Friday, August 26, 2005

Capital Blasphemy: Maximum Wage

"Forbes reports that the combined compensation of the chief executives of America's 500 largest companies rose 54 percent last year..."

- while us working slobs continue to lose ground.

Here's a radical idea, and one that I'm sure has been quashed by politicians before: why not have a "maximum wage" (i.e. The maximum multiple you can earn, in wages and benefits, over and above the wage and benefits of the lowest paid worker in your company). Prove to all of us that a "a rising tide floats all boats" - like the Republicans used to argue during the "trickle down theory" debates of the 80's (what a crock of shit that turned out to be). A rising tide is only good for those who OWN the boats - the rest of us are still treading water or drowning.

Maximum wage: It's just, It's fair - which means it'll never happen.

No comments: