Friday, August 31, 2018

Capitalism On Steroids


A bunch are calling for unrestricted capitalism. Some on the other side have an over abundance of socialist ideas. Here's the way I see it. Why can't we have something in between these two extremes. For instance, here's a few ideas... * No CEO or owner at the top being allowed to make more then 100x's their lowest paid employee. For example. The lowest paid receives $30,000 a year. The CEO then would be limited to earn $3,000,000. Perhaps upper level supervision 10x's ($300,000) The immediate supervisors 2x's ($60,000). This would mean if a CEO or owner would want to increase their earnings by whatever amount would have to increase the lowest wages by a proportionate amount. This doesn't mean every employee is limited to $30k. Each can still receive larger salaries for their work responsibilities. It only means no one can receive less then 100th that of it's owner or CEO. I call this fair equitable distribution. No single person (including it's owner/CEO) should be worth more then 100x's then those who also contribute to a company's success.

* I'd also except an alternative in the form of company ownership. Say the company doesn't want to commit it's cash earnings which may not remain steady in the future. Instead decides to issue shares, For example the big boy at the top wants to give themself a 1000 shares so they'll only be taxed on capital gains In this case each lowest paid employee would receive 10 shares each. Perhaps using this as a alternative form of a retirement from the company w/o having to be locked in to the ever increasing employee salaries.

* Another way of helping companies is to eliminate the burden of healthcare costs. I look at this way. I hired a worker to do what needs to be done-- not take care of him/her whole family's medical issues. It's bad enough I have to hire another person to pick up the slack when one of my employees is out sick. It's unfair then I too am burdened with their healthcare costs on top of it. The way I could get workers demands and that of their union's stoppages off my back is not to be saddled with the burden of healthcare in the first place. This is where the government comes in to play a part.

Detractors are always misleading us when it comes to the cost for national healthcare for everyone. For the sake of brevity I will only bring one thing never mentioned. Both companies and individuals deduct billions of dollars every year from their income taxes for medical costs. If we all had medical coverage these deductions would no longer exist. Right there is a ton of money which would go towards government supported plans. Well maybe I should bring up one more talking point. The government can be a hellva lot more powerful negotiating/legislating prices then insurances companies. Competing insurance companies have a greater incentive to simply raise prices rather then litigate till the cows come home.
I could go on but I'm sure many readers didn't bother reading this far. Suffice it to say it's come to the point of ridiculous between the rich, poor and what remains of the middle class. We can either standby and watch the few accumulate ALL the marbles or somewhat level the playing field. My point of view is no human is so valuable they deserve 100,000's the worth then those who labor under them. There's no justification this. It's flat out capitalism allowed to run amuck.

Who Is Gonna Fix This?
Don't think for a second it'll come from a change of heart by those at the top of the food chain. They'll keep feeding guilt on those below them on which to feast that somehow they are being envious, greedy, unpatriotic or even socialists for questioning why they deserve part of what these fat cats feel entitled to. I'm not encouraging rebellion nor anger. All I'm simply asking is people get out and vote for people like Bernie Sanders and others this November. Candidates who see through this facade and will make the changes necessary before we all end up living in tents working 60 hours a week. (That's not an exaggeration for many).




Pissed Off?
THEN



Here's The Disgusting Thing...
I'll bet 90% never read this whole post.
99.99% won't leave a comment.

No comments:

Post a Comment

All comments are under moderation. Meaning pending approval. If comments are disrespectful or do not address this specific topic they will not be published