As partners rather than adversaries, we found more to agree about and in doing so, produced gains in productivity, which provided improved financial performance, which was shared with the performers.
We've known since before the French revolution that inequality of wealth has a corrosive effect on society and societal corrosion can only go so far before the center no long holds.
This is an economic issue. We cannot sustain the trajectory of continued drops in average incomes and the consequent diminished tax revenues and pay for the increased costs of an unhealthy society. If we truly want to diminish its costs by increasing individual responsibility we won't do it by increasing inequality of society's wealth.
If we really believe in capitalism, why not share its power with everyone? Refusing to share the rewards of their efforts doesn't motivate producers. It makes individual irresponsibility feel justified.
To borrow a phrase from capitalism: You get what you pay for.
Robert De Filippis
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