I am somehow tired of this discussion, because its superficial. Being now myself in a "CEO" position, I know very well that I have to work hard to make my cut. My employees on the other hand have less pressure, less responsibility, not to speak of common sense and so on and so forth. Marxism clearly failed. Capitalism needs a re-orientation. We have earlier exchanged words on Piketty, Hanauer & Co. But what I ask myself much longer than these macroeconomic questions is why we pay athletes, who evidently contribute nothing to a society's well-being, outragous sums? I know only 10 names of this Forbes Top 100 list - http://www.forbes.com/athletes/list/3/#tab:overall - the reason is simple: because I have no time to watch TV, but even if I had I would not watch others play football, but would rather do sports myself. The question is after all, if not the people which you try to protect with USD 15 minimum wages requirements are those who maintain the dynamics of an unequal society. Society needs to change the way it rewards contribution to common well-being. A PhD student who earns USD 1000 a month for oncological research or a geriatric nurse who earns USD 1200 for dealing with what we don't want to deal anymore should be more rewarded than freaks of nature who provide the arena for hooligans and other blood rushed vandals.
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Great article by Gary Silverman on how the EU curbs entrepreneurial quasi-monopolies of US giants: If there is one thing the leaders of our revolution feared, it was the concentration of power.
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