The Case for a Maximum Wage
The Case for a Maximum Wage

Modern societies set limits, on everything from how fast motorists can drive to how much waste factory owners can dump in our rivers. But incomes in our deeply unequal world have no limits. Many of our largest corporations pay their executives more in a morning than their workers can earn in a year.

Could capping top incomes tackle our rising inequality more effectively than conventional approaches to narrowing our vast economic divides? In this engaging book, leading analyst Sam Pizzigati details how egalitarians worldwide are demonstrating that a "maximum wage" could be both economically viable and politically practical. One major city in the United States has already enacted a penalty levy on enterprises with wide divides between worker and executive pay. Activists in other global jurisdictions are working to deny these inequality-generating enterprises government contracts, subsidies, and tax breaks.

Governments could go further still and start using their tax systems to enforce fair income ratios between rich and poor across the board. The ultimate goal? That ought to be, Pizzigati argues, a world without a super rich. His clear-sighted analysis vividly explains why we need to create that world - and how we could speed its creation.

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  • May 2018
  • 140 pages
  • 138 x 216 mm / 5 x 9 in
Available Formats
  • Hardback $45.00
  • 9781509524914
  • Paperback $12.95
  • 9781509524921
  • Open eBook $12.95
  • 9781509524938
Table of Contents
  • Contents
  • Acknowledgments
  • Introduction/ Moderation in All Things, Even Income
  • 1/ Defining Excess
  • 2/ The Magic of Maximum Multiples
  • 3/ A Society without a Super Rich
  • 4/ Pipe Dream or Politically Practical Project?
  • 5/ Evolving toward Equity
  • Notes
About the Author
Sam Pizzigati is an Associate Fellow at the Institute for Policy Studies and co-editor of Inequality.org.
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Reviews

“Sam Pizzigati brilliantly explains how high taxation of the very rich dissuaded them from exploiting the rest of us so much in the past, how we lost that protection, and what we need to do to win it back today. A work of genius.”
Danny Dorling, University of Oxford

“Pizzigati raises an urgent question: How long can we endure the burden of the super-rich, who suppress the wages of the majority, drive up the costs of everything, and concentrate political power in their own hands? Fortunately he has an answer, and it cries out for enactment.”
Barbara Ehrenreich, author of Nickel and Dimed

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