Agreed but they really need to stop the rhetoric about free market economics rewarding the most productive, useful people. Maybe I should have called it insincerity. They will happily go to Moscow or Mumbai and pay less. Any ambition you have for a good life with a high salary will negatively impact your ability to be hired.
The market does reward the most productive, useful people. Employers seek to pay as little as possible while employees seek to earn as much as possible, and they meet in a mutually agreed middle. Try to at least understand the 101 before giving us your socialist schtick.