News from the United States these days is pretty grim for working people and many a town there is long in need of greatness. Something tells us, when we read about what seems like a burned out working class or ex-working class, that a lot more than protectionism, reserve bank gyrations and interest rate fiddlings will be required to restore a general prosperity to America. Public health seems a bigger part of the story than is generally accepted. To wit, a couple of recent features:
Maybe the economy isn’t the reason why so many American men aren’t working. Many experts have blamed a poor job market, but new research indicates that an overlooked cause may be poor health
An intractable problem. For the last half-century, Milwaukee has been caught in a relentless social and economic spiral
For a while now we’ve suspected the term ‘middle class’ to be almost functionally useless outside of perhaps the occasional nostalgic descriptive exercise. This recent essay on the Canada Without Poverty web site looks at the term.
image: Donkey Hotey via Flickr/CC
From time-to-time, we do give some thought to who gets what in this economy. There are worse places when it comes to inequality and the general discourse on status than Toronto and area. Still, some more thought could be directed to where the wealth comes from, Toronto’s role in a global economy. This feature brings our eyes and minds to one of our most important economic inputs: mining. An input that helps make Toronto what it is but which remains obscure, unconsidered.
Toronto’s buried history: the dark story of how mining built a city. Even most residents don’t know Toronto is the global headquarters of the mining industry – but scratch the surface and some uncomfortable truths are revealed
Cross country check up: will you win or lose in an Uber-style sharing economy?
cbc.ca/radio [Podcast 1:53:00]
image: Patrick Marioné
Well, it’s a wonder anyone can see Canada as a prosperous, progressive nation after findings like this come to light. It’s a wonder anyone can say work pays and will protect us from poverty here.
This kinda money and you could take a cab to work every day and eat at Red Lobster any time you wanted. What comes after this, Canada?
Either way, Happy Monday.
2 richest Canadians have wealth equal to 11 million poorest. David Thomson and Galen Weston Sr. as wealthy as poorest 30 per cent of the country combined, Oxfam calculates
image: angela N. via Flickr/CC
Today is the day when Canada’s chief corporate executives blow past the rest of us in earnings for the year. They must be a very talented, special gang making between 3 and 183 million dollars a year. Wow.
Top CEOs earn more by today than average Canadian does all year: report
ctvnews.ca (video 3:38)
Throwing money at the problem: ten years of executive compensation
Canada’s top 100 paid CEOs: Canada’s top paid CEOs now take home 193 times what an average Canadian worker does. That’s not the only wage gap visible in this ranking
Four pages packed with bad things about the decline in the value of work to working people in Canada. What you’ve been hearing about crap, part time gigs with low wages, it’s all true. Welcome to the new Canada.
In focus. On the quality of employment in Canada
Image: Ellen Forsyth via Flickr/CC