Profit caps on companies, and a wage ratio between CEO and lowest worker, beneficial or detrimental?

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

Post Body

So as the title already presents, do you think if there was to be a profit cap on companies so that they could only make let's say just as an example $150million a year would that cause a positive change in our economy or would be detrimental to the economy?

And if there was a wage ratio introduced so that CEO's could only make for example 10x what their lowest employee makes, so if their lowest employee was on $32 and hour then CEO would be on $320 an hour, would that cause a positive change or negative?

Author

Account Strength

80%

Account Age

4 years

Verified Email

Yes

Verified Flair

Total Karma

252

Link Karma

Comment Karma

121

Profile updated: 2 days ago

Posts updated: 4 months ago

Accomplished_Ad8904

Subreddit

r/AusFinance

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.

Posted: 1 year ago
Reddit URL: View post on reddit.com
External URL: reddit.com/r/AusFinance/...