> did you know that insanely high salaries of a select few is one of the reasons that directly or indirectly leads to income and wealth inequalities in the world, one of the biggest problems of our generation?
Yes, but it's not the engineers and other well-paid workers that are the problem. They are still workers - they get paid for wealth produced. It's the insanely high incomes - which are mostly not salaries, BTW, but capital gains - of the top management and owners where all the money (that would otherwise have stayed in the pockets of those who actually earned it) goes.
Europe patches it up by taxing the entire top half of the scale more, and redistributing it to the bottom half - but it's still a hack, and it still has substantial wealth inequality as a result.
Yes, but it's not the engineers and other well-paid workers that are the problem. They are still workers - they get paid for wealth produced. It's the insanely high incomes - which are mostly not salaries, BTW, but capital gains - of the top management and owners where all the money (that would otherwise have stayed in the pockets of those who actually earned it) goes.
Europe patches it up by taxing the entire top half of the scale more, and redistributing it to the bottom half - but it's still a hack, and it still has substantial wealth inequality as a result.