Incoming U.S. President Donald Trump has taken to musing publicly about using “economic force” to annex Canada. The threat is so brazen that many are treating it as a joke, unable to accept that a United States President could hold such an economically existential threat over our heads.
But these comments are no joke, and Trump must be treated as a hostile actor to Canadian economic security. At the federal level, the NDP leader Jagmeet Singh, to his credit, has called on others to back his plan against Trump, which is to promise retaliation to any Trump tariffs, as well as restricting American access to minerals in Canada.
But these retaliations, however necessary, sidestep a major problem. We will not solve this quagmire with tariffs and Twitter posts. Rather, we need to wrestle with the cold, hard fact that 40 years of neoliberal capitalism in Canada have put us in this predicament where one president can so threaten our economic fortunes.
To truly resist American aggression, we need a solution that includes nationalization, economic planning and worker ownership—in other words, socialism ...
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