About a month ago I watched a documentary entitled Capital in the 21st Century. It was pretty riveting, describing much of what, and how, I've been thinking over the past few years about the American take-over of Canada, and the belief that the country "developed" largely because the very rich were too lazy, risk-averse and unpatriotic to invest in their own country, preferring instead to let the more adventurous Americans do the heavy lifting in exchange for a commission - collected by bankers, accountants and lawyers - which was then sent offshore, where returns were better, and taxes lower or non-existent.
Share this post
Justin Pemberton on how to adapt an 800-page…
Share this post
About a month ago I watched a documentary entitled Capital in the 21st Century. It was pretty riveting, describing much of what, and how, I've been thinking over the past few years about the American take-over of Canada, and the belief that the country "developed" largely because the very rich were too lazy, risk-averse and unpatriotic to invest in their own country, preferring instead to let the more adventurous Americans do the heavy lifting in exchange for a commission - collected by bankers, accountants and lawyers - which was then sent offshore, where returns were better, and taxes lower or non-existent.