Friday, August 22, 2008

Equal wages for equal-ity

Equality works best.

As our wealth gap grows, our longevity shrinks. (The biggest predictor for the health of a nation is the wealth gap. A large gap destroys social cohesion creating a ruthless and highly stressful society. Even rich people don't live as long!)


One way to create a stronger and larger middle class is to start doing something about corporate salaries. They're doing this in Europe, particularly in Holland. As the report says: "Europeans have become too accustomed to living in relatively equal societies to tolerate American-style executive pay."

You not only need a minimum wage, but a maximum wage as well.

1 comment:

risa said...

>You not only need a minimum wage, but a maximum wage as well

I have always thought this. Say, about $30,000 for a trash truck person or vegetable truck farmer and around $15,000 for a CEO ... less if all they do is spin derivatives out of derivatives. ;)