What if, in order to reduce inequality...

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What if a law was passed, such that in every business, the ratio between the top earner and the bottom earner must be lower than 10?

For example, if the most-earning person received 1M€ this year, the least-earning got at least 100k€.

What would the consequences of such a law be?

(I am a mathematician, not an economist. I have been inspired by the news stories about cooperatives and the way they appear to be more resilient to crisis and more productive, while having a lower gap between top and bottom earner)

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CorrettoSambuca

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Posted: 2 years ago
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