Rule of Ten: How to rid capitalism of huge inequalties
Rule of Ten for greater Equality Do you know? Th at Chief Executives of many corporations make in a month what the lowest paid worker of the same organization would make in a life time (Thirty to forty years of work life) With the legally binding rule of ten in place, it becomes in the interest of company bosses to increase minimum wages within their organizations to the extent possible, or their own wages cannot be increased, while making it impossible for them to collect huge and obscene compensations. All that is required is a simple law that prescribes the maximum permissible ratio between the highest and lowest compensation that any organization or corporation may have. R ecently there has been a hue and cry about the high salary and bonuses that some corporate executives, especially bankers are drawing. The occupy movement that has erupted in many countries around the world represents this anguish of people. New sources of communication make expressing t...