Abstract

Viewing Budget Night on television, followed immediately by the Carter-Reagan debate, a colleague remarked to me how much better prepared the Canadian state is for the 1980s compared to the United States. The U.S. presidential contestants debated the pros and cons of the welfare state and industrial deregulation, while the Liberal Party government of Canada announced its first bold steps toward direct state planning of the economy.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.

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