Not gonna watch. If we want to artificially limit pay I've been saying 100 bucks an hour for years. Brain surgeon gets 100 bucks and everyone else gets a number in relation to that value. Janitor gets 5 Lawyer gets 2 Policeman gets 65 We can vote on who gets what.
Ok, just watched it. Nope. We should make it so if you have a job you can't qualify for government assistance. If Walmart can't hire someone because it isn't worth it maybe they'll pay more. If people would rather live on government assistance than work at Walmart they'll close the doors. This is all too late anyway. There's going to be so much automation that tons of people who work now won't be able to find a job.
Then maybe they'll have to pay more to get employees to rake in the dough for them. Nobody is forcing them to work there. The problem with this line of thinking is that the 100 million bucks isn't really anything but a number. . There isn't any gold to back it up, it's all a house of cards waiting to fall. Enjoy it while it lasts.
NO problem with a maximum wage for EMPLOYEES. Owners who invented their product, should make as much as they can. Its their idea and their right to profit as much as they can from it.
Even if doing so harms society/humankind generally? Hypothetically, I mean - you probably wouldn't be ok with the inventor of fentanyl selling it in grade schools, right? So there are limits? barfo
Jessie is dang close to a moron. But in any case our system already does limit people without involving government. I mean look at the CEO of Montgomery Ward. Once the retailer that everyone knew. They even search for the products while tending to personal business. They don't make much money now though. Kmart is about gone, as is Sears. Is the CEO of J.C. Penny's a fat cat these days? WalMart is riding high, but some thing tells me they own way too much real estate. I don't suppose the volume would need to drop much and those property tax bills in all these cities would get real heavy. Shoot a simple tariff on Chinese trifles might do it. CEOs and owner that can't pay their property tax bill don't make much. Their workers don't get a fucking raise either.
You're babbling to yourself. If you want anyone to follow your reasoning, Sentence B should follow from A, C from B, D from C, etc. Continuity.
Somewhere, some kid in Haiti is posting on a message board that no one in America should make over $25k a year and everyone that does is a scumbag!
I wouldn't say it's the "stupidest" idea ever (don't get me wrong, it's pretty dumb, but...) For instance, in the military and gov't there's a "max salary". In the NBA there's a "Max Salary". In most unions there's a "max salary". Aside from the NBA (they got nowhere else to go!), you don't see the highest quality people stick around for the money. And if you don't have some other benefit in place ("sense of duty", fulfillment, etc.) you're not going to see a lot of rising talent stick around. Put another way, FaceBook never becomes anything if Zuckerberg only ever makes 100k/yr off it, and every dime of profit goes to paying the entitlements of someone not working for the company. In this manner, I agree with much of Atlas.