Bilan:
Businesses are widening income inequalities
22 May 2018
We must go back in time to grasp this issue, both economic and societal. According to researcher Nicholas Bloom, the profound technological and structural change that has transformed business operations in recent decades is one of the aggravating factors. This American offers an unpublished reading of the widening income differences in the United States by examining the role played by employers. The figures are compelling: the 1% of the better off earn today 81 times more than half of the least rich workers, compared to 27 times more in 1980. According to Nicholas Bloom, this pay gap between companies largely explains the increase in income inequality in the United States. It also accounts for a substantial part of their rise in other countries as shown by research conducted in the United Kingdom, Germany and Sweden. "According to the US economist, the increase in salary amplitudes between companies can be attributed three factors: the rise of outsourcing, the adoption of information technology and the cumulative effects of prosperity.