Inequality seemed to have been the byword of the year for 2013. Studies documented increases in the gap (or in a few studies, the opposite view) between rich and poor. Headlines, at least in the United States, typically focused on the share of wealth and income accumulated by the top .1 percent or 1 percent of the population. Attention also focused on the fact that people in the bottom 20 percent were not just in low-paying jobs. Unusually large numbers that wanted jobs had none and hadn't had paying work for months.
[This article was provided with permission from Harvard Business School Working Knowledge.]
Yes, lack of proper compensation system is the hurdle. Plus capitalism hasn\'t yet evolved into a fully practical and productive monetary system when it comes to involving and accommodating each and every section of society and beyond the 100% results/fruits of their efforts. That evolution is going on but problem is that we evolve it only when we are threatened and under pressure from the falling economy and other socio-economic problems like unemployment or poverty. There should be government-civil-institutions for capitalism\'s continuous review and evolution with respect to the local and global socio-economic scenes.
on Feb 10, 2014