this post was submitted on 27 May 2025
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Employees should have to approve executive salary
Agreed. Employees should also have ownership in the company via profit sharing or ESOP.
If the internet has taught me anything, it's that would be a bad idea.
I agree that executives make FAR beyond what they should.
What would end up happening is the internet would be trolls, and say the executives either make 500 billion per day, OR they make 1 penny per year.
Both of which mean every single company folds very quickly. Which means no more electricity. No more water. No more grocery stores.
I think a healthier solution is to regulate the concept of capitolism so it ties the whole of an industry (not the individual companies) to be only able to charge what the lowest tax bracket can afford. Then tax the wealthy the highest, and the poor the lowest.
I’m not saying the internet. I’m saying the employees at the firm. Your coworkers you have the chance to face on a daily basis
Perhaps neither of these should be for profit companies?
Absolutely, but even the most generous of non-profits have to pay their executives something
Why?
Executives are paid a lot just for the lols.
I can't recall a single big company CEO that actually warranted the big paycheck. There are some very capable people, but even still.
Public utility doesn't need any risk taking, other than some investments into possible new technologies, but they just need to maintain the existing infrastructure and build new one according to plans.
I didn't say they deserve the big enormous paychecks. But they do need to be paid. They still have bills that need paid and food to put on the table.
I'd be okay capping it to like 2x the median salary at the company. But if we leave it up to a vote it'd be $0/year because of people like you.
I would suggest paying everyone the same. Janitor, CEO, doctors, etc.
If everyone has the same money, we will be equal. Ideally even people who can't work.
And stop producing wasteful shit. Stop advertisment, that alone would change the world for the better. Stop capitalism while we're at it.
And give everyone the same baseline quality of life until we can guarantee it for everyone and forever.
Then we can talk about who gets paid more.
one of the benefits of capitalism is that people can trade time for currency and currency for goods and services, education is a service that enables access to more efficient time to currency conversions.
No, it benefits those with power to slowly gain even more power, everything else is a fairytale.
Look at global south, and tell me that capitalism benefits people.