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the case for a maximum wage

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He made this proposal in January 2017 to address inequality in the UK after the Brexit. Bernie Sanders for Labor secretary? ���>����ͷ��7��n�F��ږ�MF�p[]Ս�iC�������|��/�f?���ſ��Ի�M�e[����i�ݘ����4�S�����Yo��^N֪m&^k��#.Դ���R����/�*������~$�MҘd�Z��E_�o�fuS?������������_����n+��$0���Fo�Z������_����)̏bL���b���w�KuH�ˆ��rUǖ�6wֈ>��lʳ�U��R�Dž�/��VO}2%Yߜ�sM{��F��� startxref One is the explosion in economic inequality that almost all liberal capitalist democracies have experienced over the past 30 to 40 years. Des milliers de livres avec la livraison chez vous en 1 jour ou en magasin avec -5% de réduction . Sam Pizzigati. �i , @�����ABlPYf3��dˀ`F1�PZč`��� �}��%�@�by��/����!�@)���".&�}�'�46{~����p�����!��L�5�@ � B��c��X�� � Vx�;30�Z iF �` /�t" Comment les évaluations sont-elles calculées ? Afficher ou modifier votre historique de navigation, Recyclage (y compris les équipements électriques et électroniques), Annonces basées sur vos centres d’intérêt. The Case for a Maximum Wage (Planet Shopping Europe francophone : Livres anglais et étrangers - ASIN: 1509524924 - EAN: 9781509524921). Very highly paid CEOs have run their companies into the ground, and some of the most successful companies today were started and managed by people who had absolutely no background in business. 0000024591 00000 n Where should we set the maximum? If their company does well, they should do well too. E-Book. ISBN: 978-1-509-52492-1 July 2018 Polity 140 Pages. Unlike these earlier periods, however, this rise in economic inequality has not been driven by returns on capital assets. Their compensation is calculated according to a formula set when they were hired and, as long as this formula represents the going wage, then this is what they should receive. Digital Evaluation Copy Request Digital Evaluation Copy. Under capitalism, the argument goes, it's every man for himself. H�tW�r�}ߏp��v��݊�ص�J��Cʕ��� ;$ƼhV��ӧ���R� What capitalism says instead is that people need incentives to be maximally productive. Many people find this upsetting but, even so, they tend to treat it as something capitalism requires us to tolerate. Quantity: $12.95. Starting at just $12.95. 0000008504 00000 n The Case for a Maximum Wage, Sam Pizzigati, Polity. Cet article ne peut pas être livré à l’adresse sélectionnée. The committee can't recommend an offer at the bottom of the range, for that would be saying that they think the candidate is only as good as the lowest-paid CEO. And these people are just as likely to do well as those who might demand $100 million. 94 0 obj<>stream Next time someone hires a CEO and another compensation committee conducts a survey, the average will be higher. Désolé, un problème s'est produit lors de l'enregistrement de vos préférences en matière de cookies. 0000000016 00000 n In 2000, the Green Party proposed to establish a maximum wage in the US during their run for the presidential nomination. To justify this, companies often argue that the CEO shouldn't be blamed when "the market" takes a downturn. 0 0000001317 00000 n ��&�Jq�p����L��jK��|�Q- To avoid people trying to game the system, when companies have substantial contacts with multiple jurisdictions, the applicable limit would be adjusted to reflect the source of the company's real economic activity. Very good people will work for say, $10 million a year, especially when given a chance to run a company. Vos articles vus récemment et vos recommandations en vedette. 0000003329 00000 n Veuillez réessayer. This view, however, has some dramatic consequences. It does this by commissioning a survey to see what similar companies pay their CEOs. We have what economists call a market failure. 0000027417 00000 n The market is not bidding up the price; the price is going up simply because everyone always wants to beat the current average.

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