Wouldn’t that just lead to splitting off of cheap companies, with pro-bono ceos that get paid more by the parent company through side channels? I don’t think there’s any fixing it with these kinds of laws, as they’ll just find loop holes to circumvent it.
maybe if companies were forced to be democratic so figurehead ceos could be ousted by the underpaid workers, but at that point it’s not capitalism, but socialism. and that’s how it usually goes imo, the workable solution to capitalism turns out to be not-capitalism
Not a bad idea. Except generalize it to max ratio between highest pay and lowest pay within a company.
Wouldn’t that just lead to splitting off of cheap companies, with pro-bono ceos that get paid more by the parent company through side channels? I don’t think there’s any fixing it with these kinds of laws, as they’ll just find loop holes to circumvent it.
maybe if companies were forced to be democratic so figurehead ceos could be ousted by the underpaid workers, but at that point it’s not capitalism, but socialism. and that’s how it usually goes imo, the workable solution to capitalism turns out to be not-capitalism