts that as nations become wealthier, inequality initially rises and then declines, like a single squeeze of an accordion.
  • The OECD considers several reasons why this might be, including: increases in more people working part-time; increases in investment-based income among richer households; and even rich folks marrying each other and doubling up on wealth accumulated at the top.
  • ...2 more annotations...
  • the dominant reason is that we're experiencing another labor revolution, a transition from low-skill industrial work to high-skill knowledge work. High-skilled workers with jobs that cannot be off-shored or automated are being paid more compared with low-skilled workers.
  • Policies that promote the up-skilling of the workforce are therefore key factors to reverse the trend to further growing inequality." The only way to achieve fairness in a meritocracy is to provide more equal opportunities for everyone to attain merit.
1 - 19 of 19
Showing 20▼ items per page