3 ms·
It's true that income disparity is natural, and I would argue that it's good up to a point. We don't need everyone to earn the same and have the same standard o
by rapind 7y ago
It's true that income disparity is natural, and I would argue that it's good up to a point. We don't need everyone to earn the same and have the same standard of living. Work harder, make more! We just need to ratchet down the greed and manage the gap a hell of a lot better. I suspect an income ratio at or under 8:1 is sustainable, not 300:1 like we have now... especially since many of 300:1 mega-corps are subsidized through massive tax breaks.
This doesn't have to be Russian oligarchs in charge of your bread rations. We just need worker co-ops, aka democracy in the workplace. See https://en.wikipedia.org/wiki/Mondragon_Corporation https://en.wikipedia.org/wiki/Mondragon_Corporation for a working example of an alternative.
Say you're an experienced developer. Maybe it would be OK if you only made twice as much as the lowest paid individual at your company? Maybe it would be OK if the CEO only made three times as much as you?
- core-questions 7y agoI am okay with that ratio decreasing, but I don't see any way that that has any hope of being accomplished via policy changes any time soon.
- rapind 7y agoI don't think it has to come too heavily from the top... if it does, then it starts to smell like already failed socialist experiments. Here's a few ideas that couldn't hurt though: 1. No more excessive corporate tax breaks. 2. No more offshore tax havens. 3. Equal footing for co-ops (subsidies, startup loans, etc.) 4. Teach alternatives to capitalism in schools, or least to think about capitalism more critically (this one's a stretch, it's already like a religion). Other than that, I think it needs to come from the bottom. If worker co-ops really are better places to work then the word will get out once there's more of them.