10 Jan 2016

Struggling to manage your life?
Our destructive system is likely to blame.

I was dismayed by the comments of two women on CBC Toronto’s Metro Morning recently. The program deserves credit for planning throughout the week to deal with issues of stress and the fact that most people don’t have enough hours in the day to deal with important, often crucial, matters.

The two women were picked at random on the streets of downtown Toronto. They told the CBC horrendous stories about how difficult their lives are – from being unable to meet the needs of their children, to too much stress at work, not enough money for childcare, and having no time to themselves.

But, if like the two women, you’re under too much pressure in your life and you don’t have any free time, keep in mind it’s happening to just about everyone, and it’s not your fault. It has to do with the way the economic system we live under us putting the squeeze on most of us.

How serious is the problem? A poll conducted for the Heart and Stroke Foundation revealed that half those interviewed were unhealthy because of their lifestyle:

  • 44% of respondents said they had no time for regular physical activity.
  • 41% said healthy meals take too long to prepare. 
  • More than half (51%) said fast food outlets don't have enough healthy choices. 
  • And almost a third (31%) said the time they would like to spend being active they instead spend commuting.  
These findings are of interest to the folks at Heart and Stroke because heart disease and stroke kills one in three Canadians and is the leading killer of women.

The two women interviewed by the CBC felt it was their fault that they couldn’t manage their lives better. Unfortunately, Canadians are poorly informed when it comes to understanding the big economic and political picture. So it probably would never cross their minds that the real issue is the economic system we’re now living under. 

Wait for it, and don’t be afraid: The problem is the out-of-control form of heartless capitalism we live under.

 Back in the 1960s and 70s we had what might be called “benevolent capitalism.” Money was more equally distributed than now. Most corporations felt they had an obligation to pay their taxes – well, at least part of their taxes. Both a university education and housing were cheaper. Powerful business and political leaders began to dramatically change the political-economic system in many Western countries in the early 1980s. A package of policies known as neo-liberalism – never before tested – was undemocratically imposed upon us.

A major component of the system, trickle-down economics filled the pockets of the rich and corporations with billions in cash. The incomes of ordinary folks began to stagnate.

The impact of those changes some 35 years ago on most people is well documented.  Both the rich and corporations now pay less in taxes. Many social service programs have been gutted. When governments didn’t have enough money to run the system because of the tax breaks for the rich, they imposed austerity on the rest of us. Unions were bashed into submission. Mainstream media succumbed to the powers of the corporate world.

While the wealthy made huge gains in their income, real minimum wages in Canada basically haven’t budged from almost four decades ago.

According to Statistics Canada, the average minimum wage in Canada was $10.14 an hour in 2013. And when you translate the 1975 equivalent into 2013 dollars, it was “almost identical” at $10.13.

The biggest study in recent years on the workplace was carried out by the National Study on Balancing Work and Caregiving in Canada in 2012. It found out that almost two-thirds of Canadians were working more than 45 hours a week – 50-per-cent more than two decades earlier. Work weeks were more rigid, with flex-time arrangements dropping by a third over the previous 10 years.

One consequence of both workplace and home stress is an increase in both serious short-term and long-term disability claims. Dr. Kevin Kelloway, Canada Research Chair in Occupational Health Psychology, says that almost all of the work insurance providers with whom has dealt with report that between 30 and 40 per cent of their claims are related to occupational stress via mental health or heart conditions.

If Canadians were better informed by a comprehensive education system and a socially responsible mass media, the two women interviewed by the CBC would understand that they and millions of other stressed-out people are not primarily responsible for the near chaos in their lives. We are told by mass media that if we end in a crisis situation, it’s our own fault and we need to buckle down and fix our problems.

But what is really to blame is a system that squeezes us more and more year after year.

-30-

CLICK HERE, to subscribe to my blog. Thanks Nick


75 comments:

  1. With organized labour focused on only those things that keep their own budgets healthy (raises, new jobs, no job cuts) little is being done to find opportunities for fleixbility to right size the work day/week. Instead employees are at work for 8 hours in a day but only do 6 hours of hard work. They are miserable when at work because they lack the ability to spend that time where they need to for their own quality of life.

    Canada does need to be a leader and set the global stage where work is not such a negative influence on the quality of life.

    Realistically this needs to be modeled by the governments and then flow into public policy, I don't believe the rich will voluntarily give up more of their wealth.

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  2. Marke Slipp of Wolfville, N.S. asked me to post this for him:

    It is great to see the way you equate neo-liberalism to a practical application with day-to-day situations that impact regular people. Too often the politics of this discussion overpower how it effects our lives.

    I was just thinking today how neo-liberalism is unrelenting in its demand for more productivity. More profits. More power. And they want the minions to bring it to them. They laugh about the promised "trickle-down-effect" of lower corporate taxes; how this would incentivize companies to invest more and develop their work force. As if.

    All of this stresses me out. As it should. ;-)

    Thanks for a thoughtful piece.

    cheers, Marke

    ReplyDelete
  3. Posted on behalf of folks at Trenholme Lodge, N.S.:

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    Having the basics (how mortgages work, the role of the banks in the economy, what lobbyists do) of daily financial information would help us to understand and participate better in the world around us. Our eyes would not glaze over when we hear “money supply”, “Mortgage rates”, “inflation rate” etc. etc..

    We know very little about how the world works (Economic Hit Man) and that is how the elites like it. Just as education was a propaganda arm of the church, it has evolved to be the propaganda arm of the elites. The less the people know the better.

    Today, we are truly living in an Alice in Wonderland era watched over by Big Brother.

    Sorry for the rant, I am trying to say it starts with education at the earliest levels.

    Trenholme lodge
    Halifax, NS

    Ps Love your blog

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  53. DO YOU WANT A PERSONAL/BUSINESS/INVESTMENT LOAN? LOAN IS HERE FOR YOU

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  54. DO YOU WANT A PERSONAL/BUSINESS/INVESTMENT LOAN? LOAN IS HERE FOR YOU

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  56. I have my ATM card already programmed to withdraw the maximum of $ 4,000 a day for a maximum of 20 days. I'm so happy with this because I got mine last week and I've used it to get $ 44,000. Mr Martins is giving the card just to help the poor and needy even though it is illegal but it is something nice and it is not like another scam pretending to have the ATM cards blank. And no one gets caught when using the card. Get yours today by sending a mail to martinshackers22@gmail.com

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  57. Are you an individual businessman or a business organisation that wishes to expand in business ??, we offer financial instrument such as BGs, SBLCs,MTNs, LCs, CDs and others on lease and sales at a rate of 4%+2% of the face value and reasonable conditionfrom a genuine provider. You are at liberty to engage our leased facilities into trade programs as well as in signatory project(s) such as Aviation, Agriculture, Petroleum, Telecommunication and any other project(s) etc.

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  58. Getting a legitimate loan have always been a huge problem To clients who have financial problem and need solution to it. The issue of credit and collateral are something that clients are always worried about when seeking a loan from a legitimate lender. But.. we have made that difference in the lending industry. We can arrange for a loan from the range of $2,500. to $9500,000.000 as low as 3%interest Kindly respond immediately to this email:
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    ReplyDelete
  60. We have provided over $1 Billion in business loans to over 15,000 business owners just like you. We use our own designated risk technology to provide you with the right business loan so you can grow your business. Our services are fast and reliable, loans are approved within 72 hours of successful application. We offer loans from a minimum range of $5000 to a maximum of $20 million.

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  62. DO YOU WANT A PERSONAL/BUSINESS/INVESTMENT LOAN?

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    Do you find yourself in a bit of trouble with unpaid bills and don’t know which way to go or where to turn? What about finding a reputable Debt Consolidation firm that can assist you in reducing monthly installment so that you will have affordable repayment options as well as room to breathe when it comes to the end of the month and bills need to get paid? Dr. Ezra Sebastian Loan Home is the answer. Reduce your payments to ease the strain on your monthly expenses. Email (ezrasebastianloans@gmail.com)

    DO YOU NEED 100% FINANCE? we give out loans with an affordable interest rate of 2%
    EZRA SEBASTIAN LOAN HOME, (ezrasebastianloans@gmail.com) aims is to provide Excellent Professional Financial Services.

    Our services include the following:

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    * Personal Loans
    * Debt consolidation loans
    * Car Loans
    * Business Loans
    * Education Loans
    * Mortgage
    *Refinancing Loans
    * Home Loans

    We give you loan with a low interest rate of 2% and loan duration of 1 to 30 years to pay back the loan (secure and unsecured). Do not keep your financial problems to yourself in order for you not to be debt master or financial stress up, which is why you must contact us quickly for a solution to your financial problems. It will be a great joy to us when you are financially stable. Email (ezrasebastianloans@gmail.com)

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    Dr. Ezra Sebastian
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  63. I'm Joyce Kane living in USA.I want to share this great testimony on how I got my loan from DAVIS LOAN COMPANY INC..I couldn't pay my bills anymore.
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    ReplyDelete
  64. Hello Sir / Madam,

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    ReplyDelete