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I’m curious why the worker pay ratio matters. If the issue is people not liking high paid leaders why not simply have a maximum wage and/or wealth?
by endisneigh 3y ago
I’m curious why the worker pay ratio matters. If the issue is people not liking high paid leaders why not simply have a maximum wage and/or wealth?
- teaearlgraycold 3y agoI like both of those ideas. A maximum income tied to GDP per capita.
- logicchains 3y agoAll this does is encourage all the most successful/productive people in your country to move somewhere else, leaving your country poorer and less productive.
- logicchains 3y agoBecause if you enforce a maximum wealth, anybody with any kind of ambition is going to leave your country and you'll be left without any entrepreneurs, and hence no creation of new businesses or jobs.
- endisneigh 3y agoCouldn’t the same be said about a ratio between ceo pay and lowest worker?