Jeremy Corbyn on Proposed Wage Cap

The video discusses the idea of imposing a pay ratio requirement for companies seeking government contracts. It explores how this concept could be extended to the private sector, particularly large corporations. The Social Democratic Party in Germany is also considering similar ideas. The discussion aims to encourage debate and consider the potential for agreed ratios to incentivize wage increases within companies.

What condition must companies meet to obtain a government contract according to the first section?

• They must reduce their carbon footprint.

• They must increase their production output.

• They must accept a suitable pay ratio.

• They must hire a certain number of employees.

In the second section, which sector is being considered for the introduction of pay ratio limits?

• The non-profit sector

• The private sector

• The public sector

• The educational sector

Which political party in Germany is mentioned in the third section as exploring similar pay ratio ideas?

• The Green Party

• The Christian Democratic Union

• The Social Democratic Party

• The Free Democratic Party

What is the purpose of the ongoing discussions and debates mentioned in the third section?

• To explore the feasibility of pay ratios

• To finalize the pay ratio limits

• To implement pay ratios immediately

• To encourage wage rises within companies

What incentive might executives have to maintain their pay levels within the agreed ratio?

• To gain public approval

• To increase company profits

• To avoid legal penalties

• To ensure their own wage rises