Why don't German workers ask for the money they deserve?

Uwlu1
0
Avatar of The Politicus
The Politicus
Jul 31, 2015 04:47 PM 0 Answers
Member Since Sep 2018
Subscribed Subscribe Not subscribe
Flag(0)

German macroeconomy is doing really well. Much better than the other economies within the Eurozone and better than most countries from all around the world. However, workers (low and middle classes) and retired people are not doing better, according to what I have been told by a German. After googling for a while, I have come across these illustrative charts that show that middle and low classes are not making more money (taking into the inflation, the raise of prices):

enter image description here

enter image description here

In particular, the Gini coefficient (that measures income inequalities, the greater the coefficient the more unequal the incomes) grew more than a 15% from 2000 to 2010.

enter image description here

This chart compares German workers' productivity/income to other workers in the Eurozone. The unit labour cost represents the amount of money needed to pay your staff to make one unit of output, one widget. This is a function of two elements, the cost of the staff—their hourly wages—and the speed at which they make widgets, their productivity. :

enter image description here

The graph above shows that the productivity of a German worker has grown much faster than its income. And this seems pretty unfair.

Why do German workers seem happy with this and keep supporting these policies? Are they not aware of this? Why don't they protest so that their salaries get increased?

0 Subscribers
Submit Answer
Please login to submit answer.
0 Answers
Sort By:

  • July 31, 2015