There are values of the free market that I find worth holding to, like freedom and belief in human mind and creativity. Still, to me it is clear that the free market is not working the way we would like it to both on the national and global scale. Inequalities in the world are getting deeper and deeper. Being lucky enough to live in the privileged part of the world and belonging to the privileged part of society we might often not notice it, but the truth is that the existing from of capitalism and free market has been proven to be more harmful than beneficial to vast masses of people all around the world. I would like the free market to regulate itself towards a more equal distribution of wealth and resources, but since it is based on an unequal society in the first place, there must be measures implemented in order to protect the underprivileged groups until everyone in the world is born with the same opportunities.
This is why the idea of implementing the maximum wage makes a lot of sense to me. Not only it will encourage a more fair distribution of wealth in the society, but also it will counteract the irrational drive towards extreme wealth that has become a part of this society. Even the lowest of the proposed levels of the salary ca seem high enough to me not only to provide for a good life of one’s family, but also to motivate her to make a full use of her potential. I also strongly believe that human beings are motivated by much more than just money and creating the system where money is not the ultimate goal will only let the people reclaim the other values.
The big question would be, of course, how to implement the maximum wage law in order to protect it from being misused and avoided by e.g. moving the company’s headquarters to other countries or outsourcing management services. But this is a topic for a whole different discussion. For now I will focus on the question “should”, not “can” the maximum wage be introduced.
Read the essay "Should maximum wage be introduced worldwide"
(I hope you won't mind essay's weird structure - it was an university assignment ;))
This is why the idea of implementing the maximum wage makes a lot of sense to me. Not only it will encourage a more fair distribution of wealth in the society, but also it will counteract the irrational drive towards extreme wealth that has become a part of this society. Even the lowest of the proposed levels of the salary ca seem high enough to me not only to provide for a good life of one’s family, but also to motivate her to make a full use of her potential. I also strongly believe that human beings are motivated by much more than just money and creating the system where money is not the ultimate goal will only let the people reclaim the other values.
The big question would be, of course, how to implement the maximum wage law in order to protect it from being misused and avoided by e.g. moving the company’s headquarters to other countries or outsourcing management services. But this is a topic for a whole different discussion. For now I will focus on the question “should”, not “can” the maximum wage be introduced.
Read the essay "Should maximum wage be introduced worldwide"
(I hope you won't mind essay's weird structure - it was an university assignment ;))
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