The 'Phoenix' of wealth

Prepared by a group of renowned economists, the Phoenix Report is undoubtedly a relevant contribution to public discourse. Those who form — we form — opinion in the media often attribute a good part of the problems we have as a society to something called the economic model a large part of the problems we have as a society, and not infrequently we write or say that a change, or changes, are needed in this model. Well, Phoenix Report incorporates the forecast that it will be ten million by 2050). incorporates the forecast that it will be ten million by 2050).Phoenix" is fixed. And it is true, as its authors indicate, that workers with excessively low wages do not contribute enough to cover the services they will use throughout their lives, thus “contributing” to the deterioration of the economic fabric and the impoverishment of the country as a whole.

However, these workers who receive low wages are exploited by employers who are also supported by rulers and employers' associations that back them in these exploitative practices. In other words, workers would "contribute" significantly less to collective impoverishment if they received decent wages, if they did not suffer from seasonality and precariousness, if their children were not destined for premature abandonment of studies, and if, in short, the inequalities between rich and poor were not increasingly accentuated each day. There is a serious productivity problem, certainly, which is linked to another, no less serious, problem of poor wealth distribution and a broken social ladder.