Income inequality has skyrocketed in Canada over the past decades. The rich have become richer, while the average household income has deteriorated and job quality, plummeted. Common explanations for these trends point to globalization, technology, or other forces largely beyond our control. But as Jobs with Inequality shows, there is nothing inevitable about inequality.
Rather, runaway inequality is the result of politics and policies, and what governments have done to aid the rich and boost finance, and what has not done to uphold the interests of workers.
Drawing on new tax and income data, John Peters tells the story of how inequality is unfolding in Canada today by examining post-democracy, financialization, and labour market deregulation. Timely and novel, the book explains how and why business and government have rewritten the rules of the economy to the advantage of the few, and considers why progressive efforts to reverse these trends have so regularly run aground.