Welcome to Religious Forums, a friendly forum to discuss all religions in a friendly surrounding.
Your voice is missing! You will need to register to get access to the following site features:We hope to see you as a part of our community soon!
Is there something Henry Kravis wants but can't afford to buy? Seems unlikely: according to Forbes, he's worth $2.6 billion. So is he addled by greed or what? Kravis, Stephen Schwarzman and other princes of private equity (the financial deal of the moment) have been visiting Congress and wielding their checkbooks in an effort to save a tax-code provision that allows them to pay an income tax of 15% rather than the normal top rate of 35%. Have they lost their minds?
Well, once you give the government the right to limit one man's wage, you've opened the door for the 'Man' to dictate everyone else's salary as well. Without any doubt, that is one of the most dangerous and stupid ideas ever conceived.:149:Does anyone know much about the implications of pegging CEO salaries to the lowest paid workers of the company?
Perhaps. As I said, I'm not 'clued-up'. However, as far as I know, it is not a cap on wages, but a link between them in the interests of equality (and, of course, social and economic justice).Well, once you give the government the right to limit one man's wage, you've opened the door for the 'Man' to dictate everyone else's salary as well. Without any doubt, that is one of the most dangerous and stupid ideas ever conceived.:149:
Does anyone know much about the implications of pegging CEO salaries to the lowest paid workers of the company?
I've read one or two brief articles but I don't have any idea of how practical or beneficial it would be.
Well, once you give the government the right to limit one man's wage, you've opened the door for the 'Man' to dictate everyone else's salary as well. Without any doubt, that is one of the most dangerous and stupid ideas ever conceived.:149:
Top pay for top dogs in a dog eat dog world. No need to be alarmist about CEO salaries. Better off getting heated up about wealth distribution in society overall.
Top pay for top dogs in a dog eat dog world. No need to be alarmist about CEO salaries. Better off getting heated up about wealth distribution in society overall.
My point is, getting all steamed up about CEO salaries that are symptoms of wider inequalities is wasted energy.Well that's the point, Ozzie. CEO salaries are an indicator of problems in wealth distribution.
Who exactly is "the Man"?
The dude at the top. The man who signs the checks, or has someone sign them for him.