Dr Neva Makgetla’s column on monopoly power makes a number of valid and important points (Monopoly power needs policy solutions, February 14). However, wage inequality is an outcome of more than monopoly power, it is a result also of historic social and economic factors that the current government has neither the will nor the capacity to address.
What is required at one end is a vastly improved preprimary, primary and secondary education system that will produce productive people rather than largely unskilled unemployables. What is required at the other is a taxation structure that ensures CEOs, who receive excessive gross total earnings, are taxed heavily on both capital gains and income. And much inbetween!