RE: Swiss propose to limit corp. executive pay to 12x their lowest-paid employees
November 15, 2013 at 8:17 am
I think some of this is well intentioned but ultimately stupid and doesn't deal with several realities. The most important being the brain drain. The truly quality qualified people will simply head companies out of countries that will pay them more. Another is that do you guys really think your average Swiss worker is suffering in poverty? This is the country with the highest standard of living in the world, but sometimes you guys act like all these pampered first world people are suffering. Get real. I'm pretty sure that Swiss workers (and indeed those in any first world country) are doing just fine. When people with flat screen T.Vs and video game systems and laptops are complaining about their poverty they just come off as whiney babies with imaginary first world problems.