The politics of envy
Are alive and kicking - with some vigour - on the eastern bank of the Rhine:
"Some 68 percent of those [polled] were for a ceiling on salaries for well-paid managers, whereas only 29 percent were opposed. In former communist eastern Germany a whopping 77 percent backed capping what corporate fat cats make. The survey...comes amid a political debate in Germany whether the government should try put prohibitive taxes on high salaries to discourage widening income disparity".
Note the procrustean approach here. Nothing to do with whether the salaries are justified or not, but rather that they should have a ceiling set in the interests of 'social justice'.
One might note that the CDU/CSU polled 35% at the last election, and the FDP (Genschman's old lot) 10%, so there are some very confused conservatives & liberals.
"Some 68 percent of those [polled] were for a ceiling on salaries for well-paid managers, whereas only 29 percent were opposed. In former communist eastern Germany a whopping 77 percent backed capping what corporate fat cats make. The survey...comes amid a political debate in Germany whether the government should try put prohibitive taxes on high salaries to discourage widening income disparity".
Note the procrustean approach here. Nothing to do with whether the salaries are justified or not, but rather that they should have a ceiling set in the interests of 'social justice'.
One might note that the CDU/CSU polled 35% at the last election, and the FDP (Genschman's old lot) 10%, so there are some very confused conservatives & liberals.
Labels: Class war, Germany, Sane economics
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on Tuesday, May 06, 2008 at 8:51 am.
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