Quote:
Originally Posted by flylock shox
When you amass 99% of the wealth in 2% of the population, it is only a matter of time before there is a revolution.
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Nothing in this sentence is true.
99% of the wealth isn't owned by the richest two percent of the population in Canada, the US or anywhere else.
Also, income equality is better in Canada than many repressive/underdeveloped countries which have not undergone a revolution, demonstrating that income inequality in and of itself is not a sufficient precursor for revolution.
Example: In Lesotho, 60% of the national income is earned by the richest 20% of the population, whereas in Canada only 39% of the national income is earned by the wealthiest 20% of the population. And Lesotho has not had a revolution.
Sources:
http://earthtrends.wri.org/pdf_libra...co_cou_426.pdf
http://earthtrends.wri.org/pdf_libra...co_cou_124.pdf
At least in Canada there is a meritocracy towards those in the top 20%, where the child of immigrants who cleaned the hospital floors ends up as a surgeon in that same hospital. (Good friend of mine from high school).