[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

maximum wage cap?

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 17
Thread images: 1

File: 3adKV8CC.jpg (42KB, 512x512px) Image search: [Google]
3adKV8CC.jpg
42KB, 512x512px
what are the pros and cons of a wage cap in america? if the highest earning employee can only earn as much as 20 times as their lowest earning employee, what would come out of this? is this socialism?
>>
>>1845874
maximum wage is a CSR issue. govt should not get involved because govt intervention is a slippery slope

>today minimum wage
>tomorrow maximum wage
>the day after tomorrow all wages capped in brackets by the govt
>the day after, commie wage regardless of social role
>>
>>1845874
The idea itself is not socialism because socialism is simply an economic control by government, not implied by the simple idea. In effect, it would require a socialist government to uphold such a system. That said, I cannot think of any long-term benefits to such a system.
>>
>>1845874
I think its a good idea but 20X seems kind of arbitrary.

I dont a problem with CEOs per say. I'm with Thom Hartmann and think that don't think billionaires should exist. 999 million is more than enough for anyone to live on. Anything over that should be circulating back into the economy or be put to communally beneficial use.
>>
>>1845945
>hink that don't think billionaires should exist
damn it. I mean I don't think that billionaires should exist
>>
>>1845946
Why shouldbn't they? They risked the capital or created the product or idea and it was so valuable people were willing to give them billions for it. Why shouldn't they get the billions that people payed for their idea, product, or get the billions returned on their risked capital?
>>
Having a wage cap or not is a moot point. Even if you did a wage cap of a dollar an hour, there are other forms of compensation to get around that restriction.

So why bother
>>
>>1845952
that money when hoarded is no longer circulating in the economy and deprives society. I dont care about what "should" or "shouldn't" happen
>>
>>1845945
Most billionaires have their value in stock. Should there be a maximum on market cap? Iike if it gets to high the company should donate shares to charity etc
>>
>>1846076
Is it really someone's duty to circulate their hard earned money? Or are you just jealous that you'll never have that success?
>>
>>1845932
How is it not government economic control when government is dictating how much one should be paid?
>>
>>1845945
And who would determine communally beneficial use? Most of the time billionaires' money goes to charity. Look at past and current billionaires. Not all sits in some bank account.
>>
>>1846076
The money billionaires receive is likely from capital markets which billionaires circulate their money back into. I.e. alot of their wealth comes from valuations set by the market via the lame excesses of millions of people. I.e. the average person by your definiton is just as guilty with their excess wealth. When you turn 18 and start making money ,if ever, maybe youll realize this
>>
>>1846078
>charity.

Implying charities arent bullshit themselves
>>
Haha hey kids! Great ideas here. Good thing nobody gives 2 fucks what you losers think. Honestly why do you bother having an opinion on this? How entitled are you to even form an opinion? Should mankind build a spaceship to fly into the sun in the year 4000? Oh I see yes mmhmm. Now tell me more about what billionaires should do while you kill yourself faggots
>>
>>1845874
that doesnt work
>>
>>1845874
>thinking rich people got rich from their wages
Why are commies so dumb?
Thread posts: 17
Thread images: 1


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.