Swiss may introduce a law limiting Executive pay

Discussion in 'Audio Emcee Hook Ups' started by Archer, Oct 24, 2013.

  1. Archer

    Archer Hamityville

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    http://www.thelocal.ch/20131024/swiss-backing-rises-for-reduced-exec-pay

    If this passes the highest paid Executive cannot make more than 12x that of the lowest paid worker. The Swiss also follow "in good faith" (ie. you cannot loophole it by having two companies, with the Execs in one and the associates in another, and the Execs owning the associate business as a subsidiary). Even summoning hordes of temp agencies and third party services wouldn't help. If it appears they're in the same company then this law would apply.

    TBH? Bullshit. Companies have associates such as janitors. There is no justifiable reason for a company to link the salary of its CEO to the wage of its janitors. We pay our janitors like $10 / HR ($21,000 approx). The most we can pay the CEO is $120 / HR ($250,000 approx)? Keep in mind that $10 for a janitor is high... Fucking bananas.

    All this will do is push Swiss based companies out of the country. Sure, you stood up for the little man, but you just fucked your national economy in the ass 12 times with this decision. I seriously hope this law fails so that other EU countries don't get pressure fucked by their retarded citizenry into following suit.

    I think the scariest thing is the gateway it would open for other nations to attract Swiss business (ie. China "hi guys we don't limit Executive pay to 12x, and we offer all these subsidies!"). Just think if other nations followed suit... real terror bros.
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  2. Jammin' Jobus

    Jammin' Jobus S A D B O Y S

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    I have no idea how things work in switzerland.

    Can't say whether there would be a work-around in bonuses and expenses etc.. Surely the CEOs of a Swiss Bank won't be making 250,000 a year. No way.

    Switzerland is a fucking expensive country too.

    If you live in Zurich 250k isnt shit.
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  3. Detroit

    Detroit The d is silent

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    Sounds good to me
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  4. x calibur

    x calibur

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    that's why there are no easy solutions.

    it's easy to stand on a soapbox and shout about execs making too much, and the common working class not making enough. it's not so easy to resolve these issues because there's almost always a trade-off. in general, heavily taxing the rich will push them to other countries where the taxes are less. but if you're going to accommodate the movers-and-shakers of your economy, you also can't provide as much support to the commoners in the struggle. some republicans might be like, let em eat cake, but you really need a strong middle class as your social glue.

    tl;dr - society is complicated and shit
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  5. Geedorah

    Geedorah King

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    Thats why capitalism is bullshit.
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  6. x calibur

    x calibur

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    capitalism is flawed, but it's the least flawed idea anyone has come up with.
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  7. Geedorah

    Geedorah King

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    Thats how they keep you in it.
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  8. g.t.

    g.t. RM Radio Host

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    I think that Future by Design documentary is really visionary.
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  9. Caesar

    Caesar Natural Aristocracy

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    The major flaw with capitalism is that it tends towards state-sponsored oligarchy.

    Throw in the chaotic nature of democracy and the appeal of leftist populism when shit hits the fat, and yeah…
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  10. J o o k

    J o o k Win your battles before they’ve even been fought.

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    Lmao you can't relate capitalism to limiting execs pay to 12x that of the lowest.

    That has NOTHING to do with capitalism man, WTF :funny:

    You can relate this shit more to socialism than capitalism.

    @Geedorah give me one negative rep for your dumb comment :drakecheese:
    Last edited: Oct 25, 2013
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  11. J o o k

    J o o k Win your battles before they’ve even been fought.

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    Anyway, who gives a fuck :funny:
























    They'll just do what they do here in America. $1 dollar salary. $10 million dollar stock option. $20 million dollar bonus :funny:.

    Most execs don't give a flying fuck about base salary tbh.
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  12. Geedorah

    Geedorah King

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    How the fuck it has nothing to do with capitalism?
    Capitalism=money
    How is this socialism?
    Socialism would be if everyone had the same wages, 1-2k difference.
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  13. J o o k

    J o o k Win your battles before they’ve even been fought.

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    There are no limits to capitalism my friend, capitalism is about FREE market and making however the FUCK much you want to make :funny:. What is being proposed is exactly what you just said (socialism) just on a slightly larger scale.

    You have no idea about economics if you just related this article to capitalism.
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  14. g.t.

    g.t. RM Radio Host

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    wtffff? Nah, geedorah
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  15. J o o k

    J o o k Win your battles before they’ve even been fought.

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    Lmfao yo my friend look what I just found in the article:

    The 1:12 label refers to the ratio between the lowest and highest salaries in companies, which the referendum spearheaded by the youth wing of the Swiss Socialist Party would lay down in the law.

    :chefoooh:
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  16. Geedorah

    Geedorah King

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    Free market?
    Gtfo.
    Banks are controlling the market, they make "depressions" when ever the fuck they want and you are here mentioning free market.
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  17. J o o k

    J o o k Win your battles before they’ve even been fought.

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    Killuminati

    [​IMG]
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  18. Geedorah

    Geedorah King

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    Free market

    [​IMG]
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  19. J o o k

    J o o k Win your battles before they’ve even been fought.

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    What part of Russia or Eastern Europe you from?
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  20. yayo

    yayo Polar Bear LaFlare

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    haha forreal.

    fuck them niggas
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