World News

33143 readers

1015 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

‘We may be looking at the end of capitalism’: One of the world’s oldest and largest investment banks warns ‘Greedflation’ has gone too far (fortune.com)

submitted 2 years ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] olbaidiablo 0 points 2 years ago (2 children)

Perhaps locking in executive pay with the pay of the lowest paid employee (maybe 10:1 ratio or something like that) is a decent solution. This would then expose excess profits of corporations.

[–] [email protected] 2 points 2 years ago

While that's not a bad idea, until you actually root out the core corruption it would likely only ever exist on paper. The rich and corrupt will find a way around it even if they have to buy legislators to engineer a loophole for them.

load more comments (1 replies)