Thoreau72
DP Veteran
- Joined
- Sep 26, 2012
- Messages
- 29,638
- Reaction score
- 7,644
- Gender
- Male
- Political Leaning
- Libertarian
How, exactly, would you go about changing that ratio? My earnings (self employed handyman) are not affected by what a CEO makes, nor is what the CEO makes affected by my earnings. Do you propose that a national pay scale be established by the government - similar to what the GS pay schedule now does for federal workers?
No, I would not favor a national pay scale. I have enough trouble with the Minimum Wage issue.
There are economists and others who know about this. One whose book I have read is Naomi Klein. I am not an economist.
But considering (from memory and notes) that in 1980 the average CEO made 43 times what the average worker in his company made, and that in 2005 that changed to 411 times what his average worker made, something is wrong.
I make no claims to knowing the answer, how to correct something like that, but it is not difficult to understand that such trends and statistics work against the notion that any sort of equality exists on a basic level. Just as they can assign reasons for that disparity, somebody can come up with a solution. Not me, but somebody can.