With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
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.
I worked for a guy that got paid $1 a year. The business paid for everything for him. Wage caps will not work.