#standards of living
Calls for Social Justice and talks about wages have been hyping in Egypt, but why does inequality matter at all economically? Many people in the Egyptian political arena call for the termination of strikes until Egypt overcomes the heated transitional period. Their argument lies upon the idea that stability in itself would guarantee an increase in wages and consequently the attainment of a rather narrow-view of economic justice. The policy prescription goes on with the recommendation of austerity measures in…
