Rise in US and UK inequality principally due to financialisation and executive pay
The people who ran big companies were always relatively well paid, but the meaning of “relatively well paid” is now altogether different. Finance employs more people, recruits more able people and pays them a lot more. These effects have not been seen in countries, such as France and Germany, that have proved more resistant to financialisation.
Rise in US and UK inequality principally due to financialisation and executive pay Read More »
