this post was submitted on 19 Mar 2024
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No employee, owner, shareholder, investor, contractor, etc. can make more than 50 times the amount of the lowest paid employee, contractor, supplier employee, supplier's supplier employee, etc. (Including all of the foreign slaves).
Tim Cook wants to earn 50M per year? Then all of those Foxconn guys that they need nets to stop from suiciding need to make at least 1M. All of the guys making chips have to make 1M. All of the guys mining coal to produce the electricity have to make 1M.
Income inequality problems would be abated. "Dey took our yobs." would be less of a problem because you would save money by using local labor due to lower shipping costs. Poverty would eventually be eliminated.
Probably communism with extra steps, but maybe it would be less prone to party dictators.
But Foxconn isn't an employee of Apple. Their a contractor. This would more than likely setup companies to be more or less nesting Russian dolls. Funnily enough, it would make it harder to track money between companies because now there is so much noise
Foxconn is a supplier to Apple so their employees count for Apple. All numbers will have to be public.