- Duncan Cameron discusses how Canada can respond to being stalled economically:
In 2011 median earnings in Canada were $30,000. That means one-half of Canadian workers earned less than $30,000. What is more to the point is that earnings in 2011 were $1,800 below the level attained in 1977 (inflation adjusted 2011 dollars)! The pay packet for workers shrunk over that 24 year period.- Meanwhile, Carol Goar notes that we stand out internationally in our large number of well-educated workers earning low incomes - meaning that our investment in education isn't translating into economic benefits. And PressProgress suggests that contrary to the Cons' inclinations, free money for the corporate lobby won't solve anything.
It's a big stall -- an awful lot of Canadians are not getting ahead.
What has escaped economic stagnation, and gone up in value is what Thomas Piketty called patrimonial capital: inheritances, tax sheltered investments, ownership of private companies, public stock holdings, real estate and private art collections.
Piketty shows that patrimonial capital is not just inherited from parents. Important as inherited wealth is in the upper reaches of the Canadian economy -- think Thompson, Irvings, McCains, Desmarais, Péladeau, where new generations have taken over from wealth accumulators -- Piketty shows wealth also grows out of high incomes like those paid in the FIRE sector: finance, insurance and real estate.
Wealth accumulation is outpacing income growth. This is an overall trend in Western economies according to statistics collected by Piketty through extensive research in tax returns around the world. This trend is what the big stall is about.
It should be obvious to anyone (other than the very rich) that it is good idea to take additional money from those who have much more than they need, or could ever spend, and transfer it to people who are barely surviving on social transfers.
- Dave Gilson and Mattias Mackler chart the combination of greater inequality and more precarious lives for most U.S. residents. And Natasha Boddy reports on the work being done to act on the social determinants of health in Australia.
- Jacques Gallant reports on Amir Attaran's latest study showing that Canada is paying far more than it should for generic prescription drugs. And Andre Picard examines the even more worrisome trend of overreliance on antibiotics - which looks all too likely to create resistance which won't be met by insufficient research.
- Finally, Paul Dechene tears into the Regina Public School Board for teaching students all the wrong lessons:
Oh sure, they have a “unit” on “sustainability” somewhere in the school curriculum. I think I remember my kid bringing home a blue papier-mâché globe she made on Earth Day or something. I threw that shit out.
But we all know the three Rs — Reduce, Reuse and Recycle — can’t power a fossil fuel economy.
Neither can words like “sustainability” or “the environment.” And we’re within spitting distance of the epicentre of our fossil fuel economy (if you could spit on Alberta from Regina, that is). So we have to support the fossil fuel economy. It’s our patriotic duty.
If we don’t, who will?
And that’s why I’m glad the school board is doing an end run around those socialist Rs and setting a strong example in the three Cs: Combustion, Construction and Consumption.
Tearing down Connaught is a win on ALL THREE!!
Kids, you know all those plastic juice bottles you put in the blue bin because it’s good for the environment? Your school board has more than offset all that work you did by throwing the bulk of a two-storey building in the dump and then busing all of Connaught across town for three or more years. You could start composting the crusts off your jam sandwiches too and it wouldn’t amount to a hill of organic soy beans at this point!
So why exactly is the Public School Board tearing down Connaught? Because the building was not maintained adequately. Because renovation work that was done on the foundation exacerbated problems. Because heritage elements have already been removed from the building.
When Connaught kids graduate to high school, they’ll learn that these are all examples of the passive voice. That’s a way of playing with verbs that skilled wordsmiths employ to hide who actually did a thing.
In this case, it means no one ever has to say, “The Regina Public School Board and the Saskatchewan Ministry of Education did not maintain Connaught and did renovation work that exacerbated foundation problems and removed heritage elements from the building.”
With the passive voice, it looks like absolutely no one did any of this. And that means no one ever has to take responsibility for what happens, no one ever has to say “Sorry,” and no one ever has to learn anything. And that means the Regina Public School Board can keep doing the same thing over and over.