CEOs of giant corporations are making 243x their average worker — while their workers struggle to make ends meet. (lemmy.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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It’s time to put an end to outrageous CEO pay and tip the scales to favour Canadians.

Article link: https://www.thestar.com/business/2023/06/20/ndp-leader-jagmeet-singh-brings-forth-motion-to-tackle-rising-costs-unchecked-corporate-greed.html

Petition: https://www.ndp.ca/tax-ceo-pay

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[-] [email protected] 11 points 1 year ago

Seriously. I can't understand why an NDP federal government is such a long shot in this supposedly left leaning country. They are the only ones even talking about corporate greed and proposing actionable steps to address it.

We could and should be the Sweden of North America, but we're letting our meth head neighbor to the south drag us down into the musty basement.

[-] [email protected] 3 points 1 year ago

Having been in Sweden this week, I can only agree with the goal of adopting so many of their habits. But let's pick and choose if we can, as it's only 96% perfect.

[-] [email protected] 3 points 1 year ago

Too much influence from our neighbour down south

[-] [email protected] 1 points 1 year ago

I want to see the NDP as at least the official opposition.

It'll only happen if the Liberal party collapses, though. They're seen as the moderate choice.

[-] [email protected] 1 points 1 year ago* (last edited 1 year ago)

My ideal Canadian federal government is a strong NDP minority, a Liberal opposition, and a small handful of impotent PC seats.

The NDP will come up with good legislation, the Liberals will mostly temper it a bit (but not too much, otherwise, they'll look too right leaning), and the PC's exist only for entertainment purposes.

[-] [email protected] 7 points 1 year ago

The answer is unions with oversight and regulations to combat the corruption that seems to spring up inside union management.

Workers deserve a bigger piece of the profit pie than management does -- because management doesn't put in 243x more effort or hours than workers do.

[-] [email protected] -1 points 1 year ago* (last edited 1 year ago)

This is not a union issue. They cannot and definitely will not demand a monitored change to the finances of a company. It'd reduce their viability and thus reduce union officials' grift.

(After working under three indolent unions, I claim their goals have changed and they're only interested in union dues instead of preventing (in order) two-tiered workforces, unsafe hot/bright/loud/cramped environments during covid, and finally dead-naming staff)

This is a taxation issue and, more simply, a change back to more and higher levels of taxation over a certain gross income. The guy pulling in over a million a year needs to pay a bit more.

And maybe, just maybe, have the values rise with inflation, okay? People making 50k should be taxed to the same percentage the 50k guys were in 1970.

[-] [email protected] 2 points 1 year ago

You know the real funny part CEO wages are public and that has had the effect of increasing their pay. Yet they don't want us to discus our wages, hmm.

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this post was submitted on 09 Jul 2023

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