Maximum wage |
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condor
Forum Senior Member Joined: May 24 2005 Location: Norwich Status: Offline Points: 1069 |
Topic: Maximum wage Posted: November 10 2017 at 14:01 |
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What are you views on this? Does anyone know about the maximum wage under socialist regimes?
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siLLy puPPy
Special Collaborator PSIKE, JRF/Canterbury, P Metal, Eclectic Joined: October 05 2013 Location: SFcaUsA Status: Offline Points: 14775 |
Posted: November 10 2017 at 17:26 | ||||
I'm trying to earn it :)
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https://rateyourmusic.com/~siLLy_puPPy |
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HackettFan
Forum Senior Member Joined: June 20 2012 Location: Oklahoma Status: Offline Points: 7946 |
Posted: November 10 2017 at 18:34 | ||||
It seems much more constructive to me to make sure the top earners are properly taxed.
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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)
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condor
Forum Senior Member Joined: May 24 2005 Location: Norwich Status: Offline Points: 1069 |
Posted: November 10 2017 at 18:42 | ||||
Yes, but isn't a maximum wage easier to achieve?
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Vompatti
Forum Senior Member VIP Member Joined: October 22 2005 Location: elsewhere Status: Offline Points: 67382 |
Posted: November 11 2017 at 01:34 | ||||
The easiest would be to make the wage the same for everyone.
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twseel
Forum Senior Member Joined: December 15 2012 Location: abroad Status: Offline Points: 22767 |
Posted: November 11 2017 at 02:14 | ||||
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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Davesax1965
Forum Senior Member Joined: May 23 2013 Location: UK Status: Offline Points: 2826 |
Posted: November 11 2017 at 04:20 | ||||
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. |
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NotAProghead
Special Collaborator Errors & Omissions Team Joined: October 22 2005 Location: Russia Status: Offline Points: 7704 |
Posted: November 11 2017 at 05:03 | ||||
You made my day
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Who are you and who am I to say we know the reason why... (D. Gilmour)
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The Dark Elf
Forum Senior Member VIP Member Joined: February 01 2011 Location: Michigan Status: Offline Points: 12788 |
Posted: November 11 2017 at 07:24 | ||||
Actually, I am of the opposite opinion....
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...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... |
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Big Swifty
Forum Newbie Joined: November 11 2017 Location: Boston Status: Offline Points: 12 |
Posted: November 12 2017 at 02:43 | ||||
Let the market decide.
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condor
Forum Senior Member Joined: May 24 2005 Location: Norwich Status: Offline Points: 1069 |
Posted: November 12 2017 at 10:19 | ||||
Why?
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Equality 7-2521
Forum Senior Member Joined: August 11 2005 Location: Philly Status: Offline Points: 15783 |
Posted: November 12 2017 at 10:38 | ||||
You're going to have to define what you mean by maximum wage before anything meaningful can be said.
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Vompatti
Forum Senior Member VIP Member Joined: October 22 2005 Location: elsewhere Status: Offline Points: 67382 |
Posted: November 12 2017 at 11:19 | ||||
Because there's no better way to determine the value of things (or, in this case, labour)? |
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Blacksword
Prog Reviewer Joined: June 22 2004 Location: England Status: Offline Points: 16130 |
Posted: November 13 2017 at 05:34 | ||||
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. |
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Ultimately bored by endless ecstasy!
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AFlowerKingCrimson
Forum Senior Member Joined: October 02 2016 Location: Philly burbs Status: Offline Points: 16526 |
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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twseel
Forum Senior Member Joined: December 15 2012 Location: abroad Status: Offline Points: 22767 |
Posted: November 13 2017 at 15:21 | ||||
Well it's easy in the way that it's an easy policy to write and maintain
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Blacksword
Prog Reviewer Joined: June 22 2004 Location: England Status: Offline Points: 16130 |
Posted: November 14 2017 at 23:53 | ||||
Make everyone equally poor? Doesn't sound like a very good system. |
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Ultimately bored by endless ecstasy!
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Vompatti
Forum Senior Member VIP Member Joined: October 22 2005 Location: elsewhere Status: Offline Points: 67382 |
Posted: November 15 2017 at 02:36 | ||||
Try telling that to the majority of millennials who would prefer such a system.
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Blacksword
Prog Reviewer Joined: June 22 2004 Location: England Status: Offline Points: 16130 |
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. Edited by Blacksword - November 15 2017 at 05:32 |
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Ultimately bored by endless ecstasy!
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