A very good year, for a few
The Rich Get Richer: 2010 Was a Very Good Year to Be in the 1%, Derek Thompson, senior editor at The Atlantic “This recovery has been a luxury item. For…
Income Inequality
What will Canada be?
I wonder if evangelical christian Stephen Harper would agree with views of American fundamentalist Franklin Graham. That million dollar a year American preacher is the son of Billy who began…
Canada too!
Will American Anti-Labor Policies Infect Europe?, Dave Johnson, Campaign for America’s Future The threat is in the air: “Shut up and take the wage cuts or we will move your…
No net-zero reality for IHA executives
In the blog article Failing healthcare managers still paid handsomely, I noted that average earnings of the top 10 people at the Fraser Health Authority rose almost $4,500 per month…
More not-net-zero reality
In Failing healthcare managers still paid handsomely, I noted that average earnings of the top 10 people at the Fraser Health Authority rose almost $4,500 per month between 2008 and…
BC’s income disparity worst in nation
Look past the political rhetoric, the paid advertisements and the work of reporters shilling for the B.C. Liberals. Look at information generated by the provincial government’s own statistical agency. It…
Romney pays 15% tax on $200m personal fortune
Mitt Romney: the gaffes in full, Josh Marshall, The Guardian “As a fabulously wealthy man running to be the president of a country that prides itself on its middle class…
America’s turmoil taking it toward disaster
At Truthdig, Joe Conason peels recent layers of “respectability” that hide a reprehensible man who happens to be frontrunner in Iowa presidential caucuses. The Bigots and Billionaires in Ron Paul’s…
Income inequality grows in Happy Harperland
Emily Dee points out the sickening reality of living in Fatherland. The rich are getting richer, the middle class is being crunched and the poor, well they just keep getting…
For many, this is a depression
Does living luxuriously in secure compounds and travelling the world first class, richly clothed and dining extravagantly in the company of hired sycophants, qualify a person to determine or advise…
Economics 101: The Reality of Canadian Capitalism
In More Academic Terms
Talking ‘Bout That Gggg-Ghettoization
Huffington Post Canada has carried a joint paper published by Queens University, The University of Toronto and Statistics Canada that shows Canadians are increasingly becoming ghettoized by income. The paper…
Talking ‘Bout That Gggg-Ghettoization
Huffington Post Canada has carried a joint paper published by Queens University, The University of Toronto and Statistics Canada that shows Canadians are increasingly becoming ghettoized by income. The paper…
Inequality at 30-Year High
Inequality in wealth quickly metastasizes into other afflictions including inequality in income and inequality in opportunity. It chokes off social mobility and nurtures the ascendancy of an oligarchy in which…
Trending toward turmoil
The Poor, the Near Poor and You, New York Times, Nov. 23/11: “…And times are tough for the middle class. But everyone needs to recognize a chilling reality: One in…
Occupiers hold NYC park by force
NYPD Occupying Liberty Square; Demands Unclear “New York, NY — The NYPD have been occupying Liberty Square since 1:00am Tuesday morning, with the brand new occupation now set to enter…
George Monbiot explains national bankruptcy
The 1% are the very best destroyers of wealth the world has ever seen, George Monbiot, The Guardian "If wealth was the inevitable result of hard work and enterprise, every…
Thanks to Occupy, the term ‘income inequality’ now part of the national conversation
It took the media long enough to catch on but, as Ben Smith notes, 'Occupy Wall Street is winning'. A quick search of the news--including print articles, web stories and…
The myth of democracy
Oligarchy, American Style, Paul Krugman, New York Times Op-Ed "We have a society in which money is increasingly concentrated in the hands of a few people, and in which that…
It is class warfare…
begun the financial overlords who control all of the major levers of power in what passes for our democracy. ... three decades of rampant upper-crust greed ... will be well…