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Canada’s Richest 1% Nearly As Wealthy As Poorest 80% (www.readthemaple.com)

submitted 1 month ago by BrilliantantTurd4361@sh.itjust.works to c/canada@lemmy.ca

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19% would be the complacent middle class 🤮

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[-] CanadaPlus@lemmy.sdf.org 23 points 1 month ago* (last edited 1 month ago)

19% would be the complacent middle class 🤮

Hot tip - that's most Lemmy users. I'm guessing there's also people in the top 0.9 kicking around.

Edit: Aaaand yup, there's cope in the comments.

Socialists are mostly the champaign kind now, although that doesn't make them wrong, neccesarily. Honestly, I have trouble picturing the old days when the kind of people I live around would have voted left.

[-] villasv@lemmy.ca 6 points 1 month ago

People really don’t like feeling responsible for the things we’re all responsible

[-] lobut@lemmy.ca 7 points 1 month ago

No raindrop feels responsible for the flood.

[-] deltapi@lemmy.world 5 points 1 month ago

What qualifies as "middle class" these days? Roughly 24% of Ontario public sector workers are on the sunshine list. While this doesn't give us a ton of insight into the private sector, this would still suggest that if we say the 19% is the middle class that to be middle class you have to be making more than $100k/year...

Not trying to argue, just trying to understand where the goalposts are.

[-] brax@sh.itjust.works 2 points 1 month ago

The problem with the sunshine list is that it never changes with inflation. It's basically become a tool for morons to hate on the "overpaid" public sector instead of calling out their own underpaying employers.

[-] deltapi@lemmy.world 2 points 1 month ago

Oh, absolutely. I'm just trying to use it as a marker to try to figure out where the goal posts should be for what we are calling "middle class."

I have a friend who works in central Ontario for a fortune 500 and they take home ~80k/year, and I've considered them and their family middle class for a while, but they also were telling me that they're overextended and struggling to keep up on interest payments...while also being denied a consolidation loan. So maybe they are not really middle class..?

[-] CanadaPlus@lemmy.sdf.org 2 points 1 month ago* (last edited 1 month ago)

Ever moving, right? People in the top 0.9% all call themselves middle class, maybe "upper middle class" to shut down any contradictions. That's because there's a stigma to being a rich fatcat. For more complicated reasons, politicians like to sweep up most of the bottom 50% that owns basically nothing, as well. The only people who consistently get stuck into the lower class are basically people so powerless they might as well be a thing.

That being said, do be careful that income distribution is quite different from wealth distribution.

Lemmy tends rich and educated. So it would be my guess more than 50% are in the top 19%. Probably by both, since it seems to tend older than Reddit did. What you call that is another matter entirely; wealth and income levels all flow together smoothly in the raw data.

[-] BrilliantantTurd4361@sh.itjust.works 4 points 1 month ago

💯

[-] BillyTheKid2@lemmy.ca 2 points 1 month ago

Lot's of wealthy posters. But they often hide it, because if they don't they get called a liar or flooded with unimaginative threats.

And it's too bad; we should encourage them to post. Know your enemy and all that.

[-] CanadaPlus@lemmy.sdf.org 1 points 1 month ago

If they're on Lemmy there's little chance they're on the wrong side of the class war, rich or not. Class war might be the wrong name for it, even, since the left is now richer on average. War against classes, maybe?