Rapidly rising incomes at the top of the scale mean that inequality has grown enormously in the past three decades–and critics argue that mature market companies and society are paying a high price for low wages. Until the early 1970s, whenever productivity rose in the developed world, wages rose too, as in China today. […]
The Rich and the Rest 1: What Higher Executive Pay means for Corporate Growth
In this series of articles, we take a look at the business impact of the global divergence between the rich and the rest of society. In the first one, we examine what the rise in executive pay and income disparity means for corporate growth. Across much of the world today, the slope to the top […]
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