In Switzerland a petition from 100,000 people, or about 1.25% of the population, creates a public referendum. By this means, last March, Swiss voters created strict limits on executive pay.
On November 24, the Swiss will vote on whether to take a further step -- limiting executive pay to no more than 12 times the lowest salary in the company. Such a maximum wage policy allows the CEO pay increases, but only if workers get at least a twelfth as much.
A movement in the U.S. is asking: If Switzerland can do it, why can't we?
The Swiss are also set to vote, on a date yet to be set, to create a guaranteed basic income of $2,800 (2,500 Swiss francs) per month for every adult. That's about $16 per hour for a full-time worker, but it's guaranteed even for those who can't find work.
You know what country can afford such a measure even more easily, given its vast supplies of wealth? The United States of America.