In Defense if a Maximum Wage

[Mardla]

I prefer abolition of capitalism too, although I do not want socialism.

The two are mostly inseparable. Socialism is the diametric opposite of capitalism. There are different kinds of socialism, and a number of kinds that distinctly aren't socialism, but without reforming or re-creating capitalist institutions of some form, the abolition of capitalism leads to some form of socialism, or some perversion of capitalism.

Capitalism arose in the Early Modern Period. Socialism is not its opposite, but rather its logical conclusion.

[Imperializt Russia]

The two are mostly inseparable. Socialism is the diametric opposite of capitalism. There are different kinds of socialism, and a number of kinds that distinctly aren't socialism, but without reforming or re-creating capitalist institutions of some form, the abolition of capitalism leads to some form of socialism, or some perversion of capitalism.

Capitalism arose in the Early Modern Period. Socialism is not its opposite, but rather its logical conclusion.

Without us bombing ourselves back to the bronze age, we're not going to a system pre-Industrial Revolution.

"Capitalism" as we know it today is a recent invention, yes. But its basic principles have been around for millennia. It got a lot easier to be 'a capitalist' when we started building literal labour-saving devices, invented banking, and communicated at the speed of light.

[Mardla]

Capitalism arose in the Early Modern Period. Socialism is not its opposite, but rather its logical conclusion.

Without us bombing ourselves back to the bronze age, we're not going to a system pre-Industrial Revolution.

"Capitalism" as we know it today is a recent invention, yes. But its basic principles have been around for millennia. It got a lot easier to be 'a capitalist' when we started building literal labour-saving devices, invented banking, and communicated at the speed of light.

Mm, no. Economic regulations used to forbid usury, trading outside market hours, working outside your parish, most forms of wholesale, hoarding, and so forth. In craft, labor and capital were seldom different roles except during apprenticeship or working for your dad, and even then you were working to the day you too would be boss. Distinction between labor and capital was more common in agriculture, but even that was eroding in the early modern period with the decline of serfdom. Capitalism however introduced enclosure and property tax, eliminating much land proprietorship by labor.

[Khataiy]

It sounds dumb to limit someone like that

[Great Minarchistan]

Someone's work mobility is largely determined by their potential to the firm, ergo it's stupid to tie maximum wages to minimum wages under the premise of attaining less inequality (when that's clearly not the target of any hierarchical society)

[The South Falls]

Someone's work mobility is largely determined by their potential to the firm, ergo it's stupid to tie maximum wages to minimum wages under the premise of attaining less inequality (when that's clearly not the target of any hierarchical society)

Wouldn't it, for example, make sense to limit the CEO's wage, to prevent it from becoming detrimental to the company?

[Great Minarchistan]

Someone's work mobility is largely determined by their potential to the firm, ergo it's stupid to tie maximum wages to minimum wages under the premise of attaining less inequality (when that's clearly not the target of any hierarchical society)

Wouldn't it, for example, make sense to limit the CEO's wage, to prevent it from becoming detrimental to the company?

CEO's compensation is often a very small slice of a company's balance of payments. That's especially true for megacorporations.