I would like a law

[lynxreign]

It is a simple law.

No employee of any company at any level can make more than 100 times the lowest paid employee of that company.

You're paying someone $20,000 a year, then you can make 2 million a year. Want a raise? You have to raise the salaries of the lowest paid employees.

Now, tell me why you don't like my law.

Comments

I'm also saying horrible company tha treats its employees, customers and communities like shit.

[chaoticmoth.livejournal.com]

And yet they are one of the most successful companies around. Why? Because they provide their products at a lower price, benefiting everyone who shops there and saves money. And why do people work for them? Because they provide jobs. And why do communities allow them in? Because they provide tax revenue.

[lynxreign.livejournal.com]

Except that these are all examples of short-term thinking.

Communities allow them in becuse they'd have to perform amazing legal tricks to keep them out.
Wal-Mart runs other businesses out, damaging both the community and the tax-base.

Why do people work for them? Because a job is better than no job, much of the time, and WalMart has eliminated most other jobs in the community at that level.
Wal-Mart provides substandard jobs and eliminates competing jobs, harming the employees. Not every job is a GOOD job.

They provide lower prices, but at the cost of community and their employees who would be better off paying a little more while earning more.

They're successful because they've managed to screw everyone from suppliers to employees to communities all in the goal of the highest profit for the CEOs.