Written By: Marty G - Date published: 12:53 pm, May 7th, 2010 - 13 comments
The other day I wrote about pay rises for workers. 75% of non-union workers took a pay cut last year. Seems their bosses made off a lot better. Despite all the business collapses and the 21,000 lost jobs, half of all CEOs got a pay rise last year and the typical pay rise was a massive 5% (only 10% of workers got a 5%+ way rise). It’s the essence of class war.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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