Since 1982, when the issue of free trade with the United States was resurrected, dusted off and presented anew to Canadians, we have been buffetted by dissenting viewpoints on this contentious and crucial question. Can Canada stand alone and hold its own in the economically turbulent late 20th century? Should it even try? A major gap in the debate so far has been a comprehensive context in which the average Canadian could place the matter at hand. This series attempts to fill that gap. It clarifies not only Canada's economic position in relation to its closest neighbor, but also the United States' economic standing in the world. In the process, Reckoning clearly shows Canada's current position in the global economicy and where, perhaps, it should be heading.
This documentary looks at the microchip, an American invention exploited by the Japanese that caused a second industrial revolution. The devastating effect on millions of human lives is related through interviews with some of the newly jobless in Hamilton, Ontario. Using the example of Japan for contrast, host James Laxer demonstrates that the cost of technological advances need not be so high if their effects are foreseen and planned for. Part 2 of the series Reckoning: The Political Economy of Canada.