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How far should government go when promoting economic equality?

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Presentation on theme: "How far should government go when promoting economic equality?"— Presentation transcript:

1 How far should government go when promoting economic equality?

2 Compare the statistics provided in the chart. How much money is left for food, clothing, entertainment, personal taxes or savings?  2007 - Living in Calgary  RentMinimum Wage FT Job  $13 087/yr$16 640

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4  - A key value of liberalism  -How can it lead to inequality?

5  Is it up to the government or is it up to the individual to address economic inequality?

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7  Page 322 - look at the quote in the middle of the page, and make some point form notes about the Canadian Human Rights Act

8  Page 322 – take notes that include  -1960 – 1970  -Government took control of education to do the following things:  -preparing students to better…  -more accessible Francophone….  -create more ec. Equal opportunity for…

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10  No barriers should stand in the way of any individual who wants to achieve economic success.  Affirmative Action – born out of the Civil Rights Movement of the early 1960’s.  Hiring and employment practices were to be free of racial and gender discrimination.

11  What are the  Positive effects?  The negative  Effects?  Read p 324 –  respond to #3.

12  Many opponents of classical liberal values (economic freedom, self-interest, competition, and private property) point out liberalism is an ideology that allows individuals to accumulate all the wealth they can, and forget about the welfare of others.  John Maynard Keynes 1936 pushed for a more equitable distribution of money than that experienced during the Roaring 20s. During the Great Depression over 25% of the workers were unemployed, banks were closing, and wages dropped 43% between 1929 to 1933.  While Andrew Carnegie and other “captains of industry” amassed huge fortunes, Keynes and others concluded that economies based on complete economic freedom were not workable. Rather most economies should have a mixture of private and public enterprises in order to benefit the people.

13  MAN OF WISDOM DURING TIMES OF RECESSION

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15  -Gov’t intervention to address the economic crisis of the Depression.  -spent large public works projects so that many people were able to work again and earn money. (massive deficit spending)

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17  Make a T Chart to display the positive and negative of progressive taxation.  P 330

18  Social policies reflect on the need for common good  What are some examples of social support in Canada?  What is a social safety net ( p 333)?

19  Type 2 essay - 20 – format, 5 - outline  Economics – use your Soc St knowledge from this Chapter!!!!!!


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