Switzerland Shows U.S. How to Handle CEOs
The Swiss are voting on limiting executive pay to no more than 12 times the lowest salary in the company, and on creating a guaranteed basic income of $2,800 per month for every adult. That's about $16 per hour for a full-time worker, but it's guaranteed even for those who can't find work. |
Background: New York Times: Swiss Voters Severely Limit Executive Compensation Reuters: Swiss to Vote on 2,500 Franc Basic Income for Every Adult Huffington Post: Minimum Wage Would Be $21.72 If It Kept Pace CounterPunch: Basic Income Guarantee Versus the Corporate Media |
You know what country can afford such a measure even more easily, given its vast supplies of wealth? The United States of America. Tell Congress and the President now!