Maximum wage

[Cawn]

The fact is, minimum wage is a Marxist idea, we need maximum wage, my country has maximum wage of about 20$ an hour, I highly advise to have a maximum wage as well. IE a maximum wage is just a maximum amount of money you can earn from income, it doesn’t include capital gains, assets like houses, equity, stocks and so on.

[Gutria]

The maximum wage that a government employee can be paid is 56 skatts/hour, equivalent to about 114 American dollars. There are no maximum wage restrictions for private entities.

[Blue MAGA]

Our country rejects Marxist ideology, including a “maximum wage,” in favor of neoliberal capitalism with a few common sense regulations supported by the likes of Founding Father Ken Martin. We do not have a maximum wage.

Minimum wage alternates between $12.00 and $15.00/hour depending on Hillary Clinton’s thoughts at the moment, which our top government officials measure by scrolling through her tweets. We have hired over 500 to ensure a nice, big government

[Rosettan Overwatch]

Minimum wage is calculated Year-Over-Year-ly by finding the amount of Teomine needed to buy 24 times of, at the start of the year;

10 pounds grain bread
13.5 pounds meat
20l water/equivalent
85 pounds vegetables/fruits assorted (roots, berries, pomes, crops)
A new kitchenware set made of iron-reinforced aluminum
Three items of choice for amenities
Average apartment billage (utilities incl. power & plumbing, rent, insurance) for an apartment in Anneime (our capitol)
Other bills (vehicle insurance, 5x sample subscriptions (e.g. streaming platforms, other entertainment, or game subscriptions))

Maximum wage is, mandated by the Internal Finances Control Agency, to never exceed 10x Minimum wage. This is to keep economic parity while allowing for rewarding behaviours in the workplace through promotions, bonuses, etc. By IFCA standards, bonuses also count toward wage.

[Jonas Land]

We don't have direct wages. Money does not exist. You work. You get free stuff. If the economy is bad, your "wages" are bad. If the economy is good, your "wages" are good. If you work for money and use the money to buy stuff, that's capitalism. This is not a capitalist state.

The OP is a bit short, I hope they don't lock this.

[Aikoland]

There is no maximum wage in our nation.

[Cawn]

We don't have direct wages. Money does not exist. You work. You get free stuff. If the economy is bad, your "wages" are bad. If the economy is good, your "wages" are good. If you work for money and use the money to buy stuff, that's capitalism. This is not a capitalist state.

The OP is a bit short, I hope they don't lock this.

Then how can a person get a yacht then?

[Jonas Land]

We don't have direct wages. Money does not exist. You work. You get free stuff. If the economy is bad, your "wages" are bad. If the economy is good, your "wages" are good. If you work for money and use the money to buy stuff, that's capitalism. This is not a capitalist state.

The OP is a bit short, I hope they don't lock this.

Then how can a person get a yacht then?

The easy answer is yachts are neither produced here nor imported from other places. And even if there were yachts, it would cost all of the money in the world to give it out to everyone. And rich people don't exist either. It's Communism. Deal with it.

[The Vally]

Why in the Vally would we have a Maximum Wage? We have Worker Co-ops!

[Emrenya]

We generally accept supply and demand between employers and employees in determining wages but also we adopt exceptional practices such as minimum wage due to social reasons and the need to address income inequality. Maximum wages are not a tool to solve income inequality, because the gains that cause inequality occur from things like capital, finance, inheritance, and interest etc.. No matter how great a wage is, it cannot equal capital.

[Cawn]

We generally accept supply and demand between employers and employees in determining wages but also we adopt exceptional practices such as minimum wage due to social reasons and the need to address income inequality. Maximum wages are not a tool to solve income inequality, because the gains that cause inequality occur from things like capital, finance, inheritance, and interest etc.. No matter how great a wage is, it cannot equal capital.

Inequality is good for all and profiting off of having money is better than putting in work to make money.

[Cawn]

Why in the Vally would we have a Maximum Wage? We have Worker Co-ops!

Because using work for money is worse than creating money, from money!

[Cawn]

Then how can a person get a yacht then?

The easy answer is yachts are neither produced here nor imported from other places. And even if there were yachts, it would cost all of the money in the world to give it out to everyone. And rich people don't exist either. It's Communism. Deal with it.

Then what next, you don’t have inequality? What a shame, it’s great for making people poor.

[Rosettan Overwatch]

We don't have direct wages. Money does not exist. You work. You get free stuff. If the economy is bad, your "wages" are bad. If the economy is good, your "wages" are good. If you work for money and use the money to buy stuff, that's capitalism. This is not a capitalist state.

The OP is a bit short, I hope they don't lock this.

So what about logistics workers? Sanitation workers? Admin/finances workers? People who crunch numbers, keep things (and people) moving, and keeping things clean?

Inspectors? Court workers? Archivists?

What about hazard pay? Why should someone be a firefighter or a soldier if they're just gonna get the same pay as a lousy office busybody?

People get jobs because they need to live, not because they love working. Where's that added incentive for firefighters, doctors, officers, soldiers, architects, engineers, guards..? They may do it for the love of the game, but if you don't have hazard pay, then good luck looking for people outside of the dedicated.

[Enthisea]

There are not maximum wage in Enthisea because it may hinder its economic growth.

[Cawn]

There are not maximum wage in Enthisea because it may hinder its economic growth.

As in people will stop being motivated to work? That’s the whole point, only those with assets and that don’t work should be rich.

[Bilancorn]

Such concept is non-existant in Bilancorn

[Cawn]

Such concept is non-existant in Bilancorn

, how much income equality is there?

[Bilancorn]

Such concept is non-existant in Bilancorn

, how much income equality is there?

We have a hierarchical society, but that doesnt mean that the working class is not living decent lives, quite the opposite actually: https://www.nationstates.net/nation=bil ... ensusid=73

[Luziyca]

Rwizikuru has no maximum wage.

[TURTLESHROOM II]

The TurtleShroomian Constitution prohibits setting price floors on wages ("minimum wage"). Implicitly, through provisions restricting regulating commerce, the courts have long ruled that this also prevents a price ceiling, or "maximum wage."

[TURTLESHROOM II]

Why in the Vally would we have a Maximum Wage? We have Worker Co-ops!

{ OOC: I believe that a for-profit workman's cooperative is fundamentally the most moral way of making money, even if each employee from janitor to executive having exactly one vote leads to democratic chaos. Despite what some say, there's no reason a workman's cooperative can't seek out a profit.}

[Cawn]

, how much income equality is there?

We have a hierarchical society, but that doesnt mean that the working class is not living decent lives, quite the opposite actually: https://www.nationstates.net/nation=bil ... ensusid=73

Sad, as for Cawn, well, they need to get working on, the reason there is such wealth inequality is not because the government Benefits corporations, has no welfare, bans unions and makes maximum wage to punish those that work and has zero taxes, cannot beg, cannot demand wages, and other stuff https://www.nationstates.net/page=dispatch/id=2768479 but because the rich are hard working and the poor are lazy thus leading to this chart https://www.nationstates.net/nation=cawn/detail=trend/censusid=4

[Cawn]

The TurtleShroomian Constitution prohibits setting price floors on wages ("minimum wage"). Implicitly, through provisions restricting regulating commerce, the courts have long ruled that this also prevents a price ceiling, or "maximum wage."

Is there any income inequality?

[TURTLESHROOM II]

The TurtleShroomian Constitution prohibits setting price floors on wages ("minimum wage"). Implicitly, through provisions restricting regulating commerce, the courts have long ruled that this also prevents a price ceiling, or "maximum wage."

Is there any income inequality?

Income inequality is a feature, not a bug. It is not only seen as not an issue, it is seen as a natural consequence of true meritocracy and accountability for one's actions.

In TurtleShroomian society, what matters is whether or not a robust system of rule of law, impartial courts, and enforcement of contracts ensures a just arbitration of private agreements. In other words, the rich getting richer is a moral act if the opportunity for the poor to get richer is afforded.

In TurtleShroomian economics, income inequality means the system is working. Men of great talent and ability are accumulating wealth. The poor man has access to the same courts, the same contracts, the same lax regulatory framework. What matters to TurtleShroomian law is the impartiality. In a courthouse, the poor man and the rich man are equal. In a church, the poor man and the rich man are equal. Impartial, fair courts of law and a defined, concrete arbitration of contracts and private agreements between legally binding entities are the equality for which TurtleShroomers fight.