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Why Great Leaders Listen

18-04-2019

There is something remarkably powerful about listening. Those who know Melinda Gates well--and even some of those who have met her just once--remark at how good she is at this skill. Geeta Rao Gupta, a former staffer for the Bill & Melinda Gates Foundation, who...

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Chef José Andrés Won’t Wait for Permission to Feed the World’s Hungry

18-04-2019

The staff of Fortune recently assembled our 2019 list of the World's 50 Greatest Leaders. This story is part of that coverage. In March, chef Jos? Andr?s descended on Manhattan to prepare for the launch of a fresh addition to his restaurant empire--a 35,000-square-foot Spanish food...

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This Is the Emotional Quality That the World’s Greatest Leaders All Share

18-04-2019

When Anna Nimiriano goes to work in the morning at the Juba Monitor newspaper in South Sudan, she may not have to worry about getting fired. She's the editor-in-chief. But she does have to worry about being jailed or even killed. The authoritarian government frequently...

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Walmart Exec Explains Latest Play in Fashion Destination Plans: Kids’ Brand-Name Clothing Subscription Box

17-04-2019

Walmart.com is further burnishing its ambition as an affordable go-to fashion retailer by embracing the e-commerce trend of customizable subscription boxes. But instead of elbowing into the crowded women’s apparel subscription arena, the discount giant is delivering upmarket kids’ clothes--such as C&C California dresses, BGBG pants...

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North Korea Test Fires ‘New-Type Tactical Guided Weapon,’ State Media Reports

17-04-2019

North Korean leader Kim Jong Un supervised and guided a test firing of a "new-type tactical guided weapon," state media reported, in a move probably intended as a provocation after nuclear talks with U.S. President Donald Trump stalled. The Korean Central News Agency's report didn't refer...

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Brainstorm Health: Zombie Pigs, Bubble Boy Therapy, Human CRISPR Trials

17-04-2019

Hello and happy hump day, readers. I’d like to preface this by saying, we live in interesting times. Times of gene editing and cancer immunotherapy, pictures of black holes 55 million light years out, and, apparently, zombie pig brains. Yale researchers say they were able to induce...

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TheOpinionPoll.com: 2019 Important Issues

 

When it comes to the efficient delivery of goods and services, capitalism is the proven economic model that puts people to work and products on the shelves. Whether those jobs end up paying enough money to purchase the items on those shelves is another matter, however. 

The truth is that while capitalism is an excellent vehicle to promote consumption and opportunities for expression of economic freedom of choice, it is not ideally suited to ensuring that everyone has the wherewithal to avail themselves of those opportunities. With the myriad of threats facing our nation, perhaps the most dangerous is the growth of income inequality between the top one percent of the nation and the remaining 99%.

Importance of a Middle Class

As a nation we celebrate the presence of a once robust middle class, and while politicians are quick to give lip service to this critical economic segment of society, their tax and monetary policies are eating into the savings and importance of this group. This fact can be seen in the erosion of the middle class purchasing power as their influence is siphoned off in favor of upper income and corporate tax breaks.

Regrettably, the"idea" of a middle class requires more than lip service during the occasional electoral cycle to make it a viable social, political, and economic entity. The fact of the matter is, a vibrant middle class only arises when nations make the decision to foster that development.

The recent protests for an increased minimum wage are part of a larger global protest. The purpose is the same for low wage earners all over the world; increase wages to match the cost of living, and allow workers to form unions if desired and needed. The global protest has gained media attention all over the world, but critics claim that is the only accomplishment the movement will have.

People working minimum wage jobs, especially in the fast food industry, started a movement a year and a half ago to educate people about fast food working conditions, how little they're paid and how they can't pay their living expenses for themselves and their families. The problem they claim is that too many people still believe that high school and college aged young people mostly hold fast food jobs. These jobs don't need to be high paying because it's just extra income for kids to buy things they want. The reality is quite different. The majority of people working in fast food are adults who often rely on that minimum wage job to pay for rent, utilities and to support families. Most families working low-paying jobs like those in fast food often supplement their income with food stamps, Medicaid and cash assistance. This shifts the burden of supporting these people onto the taxpayers.

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