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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 [one 50th].”

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 writes fiction about an alpha Bichon named Chester, and his friends–with a dash of humor and a dab of poli-sci. JoAnn worked professionally in the Psychology and Information Science fields. Retired now, she enjoys the creative life.


  1. JoAnn Chateau

    Oh yes, that would need to be taken into account. And this too: no top wage earner can refuse to accept his/her salary/bonus for a year. 🙂

  2. memadtwo

    One problem is all the perks that come with the high wages and don’t get counted as income. Still, it would be a start.

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