Letter: Underpaid supported by charity while CEOs overpaid

If we cannot afford to have all of the necessities for a good life, then there is a flaw in our monetary system.

To the editor:

We seem to be afraid of Communism but we should be afraid of Capitalism. How about considering Realism.

Let us look at the facts. We live in a country that is rich in natural resources. We can be totally self-sufficient. There is no need to import products, especially from non-democratic countries and those capitalizing on poverty wages.

There is no shortage of jobs. Just look around us and see the need for road work, the rebuilding of an efficient and safe rail system, the need for new bridges, putting our electric power underground, building hospitals, research in the medical field, and I am sure you can keep adding to these needs.

We are told that we cannot afford to raise the minimum wage to a liveable wage, but we can afford to over-pay CEOs to support denying full-time employment and putting the consumer to do tasks that employees used to be paid for. Just consider the services that we used to get and what we get now.

If we cannot afford to have all of the necessities for a good life, then there is a flaw in our monetary system. To be limited in funds based on a lump of gold or some previous substance buried in a vault, it should be obvious that we need a better system.

If we produce money based on needs, it would be beneficial, but we then would need controls to prevent extortion, and monopolies that are now prevalent.

We have been treating the needs of the under-paid by charity which, at its best, is Band Aid treatment. It does nothing to solve the problems.

We need some real leadership in constructive reform.

Art Ferguson, West Kelowna

 

Just Posted

Cherry growers hope to avoid helicopter use

Extended rainfall can damage cherry crops

Kelowna live-in youth drug treatment program pursued

Fundraising goal for Bridge Youth & Family Services project is to raise $10 million

Second Narrows Bridge collapse survivor remembers tragic day

Kelowna’s Norm Atkinson remembers what it was like to survive B.C. ‘s worst industrial accident

Coldstream standoff suspect enters five guilty pleas

Accused man pleads guilty to five more counts from February standoff with police.

Big summer plans for Big White

A new season has dawned at Big White

What’s happening

Follow Social Squad memeber Matthew Abrey to find out what’s happeing this weekend

Weather office warns of more thunder and strong winds Friday afternoon

Environment Canada says winds could gust at up to 70 kilometres per hour

10 feet from home: B.C. grassfire offers stark reminder how quickly blazes burn

Kamloops woman among first people in B.C. to be told to evacuate home this wildfire season

Happy ending for orphaned bear cubs

Two orphaned bear cubs were captured in Castlegar and sent for rehabilitation.

Platform chosen for online B.C. cannabis sales

Ottawa-based company to create websites for when marijuana becomes legal in Canada on Oct. 17

UPDATE: Police say story of pretend cops ‘arresting’ woman in CRA scam fake

Vancouver police urge people not take calls from anyone saying they’re from the Canada Revenue Agency

Almost 2,400 young athletes set to compete at BC Summer Games

Full list of participants was released Friday for the Cowichan Valley event

Family raises money for B.C. man burned in campfire mishap

Harold Duncan-Williams suffered first, second and third degree burns when his shirt caught on fire

Canucks ink Markus Granlund to one-year extension

Finnish forward’s contract is worth US$1.475 million

Most Read