I don't know that there would be much of an effective difference between a 90% tax bracket and your 100x scenario. I must admit that I haven't given it a lot of thought. I was roughly thinking that if there is a max spread of salaries it doesn't really matter if the spread goes from $10K to $1000K or $20K to $2000K because the companies would tend to stabilize around the same numbers as each other anyway == an effective national minimum wage. Again - I haven't given it a lot of thought.
I will take exception to the "communism will evolve idea" -- there is no reason why it would. Thinking that it's a 'goal' of evolution implies a Guiding Hand. Evolution has no goal and most species go extinct.
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timeasmymeasure
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Date: 2009-04-09 01:50 pm (UTC)I will take exception to the "communism will evolve idea" -- there is no reason why it would. Thinking that it's a 'goal' of evolution implies a Guiding Hand. Evolution has no goal and most species go extinct.