CEOs’ hard-earned wealth should be shared with employees

Message of Occupy Victoria, Occupy Wall Street is about sharing the wealth

Re: Nothing wrong with rewarding hard workers (Letters, Oct. 21)

The letter-writer seems to forget that Alex Campbell Sr. et al, didn’t make all their money by themselves.

As an example, David Hahn (B.C. Ferries) made $1 million a year and a sweet pension while the employees got zero and two per cent raises over three years. Thus the slogan: “Share the gravy, Davey.”

They all made their fortunes on the backs of others. Many of the employees of Alex Campbell, Jim Pattison and Steve Jobs are the working poor.

I would like to see a pay structure where an employee’s pay is established in relation to what the highest paid executive gets.

If that amount is, say, $2 million a year, each employee gets paid 10 per cent of that amount, $200,000. And everyone gets a similar pension plan.

Unlike the United States, Canada is a socialist democracy. Unfortunately our politicians seem to ignore that fact.

Instead of spending our money on ending poverty, they spend it on jets and new roofs for stadiums.

This letter-writer needs to take off his blinders, get out of his Mercedes, take a stroll down Pandora Avenue, and volunteer at a food bank.

B. Horsfall

Victoria

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