Is Fox news unironically the best place to learn about your new favorite social dem?
this post was submitted on 25 Jun 2025
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This would assume that these same businesses wouldn't raise prices regardless, which is what they have already been doing, without the wage increase.
A higher minimum wage is how you force companies to pay employees more. There's no real way to limit ceo pay that they won't find loopholes for, but you could try to tie the max to some upper percentage of employee median pay
I think a potential solution to CEO pay and inflation, would be to set absolute income tiers for UBI and jobs. Work as a waitress? You get $40k a year, no more or less. Don't work? Just $10k, plus everyone gets universal benefits such as free food packages, universal healthcare, and utilities. The highest paying job? $100k. This isn't considering taxes, which effectively turn the $40k to $30k, and the $100k to $60k. This essentially means that a CEO is only twice the income of a clerk, so the market will be forced to set pricing of goods and services to reflect that.
Of course, advocates of malicious capitalism would scream bloody murder, talk about how some people deserve 1,500x the wage of an average person, and so forth.
Bluntly, I hate the excessively wealthy and want their excess to cease existing. They are a distortion that destroys lives. If there are distortions, they should be the kind that benefit EVERYONE. Not just Bezos, Musk, or Trump.