ABSTRACT
This chapter is based on four very simple propositions which are applicable to all societies (part I). 1 It applies them to Communist experience with wage differentiation (part II), and suggests that varying inequality has no effect on Communist growth. It then suggests that top-salaried people under capitalism, reproducing this experience and fulfilling these theories, used to overpay themselves and are now reversing this practice (part III). What I principally hope to do is: to show how moral and political movements can affect what are, after all, market phenomena; to show that these irregular things which occur are, after all, economically possible (for otherwise either they would not be irregular or they would not occur); to show the precise technical imperfections that a market must have to accommodate them; and to reconcile a few shreds and tatters of orthodox micro-theory with the world about us.
