Let’s do some math and see how to use consciousness to conquer greed.
h3. About Today’s Show
I think as humans we are transitioning from pure “old brain” behavior to more conscious choices. Jen was talking about this in her and Kent’s video review of “An Inconvenient Truth.” It’s more efficient perhaps to change ourselves than to wait for others. We don’t have to be at the mercy of our fear and greed; we can choose to act otherwise, without losing the thrill of the game that so many enjoy.
I found the original source for the study I mentioned regarding average CEO pay. I was then shocked to read that CEO pay is actually 821 times more than a minimum wage worker. As recently as 1978, the CEO pay was only 78 times more than a minimum wage worker.
So today I propose a plan for changing how money gets distributed in a company. Ben and Jerry came up with it first, but they were sooo radical, with only a 5x differential between top and bottom pay scales, that they were dismissed by most “serious” business people. I think it is time to revisit the concept.
I think companies can arbitrarily set salary levels to more fairly compensate each employee, and if all employees benefit when the company is more successful, then I believe they will pull together to produce a better product – good for the company, its employees, and the customers who buy the stuff the company makes.
Here’s Dilbert’s take on the topic.
HoÊ»okaulike: to balance
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