Maximum wage
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Topic: Maximum wage
Posted By: condor
Subject: Maximum wage
Date Posted: November 10 2017 at 14:01
| What are you views on this? Does anyone know about the maximum wage under socialist regimes? |
Replies:
Posted By: siLLy puPPy
Date Posted: November 10 2017 at 17:26
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I'm trying to earn it :) -------------  https://rateyourmusic.com/~siLLy_puPPy |
Posted By: HackettFan
Date Posted: November 10 2017 at 18:34
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It seems much more constructive to me to make sure the top earners are properly taxed. ------------- A curse upon the heads of those who seek their fortunes in a lie. The truth is always waiting when there's nothing left to try. - Colin Henson, Jade Warrior (Now) |
Posted By: condor
Date Posted: November 10 2017 at 18:42
Yes, but isn't a maximum wage easier to achieve?
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HackettFan wrote:Posted By: Vompatti
Date Posted: November 11 2017 at 01:34
The easiest would be to make the wage the same for everyone.
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Posted By: twseel
Date Posted: November 11 2017 at 02:14
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It may cut down on some bureaucracy perhaps, if that's what you mean, otherwise I'd say that high incomes are much better managed by looking what the money is used for and taxing less directly, contrary to minimum wage, where you have a pretty homogeneous use of the income as well as actual urgency not to drop lower, e.g. to have a minimum. ------------- 
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Posted By: Davesax1965
Date Posted: November 11 2017 at 04:20
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By "socialist" countries, is this an Americanism or are we actually talking about "socialist" countries ? ;-) In the USSR, which was arguably "socialist" until the New Economic Policy of 1921, everyone was supposedly paid an equal amount. However. This absolutely never happened in practice, with people being designated as "responsible workers" and getting a higher pay packet, better living conditions, more perks. To own a dacha - a country house - you absolutely had to be a member of the Party, and most people seemed to join for financial or career progression, rather than out of political conviction. If we're talking "socialist" as an Americanism for places like Scandinavia, my experience of working abroad is that there isn't really a maximum wage, but you quickly fall into higher tax brackets than here in the UK, which effectively caps what you earn quite quickly. I preferred living in Holland and Germany, it was a socially fairer system. I do think it's time for a maximum wage, though. Although most of the rich are sneaky enough to get around it. £200k opens you an anonymous Swiss bank account, I seem to recall - or was it £300k ? Tax free, you just sign a disclaimer that it's not the result of illegal or terrorist activity. ------------- |
Posted By: NotAProghead
Date Posted: November 11 2017 at 05:03
You made my day  ------------- Who are you and who am I to say we know the reason why... (D. Gilmour) |
Posted By: The Dark Elf
Date Posted: November 11 2017 at 07:24
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Actually, I am of the opposite opinion.... ------------- ...a vigorous circular motion hitherto unknown to the people of this area, but destined to take the place of the mud shark in your mythology... |
Posted By: Big Swifty
Date Posted: November 12 2017 at 02:43
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Let the market decide.
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Posted By: condor
Date Posted: November 12 2017 at 10:19
Why?
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Posted By: Equality 7-2521
Date Posted: November 12 2017 at 10:38
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You're going to have to define what you mean by maximum wage before anything meaningful can be said. ------------- "One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. " |
Posted By: Vompatti
Date Posted: November 12 2017 at 11:19
Because there's no better way to determine the value of things (or, in this case, labour)? |
Posted By: Blacksword
Date Posted: November 13 2017 at 05:34
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I honestly don't care what people earn, so long as it's been earnt through legal means. I'd rather see a better aproach to taxation. As big business is globalised it's currently easy for them to legally avoid their fair share of taxation, so one approach maybe for global taxes for big business to managed through the WTO and UN, and distributed the nations appropriately, in which they operate. There should be no such thng as tax havens. For anyone. ------------- Ultimately bored by endless ecstasy! |
Posted By: AFlowerKingCrimson
Date Posted: November 13 2017 at 13:39
I don't even think Karl Marx would agree with that. It would certainly not go over well in the US(or most of Europe). Maybe in a country closer to pure communism though.
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Posted By: twseel
Date Posted: November 13 2017 at 15:21
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Well it's easy in the way that it's an easy policy to write and maintain -------------
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Posted By: Blacksword
Date Posted: November 14 2017 at 23:53
Make everyone equally poor? Doesn't sound like a very good system. ------------- Ultimately bored by endless ecstasy! |
Posted By: Vompatti
Date Posted: November 15 2017 at 02:36
Try telling that to https://www.washingtontimes.com/news/2017/nov/4/majority-millennials-want-live-socialist-fascist-o/" rel="nofollow - the majority of millennials who would prefer such a system .
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Posted By: Blacksword
Date Posted: November 15 2017 at 05:31
The grass is always greener. Our current system is badly broken. That's true enough. But, with the greatest of respect, millenials know nothing about communism or living under it. Ask most people who lived in the former Soviet Union, would they like t go back there and the answer would be a resounding NO! put it this way, very few people used to defect TO the USSR, back in the day. I grew up with Czech refugees, I know what they went through... Of course, communisim, like capitalism - with its promises of trickle down economics - works brilliantly on paper, and this is what millienials, and all advocates of communism probably go on, but as history has shown, theory and practice differ enormously in politics. For example, the across the board equality millenials strive so hard to achieve on college campasses and beyond, has no place under communism. ------------- Ultimately bored by endless ecstasy! |