Canada

we got in this morass because the neoliberal state and its accompanying economy financialized every damn thing

The problem is monetary policy, not deregulation. Deregulation of zoning and housing policy would actually prevent monetary policy from creating such a large housing bubble.

Our Bank of Canada targets a 2% inflation, which means prices need to continuously rise as technology actively reduces goods prices, and we then exclude investments and housing appreciation entirely, and we do hedonic adjustments to discount goods inflation. Then there's likely an element of shrinkflation, as company find tricks to cheapen products or degrade services, which lead to no inflation in the CPI but higher profits and then lower prices.

So the money supply needs to grow via low interest rates, in order to provide a windfall to boomers to encourage them sell their real estate holdings, to create new bank loans, to increase the money supply, which turns into aggregate demand, in order to create inflation in the CPI.

But we can't build enough houses due to reverse neo-liberalism, so housing acts as liquidity sponges for cheap debt, and people hold them as investments in perpetuity since they think prices are always going to go up. Also as interest rates fall inflation falls, as interest expense is included in the CPI while housing appreciation is not, its a feedback loop due to its poorly constructed nature. The Bank of Canada now also buys half of all mortgage bonds to attempt to reverse this, so they're actually printing money in order to cause deflation funnily enough, again due to the absurd way the CPI is constructed.

All this would be solved if the left leaders would actually fix affordability. This is the only real reason I see so many voting right. Nobody can afford shit and they blame the left.

If we don't do something about social media, disinformation, and voting reform, we will not have a Canada to protect after the next election.

It will be difficult to impossible to hold onto a country that nearly half the population would freely give away without a fight.

Unfortunately, due to the piss-poor human condition, Canada - and every country on Earth that allows free speech - will go whatever direction the bots run by the nations that do NOT allow free speech want them to go. Anything else is a temporary reprieve.

Boy, I sure didn't see that coming. It's going to be very interesting seeing where such a path ends. Uncomfortable, likely, but interesting.

We have 4 years to get canadians away from Twitter and Facebook to Mastodon and Friendica to reduce the amount of influence the oligarchs have on our comms.

Lets bring back the vote subsidy, limit the contribution limits to $100 a year, lower the voting age to 16 and pass proportional representation!

If people didn't get their butts out to vote, we'd have a conservative government right now.

There's been a huge increase in U.S. influenced right-wing extremism in Canada and it contributed to the increase in conservative seats in gouvernent.

Don't kid yourselves. Just because P.P. didn't get elected or the Conservatives didn't get a majority, it doesn't mean there isn't a rise of right-wing extremism in Canada.

I think even worse than voting for fear and resentment, they voted for actual fascism. The guy openly stated that he was going to try to ignore Canadian rights and freedoms without any ambiguity. It's not like him twisting turning Canada into a 3rd world resource economy as a great boost to the economy, or that saving the 1% billions in taxes as a way for the average Canadian to save their money.

One of PP's mandates was to use the notwithstanding clause to bypass Canadian rights and freedoms to jail people without a trial. It was one of his platforms, and there was zero ambiguity that he intended to do it exactly as he stated.

The fact that this wasn't a red flag for over 40% of Canadians and an immediate reason to distance themselves from him, it honestly scares me. Because this is how Hitler and Mussolini came into power, along with many other of history's worst leaders. They sounded reasonable at first, with only one or two shady bits to their mandates, only for those shady bits to be the core that started the greatest evils in the world.