General Discussion
In reply to the discussion: If capitalism is sociopathic, how should we make a living? [View all]Erich Bloodaxe BSN
(14,733 posts)And allow government-run enterprises to compete with capitalist concerns.
In the first case, you run the company as essentially a non-profit, paying everyone who works there if not identical salaries, something in a vary narrow band. So maybe the CEO makes only 3-5 times as much as the lowest paid employee on staff, and does not get 'bonuses' that ever bump him or her above that - everyone in the company gets equal bonuses. You make employee and environmental safety important parts of the business, and you factor in your 'externalities' so that you're not forcing the government to essentially subsidize you.
In the second, by allowing government to compete in business, you both get direct revenue from the government, so collected taxes can be lower, since the government has other revenue streams, and, because you're the government, you can act like that private business above, and treat the employees in a similar more egalitarian fashion. This makes you more competitive, since you're not paying obscene executive salaries, and puts pressure on private companies to likewise pay less to execs and shareholders.
(Edit: Obviously my reply is not directed at a single individual, but is rather suggesting a framework from within which anti-capitalistic pressure can be brought to push society towards a more socialistic path.)