Laws telling me what I can earn or what I am allowed to pay someone are intolerable, philosophically, of course, but that's a minor objection since few of us are philosophers. Most importantly, such laws cannot work. The cycle must break itself. Managing the crisis to protect the status quo isn't what's needed here. That growing compensation gap is the natural force that will drive major change in our economic system.
Good things can happen for what began as bad reasons.
The wide and growing chasm between the rich and the poor, and between rich nations and poor nations, is a function of an unequal distribution of power. Change will occur only if and when we work to make our voices heard, in the political arena and in the workplace. If talking doesn't work, shouting and screaming may become necessary. All we keep hearing and reading about is how we have reached unprecedented levels of prosperity. Unfortunately, that prosperity is not being evenly shared.