...and about twice what it was 50 years ago. How have Sweden, Japan, France, etc. managed to keep income inequality around postwar lows while America hasn't?
Not sure, but it seems in France the situation in degrading. The same 1% being richer while workers / students waiting in line for food charity stories were common. Part of it might be due to COVID, but I can't shake the feeling that business management (influenced by anglo-saxon/american culture) is harder than before and squeezes employees. Not only a feeling, I worked on precarious jobs that shouldn't exist, and we saw employees having materially impossible daily duties (due to bad software unable to organize things).
I suspect that people self-manage a lot more if the pay is right. If they stop doing that it seems like you need a more expensive manager, or perhaps you do.
agumonkey|1 year ago
6510|1 year ago
jsnider3|1 year ago
cvwright|1 year ago
They didn’t import millions of poor people to do all the dirty or unpleasant jobs in their countries.
Hikikomori|1 year ago