technocritOct 20

We Desperately Need Maximum Wage Laws

https://lemmy.dbzer0.com/post/55891152

We Desperately Need Maximum Wage Laws - Divisions by zero

With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.

Show threadTheCriticalMemberOct 20
It’s not wages that are the problem, it’s compounding multi-generational wealth. It’s very easy for rich people to make their income zero.
Show threadRemember_the_tooth
Amen. Minimum wage was a good start, but it’s become a mere virtue signal for labor rights. I have no reason to believe a maximum wage wouldn’t function similarly. Furthermore, nominal sums are pretty meaningless with currency anyway. Inflation makes them irrelevant pretty quickly. Progressive tax and social subsidy is what works, historically.
Oct 20 at 5:32amWeb
Show threadQuoVadisHominesOct 20
I worked for a guy that got paid $1 a year. The business paid for everything for him. Wage caps will not work.
Show threadPrathasOct 21
What was his role?
Show threadVeganCheesecakeOct 21

worked for a guy

Probably some variation of owner/boss/CEO.

Show threadQuoVadisHominesOct 21
CFO his dad was CEO. I saw a 27000 Amex bill that we covered.
Show threadQuoVadisHominesOct 21
CFO