Everybody wants to be wealthy, which is usually measured in terms of GDP (GDP: the sum of all domestically produced goods and services). While this is important to our life, it is clearly not enough. Also, the value of existing goods and of nature is not taken into account, even they very important for the…
Tag Archive: Germany
Income Inequalities – Germany Repeating the US Disaster
In Germany market economy is social, unions strong and income disparities refreshingly small. While not completely wrong, this is not quiet true anymore. New figures suggest that in the last decade despite rapid economic growth and exploding wages for already high-income earners, the lowest income class has suffered a significant net loss in purchasing power….
