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In response to
"Well, the rest of America will do fine taking bits and pieces of these companies. -- nm"
by
Will Hunting
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Favourites: 1
Probably. But eventually, maybe we'll have a national law along the same lines.
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One can hope.
If there is anything I've decided after this election, I'm done being practical and pragmatic. Realpolitik only works when one's opponents are rational and have at least a modicum of human decency. Rampant, unrestrained greed is not a modicum of human decency.
Besides, I like laws like this rather than absolute caps on pay. I oppose absolute caps on pay.
But here, the law essentially says "Give a little bit of your success to those that helped you." If you're a CEO, and you can't put forth the companies revenues to raise median pay $1 for every additional $100 you own, then you shouldn't be living in any society, much less the head of a company.
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