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Take some money from the wealthy, give it to the poor -- why not do it? Basic accounting suggests that another $1,000 for a student with a $10,000 yearly income puts them further ahead than the same amount does for someone earning $100,000. After all, it gives the student a boost of 10 per cent, and the affluent person only one per cent.
In Canada, the small amount of income redistributed to the poor has long been a matter of public debate. Lately, the poor have been losing. The low-tax, small-government crowd, both Liberal and Conservative, have had control of the federal government for decades.
If you're a top executive at a major corporation, no need to read further; you'll know all this.
But if you're an ordinary person, you may not. You've probably heard of "executive stock options" -- a perk that allows corporate executives a special deal on purchasing the company's stocks.
And you may suspect that these stock options are connected to the rampant greed and corruption that have plagued the corporate world in recent years. If so, you'd be right.
Even leading business thinkers agree.
When Naomi Klein spoke about her book This Changes Everything at the Hammer Museum in Los Angeles in September 2014, she was asked if she agrees with James Hansen's support for nuclear power. She began by crediting Dr. Hansen -- a scientist who worked for decades at the U.S. National Aeronautics and Space Administration -- with doing more than anyone else to alert the public to the dangers of climate change.
Klein then added that she does not agree with Hansen that nuclear power is part of the solution:
Robert Putnam thinks the USA can be fixed. His book, Our Kids: The American Dream in Crisis, released this week, offers a diagnosis of what has gone wrong in his homeland. He wants Democrats and Republicans alike to respond.
Equality of opportunity is supposed to be there for all, so Americans can rise above the station of their parents. It happened to Putnam and many of his high school classmates in Port Clinton, Ohio. It is not happening today in Ohio, or Michigan, or elsewhere in America.