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Canada’s Richest 1% Nearly As Wealthy As Poorest 80% (www.readthemaple.com)
submitted 5 months ago by to c/canada@lemmy.ca
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19% would be the complacent middle class 🤮

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[–] 16 points 5 months ago (2 children)

...so let people die, stop caring for our neighbours, allow ignorance and illiteracy to fester. Seems extreme and misplaced.

A better, less-nihilistic approach might be: stop buying things, cancel subscriptions, sell dividend-paying stocks, etc. Or even better: a general strike.

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  • [–] 1 point 5 months ago (1 child)

    Wait, what difference does it make whether the stocks pay dividends or not?

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  • [–] 1 point 5 months ago

    I suppose there isn't much.

    Dividends are free cash that the company distributes to shareholders whereas it ought to reward the workers imo. I see it as peak siphoning profit away from the working class to the "ruling" class (who don't contribute anything).

    Capital gains and the whole stock market are bad too. As is our tired, biased tax code.

    Jesus... a lot to fix.

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