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Linklaters handed £2.2m profit share to highest-earning partner in 2010-11

We often tend to forget that wealth creation is done by those at the top and not at the bottom of the social ladder. ==================== Yes you are so right, salaries and wealth in our society reflect the amount of wealth 'created' by someone. A TV newsreader earning £500k creates far more wealth than someone working in R&D at Rolls Royce on £50k. A partner in a law firm helping private equity companies to acquire and asset strip businesses, or helping hedge funds to speculate, creates far more wealth than a worker in a car factory. Only the truly stupid or truly self-interested could believe such garbage. Go to the countries of the future, such as South Korea, China and Japan, and you will see that the attitude there is totally different. Real wealth is created through industry and technology and the development of national infrastructure, not by lawyers.

30-Nov-2011

4:13 pm