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Global companies such as Volvo and Ericsson generated wealth while enlightened bureaucrats built the Folkhemmet or "People's Home".
But HealthSouth was not the only public company Mr. Scrushy founded that generated wealth for him and a handful of his trusted colleagues.
We have a tax regime which favours owners, who are likely to be older, and a regulatory bias that rewards buy-to-let landlords with interest-only mortgages – obtained by people who have already generated wealth to invest through the housing market – while it is predominantly young people who still cannot access mortgage finance without prohibitively large deposits: The real issue is about choice.
If that is the case, Brazil will be showing the world that the only way to make sure that the price of progress is worth paying is by consolidating democracy, redistributing generated wealth and acknowledging the cultural and political differences of those for whom political progress without dignity equals retrogression.
It feels as if, in the face of global economic bad news, the Chancellor has retreated to his party's comfort zone, supporting that which generated wealth in the past, while failing to encourage the development of an economy that will underpin prosperity for future generations.
Using the principle of "trickle density of wealth" and incorporating a strategy of internally generated wealth due to improved health and education, the chapter derives the dynamics of wealth.
Similar(49)
Health plus longevity generates wealth.
In work, they pay taxes and generate wealth.
Capitalism is very good at one thing -- generating wealth -- and it serves us well.
Marketing is great, obviously, and endorsements and branding help generate wealth.
Mecca did not generate wealth; it accepted pilgrim taxes and expenditure as its birthright.
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