Profile image
By Philosophers Stone
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Corbyn proposed a ‘maximum wage’, and the corporate media is totally losing it

Tuesday, January 10, 2017 10:40
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Jeremy Corbyn

Jeremy Corbyn

by John Shafthauer

Jeremy Corbyn has repeated his hope of one day introducing a ‘maximum wage‘.  This would mirror the ‘minimum wage’, but instead see a cap on the upper limit of what people can earn. And although Corbyn has yet to lay out any firm plans for this proposal, the corporate-owned media has already come out against it.

The idea

Corbyn told Sky News:

What we are also looking at is the inequality of the grotesque levels of difference between the average wages paid in our society and the sort of telephone number salaries paid at the top end of it and we have growing levels of inequality on that.

He also said:

I think, certainly, the salaries that are paid to some footballers are simply ridiculous. I think some of the salaries paid to very high-earning top executives of companies are utterly ridiculous.

And in response to them pointing out his own salary of £138,000, Corbyn said the cap would be “somewhat higher” than that. He also questioned why anyone would need more than £50m to live on.

The Telegraph

The Telegraph has a number of articles covering Corbyn’s ‘reboot‘. One is titled Jeremy Corbyn ridiculed for proposing salary cap as he reboots his Labour leadership. Another is titled Jeremy Corbyn’s maximum wage: politically, economically, socially and morally wrong. This second article writes:

Where to begin? Jeremy Corbyn has this morning recycled his notion of a maximum wage, which he had previously made one of the planks for his campaign to be elected as Labour leader in 2015. This is a remarkable policy that ticks just about every box: electorally suicidal, economically crazy, socially pernicious and morally wrong.

The Telegraph‘s owners are David and Frederick Barclay, whose net worth stands at around $5bn.

The Sun

The Sun ran an article titled CORBYN HOOD: Jeremy Corbyn promises to rob from the rich as he calls for a maximum wage cap. In it, they wrote:

JEREMY Corbyn has called for a maximum wage cap to stop the super-rich from earning thousands of pounds more than ordinary Brits.

The word ‘thousands’ suggests that the ‘maximum wage’ would not be much more than the current UK average (median) salary of £28,000. This is despite Corbyn himself suggesting he was talking in terms of millions, as opposed to thousands or even hundreds of thousands.

[More…]

Facebooktwittergoogle_plusredditpinterestlinkedinmail Philosophers stone – selected views from the boat http://philosophers-stone.co.uk



Source: http://www.philosophers-stone.co.uk/?p=17294

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.