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
Here’s a BBC primer on basic income. We liked the interactive global map of basic income projects with this item.
One thing, though. Let’s not be calling basic income ‘free money’ or ‘money for nothing’ please. Casual phrases like that activate negative reactions in people before they understand the benefits.
Prince Edward Island has joined the growing roster of places taking action to test out basic income. A Green Party initiative has received unanimous political support in the provincial legislature. Nice PEI, nice.
Who better than the Scots to lead us all in a ferocious charge right for the throats of neoliberalism and austerity? None.
Good news, even as winter approaches: in 2017 Ontario can expect to see a basic income pilot project. Hopefully that means that Canada’s largest province is on the path to adopting a benefit regime that will truly secure its people against poverty. We’ve been sold on the idea of a universal right to an income for as long as we can remember. It seems to us that nearly every form of social difficulty could be improved upon if nobody in this society was below a certain level. On the other hand, we could indeed be looking at yet another ‘cycle of consultation’. You know, another rationalised round of reportage, fact gathering and public hearings that kick the issue of poverty down the road and toward the next election. Public pressure might make all the difference, though.
Extra bonus: it would seem a good way to innoculate our society against the rise of Trumpist-style influences, a comprehensive ticket to change for the better. This winter thoughts of a basic income will be keeping the staff at suburban-poverty.com feeling warm inside.
Basic income pilot consultation
Basic income can reduce food insecurity and improve health
University of Toronto Faculty of Medicine
image: chuddlesworth via Flickr/CC
We all love life, right? That’s why longevity is such a sensible measure of the quality of life in a given place. Gaps in longevity data emerge into view quickly thanks to such things as gender and occupation. Ideally, a well off society should find these gaps moderate and when in the right frame of mind it might even challenge these gaps, seek to close them up. A new medical study reinforces our understanding of the role of income in determining longevity with the finding that in Canada high income men are starting to outlive low income women. The incomes of Canada’s richer males is more powerful than the natural characteristic of women to outlive men.
Did you just say ‘holy shit’? We did.
High income men now outliving low income women, study finds
image: Insomnia Cured Here via Flickr/CC
It must be love, the way we keep on coming back to basic income on this blog. Expecting a deeper discussion of the matter in the near future.
A new report from the Canadian Centre for Policy Alternatives: A policy maker’s guide to basic income
(link to 42-page .pdf file)
A second CCPA report:
Basic income: rethinking social policy
(link to 62-page .pdf file)
An item from the Summer 2016 edition of Canadian Dimension which was devoted to the topic of basic income:
More smoke than substance in Canadian plans. Ontario wants pilot project, Quebec advocates tiny steps
Canada: please imitate:
GERMANY: single-issue political party founded to promote UBI
Here’s a discussion on National Public Radio of something with which we are totally down: basic income. Automation is coming, yes. Robots, too. Just the other day one of our interns was in a very well-known Scottish restaurant chain and reported back that they have these new oversized iPod things on which you order your burgers instead of telling an employee what you want.
As our jobs are automated, some say we’ll need a guaranteed basic income (audio 4:18 & URLs)
image: Ellie Myers via Flickr/CC
When payday lending leads to poverty, it’s time for intervention
globeandmail.com (with video 1:58)
See also: (966) We are the loan sharks
image: Jason Comely via Flickr/CC