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Joe Oliver: Mark Carney really is a WEF Davos man

The World Economic Forum creed is corporatism, not conventional liberal capitalism. Using business for social purposes is Carney's way, too

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The political ideology of our prime minister and his government cannot be adequately defined by the traditional right-left vocabulary of capitalism versus socialism. Rather, it is best described as corporatism or stakeholder capitalism as espoused by the World Economic Forum (WEF) and the Davos elites. That philosophical approach to the economy may be unfamiliar to most Canadians, but it influences how Mark Carney is governing the country and it has important implications for democratic accountability and individual prosperity.

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