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Canada’s Richest 86 Families As Wealthy As Poorest 6.2 Million (www.readthemaple.com)
submitted 6 months ago by to c/canada@lemmy.ca
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[–] 61 points 6 months ago* (12 children)

According to Oxfam, in 2024, Canada’s billionaires grew their cumulative wealth by more than $309 million every single day. 

Jesus Christ. Can we do something about this now?

Pretty sure the NDP are our only hope with this.

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  • [–] 10 points 6 months ago (10 children)

    The NDP aren't capable of doing anything about it. Canadians need to understand how that wealth is growing and stop feeding it. Everywhere we spend our money matters. Investors just filter wealth to themselves through business. If we don't group up and act together we'll continue to get picked clean by these predators.

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  • [–] 19 points 6 months ago (4 children)

    The NDP is a tool that Canadians can use. Other tools exist but that's one.

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  • [–] -1 points 6 months ago* (3 children)

    Theoretically everything is a tool that could be used. The NDP would need to be completely rebuilt into a different thing to be of any real use. So the same thing could be said about the Liberals or the Green party.

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  • [–] 9 points 6 months ago (4 children)

    Do you understand how the wealth is growing? Who these people are? They’re the owners of all the news media, the grocery stores, the food producers (bread, meat, vegetable oil, potato products), toilet paper, cable/cell phone/internet, sports teams and channels, car manufacturing (supply chain)…

    To stop funding them you’d have to go off the grid, grow your own food, no car, no internet, no news media, no sports. Sounds pretty difficult for the average person.

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  • [–] 2 points 6 months ago* (3 children)

    But not average people. We cut the arteries of wealth extraction or we accept our servitude and the poverty and mass suffering that it comes with. Which do you want? It isn't an all or nothing thing. It's a start working together to build the alternative and disconnect. A process, over time.

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  • [–] 1 point 6 months ago (2 children)

    Start working together is, in my opinion, the single hardest thing to achieve as a species. It’s called the Collective action problem in psychology and there’s a ton of research into why it is so challenging.

    I’ve seen many people on Lemmy who seem to be unaware of it at a surface level but aware of it at an intuitive level, and it’s extremely frustrating for them.

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  • [–] 1 point 6 months ago (1 child)

    And is fragile and some groups are well practiced at ensuring it doesn't occur, they are what ones with all the money.

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  • [–] 1 point 6 months ago

    It’s not just money. It’s any time a small group has some kind of shared interest. That interest usually is money, but not always directly. The shared interest ties that group together is what allows them to work against the interests of wider society.

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