If we continue to look on economics as a form of weather that just rolls over us naturally then the answer to this question is a tragic yes.
Are we about to witness the most unequal societies in history?
Image: Mike Martinet via Flickr/CC
If we ever have our doubts about the bodily effects of poverty and social difficulty we just need go and ask the physicians about it all.
Effects of racism on physical health should be tracked says U of T doctor. Social determinants of health often linked to racial inequality
Barely anyone at large in the industrial, consumer, automotive, real estate complex we call home has escaped the call of the lottery ticket. Deep down, even the most sensible and realistic of us harbours a fantasy of something for nothing here. We think of all the good things we could do for those we care about or all the crazy shit we could do for ourselves. Either way, we frequently line up at that most suburban of settings, the gas station, and lay down several hours pay in our minimum wage job for a piece of paper that could change everything. Time to think a little more about the psycho-social effects of the lotteries, yeah?
EIther way, good luck and don’t forget to give us some.
image: Mark Turnauckus via Flickr/CC
Words on inequality from a person who has spent decades developing their ability to think at the largest of scales. Sensible, impressive words.
This is the most dangerous time for our planet. We can’t go on ignoring inequality, because we have the means to destroy our world, but not to escape it
image: Hugo Heikenwaelder via Wikimedia Commons/CC
Words on the big picture from Canadian economist Jim Stanford:
image: Chris Murphy via Flickr/CC
Oh dear. Mexico City, Dallas and Seattle have more inequality than Toronto. We are a little higher on the inequality list than most of us may think. We got right into the North American ill top four thanks to eight billionaires, a brace of other rich folk and Canada’s slackness on inheritance taxes. Crazy returns on real estate probably also helped the one percenters. We’re nineteenth globally.
The geography of the global super-rich 47-page .pdf file
Martin Prosperity Institute/University of Toronto
Toronto’s 1 per cent are about 100,000 times wealthier than us. Divide between Toronto’s rich and the rest of us among the biggest in the world