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Well that sounds great. I think it would be better to have a somewhat hierarchical compensation system instead of a flat compensation structure. Who's going t
by briefcomment 6y ago
Well that sounds great. I think it would be better to have a somewhat hierarchical compensation system instead of a flat compensation structure. Who's going to want to do hard and impressive work if the .5x intern is getting rich as fast as you are?
- sudosysgen 6y agoOh yes, of course. Wages would not be flat, they would be determined by a vote of the employees. In real-world examples, people there for longer, that have more education, that do a more demanding job or have more responsibility have different salaries, up to a certain limit of inequality, of course. Even Karl Marx didn't want total equality, he thought (rightly) that it was absurd. Crucially though, the thing is that while wages are not the same, ownership is equal. Most of the wealth would be in shares of the company, not in wages, because wages are needed for consumption and because investment would be much more difficult.