Showing posts with label wealth distribution. Show all posts
Showing posts with label wealth distribution. Show all posts

Wednesday, April 25, 2012

Spring Signs of A Thaw In Our Political Passivity?

It's been a long time since I've seen in print the term 'Red Tory', used to describe an economic conservationism balanced by a social progressiveness. Yet it is included in columns today by The Star's Thomas Walkom and Chantal Hebert as both reflect upon the significance of Alison Redford's Progressive Conservative victory in Monday's Alberta election. Walkom goes so far as to suggest the term is also applicable to both Dalton McGuinty and Andrea Horwath, given their recent budget deliberations that yielded some real results.

As well, public editor Carol Goar writes on the growing backlash against the outrageously inflated salaries paid to so-called 'captains of industry.' A shareholders' meeting at one of Wall Street’s biggest banks, Citigroup, rejected the pay package awarded to Vikram Pandit, its CEO, a move she attributes in part to the growing awareness of the gross disparity that exists in North America between the privileged few (the 1% identified by the Occupy Movement) and the rest of us.

One can only hope that the movement for a more equitable distribution of wealth to restore and maintain some of the traditions and values Canadians hold dear will gain real momentum.