Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
this post was submitted on 20 Oct 2025
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We need maximum wealth, maximum power and maximum influence laws, enforcement and strict punishments for corruption.
These cunts will spin it like, 'Society will break down if we pay more than 20 an hour. Don't you like cheeseburgers? Don't you like groceries?
I agree with the sentiment, but it's worth noting that the current excesses of CEO compensation through stock incentives are a response to a poorly implemented attempt to curb high CEO salaries.
We do need to reign in CEO compensation, but directly going after wages made the problem worse. I don't see the article addressing this, but a Clinton-era policy aimed to curb excessive CEO wages. IIRC the ratio of CEO pay to lowest paid worker within the same company was as bad as 30:1 at the time, but has since ballooned to hundreds: 1.
Maybe something as simple as capping stock incentives at N% of total compensation could work. But we'd need to make sure we're not just encouraging a new way to skirt around the legislation like last time.
If we broke up all their massive companies, they could not get such compensation. But they decided not to use the antitrust laws that already exist or say no to literally any merger.
This might be even more important.
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Money is simply the ability to command labor-power. Money is an abstraction for what is in actuality class society, Financial reform around money and taxes cannot change the nature of class society. They are obfuscations designed to distract you.
How about a 99.9% corporate tax rate and then nationalize the corporations later on?