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Wandering Adventure Party

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  3. The Income Gap In Canada Has Reached A Record High

The Income Gap In Canada Has Reached A Record High

Scheduled Pinned Locked Moved Canada
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  • SunshineS This user is from outside of this forum
    SunshineS This user is from outside of this forum
    Sunshine
    wrote last edited by
    #1
    This post did not contain any content.
    BeBopALouieB O U squid64@lemmy.caS F 6 Replies Last reply
    93
    • SunshineS Sunshine
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      BeBopALouieB This user is from outside of this forum
      BeBopALouieB This user is from outside of this forum
      BeBopALouie
      wrote last edited by
      #2

      Ya, I know…

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      3
      • SunshineS Sunshine
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        O This user is from outside of this forum
        O This user is from outside of this forum
        outlierblue@lemmy.ca
        wrote last edited by
        #3

        This is capitalism working as intended.

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        14
        • SunshineS Sunshine
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          U This user is from outside of this forum
          UltraMagnus0001
          wrote last edited by
          #4

          Keep letting cooperate owners buy more houses and not let a middle class grow.

          “The payment of five dollars a day for an eight-hour day was one of the finest cost-cutting moves we ever made." This quote indicates that Henry Ford saw the wage increase as a strategic business decision. It benefited the company by reducing labor turnover, improving efficiency, and potentially creating a new market of consumers for his cars. The $5-a-day wage was groundbreaking and significantly above the industry average.

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          • SunshineS Sunshine
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            squid64@lemmy.caS This user is from outside of this forum
            squid64@lemmy.caS This user is from outside of this forum
            squid64@lemmy.ca
            wrote last edited by
            #5

            Won’t be any different than the US at some point. If this keeps going being homeless will be the norm and having an apartment or house will be a luxury for the upper class. The more we go the less food and other basic necessities I can buy.

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            • SunshineS Sunshine
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              fireretardant@lemmy.world
              wrote last edited by fireretardant@lemmy.world
              #6

              I bet a tax cut for the rich would finally kick trickle down economics into gear.

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              • SunshineS Sunshine
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                M This user is from outside of this forum
                macrocyclo@lemmy.ca
                wrote last edited by
                #7

                Anyone have an idea on what policy changes have lead to capital becoming more productive than wages? This is a very troubling situation. Labour drives the economy, not capital.

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