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! Robert StoneLinden

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.