Symmetrical: Rich

Wednesday 6 February 2013

Rich

The rich get richer

Wednesday, 06 February 2013 00:01 Letter to the Editor

A recent study from the Canadian Centre for Policy Alternatives shows that Canada's best-paid 50 CEOs breezed through the end of the recession with earnings 235 times higher than the average Canadian income earner in 1991.
I am not sure there are words to fully express my feelings with regards to these stats. Some words, though, can help me express the reasons behind such discrepancies - words that we would need to name and repeat if we wish to put an end to such a situation. They are: selfishness, contempt, cynicism, corruption, abuse and patronage. And if we want to push deeper, they are: Political parties financing, lobbying, propaganda, media concentration, diversion of democracy and non-working democracy.
Bruno Marquis
Gatineau, Quebec

Comments

+2 # BUFF 2013-02-06 08:55

Don't blame it on the politicians. The blame rests squarely on the shoulders of private enterprise - we need to vote with our dollars: if a company remunerates top executives in eight figures, don't buy the stock.

+4 # nrk 2013-02-06 10:03

I think the point that you're making is that now the 50 highest paid CEO's in Canada make 235 times the average worker, while in the mid 90's it was 85 times. It's a worrying trend.

+2 # Gregor 2013-02-06 11:03

If the trend continues it may be time to start a tour with the guillotine like the French did. Seriously though, it could lead to a revolution at some point.

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