woensdag 8 juni 2011

Pay gap is too wide, say two-thirds of Britons

http://www.guardian.co.uk/business/2011/jun/05/pay-gap-is-too-wide-say-two-thirds-of-britons

According to a report by some think-tank, over two-thirds of Britons think the government should take stronger action in reducing the gap between high and low earners in both the public and private sectors.

The difference between what the majority of people think people in higher ranks of society should earn and what they actually earn is more than significant. This shows from one question this think-tank asked people, namely what the salary of a chief executive of a large national company should be. The average of answers was £350,579, whereas the average earnings in reality is £1m, which is nearly three times as many.

One might wonder how democratic a country is if the difference between what the majority of people think the distribution of wealth should be like, and what it actually is like, is so big.

I must say I’m not one bit surprised by these results, I consider this kind of picture to be self-evident in any country where the free market plays a significant role in the economical system.

There is always an often vast majority of people who seem either idealistic or begrudges towards people that are “more successful” in getting themselves paid, often somewhat naïve as well (I’m the first to admit I’m in this category). On the other hand there is an elite few who are both intelligent and opportunistic, one might say a bit self-centred as well, who are able and willing to use the system for their own personal gains.

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