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Decentralized Democracy

Member of Parliament

Matthew Green

  • Member of Parliament
  • Member of Parliament
  • NDP
  • Hamilton Centre
  • Ontario
  • Voting Attendance: 66%
  • Expenses Last Quarter: $131,250.15

  • Government Page
Context: House Hansard - 251 - Nov/20/23
Mr. Matthew Green (Hamilton Centre, NDP)
  • Nov/20/23 12:41:38 p.m.
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  • Re: Bill C-56 
Madam Speaker, I have to hand it to the hon. member. I rather enjoy his analysis on monopoly capitalism. He has spoken at length about the ways in which the dominance of corporations have concentrated their power in this stage of capitalism. I wonder if the hon. member would find common ground with me and agree that the battle of competition is fought by cheapening of commodities. “The cheapness of commodities depends, ceteris paribus, on the productiveness of labor, and this again on the scale of production. Therefore, the larger capitals [defeat] smaller.” Further, “the credit system, which begins as a [modest helper] of accumulation,” soon “becomes a new and [formidable] weapon in the [competitive struggle], and is finally transformed into an enormous social mechanism for the centralization of capitals.” Would the hon. member agree with that economic theory? It could have been Adam Smith.
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