At the end of 2019, household net worth in Canada stood at $11,876 billion compared to $622 billion for corporations.
Of the top 100 CEOs in Canada in 2007, five years later only 32 remained in the top 100.
Government debt redistributes resources from the entire population to the wealthy holders of the debt.
On the planet as a whole, inequality has fallen dramatically.
Many households, especially those at the bottom of the income distribution, receive government transfer payments.
People at the bottom of the income distribution aren’t poor because people at the top are rich.
Some of us are making a lot of money because we’re at that stage of life—others of us aren’t.