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
To Iceland for some International Women’s Day inspiration. If you want something good you gotta get it into legislation.
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.
Robin Hoodwinked:how billion dollar powerballs reflect 21st century inequality. State lotteries take from the poor to give to the rich, but we have options and there is a game-changing alternative
US basic income activist Scott Santens on medium.com
image: Mark Turnauckus via Flickr/CC
Three staggering charts show how big the gap between rich and poor is growing in British Columbia
image: Jay-P 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
Words on inequality from a person who has spent decades developing their ability to think at the largest of scales. Sensible, impressive words.
image: Hugo Heikenwaelder via Wikimedia Commons/CC
It’s time trade tycoons address the dark reality of globalization
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