text: Noam Chomsky is talking about the US where the rich are way richer than in Canada. 
  And what make Noam Chomsky right? He ignores the fact that the current economic system has brought unparalleled prosperity to most in the western nations.  Its not perfect but better than his alternatives
  
  You also don't understand the biggest shareholders today are institutional not  individuals. The biggest shareholders in Canada are pension plans especially public service pension plans. 
  
  The vast majority of 1% in Canada work for a living, most are professionals (doctors lawyers, accountants) or senior  management in companies. Not the idle rich who are very few in number. The medium income for the 1% in Canada in 2014 was $313,000  which is more upper middle class range, 
  
  Wrong. High divorce rates are much more prevalent in lower income households. It is economically devastating for those who go through it.