Par Prof. Thomas Velk le 10 juin 2010
The fundamental notion that lay at the heart of the economic Quiet Revolution in Quebec was that central state planning, management and control would pay off in effective delivery of vital services at affordable prices to privileged and vulnerable alike and give society an appropriate return as well. This actually succeeded, in large part, in two and possibly three sectors that are keys to Quebec’s future: hydro power, finance and (to a lesser degree) education. We followed, somewhat, the model of America’s Alexander Hamilton, who, knowing full well the benefits of free trade and private markets, nonetheless advocated a protective tariff for domestic industry, a home-grown big banking system and strong guarantees for full payment of public debt.
