As money is historically, and practically, a public good in terms of the value of labor we must have a rebalance of distribution in percentage terms at least. Over the last thirty years, my entire life, we have consistently seen executive pay, compensation, and corporate profits soar and outpace inflation by a ridiculous amount while wages have remained stagnant and outpaced by inflation. As a public good, it is the government’s responsibility to adjust distribution. Since only the market can determine price through a supply demand metric the only way for the government to do this is to adjust taxes and or rates for a more equitable distribution of money. Problem is that with inflation outpacing wages we have come to a point where people are less able to afford the inflated price of goods without seeing an increase in wages as the real value of goods is no longer reflective of the real value of labor.
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