Maximum wage

[justaddh2o]

13. Excellent point

I hadn't thought about a max wage as a potential neoliberal policy to repress working people's salaries. I shouldn't have said "maximum wage" but rather "maximum income" or "maximum wealth", because that's what I was thinking about and what prompted me to post.

I wonder about the wealthy person's mindset-- and it makes me wonder how they justify having so much money. And that led me to think about how much is enough? I mean, is it $10M in wealth (not income)? Is it $100M? $1B? I mean shouldn't there be some kind of limit? And if so what should it be?

It's not that I'm advocating any policy or anything. I'm merely asking what folks think ought to be enough for a single individual to possess. Or perhaps "the sky's the limit" is the correct answer...? That doesn't feel like the right answer, but that's just me.

And the more I think about it, the more I feel that capitalism and democracy are not compatible. To paraphrase Richard Wolff, the only place we don't have democracy is in the (capitalist) workplace.