THE MANY WA YS AL­BERTA IS, IN FAC T, A SO­CIAL­IST PARA DISE

Think Al­berta is all free-mar­ket may­hem? Think again

Alberta Venture - - Front Page -

>>> Al­berta has a rep­u­ta­tion for ram­pant in­di­vid­u­al­ism and free mar­ket ex­cess, a place where cow­boys drill holes in the ground and make off like ban­dits. It should sur­prise a lot of peo­ple to know the other side of the story, about the deep-rooted com­mu­nity move­ments that have pro­pelled this prov­ince and con­tinue to do so. There is and has al­ways been a thriv­ing co-op­er­a­tive move­ment, led by the United Farm­ers of Al­berta, which gov­erned the prov­ince from 1921 to 1935 and re­mains a com­mer­cial force through­out the prov­ince. There are dozens of credit unions in the prov­ince – the largest be­ing Servus Credit Union, the sec­ond largest in the coun­try. And the peo­ple, through their gov­ern­ment, own the prov­ince’s dom­i­nant bank, ATB Fi­nan­cial, caus­ing its free-mar­ket com­peti­tors to fre­quently call foul. Here­with, fur­ther ev­i­dence that Marx’s dream is alive and well in Al­berta.

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