A bunch of poors (like me!) who band together won't have much capital to buy inventory or equipment. I doubt banks and investors would lend to the bunch of poors, since they have a non-standard decision making structure.
Notably, the research debunks the myth that economic inequality is an inevitable and automatic result of technological and demographic changes. On the contrary, it demonstrates that human decisions—how wealth is shared, how government is set up, and how people decide to organize themselves—play a fundamental part in shaping social outcomes.
On another day, the use of the closed-circuit television (CCTV) room, the webinar for media watching remotely and in the overflow room, as well as general internet issues caused problems for E.M. as she was testifying via CCTV broadcast into the main courtroom — video being played as part of the proceedings kept skipping. The webinar had to be shut down so the video could be played for the witness without issue.
You might expect that, with all this support, Canada has roared to the top of those rankings of global indicators of productivity and economic success, or at least caught up to Italy. But no. Our economic performance is worse. We have warning lights popping up around all of our important indicators. Productivity, or the amount of output for every hour worked, has actually declined since 2018.
Worse, while we’ve been shovelling money at corporations, our social services have declined. There are 2 million more Canadians living without a family doctor than there were in 2019. Housing has become wildly unaffordable, with the Bank of Canada’s Housing Affordability Index reaching heights unseen since the excruciating double-digit interest rates of the early 1990s. And that marquee Liberal social program, universal access to subsidized child care spaces, is hitting bumps with staff shortages and long-term funding gaps that leave its future in doubt.
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Since 2019/20, Canadians have been giving away more than fifty cents of every dollar collected in corporate income taxes right back to businesses.
Canadians are facing serious crises in critical public services like health care and child care and social goods like housing. Does it really make sense for us to give Canadian businesses back more than half of what they pay in taxes when so many people can’t find a family doctor or afford a home?
improv intensifies