Wealth inequality is the main goal to be honest. A high median net wealth so that people stop being poor in opportunity.
Belgium has 256k USD median net wealth and Germany has it at 66k USD.
Both countries have low income inequality (Belgium 0,26 and Germany 0,29 gini).
Which country would you choose to migrate to in order to increase your family’s net worth?
If you’re wealthy already then perhaps Germany. If you’re poor then probably Belgium.
Don’t get us wrong though, we do this mainly because we have an aging population and are in need of quite some immigrants that can be activated in the labour market.
Major shareholders should be at the top. Execs are usually just the goons getting their hands dirty. They’re explicitly disposable, intended to soak up liability then go away. It’s the major shareholders they answer to, and these are the real agenda setters.
Granted, sometimes you have to go through a few goons to get to the actual boss, and it at least sends a message, but there are always more goons ready for dirty work if the price is right. The major shareholders, however, are publicly known and limited in number (like one-page-of-names limited).
They’re the ones treating the global economy and the health of our planet like a game of monopoly. Once people realize the simplicity of the task, you will start seeing actual players removed from the board, and reform will quickly follow.
Now add in the CFO, CTO, COO, CIO, board members, and major shareholders.
No you see, we have to fix wealth inequality without effecting the personal wealth of the rich.
income inequality*
Wealth inequality is the main goal to be honest. A high median net wealth so that people stop being poor in opportunity.
Belgium has 256k USD median net wealth and Germany has it at 66k USD.
Both countries have low income inequality (Belgium 0,26 and Germany 0,29 gini).
Which country would you choose to migrate to in order to increase your family’s net worth?
If you’re wealthy already then perhaps Germany. If you’re poor then probably Belgium.
Don’t get us wrong though, we do this mainly because we have an aging population and are in need of quite some immigrants that can be activated in the labour market.
I agree, just wanted to point out there is a meaningful difference between those two problems their solutions.
Though the last part of your comment confuses me, do you mean we Belgium or we Germany? And you write do this, but I’m not sure what this refers to.
I’m Belgian
Major shareholders should be at the top. Execs are usually just the goons getting their hands dirty. They’re explicitly disposable, intended to soak up liability then go away. It’s the major shareholders they answer to, and these are the real agenda setters.
Granted, sometimes you have to go through a few goons to get to the actual boss, and it at least sends a message, but there are always more goons ready for dirty work if the price is right. The major shareholders, however, are publicly known and limited in number (like one-page-of-names limited).
They’re the ones treating the global economy and the health of our planet like a game of monopoly. Once people realize the simplicity of the task, you will start seeing actual players removed from the board, and reform will quickly follow.
The people owning the company and the people hired by the people owning the company.
It’s their property and they can choose to pay people as much as they want.