What if wages for everyone in a company are regularly voted on by the rest of the company? For example, if the manager isn’t doing their job, their wages are lowered by vote. If the manager tries to lower the wages of the workers to a horribly low level, it could either a) be overruled by the majority, or b) the manager’s wages are lowered suit, pressuring them to increase it.
This is probably a really stupid idea that is extremely prone to corruption, but why?
edit: yep this really is a stupid idea
edit 2: someone mentioned that this is kinda like trade unions, where workers can negotiate pay, but in a really horrible method where it becomes a “popularity contest”.
I do think that someone else’s idea of keeping the every employee’s wages some % of the manager/CEO/whatever’s wages so that they aren’t incentivised to keep inflating their wages is pretty decent.
they’ve largely been driven out of most markets by
much larger entitiesfailure to enforce antitrust law.
FTFY.
Indeed. It’s frankly surprising that they’re pursuing antitrust cases against Google and Meta now, cause since the break-up of AT&T we’ve spent a lot of years not giving a shit about how anti-competitive giant corporations are.
Google and Meta started hurting other giant corporations though. That’s a big no no.
And Walmart isn’t? I bet Kroger and Aldi would have something to say about their entry into the grocery market.