Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
What if the argument went like this: for companies to be competitive, salaries should be larger to create larger disposable incomes, increase the national tax base and boost both personal and public discretionary spending?

Not very relevant when you're a small export dependent country, I'm afraid. Only massive countries can create their own demand, if their economy is based on the manufacture of high tech machinery and the products generated by the application of high tech machinery.

Or like this: for companies to be competitive, shareholder and management compensation should be limited in the short term, to maximise investment and shareholder return in the medium and long term?

Witness all long-term viable companies...

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Thu Dec 23rd, 2010 at 04:05:41 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Occasional Series