dontknowmeatall
2769
73
17
Aug 21, 2018 7:11 PM
dontknowmeatall
2769
73
17
G0MeatCube
romes1
Billionaires will go to a place where they don’t have this cap. Significant capital will leave the jurisdiction, labor will suffer badly.
Dramacian
I'm not into math (yes this is a bait post for whoring points) 240k/y *4 +-= a milllion (no taxes involved) 1000k*1000 years = a billion ??
bosskcradossk
U.S. CEOs earn from 400 to 500 times the median salary for workers. U.K., the ratio is 22; in France, it's 15; and in Germany it's 12.
Nottherealslimshadyjusthisbodydouble
I like the idea of capped salary ratios. But with anything where you're telling someone what to do , there would be so much resistancd
birencall
Socialists love to judge capitalism by its worst-case examples and judge themselves by their best-case intentions.
RTBackup
Swap the two and it's just as true.
birthdaysuit
*love to paint caricatures of capitalism to fit their own ideological messaging.
ShakeAndBake2865
If you’re not satisfied with 240k a year idk what to say to you. Most of the world survives on a dollar a day
iMakeWeeWooSoundsForALiving
Just because you survive on 45k a year doesn’t mean every person in the nation has to be limited to YOUR standard.
ShakeAndBake2865
I dont survive on 45k I make well over that and well under 240k. Just because I’m not a billionaire doesnt mean no one should be. Im content
saiboogu
Bingo! I wouldn't even try saying a particular wealth level is immoral (though the argument is a bit convincing). My biggest beef --
saiboogu
the top tier of a company should not make hundreds of times the bottom. Gotta get that gap down to much smaller levels, maybe (I'm no --
saiboogu
economist) 10x gaps, not multiple hundreds.
birthdaysuit
Damned right you're no economist.
HogRed
1/2 Consider this: Jeff Bezos made $1.7M in 2017. If we took that entire amount and distributed it evenly among his 563,000 Employees...
HogRed
2/2 They all get another $3 for the year.
iMakeWeeWooSoundsForALiving
But that’s math. Why would anyone wanna do that?
TonyZed68
Right! Being rich is understandable, but some people just have so much they just could not do anything with it.
birthdaysuit
Interesting, broke people telling rich people what rich people know about money....
iMakeWeeWooSoundsForALiving
You do realize most billionaires wealth isn’t in a bank, it’s in market shares? They don’t horde it, they buy parts of a company.
bosskcradossk
Source?
iMakeWeeWooSoundsForALiving
Simple economics. Assets fluctuate in wealth, the simple dollar is always worth a dollar. Look up major share holders, they’re billionaires.
Dramacian
Economics. You should try. Wealth, in that case, is the money a person is worth, not his bank account.
bosskcradossk
You think that 99% of wealth being in the hands of 1% of the population is smart? Let me guess..... Not in the 99%
Dramacian
"You think..." No.
stusauce
I'll never understand the philosophy of "everyone else has a right to your money because you have a lot". It flies in the face of liberty.
bosskcradossk
Ever read about how Rome went from a Republic to an Empire? you fucking might want to......
glovelyday
Why? The government has declared it has a right to "your" money even if you have little, so why not if you have a lot? Degree not kind.
stusauce
I don't agree with the government taking my money against my will either. Although about 49% of the population pays no taxes.
glovelyday
Couldn't figure it out, huh? Keep working at it, you'll get it eventually.
glovelyday
You are the government. Don't like taxes? Then you only have 2 choices 3 if you're okay with jail. See if you can figure out what they are.
stusauce
It's a republic, so no, I'm not the government. I mean, this is like 8th grade civics. But nice attempt to look edgy and smart.
glovelyday
Uh, who is it who's is trying to look edgy and smart? No mirrors in your house Mr. Civics? Oh, let me guess, "Libertarian"? Pay your taxes.
CrypticRuin
The ownrr/CEO isn't the problem. Its milking the company for every last cent by investors. Its putting investor needs ahead of employees.
jrrudgate
Companies are literally built on the fact that the investor comes first. No investor no company no jobs.
bosskcradossk
No employees = no company. Noone able to afford rent = no economy. no ability to live = French Revolution
jrrudgate
No investor=no company=no employee=not able to afford rent or goods=no economy.
iMakeWeeWooSoundsForALiving
False. No employees = outsourced jobs. Outsourced jobs = cheap illegal labor. Cheap illegal labor = more profit to the company.
bosskcradossk
=how trump still has any businesses. that and putin's checks
iMakeWeeWooSoundsForALiving
You are like an 80 year old conspiracy theorist. Because none of what you say makes sense, and everyone here knows your crazy.
birthdaysuit
This ignorant drivel is the problem. employees exist to add value to the company; it's why the position was opened, qualifications defined
bosskcradossk
"Slaves are lucky I give them enough to eat" - slave owners
birthdaysuit
Hmmm, comparing free market to slavery....that should hold up well. Too bad you lack marketable skills, maybe you could amount to something
bosskcradossk
Thats a lot of assumptions, turd. I make decent money, I just give a shit about the Insane wage gap thats still growing and the starving ppl
birthdaysuit
Sure you do, slave boy. If you had average intelligence you'd know wage gap and poverty % are in no way linked. Back to work, slave