Wednesday, January 04, 2012

High Pay? No way.

Right now as I type this the richest 100 CEOs in Canada have already made fifty thousand dollars so far this year. Yes they already made more than the average Canadian will make this entire year, and it's rising

Now this is not going to be a rant. I'm not going to complain about how unfair it is that someone out there is making thousands of times more than me in one day of work, when I am fairly certain that my job is many times more taxing than his. No this post is not about that, because life isn't fair, there will always be some kind of imbalance from one person to another. 

The problem I have with this disgustingly excessive phenomena is not the massive difference in compensation, but the threat this difference poses to democracy. In our world money is undoubtedly power. When you have money you can go places other people can't, be heard when others are ignored, and can garner respect even when you lack the quality of character to actually earn it. In the case of your rich and beautiful celebrities this is not so much a problem, they mostly stick to using this influence to inflate their already enormous egos to bursting. That or they try futilely to solve the world's problems by being in a bunch of gimmicky commercials, not realizing that a series of far richer people make a profit off of human misery. Right here is where we run into our problem, what these CEOs are good at is making money, and they love making money. So why wouldn't they use the money they already have to unduly influence the democratic process? Maybe use their enormous piles of money to be heard and respected by just the right people. Why wouldn't they if it meant making more money?

Ok I'll stop for second. Maybe not every one of the one hundred richest CEO's in Canada is using the influence their money can buy to derail our democracy. Maybe none of them are. The problem is though that the possibility still exists, the possibility that any one individual (Joking, any one man) can use their exorbitant wealth to override the majority's voice. 
Anyone who cares about the very foundation of democracy should see this inequality as what it is, a threat to democracy.

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