[gremlinsinc]

I don't think you understand what socialism means. It means government controls and OWNS (thereby we all own) all corporations collectively. My proposal is not socialism, it's reigned in capitalism.

I mean whether the CEO earns 50 million or is capped at only earning 5 million is up to him.

All he needs to do is raise wages across the board. Multipliers could be given also for increased employee#s year to year. --- CEO could still earn plenty, say it's pegged at 200 * average worker and average worker earns 60k - that's STILL 12 million per year, hardly anything to scoff at.

Then say you also get an extra 10% bonus allowance for every 1% increase in employees (you also get docked 10% per 1% decrease), and you increased employment by 2% over last year, so you get 220* average worker salary or an extra 1.2 million. Furthermore we could add bonuses based on u.s. to offshore worker ratio, more U.S. employees = higher CEO pay.

If I'm a CEO earning $10 million, but I want to earn $15 million, I'm going to have to get creative about increasing the average from 50k to 75k. When all companies are in this same boat -- wages across America will go up organically. There almost won't be a need for a minimum wage even.