Robert ReichThe CEO-to-worker pay gap is now 351-to-1. In 1965, the ratio was 21-to-1. Trickle down economics is nothing more than a cruel hoax designed to enrich bankers and wealthy executives.
Kevin Ashworth ☑️@rbreich Tax changes to salaries over $1M didn’t seem to make a difference. Would it be possible (legal) instead to tie maximum salary to a multiple of the company’s lowest wage? If the lowest paid employee makes $40k and the legal multiple is 50, the CEO can make $2M. Any higher salary for CEO leads to a raise for the guy making $40k too.
raboof@kevinashworth @rbreich wouldn't they simply fire the people in low-paid positions and have those tasks performed by companies that provide them 'as a service'?
Sounds like such a measure would lead to quite some costs to enforce and cause inefficiencient behaviour since it gives companies incentive to game the system.
I'm not very into economics, but shouldn't we as customers prefer coops more strongly? Wouldn't those be more likely to make balanced decisions?
@raboof @rbreich I'm sure some companies would start doing stuff like that. My idea is not fully fleshed out! And, yes, I like coops. Here's one: https://drivers.coop/
