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ferragamo79
you are saying employees should make more than owners?
In corporate America, employees do the vast majority of the work, but ownership keeps the vast majority of the surplus value,
generated by those workers. Shouldn't be that way, IMO. Best way to set things up, in my view, at least in the near-term, is employee-owned and operated cooperatives. Which really means, there is no employer/employee dynamic any more. Everyone's a co-owner.
But if we're talking about how things are right
now . . . which we are . . . I think there should be a capped ratio of top to bottom. It's radically increased over the years, which is a huge reason why economic inequality has radically increased. In the 1950s, for instance, the average CEO made roughly 20 times their rank and file. In the 1960s, it was roughly 25 times. Now, it's 400 times. So it hasn't always been this bad.
And back in the 1960s and 70s, you had starting football players making in the 20-30K range, and teachers making, say, a fourth of that on average, depending upon the state. Today? The average teacher makes 50K. So they're making 1/100th as much as mid-range football players. The gap between the top and the bottom has exploded.
