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The great big pay disparity : Comments
By David Baker, published 18/1/2010The shift from salaries to performance incentives for executives has been cited as a contributing factor in the GFC.
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If we have accepted as social necessity that no one has to earn less than a basic-wage, haven’t we, with such acceptance, implied the concept of a maximum wage?
If the basic-wage assures that no one dies of starvation, wouldn’t a top-wage assures the possibility of (a)sustaining the basic-wage and (b) achieve not only social justice but the responsibility and peace that go with it?