A maximum compensation ratio means that the highest-paid person in a company can only earn so many times the wage of the lowest-paid employee. This not only balances the absurd wealth disparity between workers and executives, it gives workers a stake in the future of the company they work for. Massive corporations have terrible customer service because the employees are paid as little as possible and have no interest in whether the company prospers or flounders beyond the risk of their position being eliminated. Successful companies will pay more and thus attract better workers. CEOs will have to raise all wages in order to raise their own. Ben & Jerry's used to be run in this way before the board overrode B&J's wishes. It's an elegant concept that never gets talked about in this country.
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