I advocate for what I call “Universal Ranked Income”: Everyone gets $10,000 a year by default, while jobs get a fixed amount, no negotiations with a company. it is decided for a job class to be assigned to a rank by the whole nation, regardless of location. Getting an education or holding a job replaces the basic income - $12k to $20k for a student based on grades, $40k if a waiter, $60k or 80k ranks for higher labors, $100k as a CEO. There are absolute income and wealth caps, the taxes also become increasingly higher for each pay grade. After taxes, a store clerk gets $30k, and a CEO is down to $60k.
In effect, that means “best” occupations are only twice the value of a regular job, instead of the fiscal insanity we see with CEOs have 1,000x+ the income of a normal human. Only 6x the income of someone who isn’t working. Also, having fixed incomes might help prevent inflation, since corporations have to target job ranks for pricing. UBI also gives everyone benefits, such as basic shelter, generic food, healthcare, a boring car, utilities, and so forth. Money is solely for lifestyle upgrades and luxuries, rather than for buying necessities.
By having universal benefits and a modest amount of money, workers would be able to freely unionize, strike, participate in politics, or avoid bad workplaces. Without being held hostage by capitalism, people can help decide the direction of society without having to sacrifice their wellbeing.
LustyArgonianMana@lemmy.world 1 day ago
They actually kinda legally DO have to follow fiduciary duty towards their shareholders. If their shareholders were also all the workers of the company, this wouldn’t be a conflict to lay them more, right? But that’s actually literally socialism and that’s why socialism is a boogeyman
brucethemoose@lemmy.world 1 day ago
Worker coops are not socialism though. It’s technically capitalism, and it’s not something you’d see Fox railing about.
They just don’t arise much in the current system of stuff.
LustyArgonianMana@lemmy.world 1 day ago
Worker co-ops are indeed socialism, because it’s the workers owning the company.