When Will Bankers Take Inequality Seriously?
www.TheTyee.ca | Published Monday 1, December, 2014
By Crawford Kilian
It’s taken three years for the issue of income inequality to filter upward from the tents of the Occupy movement to the upper reaches of Canada’s banks. But we now have a report from economists Craig Alexander and Francis Fong of TD Economics that admits inequality is indeed an issue — what’s more, an issue affecting the top one per cent.
While they provide a useful overview of Canadian inequality, the economists reveal a striking lack of interest in its causes. That in itself tells us something about the attitudes of the business class… read more