Getting worse

There are increasingly more people having trouble keeping up with the cost of housing and basic needs. Some of them are ending up in the street or in the Montreal metro system roaming aimlessly. It is happening globally and not just in my city.

The fact that the coffers of the top earners keep getting bigger is a sign that something is deeply wrong with the present formula. Those who can speculate on stock increase their profits because there are fewer companies controlling more of the market every year. Less completion means less choice for the public which means they are at the mercy of whatever price is set.

Housing is much the same and as neighborhoods are gentrified people are slowly priced out of the area by people who purchase buildings, renovate and then hike the rents.

If you leave systems simply to the discretion of charity you are going to find yourself out of luck. If governments do not collect enough revenue from those who are reaping the most benefits something in your formula does not work and you are helping guarantee that life for a significant portion of the population (whose job prospects and hourly pay are not improving) continues to get worse.

We never learn.