They will just circumvent those. What we need is to stop celebrating the anti-social accumulation of too much wealth and work to revert that.
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I mean I'm still thinking of you have more money than you and all your currently alive descendants could possibly spend in their lives, you shouldn't be able to receive any money for anything at all.
And once you cap out how much you are able to spend personally, anything you get at that point should already be at least halved, if not stricter.
No idea about specific numbers, but I like this as a starter.
There shouldn't be any billionaires at ALL. And very few multi millionaires. And by "multi", I mean I'm the double digit millions. That should be the extreme high end. Nobody needs that much, even with today's prices.
No chance anything that actually attacks inequality ever gets implemented through existing legislative channels.
Could the United States Follow This Lead?
😂
Switzerland had a vote on this in 2013. Max would be 12x the min. The motion lost thanks to corporate propaganda.
But there is the shining example in the Basque region of Spain... in Mondragón, the highest and lowest paid workers in Mondragón, for example, remains about six to one.
The problem of this is always the same. Contractors. Is your janitor holding the wage of your CEO down? Easy fix, you are the CEO. Fire the janitor and hire a cleaning company. Since the employees of the cleaning company are not your employees, their wages are no longer relevant.
At some point, the CEO can just have its own company of 1 employee (himself) which owns 100% of the stakes of the real company, and he can also be CEO of the real company. The real company would just pay massive amounts to the CEO company for "IP" or "consulting".
This policy can be implemented voluntarily by companies, but I don't think a government can make a law to implement this policy without obvious loopholes.
None of that would matter if Switzerland also set a minimum wage.
I don't see what Switzerland has to do with any of this. And why it would be fixed if Switzerland set a minimum wage.
I told you: Switzerland is the only country to have held a referendum on maximum wages.