Friday, February 8, 2013

Income inquality (#1470)

The sure sign of a broken or manipulated economy is an overwhelming disparage in income inequality. When the top 1 percent of the individuals in a society own 40 percent of the overall wealth in a society you can be sure that the gap in income for them and the other 99 percent is too much. The thing is that at the present rate it won't be too much longer before that 40 percent becomes 50 percent. The rules of our financial and labor dealings need to be brought back to a more reasonable compensatory schedule. I am all for the creative, hard working innovators in our society being rewarded for their efforts, but I also believe that the hard working family person trying to raise a family, and those who are just beginning to start their own lives, should be rewarded, although not as much as the innovator but far more than currently exists for them. A healthy economic society sees the value in all the motion required to achieve success. When those in a position of leadership are not satisfied with measured monetary compensation for their efforts along with the prestige of being a leader, then we get what we have now where being the leader is not a reward in itself, on the contrary, it is only a position from where those who have control are able to demand greater than deserved compensation. We are on a track where those who do the regular necessary efforts needed to make any enterprise a success are viewed more like chattel, and not respected human beings. Where the ideology of those who have risen to positions of power do not respect the fact that we all need to do something on this planet worthwhile to make our lives here more than just a drudgery. Income inequality is a bane on humanity and cannot continue without completely breaking what is left of a process that could be aimed at making all our lives better.

No comments: