Why don’t we have a maximum wage? Asking that question is another way of asking why some people can rake in millions while others struggle to earn enough
If the minimum wage was a comfortable living wage — like it should be, in my and many other folks’ opinion — then it wouldn’t matter. One person’s excess isn’t a problem, unless it’s at the expense of someone else (which, you know, is kinda the case…).
Even if it’s not at the expense of someone else, too much wealth in the hands of one person is still harmful. It gives one person too much power over others, allows for people to buy their way out of legal trouble, buy politicians, etc.
If the minimum wage was a comfortable living wage — like it should be, in my and many other folks’ opinion — then it wouldn’t matter. One person’s excess isn’t a problem, unless it’s at the expense of someone else (which, you know, is kinda the case…).
A handful of people’s excess is exactly the problem.
Even if it’s not at the expense of someone else, too much wealth in the hands of one person is still harmful. It gives one person too much power over others, allows for people to buy their way out of legal trouble, buy politicians, etc.