I started the previous item intending to introduce this topic but then skidded off into my usual Ford vs Wall Street rant. The rant is relevant to current news, so I’ll leave it there and try again.
Capital is MONEY or PROPERTY that serves to start or expand a business.
Property includes land, buildings, tools, experienced workers, and SKILL.
Before the 1980 Share Value coup most businesses functioned correctly, and the counterbalancing institution of unions and guilds also functioned properly.
A guild or union is supposed to develop and defend the SKILLS and PRINCIPLES of the trade against counterfeit, just as a money bank grows money capital and defends it against counterfeit. Unions developed with apprenticeships and defended with strikes.
Well, again I didn’t need to write this!! After starting to put it together, I watched Carney’s speech to union members. He says it all with words and ACTIONS, in a way that FDR would love. Even Henry Ford (The answer is work) would agree with his ACTIONS.
Summarizing:
Canada will rebuild its infrastructure toward national self-sufficiency. The skilled trades are the KEYSTONE of rebuilding a country. While the existing workers are building, Canada needs far more skilled workers. Carney is implementing a grant for apprenticeship training in schools, plus grants to help businesses train on the job. Canada will give more priority to REAL LEARNING than to college memorization.
= = = = =
After FDR died and Deepstate rose from its zombie grave, Deepstate immediately started to emphasize college indoctrination over skill training. Vocational schools and vocational classes faded out, unions faded out. Everything was aimed at maximal abstraction and maximal indoctrination. Everyone must aspire to be a stock trader.
Polistra's Mill 