Exact(3)
He would play for Cardiff, with his wages shared between the club and the union.
As a result, a prince was inclined to seek the goodwill of his druzhina; he paid the druzhinniki wages, shared his war booty and taxes with them, and eventually rewarded the boyars with landed estates, complete with rights to tax and administer justice to the local population.
The appeal of each is that they offer an easy-peasy solution, which will prevent us doing the hard stuff of working out how Britain deals with the tendency of modern, technologically-driven economies to exacerbate the gap between rich and poor and a fall in the value of wages shared across the western economies.
Similar(57)
So I would test out scenarios whereby the wages share of the economy rises and see what happens to capitalism.
According to the OECD, wages' share of American business-sector income has fallen from 73% to 63% in the past quarter of a century.
So the counterpart of a falling wage share has to be rising corporate surpluses.
The chart clearly shows that Britain's wage share tracked America's closely right up until the recent recession.
Conservative and liberal economists agree on many of the forces that have driven the wage share down.
And while the profit share did rise sharply between 1998 and 2005, the wage share did not decline.
A new TUC study, How to Boost the Wage Share, shows that if the wage share in the UK had been held at its higher 1980 level, growth through the 1980s and 1990s would have been significantly boosted.
Together these policies would close a quarter of the current wage gap (the difference between the 1980 and current wage share) and narrow the dispersion of wages.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com