SOCI 1001 Lecture Notes - Lecture 11: List Of Canadians By Net Worth, Meritocracy, Ruling Class
10 Aug 2016
School
Department
Course
Professor
Document Summary
Basic food commodities is tied to price of oil. It is needed for processing, packaging, working big machinery etc 7 million acres of land in china for rice is now covered with industries. Iran, syria, yemen, israel, algeria, iraq, omen, egypt. Protesters were putting life on the line against well-armed army. Technology made it relatively easy for protesters to communicate and organize events. Protesters were not red their rights and just carted to jail. Low tech form of communication at the park itself. However near the end there was a hierarchy which lead to the deterioration. Young unemployed university graduates made up lots of the people there. Top 1% of richest households have 23% of total income of the country. Stunning percet of cnaadas capital is controlled by only 12 families. Taxes don"t redistribute wealth since now taxes are fixed and don"t change even though income varies per person. Global inequality richest 20% consumes 76% of private consumption.
