💼Economic rights are often overlooked compared to other rights like freedom of speech.
📈The economy is driven by three forces: smart managers, hardworking employees, and investors.
💰Workers have a moral right to share in profits, as they contribute to generating them.
🔒There should be fewer regulations and red tape for small businesses to thrive.
🏭Warehousing jobs and importing goods harm the economy and living standards.
Why should economic rights be considered as important as other rights?
—The economy is the foundation of society, and without a functioning economy, other rights cannot be properly upheld.
What are the three forces that drive the economy?
—The economy is driven by smart managers, hardworking employees, and investors.
Why should workers have a share in profits?
—Workers contribute to generating profits, and it is morally right to acknowledge their contributions and provide them with a fair share.
What should be done to support small businesses?
—Reduce regulations and red tape to allow small businesses to thrive and create more jobs.
Why is warehousing jobs and importing goods harmful to the economy?
—Relying on imported goods and not producing locally reduces job opportunities and weakens the economy.
00:01In this video, Frank Stronic discusses the importance of economic rights and the need for an economic Charter of Rights embedded in the Canadian Constitution.
03:39The economy is driven by three forces: smart managers, hardworking employees, and investors, and each of these groups has a right to the outcome, which is profits.
08:43Frank Stronic emphasizes the importance of providing workers with a share of profits, as they contribute to generating them.
12:26To support small businesses, there should be fewer regulations and red tape, allowing them to thrive and create more job opportunities.
13:06Importing goods and warehousing jobs harms the economy and reduces job opportunities, highlighting the need for local production.
