In the News (from Finmarket.ru): “The 1 % of the richest in the West dominates political decisions. Income inequality has become increasingly important in political and economic life in the U.S. and Europe.
“The main question is how to tax the 1 % of the richest (those whose annual income exceeds half a million dollars). A tax on super profits has become one the reasons for discord between Democrats and Republicans. The ratio between the income of the richest and the poor is 14:1 in the U.S., and 6:1 in the EU.”
My Comment: Everything is measured relative to the rich and the poor, and that is why the question arises: What should the ratio between them be to produce protest actions like “the Arab spring” in the U.S. and Europe?