By Roberto Savio* | IDN-InDepth NewsAnalysis
ROME (IDN | OtherNews) – For those who think that Occupy Wall Street, the indignados in Spain, the World Social Forum and the hundreds manifestation of protest worldwide are expressions without concrete outcome, the result of the recent Swiss referendum (March 3 2013) on capping the salaries and bonuses of banks executives should make them think twice.
Like it or not, two-thirds of the Swiss, who are not exactly a revolutionary people, have given the shareholders of financial institutions the right to decide salaries and bonuses of their executives, which is thus no longer to the cosy mutual enrichment of their boards, and another referendum is due shortly on limiting the salaries and bonuses of executives of companies of all sectors to a figure that does not exceed 15 times that of the average salary of their employees.