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EdHieron said:

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It would be paid for by reducing the strict adherance that the companies have towards maintaining their profit margins

That is literally the function of a company. If you don't want that (and the market efficiency it brings), then regulate for the things it doesn't do well (e.g. environmental protection). But simply asking companies to do it themselves will not work.

and on the rule that company higher-ups must be paid an ungodly sum of money and extravagant bonuses in comparison to their employees.

This is because they are worth that much to the company. Supply and demand. How many good CEOs exist with the skills to turn around a failing multinational company? Not many. So those who do exist can demand millions. If they do a bad job for increasing profit, they get fired by the board.

Also, those people wouldn't be receiving those things for free.  They are giving up at least 40 hours per week  of their valuable time to those a-hole corporations.

And that 40 hours of a low-skill job is at present worth minimum wage. In order to be paid more they have to be worth more to the company.

You are asking people to be paid more than the market has determined they are worth. Who is going to pay the extra and why?

Costco seems to do quite well while treating their employees far better than many other places.

If it was a profit-increasing strategy, another company would have done it.