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High salaries - low wages

The salaries of Europe's managers are extraordinarily high in comparison with the pay received by its workers, writes Irini Chrisolora. "The extremes of capitalism have triggered off a shock in European political systems, where the social dimension has always played a strong role. Several European states have introduced legislation to restore order. ... It is a fact that the global economy has become less egalitarian in the past decade. Profits have risen disproportionately over wages. So Europe is right to react, even if the inequalities in its countries are smaller than in other parts of the world."

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