The Wrong Kind of Socialism

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To celebrate our ownership of 6/36,000,000ths of the Trans Mountain pipeline, Team Advantage discusses the role of the Canadian state in taking on risky investments that aren’t commercially viable. We point out the important role of the state in establishing modern industries (the space race, telecommunications, computing) and consider the oilsands as similarly shaped by heavy public investment. Lastly, we ask: if subsidizing fossil fuels is our “version” of Silicon Valley, is it wise to continue sinking money into it?

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