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We Desperately Need Maximum Wage Laws
(jacobin.com)
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this post was submitted on 20 Oct 2025
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politics
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You started at such a remarkably low point that I would suggest you consider this might not be a subject for you to opine on.
CEO's don't have specialized skills? That's silly as many do.
If ypu want to learn why your ideas are flawed and what solutions might be more likely to work macro 101 is available online from MIT and unsurprisingly it is very good.
It’s a negotiation. You managed to point out underwater welders for being a specialized and dangerous job.
What CEOs have something that is irreplaceable? United Healthcare CEO recently died and the business is still going on as if nothing had happened. He made $10,000,000 in 2023. Starbucks suffers more from a barista calling in sick.
I understand that the only thing that matters in that is shareholder value no matter what the human cost of their decisions. As a human I don’t not care if my decisions make costs higher for shareholders. They already have plenty.
https://www.epi.org/publication/ceo-pay-in-2023/
Can you or anyone justify a 24% pay increase for workers while CEOs got 1,000%? It ridiculous that a CEO is somehow 1000% more valuable or skilled now than they were decades ago.
You aren't coming from an informed perspective. Maybe start by getting educated because your thinking here is a mess.
"I understand that the only thing that matters in that is shareholder value no matter what the human cost of their decisions. As a human I don’t not care if my decisions make costs higher for shareholders. They already have plenty."
Statements like the above make it hard to take you seriously as no one has suggested this.
Again, macro 101 is free. You should take it if you would like to see why this is so much more complex than most here seem to think.
Learning about macroeconomics is conceding that capitalism is anything but a sham. When our side takes over the economy and controls wages and prices, we won't need to understand macroeconomics. We'll just forbid things from going awry.
/s