Perhaps locking in executive pay with the pay of the lowest paid employee (maybe 10:1 ratio or something like that) is a decent solution. This would then expose excess profits of corporations.
No, it’s not a solution, remember that John M. Keynes book about stabilising and fixing capitalism with state control and interventionism was published 87 years ago and “adopted” by large number of governments since then, but here we are.
All the corruption, greed etc are not bugs in the capitalism, they are features.
While that’s not a bad idea, until you actually root out the core corruption it would likely only ever exist on paper. The rich and corrupt will find a way around it even if they have to buy legislators to engineer a loophole for them.
Perhaps locking in executive pay with the pay of the lowest paid employee (maybe 10:1 ratio or something like that) is a decent solution. This would then expose excess profits of corporations.
No, it’s not a solution, remember that John M. Keynes book about stabilising and fixing capitalism with state control and interventionism was published 87 years ago and “adopted” by large number of governments since then, but here we are.
All the corruption, greed etc are not bugs in the capitalism, they are features.
While that’s not a bad idea, until you actually root out the core corruption it would likely only ever exist on paper. The rich and corrupt will find a way around it even if they have to buy legislators to engineer a loophole for them.