Throwing my two cents in, I would not support a Maximum Wage, it would stiffle ambition, you only need to look at the history books and see all the great advances the USSR had, or not as the case may be.
However the current minimum wage is a joke. I was paid nearly 5 pounds an hour years ago in a nightclub as a barman.
One of the problems with this whole wage business is that those who deserve a better slice of the pie always lose out to those who are seen to be doing nothing worthwhile, hedge fund managers, stockbrokers, airline pilots, oppps.
That last one was a joke, I personally have paid for all my training and have spent the last 5 years trying to stay afloat, it has cost me lots and lots of money, I would rather not say how much, but i expect to get dammed well paid at the end of all of this.
Thats the crux of the matter, people who invest in themselves, through some kind of eduction, expect to earn more money than someone who has not. Eg a plummer rather than a shop worker. I am not suggesting that one is more important than the other, its just the way it is.