By: Adam Taylor, 10/17/2013
Switzerland has a very direct style of democracy. For example, changes to the constitution, or "popular initiatives," can be proposed by members of the public and are voted on if more than 100,000 people sign them. If a majority of voters and cantons (Swiss states) agree, the change can become law. This system not only allows individual citizens a high degree of control of their laws, but also means that more unorthodox ideas become referendum issues.
Recently, there has been a spate of popular initiatives designed to curb inequality in the country. Earlier this year Swiss voters agreed to an idea proposed by entrepreneur Thomas Minder that limited executive (in his words, "fat cat") salaries of companies listed on the Swiss stock market. Next month voters will decide on the 1:12 Initiative, which aims to limit the salaries of CEOs to 12 times the salary of their company's lowest paid employee.
For more on this story visit http://www.businessinsider.com/behind-the-swiss-unconditional-income-iniative-2013-10#ixzz2iAaEgEC3
