Switzerland Prepares To Vote On An Incredibly Radical Plan To Fight Inequality

On Sunday afternoon we will find out if Switzerland will go ahead with one of the most radical plans to fight inequality ever: Limiting the monthly pay of top executives to that of their lowest paid employees' yearly salary. Limiting compensation to 1:12 would be a historic change: Currently, a lot of Swiss firms have a ratio of more than 100:1. Roche, the Swiss drug giant, reportedly paid its top executive $13.9 million in 2012, and its lowest $59,000 — a ratio of 1:236. This isn't just a Swi...