In the present, or history has a government, or business, ever decided the exact pay for workers?
Not just a minimum wage, but an exact wage per person or industry?
With the protests over CEO pay vs minimum wage, it’s getting to the point that their needs to be more accountable input into wages in the world.
Remember that when everyone gets a wage than no one does. Sure if possible it sounds great to give everyone a $1,000,00 but inflation would wipe that out quickly, as stuff gets more expensive.
So other than pure mixed, or with socialism, capitalism is the best that we have at this time.
I am suggesting that is it popular, now for pay to be decided in a more nuanced way, now from the news? Or decided by a new way? Has any country’s history tried artificially deciding wages?
In the USA one company gave a $70,000 flat wage from top to bottom. Has that been successful? What is the name of the business?
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