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Shantastic Marie

http://www.greedandgood.org/NewToRead.html - 0 views

www.greedandgood.org/NewToRead.html

Thesis MaximumWage

shared by Shantastic Marie on 05 Jun 12 - Cached
  • Shantastic Marie on 05 Jun 12
     
    Online book Greed and Good, Sam Pizzigati
Shantastic Marie

Should there be a maximum wage? -- New Internationalist - 0 views

www.newint.org/...-wage-debate-income-inequality

Thesis MaximumWage

shared by Shantastic Marie on 05 Jun 12 - No Cached
  • maximum pay ratios within companies and across sectors to put an end to chief executives getting paid more than 250 times what cleaning staff earn
  • Greater equality: rising wage disparities are one of the key drivers of inequality. By putting a plug on both ends of the pay scale we help ensure decent living standards for all and avoid the negative consequences (eg higher crime, poorer public health) of living in a highly unequal society. The need to tame executive pay: extremely high levels of pay among executives have encouraged risk-taking behaviour (leading to the banking crisis) and have been found to hinder, not aid, the overall productivity of a company. Tackle over-consumption and debt: as social beings we constantly rate ourselves relative to others. Keeping up with the Joneses in an era of high inequality has led people to take on higher levels of debt and to over-consume at a level they and the planet cannot sustain. Beyond the costs to society, academic evidence shows that once people earn an annual wage above $80,000 their wellbeing grows by very little. Thus a maximum wage would help both business and society without damaging the wellbeing of the well-off.
  • Runaway gaps between earners can have a negative impact upon social cohesion, behaviour, health and wellbeing
  • ...7 more annotations...
  • best pursued through social pressure on companies to state and stick to pay-ratios
  • Transparency in reporting and pressure through state procurement (as has worked well over the Living Wage in London) can get results without resort to simplistic, dogmatic and blunt legislative tools
  • excessive money rewards are actually detrimental to performance
  • Rising wage disparities are one of the key drivers of inequality. By putting a plug on both ends of the pay scale we help ensure decent living standards for all and avoid the negative consequences (higher crime, poorer public health) of living in a highly unequal society
  • Restricting pay at the top will meet further resistance because, as we all know, when money accumulates, so does power. A maximum wage would go some way to limit the influence of the very rich, enabling a stronger civil society and democracy
  • The accusation that government restrictions impinge on individual freedoms is a common argument used against any push for a fairer distribution of wealth and income. It ignores the fact that individual decisions can incur societal costs. Excessive pay at the top results in greater inequality and over-consumption that has a cost for all in society
  • A maximum wage offers us one effective way at least to rein in the wages of the rich.
Shantastic Marie

Perspectives on Labour and Income: High-income Canadians - 0 views

www.statcan.gc.ca/...4096885-eng.htm

Thesis canada inequality income

shared by Shantastic Marie on 31 May 12 - No Cached
  • Shantastic Marie on 31 May 12
     
    StatsCan High Income Canadians
Shantastic Marie

Ontario Poverty Reduction Strategy - 0 views

www.incomesecurity.org/...oPovertyReductionStrategy.html

721 politics canada

shared by Shantastic Marie on 10 Apr 12 - No Cached
  • ISAC has been very involved in working to advocate for a poverty reduction strategy in Ontario, and in helping communities voice their needs and expectations for poverty reduction
  • Much of ISAC's work on poverty reduction is done in coalition with other partners
  • Many in the anti-poverty movement worked hard to make sure that the commitment became a reality, and ISAC was instrumental in this work
  • ...1 more annotation...
  • Now that the strategy has been released, ISAC will continue to be involved – primarily through work on the anticipated Social Assistance Review (see below). But we will also continue to advocate for improvements to the strategy, and continue to ensure that government meets its commitments.
Shantastic Marie

TheSpec - Governments have betrayed their promises to the poor - 0 views

www.thespec.com/...yed-their-promises-to-the-poor

721 politics canada

shared by Shantastic Marie on 10 Apr 12 - No Cached
  • Betrayal
  • Betrayal
  • ral governments over th
  • ...15 more annotations...
  • . It all started back in 2008 but culminated last week when social assistance rates were frozen and the Ontario Child Benefit (OC
  • Betrayal
  • ments over the last two politically unholy
  • rnments over the last two politically unholy weeks. For the nearly 90,000 people in Hamilton who live below the poverty line, the betrayal has been most stinging from the provincial Liberals. It all started back in 2008 but culminated last week when social assistance rates were frozen and the Ontario Child Benefit (OCB) was stalled by $100 a month. Back in 2008, Dalton McGuinty’s governmen
  • rnments over the last two politically unholy weeks. For the nearly 90,000 people in Hamilton who live below the poverty line, the betrayal has been most stinging from the provincial Liberals. It all started back in 2008 but culminated last week when social assistance rates were frozen and the Ontario Child Benefit (OCB) was stalled by $100 a month. Back in 2008, Dalton McGuinty’s governmen
  • Back in 2008, Dalton McGuinty’s government, through Minister of Children and Youth Services Deb Matthews, was in conversation with Ontario poverty activists about what should be done to reduce the growing depth of poverty. Setting a target to reduce poverty by 25 per cent in five years sounded doable, and academics and planners came up with concrete actions and numbers that could make it happen
  • first betrayal to the unattached adults who live in poverty and have no dependent children
  • People in poverty and those who care about them were disappointed with the announcement but we played nice anyway. We politely applauded the government for making this commitment. We said it was a good first step
  • We played nice even when yet another review of the social assistance system was announced despite the fact that Matthews had completed one just a few years before
  • Now, just months before they were to release their final report, social assistance rates are frozen
  • It is clear the Ontario government has abandoned its Poverty Reduction Strategy, leaving no hope for achieving even the minimal objective of reducing child poverty by 25 per cent in 2013
  • There’s no more time to play nice
  • At a meeting of the Roundtable for Poverty Reduction’s Social Assistance Working Group last week, the usually composed director couldn’t contain his emotion as he apologized to people on OW and ODSP around the table for continuing to build up their hopes for a government response which ended in betrayal
  • Her continued talk about “Ontario families” ignores the reality of thousands of Ontarians who do not live in family situations
  • It’s time to let her know that she must remember and act on behalf of her 90,000 Hamilton sisters and brothers in poverty
Kevin Carr

Paul Ryan's budget hurts the poor - The Washington Post - 0 views

www.washingtonpost.com/...gIQAX73LQS_story.html

inequality paul ryan budget washington

shared by Kevin Carr on 21 Mar 12 - No Cached
  • Kevin Carr on 21 Mar 12
     
    because rich americans pay too much tax...
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