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How the super-rich just get richer (BBC) {"Superstar Premium"}

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-29-07 11:50 PM
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How the super-rich just get richer (BBC) {"Superstar Premium"}
By Helen Williamson
BBC Money Programme

Britain has more rich people than ever before, and it is not just footballers like David Beckham and Wayne Rooney.

With a global economy, successful people in all sorts of professions can now command global-scale pay packets.

The mega-successful at the top of their profession are taking advantage of a phenomenon known as the "Superstar Premium".

Advances in multi-media technology mean that today's superstars operate in a global marketplace.

By being the best in their field, they attract a disproportionate amount of business compared to less successful competitors.
***
more: http://news.bbc.co.uk/2/hi/business/7118991.stm

Shades of the Winner-Take-All Society: http://www.amazon.com/Winner-Take-All-Society-Much-More-Than/dp/0140259953
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-29-07 11:55 PM
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1. I'm beginning to understand steroids a lot better now.
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TheBaldyMan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-30-07 12:11 AM
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2. UK tax laws allow multi-billionaires to pay minimal tax rates,
plus our financial oversight is criminally negligent. London - money laundering capital of the world.
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AX10 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-30-07 12:15 AM
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3. Please don't get offended.
But I have never liked England. I always saw them as being imperial-tyrants and a bastion where the rich could get away with murder. The same may be said of Switzerland and Lichtenstein.
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