Political Revolution

A More Logical Minimum Wage? (Video)

David Pakman explores an idea for adjusting the minimum wage by making it relative to the maximum wage in a company. “For example, if the highest earner in a company earned two million dollars a year, then the lowest full-time earner for that company may earn no less than 2% of that amount, or $40,000 per year .”

There would be logistics to work out. Still, the show notes that such a system is already in place in Sweden.

What are your thoughts?

 

About the author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She sometimes writes fiction about Chester (the Alpha Bichon) and his friends -- with a dash of humor and dab of Poli-Sci. JoAnn's views and insights are tinted by her past profession in Counseling, Christian theological studies, and Library and Information Science training. Retired now, JoAnn enjoys the creative life.

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