I don't believe we should be trying to set arbitrary limits on pay. The market can determine what pay rates should be.

What I would support of the limiting of liability protection for corporate officers (not shareholders) of corporations so that are much more accountable for their actions. The fear of lawsuits should be there to keep them thinking if there actions are opening them up to being sued. This would be a nice balance to huge paychecks.

Unforunately, the market doesn`t set the pay rate of CEOs in publicly held companies. The CEO is voted in by the stock holders. Often, someone buys 20% of the shares of a company, votes himself in as CEO, and gives himself a multimillion dollar salary. The CEO then makes enough money to cover the cost of the 20% of the company he bought as the company goes bankrupt.

I like the way Steve Jobs paid himself a dollar a year. http://news.cnet.com/2100-1047_3-6049166.html

I believe we can restrict the maximum salaries of these people. I'll admit the law might be complex, but I truly beleive it's the case. I'm also open to looking at the numbers a little more closely.
Ben Cohen and Jerry Greenfeld proposed a number around 7 times. it has been pointed out that 30 times would allow for 1 million dollar a year salaries, which considering what some of them do, is still sizeable restraint. when we proposed minimum wages, the idea was looked at as insane too. But I think it can be done. We know what these insane salaries are. I like it being a multiple of the companies lowest paid employee. there is no reason one person can pocket all the money and keep the people doing the work at minimum wage.
This has the added benefit of having some global control. If a company sends jobs overseas and pays someone 15 cents a day, they only get to make a multiple of that.
I am researching and working on a document to address this proposal directly. I am seriously going to start asking for advice about this from some names, like Ben and Jerry, and some of the more liberal politicians and lawyers. Ok, It may never happen, but it's a conversation that is definitely worth having.

I'd support this... if the minimum wage were raised to be a living wage.

A max wage is insane and a min wage is just a political tool to get votes. As the min wage is raised so to does the cost of living and those that try to live on it are right back where they started except they sold their vote to some twit that promised them hope and change. Then low middle class guys like me get shafted because they don't give a real cost of living raise. Once a year I get a 3% raise, that doesn't even keep up with inflation.

And destroy the only thing that capitalism has got going for it? The main thing that differentiated communism and capitalism, was that people would be more highly rewarded the better they did. This way, even the people who did the worst jobs knew that they could work their way upwards. This is the main motivational force in capitalism.

Capitalism is now in crises, it has been doomed from the start, anything that assumes infinite growth on a finite planet will self-destruct. Now to solve this, you have to tear down everything you know about our system, and start building up from the bottom using whatever useful knowledge you might have, which can help us address the bigger issues of our time.

Why would a person go through a ton of schooling, to become a doctor, or a scientist making breakthroughs for the future environment, just to have the same pay as say- a janitor. Where is the incentive for humanitarian progress with a maximum wage?

Under my proposal, the CEO of a publicly held company could still make millions of dollars, only it would be paid through dividends of the stock. My proposal is to protect the stockholders and protect companies from being bankrupted by greed.