XPost: sci.econ, alt.society.labor-unions   
   From: droleary@1usenet2014.subsume.com   
      
   For your reference, records indicate that   
   Topaz  wrote:   
      
   > We should have a law that business leaders should not be allowed to   
   > make more than 10 times the average wage of his non executive workers.   
   > This shares the wealth.   
      
   Only if you have a naive world view.  In reality, executive compensation   
   comes in many more forms than the wage they are paid.  There are, for   
   example, many CEOs that have already set a token $1/year salary for   
   themselves, but get all sorts of perks and stock options that most other   
   workers have no chance of getting.   
      
   The main problem lies in the corporate hierarchy itself, which creates an   
   “artificial demand” for executives.  If you want to introduce an   
   additional set of checks and balances, it should be within the corporate   
   structure.  Unfortunately, despite there being many ways to flatten   
   corporations into more cooperative units, that does not (directly) benefit   
   those who are currently running them, so such internal changes are   
   unlikely to be made.  Instead, labor that can be decoupled tends to get   
   outsourced as a way to both maintain control and seek short-term gains.   
   Such actions ultimately undermine the economic base, but you don’t care   
   much about that if you’ve made yourself a billionaire in the process.   
      
   --   
   "Also . . . I can kill you with my brain."   
   River Tam, Trash, Firefly   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)