In times of economic difficulty we are all urged to pull harder to get us through it. It seems we are slow to take this on and we must have incentives.
If we are poor, the great majority, this is best achieved by reducing wages, cutting benefits and raising unemployment. That will urge us to greater effort.
If we are rich, the tiny minority, incentives mean higher salaries, dividends, bonuses etc for only if we get paid (lots) more will we contribute more. One law for the rich and another for the poor. What about democracy - government of, by and for the people - well at least the majority? Democracy sadly went the way of the Dodo. It is extinct. We now have plutocracy, government of the people, by the rich and for the rich. It does not need to be so. We are the majority and we can have our needs addressed.
This insight is not new or original but it is true and I thought I would share it with you. You know what to do to fix this.