Should executive salaries be capped? Should there be a a government approved ratio between executive salaries and worker salaries?
by 
Stronghart
ANSWERS: 6
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Governments can't dicate those terms on private businesses. That's capitalism for you.
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Aside from the bailout issue due to which I would say that salaries absolutely should be capped, there is a second, possibly more important issue, which is shareholder rights. - Management is not ownership, but during the last thirty years managers have stolen control of corporations from the shareholders (the real owners.) - Shareholders must take back control of their corporations and then, if management can justify their bonuses, that would be a horse of a different color.
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No. At least not by governmental order. Shareholders should be the ones determining the salary structure of any company. I do think shareholders need more information about salaries in order to make an informed judgement. Good people cost money the same as any other resource. Pay them well and you'll find good people.
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not in a democratic republic that is capatialist based EXCEPT for the companies that needed the gov to bail them out
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No, I don't believe that. If that is happens there should be a cap to the executive responsibilities in a similar ratio as well. Why only salary is capped?
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IF tax payer Dollars were used to bail their company out of bankruptcy etc .... then, YES .... UNTIL they have paid back what was borrowed from the American taxpayers, for the bailout; the exec's salaries should be CUT and capped .... +5
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