Youmanitarian 07 Jun 2021

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We're making local issues like education inequality #UNIGNORABLE

Youmanitarian · 16 Bekeken

Wage inequality

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The inequality in wages, especially in the US, is discussed. Data is presented, showing how much senior managers enrich themselves at the cost of the majority of workers. Governments try to address this through income taxes, though it carries some problems of itself. Alternative options are presented; one idea is to represent all workers on the wage committee of firms. Another is to link the highest wage to the lowest wage within any firm. Advantages of these ideas are higher income levels for the poor, increased productivity and happier citizens.

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